The Archive · 1933

CHANG REGIME'S DEBTS BEING SETTLED Manchoukuo Agreement with Creditors

Tokyo, July 1.

An amicable settlement has been reached "between. the Manchoukuo Ministry of Finance and the Amer ican, British, French, German and Japanese creditors who have claims: fon the old regime in connection with Ihe sale of goods to the now-defunct Manchurian Government, says" a message Received here to-day from Mukden, The debts of the former regime lat ¥.10,000,000, representing 85 per in hie reap have been appraised leant, of the total, OF this total, 'Y¥.3,600,000 was paid to the creditors concerned last December.

Of the remaining of ¥.6,500,000, sum of '¥.2,500,00. will be paid in cash on July 20, while ¥.4,000,000 willie paid in, August in bonds reficemable, within twenty years and bearing interest at the vote of 3.3 per cent, per annum.

The share of the Japanese creditors is stated to be about ¥.600,000,

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

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