Deseret Evening News | 1902-01-24 | Page 3 | Electricity in China

1 lot IG I In III Chum II Now Ne York An J cn n 2111 Is IH lIkely cly that American capital will vill hull bull equip UIl awl u ci operate onorata tho the first nr t railroad rill In n China Chinn It ft has had been learned that prom broni promInent banking houses In III this city Inter ogled lIsted In III local traction companies were Iro preparing to tu Invade lo Shanghai That city for tor or propositions to build operate a it railroad there theme The Shanghai stipulated that prop must ho bo made b foro March 2 of ot this year 1111 American electrical com coin companies Immediately began to consider the tho proposition but hut because tho the were ero averse to 10 operating o In III addition to con coil and till tile plan Pla wim conceived to form torm n II company This thin firm does busIness s iti lii China and andone one of or Its itA members lives Jives In Shanghai He already turn has been beell appointed fur far r tim tho International corporation A London company probably ably will compete compote for tor the tho contract