They are official organizations, and are to work under the new Ko-A-In, or Asia Development Board (sometimes alluded to as the China Affair Board) now being organized in Tokyo with Gen. Yanagawa as chief and Mr. Hidaka (until recently consul-general in Shanghai) as head of the economic clivis 1 is intended that all Japanese enterprises in China shall be under the immediate control of these two] its planned activities are listed as follow: tions Ca., capitalized at_Y. 15,000,000, "The first. and most Important. sub: sidiary to be set up Is the "North JChina' Tramic Ca. whose establish ment Is projected." IL is to be respon sible for the unification of the trac {facilities in Manchoukuo and North {China, and is to be registered -as try. [Chinese with a capital of ¥. 300,000. 00." Or this, "¥. 150,000,000 is to be Invested by the North China Develop-Jment Company, and ¥. 150,000,000 by the "Provisional Government" of North China. The president is to be Mr. Kanji Usami, now director of the [South Manchuria'Railway Company.
Text read from the printed page and cleaned; old type leaves the occasional error.