Kuangtung Seeking to Build Up Trade Again Canton, Sept, 14.
"One of the major objects of the new administration will be to promote friendly business" relations wilh the United States," Mr, Huang Mou-sung, newly-appointed chairman of the Provincial Government of Xwangtung, told the United Press to-day "The government will exert every effort to ce-operate with the people of Kwangtung in business and construction" the chairman said, "but we shall also launch a drive to rehabilitate the foreign trade for which this province has always been noted. 'As our export and import trade with the United States isan important factor in the general picture, the government is particularly eager to' establish the friendliest relations possible with America."
Plans for the nationalization of all the mineral resources of the province: fre rapidly progressing, Mr. Huang. remarked. "Although government monopolies are to be established at first in connection with the principal mining products—wolfram, antimony, coal and iron—and later with the less important products, the policy of accepting foreign Investments in these ventures will be continued, pointed out, Kwangtung Is one of the most vantageous areas in the world for silk production, with in many casex fag many as Seven crops a year. During recent years, however, tie export trade has fallen off conoider ably us illustrated by the fact that during the last two weeks of August, only one bale of raw silk was sani to the United States from the province, Observers believe that the reason for the drop in the export of silk iz the obsolete type of flaturrs used "here. The Central and the Provincial Governments are making, Joint effort to improve silk production and expect a decided imbrevement in the figures by next year, Mr. Tuang asserted.
For the past three years the 'Kwangtung Government has held a monopoly in the production and sale of beth native and imported sugar. 'As an "infant Industry," sugar manufacturing was aided' by a high national protective tariff, Among the several diMleulties this arrangement encountered has been the fact that the price was somewhat higher than many consumers have been able to pay. This matter Is now under consideration, Mr, Huang affirmed, but a oeision as to the future existence of the monopoly has not yet. been reached.
Tu general, Mr, Huang foresaw an era of growing' prosperity in the province and reiterated his desire for the r-ost amicable relations with the "lan of the clipper ships:"—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.