7. Erection of a coal liquefaction plant, accompanied by the extraction of petroleum from pools at Yenchang, in Shensi, and Pahsien and Tahslen, in Szechuen, to produce 25,000,000 gallons a year, constituting about half of China's needs.
8. Establishment of a plant to manufacture 50,000 tons of ammonium sulphate annually as well as sulphuric acid and nitric acid for arsenals.
9. Erection of machine works, including those for manufacturing plane motors, generátors and working tools.
10. Erection of plants to manufacture enough electrical wires and tubes, telephone sets and other elec-d trical appliances for domestic pur" poses, The programme cost $230,000,000.
The Chinese Government in 1936 appropriated $10,000,000 for the purpose, but the fund was later raised to $36,600,000 by March 1939, including $8,400,000 of profits resulting from Government control over sales of tungsten and antimony in foreign markets.
Substantial amounts of foreign capital, Mr. Chien Ching-chao declared, were actually secured in the first year to finance a large portion of the programme.
Everything, he added, went according to schedule in the first year, with the only exception of delay in the erection of steel works at Hsiangtan, the cessation of preparation for an aeroplane motor factory, and postponement in setting up a coal liquefaction plant, a nitrogen factory and the exploitation of lead and zinc deposits in Kweihsien.
Text read from the printed page and cleaned; old type leaves the occasional error.