Les chemins de fer chinois

for the formal Loan Agreement of these two railways, which shall be signed four months after its conclusion.

Art. 9. After the signing of this, the Bank shall make an advance of Japanese Yen 20,000,000 to the Government without commission or any deduction.

Art. 10. The interest of the above advance shall be 8%, i. e. Yen 8 per year for each Yen 100. Art. 11. A similar amount of the Government Treasury Bonds shall be given by the Government for the above advance.

Art. 12.-In a period of each six months these bonds shall be changed when an interest for this period shall be given to the Bank.

Art. 13. After the conclusion of the formal Loan Agreement, the Government shall refund the above advances by the proceeds first realized by the sale of the bonds.

Art 14. The transactions connected with the delivery of the proceeds the payment of interest and the redemption of the above advance shall be done in Tokyo.

Two copies of the above agreement shall be made in Chinese and Japanese and one each be kept by the Government and the Bank. Should doubts arise in any point, the Japanese version shall be followed.

Dated 29th day, 9th month of the 7th

year of the Chinese Republic, etc.

Table des Matières

Introduction: Les Chemins de fer en Chine
Contrats obtenus par les différentes Puis-

Contrats et Options obtenus par ordre
chronologique
Conditions des contrats obtenus depuis 1911
Historique du Chemin de fer du Lung-
Tsing-U-Hai .

Contrat d'emprunt du Lung-Tsing-U-Hai
Historique de la Ligne du Tang-Chang
Contrat d'emprunt du Tung-Cheng

Historique de la Ligne du Pukow-Sinyang

Contrat d'emprunt du Pukow-Sinyang
Historique des Options japonaises
Historique des Options allemandes
Options allemandes. Contrat .
Historique de la Ligne du Ching Yu
Contrat d'emprunt du Ching-Yu.
Historique de la Ligne du Nanking-Hunan
Contrat d'emprunt du Nanking Hunan
Historique du Shasi-Singyi