The Japanese are much pertorbed, and mot a Nitle incensed, over: this latest attempt to drive the yen out of the money market. General Chang Huang-hsiang had previous ly raised considerable trouble with the Japanese in this respect, but he had never succeeded in getting the yen driven out of the money market, though he employed a number of spies to watch the operations of traders. The Japanese are ce tain to put up a stiff fight again any further effort by the Civil Administrator to impede the citculation of yen in the north.
In the meantime, there is com siderable dissatisfaction on the part of the masses,' who no longer hesitate to say what they think. There la no doubt but that the people, on the whole, are fully in sympathy with the "Big Swords," and, what with the renewed activity of the latter and wholesale desertions from the cavalry and infantry, Manchurian authorities ing & very critical situation. Yet, as foreign and Japanese obser-the Marshal is not 20 yme for the unhappy state of affairs in the Three Eastern Provinces. His greatest fault, as the Japanese point out, ig that he ever left Mukden at all. Had he paid heed to the advice of his friends, he would have remained in Manchuria and tackled problems of which he had an intimate knowledge, instead of sallying forth to Peking to brave the fate of others before him,
Text read from the printed page and cleaned; old type leaves the occasional error.