Peking, Feb. 15.
Sir Charles Addis was the guest of the Chinese Bankers' Association this evening at the Chinese Chamber of Commerce, where he delivered a most _—_interesting address. Sir Charles referred to the part education would play in the healing of the unhappy divisions in China, but contended that the unity which every sensible patriot desired would not come until public opinion was ready for it and that would not be until the intellectual classes and the business men had joined hands. He commented most favourably on the remarkable increase in number and importance of native joint-stock banks and their ce-operation with Public finance, and indicated the Consortium's readiness to finance constructive enterprises, while it was ready to ce-operate with Chinese banks: in finding a solution for China's financial difficulties. But if the foreign and Chinese investor were to be attracted, he must be satisfied that he would receive the interest on the due dates and the ultimate return of his capita).
Neep or Foreigy Supervision.
Since all experience of such transactions in China had shown that an effective degree of foreign Supervision was indispensable, because China had not yet evolved 2 satisfactory system of control of public expenditure, he thought that the time had come for a frank exchange of views on this vital point, but he emphasized that such measures were merely temporary: and would be relaxed as soon as possible, Sir Charles Addis considered that the unification of the railway systems of China would be an im-
Text read from the printed page and cleaned; old type leaves the occasional error.