Peking, Jan. 21.
The Central Government will issue a Rescript approving of the construction of the Chinchow-Tsitsihar-Aigan Railway in accordance with an agreement between Lord french, representative of Messrs. Pauling & Ca., Mr. W.D. Straight and Viceroy Hsi Liang of Manchuria, which was signed on October 2.
All the capital required, estimated to amount to Tls. 50,000,000, will be provided by American capitalists and the British firm of Messrs. Pauling & Ca will construct the line.
77 has been issued yet, but it is expected that the agree. ment will he signed on Monday.
Japan is not opposed to the concession on principle, but the question of participation may arise.—Our Own Correspondent.
'e" Readers of our Chinese News ix important news. been ander consideration for some months, Lord french is the representative of the syndicate that obtained the concession for the Heinmintan-Faknmen line, the constraction of which was vetoed by Japan. Mr. Straight was formerly United States Consal at Mukden and represents a group of American financiers in the For East.—Ep.
Text read from the printed page and cleaned; old type leaves the occasional error.