The directors of the Manchou-Xkuoan Company for the Development of Heavy Índustry will meet in Hsinking in the near future to discuss the question of increasing ihe company's capital to Y.1,000.000.- 000. Machinery and mechanical apphanoes will be imported from abroad, end foreign capital. it stated, will be given the opportunity of partaking in this development scheme. "Of course," says Mr, L
Some weeks since, most of the Chinese soldiers along the Grand Canal between the Yangtze River and Sutsien withdrew toward the northwest, many of them went to Hsuchowfu. Thousands of them passed Sutsien in a few days, and other thousands went across country southwest of this city. For a week or more, there was no movement of troops on the Grand Canal Then soldiers began passing here again. going southeast, down the canal toward Shaopeh, where the Japanese have maintained a small outpost This movement may be the beginning of renewed activity along the Grand Canal, after six weeks of quiet Of course business conditions here are very u tis factory There is a shortage of all goods which are not produced locally There no is kerosene on sale now, and there are almost no candles. Soon there will be no soda. Matches are scarce and expensive, but all the older people know how to use flint and steel Grain, peanuts and cotton, of which there is a local surplus. cannot be shipped out; so the prices are low. causing distress among the farmers All in all, the present prospect is perhaps the darkest in the memory of living men. As for the masses of the farming population, there is nothing that they can do except to hold on as best they can, and hope and pray for a better day
Text read from the printed page and cleaned; old type leaves the occasional error.