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Show NORTH CHINA TO GO TO RAISING COTTOr I Ppo-'h-.l Cahie to Th.o T,nbi;n'- j PRK'TN. rf" 7 An no i jit om out that tho 'hinono povornmopt has rai fi'dpatod In tho organization of th llnahdn Spin-1 Spin-1 itinjf A V.'oavinc company, whtcii in to hao h monopoiv of t!io cotton InduMry ' in Shanluns. Ilooan and "hlbll pfovltieos I of nort h China, has rrmnnl mur a rorn-j rorn-j mont in rhlna, as wo 11 ss in .Tapan. Cliow 1 Hsueh-h!, tiie miniptor of flnatvo. was I the or! final movr in tho F-honio. and I his brother, rbow H?uoh-lman, iins bo en ! appottitoij (11 root or ponorni (f tho now j company, rubor pvomiii'nt and wc-althy offfcials and merchants are co-opor tint; with the srovornmont. and will rai?e 6f-por 6f-por ooiit of the proposed oanitn 1 of ton million dollars Mexican, or about four mll-j mll-j lion dolla rs gold. The monopoly granted to the company I In the throe provincoH named is to mn-I mn-I tjriuo for thirty years. Dispatches from i Japan announce that fluh a monopoly, is re carded by many .la pa nse huslnos men as an Infrlncemont upon the rights of foreigners to eneace in trade and tn-dustrv tn-dustrv in China. There had been no cotton mill of any sort In the three norfhorn provinces covered cov-ered bv the monopoly, and an Snvesiia-tion Snvesiia-tion of conditions made by the minister of finance convinced him t ha 1 cot Ion can be ma mi fa -tn red profitably in north China. |