Promotion of the Industry Also Planned A. syndicate of $1,000,000 for the promotion of the fisheries industry as inaugurated at a meeting held at the Sin Hun Bank building, Klangst Road. on March 1. Mr. Y.T, Tour, Vice-Minister of Industry, present ed Mr, Wu Ting-chang, the Minister, Dr. ¥. M. Chien, who presided, said '8200,000'of the syndicate's capital wax fiven by the Ministry of Industry, white. the remaining "$800,000. were Subscribed by banks. He found it a dimeult task people to extend loans {o fishermen, "In order to overcome this, he. said, experts had. been sent to various districts for the promotion fishermen's. ce-operative societies hich would receive loans from the vindicate, 'Mr, Cheng Mou-hou of the Bank of China, Mr. 'Tsao Chih-lu of the Bank of Communications, and Me. Wang Tse-hsien of the Sin' Huta Banke were. lected members of the Standing Committee of the new ation,
Text read from the printed page and cleaned; old type leaves the occasional error.