Nanking, Sept. 12.
For the purpose of readjusting and developing' national telegraph enterprises, the Ministry of Communica-Hons will be authorized to float a oan to be known as the "24th year (1935) Telegraph Loan of the "Re-Public of China," to the amount of '$10,000,000, The proceeds of the Loan will be employed for the readjust ment and expansion of telegraph, telephone, and radio" enterprises, 'The loan is to be floated the Ministry of Finance, in conjunction with the Ministry of Com munications. It will be issued on October 1 at 98, will bear interest Jat 65 per cent. per annum, and will be secured on' the surplus. revenue Jot the Telegraph Administration. funder the Ministry of Communications. In the event of a deficit, the receipts from other postal and telegraph sources will be appropriated. fby the Ministry to make up the sum required for the sinking fund.
Redemption of the loan will be Jeffected by public drawings to be field every three months, and is to be completed in 744 years—Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.