A company has been organized by the Japanese for the purpose of collecting scrap iron and steel in oc-Cupied vareas in China and many Chinese have been employed to do the collecting work, states a Chinese report. It is asserted that owing to the shortage of iron and steel at home the Japanese have been collecting the metals in occupied areas and that in order to accelerate their efficiency they have established a company, or an ironworks society.
The former Kiangnan Dock and Engineering Works in Nantao has been transformed into a Japanese shipbuilding yard in which a large quantity of iron has been confiscated and removed together with that which thet Chinese dockyard stored in another place during the Shanghai hostilities.
As this still could not meet the big demand of the Japanese military, a Japanese ironworks company was organized last year solely for the purpose of collecting scrap iron and steel in China. Formerly, the Japanese dumped their scrap iron and steel thus obtained on a piece of vacant ground near the Fish Market in Yangtzepoo but now the place has been changed. A large area has been marked out in Wentsaopang, in Woosung, for the purpose. Japanese transports anchored outside Woosung have been shipping the metal to Japan. This accounts for the fact that during the past few months no more Japanese transports have been seen in Yangtzepoo carrying the valuable cargo on homeward journeys, it is stated.
Text read from the printed page and cleaned; old type leaves the occasional error.