Revealed Nanking, Nov. 7.
Details of the proposed contract between the Ministry of Industry and German interests for the con struction of the Government Iron and Steel Works were disclosed by. Mr. Chen Kung-po, Minister of Industry, in a statement issued yesterday. edit; Chen pointed out thet the rms of the contract have already been agreed upon, formal signature being held up until the question of the site is settled. According to the draft agreement, the German in-rents Are to provide all the neces-machinery and equipment, sub-Ject however to the concurrence of the Ministry regarding prices and types of machines. For' this purpose, the Ministry will appoint experts to investigate the various makes of machinery and equipment and comparative prices at which they are offered by. manufacturers in Germany, Britain, America and ether countries, In view of the scarcity of qualified experts in China, members of the technical stof Of the proposed Works are to be engaged from Germany. "Such technical experts will not however be allowed to participate in the management, which will be vested exclusively in the ands of the Chinese. The proposed Works will therefore be " purely Government enterprise.
'With reference to the site, Mr. 'Chen said-that the ideal site for factory of this kind is of course a ace In the immediate proximity of iron and coal mines. While such places do exist in Manchuria, they cannot however, be found. in' othe provin ron "deposits cal deposits are to be found gen-mostly north of the Yanga, while erally Mr, Chen said that the question ented serious dic while, {fn view of the convenience of com: amiunieation fachities, Pukow appears to be suitable as the proposed site, ie" however too. easily accessible and' is therefore objectionable from the strategical viewpoint. As. for
Ma-an Shan (Saddle Mountain), the ater proposed Sie" alnly involve not an ideal one, asthe elghhouring mountains are not of anuficient' eminence: Mr. "Chen War sending. some experts to inspect Ma-an Shan to see. ite meets his question will be seitied within is mouthy x0 that the contr may be signed carly ext month, Sir chen declared, Continuing, he pointed out that the two principal raw. materials imbich will be required re iron and Coal," In omer to. keep the cost of Production down, it proposed that the Works should. oyernte its own foal and iron mines 40 that it wil Bot have "to depend. upon, other Honrees for raw materials, Accord jing to Investiations ma by the Mfnistey, Ankst is rich both in coal fand iron' deposits. Te has therefore fron decided to. work and. develop a colliery in Lishan Mountain, ud Gram mines at Yinua and Yubua, fs estimated that the total. con posit in the Lishan mines amounts $0" 26 million tons hich will be more than sufficient to. meet. the Reeds of the proposed works. 'The Binva and "Yuhun. iron mines are Iso expected. to yield' a sufiient SALT INSPECTORATE,
Text read from the printed page and cleaned; old type leaves the occasional error.