Development Companies Due to Start in Juy Tokyo, Mar. 19, Organization of the two somiofficial companies to engage in. the economic development of North China and Central China is expected to be completed about July.
'To hasten their establishment, the Government will appoint foundation committees representative of the Ministries of Foreign Affairs, Finance, War, Navy, Commerce and' Industry, Communteations, Railways, and Over sens Affairs.
Tokyo, Mar. 20.
The Diet to-day received for ap-Proval a supplementary budget '¥.89,200,000, a part of which is eat marked for loans used for the rehabilitation of Japanese industrial enterprises in China. The bill also, Includes provisions for:
1—Establishment of the North [China and the Central China velopment Companies; Establishment of the China Feonomie Affairs Board; '3xCreation of the National Mobitization "Advisory Council:
4—Subsidies for the construction Jot large, fast ners; 5—Opening of military relief consultation offices and establishment of various organs for the protection of wounded soldiers, including a special board—Domei.
Bills covering establishment of the North China Development Company and the Central China Development Company now are under considera tion inthe Diet. Headquarters of the North Ching Development firm, capitalized at ¥2"0,000,000, will in Tokyo, while the ¥.100,000,000 Central China concern wilt have its: main ofice in Shanghai.
Text read from the printed page and cleaned; old type leaves the occasional error.