Will Also Manage the Ports And Harbours Tokyo, Feb. 6, The Cabinet Planning Board decided to-day on the formation of a North China Development Company to take over the management of six railway systems in North China—the Tientsin-Pukow Peiping-Suiyuan, Peiping-Hanki Puchow and Chengting-T: ways, The total length of lines is 5,660 kilometres.
In accordance with pla mitted Mr. Y. Matsuoka, President of the South Manchuria Railway Company, the new concern will be independent of the North China Industrial Development Corporation, the draft plan for the creation of which has been completed.
With a capital entirely subscribed by Japanese, the new company is expected to be incorporated in April under Japanese law, The "Provisional Government" at ing, declares the Japanese press, has already agreed to hand over the management of railways to the North China Development Company which, in addition, will manage ports, harbours, utilities and motor-bus services in North China and undertake the construction of all new railways in North China.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.