Show NEW INDUSTRY FOR JAPAN Ten Millions Appropriated For An Iron and Steel Plant New York March l1A special dispatch dis-patch to the TrIbune from WashIngton 1 says The Japanese government evi dentiy I intends to engage in the iron and steel business on a large scale and I to that end it makIng liberal 3DlJrO priations and generous expenditures to establish a plant Consul General Gowey at Yokohama has forwarded to the state department an article Dub IIshed In the Japan TImes of Jan 21 of which the following Is a synopsis The expenditure for the establishment establish-ment of an Iron foundry In Fu Kuoka prefecture as approved by the Imperial diet amounted to little over 4000000 yen about 2000000 as a starting fund to be met by a portion of the Indemnity and floating loan bonds This starting fund with the approval of the twelfth session of the diet was Increased to 10ono000 yen 5OOOOOO in round numbers num-bers The government has further aDlIed to the current session of the diet for the appropriation of an additional sum of 3600000 yen 1800000 toward the expenditure in question thus making the total amount of the capital for the establishment of the government iron foundry 1002000 yell 0601000 |