The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-11-30

Austria and Hungary combined have 5000 .oco
acres less In forests than has Japan. The potential
wealth OF Japan's forests is very large. Germsn"
has an annual Income OF 100 OK. 600 marks from
her PruSsian forests, OF only one fourth the area NJ
Japan's. AS yet, Japan's yearly output OF umb-r
does not exceed 10000 900. and her lumber ct
ports, excepting matches rhe chief article mad,
OF this lumber. are Insignificant.
In railways Japan as yet has only 5000 miles ~
narrow gauge roads for the transportation ara
freight uses OF more than 10000. 900 people. Hencs
the purchase OF the privately owned railways hv
the Government for Improvement and extension
The small ship repair shop OF nifty years sSo
at Nagasaki has become tho great Mitsul Shiphnrt
Ing Yard. helped by subsidies for navigation ana
shipbundlng. A capital OF IS, 100. 900 is now IN ufa
and work is supplied to 10000 men. The ward has
an engineering school where $50 students study
mathematics and also English from English text
books. Only Ave foreigners are employed In ne
yard. Ships up TO II 900 tons are built there. Win
very few exceptions all the workmen are younx
men of modern education.
American electrical machinery In Japan will has
a competitor In the large factory 10 be built b, the
Mitsu Bishi Company for manufacturing large tur.
bines, electric motors and generators. An eKprri.
mental factory AT Nagasakt II now making eIprtris
motors, &c, for the expositon 10 be held in Toxic
next spring. The same hrm Is completing large
shipyards.
The debentures Of the Toxic Klsen Ksishi tOrisn.
tai Steamship Company and the .Kawasaki Dock
yard Company are 10 be put out nv the eight lead
lhg Dhhhs OI lOklo ana Osdka. Inc TWO Issues are
1000 600 each.
Japanese business men are forming a China.
Japsn life Insurance COMPANY with $4,000 car
ital. Count Okunna Is strongly supporting tie
enterprise, a. is also Baron shibuwssa. president NJ
the First Bank.
Jspan's total national debt Is st.Oii. al. Ss7. ears,
10 $50 per capita OF a population Of 1000, o0o. Its
thought. however. that Japan's population II
nearer 4o.O0o.OoO than 10000 900. OF the debt.
1921, 100000 bears interest at o per cent. ss4l, 900. ooo
- a - ,aHH 49, /. a..e 49, A..
5 per cent.
Japan's hftcen year railway programme will cost
SOo,0oO,OOO OF which 1880 900 viii be for new
construction and s25.OOo.OOO for improvements
Subsc riptions In Japan 10 the South ManchuYisr
Railway shares uOO. 900 at 800, OOo,0 900 face value,
covered the Issue more than nine hundred times.
That shows Japan's potential wealth. On th4
pro rata division a great many have 20 be content
with half a share. and the fortunate ones In inst
class have 10 be chosen by lot. That reads Ike =
land rush" in the United States. but II Is a 81;
Forty inve new business corporation enterprises
have recently been started in Japan. with SS'.g7N-'
900 n0t, 100000 VEN capital. Extensions 10 ,'sN
Si7Ooo.nO are also made 10 twenty two cornor---
concerns. The largest new Industrial enierrrSs
is the Ujigaws Electric Power Company, capital
Se.2JO,OOO. but the Anglo Japanese Bank, csptal
$4,000 O. holds the record for new companies
In September Japans exports were SisOCo.Oo.
an Increase Of H,JO0.0OO, and her Imports '31 OOn,Nro.
an increase Of S.OO,OOO, leaving a trade gain tns
nrst for a long tImcl Of x5OO.OOO. out ot , sOpnO
tons OF shipping entering and clearing IN the
month i,4OOyOo tons was japanese.
The Edumltsu Government Iron Foundry Pm
pioys 5000 skilled artisans and 1000 Temporal"
temporary hands. In ordinary articles It. turns
out s.OOO tons yearly, besides 7OOO0 tons OF irnr
manufactures for use IN building bsttleships. When
the foundry gets morc coal ~ owns q coal minej
= much larger output will be forthcoming
A German shipp'nC nrm ~ Chemulpo. Cor-s,
has established = regular lin, between s~nsnghsL
Chefu and Tsiren Manchuris). also another linz
between Shanghai. chefu, Chemulpo Eagssakk
Fussn. wusan and Vsdlvostok.