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. bp) UY SENVRAL JaAPatESE SITUATION 1/5/24. PAGE 7. FOLLe ican: | o BINAUCLIG JaPANeSeE VAR.innS- Contd. @ o tJ | a & c a G iss rs o a c br a ba br been so often bitten py investments in oil stocks and other ventures that they are afraid to invest in America. He repeats his stutement made in a former editorial that the Japanese in this country dug up at least $2,000,000 for the earthquake relief without feeling it. Hence, there is plenty of Japanese money to finance thig now corpora- tion if it oan be coaxed from the canny Japanese owners. He con- Oludes with an appeal tor cooperation with the new company; ~"Those who drew their money from banks and invested in rice, lost their money. Very many others who have invested in mexican mines and o11 gtocks, have hud the same bitter experience. it ig wise not to have anything to do with auch risky investments, but if a safe and reliable {nstitution is organized for better interest than will be reoeived from bancs, and which is organized for the purpose of aiding Japanese farmers, of oourse there will be no hesitation in cooperating with it and protecting it. This Development Finance Corporation is a substantial body whose acti- vities have meaning. Consequently, all Japunese are likely to support it. We think it is our mora. duty to support it." _-—_ we ese Be we ew ee Pee Fe el Tor loy