Tokyo, May 30.
Japanese Government is planning vast schemes to ensure Japanese control of most of China's industries. The semi. official North China Development Company, capitalized at ¥.350,. 00,000, and the Central China Development Promotion Company, capitalized at ¥.100,000,000, which will control communications, electric-power, mining, salt and other major enterprises in their respective areas, are being rapidly organized under the control of the Cabinet and the direction of Baron Goh, leading industrial magnate, and Mr. Scibin Ikeda, the new Minister of Finance.
'Chinese flour-milling, cement, cotton-mill and chemical' plants in the Japanese occupied areas have been taken over by various Japanese in-Japan Prepared to ferests, while the wool-industry in North' China is now a Japanese Meet Raiders monopoly.
Sponsored by the Japanese Ministry Tokyo, May 28. of Industry, plans are afoot to set Japan is fully prepared to meet up in Central China a Japanese Chinese air raids, Rear-Admiral monopoly of the sill-reeling industry Kiyoshi Noda. spokesman for the and silk-export trade, China's staple Navy, told foreign press correspond-sport, Competition with the Japaents today. nese product will not be permitted, "I have no idea", he said, "why it being planned that "Hereatter, the Chinese planes which ' raided taking into consideration actual. sik southern Kyushu on May 20 dropped conditions in Japan, the. syndicate handbills instead of bombs, will adopt appropriate measures to believe, however, that the raid readjust silke prices in the two coun-{in the nature of a test Aight by tries in close ce-operation with Japa Chinese aeroplanes capable of flying nese sik, Industrials, Por this pur; to Kyushu without a load of bombs", Rear-Admiral Noda pointed oni pose, fixing of export amounts an Uivision of export elds between ther that "practically nobody" saw the will be undertaken. "Sericulture in Central China will be left to Chinese principle, but the reeling will be Chinese Planes Again Jef solely to the syndicate."
(China Shipping Monopoly Over Japan Plans for the establishment of a national policy steamship company for China are being studied by the Japanese authorities in Shanghai and the Ministry of Communications. i Tokyo, according to the "Nicht Nichi."
The plan involves the operation of services between Japan and China, China coastwise services, _inland water services, Shanghai tug and Ughter business and warehousing, is being debated whether separate companies should be established for the:
businesses under control of a Tokyo, May 30.
The War Department announced today that two Chinese Nationalist planes flew over Amakusa Island, west of Kayushu, headed for Kum: more, which was the scene of the recent scattering of handbills by Chinese planes. The planes arrived over the suburbs of that city at 1030 pm-United Press.
Japanese national corporation or all of them after a Japan want the plans to be realized as Quickly as possible, Establishment in July seems probable that a river navigation steamship company will established in July. This company may be styled the Shanghai Inland! Water Steamship Company It, and operated jointly by Japan and Chins The Kiangsu-Chekiang Steamship Company, subsidiary of the Nisshin Steamship Company, will be the nucleus of the proposed company.
The Kiangsu-Chekiang Steamship Company hag 22 small. steamers of fs own and 140 taken over from Chinese, It Is now operating in Shanghha}, but ils activity will be extended inland.
view of the military situation, the Japanese authorities are planning! to place all Junks in and about Shang-hal under one guild, About 50,000 junks on the Whangpoo River will be aced under complete control by the Japanese authorities, As the first stop, a guild controlling, 3,000 junks operating mostly on the} Soochow Creek, Shanghai, will be established shortly. Establishment Shanghai tug and lighter Company also plonned—Reuter, planes, "which visited southern Kyushu just before dawn and parently followed a course along the sparsely populated mountainous. dis-{rlet, avoiding towns and ites, and maintaining a high altitude:
The raid, he declared, necessitates changes In the present air defence Programme in this country—Domel, Military Position "Tokyo, May 24.
'The siege of Lanfeng' is a. signal for the commencement of Japan's push towards Hankow, a foreign military expert here told Domei today.
The main interest. he said, now attaches to the geographical position of the spot where the Chinese troops, defeated at Hsuchow, will be able to rally and organize resistance to the Japanese columns marching towards the Three Cities.
If the Chinese forces succeed in escaping from the Japanese net with-ut excessive losses, they will, in the opinion of the expert. be able to [put up stiff resistance, The swiftness of the Japanese encircling movement compelled the Chinese to leave behind an enormous quantity of rolling stock, including ut 1,600 railway carriages, arms and ammunition, he went on.
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