Peking, July 30.
As only one-third of the shareholders of the Chinese Telegraph Company have declared their willingness to sell to the Goverment their shares at 180 per cent. Sheng Kung-pao has proposed to the Throne to pay to the other share. holders six per cent interest on. their shares for the next five years, In view of this low rate of interest, he hopes that the shareholders will' offer their shares to the Goverament before the end of this term, especially ax the Goverament ix now in possession of five-ninthe of the whole capital of the Company.
Text read from the printed page and cleaned; old type leaves the occasional error.