Moscow, Feb. 3. Construction has been started on a railway running from Ulanude, the capital of Buriat-Mongol, in Siberia, to Kiakhta, close to the frontier of Outer Mongolia. It will be 200 miles long and is expected to be completed this year. It Kiakhta in 1915 ti gued between China, and Outer Mongolia for a settlement of boundaries.—Reuter. of the North China Industrial Development Corporation has been completed. Its capitalization has been fixed at Y.300,000,000 to Y.400.000,000.
Chinese participation is not permitted, but the subsidiary c panies, which will monopolize activities, will be financed with both Chinese and Japanese capital, As a result of strong pressure, it has been arranged for the South manchuria Railway to supply the 1 and technical direction of the orth China railway system,—Reuter
Text read from the printed page and cleaned; old type leaves the occasional error.