The delegates to the Consortium Conference have inserted in the agreement a clause defining the attitude of the Consortium towards China. This stated that they be-Tieved that Chinese interests would pest be served by the cooperative action of the various national banking groups assisting the Chinese Government to obtain capital. It added that the bankers undertook the financing of the country at the request of their Government, and did not desire to have any special advantage or to exercise lamination.
Finally, it declared that the cooperation of Chinese capital would be welcomed.—Reuter.
London, Oct. 18.
The New York correspondent of the "Times" states that the Chinese Consortium agreement reads "The national" groups are of opinion that the interests of the Chinese people can in the existing circunistances be best served by cooperative action by the various banking groups, representing the investment interests of their respec-; tive countries, in procuring for the Chinese Government the capital necessary for its programme of economic reconstruction and improved communications. With these' objects in view the respective national groups are prepared to participate on equal terms in such undertakings as are calculated to assist China to establish her great public utilities and to these ends to welcome the cooperation of; Chinese capital."
The Belgian group will have a one-ninth interest and the other groups a two-ninths interest each. it is understood that the Japanese reservations "with regard to the Shantung Railway, like the American reservations with regard to the Grand Canal improvement project, are due to small technicalities of a purely ephemeral character.
In order to ensure the uninterrupted progress of the Consortitn's wide-reaching plans for the development of China, the agreement provides for joint diplomatic action at Peking in the event of competing proposals for loans being attempted.—Reuter Pexine, Oct. 19.—The Kiangsu gentry will interview the President this afternoon with regard to their proposal to abolish the Tuchunship of Kiangsu.—Reuter.
PEEING, Oct. 20—Dr. C. T. Wang arrived in Peking yesterday to take up the Chairmanship of the Peace Treaty Commission, which will begin its discussions with the consideration of the Shantung question.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.