With its, objective the contro! of the nation's cotton production, Cotton Industry Committee of the National Economic Council, was formally inaugurated on the sixth floor of the Continental Bank Build: ing, 10 Kiukiang Road, at 10 am. on Mond Oteober 16, the presence of Mr.
Soong, the Fiance Minister' and 'a member of the National Economic Council's. standing committee. Among the members of the Committee present at the ceremony were Messrs, K. P. Chen (chairman of the committee), Chang Kai-ngan, Tsuyee Pei, Yung Tsung-ching, Kwok Shun, Tu Vu-sen, Tang Hsinghai, Ho Ping-yen and Tsow Ping wen, Mr. T. V. Soong sai "It behooves me as chairman of the National Economic Council to tay a few words on this auspicious occasion, The Central Government cognizant of the fact that the iven rivalry among the powers to-fairs existing In. the. world. are disturbed state of
Primarily problems. of "economics othe fac tha China wha se to-day is.
me nature. Realising very existence of a country that people are dependent on a rational sources, Central Government development of her economic re-has deemed it necessary to inaurate. the National—Economic council. Tt is the government's intention to devote all its energy to the work of the council and it is hoped that the necessary ce-opera~ tion will be forthcoming from the people in order to achieve the aim of national rehabilitation, "The various commissions to be established under the National Beomomie Council, have the aim, to the control and development of the ive governmental support towards
various industries in the country and the inauguration of the Cotton commission to-day, therefore, is an_event well deserving our cele-
Text read from the printed page and cleaned; old type leaves the occasional error.