TRADE WITH THE EAST

Evening Post, Volume CIX, Issue 101, 1 May 1930, Page 6

TRADE WITH THE EAST

JAPANESE VISITOR'S VIEWS

A Japanese visitor to /New. Zealand, who has been all over thewbria, is Mr. Yugi Nagashima, the Australian manager of Mitsui Bussari Ea'isha, Ltd-., a concern whose total capital is about £100,000,000, and whose founders' have been called the Rothschilds of Japan. With agencies in eVery port of the world, the' concern handles all manner ■of things, has its own ships, own coal inines, and its own mills and factories. Interviewed at Auckland, Mr. Naga"shima said that he \had come to New Zealand to sco if he could foster more, trade between his Country and New= Zealand. He pointed out that the export of New Zealand wool^butter, and meat to Japan could be encouraged. Butter and meat were being consumed in much larger quantities in Japa than formerly, and there was no reason why New Zealand should not have her share of the trade. The great difficulty, of course, was the shipping) and he confidently looked forward to the time when there would be • direct cargo boats between Japan and New Zealand. One ,of the things that had struck him most was the fact that a mere handful of people like the population of New Zealand had been able to establish such a prosperous country with all the machinery of Government, railway, and other costly services. 'He was also astonished at the amount of the Dominion's debt —£212 a head seeming to him rather stupendous. If 'the population of New Zealand wore fiv times its present figure, just look, said he, what a difference it would make to the National Debt per head. He thought New Zealand needed more labour to develop its resources. He did not for a moment suggest that they should induce Chinese or Japanese or any special people to come to New Zealand. The class of people New Zealand wished to allow in was a matter entirely for New Zealand; let' New Zealand encourage whatever class of immigrants she considered desirable, but she certainly required more people to develop her remarkably fertile land.

There is an interesting story on page' 17 about the tropical Paw Paw tree. Many and wonderful are the stories told,about the fruit and its remarkable digestive properties.—Advt..