Ogden Standard-Examiner | 1920-11-11 | Page 1 | Japanese Plan for Petroleum Monopoly

JAPANESE PLAN FOR PETROLEUM MONOPOLY WASHINGTON, Nov. 11, Monopoly Monop-oly of petroleum production In Japan and its possessions Is planned ly the Japai a s, K'ovi-riiiiieut, uccordktig to advices to the department of com- merce today from Tokio. Action will, be deferred, however, until parliament meets In January, the advices added, ;but governmental control of the oil. fields is planned to insure the Japanese Japa-nese navy an adequate supply. Oil I production Is steadily declining In Ja-jpan, Ja-jpan, the department Was Informed, because of the dlfllculty of Importing i well boring machinery since the war. Between 181 0 and iU 1 'J oil production ; foil off approximately 80,000,000 gal- llous, the advices stated' I