Document Features
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Languages: The document is written in both English and Chinese, highlighting its use in international markets.
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Interest Rate: The loan offers an annual interest rate of 5%, common for government bonds of the era.
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Loan Value: The total loan value is £6,000,000, with individual bonds issued for £20 each.
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Design and Symbolism:
- Green and Red Colors: The document features prominent green borders and red seals, symbols of prosperity and authority in Chinese culture.
- Ornate Patterns: The decorative elements include floral and geometric motifs, reflecting the aesthetic values of the period.
- Locomotive Illustration: The top of the document shows an illustration of a locomotive, symbolizing progress and modernization.
- Official Seals: The document is marked with several official seals and signatures, adding authenticity and legal validity to the bond.
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Administration:
- The loan is signed by high-ranking Chinese government officials and representatives of the Deutsche-Asiatische Bank, underscoring the international nature of the loan.
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Terms and Conditions: The document includes detailed terms and conditions in English, outlining the rights of the bondholder and the obligations of the Chinese government.
Historical Context of the 1911 Hukuang Railways Loan
In 1911, China was on the brink of modernization and sought to better integrate into the global economy. The imperial government aimed to secure international funding to build and develop the railway network, crucial for stimulating trade and economic development. The Hukuang Railways Loan was part of these efforts, aiming to attract foreign capital to support infrastructure projects.
The construction of the Hukuang railways was seen as a crucial step in connecting different regions of China, facilitating the transport of goods and people. The loan was guaranteed by the imperial government, providing assurances to investors and demonstrating China's commitment to honoring its debts.
Conclusion
This loan is not just a financial document but also a historical artifact that sheds light on the imperial China's efforts to modernize its infrastructure and integrate into the global economy. Collectors and historians value these documents for their historical significance and their role in China's economic history.
Tutti i documenti storici in vendita si intendono da collezione. I documenti non hanno nessun valore economico o finanziario (no economic or financial value).