China 1896 Chinese Imperial Gov Gold Loan Certificate
Stock, Bond & Notes
China 1896 Chinese Imperial Gov. GBP 25 Gold loan with coupon / 14 x hole punched. Chinese Imperial Government. 5% Gold Loan of 1896 - Original bond with 25 coupons no. 35 ( 10/1/1913) - 72. Coupons and bond hole punched ( bond with 14 holes ). Ser No. 10817 / Certificate in two languages/ German tax stamp. Issued in Berlin on 04/01/1896 / Countersigned by Deutsch-Asiatische Bank. This was a Anglo-German Loan to the Chinese Imperial Government. After it became clear to the Qing government that their finances weren't going to remain self-sufficient in light of the two Opium Wars, and the First Sino-Japanese War,the imperial Chinese court decided that it would have to raise capital through the foreign banking corporations operating in China. The Chinese defeats during these wars threw it into a state of turmoil, the Qing imperial government was plunged deeply into debt to pay for war indemnities making the need for foreign capital great. These foreign banking corporations had been established in the preceding decades then saw the opportunity to quickly expand their business in China to meet the Chinese government's demands. As a result Imperial China had to issue these Loans.Item #16807
Price: $120.00
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