Rehebilitation loans totalling '¥,80,000,000 will be granted to Japaneée residents in Shanghai and Tsing-the Deposit Board of the Finance Ministry decided yesterday. Advanees will be made to small and middle class merchants and industrialists through financing institutions such as the Yokohama Specie Bank, the Bank of Taiwan, the Bank of Chosen and the Oriental Development Company and through Japanese residents' corporations and consular authorities.
Annual interest on the loans was; axed at 32 per c@nt. but when funds are distributed through financial organs the interest will be 4 per cent. The Government will cover losses.—Domei.
Text read from the printed page and cleaned; old type leaves the occasional error.