Proposed Eight Per Cent. Issue at Ninety: Adoption by Cabinet Peking, Mar. 16. officially announced this aftermoan Hat the Cabloab tle tooming decided to adopt a pro-Sees! preferred by the Minister France for the flotation of a new internal loan of $20,000,000 which Fill be known as the 15th year loan of the Republic, It will be secured the German Boxer. Indemnity fusids. Interest will be' at eight per cent. and the loan will be floated at $9) after which six per cent. will be'dedueted by the bankers for commission, It will be taken up in tinke monthly. instalments, he purposes for" which the proceeds will be expended are officially sas follows: (1) to redeem the {pring Bestival Treasury Bonds re-cyrilly issued. the amount of $5,009,000; (2) to mees the expenses 2 Chinese Legations, pud consulates phra for. pevieil, of three. years; ang (8), fo amieet. the administrative urd military expenses of the Cenixal Government for the same pene Revter's Pacific Service.
Text read from the printed page and cleaned; old type leaves the occasional error.