Hunan Votes Funds for Plant Outside Changsha Nanking, Aug. 8.
In accordance with a recommenda tion by Mr. Vu Chi-chuan, director, Jof the reconstruction Bureau of the Hunan Provincial Government, Hunan Jauthorities have decided io ap-[propriate $200,000 for the establishment of an alcohol factory near Changsha.
Tt is estimated that China imports annually 5,000.000 gallons of alcohol, Jeosting the nation about $10,000,000. JAlcohol can be used in connection with solentine research, medicine, paint. cosmetics, artifeial ivory, artificial silk, explosives and other purposes. Dr. Ho Hsieh-kuan was recently requested by the Hunan Provineial Government to make detailed Investigations at Nanking, Shanghai, Canton and Kwangsi with a view to making plans for the establishment of an alcohol factory in Hunan.
According to the final plans ai proved by the Hunan provincial Government, the factory will be built Outside the south gate of Changsha. Of the $300,000 appropriated by the provincial government. $40,000 will be spent for construction work, $130,000 for the purchase of machinery, and about $120,000 for miscellaneous expenses. It is estimated that the factory will produce daily 1.000 gallons of 95 to 97 per cent. alcohol. The annual output of the factory at 31 per gallon will net. therefore, $246,- 000. The total expenses will be about '$250,000 a year. It Is estimated that the factory will have an annual net Profit of about $100,000—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.