CHINA.
BRITISH LOAN PROPOSALS.
FRENCH AND RUSSIAN OBJEC
TIONS.
IMPORTANT SPEECH BY HICKS
BEACH.
TRADE PRIVILEGES INSISTED ON
BRITAIN WILL FIGHT IF NECES-
SARY.
PEKIN, January 18.
The Russian and French Ministers here object to the British proposals for opening up the ports of China to trade and commerce as a condition for Great Britain assisting the liquidation of the war indemnity to Japan by providing a loan of twelve million sterling. China hesitates to accept British proposals, chiefly in fear of incurring the hostility of Russia.
LONDON, January IS.
The " Times " says it is acknowledged on all sides that the basis of negotiations carried out by Major-General Sir Claude Macdonald, British Minister at Pekin, is Statesmanlike and in harmony with the best traditions of British policy. Sir Michael Hicks-Beach states that Great Britain'regarded1 China as the most hopeful place for future commerce. The Government were absolutely determined at whatever cost, if necessary at the cost of war, that the door should not be closed to British trade.
The press unanimously applaud Sir Michael Hicks-Beach's speech with reference to Chinese policy.
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Bibliographic details
Auckland Star, Volume XXIX, Issue 15, 19 January 1898, Page 5
Word Count
181CHINA. Auckland Star, Volume XXIX, Issue 15, 19 January 1898, Page 5
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