PEKING/LONDON. 8% Treasury bill of £100. Cat. KUL 430. yellow, red, black. #1500. No 36. Folds and repaired edge-tears at the top - in above average condition for this type. New coupon sheet taped on the back. Loan raised in London for £600.000. Kuhlmann states that half of the loan was to buy 200 wireless telephones for the army. The otherhalf was for current expenses of the government. The only Chinese bonds known, hand signed by a Minister, Kung Hsin Chang, who has signed as Minister of Finance. He became President of the Central Government. This bond has the low number 36.
Themes: CITY & STATE BONDS, TELEPHONE & TELEGRAPH
CHINA, GREAT BRITAIN
Date: 27 August 1918
Startprice: € 160