to China Nanking, June 4.
representative of Messrs, Jardine Matheson & Company Signed an agreement in Nan-King to-day on behalf of the British and Chinese Corporation, for whom the joint agents in China are the Hongkong Shanghai Bank and_ Messrs, Jardine, Matheson & Company, The agreement covers a loan of £800,000 10 the Ministry of Rallways for the rehabilitation of the Nanking-Shanghai Railway. the programme is included the double-tracking of the line between Shanghai and Soochow, the relaying of the entire line, new locomotives, anda modern' sign-ailing equipment,—Router, China, The Banque Franco-Chinoise represents the group in China, 'The group has already signed a contract for the construction of a railway connecting Chungking and Chengtu, and negotiations are nearly complete for the signature of another contract providing for the construetion of a' railway between Kweiyang and Kunming, When these two rollo reads are completed, the rich province of Szechuen will be linked by rull with Haiphong, the main harbour fof Tongking. 'The group is also contemplating the promotion of other industrial undertaldings, such sugar factories, weaving' mill and machine-shops.' Such scheme being studied at present, Ca-operation Halted Dr. Kung replied tothe address of M. Lo Gallen, thanking hhis hosts of the occasion and remarke {ing that he had been impressed the speaker's translation of French into Chines a scholar, that there isan exchange of culture land civilization between France and China.
"Under the 1 ernment "is carrying out its recon-
rineipies of "Sun Yatusen, China possible. Ju accordance vith.
live programme og speedily.
frelcomes foreign ce-operation the development of het resources, She appreciates the atsitanee, of France inher gigantic tate Ts ton will Benefit "not onl find France—it will '€o for world poace,"Havas, 'Wir the formal elevation of the Chinese and Belgian legations.to embassies now only a question of time, Mr. Chien Tal, at present Chi nese' Minister to Spain, will be ap-Pointed China's first, Ambassador Belgium, states the "Hwa Mel Wan Pao." His nomination has been referred to the Belgian Government for approval Acconoine to Mr. Kan Chieh-hou, representative of the Kwangai Ger erals, Li Tsung-jen and Pal Chunghhegotiations between Mr. Huang Chi president of the Kwangs! Provineial Bank, and the Central authorities concerning the adjustment the currency situation in Kwangsi have achieved satisfactory results, states a special dispatch to the "Lift Pao" from Nanking. Part of the adjustment scheme provides for the toating of bonds, but the exchange Fatio of the Kwangsi currency to the national standard dollar remains to be fixed. As to. the construction of the Hunan-Kwangs! Railway, said Mr, Kan, an agreement has also' been Teached in principle, Mr. T. V. Soong will take charge of the construction project, while Mr. Chang Kis-ngan, Minister of Railways, will be respon? sible for the raising of necessary funds. Several railway Unes were also mooted for Kwangs! province,
Text read from the printed page and cleaned; old type leaves the occasional error.