The Archive · 1935

Purchase of Aeroplanes

Front Con Own Comesronoexe

Canton, April 24, Word as been received form Mr. Lee Fong, who is acting for the Provincial Government here, and who treating with the American Com: pany that is interested in the con-Nempiuted iron and steel mills, "On fall the essential points Mz. Lee Fong has cabled that Arthur G. MeKee Ca, ct Cleveland, Ohio, is in accord with the ideas of the Chinese Govern ment. A few small details have to be worked out, when the final raft of the contract will be prepared for the necessary signatures Last year the Vice-President of this American corporation spent some time in Canton, and gave his expert opinion as to the feasibility of this enterprise. After looking over the mine fields, Mr. William A. Haven opined that the construction of a }280-ton or 500-ton blast furnace was amply justified, there being in right large deposits of high grade iron ore {in Both Eastern and Northern Kuangtung. Pig iron will be produced that will be satisfactory for producing, steel by the Basic open-hearth process and, possibly by the acid Bes-Semer process. Limestone, manganese ore and miscellaneous other Yaw material needed in making iron and steel can be readily secured at reasonable cost from quarries or mines in the Kuangtung districts, "The making of fron and steel in Canton is feasible from a metallurgical standpoint, and the proposed location of the plant in Tung Long favourable to economical' man-Ufacturing and) marketing. When local coking coal can be secured the operation will be quite profitable. Until then the commercial success will greatly depend upon the securing of vod quality coke at reasonably low cost"

It is understood that Arthur G, MeKeo & Ca. will not only supply mast of the equipment and machinery for the Kuangtung Iron and Steel Mill, Dut that it has also undertaken the loising through private bankers In the United States, of $30,000,000 Mex. Part of this capital will be fempicyed in opening and developing mines from which ores required in the manufacturing of iron and steel will be secured.

Various American, English and German firms submitted tenders, ited with the excep. tion of Arthur G, McKee & Ca. and Perrin's (China), Lid, a British. lengincering firm maintaining an fice im Canton. Tt is understood that the security and guarantees demanded bby the latter firm caused it to be at last cropped from further considera.

Sales, Eight of them are to be combat planes, andthe rest pu'sult Slane, ies a, so-called, National, De-once. Administration, there exits Aviation Defence administrations the ver is Tequatte for guarding South western ter story from eral ea lording the Bombardment, possessing extracrdine ary powers in ease of wir Othe large open tract down as the orth Parade Ground in Canton, the Avi tion Defence "Administration is" to hive its headquarters, A block of Dulldings isto Rouse the sta and serve og godowne. for stores and the butteings are to" be made Bombo root, 20 that the. most potent internal machine yet talented may not wreck the cental station of ly dee Wins "what. money that it hag to gare the ADA. ts geting 9 few Tong-range, antcizeralt guns. Pleked men from the military plice are to fake up the gun crews, They are Being given theortieattnstruetion and practical taining in the Yintong Miltary School

Text read from the printed page and cleaned; old type leaves the occasional error.

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