Peking, Sept. 27.
It is semi-officially stated that the Government has virtually.completed its financial arrau; ts to meet tha obligations of the Mid Autumn Festival and also until the end of the year.
The th Year Loan will be divided into four equal monthly ets. Tha Banks will take six per cent. discount, so that each monthly instalment will yield to the Government $2,100,000.
It is proposed to issue debentures to the valua of $2,000,000 for a period of 10 months at 10 per cent. interest, secured on the Salt. Surplus, which will be used for Mid-Autumn expenditure. It will thus be possible ta make substantial payments of arrears of salary on settlement day while the monthly iastalments of the Loan will enable payment of 70 per cent. of military and police expenses and also salaries of Members of Parliament, leaving a balance of $50,000 to be derived from other sourced.
After the festival the Government intends to make definite proposely to the Tuchuns regarding disband: ment of troops.—-Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.