Peking, July 25.
The proceeds of the loan to the militarists made by the local bankers are now ayailable. The amount has been increased from $3,000,000 to $5,000,000 on the security of the Customs. surtaxes.
Interest is at the rate of eight per cent. per annum, 'A feeble effort to make the loan conditional upon the non-removal of the capital has been abandoned by the bankers. of the Boxer Indemnity should be devoted to this work and Mr. Chu thought that the time was not far distant when the'railway would be Tae Commissioner of Public
Text read from the printed page and cleaned; old type leaves the occasional error.