The Home Office is discussing "motorcar roads" throughout the country.
he plan submitted by the Home Mi istry to the conference, which was attended by the directors of the Civil Engineering Bureaux in all the prefectures, is said to be as follows: about 2,000 n (two and a half miles) of local roads to be mended, or enlarged, or otherwise improved to. make them fit for motorcar traffic, in the next 10 years at the estimated cost of Y-100,000,- 00, of which the State will' subsidize one-third, i., 58 million yen, the balance being borne by the respective prefectures.
Manchuria Railway The "Japan, Chronicle" says that the Manchurian Railway Company has re-organized its electric depart. ment into an independent unit under the style of South-Manchurian Electric Company, Li., the auth orization having been granted by the Tokyo Government. The new company will be capitalized at 25 million yen, with 22 million yen paid up. The shares in the capital will be subscribed for by the railway company and employees, alone. The company will buy the whole plant from the railway company at BL million yen, leaving a million for running expenses, and generate total power of 82,480 kilowatts, which will be increased with the establishment of a power station of Lenshankuan. 'The company hopes to be able to distribute seven per cent, in dividend for the first year of existence and raise the percent-to 10 in five years' time. 'The business will be fully launched on June 1 when 8 promoters' meeting will be called by the committee of seven.
Text read from the printed page and cleaned; old type leaves the occasional error.
