for $2,500,000
Nanking, May 19, A set of regulations governing the issue of a $2,600,000 loan for the installation of 'a modern waterworks system at Hangchow, to be known as the Hangchow Waterworks Loan, wax adopted at the Mist meeting of the Legislative Yuin, The loan will bear 8 per cent. Interest per annum and will be open for subscription in denomination of $1,000, $100, $10 and $5.
The entire Municipal revenue derived from land taxes together with the profits of the Waterworks Corporation will be earmarked for the amortization fund, which will be placed in the custody of one representative euch from the Provincial Auditing Department, the Hangchow Municipal" Government, the Hangchow Chamber of Com: merce, the Hangchow—Bankers? Association and two representatives of bondholders, Interest will be paid half-yearly fon "June 30. and' December. 80.
Redemption of the principal will be commenced in the 22nd Year of the (1983) by half-yearly The loan is to be entirely redeem-
fin, the end of June, 1960-—Kue Tum Ministry of Foreign Affairs are reported to have lodged a protest with the French Government against a decision of the authorities of Annam to enforce a ruling by which Chinese merchants in Annam will be required to keep their books in the French language only, the units of St. Sampson's tow signalled that his rudder post was fractured and Captain Scott, of the Sampson, after discussion with Captain Josefsen, decided to make for Shanghai to effect the necessary repairs. He arrived here on the morning of April 15 and left again for Hulutao on April 23, eventually arriving without further mishap at 2 pam. on April 28, The Saucy again left Shanghai on April 29 Yor Macao and loft that port on May 4 with the sheer legs' Hercules and a loaded hopper barge in tow. Moderately fine weather was experienced throughout this voyage and the tow arrived at Hulutao at 4 pin. on May 14, when Captain. Josefsen handed over his units to. the representatives of the Netherlands. Harbour Work Ca., thus bringing the work contracted for to a successful conclusion,
Text read from the printed page and cleaned; old type leaves the occasional error.