Show CHINA AWAKES fROM SLUMBER 5 Navy to Be Created and Rail Railways RailI Railways I ways to Span the I Empire Pekin March 9 Financial represent representatives representatives athes of ot no less than ten of the most Important shipbuilding and armor man manufacturing manufacturing manufacturing concerns of ot Great Britain Germany and France are at tt t present in Pekin looking for contracts This ac at activity activity is Induced by b the belief that China Is about to expend in naval equipment Whether this is so or not is not yet definitely known but in any event it itla ItIs ItIs Is la probable that the he war department will let contracts for the tho building of training ships and river boats and the construction of various docks doc Its an wharves wh nes Several Loans Secured Since the beginning b of the year y or Chi China China na has been successful In concluding several railroad loans The total of the amount thus secured Is Of Ot this amount has been ap apportioned apportioned apportioned portioned for the redemption of con oa as assions and the foreign holders of f the largest concessions in China Chinti are arc hop hoping hoping ing to sell their privileges back to the tho government This Tills financial activity is Isa a a result cf ct the of ot the last twelve months for the restitution to China of the privileges privIleges and concessions held by foreign foreigners ers era known otherwise as the recovery ery Cry of rights movement nt More Money Coming Up The department of posts POS and communications communications which is promoting the re redemption redemption redemption of o concessions s and th thin or organization organization organization of Chinese companies Is about to secure a loan from British capitalists Sheng Hsuan HuiJ has been appointed vice president of th this s department The throne has hos announce its it a of the proposal to dr the Grand canal |