Formation of Huge Financing Syndicate Urged Osaka, Aug. 25, Japanese industrialists should invest much more capital in. North China than they "are doing to-day Is the opinion of Mr. "Kazue Kuwajina, director of the Bureau of East Asia lie Affairs of the Foreign Ofiee, "It is not sufficient to establish new cot-on mills," "he said, "For instance, they should form' a huge financing syndicate, or carry out some other Mr. Kuwajima denied that the formation of a company for the development of cation cultivation in North China was being contemplated. "Japan now is confronted with. tne task of developing North China economically," he said. "The means used are immaterial, "We can Invest singly, or jointly with the Chinese, Dut the essential thing is to secure a [source of raw material for Japan's industries. "It is unnecessary for me fo emphasize the need of developing North China's cotton crop to provide source of raw material for" the mills of Japan and Chin:
Fortunately, we find China is 1ook-Jing hopefully' upon the development fof cotton cultivation as a means of reflecting national "salvation. I beeve a consistent effort should be Jmade to bring this sentiment to fruition, We are not out to exploit China, but to help her farmers, and, Jsimulfaneously, help ourselves Jacquiring a source of raw material."
Text read from the printed page and cleaned; old type leaves the occasional error.