Shimonoseki, Apr. 17.
Silver bullion of a value of from 400,000 to Y. 800,000 has" flowed daily into Japan proper from Korea for about a month." Every ship plying between Fusan, Korea, and Shimono= saki, carries from 105 to 200 boxes Jeach containing 60 kilograms of metal valued at Y. 3,770.—Rengo.
Two big fishing centres are being planned by the Ministry of Industry, one on the Kiangsu coast at Sheng-shan near Chungming and the other at Shihtaoshan on. the coast of The Communists still present a serious problem to the Government ud though the operations of Gen-feral Chiang Kal-shole have been tue cessful in practically. clearing Kiang. Sot the "Reds". the Communist armies have merely been driven "pastures new", necesslating further expensive military operations ental riga considerable drain on an ale Feady over burdened exchequer. The work of rural. rehabiliistion" and agricultural' development. now being Vigorously' pushed by. the. Governe ment. in Kiangsi should prevent any eerudescence of Communiem in. that Province, Communism in China ber {hg due' to economic rather than Dolitienl causes Much greater attention than here tofore is being given by the Govern: ment to: agriculture and the developent of the urs! district: the Mine Istry concerned being actively engined vagricullural. research, seep tine Provernent, the essblisument of rural ce-operatives and. work. connected With the welfare of the rural popula tion, all of which must ultimately have great influence not only in com balling communism but by improv. ing and standardiing products and giving greater feces' for macket-{ng enabling the produce of Chine {or compete with greater' success in the markets of the world. However, tong as China's products are pen? lized by the export tax on produce Shipped abroad, which tae hes been Increased since the Washington Con ference of 1932, it will be. dificult for China to meet the competition lof other countries whoes produce is for so penalized and. which are more favourably. situated regarding pro. duction and' transportation. Judging from a recent staicment by Dr. Kung the question of the abolition of ex: ort "duties end interport dues of under consideration and it would "appear that important modifications inthe present "export {eit may be promulgated: shotty.
Reference "has been made tothe depression as being due toa consi. fderabie extent to" conditions over which "China could exercise little st control, but. there is. much that Chine might the. depression. "The [doing something and it is understood that the National Economic Council is making serious investigation into many. countries and. the rise. exchange during the past year would account for a falling off in many of the exports mentioned.
The decrease in cereal imports is due to the conclusion of the imports for America under the Cotton and Wheat Loan.
The increase in the import of machinery and tools shows that the Jdemand for "capital goods" is still fon the upgrade while doubtless' the decrease in the Import of colton goods Is to some extent accounted
mills. for by the sclivites "of the local
Text read from the printed page and cleaned; old type leaves the occasional error.