1939-03-08 — Page 1

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CHINA

OLDEST NEWSPAPER IN THE FAR EAST.

ESTABLISHED 1846.

No. 80,621

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WEDNESDAY, MARCH 8, 1939 Price: 10 Cts.

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AUSTRALIA'S CHOICEST

BUTTER

JAPANESE MOVE TO

SEIZE

British Bond Holders May Be Vitally Affected

Tokyo, To-day.

RAILWAYS

A final decision has been reached by the all-power- ful official Japanese Asia Development Board for the establishment of a "North China Trans- portation Company," which will control all the important railways and motor-bus routes in North China under Japanese control, reports the "Nichi Nichi Shimbun." The railways in- clude the Tientsin-Pukow Railway and the Pei- ping-Paotow Railway.

MAJOR BATTLES (GOERING TO RESUMED IN CENTRAL CHINA

PAY OFFICIAL

VISIT TO ROME

Rome, To-day. SHANGHAI, TO-DAY.

Field-Marshal Hermann G Goering, THE JAPANESÉ SPOKES- who has for several days past been MAN, COMMENTING ON THE in San Remo where he will spend. PRESENT MAJOR OPERA- several weeks leave, will during this TIONS OF THE JAPANESE time also pay an official visit to TROOPS IN NORTHERN AND Rome. CENTRAL CHINA, DECLARED The "Giornale d'Italia" which an- THAT THE JAPANESE ARE nounced this yesterday, adds that NOW FIGHTING SOME 70 the, stay in Rome will last two or CHINESE. DIVISIONS OR three days. ROUGHLY 300,000 MEN SOUTH The Rome visit will take place OF THE LUNGHAI AND WEST at the end of the month, after OF THE PEIPING-HANKOW which Field-Marshal Goering will RAILWAYS.

go to Sicily and finally to Lybia in

were par direct 'n Hankow paid by Marshal Italo Balbo

The Company will be established under the Chinese After the capture of Anlu the order to return the visit to Berlin

system of incorporation and will be capitalised Japanese forces based

and were

Field-Marshal Gooring's stay in at Y300,000,000 in 6,000,000 shares at Y40 each, advancing in

of Subson Italy, according to the The author investment has, Government, Y30,000,000 in face thereby threatening the right flank ditalia, will last din lomale

weeks. been fixed as: North China Deve-value, and the South Manchuria of the Chinese forces who are said Trans-Ocean. lopment Company (an official Railway Company, Y120,000,000 to be retreating in a northwesterly Japanese corporation), Y150,000,- in face value. 000 in kind; the Provisional

INTERNED SHIPS TO GO TO FERRYVILLE

direction.

- several largescale bombing raids As to cash payments by the Between Haichow and Hsuchow including the Chinese Communist Provisional Government and the seven Chinese divisions are at basis at Ninghsia in Yenan, North- Railway Company, the, Company tempting to check the advancing west China... will call up about 1/5 within the Japanese north of Kiangau. The Some 30 planes attacked the mili- present financial year, which ex-Japanese claim that the Chinese tary academy of Yenan and more pires at the end of March, and lost 6,000 men from February 24 than 20 planes dropped bombs 1/4 during the next financial year. to March 5.

other military establishments and The Japanese airforce was speci- barracks of the Red troops station- ally active on Monday carrying outed at Ninghøia-Trans Ocean.

LUNGHAI LINE

It has not yet been decided, however, whether the Lung-Hai Railway will be placed under the Company's control. At present, PARIS, TO-DAY.: AFTER THE “NEUTRALIZA this railway is under Japanese TION" OF ELEVEN SPANISH military control from Lienyu- REPUBLICAN WARSHIPS IN kuang, eastermost seaport of THE FRENCH NAVAL PORT Kiangsu Province, to Kaifeng, the OF BIZERTA, IN TUNISIA capital of Honan Province.

YESTERDAY MORNING, THE In line with this project, a plan FRENCH NAVAL AUTHORI- for establishing a Central China TIES DECIDED TO TRANSFER Transportation Company will be THE WARSHIPS TO FERRY- drafted by the Asia Development VILLE, A FRENCH NAVAL Board and, when this firm has FORT IN TUNISIA.

been established, it will be placed

The "neutralization” was carried under control of the Central

China Development Company.

out by French naval officers police stationed at Bizertá.

and

According to reports Just receiv ed here from Oran, Algeria, soven more Spanish Republican vessels from the Cartagena naval base with crews of 850 officers and men, and 200. rofugees were interned in Mers el Kebir in Oran Bay,

• The Oran port althorities fused the vessels permission. ter Oran harbour.

The crews of the Interned and the refugees will not be allow ed to leave the ship until the French authorities have decided on a de

commodation for the fugi-

This concerns eventually likely to control the Lung-Hai Railway, the Tientsin-Pukow Railway south of Hsuchow and other railways in Central China.

Reuter

BRITISH FINANCED

The Tientsin-Pukow Railway is financed by British and German capital, loans having been issued between 1908 and 1986. Interest is guaranteed by Customs receipt, and the loans are under the care of the British and Chinese Cór- poration.

The Lunghai Railway is Bel- glan financed.

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