SIDES, Peking, March 7.
The Government victory of Suifu, is sa.d to have been [olluwed by tele-dang ouao-yi and persons in Shang-ack, urging a resccful s=tt'ement of the Yun-Kuei affair, while in Peking, aWuuudg, on ounmcuaag dul others are also cooperating towards the same end. It is hoped that -ftcr the thrashing of the Yun-tan: se Ey the Government troops la souths tein chuan, the rebel leaders at Yunnanfu and Kueiyang:
wall understand their muitary weakness and the futility of carry. ing on the struggle. According to ichable private information,—ex: premier Tang Shio-yi and others we else secretly negotiating with General Tsai Ao and Tang Chi-yao for peace. Meanwhile, Li Liebchun and other leaders of the Sun Yat-sen party are putting obstacles in the way of o peaceful settle ent; but it is believed in responsible circles here that they can do rething serious if Tsai Ao and give in, because they influence in southwest There are now two questions under discussion, viz: whether a conditional Monarchy is better auited to Cina than a nominal Republic. The former suggestion is favoured by all Government officials, wealthy people, including merchants and wnoderate and middle-aged Chinese, because they believe thet a limited Monarchy with Yuan Shih-kai as Emperor is better suited to this country than @ nominal Republic as attempted during the last four years; while the latter is favoured by theorists who think China can do what the United States and French Republic are doing and that this country will become the model Republic in Asia. These men, owing to long absence from their fatherland, either og political _refugees or otherwise, know nothing about the real condition of the Chinese people and their customs and manners, A Japanese report says that after the cancellation of the monarchy, Yuan will be re-elected Despite the reports of a peaceful settlement Letwecn Peking and Ynanan, the Central Government still feverishly making preparations for the formation of a second and a third army cores for the suppression of the Yun-Kuei rebels. riginal from
Text read from the printed page and cleaned; old type leaves the occasional error.