The Hongkong merchants are a little chilly. towards Koo who was concurrently Commissioner of Finance in Canton a little over a year ago, at which t me the banknotes of the Central Bank of China depreciated, when as a means to stabilize the notes, the merchants were forced to lend 40 per cent. of their capital as a reserve fund for the Central Bank,—The notes recovered their value shortly before the Iron-sides' coup, but not a single cent has been repaid to the unfortunate merchants. The notes fare now at par, yet none of the creditors have been paid. All merchants declare that Koo's $10,000,
Text read from the printed page and cleaned; old type leaves the occasional error.