JAPAN’S RESOURCES.

Ashburton Guardian, Volume 59, Issue 17, 31 October 1938, Page 5

JAPAN’S RESOURCES.

“NO LONGER A HAVE-NOT.” TERRITORIAL GAIN IN CHINA. (United Press Association—Copyright.) TOKIO, October 29. “The Japanese hitherto have been a ‘ have-not ’ nation, but they will be Qiie of the greatest ‘ haves ’ as a result of the economic bloc which is being established by Japan with Manchukuo and China,” declares the newspaper “Nichi Nichi.”

The newspaper continues: “Manchukuo is increasing its output of minerals and, with Korea, can more than supply Japan’s requirements of 23,000,000 tons of iron oi-ej in the next five years. There are also iron ores in North China,, in the Yangtse Valley, while the coal deposits in China (including 127,000,000 tons in Shansi), in addition tor those in Japan and Manchukuo, will meet Japan”® demands for 240,000,000 tons during the next three years. “Shantung will largely supply the Japaneso requirements of salt, hitherto imported. China will he able to develop cotton-growing, and the wool output of Manchukuo and North China can easily be increased to meet Japan’s needs.”

POLICING OF THE CONCESSIONS. TAKEN OVER BY JAPANESE. (Received This Day, 1.55 a.m.) LONDON, October 30. The Hankow correspondent of “The Times” says that the Japanese having taken over the policing of the concessions, including the British, the British and American naval patrols have been withdrawn, taking the place of Chinese and special police. OUSTING FOREIGN BUSINESSES. THE JAPANESE OBJECTIVE. (Received This Day, 1.55 p.m.) LONDON, October 30. The Shanghai correspondent of “The Timies” says American businessmen approved the United States action toward, Japan. They point out that Japan launched a programme designed to oust American business form China. British businessmen have long advised their home firms to the similar effect.