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Dominion, Volume 3, Issue 719, 19 January 1910, Page 7

, .''lt,.is,,-'frequently , asserted ' that japan,ese nave rio..conception;of:business ethics,' and that.in-this.respect' they ara'greatly .inferior to;the 'Chinese. -'The Superintenident ,of ; Banking;:in : .California.'has 'since ;thebeginmng;of;this year-been'compelled' to. close-the- doors .'of six-of ..the :eight' Japanese. biinks,.oper'ating.'iri v the'State—a' .circumstance :'which may have' some: bearing on. the.charge (says the American'.correspondent/.0f,, tho.Vf'AgeV).:"' The"'■ banks: forced .to discontinue business-.have violated;, the:.furidainental -rules: of. banking, .according .to;: Superintendent ./Anderson, and have loaned moneys to irresponsible :borrowers:':without''security.: 'Tho -loans were in many,-, instances made to 'officers of:,tlie:banks,':oivto.companies in which such.:officers .were; personally interested.. . Such .loans . constitute, a'ofiminal Mence - under a new.' Banking i Act adopted early' last.-ycar,/but; as ..-tho"loans were made prior to the;passag« of:that'measureihere ,can be-no prosecutions..'. : Of-the crop of .Japanese:banks that sprung up. in California, only, .two are :.ndw..in operation—dh« of them : 'in; ban/Francisco and the other in Presno, .tho centre'of aninnnense fruit -and -.grape .growing district, ;,in,'whioh ' Japanese "are! very numerous. ''.;''

...Ceylon: Inst month: gave' a most 'cordial '.welcome'to-General,-Sir John' French, In-'spoctor-General ,pf the 'Tiroes. ■'■'■ The :Cey-, lon "Observer" of .December '4II': writesH."lt is' Ceylon's.proud privilege to have as hergucst. for a week'the hero-of South Africa—the"man who.was.foremost in the relief of .Kimbcrley, .tho. caphiro' of Bloomfontein and. Pretoria; and who was mainly for tho great' victory ; of Elandslaagte—to. mention;only a very '.few ;.of ■ his notable' achievements. :Of n spare figtire and. rather, below the. avcrago height,;at' .'the.'first glance' Sir John .Pronch :striKes"'ono as: being;anything but soldierly.". But see : him (move and the impression instantly-vanishes. There is a, world, of power in tho. quick,- lithe, firm stop, and the ' spirit, of . the. Eoldier and commander .issoen in the penetrating eyes, sweeping; down' the lines of the 'guard." ■■■':-. ' ;-.'■:".;': .';.■