The Japanese firm of Mitsui has established a refinery at Hankau to handle the famous nuts of Szechuen province, which produce the oil known as China wood oil. The Mitsui firm also handles the production of soy-bean oil in Manchuria, shipping the oil and the cake in great quantities in their own steamers to Europe and America. The Mitsuis do their own banking. The soy-oil is used for cooking, soap making, and as a substitute in paints for linseed oil, which is becoming scarce. The cake is used as a milk food and a fertilizer in Europe and America. To what proportions the industry has grown can be judged by the following figures: Newchwang (Chinese) shipped 230,000 tons of beans and 400,000 tons of bean cake in 1911. Dairen (Japanese) shipped 450,000 tons of beans and 300,000 tons of bean cake. Vladivostok (Russian) shipped 250,000 tons of each. The soy-bean oil amounted to about 700,000 hundredweight. This immense crop speaks eloquently of the richness of the black soil of the three provinces of vast Manchuria. The bean is also now being planted in Szechuen province in the rows where the nefarious poppy once bloomed, and America is using quantities of seed in the southern states in connection with enriching land which has been impoverished by cotton. The soy-bean, being nitrogenous, adds to, instead of taking from, the life of the soil. One ton of beans, besides two tons of soy hay, can be produced per acre. Canadian and South African railways may own hotels, express, telegraph, telephone and land companies, but here is what the charter of the South Manchuria (Japan owned) Railway Company permits them to do: operate railways, cities, steamships, hotels, mines, electric light and gas plants, tramways, laboratories, laundries, shops, dormitories, go-downs (warehouses), hospitals, Y. M. C. A.’s, schools, libraries, mills, selling agencies, stockyards, forests, sawmills, farms, kaoliang distilleries, etc. This reminds one of the ancient East India Company’s powers before Warren Hastings was impeached, or of the ambition of Incoporator Dill in the palmy days of the incorporation laws of New Jersey State before the Interstate Commerce Commission got into its stride.