Peking, Mar, 27.
A more sober attitude is, now observable among those who week ago were freely prophesying 2 major military clash this spring. Local exporters last week were rushing! through their shipments in anticipation of another breakdown of oilway communication with the en." The reason for this change of mind is hard to divine, Tt may be eenuse of the present "jumpy" condition of Peking. It is under. frood that Chang Tso-lin intimated to the British and Am fouls lost Saturday that he and Feng Vu-hsiang had agreed on their spheres of influence in northern, if not in central, China. Whatever' hal actually said, however, manquvring proceeds hindrance, and manoeuvring is usual-Jy just a' preliminary business to a real issue,
Text read from the printed page and cleaned; old type leaves the occasional error.