We understand that the correspondence that has parsed between Shanghai and Pekiog since the Peace Conf The proposal advocated by H. Tang Shso-yi was that a National Coo. tention should ba called which would i at Navkiog and decide upon the questi of the form, republican or monarebi that should be adobed for the constitatiao of China, Ths members of the Conference would be appointed by the as Provincial Assemblies or Gorerors.
There is reason to be tion of deputies of all provinces and all dependencies, as well as the fixing and carrying out of the election regoletions, mould occupy several months, and on account of the present agcertainty of all rods and commoniestions would make it very diffical: to bold the congress at the fixed time. He therefore ked the revolutionaries once more to the proposi into mature consideration, after which he was ready to sub-nit to the Cvort, Yoan Shih-kai ix resolved to decline the presidency of the Republic if it be fered to him, The Princes of Toner Mongolia are sopportiog the Peking Government.
The issue of " national patriotic loan has resulted in xub-criptions to the amount of Te. 3,000,000. same time that be before Yoan Shih kai, Tang Shao-y\ telegraphed to outsin' foreiga L-getions la Peking asking them to their inflaence with the Premier to accept the ides, and that these Leys tions have done so, The Ovavention, if sammonsd, wold called in reeponso to aa Etict isvaed by Yoao Shih-ksi, If the Maachns can be persaaied to secede to the Conveotion—and the formidable concentration of troops here and in Naoking is considered likely act as a powerful argament—there ix reason to believe tha: it will be readi scooped by the republican party in 0 Shanghai.
At the same time the repabl: decision, at time mi rol clay in respec of
sed by Yuan Shih-kai to ohta and strengthen the Imperial position, It seems improbable, there fore, that the armistice will be extended beyond next Sanday for avy purple bat that of " Cooventim.
A private meatiog took place yeater-day betmera Tang Shan-yi and Dr. Wo Ting-toeg to discuss these points.
Text read from the printed page and cleaned; old type leaves the occasional error.