Tokyo, Aug. 28.
Manchurian empire, despite all that ig being done to prevent it from developing, is steadily advancing and consequently is coming nearer to being recognized by those countries which are interested in securing part of the enormous trade which must necessarily follow the development of a country.
For years articles in the foreign press have put forward the enormous mineral and agricultural wealth that Manchuria possesses and its wonderful natural resources and this in ite along their tracks must bring more business from provincial centres which were hardly known to foreign firms before. The interesting question, to foreign merchants then is what lass of goods are mostly. to be in demand in the provinces of Manchuria and without doubt the most import ant as concern foreign manufactures must be machinery of every kind motor cars, clocks and watches, wines and luxurious tin goods, while fol owing these household utensils, cloth ing, boths and shoes should be men-Mloned as the Chinese woman' and Harbin, Aug. 18.
It is a very long time since such, fan outrage has been committed on the Sungari River as happened here three days ago, when bandits to a ipumber of about 100 attacked a pas-Jsenger steamer on its way from the Hower reaches of the river to Harbin.
[There were about $00 passengers on the s. Yinkow, almost all of them being Manchu citizens, with a sprinkling of Japanese.
With the first volley fired at the steamer, a number of persons were Great importance ts attached to the report given to-day by the Foreign Minister, Mr. K. Hirota, to a meeting of the Cabinet regarding the negotiations for the transfer of the Chinese Eastern Railway, which have been deadlocked since August 13.
"Mr. Hirota is understood to have told the Cabinet that there is still room for negotiation. Although Soviet Russia has not submitted any Anal proposal, he is believed to have expressed the hope that some means may be found te break the impasse.
The death penalty was asked by the Prosecutor, Mr. Kikuchi, to-day. for Nissho Inouye, 'T.-Konuma, Goro Hishinuma and E. Furuehi, alleged Headers of the sensational "Blood /Brothechood" which assassinated Mr.
Inouye, former Finance Minister, and Baron Takuma Dan, one of Japan's leading industrialists, In 1092 The trial to-day was attended by a record crowd and the court was heavily guarded by the police.
Life imprisonment' was urged for Yomoto, who was assigned. to as-time has brought many foreign Arms especially the Chinese girl is" now into the country, fully expecting that copying the style of Europeans and the opening up'of branches in such Americans in every particular.
an enormous territory would result It should here be mentioned that profitably to them, but the incidents in making purchases of foreign goods which occurred in September 1931 the Chinese buyers are most. parti-and the advantages which naturally ular that the marks on such goods accrued to the Japanese in all busi-should distinctly show the country ness transactions, has caused many of origin, this most particularly re~ those firms to close their branches ferring to textiles in which line and leave the country altogether.
British are not only considered but This has, however, not prevented are the best in the world and buyers such great institutions such as the have no objection to pay higher price Hongkong Shanghai Banking Cor-for them. eration, the Chartered Bank of India The press of Manchuria is taking and Australia and China, and. the much inferent in the Information that National City Bank of New York has. been telegraphed now. from to continue the work of their bran-London that well-known and ati-ches ju the country even though for thoritative representatives "of the the time being business is not so Federation of British Industry pro-rear as it pose to make a visit this antum to In former days there were quite number of different currencies in Man Manchuria their object being to become acquainted with the actual state churia some of which became entirely of affairs. valueless such as the currency of This visit should prove of great Mukden and to a certain extent that bene it to the business - world. of of Tsitsihar, though that of Harbin maintained its position and on the Great Britain and produce closer contact between the two countries, unification of currency by the new State the new dollar was valued at rebably resulting in the acceptance: 25 per cent, above the Harbin one. of a historic fact that has already een fully accomplished and should Manchu Dollar and Ye1 lead to the established of a new At the present moment the Man-Polley as regards the newly formed State. churian dollar stands much higher than the gold yen, being quoted at "Open Door" Inwards full ten per cent: above Japanese It is understood that the gentle currency, thus making it a very much men who are about to visit "Man-more stable currency than any' that churia are visiting the country unothas been seen in this country for tidally but they wil see with their own, many years. The unification of ur-eyes what is actually "happening which has now been carrie. the country and what it has to offer ut with complete success must have in return and as men of influence on general trade and the medical and industrial country is so vast that there should their country their repor be roam for many foreign firms to Very considerably assist in clearing find profitable business even though misunderstandings which exist at they must reckon on very strong the present moment regarding Man-'Japanese competition. churia.
Tu many parts of the country band-'There are people who state that try has been entirely. suppressed the "open door" in Manchuria means though that of the eastern line is the "open door" to get out only, out iM causing very much trouble but in a country of such vast expanse time passes there is no doubt that and with a steadily growing popula-the Japanese Army which is in lon it is absurd fo state that there the service of the Empire of Man-no room for foreign firms to work coliuria wilt "finally exterminate all {in it as easily as they do in Japan. those elements which are interfering, All those goods in which the Japa-with the progress of the country. ese manufacturers are not compet-'The improved conditions which are ing very strongly must find a ready now to be found in the province are market in the country, besides which the reason why a very large number there are always proprietory articles of emigrants from Central China are which are bought just as much by making their way to settle in the the Japanese as by Manchu and country and at the same time many. which must find purchasers through Koreans are also taking up tracts of out the whole of the country. land for agricultural development, Though many of the larger British line in which they are specially: firms have close their offices in adapt, Harbin and left the country for good, Foreign 'Trade there are still British commerical For many years the export and men letting the city who have resided import of Manchuria' was almost there for many years and wno entirely controlled by foreigners while know exactly What goods. can be hat of home trade was entirely better sold and know under what the hands of Chineie, though there conditions such goods can be placed. The small British evening "paper "Harbin Observer" which is the only English Language paper chants have been making strenuous North Manchuria and which has been endeavours to become entirely inde-established here for more than ten pendent of an intermediary in their Years has lately began to increase its Felations with the markets of the Circulation and just published a new world and in. some lines they have directory of Manchurian cities, whicn succeeded in doing so, but to do this the first English directory of the they require to have correspondents /Manchuran Empire, giving the names who fully understand the language of the leading commercial firms of the country with whom they are the country, working or in some cases they find a local representative who is able to transfer their orders to large firms:
foreign countries with whom he
Text read from the printed page and cleaned; old type leaves the occasional error.