The Archive · 1921

Kirin Railway Loan

A Denial

Tokio, June 2.

The rumours, which have been receiving wide circulation here, that a new Kirin Railway loan of X.10,000,000 has been arranged with China, are authoritatively denied. It is stated that there is no change in the Government's loan policy towards China. The object of the mission of Mr. One, of the Industrial Bank of Japan, to Peking, is to arrange for the payment of the former loans.—Reuter.

Peking, June 2.

Mr. Lu Meng-hsung, the Director of the proposed Kirin-Huaining Railway, has tendered his resignation. The Ministry of Communications has refused to accept Mr. Lw's resignation, but he has been granted one month's leave on account of the death of his mother.—Reuter.

Peking, June 6.

Replying to a protest from the Shanghai Chinese Chamber of Commerce, the Ministry of Communications states that negotiations for the Kirin-Huaining railway loan reached a deadlock in 1919, since when the Chiaotungpu has not reopened negotiations, and there is therefore no truth in the report that an agreement has been signed.

The Ministry of Commerce has telegraphed to the Manchurian Tuchuns, denying the report that the Government had contracted: with Japanese interests for a loan to be secured by the forests of Kirin and Heilungkiang.—Reuter.

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

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