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Lot 143: MARCONI LOAN
29 October 2016
Brussels, BelgiumLive Auction
Description: 27 August 1918 PEKING. 8% Treasury Bill for £500. Cat. KUL 431. red, yellow, black. No 1740. Heavy folds, several considerable edge-tears, repaired. No paper loss, what is unusual for this issue. Loan raised in London for £600.000. Kuhlmann states that half of the loan was to buy 200 wireless telephones for the army. The other half 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. New coupons attached.
Condition Report: F