As for the situation in Manchu li hoped in Tokio that the lull there will be broken ere long, inasmuch as itis desirable to put the aff.irs at the front on the most favourable conditions ossibl> before the zeal negotiations begin.
The New Loan.
An extraordinary Imperial Ordinance was issued on Saturday amhorising the flotation of a new foreign loan amounting to 300 million yon, "The terms of the new Joan are the same as those of the last third loan, except denomination and underwriters." The underwriters now include German banks—cight at Berlin, two at Hamburg, one each at Kéln, Frankfurt, and Manich—besides Parr's Bank, and H. & S. Bank, the Yokohama Specie Bank, London, and Kuhn, Loeb &Co., New York. The participation of the German banks in the new loan this time is considered significant, especially as it shows more friendly inclination toward Japan of the German Emperor ud nation.
Text read from the printed page and cleaned; old type leaves the occasional error.