Gen. Chen Ming-shu Returns to Nanking to Persuade President: Canton Delegates Interviewed FTER a series of rumours which seriously shook the markets where domestic bonds reached the limit prescribed, it became generally known in Shanghai last night that the political situation in Nanking had become highly critical, General Chiang Kai-shek was reported to be on the point of resign ing. The impending resignation was believed to apply only to his Political posts as President of the National Government and Chairman of the Executive Yuan and not to position as Generalissimo. Mr. T. V. Soong who had arrived in Shanghai was also reported to be contemplating resigning the Finance Ministership.
Whether these resignations, if actually made, will be merely temporary in accord wit ith a desire to give the Canton element their chance or whether they will imply a definite disappearance of General Chiang Kai-shek from active politics could not be ascertained.
In Funghua, his native place near Ningpo, it has been stated that is return there is imminent. Other reports suggested that he would proceed north.
General Chiang Kai-shek's announcement of tion is expected to be made to-day, according, to information obtained locally, but not confirmed by Nanking.
Pending the selection of his successor the head of the Government will be Mr. Lin Sen, the President of the Legislative Yuan. Mr. Lin Sen, who is 67 years of age and a Foochow man, was educated in California whence he returned shortly after the revolution of 1911.
Questioned last night the North-China Daily News", Dz, C. C. Wu, of the Canton peace del gation, stated that neither ko nor his collogues bad received any off Jai information of the retirement of General Chiang Kai-shek but an announcement was expected momentarily.
Tt was learned late last night from usually reliable sources that formal Jannouncement of the retirement of ithe President to meet the doicands lof the Canton clique ws been issued yesterday but Gener Chiang insisted that a couple of the Canton peace delega Mr. Wang Ching-wel Fo, should proceed to Nanking to take over the administration before he did so. For the purpose of persuading the two Cantonese lenders to proceed to the capital, he instructed General Chen Min former Chairman of the Kuangusni Provincial Government, who is now Garrison Commissioner for the Shanghai-Nenking-Woosung " Areas one of the Nanking peace delegates, to come to Shanghai, General Chen, it, is understood, took the matter with the Cantonese delegation who insisted thas Gen-feral Chiang's resignation should first be. publicly proclaimed before they could agree to proceed to ths capital. No other terms were agreeable, 'General Chen returned to the capital last night's express and, accord ing to the "North-China Daily Nes informants, he will report' to the President his morning. This being. the case tie how that Genera to-day.
long Will proclaim his resignation,
'Another report which was current lest nigh was to the effect that 83 soon aa he' had surrendered a 3
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