Chinese Affairs.
London, July 2. China has refused to pay the T uly instalment of the indemnity except at the rate of exchange prevailing on April Ist, 1901. Great Britain proposes to permit the payment of the indemnity in silver until 1910, as China would otherwise greatly suffer from the depreciation. Dr Morrison, the Times correspondent at Pekin, states that M. Rocher, French Consul-General, representing an Anglo-French syndicate registered in London, has secured a concession for sixty years of eighty-five coal, copper, nikel, quicksilver, pretroleum, tin and other mines, covering one third of the province ol Yunnan ; also the right to build branch mineral railways and canals. An Imperial edict approves of the concession.
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Waimate Daily Advertiser, Volume IV, Issue 225, 5 July 1902, Page 3
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114Chinese Affairs. Waimate Daily Advertiser, Volume IV, Issue 225, 5 July 1902, Page 3
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