Mr. Jamieson to H.M. Minister.
RECT
6.0.
7223
50 26
H.B.M. Consulate-Cenerki
Canton,
·
135
Bony to Hongkong.
IC 3
two copies,
sir:-
January 21, 1914.
7831
21 FEB 1914
At the request of His Excellency the Governor
I proceeded to Hongkong on the 16th instant to dis-
cuss the present financial situation in Kuangtung.
Two days previously a paragraph in the native
press stated that the Tutu had arranged a loan of
$10,000,000 with a certain British engineer - the
security being the spirit tax, the Canton Cement
Works and the Kuper Island reclamation, or prac
tically that offered to Mr. Hillier when in the
South. So many inspired items of news are inser-
ted in the Chinese newspapers for the purpose of
creating confidence in, and maintaining the exchange
value of, local banknotes that I did not give any
credence to this particular one, more especially
John Jordan, G.C.I.E., K.C.B., K.C.M.G.,
His Majesty's Minister,
PEKING.