SHYLOCK CANADA.
LOAN TO CHINA. 20 PER CENtTINTEREST. LONDON, Sept. 21. The correspondent of The Times at Pekin says that important issues have been raised by the loan agreement recently signed whereby a Canadian banking syndicate is to lend China three million gold dollars for one year at the .effective rate of 20 per cent., which is secured by salt surpluses. . It is pointed out that the international consortium, including Britain, was largely aimed at preventing such loans. Britain’s American, French, and Japanese associates will* naturally, take the view that if the loan goes through, the British Government subscribes to one policy with her right hand, but a totally different policy with her left. The question is asked, Is the consortium binding on Britain if the hanks of a British Dominion can ignore the obligations of the British Governwmnt 2
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Gisborne Times, Volume LV, Issue 6203, 7 October 1921, Page 5
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140SHYLOCK CANADA. Gisborne Times, Volume LV, Issue 6203, 7 October 1921, Page 5
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