Definite steps to be taken in the rehabilitation programme for the Japanese cotton spinning mills in Tin ico were decided upon by the elec tive committee of the Association of Japanese Spinners in China at a meeting yesterday.
The Tsingtao mills were destroyed by Chinese militiamen with a loss estimated at ¥.200,000,000 Rehabilitation funds totalling ¥.90,- £00,000 will be made available for installing 450,000 spindles end 0,000 power looms in_nine renovated Ja-Banese mills in Tsingtao.
The Kanegafuchi Cotton Spinning Company heads the rehabilitation list with 64,000 spindles and 2,100 looms. The association is petitioning the Japanese Government to provide '¥.00,000,000 for the rehabilitation fund, lowest interest rates—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.