The situation surrounding Ching Kee has had rather a wide effect.
Ching Kee was interested in several Tocal banks and those too are threatened, If they receive the treatment given to the Tsi Tung Bank a very serious local situation may develop, General Lu has an interest in the Tsi Tung Bank in Shanghai. Marshal Wu Pei-fu ordered that the local branch be taken over and all funds confiscated, can have amounted to little else as the military took charge and all money on hand was sent to Tientsin, Those owing sums to the Bank were given five days to pay for threatened with imprisonment, whilst those who held accounts were given no guarantee of the security:
their money. The whole affair took place very suddenly and large numbers are affected. To think that such a state of affairs can be allowed to exist is added proof of the contention that China is not yet capable of decently governing herself, let alone other nationals. Those effected in this case have positively no redress.
Text read from the printed page and cleaned; old type leaves the occasional error.