"From a reliable source it was learned that Borodin was not leaving China because he had been asked the Hankow "government" to do But rather, being a man of the world, he knew when the end of the rope of his usefulness had been reached. and therefore voluntarily swung out from his sphere of spreading subversive pro 10, however, very evident that was the occasion for the final pre-capitation of events that resulted in this crowd turning their faces toward the Gobi desert and back to moscow.
Simultaneously with the suppress. sion, dismissal and expulsion of these utterly irresponsible Bolshe-vis, political, commercial and social conditions are on the improvement! In these parts. And in view of the resent suppression of Communism in this land, both China and the! world has great reason for thankfulness that there has been avoided what would indeed have been greatest sorrow."
gust 12—The local daily paper last night published a telegram sup-Posedly from Hankow by Wang [Ching-wei demanding that Borodin arrested at once. The editor ostensibly as a friend, advised him leave quickly in view of his many enemies, Early this morning the museum was a busy. place, and noon Borodin and his 22 "bluebea: had left the city and were on their way to Russia. ally be paid off within eight years, ties, amounting to 000,000 namd; to wait two years for the payment: of the original. After that, the Payment of the entire amount will }be spread over the period of vight! years, the rate of interest being uniformly reduced to 7. per cent. per annum.
To an outsider it would 0k as if the Dockyard will have ta make lot of money to mest such huge obligations in the coming years.
For immediate requirements Mr. Matsukata proposes to mortgage his plant and get the necessary sccommodation of Yen 20,000,000, Unfortunately, however, the Industrial Bank of Japan does not appear willing to oblige him, This difficulty constitutes a great stumbling block, Dut it is believed that Mr. Mat-sakata and his friends will be able to secure the money somewhere and somehow.
An important development in connection with the Kawasaki Dockyard is that the litigation between! the Dockyard and Okura & Ca. for the payment of big iron supplied by the latter to the Dockyard has finally been settled out of court, This law suit has involved the sum of over eight million yen and the ease has been in the hands of lawyers for the past eight years. The settlement provides for the payment of Yen 3,000,000 by the Kawasaki Dockyard to Okura & Ca. who, how-_ ever, will have to wait just like other creditors for the payment of {this money.
The work of naval construction at the Dockyard has been taken over, and is being carried on by the officers of the Japanese Navy. A Large number of men are engaged in this work, but others numbering '3,000 were discharged—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.