has 2 _-Suly 17.
The Ministry of. Finance has telegraphed to the Provinces so; ing that the special stamps in commemoration of the restoration of Parliament have been sent. to the provinces to a total value of $7,000,000. They had previously only been circulated in Peking and the near-by provinces. They were all of one and two cent value.
According to the "Sinuanpao" the Loyang warlords, Marshals Wu Pei-fu and Tsao Kun, ard preparing for war with Marshal Chang Tso-lin, of Mukden, Gen. Feng Vu-hsiang, the Christian soldier, having received instructions from them to proceed to Jehol, Suiyuan and Charhar and prepare to march on Chang. Should Feng again be victorious over the Mukden potentate he will later be sent to the south to deal with Dr. Sun Yat-sen in Kuangtung, after which he will proceed to Szechuan to subdue the rebellious forces there-
The Ministry, in its wire, says that they have the same uses as other revenue stamps and it requests the provinces to endeavour to put them into circulation.
Mr. Wang K'o-Ming's Refusal of Office Peking, July 19.
The result of the meeting of the Directors of the Bank of China came as a great surprise. It had been generally considered in both politica].and financial circles that the meeting was little more than a fornia] one fo accept Mr. Wang K'o-ming's resignation from - the Governorship of the Bank.. The news that he had been persuaded to remain caused an immediate fall in bonds which continues today. The expectation that Mr. Wang would take office caused a steady rise for several dai and those who had nade a profit hastened: to unload Mr. Wang, as Doyen of the Banking Association as well as Governor of the Bank of China, has a big influence financially and.his future steps will be watched with interest. The opinion seems to be generally held _in Chinese circles that he will not now become Minister of Finance and if this surmise proves correct his successor will be hard to find. No name has yet been mentioned in that connexion.
Text read from the printed page and cleaned; old type leaves the occasional error.