| Show n TO PAY INTEREST IN JANUARY Chinas Burden Began egan on July Allowed Three Years Before She is Required to Make Payments Upon the Principal Debt ft s i i ti Washington July Jul 29 re received received by cable from Mr the he United Slates States special commissioner at nt lekin set out some dome of or the details of or the financial respecting the Indemnity not heretofore disclosed od He Its le reports report that the time Interest on the he Indemnity nit nit began to run rn on the first of oC Jul JulI 1 I of ot this oar ear or and anti the pa will I become due the first fint to tobe tobe tobe be met let January Ja nuary 1 next next China Chinn will wi be allowed three years before making the th first fr t payment on account of oC the tl cipal ot of the lie Indemnity The moneys both on account of ot the principal and amid In Interest Interest interest terest terest will wi be received by n R financial I Wi committee located nt at Shanghai to be known kno as a the committee ot or ment nent This will be b composed of or the th heads II adl of If foreign wl banks at al Shanghai N NIete selected by the governments interested teI In the time payments The Tie committee is II to distribute the th funds turned turne In by h the tho Chinese ROV eminent the he Vat var various r ious bus lowers In iii II proportion to the tho Inter InterN Interest est eat payments lament lant due lup them I 4 The Time diplomatic court at favors the Immediate application at of the new i tariff tart time the effect of ot which w h will wi be tu to abolIsh hUm the ti fret free tr Hot It except felt a s to ce cc Cj reals Mr Ir hOe has been Instructed 1 by l the he slate department to urge the ex exemption e emptiest emption from the th ii new nf nc rates of ot b now hOW attest afloat lit lie II l II is olim al aim to 10 try tl to secure aSsure a postponement of If the application of fit I V 1 the tariff until Importer In have hifle M had hod hll an to 10 complete contracts opportunity I IJ J at s1 i |
