The Archive · 1938

Afford Huge Sums

Osaka, Feb. 21.

Definite steps to be taken in th rehabilitation programme for the Ji panese cotton spinning mills in n tao were decided upon by the execu tive committee of the Association of Japanese Spinners in China at meeting yesterday.

The Tsingtao mills were destroy by Chinese militiamen with a lo estimated at Y.200,000,000 Rehabilitation funds totalling Y.90; 000,00 will be made available installing 450,000 spindles and power looms in nine renovated Panese mills in Tsingtao.

The Kanegafuchi Cotton Spinnin Company heads the rehabilitation with 64,000 spindles and 2,100 looms, The association is petitioning th Japanese Government to pro ¥.90,000,000 for the rehabilitation fi at lowest interest rates.—Domei.

Text read from the printed page and cleaned; old type leaves the occasional error.

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