Salt Lake Telegram | 1906-11-20 | Page 1 | Island Empire is Prosperous

ISLAND: EMPIRE IS PROSPEROUS , r .'' Steamship - Company Manager Man-ager SpeaKs in Glowing' Terms of YoKohama; Building New Steamers. SAN FRANCISCO, Nov. 20. M. Shiraisha, general manager of the Toyo Kisen Kaisha Steamship company's com-pany's line, arrived from Yokohama yesterday on the American company's steamer. He speaks in glowing terms of the prosperity of the island empire and tells -of the large plans of bis concern con-cern to meet the growth of trade between be-tween this port and the Orient. "I have come here to see how our business is progressing and what the outlook is for trade with the Orient," he said. "It has been reported that my company intends buying the steamships steam-ships of the Pacific Mail company, now plying between this port ad Hongkong. We have no such idea. We are building build-ing two steamships in Japan for the American trade. They will cost $2,000,-000 $2,000,-000 each. They each will, be of 12.500 tons burden and will carry 200 cabin passengers. "The first of these boats will, be ready to go into service by the end of next year and the second will be ready in July, 1908. we believe that the prospect pros-pect of trade between the two countries coun-tries warrants the expenditure."