Then there ly salt from the sal pans at Tongku (the so-called Changly Salt district) and now from Haichow which has recently been occupied by Japanese forces. The greater part of ins salt_is being shipped to Japan at practically nominal prices, "whereas formerly, when the salt folds belong-to China, Japan had to make very heavy payment in exchange for the sat she. took.
'A certain amount of iron is being obtained from the Lungyen mines ear Suanhuafu, on the Peipings algan Railway. Some of the ore ix being shipped direct to Japan, but large part of it is, being smelted at the Lunuyen, Tron Works, lying west "these works built in the twenties, but never taken over by the Army and at once put in "working onder.
Wool, hides and other products of Mongolia, on which the Japanese have proclaimed monopoly, can also bbe counted as a direct or sellers are forced to dispose of th Dproduets at prices axed by the Japa 86, which are well below the of Gry' market prices, The seater part OF these products from Mongolia are purchased by the Army direct, for Their own requirements. then there are the north China which have over and fun by the S.MLR. however, searcely constitutes a pure gain, for the smple reason that all Faved and freight: are paid for in Federal Reserve Bank notes. Ne theless they' give enormous number of Japanese, ma whom have displaced the former Chinese employees
Text read from the printed page and cleaned; old type leaves the occasional error.