Peking, June 4
The vernacular newspapers re port that the Chiaotungpu is nefotiating a loan from the Japanese for the Chinese Eastern Railway, under the terms of which the engineers and the working staff will be Japanese and Chinese.—Reuter.
Italian Contract for Chibli Railway Shanghai, June 5.
Reuter understands that a preliminary contract to build, equip and. finance a railway line in Chihli from Tsangchow to Shihchiachuang, connecting the Tientsin-Pukow with the Peking-Hankow "ud Shansi lines, was signed on June 1 between the Tsangchow-Shihchiachuang railway compan, znd Ttalian interests, representa by Mr. E. M. di Villa, the well-Known engineer.
'The Iino has been. surveyed, plans drawn up, and estimates of traffic receipts made out by the railway company, but these have to be checked. The provisional agreement, which gives the concession-Mies' six months option, wherein definitely to decide whether they will undertake the work, fixes the capital outlay at $10,000,000.
According to present plans, the length of the line would be 455 and it is estimated that the con-Struction can be completed in three years.
Tu connexion with the above, it may be recalled that the Japanese recently failed to obtain a concession from the Peking Government to build a railway from Techow to Shihchiachuang.—Reuter.
C.E.R. Japanese Loan Denied Peking, June 7.
The appointment of the Foreign Advisers, M. G. Padoux, Mr. L. B. Simpson and Dr. J. C. Ferguson as a special. committee to investigate the situation on the Chinese Eastern Railway has been concluded. The Commission will leave for the north at the end of the week.
The report that the Government is negotiating a loan from the Japanese to finance the Chinese Eastern Railway is officially denied by the Ministry of Communications.
Text read from the printed page and cleaned; old type leaves the occasional error.