THE FAR EAST.
SUCCESS OP FliENCtf DIPLO-
MACY.
Press Association—By Telegraph—Copyright.
PEKENT, April 12. A .Franco-Belgian four and a-half million 5 per cent. loan, in gold, has been secured for the construction of the Pekin to Hanko/v railway.
A Belgian syndicate also tobtained a preemption for the construction of the railway from Hankow to -Canton. Even American capitalists were unable to secure a contract, despite the claim put forward by Sir Claude Macdonald for a pre-emp-tion on behalf of an Anglo-Eastern syndi-
Commenting on the Franco-Belgian loan for the construction of the Pekin-Hankow railway, the Times says that Britain protested too late against the construction of this line by foreign capital, and adds that the pledge obtained from China, that the valley of the Yang-tse-kiang would not be alienated to any other Power is worth just so much as Britain decides to make it. HONGKONG, April 12. The German forces operating in the Province of Shantung destroyed with dynamite three native villages as a punishment for the recent attack upon a German patrol.
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Bibliographic details
Otago Daily Times, Issue 11397, 14 April 1899, Page 5
Word Count
173THE FAR EAST. Otago Daily Times, Issue 11397, 14 April 1899, Page 5
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