Owing to lack of funds to contract the various railways under proposal and to carry out the necessary reforms, the Peking Government intends to conclude number of loans with the wealthy Chinese merchants in the South Pacific Islands. Tt in stated that the lenders shall be treated exactly in the same manner ax the British and Chinese Corporation and other syndicates that have lent money to the Chinese Government, Tt is farther stated that the latter has declared that if any one can perwonde the Chincac merchants in those islands to lend money to it, he Il be highly rewarded. It ix reported that Prince Taai-Chen may possibly be sent down South to contract the loans
Text read from the printed page and cleaned; old type leaves the occasional error.