Tokyo, June 5.
HAT Japan will enter a golden age within about five years, becoming so strong that she will be able to cope with whatever unexpected situation may arise without any anxiety, is the belief of Mr. Ginjiro Fujihara, one of Japan': leading industrialists and chairman of the board of the Oii Paper Manufacturing Ca., expressed in a new statement.
His prediction that Japan will be able to finance her undertakings in China by he if if necessary, was reported by this correspondent recently in the "North-China Daily News."
Japan has a big margin in her economic strength, said Mr. Fujihara, and has many strong points peculiar io her. Her mew system of controlled economy now functioning pretty well. With a definite export-import control police already fixed, her foreign trade is making a fresh Fea start.
1 should like to express my opinion about some export commodities which have not attracted men public attention so far. I wish to draw the attention of both the government and the people to these goods, I want to discuss the export to foreign countries of foodstuffs whose production is most suitable to our country.
Canned salmon and sea-trout has been the main item of our foodstuff sales abroad in the past. The export value has, indeed, been large. as during last year Y.57.500,000 worth of these goods was exported, of which a little more than 80 per cern. was sold to England. The more we produce these goods, the more we can export them, of course.
From.olden times the Japanese have been accustomed to eat such large quantities of fish as part of their daily meals that they seem to have become so familiar with this food as to overlook its valuable possibilities. Our sardines and herring are so plentiful that they are used for fertilizer. Japan's fishing grounds are filled with a great variety of fish besides those to which I have referred, particularly crab and tuna. These fish can be sold abroad for good money. So instead of eating so much of them ourselves we should pack and export more of them. This would assure us of income from abroad of a further Y.40,000000 or Y.50,000,000 a year.
Text read from the printed page and cleaned; old type leaves the occasional error.