Transactions Nanking, Apr. 21.
The Secretariat of the Executive Yuan in a communication to the Ministry of For Affairs instructs that foreign financial! interests should be warned against loan transactions with the Northern rebel leaders, Yen Hsi-shan and Feng Vu-hsiang to enable them to continue their defiance of the Central Government. The National Government, it is declared, will repndiate any loans contracted with the rebels by foreigners—Kuo Min.
With reference to the above telegram we learn that General Feng Yuchsiang, General Yen Hsi-shan and General Li Chu: have telegraphed to the Shanghai Bankers' Association stating that they will not recognize any loan given to the Nanking Government after April
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