CHINESE AFFAIRS
CABLE NEWS
f United I'rtu Atuiaatian —J3# Elw t&« l*Uyraiih—C<>yvr\6li.t.)
THE NEW AGREEMENT COMMERCIAL BAN'K INCLUDED. 1 1 (Received Last Night 10.15 o'clock.) LONDON, September 12. Renter states that tie Chinese agreement includes a Commercial ] bank with a capital of £2,000,000, of j which half will oe provided from tho head omoe, whicn will be in .London. Half the Board of Directors will be Chinese. RAILWAY SYSTEM. 70,000 MILES TO BE BUILT. FOREIGN ENTERPRISE ENCOURAGED. i . (Received Last Night 10.5 o'clock.) PEKING, September 12. The Government has empowered Dr f Sun-Yat-Sen to establish a Chinese Railway Corporation to carry out a scheme embracing 70,000 miles. Foreign loans will be utilised on the frontier provinces where CTiine.se control is essential. Elsew?T6re Chinese and Foreign companies will be granted concessions for forty years, when the lines revert to China. The Government is considering 1 throwing open the whole of China to | Foreign enterprise. > | ="
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https://paperspast.natlib.govt.nz/newspapers/WAG19120913.2.20.6
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Wairarapa Age, Volume XXXII, Issue 10719, 13 September 1912, Page 5
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153CHINESE AFFAIRS Wairarapa Age, Volume XXXII, Issue 10719, 13 September 1912, Page 5
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