FINANCING CHINA
THE SIX-POWER LOAN. Fr«« Assocteioa—By Tolegraph-Copyjigit PEKING, January 2. (Received January 3, at 9.55' a.m.) The preliminary agreement for the sixPower loan has been concluded. The loan will have a currency of 40 years. China receives 6 per cent. beW the sale price of the bonds. The Chinese Audit Department will have supervision over the expenditure, under the advisorship of Hen- Romp, a German, who enters the Chinese Government Service. A mixed Commission will' shortly be appointed to assess the compensation to b« paid to foreigners for their losses during the revolution. The money will be. obtained by the flotation of a cupplementarv loan. SHIPBUILDING ORDER. LONDON, January 2. (Received January 3, at 9.55 a.m.) The China Merchants' Company are ordering from England four liners, the Chinese Government guaranteeing payment. The vessels wall be available for the training of cadets, and also as auxiliary cruisers.
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Evening Star, Issue 15073, 3 January 1913, Page 6
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147FINANCING CHINA Evening Star, Issue 15073, 3 January 1913, Page 6
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