The above summary of the situstion, it must be admitted, comes from sources which do not altogether view, the partitioning of China among military feudators as a satisfactory, solution of the present problem, bat it is given because the independence Jof Marshal Sun Chuan-fang is inimately associated with the situation in Shanghai and affects its entire Jeconomic hinterland. - It was hoped that Shanghai would not be involved in further civil wars, There is now talk in the "Allied" circles of a punitive expedition against Sun Churn-fang, although no name is yet suggested as leading it. Such of the present compl revolves about the question of revenue, Kiangsu ang Chekiang being excellent sources of revenue, and therefore a normal aspiration of those who believe that they are the
Text read from the printed page and cleaned; old type leaves the occasional error.