The Archive · 1924

INDUSTRIAL PROGRESS

Great Strides Made In Organization of Textile and Flour Milling Field In industry there has been a similar progress, Particularly in the organization of the textile and flour industries has China made rapid strides. The number " of cotton mills. reported 49, representing 1,740,556. spindles and 12,909 looms. Of this number 24 mills were Chinese owned, repre-spindles and 6,140 with five flour mills, Tsinanfu with 10, Shanghai with 23 and the mills scattered in other parts of the country, represent a marked advance in this industry. A. ist of factories throughout the country must include every type of article, from albumen to cement. Electric light and power plan have been erected in interior points, almost entirely with Chinese ca al. A partial list of such plants 8 about 350 different companies. The number of silk filatures throughout the country runs into several bundyed, These investments indiente a confidence that business may be done in the country and are. a challenge to the militarist, in that the merchant and capitalist is creating for China a middle class which is bound eventually to insist upon a protection for their property and lives, to which the payment of taxes entitles them,

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