]who are trying to save China' for themselves than the decision to Protect a part of the foreign loans jas far as possible, but to evade all responsibility for' loans subscribed to by the people of China, and from the proceeds of which' they themselves were paid.
"If, however, the Northern Imilitarists should' actually seize the Tientsin Customs they will not find the National Government powerless in its defence of the rights of the bondholders.
"As Minister of Finance of the National Government. I am not entering into-an acrimonious debate with agents of rebellious chieftains; but as the Chinese people have 'a right to understand the principles to which we adhere, I am Prepared to take up questions of this nature whenever necessary.' Kuo Min.
Text read from the printed page and cleaned; old type leaves the occasional error.