The Archive · 1924

ASIATIC BAN

Large Secret Purchase of Shares Giving Control over C. E, Riwy.

London, July 19.

"The Times" learns that the Soviet Government has acquired a dominating interest in the Russo-Asiatic Bank by the purchase of 'a large quantity of shares through intermediary Russian financiers in Paris with the object of giving th Soviet complete power to spose of the Chinese Eastern Railway which by law belongs to the Russo-Asiatic Bank.—Reuter.-

While the negotiations relating to a Sino-Austrian Commercial Treaty are proceeding in Vienne, Hungary has come forward wi the proposal to negotiate a sim treaty with China. It is expected that" Hungary's request will granted soon in view of the fact that Austria and Hungary are jointly interested in some of the questions that will come up for settlement in a treaty with either country.—Reuter's Pacific Service.

"Ax the Cabinet meeting on July 22, the question of 1 flood relief purpose It was decided to refer: the proposal to levy a customs surtax to the Waichiaopu and the Ministry of Finance for decision. The Ministry of Communications was authorized to levy & surtax on railway traffic to. meet the cost of rebuilding the bridge over: the Yellow River,

Text read from the printed page and cleaned; old type leaves the occasional error.

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