The Archive · 1898

The Hongkong and Shanghai Bank

LOAN

to the Imperial Chinese Railways has been however a temporary thorn in their flesh, that they are taking every means, to pull out. And failing to prevent the loan (should they fail), the Chinese will be made to pay dearly for their temerity by granting to the Bear control more or less absolute of 'a Jarge slice of their northwestern territory. The Russian Minister objected seriously to the loan. He was told that tie third clause ofthe treaty allowing the occupation of Talienwan and Port Arthur stated, that Russia would make no objection to China borrowing for Railway extension, or for any other purpose, from any source available, and that in accordance with that treaty the present loan had been signed for, and the Chinese Minister to Russia, Histi, lind been instructed to inform the Court to which he was accredited that this Government meant to adhere to the contract. So fir so good.

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

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