The native industries which were carried on Formosa when the Japanese arrived were pursued in a very unsatisfactory fashion.

Japan has poured money like water into Formosa.

The improvement in trade and industries of Formosa naturally made apparent the need of improved banking organs and an improved currency system.

While Formosa was in the possession of China, trouble with the United States and other countries was frequently caused by these murderous attacks on the crews of foreign ships.

Formosa Japs under present plans are in effect placed in same category as Jap nationals being repatriated from China proper.