London, June 28.
"phe Times," commenting in, an editorial article under the capt "Ungoverned China" emphasizes that: the lack of a Central Government {a the root of all trouble, and Goubts whether one will emerge from the deliberations if Marshals Chang and Wu.
The article adds that the defence] of foreign interests is thus doubly igicult but that it is an inadequate excise for inaction. Plundering of] revenue and the hypothecation of foreign loans cannot be allowed to continue, whilst the attempt of the Shantung militarists to float a loan Secured on the salt revenue isa flagrant violation of the 1913, Re-Agreement.
Text read from the printed page and cleaned; old type leaves the occasional error.