Canton-Hankow Railway to Cotton Industry Run Additional Trains A Japanese offer for ce-operation in the development of cotton yarn Hankow, Apr. 11. industry in Shanghai has been re-The Chinese Government is taking jected by Chinese mill owners, acenergetic steps to increase exports cording to a Chinese news agency from this country in order, first, to offset the adverse trade balance; report, The offer was made to those mills secondly, to obtain foreign exchange which are unable to resume oper to stabilize the present currency tions owing to the removal of. their situation; and, thirdly, to stimulate machinery and other factory equip-the development of industries in the ment by the Japanese. Conditions of interior provinces. the Japanese were reported to in-After conferences between the clude: Ministry of Economic Affairs, the That the Japanese interests receive Ministry of Finance, the Ministry of 151 per cent. of the total business pro-Communications and the National fits, while the Chinese receive the Resources Commission, definite plans remaining 49 per cent; have been formulated to increase China's exports and to facilitate the That the owners of the Chinese transportation of Chinese products mills defray the expenses for repairs from the interior provinces to Canton and the installment of new machinery for shipment abroad. and equipments, while the Japanese The Ministry of Communications, i render technical assistance after the is learned, has instructed the Canton-reopening of the mills.
Hankow Railway to run at least two According to the report, there are trains daily from Hankow to Canton for the transportation of Chinese products for export. These will consist chiefly of wood-oil, antimony, cotton, bristles and camphor.
The Chinese Government hopes to ship £1,500,000 worth of products abroad by this route each month.
The slogan here is: "Industrial development must continue side by side with the war of resistance.
Despite the heavy trafüc on the Canton-Hankow line devoted ito the transportation of war supplies, officials of the railway have received orders that every facility must be given for the transportation of these inland products to the sea coast—
Text read from the printed page and cleaned; old type leaves the occasional error.