The Archive · 1922

Foreign Loans or Home Made

The Chekiang Tuchun's Appeal to Peking to Borrow in China A telegram has been despatched to the Peking Government and various organizations and leaders throughout the country by General Lu Yung-hsiang, Tuchun of Ché- kiang, in connexion with the present situation in China. We are indebted to the Kuo Wen News Agency for the following copy "Nowadays," says General Lu, "mary people are voicing their opposition to the Government, but have no constructive plans in mind. It is an easy matter to dismiss a rotten government, but it is not so easy to set up a new one. It is easy to destroy but it is difficult to construct.. There are many who think that a person who is able to raise the greatest amount of money is the person best Cabinet. suited for the formation of a@

"But to raise money nowadays it is necessary to make foreign loans. In my humble estimation, the cabinet which does not raise funds at the present time is the cabinet which is working for the salvation of China.

"People are talking about the redemption of the Shantung Railways. Can we redeem these ourselves? We can. The money can easily be raised among our people and the government which has the welfare of the people at he: should abide by their wishes, My creed is (1) that we should borrow no more money from foreign countries, and (2) that all matters relating to the finances of the country be open to the public for examination and discussion. With these two things in mind, I think, those in charge of" affairs will be able to save China.

"Regardless of who the next Premier is, or who the members of his! cabinet are, and regardless of what party or faction they belong to, they should be willing to abide by these two things before tuking over office. Otherwise let them consider carefully, for I will oppose to my utmost strength any person or persons who attempt to sell China's rights.

Lu Yune-slane."

Text read from the printed page and cleaned; old type leaves the occasional error.

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