Peiping, Sept. 8.
new company to be known as the Communications Company is being planned by the Japanese to take over the management of various Government railways in North China from. the North China office of the South Manchuria Railway, The South Manchuria Railway will hold the controlling interest in the new company, but it is believed that, like the recently organized North [China Telegraph and Telephone Company, it will also admit the participation of Chinese capital in the form of the property of the various Chinese Government railways inthe North.
It is also learned that with the formation of the new company the forth China office of the SMR. and the Hsin Chung Kung Shu, a subsidiary of the SMR, formed two years ago for the development of North China, will be abolished.—
Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.