The Archive · 1922

PEKING'S NEW LOAN

Oct. 3.

THE name of the Inspector-General of Customs at the foot of the advertisement of the new Eleventh Year loan of $10,000,- 000, and the general conditions of the loan as described elsewhere should be quite enough to guarantee its success in spite of the opposition raised. The ostensible basis of that opposition is that the Government's credit has been weakened by. promiscuous borrowings and that, before it borrows any more, it ought to do something to compute exactly and to regularize its existing debts. But the underlying objection is that the deferred Boxer indemnity money should be lumped in with

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

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