Peking, Aug. 12.
The "New Society" is responsible for the report that a concern, called the British Royal Syndicate, has arranged to furnish to the Minist of Finance a loan of $3,000,000.
The paper says that the loan is to be secured on the surplus funds of the Customs; that the rate of in terest is eight per cent., and the price of the loan 85, and that the Cabinet yesterday gave its approval. The first payment, of $1,000,000 is to ba made on the day the loan is signed, and the balance 45 days later. The paper adds that the loan will be signed very soon.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.