The first meeting of the Tientsin-Pukow Railway Loan Service Com: mittee was held. this afternoon, at the Ministry of Railways, presided over by Mr. Chang Kia-ngan, Minister of Railways. Others present were Messrs. Sabin Hsu, "Chai Ping-fan, Yang Ching-hsun, ' Wu" Yung-chang, W. C, Cassels, Atlee Davidson, and Paul "Witting.
The chairman emphasized the. spirit of mutual understanding and goodwill that had made possible the Successful settlement of the Tientsin-Pukow Railway loans, which, "he hoped, would continue in the Loan Service Committee, so that the ra way's credit would be maintained to the satisfaction of all concerned, Mr. Cassels, who represented British bondholders, promised to give his continued support, as he had hitherto given, to Insure the success of the committee, and Mr. Witting, for German bond-holders, expressed identical sentiments, Rules of procedure governing the Loan Service Committee were sul mitted by the chairman and adopted with modifications. "Budget estimates for expenses of the comraltiee also were adopted. The committee will meet again on August 20.
At the conclusion of the meeting, the members of the committee were invited to tea at Mr. Chang's re
Text read from the printed page and cleaned; old type leaves the occasional error.