New York, May 8.
The Washington correspondent of the "New York Journal of Commerce" states that the only solution for the differences in China lies within the five Power Consortium according to the views of President Harding. Financial instability in China is regarded by the President as responsible for the chaotic condition in that country making possible the depredations of bandits and the kidnapping of American citizens, it was stated to-day at the White House.
The President was represented as feeling that the extension of financial aid to China would enable the establishment there of a strong central government, which would enable the betterment of economic conditions as well as provide protection for foreigners.
May 10.
Mr. Frederick W. Stevens, a member of the International Consortim for China, said to a group of financiers and businessmen at the Metropolitan Club last night:
"There are three attitudes which can be taken with regard to China. The first is the pessimistic attitude that nothing can be done for her. The second is that armed intervention from the outside is the only remedy, but this move has never turned out advantageously. The third is giving her moralized leadership, and from my knowledge of the Chinese people I am convineed that this is the only proper solution, one that can be brought about by Christian universities China."
May 14.
Mr. Edward H. Hume, writing in the "New York Evening Post," says: "Talk about foreign policing of China or about the League of Nations stepping forward to sup-
dirty is beside the mark. Let us port a method of suppressing ban-stand by with restraint till the captives are freed and reinforce, all the while, every agency, financial industrial, educational, that will build up China's strength from within. More schools, not heavier indemnities, is what China needs in a crisis like the present one.'—
Washington, May 14.
The Powers interested in the international consortium for the financial relief of China are expected to make strong representations to the Chinese Government with a view to inducing it to recede from its hostility to the consortium programme. _Practically all the interested parties, if is said here, are agreed that China cannot hope to extricate herself from the present condition of anarchy, decentralization and brigandage unless she takes advantage of financial aid which the banking groups of the different nations have offered to give.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.