The astounding success of the provineial cement plant at Salchuen, 0 Canton suburb, was most encourag-Ing to the authors of the Three Year Plan, By taxing foreign cement to death, and providing that only its own product may be used on public works, the Government has been able to keep high the selling price of its own cement, and it has been raking in the huge' profits with both hands. This Salchuen works is scarcely a model cement factory, designed t encourage private produces to go and do likewise; it is virtually a public monopoly.
Out at Saichuon there is also sulphuric acid factory which the D partment of Reconstruction has hat in operation some months, fifteen tons day is the normal capacity, the rade of the product is high, and @ach ton brings in $240. While the profit what the plant makes is not generally known, it is known to be and success has been such that Two government enterprises which at the moment are taking shape, but concerning which details are locking ft present writing, are a paper mill find a cotton and silke weaving mil. The foundation of the latter has been ald, and by June the first ream of paper will be on sale. Just as in the tate of the paper and cement plants, hose industries "wil not be. mono= poles, but it may be a long timbe {ore private capitalists wil bein a post tion to offer' competition with the government. factories, 1f competition permitted.
The exportation of wolfram ore thas been made a government ronopoly, in the Interest of price control For some reason there has been a minor boom, and from the usual $50 or so a ton there has been a rise {0 around the §00 mark, and here, too, the proffs, i cannot be gain said, are very levee.
Text read from the printed page and cleaned; old type leaves the occasional error.