Empire of Japan (economic and Financial Data) - Investment in Korea (through World War II)

Investment in Korea (through World War II)

During 1932, Japan invested $550,000,000 and $320,000,000 in 1938. This investment produced a return of 400% in industrial monetary value.

In the fishing industry, Japan extracted a value of 20,000,000 U.S. dollars annually. This is a high per capita statistic in fishing and collected 15% of world fishing volumes.

The Noguchi Family put their principal investments in Banking commerce and Industry in this province. With their funds, zaibatsu and the Japanese government founded the Bank of Chosen, the central banking institution in the province, which stayed linked with the Central Bank of Manchou, the Manchu central bank.

Other significant industries were chemicals (30%) and Metal and machinery (10%) with a total 1,000,000 of workers in these areas, plus woodworking, textile, foods and handcrafts.

Japan developed 4,000,000 acres (16,000 km²) for rice and 4,000,000 acres (16,000 km²) for rye and mice, and another 3,000,000 acres (12,000 km²) for soybean, wheat, tobacco and cotton. 7% of peasant families were employed in this cultivation which produced 5,000,000 tonnes annually. The harvest supported 1,700,000 cows, 1,400,000 pigs and others.

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    Signal smokes, war drums, feathered bonnets against the western sky. New messiahs, young leaders are ready to hurl the finest light cavalry in the world against Fort Stark. In the Kiowa village, the beat of drums echoes in the pulsebeat of the young braves. Fighters under a common banner, old quarrels forgotten, Comanche rides with Arapaho, Apache with Cheyenne. All chant of war. War to drive the white man forever from the red man’s hunting ground.
    Frank S. Nugent (1908–1965)