The following very interesting summary of the minutes of the Consortium conference held in New York in October last reaches us from an authoritative correspondent in that city, The principal topics touched upon in the conference of the Consortium have already been made public. These include favourable action on the application of a Belgian_ banking group for inclusion in the Consortium, such membership to be subject to the approval of the four Governments already concerned. It was also resolved to welcome, in connexion with loan operations in China, the co-opera tion of a Chinese group, such as might form a representative _national unit in China, prepared to undertake the obligations involved.
In this connexion the prospect of issuing a silver loan in China was left to the Peking representatives to report upon.
Text read from the printed page and cleaned; old type leaves the occasional error.