Tokyo Journal Tells of Ambitious Plan A raportappesting on Jai, 28 the "Industrial Daily News," 9 Japanese Tokyo journal, to the effect, that a new Japanese enterprise to be the Central China Electric Company, was to absorb the Shang-Power Company, was characterized us "absurd" bY an oMelal of the loca) company when interview.
by the "North-china Daily News". -The report, which was summarized in a Reuter despatch from kyo, stated that Japanese power ierasts were organizing {he concern for the purpose of taking over the Chapei Power Company, and also absorbing he Shanghai Bower Come pony.
The report goes on to state that the Japantse concern was to be eapl-{alized at ¥.45,000,000 and, with its head once at Shanghai, would assume the management of all existing power companies in. the cities be= tween Shanghai, Nanking and Hong-chow. It would later merge with the North China Electric Power and Development Company in Tientsin, The "Industrial Daily News" stated that Mr. "Ellehi Okabe, managing director of the Tokyo Bleetric Light Company,, was at present In Shanghai conducting negotiations.
Text read from the printed page and cleaned; old type leaves the occasional error.