A large proportion of the houses and other property in the southern rt of the Tartar City is now occupied by the Japanese. Some of it has simply been seized on the fa mot plea of confiscating enemy property. At the same time, however, the Japanese have been buying up large blocks owned by foreigners, some of n the Legation Quarter. Much of this purchase of real estate has been financed by the South Manchurian Railway, though where all this money comes from is not otherwise clear.
how. things have all the appearance that the Japanese have come io stay, though some cynics suggest that Japanese big business thinks it safer to inv t its money in house property, even in China, rather than keep it in Yen.
Text read from the printed page and cleaned; old type leaves the occasional error.