The Archive · 1934

German Materials for Kiangsi Railway

Berlin, July 4.

Commenting upon the endeavours made by Germany to develop her trade relations with China, the press here reports the conclusion [preliminary agreement for the de-Tivery, by Germany, of railway materials required for the construction of about 200 miles of tracks Jacross Kiangs! Province—Havar.

Ministry of Finance has decided to establish a bank of agriculture and industry, according to. information from local Chinese sources.

'Mr. Wu Hsiang-chen has been appointed by Dr. H. H. Kung, the Minister of Finance, to. make' pre parations for the establishment of the bank, Mr. Wu is leaving for 'Tungchow on a tour of inspection rural conditions. Later he will Visit. the demilitarized "zero, afterwards going to Tientsin for' a con-Terence' with General Wu Hsueh chung, Chatman of Hopel. is slated that one of the prin~ cipal objects of the bank is to extend Jonns "to farmers at Yow rates of interest 30 as 10 assist them in get= ting on their feet again, Later the bank. will open. branches in other parts of Hopel and China—Reuter.

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

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