How to Classify and Put Them on Regular Basis Nanking, July 12, The first meeting of the Com mittee for the Readjustment of Domestic and Foreign Loans will be held as soon as Mr. T, V. Soong, Minister of Finance, returns to the Capital. order to collect, all available data, the Ministry of Finance has asked the theme 5 of Railways, Communications and Foreign Affairs to submit separate reports. on the amount, purposes and dates of all domestic and foreign loans contract.
by the Chinese Government sins the first year of the Republic, The report of the Ministry of Communications is to covert (1) Electricity loans, (2) Loans contracted through the former Ministey of Communications at Peking auf the amount of public bondi by it, and (3) the present lis of the various Railway Administra. tions in Chins The report of the Ministry of Foreign Affairs is to cover (i) the various foreign loans contracted by the former Peking Government and (2) all foreign loans contracted by, the National: Government.
According to spokesman of the Ministry of Finance, the main task of the Committee is to devise de~ finite and practicable measures for the payment of interest and redemption of principal of all secured domestic and foreign loans; and secondly, to investigate the nature amount of the unsecured Toant with a view to formulating measures for the liquidation thereof.~" Kuo Min, were forcibly secured under coercion, to find an adequate solution of the May 80 Incident of 1925 and to eater into immediate negotiations with the National Government for the conclusion of a new treaty bass ed on the principle of equality and mutual respect for each, other's sovereignty. When you have done, this British industry will natuvall prosper and the unemployment pro bern will be easily solved.'—Koo Min
Text read from the printed page and cleaned; old type leaves the occasional error.
