Your correspondent has seen the contract bearing the seal'of the Tsungli Yamen and can affirm beyond doubt that the result of the workings of this plan to a completion will be vastly beneficial to the Empire and certainly profitable to the syndicate. As more than six-tenths of the capital of this syndicate is represented by English firms of prominence, and the engineers and staff generally to consist of Englishmen and Americans, it is certain that ability and energy will combine to make Shansi a great mining and' manufacturing centre. "The 'Kobe Chronicle of some time in October last had a long article by " Russian traveller describing the wonderful mineral wealth of Southern and Central Shansi and urging that this should' be developed under foreign auspices. It seems that the Chinese have at last been brought to realise this and have entrusted the matter to Chevalier Luzatti's syndicate.
Text read from the printed page and cleaned; old type leaves the occasional error.