Railway Budget Reduced to Dairen, Oct. 4.
The South Manchurian Railway has announced its decision to embark on programme to assist In the development of north China.
Mr. Kenji Ishimoto, a director of the railway, hasbeen appointed General manager of the Tientsin off leo of the line, and has left for Changchun preparatory to assuming his It ig also announced that the budget for the fiscal year -beginning April 1, 1936, allows only ¥.30,000,000 "Instead of '¥.89,000,000, as requested, It is understood that this is part of the retrenchment programme sponsored by Mr. ¥. Matsuoka, the new president, who supports only vitally important enterprises including the programme for north China, for which the amount to be allowed {in the budget has not been revealed. "Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.