The Archive · 1922

Chinese Railway Loan

London, Oct. 2.

Bonds to the value of £50,000 of the 5 per cent. Gold Loan of 1913 of the Chinese Lung-Tsing-U-Hai Railway are being offered in' London at nearly £14 per bond of £20, which is equal to over £69 per £100, whereas " Times" points out that the present market price of similar bends is about £55 per £100.—Reuter. in the fact that the waves of enthusiasm for one heresy. or another are usually short-lived and nothing takes hold of the hot bloods so strongly as something local and personal. When some concrete grievance arises, be it merely a question of "face" or favour, abstract theories are suddenly forgotten.

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

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