Canton, May 5.
The Kuangturg Provincial Assembly meets to-day. The Civil Governor in his report states that Kuangtung has an immediate debt of $12,000,000 and a military deficit for 1919 and other arrears amounting to more than $25,000,000.
The hundred members of Parliament who have remained in Canton have elected three administrative directors to replace Mr. Tang Shao-Dr. Sun Yat-sen and Dr. Wu Ting-fang. The new directors are Wen Tsung-yao, Lin Hsien-shih, Ta-chun of Kueichow, and Hsiung Reuter.
Keh-wu, Tuchun of Szechuan.—
Chinese Banking Law Revision Peking, May 3.
The Government has decided to organize a commission to revise the banking laws and regulations. The Chairman will be either the Vice-Minister of Finance or the Director of the Currency Bureau "while the members will be drawn from the Finance Ministry and Currency Bureau staffs. Tt is understood that the main object of the Commission will be a revision of the laws to provide against indiscriminate issues of. bank-notes.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.