'A deputy will be appointed to "Shanghai by the Governor of this province whose special duty will be to supervise the liquidation of the accounts of the two last Customs, Taotais of Shanghai. The main reason for the Government taking, this step is understood to be that an advance of Government funds was ade by ex-Taotai Tsai Nai-huang, during his tenure of office, to the) Chinese merchants to relieve stringent market. Theadvance was secured by deeds of mortgage on geal properties of lands, ete., of an insufficient value to cover the loan nce then their value has dwindled atill more owing to the troublous times and @ long stagnant market. As there seems to be no prospect any immediate improvement in the general tone of business, it is thought advisable either to press the merchants to redeem their properties, or to force a foreclosure and sale of the mortgaged lands, ete., as further delay is considered detrimental to the interest of both the Government and the merchant. "Should the latter course be, at length, pursued, the merchants would have to make good any deficiency resulting from the proceeds' of the sale not covering the whole amount of the loan.
Republican Holidays.
The President has asked the National Council to appoint three days of the year as National Holidays, viz, the 19th day of the 8th moon on which the Revolution was started at Wuchang, January 1, the day when the Nanking Provisional Government was established, and February 12, the day on which the Re public was proclaimed at Peking.
The Republican Flag.
The five-coloured flag has usually been made of five pieces of cloth sewn together. Now Messrs. Chao Chin-ching and Wang Wen-tien, both members of the Industrial Group of the Socialist Party, have manufactured a new flag of five co-Yours composed of a whole-piece of cloth, and measuring 5} by 8 feet. It is being displayed in one or two of the Chinese stores in Nanking Road and Sinza Road.
Text read from the printed page and cleaned; old type leaves the occasional error.