The Archive · 1937

US, Capital In Manchukuo

Tokyo, Nov. 1 Participation of American capital the development of Manchukuo is announced in press, reports here which recall that the Japanese Government had strongly appealed to Japanese industrial and financial tireless to make every possible effort this direction in view of the conflict with China but that Japan was Onanclally not in a position to respond adequately to this appeal is now stated that an American syndicate, to which the Standa Oil Ca.' General Motors, Ford well as a number of banks belong, will take part with ¥.1,020,000.000 in a noyly-founded holding company fo which Japanese industry and finance will subscribe "¥1,000.000,000.

It Is added that the new company will invest ¥.500,000,000 in the electricity industry. ¥.100,000,000 in the iron industry and Y.1,000. 000,000 inthe Building up of aeroplane and motor car industries in Manchukuo—Trans-Ocean,

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

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