1002 an Tatian, called Luigi, ut an Austrian opened a new hotel, the Peking Hotel, to the north of the Taygations, about 'a quarter of a mile east of the present site. When the Austrian died some years late nother Nalian, Rosso, went into part nership. The two Talians Tater fell Oni, ahd Rosso became sole proprie-for' "About 1905/6" the hotel was removed (0 the site it occupies today. Here" was erveted a foreign-style hig. the pre= The ground italian Mission Coma Still is) into sears each (ofall Th the later extension of the Tand at the back was a Swiss, Jeanrencaut who was for many year eceanitric character.
In 1915 the Talian proprietor plan-red to build a larger and more modern el, and a company was formed for purpose. This company was subsequently taken over and reorganized by' the Banque Tndustrietle. Tt had a board of five Frenchmen and five 'Chinese, one of whom, by the way, was Mr. Wang Ko-min, who was compra-dure of the French bank at the time, fand has recently come into promin-face as the Chairman of the North China' Political Affairs "Commission.
Text read from the printed page and cleaned; old type leaves the occasional error.