The Archive · 1938

Japan Pearling Industry

Tokyo, May 18, For the proper control of the JJapanese pearling industry, which Joperates in the South Pacific, notably the Arafura Sea north of Australia, the Japanese Ministry of In-Jdustry and Commerce and the Gov-fernment-General of the Japanese Mandate islands (the Carolines, Mari anne and Marshall groups}, are forming a new corporation, the Japan }Pearls Company, with a capital of '¥.3,000,000. This will take over, at Jan agreed valuation payable in shires fof the Japan Pearls Company, the 160 vessels at present engaged in the jen, industry, These vessels, which are chiefly Jengaged in procuring pearl-shell, with real pearls as a side-line, employ note than 2000 men, The annual Jeatch is valued at ¥'5,000,000.

The parent company will nance jand supply the pearling vessels, instruct them concerning their operations and arrange to transport" and sell their catches.

Mr. Tsuneji Mizuno will be president of the Japan Pearls Company Jand atr, Sadso. Kodama managing Central Plain Now At Japan's Merey Tokyo, May 20.

Control of the fertile plain extend~ ing over the provinces of Kiangsi, Shantung, Honan, and Anhwei was claimed today by the Japanese army.

With the loss of Hsuchow, a state. ment Issued by the Imperial General Headquarters this morning said, the "good earth" of the Central China plains has been wrested from the Suthority of the Nationalist Government, Since the middle of March, the communique recalled, large Chinese forees had been concentrated in the Hsuchow area.

Consequently, the statement said, part of the Japanese troops north of the Lunghai Raflway late in March Chgaged Ssechuenese units and press fed. them back, beyond the Grand Gonal, to a line linking Hanchwang and Taierchwang.

Text read from the printed page and cleaned; old type leaves the occasional error.

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