The record-union., 1898-01-05
Said That the Government Has Guaranteed
Sixteen Million Pounds.
Asserted by the German Press That
the Conditions Attending the
Loan Contemplate Offering as
Security the Land Tax of China,
to be Under Control of Eng
Hshmen, and a Concession OF
Territory.

LONDON, Jan. 4.-There is good rea-
son to believe that the British Gov
ernment is considering thS-<uestion of
assisting China to raise loan The
Chinese proposals on the subject are
urgently supported by the business men
here, who are interested in China.
The Evening News says it is re-
ported in the city that the negotia-
tions for a Chinese loan of tl6,000,0oo,
guaranteed by the British Government,
are practically concluded.
CONDITIONS OF THE LOAN
BERLIN. Jan. 4-The Cologne Ga
zette," on authority from the best-ln-
formed quarters in Paris, announces
to-day that since Thursday last i'm
portant negotiations have been pro-
ceeding in London for a Chinese loan,
the attempts made in Paris and st.
Petersburg TO arrange loan haVlnS
failed. China thereupon offered to con-
tract for f16,O00O00 in London, at the
same time asking the good offices OF
the British Government.
China, it appears, contemplates Offer
ing as security the land tax, under con-
troll of Englishmen, and that, further
more an Englishman shall succeed Sir
Robert Hart as Director of Chinese I'M
perial maritime customs. In addition
Great Britain will insist upon conces-
sion of territory. relative to which Sc
crecy. according to the informant or the
cologne Gazette" must be temporarl-
~ observed.
The Cologne Gazette adds that it is
understood Russia has renewed her
offer to China TO conclude loan in
Germany on more favorable terms
than obtainable in Paris or London.
OPPOSED TO PARTITION.
LONDON, Jan. 5.-The Times,
commenting editorially this morning
upon the statement of the Cologne Ga
zette" that since Thursday last nego-
tiations have been proceeding in Lon
don for Chinese loan upon the pro-
posed security of the land tax and ac-
cesston of territory, denies that Eng
land has any intention to demand ter
litory or take the lead in the partition
OF China. 1t says:
"Englands policy, on the contrary,
aims at the maintaining the Chinese
Empire as a growing concern and a
vast field for the extension of trade. In
pursuing this policy we are glad TO note
that England enjoys the powerful sup
port of the United States Government,
as well as the public government OF
that portion of the American people
which is not swayed by blind jingo de-
nunciations
The editorial considers the Govern
ment would be justified even in incur
ring reasonable financial risks which
might formerly be properly regarded
as outside the scope of Government ac-
ton" in order to combat measures re-
strictive Of trade which Russia and
Germany are seeking to obtain from
China in the shape of railway and min
ing monopolies and the like.
ITALY FAVORS GERMANY.
ROME. JAN At appears that Mon
signor Amer Bishop of the Province
Of Shan Tung, China. in his recent
visit to the Pope not only discussed the
developments in China, but had an un-
official mission from Emperor William
to enlist the aid of the Pope in behalf
of the naval bill, and il is believed
that The Pope, while refusing to inter-
vene directly in German politics, prom
ised to use his influence indirectly with
the Centre (Catholie) party in the
Reichstag in support of the naval bill,
having in view the interests of Ger
man Catholics in China
LONDON, Jan. 4.-According to a
dispatch to the Daily Mail" from
Rome Signor Crispi. the distinguished
italian statesman and former Premier,
has said in the course of an interview
there. that events in the Far East have
proved that Russia only sought the
French alliance to hamper France in
this important matter and that Italy
would get nothing by supporting Eng
land in Chinese affairs. while she
might expect much from supporting
Russo-German action"
HOSTILITIES ARE FEARED.
PEKIN. Jan. 4-The Ministers and
the Tsung Ii Yuen Chinese Foreign
Office) spent the whole of one night in
discussing the deposition of the Chinese
commandant of Tao Chou, Province of
Shan Tung. who is accused of having
used insulting language to a German
missionary.
The commandant has not been sum-
moned to Pekin for examination as
previously cabled. the difficulty having
been smcothed over. The general sit
uation remains unchanged. Hostilities
are feared. The German Minister
Baron Won Heyking. is understood to
be temporizing until the arrival in
China of Prince Henry of Prussia
HONGKONG, Jan. 4.-The British
cruiser Edgar has arrived here and
the British cruiser Grafton has sailed
northward The bulk of the British
feet is reported TO be at Churan, near
Ming Po.
UNITED STATES SHOULD INTER
FERE.
NEW YORK, Jan. TT is our duty
TO prevent the dismemberment of Chi
na." said Senator Teller of Colorado to
the World" correspondent in Wash
fngton last night. I'VE should join
with Great Britain in a notice to Ger
many and Russia that dismember-
ment viii not be permitted. Even with
out Great Britain, we should give such
notice. Almost our very existence as
a nation is involved. Should we per-
nit this we would have nothing more
than a mere existence.