- CHINA TO GET
BIG LOAN FOR
IMPROVEMENTS
TOKIO, June 12 (Correspondence of
the Associated Press).—Eighteen prin
cipal Japanese banks have organized a
financial syndicate for the purpose of
advancing a loan to China as a mem
ber of the proposed new four-power
financial group. It is announced that
the Yokohama Specie Bank will repre
sent the banking syndicate in conduct
ing negotiations with the financial syn
dicates of the three other powers, the
United States, Great Britain and
France.
This consortium of American,
French, British and Japanese bankers
was organized in Paris in May last,
r at a meeting over which Thomas W.
Lamont of New York presided.
i Representatives of the so-called “Big
Eight’’ investors in China, comprising
the firms of Mitsui, Mitsubishi, Okura,
Kuhara, Furukawa, South Manchuria
Railway, Sino-Japanese Trading Com
pany and the Eastern Asia industrial
companies, have submitted a joint
statement to the minister of finance
and the minister for foreign affairs
saying that objects of investments by
the new syndicate should be limited to
the construction of railroads, the open
ing of government highways, and
works on rivers and canals. All other
undertakings, they declare, should be
left outside the sphere of the new syn
dicate.
It has been stated that the amount
of the loan which banking groups of
the United States, Great Britain,
France and Japan are to make to the
Chinese government probably will be
about $100,000,000, to be paid in four
installments of $25,000,000 each over
a period of years. The proceeds of the
loan, it has been stated, will be used
for the building of railroads and for
* the general economic development of
the country. Thirty-seven American
banks will participate in the loan.
CHINA HAS BANISHED
ITS OLD TRADITIONS
NEW YORK, July 23 (by Associated
Press).—The Chinese Association, the
most powerful organization of Chinese
in America, has ousted the Joss and
lesser idols from their temple in Mott
street, showing the present attitude
of China toward its old traditions.
Shoe repairing at red cabin, Ocean
dock. Half-soling, $2.00. Dimon Nick
aloff. P. O. Box 986.
The well-known “Westinghouse”
electric heaters are now for sale by
the Northwestern Hardware Co.
We always have a supply of
$ pasteurized sweet milk and cream on
hand. Also buttermilk and Bulgarian
buttermilk. City Dairy. Phone 187.
No one should be without an elec
tric plate, especially the kind with 3
different heats. Northwestern Hard
ware company.
If you do not receive your copy of
the Times regularly, please notify the
circulation manager.
COAST PHONE [
OPERATORSTO
GET RAISE
SPRINGFIELD, 111., July 23 (by As
sociated Press).—Vice President
Noonan of the International Brother
hood of Electrical Workers has been
informed that the wire control board
has agreed to the demand of the Pa
cific coast telephone operators and
wiremen for wage increases, retro
active from January 1. Seventeen
thousand employes are affected.
INTERNED ALIENS ARE
TO BE RELEASED SOON
WASHINGTON, July 23 (by Asso
ciated Press).—All interned civilian
enemy aliens, except those guilty of
advocating anarchistic doctrines and
those desiring to be repatriated, will
be released soon.
BRUSSELS CELEBRATING
NATIONAL FESTIVAL
BRUSSELS, July 23 (by Associ
ated Press).—This city began today
the celebration of the national festival
with a reception by the chamber of i
deputies in honor of President Poin
care of the French republic and Mar
shal Foch.
FORD LIBEL CASE IS
NEARING CONCLUSION
MOUNT CLEMENS, Mich., July 23
(by Associated Press).—The examina
tion of Henry Ford in his libel suit
against the Chicago Tribune was con
cluded today. He was on the stand
eight days.
VILLISTA BANDITS
TEMPORARILY DISBAND
EL PASO, Texas, July 23 (by Asso
ciated Press).—Villa and Angeles have
disbanded their forces until Septem
ber. It is announced that they will go
to Japan in an effort to obtain ammu
nition for the Villa revolution.
ALASKA MINING STOCKS
NEW YORK, July 23— Alaska Gold,
3; Alaska Juneau, 2r/2.
WILL DIRECT EDUCATION
OF EMBRYO JOURNALISTS
—
SEATTLE, July 23 (by Associated
Press).—Dr. Matthew L. Spencer of
the University of Wisconsin has been
appointed director of the School of
i Journalism of the University of Wash
ington.
-_
The Daily Times Job plant is
well equipped for all classe of com
1 mercial printing.
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Registered Optometrist and Optician
of Fairbanks
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Make an appointment today
Office Windsor Hotel
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i igart & Ri ibinson
DEALERS IN UP-TO-THE-MINUTE
Wall Paper
AND DECORATIONS
We also Do Painting, Decorating and Paper-Hanging. Estimates
cheerfully furnished for the best of work by experienced workmen.
"Bevo” Is Here
'f X I
It's a drink that surely fills the bill.
Delivered to the trade or families in
large or small quantities
FREI) HAEF, Distributor ;
___ i
Keist Furniture
Company
Is the Place to Buy
New and Second-Hand
Household Goods
OUR PRICES ARE RIGHT
Next door to Alaska S. S. Office
I----“
SPECIAL SALE
All of Next Week on
Entire Stock
No prices set, but come and get
some Good Bargains
THE REGENT
(MRS. JOHN NELSON)
Across St. from Modern Laundry
STEAM HEAT ELECTRIC LIGHTS
IIverland! otel
MRS. J. W. KENNEDY
Chitina, Alaska
POOL TABLE IN CONNECTION
BEST BRANDS OF CIGARS KEPT
The Burkhardt
Hand Laundry
and Bath
Burkhardt Flats
Neatly Fitted up with Large |
Porcelain Tubs. Everything
Clean and Sanitary. Open All
Night. Phone 61—three rings.
~~
Running between Katalla, Cor- 1
dova, Valdez and Latouche.
.
Trips made whenever weather
permits.
MATTHEWS & ARNOLD
| I
JUST RECEIVED
• .. .
A LARGE SHIPMENT OF
Good Friers
FRESH EGGS
FOR SALE
JOE FREY
Phone 22 [
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Bring your printing troubles here. We 11
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a
Prices no higher than outside figures on
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