Word: kaisha
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Also out for business, and willing to cut first-class rates to get it, were three Pacific steamship lines, American President, Canadian Pacific and Nippon Yusen Kaisha. Their bid: a round trip from San Francisco to the Orient during April and May for the unprecedented price of a one-way ticket -i.e., $350 to Yokohama...
...Maru means circle, is traditionally suffixed to the names of Japanese merchant ships for .good luck. Only Japanese merchant line in scheduled transatlantic commerce is the round-the-world Osaka Shosen Kabushiki Kaisha, which at the time of the Pioneer's, plight had no ship in her vicinity. Best guess was that the offender was one of innumerable tramps that make Japan the world's third largest shipping nation...
...days later it was briefly announced from Los Angeles that fares on Dollar, American Mail, Canadian Pacific and Nippon Yusen Kaisha lines had been upped approximately 7%. Another 3% will be added later. Lowest Dollar Line round-the-world tours will now cost $915 instead of $888; first-class minimum San Francisco-to-Manila $460 instead of $430. With a record season since 1929 just completed, Atlantic fares are also due to move upward...
Shipping, Meanwhile the trade routes of the world were being altered. Canadian Pacific, Dollar and Nippon Yusen Kaisha Lines dropped Shanghai from their schedules. Passenger traffic to China had ceased almost entirely, although traffic to Japan suffered little. Marine underwriters discontinued (or raised to prohibitive heights) war risk insurance on all cargoes to be unloaded at Chinese ports. This promptly affected exports, for banks generally refused to advance credit on uninsured shipments. New York seamen contributed to the trouble by agitating for war risk pay when serving on ships in "endangered waters." The Dollar Line had one consolation: fat fees...
Respected Mr. Hayashi is president of the highly profitable and progressive Tokyowan Kisen Kaisha (Tokyo Bay Steamship Co.) which is proudly building the world's first airflow liner. This streamlined Diesel beauty will speed tourists and prospective suicides from Tokyo 59 miles to the Island of Oshima in 3½ hours. President Hayashi has provided all sorts of conveniences to get passengers from the landing dock up sulphur-belching Mihara-yama (Mount Mihara) to popular Suicide Point on the crater's brim. One may even ride a camel, one of the first three ever imported into Japan...