Peking Chinese Paper's Trenchant Comment on Shanghai Chinese Merchant's Plat in to Debauch Country's One Solid Security Peking, Feb. 23.
The Peking "Daily News" confesses complete mystification regarding the motives of the various Shanghai organizations which have suddenly developed enthusiasm for control of the revenues vf the Chinese Maritime Customs, The paper says:
'At first they limited their expressed desires to control of the Consolidated Loan Service, but when they saw that the Inspector-General might with some alacrity toss the service into their laps they shifted ground, pecting to find Aglen' pronounced readiness to. relinquish custodianship of domestic loans. 'Therefore, realizing what such a relinquishment would mean to the market, they thought of something else, which, if accomplished, would be the first' step towards the ruin: tion of the Customs service, and incidentally the last step towards the ruination of China, "Tt is amazing" the paper says, "that business men are to be found at this critical stage of China's existence who are ready to tri with the one and only solid part of her financial foundation. Yet we find organizations in Shanghai, supposedly composed of responsible men, demanding the establishment of: an independent Customs revenue and Treasury.
Text read from the printed page and cleaned; old type leaves the occasional error.