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MONEY FOR CHINA.

A TEN MILLION LOAN.

FIVE PER CENT. FOR 40 YEARS. | By- Telegraph. Association.— (Received September 11. 11.15 p.m.) London, September 11. As the result of negotiations which were commenced in the middle of July an agreement was signed on August 30 for a Chinese loan of £10,000,000 at five per cent. 'The loan is to have a currency of 40 years, and is secured on unpledged securities, chiefly the .tax on salt. The loan is free of the supervision that the six-Power syndicate proposed. THE INDIAN FRONTIER.

EXPEDITION OF INQUIRY., - (Received September 11, 10.10 p.m.) Calcutta, September 10. An expedition is being despatched ostensibly for road making to the Mishmi Hills,, on the frontier of Assam, in North-eastern India. It^ is believed that it is intended to discover the extent of Chinese influence in that direction.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19120912.2.52

Bibliographic details

New Zealand Herald, Volume XLIX, Issue 15096, 12 September 1912, Page 7

Word Count
139

MONEY FOR CHINA. New Zealand Herald, Volume XLIX, Issue 15096, 12 September 1912, Page 7

MONEY FOR CHINA. New Zealand Herald, Volume XLIX, Issue 15096, 12 September 1912, Page 7