Peking, Jan. 12.
It has been generally known for some time in Peking that Chen Chiung-ming had purchased the most complete and modern arsenal in China, that this arsenal was formerly American Government property and that it was originally consigned to the Kuangsi military in Kuangtung. But how all this came about, how the arsenal, which constituted a very large shipload, got out of America in the first place and how it was landed in Canton while the arms embargo was in effect—these matters have not been so clearly understood and only an outline of the story is now available.
If we had the story in all its details it would undoubtedly be a fascinating one for the little that is known of the deal indicates that the smugglers—American, British and Chinese—who contrived to evade the regulations of their several countries and and a couiplete munition factory and five seaplanes in Canton with every show of legal exercised more than ordinary genuity,
Text read from the printed page and cleaned; old type leaves the occasional error.