The Archive · 1922

PEKING'S APPREHENSIONS The Usual Demand for Silver

CHINESE POLITICS

Peking, Apr. 18.

Much uneasiness is being shown in Peking. A run on the Banks! of China and Communications: started yesterday and is continuing to-day. Some of the foreign andi smaller Chinese banks are also. affected. The run is in no way} connected with public apprehension! with regard to the hanks in ques-{ tion but is due to the nervous de-! sire of the people to exchange all} notes for silver. As usual at such! times people are returning here! from Tientsin, while others are! proceeding to Tientsin to escape' the danger that follows fighting in! China.

According to telegrams from! Shanghai the Tuchuns of Chekiang' and Kiangsu, Generals Lu Yung-' hsiang and Chi Shih-yuan, are! about to despatch circular telegrams with a view to averting hostilities in the North. This, movement is receiving the active! assistance of General Ho Feng-lin,! "Military Commissioner at Shang-ai With the experience of 1900 still, fresh in their minds the people of Peking are taking steps to avoid ay tood shortage in Peking, if the; fighting begins.

The latest mediation is being undertaken by Mr. Chang Hsi-luar, the first Tutuh of Mukden under President Yuan, and General Chao Erh-hsun, Viceroy of Mukden_un-} der the Manchu regime, who have now gone to Mukden.—Reuter.

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

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