The Archive · 1938

Aircraft Nationalization

Tokyo, Mar. 10.

A bill for the state control of the aircraft industry was introduced in the Diet yesterday by the Government.

The measure. which would place the industry under a license system, includes the following provisions:

1, Business corporations engaged in aircraft manufacturing must be managed by, Japanese nationals; 2." Stendardization of aircraft and Exemption of aircraft manufacturing companies from income and business Yikes for five years; tools, machinery ud materials imported Exemption from import duties on by, agidies for manufacturing airroraft. companies; craft" motors propellers of new or tyres; 6. Privileges to aircraft manufacturdohola Me amount of paid up capital panies of floating debentures

Domei.

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

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