The Archive · 1932

Ow Bank Planned by Government

Inauguration Expected to Take Place Next Year Nanking, Aug. 5.

Tt iv learnt at the Ministry of Industy that inauguration of the Reconstruction Bank of China will take place on New Year's Day, 1933.

Capitalized at $10,000,000 the bank will be a joint government and Imereantile" enterprise with the Ministry of Industry subscribing per cent, of the capital, Tt is under stood that Overseas Chinese residing in America will ce-operate in takin ap the balance of $6,000,000, Tate National Salvation Federation lof Various: Bodies held a mooting in Nantao on Friday evening when it was decided to insert a notice in the [Chinese "newspapers. urging all (Chinese merchants to keep. a watch fon their fallow traders. in order activities for merchants" and to. distribute "handbills urging local citizens to use only national ducts. In this" connection, (Coal, Merchants Association' hay decided to invert, a notice press urging Chinese merchants to, promote national industry and to fil in a form expressing their willingness to assist in promoting the sale of national products, passports and visas so as to enable, them to leave Mauch Only 20 members of the old staff fare now working under the new Nanking, A\

It is learned at, the Mini Communfeations that the Us Sinkiang air mail service will inaugurated next month in order to. eliiainate the inconvenience the transmission of European mails jeqused by suspension of postal ser-viees in Manchuria, 'A. trial flight will be made August 10 when the newly pur-by Corporation wil based Junkers plane of the Eurasia Thop off from Pee ki Tacheng, on the following the: the new. ribe tranatitted to for

ana from thence' to Kuo lias

Text read from the printed page and cleaned; old type leaves the occasional error.

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