Reported Conclusion of Loan for Extension of Line to Lanchow Recent telegrams issued by Rew ter and other agencies have made reference to proposed developments of the Lunghai Railway. One of these, a fow days ago, was to the effect that Marshal Feng Vu-hsiang had urged the extension of the line to Kansu, while the Kuo Min News Agency had the following message from Nanking on Tuesday:
Mr. Liu Chi, managing director of the Lunghai Railway, in a telegram to Marshal Feng Yuhsiang reports that negotiations have been concluded with a certain financial group, and definite measures are now being for mulated for the construction of the "unfinished section of the Lunghai Railway, Inquiry made locally indicates that the message just quoted is well founded, while the extension which Marshal Feng demands. is now within the realm ut practical polities, The amount of the loan Which has been negotiated has not transpired, nor the financiers with whom it is being made, but the supposition is that it is being car-vied out by a Belgian group. Belgian capital predominates in the Lunghai Railway, although both British and French money has been invested in it, and the circumstances of the Joan point to the material required for the rehabilitation and extension of the line coming from Belgian sources. It is known that inquiries wore recently made as to whether the wharfage accommodation at Pakow is sufficiently good to permit of tha landing there of 50 locomotives. It is understood that these are coming either from France or Belgium, and the presumption is that they ure for the Lunghai Railway, in part at least,
Text read from the printed page and cleaned; old type leaves the occasional error.