Representative, placed 'a parcel of the confiscated bonds on the Londoa 8 the British Government. apparently not considering that the ses called for official objection.
Conversations on. this subject are said to have taken place between representatives of the British and French Governments. Just what took place here is not lear, but certeimly the action of Me. referred to the Chin-the whole question of the validity of] the confiscated bearer bonds became general in several countries, The common opinion was that nothing could be said against the claims of scrip holders, for where the scrip had been retained there would have been no exchange for bonds. The Ps weight of opinion, however, seems to have been against recognition of the confiscated bonds, for it was thought that the should be take In other words the regular action of the Reds attached to the bonds they were putting on the market, in 1021 the Russian bank agreed to pay interest on scrip provided the Chinese Government undertook to relieve the bank of responsibility in the event of double payment.
China as Conditions of Paym Faced with the responsibility itself the Chinese Government took 1p the matter and issued the follow ing notice it "The Times" in December 1921:—
Text read from the printed page and cleaned; old type leaves the occasional error.