If we remember rightly, either Reuter or the Chinese Press reported some weeks ago that the Kuomintang were beginning a campaign in America against loans to Peking. The curious thing is that they should continue to think this necessary. Repeated assurances have been given by Mr. Thomas Lamont and Mr. F. W. Stevens that not only would the Consortium never dream of lending money to Peking except for industrial purposes, with every penny controlled by itself, but that, even if it wished to do so it could never raise the money for any other form of Chinese loan. The same truth has been emphasized again and again in these columns. It is rather hopeless work arguing with those who simply won't listen.
Text read from the printed page and cleaned; old type leaves the occasional error.