The Archive · 1899

Russians as Property Owners

There are a few Russians, also a British broker, who some little time back started with the intention of buying every bit of British-owned property, but this resulted in a few more purchases which rather upset their ideas. 1n fact some of these brokers had the intention of buying out Messrs. Butterfield and Swire's property, and also lots owned by Mesars. Bush Brothers, but when the latter firm informed the native broker that the price for their propert was Tis, 600,000, the reply was: thought land was cheap." It will take years before Talienwan will be of use, for we all know it takes time to build up a place, and the Chinese have no wish to ick up their traps and walk. Our Russian lends will not abandon the Settlement, and when there were enquiries from the Russian

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

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