'Strongly advocated by Gen. Wu 'Te-chen. Kwangtung Provincial Chair~ man, the Provincial Government of Kwangtung has taken a legislative step by which a company is to be formed to develop wolfram mining in the south China' province, says the "South China "Morning Post." Capitalized at $1,000.009, "the com-any will be financed one halt by the Provincial government and one half by overseas Chinese. Should private capitalists show insuflcient interest, the government will make up the dif ference.
Gen. Chang Wei-chang, formerly. Minister to Cuba. who is knows as "China's Lindbergh," will be pri dent of the wolfram exploitation corporation.
The initial capital will be provided by the provincial! government and. with this money, machinery will be Bought. In the meantime, private investors willie approached. The frst mines willie opened in the Chungfa and Yingtak districts.
Text read from the printed page and cleaned; old type leaves the occasional error.