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Tientsin-Pukow Railway Loan of 1910 £20 Chinese Uncancelled Bond with PASS-CO authentication - China

Inv# FB6145   Bond
Tientsin-Pukow Railway Loan of 1910 £20 Chinese Uncancelled Bond with PASS-CO authentication - China
Country: China
Years: 1910
Color: Green, Red and Black

Tientsin-Pukow Railway Loan of 1910 - Deutsch-Asiatische Bank - Berlin Issue, 5%, Capitalization 5 Million Pounds Sterling, £20. With PASS-CO authentication.

The Tianjin–Pukou railway, also known as the Jinpu railway (simplified Chinese: ????; traditional Chinese: ????; pinyin: J?np? Ti?lù), extends from Tianjin to Pukou, located on the outskirts of Nanjing in Jiangsu province. In September 1898, during a conference in London, British and German investors reached an agreement to construct a railway connecting Tianjin to Zhenjiang. By May 1899, the Qing government consented to the financing of this railway project, which included a series of bank loans. In 1908, the original plan was revised to extend the railway from Tianjin to Nanjing, specifically to the Pukou District situated on the northern bank of the Yangtze River. The construction of the railway commenced in 1908, and the Tientsin–Pukou railway was completed in 1912. The initial railway line featured a total of 85 stations, with 31 of them located in Shandong province. Until the completion of the Nanjing Yangtze River Bridge in 1968, rail traffic had to be transported by ferry across the Yangtze River to reach Nanjing, where it could connect with other railroads. Presently, this railway serves as a crucial segment of the Jinghu railway.

The Tientsin–Pukow Railway Operation (Japanese: ?????; early August to mid-November 1937) was an operation conducted by the Japanese army in North China, following the Battle of Beiping-Tianjin at the onset of the Second Sino-Japanese War. This operation occurred simultaneously with the Beiping–Hankou Railway Operation. Notably, the Tientsin–Pukow Railway Operation lacked authorization from the Imperial General Headquarters. The Japanese forces advanced along the Tianjin-Pukou Railway with the objective of reaching the Yangtze River, encountering minimal resistance. Their advance was halted at Jinan (36.67°N 116.98°E) on the Yellow River, as a significant portion of the Japanese troops was reassigned to the Battle of Taiyuan, with some being replaced by elements of the newly established 109th division. Following a period of stalemate at the Yellow River from November 1937 to March 1938, hostilities resumed, culminating in the Battle of Xuzhou.

Article relating to this Chinese item: https://www.bloomberg.com/news/articles/2019-08-29/trump-s-new-trade-war-weapon-might-just-be-antique-china-debt

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Condition: Extremely Fine

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $388.50