The Archive · 1928

HANKOW MUNICIPAL

DEBENTURES

Cold Comfort for Investors who Missed Last Year's Interest London, Apr. 2.

In the House of Commons to-day, questioned regarding the arrears in the Hankow Municipal debentures, the Foreign Secretary, Sir Austen Chamberlain, pointed out that provision would be made in the 1928 budget for this year's interest, He said. that members of the Hankow Municipal Council were of the opinion that last year's interest should be made good by the Nationalist authorities.

Mr. H, W. Looker (Conservative), formerly of Hongkong, declared that some British subjects had put all their savings in these bonds. Sir Austen Chamberlain said that! hho was not aware that this was so and could only express regret if they did, He was not able to say what prospects there were of the Nationalist Government—making payznent good—Reuter, 3

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account