The Archive · 1935

Japanese Bankers Visit

The arrival of a party of Japanese bankers in Harbin is hailed as a good augury for the future development of the country. The party are making a very thorough examination of the possibilities of business and investment of capital and on their decisions will depend the amount of capital which will be allotted for the economic development of the whole of Manchuri In the interviews. given there was! no mention of possibility of inviting foreign capital to participate in Manchoukuo, from which it might be sumed that any such capital would be loaned to Japanese banks who in their turn would invest it in Manchoukuo. That there must be great development throughout the whole of North Manchuria goes without saying, but whether foreigners and foreign capital will be able to participate {is as yet a moot question. At present order is being restored and when that is concluded, it will be possible for foreigners to take up the matter of investing capital in industrial and commercial concerns. As Manchoukuo is unrecognized by almost all the Great Powers. the only way. of investing capital in the country is through Japanese banks and firms.

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

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