In its issue of March 8, the "Asiatic Daily News" of Shanghai makes the following comment on the above loan It is not the first time that the Government has occasion to float a home loan. The credit of the Government has long been universally recognized; but the generosity of the terms and the short period for its redemption form features unique to the six per cent. loan of \the present year.
The amount of this loan is only '820,000,000, but the security given exceeds $30,000,000. Apart from the interest of six per cent., another six per cent. is allowed as discount. In addition to these tempting terms, there is the unusually short pene for its redemption, that is, the loan to be redeemed in not earlier than fifteen months and net later than three years, Thus, sith $9,400 you can purchase bonds of this loan of jthe face value of $10,000; and in three years, you will get a net profit of $2,400, including the interest With such generous terms offered to Ithe capitalist, we are sure of a {hearty response when the loan is floated. Nevertheless. our counts men are notorious for their habit of dependence on foreigners. The amount of their capital deposited in foreign banks must reach hundreds of millions, taking the whole country into consideration. Now, as the present is an opportunity very difficult to meet, may they divest themselves of their preposterous habit once For all and put their money into the national coffer as eagerly as they should!
The "Asiatic Daily News"
ernment Org: "I rans. forty years. With the exception of Manchurié, Tsingtao, Tairen, Port Arthur and other places where
Text read from the printed page and cleaned; old type leaves the occasional error.