Manila, May 12, Me, Lion Fou-cheng, who unex-peeledly passed through Manila yes terday on his way to Shanghai, clared that he had been successful In negotiating in Paris a Idan for the Chinese Government amounting to $34,500,000 to be used for railway construction in Szechuen, The loan, he declared, would be repayable in fifteen annual instalments, The Chinese Government, he added, had accepted all the conditions for the loan, which had been nego~ lated. through the Banque Franco-Chinoise—Reuler,
Text read from the printed page and cleaned; old type leaves the occasional error.