The new owners of the Shanghai Maru and the Nagasaki Maru, the Toa Kaiun Kaisya, have not obtained a monopoly on all Japan and North China shipping, as was stated in some circles. The combine was formed with a view to cutting down overhhoad in the various Japanese shipping firms operating vessels in East Asian waters, The new company advanced the capital and then various Japanese shipping companies donated ships to the pool, obtaining in return share in the company. In addition fo the two rapid express liners, the RIK. line ig turning over to the Toa Kaiun Kaisya all local freighters, except those engaged in overseas trade, When this is accomplished, the NAV. Line will deal exclusively in overseas shipping.
Smaller, independent, Japanese companies, however, still continue to operate their ships from Japan_to China and along the China Coast, The new combine will not have a mono poly on this trade but will offer com-Petition to these several independent companies. The new company will also engage in shipping on the Yangtze River and to. Formosa.
The ships are being turned over {to the new company intact, even with the identical crews that sailed the vessels under their old owners. No changes are contemplated In personnel, at such changes are necessitated by ret Labour Trouble Threats of strike which hung over the two shuttle ships recently have Shanghai at 1230 o'clock yesterday hoon by aeroplane for Nanking after fan overnight stay at the Civie Centre. {Both oticers arrived here on the after-Moon of Sept. 29, Gen, Nishis by the s. Nagasaki Maru, Lieut-Gen" Taga by aeroplane. Japanese and Chinese JoMeials were at the Tazang aerodrome fand later at Wayside Whart to wel come the two affeers.. Included among them were Mayor Fu Sloa-en of Shanghai, Col. Sanetaka Kusumoto, sistant director of the Central China Liaison Office of the Japanese Asia, Development Board: Mr. Yoshiskt Miura, Japanese Consul-General; Mfr. Masusauro Amano, president of the Japanese Residents! Corporation; Mr. Wang Ching-chang, Manchoukuo Trade representative, and others Japanese Allegations About Cotton Denied Stianghai, Sept, 28
Japanese allegations that an illegal shipment of cotton had. been. permitted by the French authorities to land on the Quai de Prance, near the foot of Avenue Edward Vit, were vigorously denied last night by the French.
The cotton, which is owned by a Swiss firm, had left the area north of the Yangtze River in barges, accompanied by the proper certificate origin. As this certifieste was Femoved by the Japanese on the way, Ht was stated, the cargo was held up 48 hours in the Whangpoo River pending investigation. ap# then allowed to land
Text read from the printed page and cleaned; old type leaves the occasional error.