The Archive · 1938

Mining Company

Chinese Establish Coal — Resources in Szechuen to — Be Developed

Chungking, Dec. 22.

The Chinese Government, according Chinese reports received here toy, has established'a national coal mining company with Mr. Oong Wenhzo, Minister of Economic Affairs, as president, and Mr. Lu Tso-fu, Vice-Minister of Communications, as vice-president The company, add the reports, will develop four coal mines at Pingshan and Weiyuan, in south Szechuen province, and at Chaochua and Weiyuan, in south Szechuen province, respectively.

The capital of the company, the reports declare, will, for the most part, be supplied by the Government but shares will also be available to the public.—Reuter

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

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