£60,000,000 -LOAN FOR CHINA.
(Press - Assn.— By Telegraph.— Copy rignt.) (Received May 2, 8.10 a.m.) PEKING,, May 1. Foreign Ministers are satisfied 'with' the Government's explanation m regard to the Anglb-Belgian loan, and nave authorised the resumption of negotiations for a sixty million loan. •- ',' £80,000 PROFIT ON A LOAN, '•,'■ PEKJNG, March 10. " Tliere is keen competition among the European banks to^lehd China money now that m her financial -embarassment she is, prepared to pay ; high rates. Yesterday, without the knowledge of theother banks, M. Devoss, manager of the Sino^Belge Bank, signed a Russo-Belgian loan of £L,000,000. The loan is issued for one, year .at 97 on the security of the Kalgau RailAvay, and bears interest at v 5. pey .cent. . , "'.'■"% ' V- . , Yuan Shih Kai has sigried the con,- ' tract, and submitted it to the Nanking Natiorfal Assembly for approval . '
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Bibliographic details
Poverty Bay Herald, Volume XXXIX, Issue 12752, 2 May 1912, Page 5
Word Count
139£60,000,000 -LOAN FOR CHINA. Poverty Bay Herald, Volume XXXIX, Issue 12752, 2 May 1912, Page 5
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