'18th May. Tr will be learnt with great satisfaction by the majority of our readers that arrangements have been come to, with the concurrence of the Government, by Messrs. Jardine, Matheson & Ca. and the Chinese Railway Administration, for building and working a railway line from Shanghai to Nankivg vid Soochow and Chivkiang, with probable extensions, and also for the working of the Shanghai-Woosung line. The Hongkong and Shanghai Baukiag Cocorporation is a party to this arrangement, which will doubtless involve a railway loan later on.
hose are the broad facts which it is possible to make known at present, and any farther details which may be made public should be received with considerable caution,
Text read from the printed page and cleaned; old type leaves the occasional error.