Peking, Aug. 8.
A mandate, issued this evening, says: "Education is a matter of prime importance to the nation. Some time ago the Ministry, concerned, was instructed to prepare a fund for educational expenses. According to a petition from the Ministry of Education the interest on China's share in the Russo-Asiatic Bank has hitherto been devoted to education and this Ministry asks for China's share of the capital of the Russian Bank to be used as an education fund and for a mandate, confirming that plan. The suggestion is hereby granted. Thus the limitations of the Ministry's authority have been removed."
It appears that the Ministries of Communications and Education were recently at logger-heads with regard to the handling of the" interest from the Bank. _The Ministry of Education desired not to have China'e capital
Text read from the printed page and cleaned; old type leaves the occasional error.