Peking, Sept. 9.
A sensation has been caused in financial circles by the receipt of information that a loan of £10,000,- 000 is being arranged in London through the agency of the Chinese It is reported that the preliminary agreement been signed and that the negotiations are nearing completion.
The international group of bankers, who were recently approached informally by the Finance Department with a view to the resumption the loan negotiations, are indi, and have demanded' explo: from the Government. explains that these negoti initiated by Hsiung late Minister of Financ they. have been carried on by him independently.
This explanation is regarded as remarkable and the further elucidation of the situation in London is awaited with the greatest interest.
Text read from the printed page and cleaned; old type leaves the occasional error.