The Archive · 1926

Peking; Feb. 19

There is a dearth of nows but there is a movement of large bodies of troops of the First Kuominchua, Army towards Tientsin and Paoting-fu, The rumour current to-day that Gen, Yueh Wel-chun, Tuchun of Honan, has surrendered to Marshal Wu Pei-ta is discountenanced in sober official circes, Some officers wanted to capture the premier, "Hsu Shih-ying, but hho was warned in time and escaped Which is the real reason for his "resignation."

The funds raised for the Ne Year have proved quite. mad much below the published figures since from the Salt Gabelle, they Sir Ernest Wilton did not release beaten into an acceptance of al the Chinese reported, but only' the February collections' of the " first week, Hence the dissatisfaction of tke military here who have now become insatiable.

The session of the Tariff Revision Conference yesterday is generally regarded as an attempt by the Chinese Delogation to induce foreigners to commit themselves to a revenue of $90,000,000 or $100,000, after which the distribution o the burden was to have been left to the Powers to fight out amongst themselves. For that reason the Chinese made a surprising concession by agreeing to accept, temporarily, the Washington increases hoping that this would serve as a bait, The failure of those tactics to yield an immediate result renews the struggle and participants say that the Conference is much in the same position as it was on the pening, day. 7

Text read from the printed page and cleaned; old type leaves the occasional error.

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