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FEEDING THE HUNGRY.

TRADE REGISTRATION. MORATORIUM OFFOSED. OSAKA, September 7. National attention is focussed on meetings of the emergency Cabinet which are held twice daily. Yesterday it was decided to care for 15,000 wounded 111 army barracks in the nearest city. The C'hi'ba Prefecture is erecting tent barracks for the troops, which are gating biscuit rations, and is supplying 50,000 homeless people with army biscuits. The Governor of Nagano, whence comes 90 per cent of Japan's silk, has telegraphed to the Kobe Chamber of Commerce to establish immediately a silk-inspection bureau. Kobe merchants have created a bureau to keep foreign trade going, and have decided to accept Btorace of cargoes en route and billed for Yokohama. Directors of the Osaka and Kobe fire insurance companies announce that responsibility for damages will not be shouldered in justice to other policy holders. They state that the premiums of Japanese companies are not as high ns those of foreign companies, and it may he decided to repay them. Supplies are now reaching- Tokyo in larcre nuantitips. and the danger of starvation is over. The Chamber of Commerce decided asrainst a moratorium, and is advisins merchants and banks to reach a mutual understand. Cotton operators almost admit that the recovery of the indnstrv is impossible for six months at least, that time heinf required to replace spindles and rebuild factories. One-third of the twisted thread factories arc destroyed.

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https://paperspast.natlib.govt.nz/newspapers/AS19230908.2.54

Bibliographic details

Auckland Star, Volume LIV, Issue 213, 8 September 1923, Page 7

Word Count
234

FEEDING THE HUNGRY. Auckland Star, Volume LIV, Issue 213, 8 September 1923, Page 7

FEEDING THE HUNGRY. Auckland Star, Volume LIV, Issue 213, 8 September 1923, Page 7