The Cabinet's resignation yesterday evening, which the President declined, instructing the Cabinet to carry on, is explained by the Cabinet Ministers as follows, They referred to Parliament's telegram to the provinces denouncing the Government in connexion with the alleged settlement of the gold franc issue. They stated that the Government was then obliged to circulate the truth to the provinces. To everyone's surprise Mr. Wu Ching-lien sent out another telegram again containing misstatements. "Since General Li Yuan-hung's Government promised the French Legation that China would pay the indemnity in gold franco, a plan which Parliament rejected, the "Minister of Foreign Affairs and the Minister of Finance have continually considered the matter without solution. In spite of our declarations, charges against the Government are still being made to the effect that we have taken' a different course, We, therefore, think that our sincerity has been questioned.and we feel that we ought to resign."—Reuter. 3
Text read from the printed page and cleaned; old type leaves the occasional error.