$15,000,000 Ready for: Invest iment; but Security Doubtful Feow Oon Quew Conr: sroxorat Hongkong, Jan, 27.
Hongkong merchants are waiting to invest $15,000,000. in Customs loan bonds to' be' floated by Gen. Chen Chifang, commanding the military, naval, and air forees at Canton." In spite of trade depres-ere, local "merchants have funds for sound investments, especially those secured by the Customs surplus of the Chinese Maritime "Customs collected Kuangtung. This gave Gen. Chen Chi-tang and his colleagues an id to float the $15,000,000 bon ly for military expenses and partly for administrative purposes. "However, as the Customs surplus will be used the consent of the Nanistry of Finance has to be secured. with' the "Nanking. authorities. for agent in Canton is negotiatin
Approval to. use She Customs, sur plus of some $2,000,000 a. month security of the loan. The Nan-kering (mayor and garrison com-for of Amoy).
Gen. Tai Chi, formerly garrison commander of Shanghai and Woosung, who did: not wish to. associate with' "the People's Revolutionary Government, came here over two weeks ago. Now that the three divisional commanders of the 19th
secession from the rebel regime, Route Army have declared, rheic they are asking Gen, Tai Chi to go back to southern Fukien as their commanding officer. Gen. Tai will, however, sit tight until the situa: tion is clarified. 1
Text read from the printed page and cleaned; old type leaves the occasional error.