Tokyo, Dec. 20, y and discussion spread over many weeks, the North China Measures Committee consisting of officials of the Planning Board (most powerful administrative organ in Japan) the Army and Nai Finance and Foreign ministries and the Manchurian Affairs Bureau, have adopted the fundamental principles which will govern economic development in North Chi i that area has come under control, The plan will probal extended to Central China if o tunity offers.
The Committee recommends that ihe Japanese Government shall set up a powerful corporation to control all [undertakings for the development of essential industries in North Chima.
Most interesting as well as important is that, under the basic principles decided by the North China Measures Committee, neither the South Manchuria R: Company nor the China Development Compa! a Japanese organization, wil! be allowed to extend their business activity 10 North China.
This decision is quite contrary to earlier expectations entertained certain powerful Japanese interes but the committee is reported to be of the view that the political circumtances in North China are entirely different from those in Manchoukuo, and therefore that the two companies, which are primarily interested in Manchuria, should not take an portant part in North China deve! ment work
Text read from the printed page and cleaned; old type leaves the occasional error.