The Archive · 1939

Foreign Capital Needed

For Development

Tokyo, Nov, 20, 'Regardless of political developments in the immediate future Japan will turn to the capital and Industrial power of America and Great Britain for contributions to the development of China," M. Alfred Massenet, French mining' engineer, declared here' today, Massenet has been a consulting engineer in the Far East for. seven years. "Ho returned recently from a tour throu North Ching and: Mane He brought back 9 conviction that rear coal and gold deposits were Feady for exploitation when sufielent economic preparations had been com=

"There is vold in nearly every province of Manchoukuo and rear wat ities in North China," he said.

ise of the geological age of posits, coal generally ts found nearby.

"There are tremendous veins of coal in Shansi and large folds in parts Domei American Still Held organization of another joint border Jecinmission to settle the frontier issues toctween Manchoukuo and the Soviet Union, The Japanese Government, the Prime Minister revealed, this occasion to seek an amicable xeltlement of the questions me volving the fisheries problem and the North Soghatien ai! concession

Text read from the printed page and cleaned; old type leaves the occasional error.

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