THE CHINESE LOAN

Wairarapa Age, Volume XXXII, Issue 10711, 1 October 1912, Page 5

THE CHINESE LOAN

CABLE^NEWS X'C,-kitel Press Association ■ By Eh-c trie Tdegraph-rCopyright.)

TEE FOUR-POWER SYNDICATE. HOW IT IS "REGARDED. {Received Last Night, 9.55 o'clock.) BERLIN, September .30. It is believed that the Government has little faith in the. six-Power group, after the admission of Russia, and Japan. Disinterested financiers do not withhold their admiration of China's achievement,, nor lament the result from" ■a business standpoint. No .charges of breach of faith have, been seriously raised against Britain. t

Mr Morrison, who was recently ap r pointed adviser to the Chinese Government, in an interview with the Frankfurter Zeitung, said that everybody fcrtew the reasons for Japan and Russia entering the four-Power syndicate. Japan, despite the competition of her business men with tho keener Chinese, had not abandoned Manchuria, while Russia was less aggressive because she feared China more. Tho entering of the fourPower syndicate by Russia and Japan would mean an increase in their influence, but would hinder rather than promote that growth of China's powers which the six-Power syndicate originated. There were hopes of America holding', both Powers U\ check. A~GERMAN LOAN. (Received September 30. 10 a.m.) LONDON. September 23.. A Ohineso loan of two millior pounds is being floated in Germany. It is to he secured on Chinese railway and mining revenues. According to the newspapers i. forms part of the ten million Jop.r being raised for the Chinee ment by Messrs Birch aiic! Cn>p,