Russia and China.

Manawatu Herald, 1 February 1898, Page 2

Russia and China.

+. . Reuter'g correspondent at Pekin states that the French banks have offered to provide the funds for the Chinese indemnity loan which Russia has proffered to raise, Russia undertaking to obtain concessions. Russia eulogises the difference between the terms offered by the French banks and the conditions demanded for the British loan. The correspondent adds that it is feared the Chinese Government will interpret the action of the British equadron in leaving Port Arthur as a sign of weakness. With the object of overcoming the friction which has arisen between Great Britain and Russia over the Chinese indemnity loan, the Chinese Government suggests that each shall take half the loan, fixing their own financial terms, the other conditions to be adjusted : between themselves. The Russian warships at Port Arthur are experiencing great difficulty in coaling. The belief is current in China that the withdrawal of British warships from Port Arthur indicates, irresolution on the part of ; England. j Russia \b inspiring rumours at Pekin that the ships withdraw under Rnspian pressure. , The Times says it would not be necessary to open Talien Wan B*y if an assurance was given that Port Arthur would be thrown open to oemmerce, and adds that France would be reluctant to support Russia's menaoes if Talien Wan were opened.