SPECIAL REPORTS FOR FEDERAL TRADE COMMIssioN, 199

ARTICLE 56: The office is allowed to raise a loan only by resolutions of the
rouncil ; provided that a temporary loan during the current fiscal year can be
made under a resolution of the standing committee.

These laws and agreements under which the tea guilds of this
country operate are given in detail, because they show the manner
in which all guilds operating in this country are organized and conduct
 their business.
Other conditions—The other guilds of importance, organized under
 the law permitting the combinations of business men now in
existence in Japan, are—
The Matting aed Guild, Kobe.
The Guilds of Manufacturers of Marine Products, Yokohama.
The Guild of Stock Breeders, address care the Department of
Agriculture and Commerce, Tokyo.
There are no international syndicates o erating in Japan whose
operations are known to the public. The Guild of Raw Silk Manufacturers,
 Sellers, and Brokers might be said to have an international
 character, but no information bearing on this feature of its
organization is to be obtained here.
The Homeward Shipping Conference Syndicate, of all shipping
companies doing business in this country, is organized on the plan
of the British shipping conferences.
CHOSEN (KOREA).
. !
Special report of Consul General Ransford S. Miller, Seoul, Chosen (Korea),
November 9, 1915.
There are no important cartels, syndicates, or combinations of
manufacturers native to this country engaged either in export or in
the domestic trade. The chief wealth and industries are mineral,
agricultural, and marine products. The manufacturing industries
are still in a primitive state, the greater part being carried on by
hand and in the homes of the people so engaged. Obviously, the
stage of combinations on any large scale has not yet been reached in
the native industries or export trade of Chosen,
The nearest approach in Chosen to the subject of this special
report would seem to be the various undertakings carried on by
the Government itself. These comprise the following, the estimated
income from each for the fiscal year ending March 31, 1915, being
added for reference:

Description.

Rwy. cuvepimmmenposponpunen wow
2osts, telegraphs, and telephones. .e..veeeeeicnnncacnns..
Teijo (Pyong-yang) coal mine. ...c..ceeueen-cennnenn
.rinting office... -
Waterworks......
Veights and mea—1ree.
Jinseng monopoly. .
Jalt manufacture..
Jpium monopoly. wwe
Lumber undertaking....
Porest Products... ...coceeeesceannecenns
Publication of textbooks and calendars. ...
Hale of State properties..............
Sale of articles made by convicts. .

Imad cssnossnannsetmeenT~

Coal. ccecnncnconns.

Estimate
for fiscal
year
1814-15.

84, 805, 687
1.856, 216
469,159
188, 827
207.043
107,853
832, 609
134,156
64,146
72, 456
33,771
4,235
10.094
08. 929

8, 725, 158