Coming Conference to Make Adjustments Chairman Not to Join Work Unless Money is Given From Our Owx Cosrsroxpent Nanking, June 17. in, June 7.
A very important meeting of the Chinese Eastern Railway Board li to be held this week provided some lof the questions are agreed to between the Chinese President and JSoviet Vice-President beforehand. The agenda of this meeting con-[tains a list of questions which may Jeause some friction between the two sides of the railway Board, but it is hoped that an amicable solution Jof the whole matter will be found.
In the present condition of trade Jand the fall in receipts owing to Jbanditary and other causes, it be-loomes absolutely necessary' to duce the expenses and at the same time to find means of attracting Jmore goods to the railway line Is suffering owing to the competition of the new railways built in Manchuria with Japanese capital, The Soviet side of the Board conders that the best means to adopt is further to reduce salaries, which they find to be too high, and with this object there have been several private meetings between the two bers are of the opinion that they will be able to persuade all those who will be present wt the next [Board and the Revision Committee meeting to agree with their views, pointing out that present expenses fare. such ne no. commercial undertaking of the same size would ever think of paying.
The Chinese, or rather as it is now called the' Manchurian side of the Board, consider that salaries have been' sufficiently reduc ready and, farther reductions not bring the desired result nor the financial situation of the enterprise, the only result being ti fat the Railway sta would be in Jo worse position than before a many of those who have served the railway for many years would leave demanding the whole of their pension money, in this way making Ie'more difficult. for the railway to meet her financial obligations than at present, They propose that the tariffs of the railway should be re-examined should be so re-arranged that they would assist in developing the coun-Try. Not only should the tariffs be made lower but, the whole. system of railway work should. be reorganized in such a manner that the best results could be obtained from the smallest expenditure. They consider that many of the "additional are at present c|run for railway accounts, a not necessary and that such enter) could be handed over to private persons who would be only too [willing to pay large sums for the right of exploitation, and would be able to run them very much cheaper' than the railway itself, which has General Ku Chu-tung, the chairman of the Kiangsu' provincial government, arrived in Nanking this evening to report to the Government on financial difficulties, fand to urge that measures devised for the raising of funds ty jeover the expenses of the Kiangsu provincial ent.
General Ku, it is stated, will not resume the duties of his office un-Tess ways are found to relieve Kiangsu of its financial difficulties,
Text read from the printed page and cleaned; old type leaves the occasional error.