The Archive · 1940

Japan Subsidies For Coal

Measures to Meet Shortage Deviséd by Diet; Large — Suing to Be Spelit

Tokyo, Mar. 4.

Poli¢iés covering the production of coal and securing a supply of charcoal adequate to meet the needs of consuming centres were outlined at an extraordinary meeting of the Japanese Cabinet yesterday.

Mr. Ginjiro Fujiwara, Minister of Commerce and Industry, submitted a plan for increasing the production of coal. To put the plan into effect, he said, would cost Y.83,600,000. Of this amount, ¥.22,000,000 would be used as a subsidy to encourage coal production; Y.44,800,000 for subsidizing a joint coal marketing company; and Y.16,800,000 as a subsidy for the opening of new coal mines and pits.

Mr. Fujiwara also submitted a proposed bill calling for the establishment of a joint coal sales company. All cabinet members gave their approval of the measure.

This bill together with the production increase bill will be submitted to the Diet as soon as possible.

He also reported that a company capitalized at Y.10000000 would be established to control the sales and distribution of charcoal, which will be üsed as a substitute for gasoline.—Domei Siükiüg of Japanese Destroyer Denied Tokyo, Mar. 4 Chinese claims, as reported in a press message from Hongkong, that a Japanese destroyer struck a mine and sank at the confluence of the Yangtze River and Poyang Lake were categorically denied today by the Japanese Navy Office. The report also said that the Chinese claimed that more than 100 Japanese were killed. The Navy Office termed the claims as another piece of usual Chinese propaganda—Domei.

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

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