Consideration of Advances Postponed Pending Normalization of Unsecured Bonds London, June 4.
The Diplomatic correspondent of the "'Daily Telegraph," referring to the meeting of the Consortium Committee in Paris, states that it recommended that there should be no further loans to China until the increases in the China Customs dues, stipulated in the Washington Treaties, had been duly carried out.
The proposal had been mooted for a temporary advance of £3,000,- 000 to enable Peking to cope with its present difficulties, but it was apparently considered that this should be' conditioned on a satisfactory footing by the "normalization" of hitherto relatively unsecured Chinese bonds. This would be a complicated task, The correspondent mentions that Italy was recently sounded on the possibility of her joining the Consortium, but that she is hesitating to provide the necessary large amounts.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.