City-wide Search for "Blue Shirts" Continues Tokyo. June Failure to-day threatened the hitherto-successful negotiations for the redemption of Japanese loans to China, as the Nanking Government informed Japanese bondholders that a drop in Customs revenue, "due 10 Smuggling in North China," would prevent 1t from Reeping its word.
The question deals with the repayment by China of ¥.32478.400, re-Presenting the bulk of principal of a 50,606,100 loan that fell due in 1929.
Information on the subject was ce. veyed (0 assembled financiers interested in the matter by Dr. K, Uchida, managing director of the Oriental Industrial Ca, who recently returned from Nanking where he discussed the matter with Chinese officials.
Strong opposition was voiced against accepting what was described by speakers. as "Just a subterfuge" of the Nanking government on the grounds that it would establish "a Dad precedent." No decision was, however, reached, "Another meeting at which the atludo of the bondholders will be set~ Hed Is to be held soon, id. in June, 1022, cor~ ried' an annual Interest of eight per
Text read from the printed page and cleaned; old type leaves the occasional error.