The following. translations from the Chinese press presage a local revulsion of feeling against unrelenting taxations. The first, is a telegram from the Shanghai Chinese Bankers" Association and the Chinese Native Banks' "Association to the Nationalist Government in Nanking, regarding the-coup in Canton?
'According to telegraphic information received from Canton, Minister 'Koo, in an endeavour to' maintain the value of the notes of the Centeal Bank, insisted onthe banks and the Chamber of Commerce raising large Toa. As the money was not raised, he issued orders for" the sealing of all banks and shops and held officials of the Chamber of Commerce and banks as hostages. Since receiving this information, we fare of the opinion that such action, which is entinaly contrary to. the [wishes of the people, has never-been contemplated even by the Wuhan Communists, but has been taken by inister Koo on his own initiative at a place where the revolution was} founded. 'The public are highly indignant over this matter. We are the opinion that according to the Principles of economies, the bunlc and native banks are' enterprises established to balance the financial market and to work for the benefit of the Government. and community either ina direct or indirect manner. Therefore, these institutions hav certain responsibilities. "Tf the Government fails to deal with the banks and native banks equitably, will mean misfortune for the country, as well as the community, genera "While in Nanking, Minister Koo committed many absurd deeds which were obviously responsible for the financial crisis in the Nationalist Government. " Of late years, com merce in the country has suffered greatly as a result of the military activities and those who- auiftered most-were-the people connected with bats axd-native-banks. 'The-authorities ook upon-the hanks as their /sibordinate institutions from which they stake "and expend money. unlcensingly. hey'trequently oppressed them anil -even prohibited "the.export of silver. Being earnestly' patriotic, we did and continue to do our beat to render assistance to the Government and. expect to be able to take a rest.as do-also the people, in -order to recuperate our financial position. Unfortunately Minister Koo has taken this extraordinary step thereby injuring the ial "enterprises in Canton, This is extremely regrettable, Accordingly we have despatched a telegram to the Canton Provinciel Government requesting it to unseal the various "banks and shops and release their delegates immediately 0 as to appease the public. We also forward you this telegram with 'a request that the Canton Provincial Government be ordered to act in accordance with our petition and dismiss Minister Koo from _his office. 'The people will lose their earnestness and love of the country' if the Government fails to show: eympathy'forthem. The people and. the Government are closely related and "have common interests; one feannot exist without the other."
Plea to: Provincial Government The second telegram is from -the same bodies to the a Canton Provineial Government:—
"Aecording'to telegraphic information received from Canton, Minister Koo, in an attempt to maintain the value of the notes of the Central Bank, ordered the Chamber of Com merce and the various banks and native banks to raise a large loan, which, however failed. He thes isted orders for the sealing of all the banks and shops and detained, the delegates of the Chamber of Commerce and banks. Since roceiving the foregoing information, we have expressed the opinion that such unmerciful action, which is entirely contrary to the wishes vf the people, has never been contemplated even by the Wuhan Communists, but has now been insolently adopted by Minister Koo in Canton which is the principal revolutionary' base. The public are highly indignant over this matter.
"Investigations show that while in Nanking, Minister Koo introduced!
Text read from the printed page and cleaned; old type leaves the occasional error.
