CHINA'S FINANCES.
By -.': Electric Telegraph.—Copyright. Australian-New "Zealand; Cable Association.
Received December 16, 9 a.m.! ;. ,• ;PEKIN. Doc. 14. : President Bru6e, of the Pacific Development Corporation, has issued the following statement:—"We have loaned China 5,500,000 dollars, secured by the surplus re'vohue on wine and tobacco. Wo contemplate , additional loans on condition that the Chinese Government appoints an American" Associate InspectorrGeneral. The loan, has not any, political significance. We/are only.de'voting jour energies £o.develop .American trade in the Orient. 1 The Pacific Development Corporation;"has no connection with any international financial group. We hope to develop a market for Chinese securities in America."
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Bibliographic details
Manawatu Standard, Volume XLIII, Issue 1702, 16 December 1919, Page 5
Word Count
98CHINA'S FINANCES. Manawatu Standard, Volume XLIII, Issue 1702, 16 December 1919, Page 5
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