The Archive · 1935

Loan to Huai River Commission

£238,000 By E. D. Sassoon Banking Ca., Ltd, Shanghai, Jan. 18 agreement wns signed on Sanunry 12 fora Sterling Loan of £238,000 to be granted "by ED. Sasvoon Banking Ca, Ltd, to the Hua! River Commission fo finance the construction work in China of the Chinngpa Remulator of the Huat ver.

'The leafy, which is secured on a portion of the Boxer Indeninity Funds, received by the Board of 'Teustees in China' from the Britich Government, will carry interest the rate of 6 per cent, per annum, and will be amortized over a period to ten years commencing in January 1036, In connection with this Joan, there will be no public issue of bonds such as were issued in thu ense of the recent similar loan for the completion lof the Canton-Hankow Railway.

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

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