MONEY FOR CHINA
LOANED BY PRIVATE,CORPORATION
NO POLITICAL SIGNIFICANCE
(UNITED PRESS ASSOCIATION.—COPIRIGHT.)
(AUSTKALIAN-K2W ZEALAND CABLE ASSOCIATION.)
(Received December 16, 9 a.m.)
NEW YORK, 14th December
The New York. Times correspondent at Pekin reports that Mr. Bruce, president of the Pacific Development Corporation, in a statement said: "We have loaned to China five and a halt million dollars, and secured the surplus revenue oh wine and tobacco. We contemplate additional loans, on condition that the Chinese Government appoints an American as Associate Inspector-General. The loan has no political significance. We are only devoting our energies to develop American trade in the Orient. The Pacific Development Corporation has no connection With any international financial group. We hope to develop a market for Chinese securities in America." <
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19191216.2.61
Bibliographic details
Evening Post, Volume XCVIII, Issue 144, 16 December 1919, Page 7
Word Count
124MONEY FOR CHINA Evening Post, Volume XCVIII, Issue 144, 16 December 1919, Page 7
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in