The Archive · 1920

CHINESE POLITICS

Japanese Money for Peking Peking, Feb. 19.

Japanese banking tives yesterday evening agreement for a loan of Y.9,000,000, against a six months' treasury bill at 96, secured on the Salt revenue from which it will be repaid in monthly instalments, with the proviso that it be repaid fromthe Emergency Loan from the Consortium if the latter materializes. The British, French and American representatives have not yet received replies from their head offices regarding the proposed advance, and the outlook for the' Consortium Loan is very doubtful.

The Japanese began paying over the proceeds of the loan this morning.—Reuter.

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

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