Hangchow Railway Administrations, is arranging to remit to-day the sum of £32,- 500, to the British éorporation concerned for loan interest accrued and owing by the Shanghai-Nanking Railway to British creditors.
Another sum of £37,500 is also being remitted by the Shanghai-Hangchow-Ningpo Railway Administration towards the capital loan redemption account. unification was secured other ques: tions would automatically solve themselves.
As regards unsecured foreign and domestic loans, Mr. Soong declared that as a general rule a country's indebtedness was not an open question and this was undoubtedly true of China, "Of course," he went on, "all legitimate loans must be paid: the only question is how and when.
Policy as a whole, Mr. Soong declared, had to be considered and it was advisable to get away from a policy of living from hand to mouth. He felt that foreigners were coming more to realize that their interests were bound up with the prosperity of the country and that it was to their advantage to get away from one-sided arrangements.
Mr. Soong said that he was! leaving shortly for Nanking. Ail the Party leaders would be there jand very important decisions would be reached on financial as well as other momentous matters.
At is learned from other sources that the question of whether Mi A. H. F. Edwardes should remain Officiating Inspector-General of Customs will be among the matters likely to be decided at the fifth plenary session of the Kuomintang.
Two Million Dollars Wrong Suly 23.
The Nationalist Finance, Mr. T. V. Soong, to be known that the loan secured with Peking and Tientsin bankers for the rehabilitation expenses of the North generally amounts to $3,000.- 000, not $5,000,000 as stated yester-
Pexinc telegrams to the vernal cular press state that the Nationalist University Council "has taken over Tsinhua College, the institution established with the American share of the Boxer Indemnity.
Text read from the printed page and cleaned; old type leaves the occasional error.