The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-01

Article 8 OF the recently concluded China Japan
treaty provides that all materials required for tho
railways In south Manchuria shall be exempt from
all duties, taxes and likin. That is a great gain to
Japan and also the other countries from whom
some OF the necessary material may be bought II VI
can compete successfully with Japanese material{
A chance for the sale OF American railway matenatr
Is thus open. 4
Under the China Japan treaty a joint stock
company Of forestry Is to be formed, composed OF
japanese and Chinese capitalists. for exploiting thot
vast forests on the right bank OF the falu Rlver.l
japanese and Chinese shareholders are TO share
equally In the profits.
Many OF the japanese railways. says g.. L.
Walsh. in the Anglo j dDdneSe Gazette OF London,
have adopted American locomotives almost en-
tirely. There are forty on the Government lines,
many OF which were built at Schenectady. n. Y.
These run ON level stretches. but Japan Is about
to order a number OF locomotives for heavy grade
work. Mr.. Walsh says that Japan is so broken up
with mountain systems that II is phi ysically unsuited
TO great railway development. yet Japan Is prepar-
ing for complete reorganization or Its railway sys-
TEN. In 1904 1t had 5000 miles OF railroad. but
to day. II We include the Corean and Manchurian
possessions. It has more than 5000 miles. There
are upward OF 1000 locomotives. 5000 modern
carriages or coaches and 20. 1000 freight cars or
wagons for carrying goods. The worst feature
about japan railways is that they are all narrow
guage. ara eve ntually will have to be changed TO
standard Suage, II only for the sake OF speed. Block
signal systems are used on the main Government
lines. and the vacuum brake Is freely employed.
The lines have electric alarm sig nails at crossings
and electric train lg hitting Is being adopted. Cour-
tesy is characteristic Of the japanese, and the railway
employees and ofncials are models OF propriety.
The Japanese troops in Manchuria. under the
pressure OF transport necessities, built a military
railway from Wlju via Fengwang and Molten to
within twenty nine Kilometres OF Mukden. Nate
rial ran out, but rails have arrived and the line ia
being rapidly completed.
Recent dividends paid by ,JaDnneSe commands
include Nippon Yusen Kaisha chipping, IL per
cent: Hokkaido Tetsu Tanko Kaisha (coalI. is per
cent; Toxic Electric Light Company, IL per cent,
and the Ewo Cotton Spinning Company. 10 per
cent. These sample dividends are indicative OF
the condition of Japan's shipping, coal, electric
and cotton spinning industries. The net profits
of Osaka's principal cotton spinning companies
for the half year ended September 30 last were
Kaneg afuchi, $1,000 900: Settsu, 100000; Godo.
$4,000; Osaka, s275,ooO; Amayasaki. si7SoOO,
SIPS. 900; and Kishiwada, el25OOO. That
little bunch OF net profits aggregates s~2,275,0O0
for only seven mills. and that for only six months.
OF which three were war months.
Negotiations are pending for the Issue OF several
japanese railway loans on the London market.
including the Sanyo and Kiiushu railways. Ameri-
can capital ought to be moving In this matter. as
Japanese railways are a good loaning proposition.
Mr.. Sawayanagi. director Of the Japanese General
Education Bureau, is to deliver thirty five lectures
In Great Britain on Japanese education, under the
VI Nht ASIllIbl
Japan's consular service Is 10 be considerably
developed at once. Some sixty japanese are TO
be sent out this year TO establish new consulates
In Europe. the United States, Canada and India.
No foreigners will be employed 10 represent Japan
is a pointer for us In our omewhat imperfect
and insufficient consular service. Not only will
Japan's consus be paid their salaries and expenses,
but they will also be allowed a further sum annually
TO be used in advancing JapanIs commercial In
terests.
JaNaRss N0raI1n traHa - tnnE I,1lAnl. .,.N -
a record breaker. It reached q total OF S4o4, 500 900,
up OF Spa. 900 900 imports and Si0o, 10000
exports.
The 100000 mortgage bond loan asked for in
London by the Hokkaido. Tanko. Tetsudo Kaisha
colliery and Railway Company. Lin
ited was subscribed twice over. The bonds bear
nve per cent. gold interest. and were offered al
1slz, They are r~edeemable In 1921. The company
Is earning 81, 900 a year net, and for ten years
has paid dividends OF from II to Is per cent.
British electrical manufacturers complain that
they arc not receiving a fair share OF the orders
being given out in Japan. Schenectady and Pitts
burg nrms are getting the most OF them.
Fertilizers are In large demand IN Japan, owing
10 the adoption OF scientific methods OF farming.
In the hrst half of Japan's nscal year. ending March
81. her imports OF fertilizers were of the value Of
Ia5Oo 900, against ss.sOO.O0O In the same half OF the
1904 fiscal year. That is an opening worth looking
after by Americans.
Exports OF American cycles and parts TO japan
are Increasing. the Anglo Japanese Gazette SAYS.
A company has been formed 70 build and operate
IN electric railway between Otsu and Kioto. an
other line from Rloto TO Osaka twenty eight miles,
y TO be built the Kioto and Tushlma hr now In
The Japanese Railway Bureau ls commencing the
construction Of several lines OF steam railway
namely, the Toyama and Naoyetsu. seventy .0ya
niles; the Sonobe and ytyabe. twent six miles:
he wadsyama and FukSchiyama. ~cigiteen m,lew
md the Yonaeo and Imaschi. thirty -unA, miles.
The ToyAma- Naoyetsu line will cost H.oooooo.
rhe others range from ti,500,oOo 10 S2.SOoOOo.
Another and longer road. 10 miles. is 10 be built
~ the Government. connecting Seoul and Genan
u q cost OF slC.ooocoo. In building railways the
.Apanese Government has the courage Of It's con-
'ictionS.
Japsn's new sardlne and other Ash canning In.
.luStTies are a success.