THE CHINESE LOANS.
TEN MILLIONS IN LONDON. i!y Toli'irnvph. I'n'ss Ai.wwinl jon. Oojiynp.Ul London, Thursday. Birch and Crisp, the firm negotiating the ten million loan for China, stato that, they obtained Dr Morrison's support before launching the. loan. City men believe that, the loan will help to restore British prestige in the Far East. The Foreign Oilice verbally informed tho firm that it was unable to proved!. the issue, but would not recognise the action. Financial papers favour ('hain't? actioi). The Stock: Exchange aI. tho outsot was opposed, till it found that tho security was identical with that. offered by tho nix Powers. Tho Daily News and the Chronicledenounce the actio:: of (he Power;;. Tho former )ikons the group to ;* blood-sucking money-lender, and in sorry that Britain is taking the lead in an unedifying business. In consequence of Sir John Jordan's action, the prospectus of the loan has been delayed. Tho prospectus of tho loan wan issued to-day. The loan in quoted at a quarter per cent, premium.
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King Country Chronicle, Volume VI, Issue 504, 28 September 1912, Page 5
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168THE CHINESE LOANS. King Country Chronicle, Volume VI, Issue 504, 28 September 1912, Page 5
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