The Archive · 1939

Philippines to Confiscate Foreign Property

Japanese' Interests Hit By New Proposals

Manila, Feb. 14.

All property leased to foreign interests, excepting that leased on Government license, will shortly be confiscated, according to an anfouncement made here today by the Secretary of Agriculture.

The Government's hand, says the announcement, will fall first on Davao Province, which has a rich hemp trade. About 10,000 Japanese are said to reside in this district, the majority of whom are alleged to be carrying on, illegally, businesses registered under Filipino names. The value of the interests involved is believed to run into severd million pesos. The other foreign interests in Davao are negligible—Reuter.

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

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