Renewed Warning: None Valid if not Sanctioned by Peking Peking, June 12.
In a further letter from the Waichiaopu to Foreign Ministers in Peking, the Chinese Foreign Office points out, with reference to the complications constantly caused by the provinces borrowing money from foreign merchants on the security of railways and mines, that the Chinese Foreign Office had repeatedly notified the Diplomatic Body that no provincial loan made with foreign merchants would be considered valid unless it had first received the sanction of the Central Government.
In this letter it was again specially. declared that hereafter, if any provincial organ, no matter of whom composed, pledged secretly to foreigners, whether by mortgage, sale, lease or loan, either the mines or railways of the locality, or land, the land tax or other tax, or other class of government-owned business, such contracts would be deemed absolutely null and void unless the sanction of the Central Government had been applied for and obtained.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.