Manila, Jan. 29.
On Monday morning Jast the Governor-General introduced a bill to. the Philippine Commission to amend the present Law governing the disposition of the gold standard fand in such a manner as materially to aid the economic development of these islands, By this measure His Excellency will release the whole of the fund, which amounts to 9,250,000 pesos, for loans; viz:—P. 1,500,000 for the construction of a new customs house and the development of reclamation work in this city; and for an extension of credit to the Manila Railroad Company of P. 2,500,000 in order to enable that company to carry out projected construction work.
Text read from the printed page and cleaned; old type leaves the occasional error.