Sharp Warning Drawn Forth by Report of Impending Loan of $25,000,000: Long List of Debts to American Institutions: Pri ity for Old Debts Before More Loans Poking, Aug. 25.
The American Legation sent the following communication to the Waichinopy yesterday afternoon:—"This Legation has the honour state that it has received informa-_ tion indicating an intention on the part of the Chinese authorities concerned to issue now domestic loan bonds at par to the value of Box. $25,000,000 for the purpose of mectig administrative expenses and for the redemption of certain short-term domestic debts. It is understood that the security on this loan will be approximately $11,000,009, at present paid from the ime Customs' revenue for the of the Ninth Year Domestic Loan, which, allowing for the postponement of amortization dates, is due to become extinguished in 1927,
Text read from the printed page and cleaned; old type leaves the occasional error.