Students' Letter of Protest to the Japanese Minister "If further Japanese loans are made to the Peking Government, the peace of the Far East will be threatened," is a statement made by the Chinese National Students' Union in a letter addressed yesterday to the Japanese Minister Peking.
After declaring that, hitherto, the Japanese Government has been carrying on.an aggressive policy towards the Chinese people by concluding secret treaties and loans with certain individuals in the Peking Government, the students state that they were reluctantly compelled to lead a boycott on Japanese made goods as there was no other alternative for them.
The students hope that the Japanese people will realize this and demand adjustments in their Goverament in order that an entirely new policy towards the Chinese people may be introduced which will resuit in our "taking each other's hands in friendship and ce-operation."
"We hear now," says the letter in part, "that the Peking Goverament is trying to negotiate a loan of $30,000,000 from you Japanese with the Kirin Railway as security.
to borrow $8,000,000 with It is also reported that it is trying the forests and mines of the Three Eastern Provinces as security.
"Loans are the cause of China's national sorrow. Trouble and suffering by our citizens will be prolonged if any more loans are made to Peking. If these reports are correct and your people insist on making loans to Peking in spite of our protests our hatred towards you and Peking will be increased and we will be compelled to oppose you. Such loans not passed by a regular Parliament are illegal and they will be considered but scraps of paper, and at the proper time will be declared null and void.
"Tf further loans are made by the Japanese Government or her merchants to Peking the peace and safety of the Far East will be seriously threatened. We hope, therefore, that you will bring this matter up before your Government. and financiers and dissuade them from negotiating any more loans with the Peking Government until the country is united and settled down in peace. We would also ask that you stop all or any loans that may now be under discussion by your merchants with the Peking Government.
"Awaiting your esteemed reply, ete.
"Cuinese NationaL Srupents'
Text read from the printed page and cleaned; old type leaves the occasional error.