waiting with no. little interest local community he boot for the reply from the Protocol Powers to. Dr. Koo's last gold franc mote. The diplomats have been hinting for some time that a joint note was in process of making and. that it would press has been on the viti vice for resent rtly, 80 the several weeks, It is now known, however. that the Legations have abandoned work on the draft reply and that ug more conferences will be held until Dr.
G. Schurman has returned to Peking and has had an opportunity to review with his col Jongues the results of conferences held in his absence. opinion amon Togations Hnero la "oe illersnes aunt China's obligation ta pay Franco in gold at the Prbtocol exchange of Fra, 3.75 per Hsi-Kuan fal. Dr, Koo's note has not made the slightest impression the diplomatic attitude. [While well worded and extremely blo ay the first reading, the arguments which he put fo ward were recognized by everyone with the least knowledge of finance to be superficial. and designed to contuse the issue and flatter the controversinlists of the Press and Parliament.
All this argument about. tele-other fecireaiiotains conte a nating Tioitain': grasp Th 4908 Prince'; Ksked ident) are preparing to" out the Protocol Powers to choose the liament "and prevent means and medium of payment to suit the convenience of each, Many, therefore, advocate that) Asa matter of convenienc Parliasient aboutd! take the 5 France choose tolegray re and proscribe its enemies, for of gold thereby forcing the Government's Protocol rate for Haikuan taels hand and advertising the issue to ut this moment." Nofther the id, after which the hor the Procol group force to. go. back on. the bargui with Prince Ching. in 1908, 'They are simply trying to hold China to ita shatter which ought not to be subject to any dispute and matter which, from the star', should have been none. of Par: Tiament'e business "since ii(me uss not only, as a chapman (order for investigavolves no new national obliga: fon and no. now understanding and prosecution) but an im-Ixtween China and the Powers peachment, which was referred to but simply the fulfilment of an old bargain which with all other Cheng Keh, the now' Minister of old bargains the new. Republic undertook to geapret when Interior, with others following, is programme is partly cognition wae extended in 1912 prompted by: the belief that the' hose points the Cabinet clear-Government will pay members. no. recognizes—probably "none hey would more alcorly than Dr. Koo and there can be te doubt thatthe out rather be driven out than starved Cabinet was on the point of making this recognition' public nearly a month ago when the
Text read from the printed page and cleaned; old type leaves the occasional error.