Salt Lake Telegram | 1920-11-13 | Page 3 | Chinese Bankers to Supply Funds

CHINESE BANKERS TO SUPPLY FUNDS Consortium Is Unsatisfactory tory to Minister S I HONG KONG Nov 13 It It Is reported report report- ed that the ministry of ot finance in view of ot the reported unacceptabIlity of the terms of ot the consortium has decided to rely lely upon the proposals of ot Chinese bankers for furnishing the government with finances Note N Note Note-A A dispatch from Peking November November No No- vember 3 3 said leading leading- Chinese banker bankers bank- bank ers era a at a conference with the premier had Insisted that the government carry out Its program of retrenchment and a policy of financial reform They as assUred assured assured as- as the government that they would devise m means ans for tor supplying it with funds The Tho same dispatch adds that an announcement announcement announcement an- an had bad been made for an of ot- ot official i source that the government was In receipt of numerous protests from S merchants and gentry in the provinces against the he terms of ot the consortium I