The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1918-09-12
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yo,rs sue cxn,c:s TO pro ,hto 1 ,zfAneo
Y ors o: froD- .,.:j 81 4.;,ss teas - sttGi
a +Ilu.:.y sresr.ss ,cs i.;.,.i SO .l.ssx-
;,:rl04@sl 1st ,hey ..nnn:c the ;:,s.S-
tim o: csris.a !rch :oilcs IN IuHaSs n
/ @, Ter T., .,st::a .he!r ,:.-HtfAc;ttret& ~
ample se;;.:,'Is'..
For De :as. ..f:r-c ;ta.i Jars:; aha
Aecn ,eaSAunS :r6n; :!cr:rauy's p;th-
travail trSs1 ts..e.s:, :rsLs:.. She Mas
br...:i:rs:: !. Us trs. Lie:s ~ heirs
forceh IS !r,' ~ l.o,r.; Or 70 vioduos
L.fsc:t :i..> 'Arf ,laIeriais anil dntsI;et
produces w'::s;, tiermsuy s3cpl:.:d. au4
I again si:;. TIES Benefited ~ :.+:ilns her
own products, 70 ca;ntr:sa which Tor
merry !onch. .roi:, !Ge:d.Iry. !StiAn
is making every eirdr, TO REP ths nuy.
ing worlds attention .!.cE hsrseit and
new enterprises are cGns:Aatis inter.
ins tile field for'ner!;, dominated By
The Germans. Because of their ;::,its.
live skill and their apply OF cheap
labor the japanese are particularly
well equipped to compete forNti.!, kind
Of business.
The scarcity OF dyes has, been felt
very keen!y by the textile industries
of japan and for the last three years
the Government has been encouraging
the formation OF dye Industries by
granting subsidies. Tie amount Of
the subsidies Is sufficient to, enable,
the companies to pay a dividend Of 8
rer cent. per annum Oh their paid-up
capital. and they are to be given for q
period of ten years. jI, i
Unprecedented profits have been
earned by the shipping companies as q
result Of the Increase In foreign trade,
and the building OF additional tonnage
Is going on ut top speed. Practically
every one 1T the owning companies
has Increased its capItat with the pur->
pose Of making extensions. Several
new routes have been established.
In response to protests against fur.
Their subsidies the usual subsidy
period Of four years has been divided
ana the present nllotmenfs win run
,oniy to the end OF next year. With one
exception the amounts have been re-
ducad. The Government maintains that
the subsidies nre necessary offsets for
special obligations and burdens which
are imposed upon the shipping COM
panies in the interest of the Empire
as a whole. The idea that subsidiza.
ton implies rights Of supervision and
regulation Is being carried out in all; ;
new enterprises to which the Govern;
nlent gives financial assistance. 4: I,
The close and necessary relation be-
tween adequate banking facilities and
the expansion Of e>.:ssss:: trade u Eec-
oynl.cd In tile arrangements which the
Japanese are making to have branch
banks at every point where their mer-
chants toucl1. A banking commission
recently completed tour Of South
America and decided that banks
should be established at Santiago. Val
paradise, M6ntevideo, Buenos Aires,
Rio de Janeiro, Sac pauIo, Para, Per-,
nambuco, Bahia and Mana0s. ~
The Yokohama Specie Bank has per-
fected arrangements for regular I'D.
vances to japanese merchants In the
United States, Hawaii, Canada, Bues
nos Aires, Rio de Janeiro and Java
The Industrial Bank Of Japan llai
been accorded the, privilege of issuing
loans guaranteed by the Governments
and Is to cooperate closely with tho
Oriental Industrial Development Oosa.
pany, private concern, which fecent-
ly Increased It's capital from $f,500,Ooo
&, Cfl 1fl0 000 =.