A GJREAT RAILWAY.

Otago Witness, Issue 2810, 22 January 1908, Page 27

A GJREAT RAILWAY.

♦ r PEKING/ January - 14. A contract has .been signed here vesting in the Chinese Government the construction and control of the Tientsin- Yang-t6e • railway. European chief engineers advise the ap--pointment of European auditors to, watch German and British bondholders' interests. Th© syndicate - will be compensated on surrendering the profits under the original agreement of 1899. A five million .5 per cent, loan has .been arranged. The price to China is £93, three millions issuing in 1908, two-thirds of the capital to be German and one-third British, proportionately to the respective lengths of tho section of each. — TOKIO, January .17. Japan has informed China that the proposed railway running parallel with the South "Manchurian railway cannot be built, because to do so would violate the spiritarid the letter of the Peking Treaty. , January 20. The action of China in defiantly disregarding Japan's protests against the proposed Hsin-min-tum-Fa-ku-men railway is causing surprise and indignation in Tokio. Japan has now- made three protests, the iast one being just prior to China sigfling the agreement with the British syndicate for the construction of the railway. ' A curious sight was witnessed at the grass fire at South Carterton, says th« , Wairarapa Daily News. A rabbit, with all its fur blazing, rushed out from som« nook in the burning area. A dog caught the animal v and put it out of misery. , _