Full details are lacking but it is} stated that there are seven articles! points Ottawa, Ju Mr, H. H, Stevens, the Minister of Trade and Commerce, referred to-day' to the speech made by the Premier, Mr. R, B. Bennett on December 31, dealt with the grai problem and said that negotiations were proceeding under Federal credit guarantees market for Cana other products in China and elsewhere in the East.
Mr. Stevens stated that Canada The two foreign cable companies shall enjoy cable landing rights for a further extended period of 14 years beginning from the date the mew agreement comes into force:
The Chinese Government shall be puld by the two foreign cable companies 50 centimes a word for cable messages which they transmit ° to the interior of China or to foreign countries The Chinese Government shall appoint a representative at each of the foreign cable companies to control the despatch and the receipt of able messages:
'The two foreign' cable companies! may recommend experienced and] Qualified persons to despatch and xeteive cable messages but such persons shall be under the supe violon and the direction of the re-ment: piésentatives of the Chinese Govern.
soon as this agreement becomes effective, the two foreign cable companies' branches in Chi ese cities shall put up _signboards with the words "Chinese Telegraph Office" instead of their own sign Boards: and 'As from January 1, 1931, the two) foreign cable companies' fanding operations shall be operated by the Chitiese Telegraph Office, was taking steps to arrange a large oan for China to provide for the marketing of wheat and other Canadian products in, the Orient, bhut he stossed the necessity of cooperative action with other countries to rehabilitate the financing lof oriental countries, He said the proposal had secured strong measure of support among. the leading bankers of the world. of the standards of he continued, would involve an increase in their buying power, thus supplying a marke; for commodities from Canada, North America, and European countries.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.