OCR Text |
Show WILL USE LOAN TO EQUIP RAIL LINES SANTIAGO. Ohil?. Feb. 1? General ImprQvementa on the Chilean utate full way and purchc.se of new equipment equip-ment and the liquidation of the deficit accumulated during the pat two years will be carried out by means of th loan of 9 1' 4. 000 .004 negotiated by the Bank of Chile and a group of North American bankers. The loan, which was mads through the Guaranty Trust company of New York City, will mature in twenty years, but may be repaid before that time at the option of the Chilean government. Fifteen per cent of the gross earnings of the stats tines will le set as id tar like payment ut Uia luo, 1 |