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- Z Se eee GENERAL JeraNESE SITUsTION PO QLI2LCaL ae The following excerpts are taken trom the Japsnese- | Anerican News, San Francisco: FINANCING JAPANESE FARWORS, ——_ A Corporation Formed to utilize Japanese Capitel | - | in Worting California Farming Lands. % "Messrs. Elliott d Calden, who for @ long time have been con- Gulting attorneys for the Japanese Assodiation of America, in egal matters affecting the Japanese, have filed with the cali- yw fornia State Government at Sacramento, an application for the Ps . formation of a company calied "THE DEVELOPMENT FINANCE conror- LON" according to a statement issued by the promoters of the bompany. This company at the center of which stand e number of well-known Americans,- is for the purpose of giving aid to Fmd Ss nera. v and farm products, and furnishing financial assistance to Japan- eso farmers in California, It is a joint stock sompany with @ million doliars capital; shares to be sold at ten dollars each." WHERE IS THE MONEY T0 COME FROM? The editorial writer, after recounting the financial difficulties which Japanese farmers have always hed to contend wrth, now grestliy aggravated by the psychological effeot of the Supreme he Court's decision on bankers (Japanese and American) and capitalists in the 014 eount y and the landlords in California, and stating that to secure advanoes from these sources is impossible, tells us that the Japanese in California have at least $50,000,000 on deposit in Tl lov