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“.... At his instance a wealthy Chinese is erecting
a mill to weave woollen cloth for army use, and alongside of it is
a tannery to tan leather for military accoutrements.
When once the local money market has completely recovered
itself it is not unreasonable to assume that a demand for machinery
will set in, as already many inquiries are being made. Coal-fields
in Western Chihli are being tapped by a German firm, working some
30 miles west of Huai-lu on the borders of Shanhsi; Honan wants
flour mills, and altogether future prospects are bright.
One of the principal shipping companies, trading to Tientsin, is
about to break down the monopoly of the Taku Tug and Lighter
Company by acquiring a fleet of tugs (3) and lighters (16) of its own.
The strength of the garrisons maintained by the Foreign Powers
at various points in Chihli to guard the approaches to the capital
amounts to 8,500 men, of whom 1,860 are stationed in Peking and
3,600 at Tientsin. Each nationality has its own system of field...”
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