The letter that we publish to-day from Mr. G. Passen regarding an alleged run on the Bank of China is an illustration of the special care with which Chinese Press reports have to be examined nowadays. Apart altogether from the groundlessness of the alleged run on the Bank, which has plenty of money in its cellars, it may be emphasized that the Government is well provided with money for present emergencies from sources with which the Bank of China is quite unconcerned. Those Chinese, however, who are now trying in every way to prejudice the Government in the eyes of the nation, will not unnaturally feel that they have scored a success if they can damage the credit of Government banks. In the present instance they have failed. But it is as well to remember how many secret agencies are at work, for which vernacular journalism offers an obvious way of influencing the unwary.
Text read from the printed page and cleaned; old type leaves the occasional error.