REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | CONDITION | VALUE |
---|---|---|---|---|---|
101s | $1000 | specimen, green, ABNCo. with coupons | ? | VF | £6000-8,000 |
China: 1921 20-Year 8% China – Federal Radio Administration Sinking Fund Gold Loan
Contract signed in in January 1921 for a $6,500,000 loan for the installation of wireless stations on behalf of the Federal Telegraph Company of California.
There were immediate protests from the British and Japanese legations on behalf of Marconi (British) and Mitsui (Japanese) companies who had already signed contracts for wireless installations. The American Government refuted the protests as did the Chinese Government.
However in September 1922 a new corporation, The Federal Wireless Company of Delaware was incorporated to take over the contract. NO work was done as discussions as to the validity of the contract continued well into 1930. It is doubtful whether this loan was ever issued.
1921
Country: China
Theme: Foreign Loans