It is reported that the Tantei recently communicated with the Chamber of Commerce on the cubi-of of Public Loan Boods, the issue whereof be prefers to withhold until property for mortgage has been presented at his yameo and valued by hi The Committer of the Chamber has replied generally pointing out that th" issue of thexe Bande was originally propered for the benefit of (hinese creditors of the (hing Yo Chao Keng and Chien Ya Banks. was wabse discus-sed and considered by aod foreign merchants at the Borean of Foreiga Aff when it war decided that the issue should be upon ordinary mortgage and that the Con-Body shoald be requested to ask the various forei banks to accept the bonds for 1 payments, while the native banks should be iostrocted to do Li wise, s0 that " general ato of thes papers may ensue and at the same tim~ fa large sum may accrue from interest for the benefit of certain ered store or sufferers in connexion with the of the native banks in question The scheme has already received the approval of the High Provincial anthorities. The Committee finally adele that it was about to reply to the Tao-namber of baokassembled at the Chamingniries as to the issue of the Bonds, and they have remarked that if Bona fide property to the value of over two million tacle must be presented for valuation at the Taotai's ysméo, there will be no hope of receiving the bonds: at an carly date and, if so, mach diffi calty will follow as Chinn New Year drawing pear. On their behalf the Commites requests the Taotai not to issue the honda en bloc where property of entire value has been obtained, but in portions on the presentation of property as security, from time to time, etc., a8 some relief of the bardships under which they are labouring.
Text read from the printed page and cleaned; old type leaves the occasional error.