Tokyo, Nov, 15, Participation of American capital in the development of Manchukuo is announced in press reports here which recall that the Japanese Government had strongly appealed to Japanese industrial and financial circles to make every possible effort. in this direction in view of the conflict with China but that Japan was financially not in a position to respond adequately to this appeal now stated that an American syndicate, to which the Standard Oil Ca, General Motors, Ford as well as a number of banks belong, will take part with—Y.1,020,000.000 in à newly-founded holding company to which Japanese industry and finance will subscribe Y1,000.000,000.
It is added that the new company will invest Y4500000000 in the electricity industry. Y.100,000,000 in the iron industry and Y.1,000.- 000,000 in the building up of aeroplane and motor car industries in Manchukuo,—Trans-Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.