The Archive · 1910

CHINA'S NEW LOAN

"eking, Nov. 8.

I am officially authorized to state, with reference to the loan of G.$50,000,000 from the United States, that in regard to the amount of the loan, its provisions and theconditions upon which it is to be made there is nothing to add to the statement that I telegraphed on October 30.—Our Own Correspondent.

New York, Nov. 5.

Wall Street the financial centre of New York) is in the dark concerning the details of: the Chinese Joan of G.$50,000,000. Mr. Pier-point Morgan, Mr. J. H. Schiff and other financiers are non-committal, of the loan is ton years.—Special but it is not believed that the period Pekieg, Nov. 10.

In connexion with China's new loan of G. $50,000,000, the United Snancial adviser be appointed to States suggest that an American

ensure the proper expenditure of the proceeds of the loan. The Chinese are not in favour of this proposal and therefore it is not settled that the loan will be taken It is understood that a European group of financiers will participate in the loan.—Our Correspondent.

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