It tis plainly provided in the terms of different internal loan issues that the Customs surplus is specially reserved as_ their security. Therefore internal loans have a preferred claim on the surplus over all other loans of the Chinese Government. When we examine the agreements of those foreign loans as mentioned by the Diplomatic Corps, we find that they are all secured on something else. If their securities became worthless at present, it is the fault of the Central Government. There can be no reason why we holders of internal bonds should suffer loss on their account. We refuse to acknowledge the claim of the Diplomatic Corps that foreign loans have preference over internal loans in the question of security, and we beg you to consider this matter seriously.
The Chinese Bankers' Association.
The Native Banks' Association, from.
Chin sources states that many passengers were carried off. for ransom on Wednesday when Pirates attacked the str. Sunning which' was proceeding to Kongmoon from Hongkong.
Text read from the printed page and cleaned; old type leaves the occasional error.