$10,000,000 To Be Floated on Local Market Nanking, Sept, 28.
For readjustment and development of the Government's telegraph, tele-Phone, and radio enterprises, the 'Ministries of Finance and Communications have been jointly authorized by' the National Government to float a loan to be known as the "2¢ Year (1935) Telegraph Loan of the Republic of China" to the amount of $10 millions.
Following is a free translation of the Regulations governing the issue of the Loan, which were adopted. at the 30th meeting of the Legislative Yuan yesterday:—
Art. L—In order to readjust and expand the telegraph, telephone, and radio services, the National Government authorizes the Ministries Finance and Communications jointly float a lessn to be known as the "24th Year (1995) Telegraph Loan, of the Republic of China."
Art, 2—The amount of the loan shall be. $10 millions Art, 3—The loan shall be issued fon Getober 1, the 24th Year of the Republic (1935), Price of issue 98, Art. 4—Interest shall be at the rate of 6 per cent. per annum,
Text read from the printed page and cleaned; old type leaves the occasional error.