PROPOSAL, Scheme to Raise Million Dollars Secured on Revenues Nanking, Mar. 1, The: egulations governing the issue of the Nineteenth (1930) Year Telegraph Administration Loan of ten million dollars ($10,000,000) of the Ministry of Communications have been passed by the Legislative Yuan and are expected shortly to promulgated "by the State The proposed Loan will be secured Jon the entire revenue from all international messages despatched by the Ministry of Communications; and, in the event of the revenue not being sufficient, other incomes from the Ministry's' Telegraph Administration will also_be earmarked for the purpose. The bonds will be offered for subscription in April, 1930 at ninety eight (98), interest eight per cent (8 jer cent.) per annum, payable half-yearly September 30 and March 31, The Loan will be redeemed within ten years by annual instalments of one million dollars ($1,000,000) beginning from the twentieth year of the Republic (1931).
The bonds tions of $5, $10, $100, $1,000 and $10,000, full translation of the Regula tions follows:
Recutarions GovERNING THE 10TH
Text read from the printed page and cleaned; old type leaves the occasional error.