'A rumour was current in Shanghai yesterday evening that the Ten Millions Loan agreement had been signed by the President.
We are credibly informed that there is no truth in this report. Negotiations have been re-opened by the Six Power Group, on the conditions stated in the "'Ostasiatischer Lloyd's" telegram above, This would certainly not be the case, if the other agreement had been signed.
Moreover, there is reason to believe that the £50,000 put at China's disposal was not supplied by the banks forming the London Syndicate.
Text read from the printed page and cleaned; old type leaves the occasional error.