Peking, Jan, 18, The departure of Mr, Chen Chin-tao, Minister Finance, reveals the most acute financial stringency of the past decade. The Government's present resources apparently are exhausted and local troubles are feared uring the Chinese new year unless funds are procured somehow. 'The present situation, of course, does not pllect properly' secured' Chinese bonds.
Dr. C. T. Wang has been offered, and has declined the post of Mia! ster of Finance to run concurrently with his present position, Another emergency meeting of the Cabinet will be held this afternoon.—Reuter's Pacific Service.
Text read from the printed page and cleaned; old type leaves the occasional error.