Dairen, Oct. 12. tions are in progress. for re-organization of "the South Manchuria Railway Ca. Into a joint Manchoukuo-Japanese concern.
According to plans now being drafted, the projected concern will bbe capitalized at Y.1,000,000,000, of which ¥.400,000,000 will be funded by the South Manchuria Railway Ca, 400,000,000 by Japan, and ¥. 2 000.000 by Manchoukuo, Al the railways now managed or controlled by the SMR, and the Chinese Bastorn Railway will be included in the new enterprise.—Ren Jdustrialists. In Kuangtung taxation is much higher, and shipping facilities are bad.
Hongkong merchants are in favour lof having Chinese customs here as a Jmeans to improve the transit trade Jand tanrsportation trafic. General Li Chung-Jen, member of the South-west Political Council, who is now visiting this Colony, give a hint to. his friends here that such a proposal sure to be opposed by the South-west The master of the City of Cam= and bridge revealed for the frst time that fire broke out aboard the steamer ithe day after she stranded on the greet in typhoon weather.
"AIl hands turned to and fought the jotaze, which was finally extinguished, although it was feared for a time that all aboard would have to abandon the ship and make an attempt to ain the shore through mountainous seas which promised little hope of success. "united Press. yes, he is getting on very nicely!"
Text read from the printed page and cleaned; old type leaves the occasional error.