(Peking, Dec. 6.
The interest of Peking's politicians is now concentrated upon an impending Cabinet reo-ganize tion." There seems little doubt in anyone's mind that before the end of the year, the majority of the present Ministers of state will have resigned. There are several good reasons for believing this. In the first place several of the best known—that is best known to foreigners—have expressed the determination to quit to their friends, No Money asp Nowe To Ger.
The shortage of public funds and the acute demand for money from a hundred quarters fills the lives of the Ministers with tribulation. So far as Peking's interest is concerned the Consortium negotiations are at an end. The foreign bankers have made it quite clear that loan for political purposes will be made to this government under any circumstances, for the simple reason that it is not enough of a Government. Loans for constructive purposes, for the building of railways and other public works in the provinces, do not interest Peking because with expenditures supervised such loans would put nothing in Peking's treasury. The situation is clearly understood on both sides. The Chinese reali; that it is a waste of time to talk about reorganization loans, and the bankers, who are not in any hurry to make loans are content to wait until China evolves a Government that is worth supporting or until she gets her affairs in such shape that she has leisure to think again of ports, railways, roads and other such prosaic matters.
Another reason for the resignation of most of the members of the present Cabinet is that they find it impossible to run a Government that will do them credit before the people and before foreign witnesses under the patronage of the militarists. Still another reason ig that since the parliamentary elections are coming on and since the present Cabinet has not served the one function of raising money which the military men deem of supreme importance, the militarists themselves are beginning to. think that it is about time for a change.
Mititary INTERESTS TO PRESERVE.
Tsao Kun and company viewed the negotiations between Chang Tso-lin and the Yangtze Tuchunos Wang chan-yuan and Chi Hsieh-yuan with that they exerted all their influence to force the appointment of old. General rang Shih-chen as Super-Tuchun of the Yangtze, hoping that he would-be able -to- check—the
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