'We are officially informed that the Shanghai Municipal Council and (ho French' Municipal Council, havi arrived at an understanding the general terms of the propose telephone franchise, have consented the assignment of such franchise for the operation of a telephone service in Shanghai to the Inter. national Telephone & Telegraph Ca: poration on the basis of an amended teniler, Councils centred on the objections raised to the original terms of the tender of the I. T, & T. as recommended for acceptance by the Tel phone Advisory Committee, consist:
Text read from the printed page and cleaned; old type leaves the occasional error.