MANCHURIAN RAILWAYS

Otago Witness, Issue 2915, 26 January 1910, Page 24

MANCHURIAN RAILWAYS

LONDON, January 22. Russia has rejected Chief Secretary Knox's Manchuiian railways neutralisation proposale. Russia emphasises the argument that no danger threatens the Chinese sovereignty. No policy of the ©pen door or neutralisation would injure Ifcussian State or private interest?., which liave been established by colossal efforts and sacrifices, and would constitute an ■unjust infringement of the rights "and. privileges of the Chinese Eastern railway and other undertakings. The Japanese refusal to concur with Mr Knox's proposal, declares that there ■would be no advantage to Japan or China by strictly adhering to the open door in [Manchuria. January 23. Simultaneously with the delivery of the 'Japanese reply to Mr Knox's proposal, the Mikado issued a significant rescript authorising the South Manchuiian railway to borrow an amount equal to double the • paid-up capita];, but not exceeding its total capital. It is understood that 40,000,000 yen (about, £4,000,000) will be fcorrowed immediately for the rapid 'development of the Antung-Mukden line, and for the improvement of Port Arthur as a large commercial port. j NEW YORK, January 19. ■ The Herald's Tokio correspondent reports that Japan politely but firmly reelects Chief Secretary Knox's Manchurian jadlway neutralisation proposals. , January 23. ! 'Advices received here state that the SHankow-Szechuan railway difficulty is settled. Great Britain, France, Germany, and the United States are participating £d the loan, each taking one-fourth.