When the consummation of the several loans was announced, he foreign community suspected that there must be some very special inducements, something much better than the legitimate proceeds of money lending and there has been much prying into the various deals in an effort to detect the wherefore of the bankers' readiness to lend. Nothing has been discovered except that the bankers have given themselves a very fair deal, that they have secured themselves in every possible way and that there are no ulterior advantages to be reaped which will not be directly beneficial to the Chinese people.
As nearly as can be learned three separate loans have been negotiated, the Car Loan, the terms of which were published in anticigation of the deal, the Shanghai Mint soon, and a loan of $3,500,000 to the Ministry of Finance, presumably designed to cover New Year ex: penses. Now there is under contemplation a new internal bond issue for a total of something like $40,000,000.
Text read from the printed page and cleaned; old type leaves the occasional error.