Japanese China Inland Japanese Power Firm Shipping Company For All China Tokyo, Mar. 31.
Finishing touches were put to-day by the Ministry of Communications Jona plan for the establishment of '2 ¥.200,000,000 shipping company, to operate in China's coastal and inland waters.
Official announcement will not be made until a, special committee of the" arintry's" Shipping Control [Bureau releases its recommendations.
Capital will be provided by the Nippon Yusen Kaisha, the Osaka Shosen Kaisha and various smaller [shipping firms, while Y.1,090,000 hes [been appropriated from the additional budgetary estimates for the rehabilitation of the Nisshin Kisen Kaisha, six of whose ships were sunk Osaka, Apr. 4.
Changing original plans because of new developments "in North and [Central China, the Japan Electric In. /dustrialiss' Federation to-day dodded establish a powerful company to manage electric power enterprises Originally "an electric company with a capital of ¥.5,000,000 was to Ihave been established in North China, while another power" company' In Central China was to have been created with the organization of the Central China Electric Industrialists' Association, "consisting of twenty [Japanese electric power companies, 'The new concern, to be known as the Chunghua Tienyieh Kungssu, (the China Electric Industry' Company? will control the industry both in Central and Nort China,—Domel, Japan Accepts Panay Damage Estimates European Aid Tokyo, Mar. 27.
Foreign Office officials announced to-day that a Note accepting the Panay incident damage estimates will be sent this week to Mr. Cordell Hull, the United States Secretary of State, The United States recently set the entire Panay incident vat estimate at approximately US.$2,214,007.36.—United Press,
Text read from the printed page and cleaned; old type leaves the occasional error.