With the establishment of a new administration in North China, Mr. Sago declared, it will become possible to take concrete steps for the development of railways and the power industry in the region.
In developing industries in North China, he declared, full care will be taken not to affect the five-year economic plans now being carried out by Japan. and Manchoukuo, Care will also be taken, according to Mr. Sago, io distinguish between enterprises operated in national interest from private- concerns, Large quantities of raw cotton produced in North China will be exported to Japan in the very near future, now that special godowns and packing plants have been constructed in cotton centres.
Referring to rumours of the withdrawal of foreign interests from the field of coal mining in North China, Mr, Sago said Japan will be glad to ce-operate with foreign investors in exploiting North China's coal resources,
Text read from the printed page and cleaned; old type leaves the occasional error.