OCR Text |
Show (Japanese Plan to j Colonize Coal and j Iron Fields in Chile! VALPARAISO, N'ov 29 Efforts nn'.ei by Japanese to establish themselves In Chile, particularly in the coal and tron minlnr fields are exciting considers c Interest There Is also talk 01 the open In,; up of fishing induWrles In 'tImi islands to the south in localities wh Japanese would have particularly gOid opportunitlc: These actlvtes awaken Interest be It is recognized here thai. Japan Is sck inp opportunities In South America lor 'her excess population. Already thov have , made such progress in Peru In Oui.-also Oui.-also they are beginning this work and it has been said here that tney seek par tlcutarly situations that are strong h en from a strategic and industrial stand- ' point as. for example, Concepclon ba. . ' where there nr.; many coal mines. Certain newspapers In southern Ch'.lc have been rall.ng attention to these activities ac-tivities At the head of Concept ion Day there are coal mines on Which aCOOrdta to newspaper reports, Japanese have acquired ac-quired an option This option is said to Include the mine 01 PllpllCO, for which an offer of 180.000 pounds has been mad -. j The Japanese syndicate. It Is reported, plans to develop the coal Industry at Con cepcton and introduce modern machinerv. There is no law In Chile which prevents pre-vents the purchase of propcrtv by foreigners. for-eigners. It Is pointed out here that the negotiations above referred to may result re-sult in delhenng to Japan un Important base for the development of her Influence in the Pacific. |