Shanghai, Oct, 15.
To facilitate development in Kuangtung, arrangements have been, made with local bankers for a loan to be secured on $3,000,000 of the $5,000,- 000 Construction Bonds to be issued by the Provincial Government, ae-cording to Mr. Feng Jui, a delegate of the Government, who arrived from Cantons recently. The bonds, which will be redeemed in five years, are secured on the income of the Shih Ming factory, a povineial enterprise, which turns "out native products valued at $300,000 monthly.
'Mr. Feng called on Dr. H. H. Kung, Minister of Finance, yesterday, giving 8 detailed report' on the. three-year construction plan of Kuangtung. Mr, Feng is to return to Canton to-day by a CNAG. plane.
Text read from the printed page and cleaned; old type leaves the occasional error.