There are no steamers which give service exclusively between Swatov and Canton,.and it was down in the: first Three Year Plan that the Government and merchants should lola to establish such w transportation corporation. Next year, under the} Second Three Year Plan the nebulous dea will be carried out.
'Capitalization will stand at $2,000,- 000 in shares of $50 each. Only $200, 000 in shares is to be held by the Government, to be put up at the outset for' organization expenses. When merchants or others have put a six steamers will, De connecting Canton and Swatow, two vessels will go to Hoihow, and two
the Jast $800,000 has been provided will be chartered, but when to Pakhoi. All the six
for, four more will be obtained, and this time by purchase. After that only two chartered ships will be retained.
Text read from the printed page and cleaned; old type leaves the occasional error.