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THE HONGKONG DAILY 、 PRESS," SATURDAY, MAY 3RD,
AMAZING SCENË AT EMBASSY.
CHINESE MINISTER MOBBEN BY STUDENTS.
CHINESE BANKERS'
-CONFERENCE. ". PRESSING FOR SURTAX REVIEW OF NATIONAL CHAOS,
TEA POT STRIFE IN TOKYO, PERING, April 23rd.
PEKING, April sath The Fifth Annual National Bankers'
The story of the storming of the bi- Conference held its closing session yea
hese Embassy in Tokyo by the Chinese terday morning at the Peking Bankers Association. Besides making final tourbeslents there and of His Excellengy en various decisions reached at the pre. Wang Yun-pao's subsequent flight through sions sessions, the delegates assembles the hati door has just reaches Peking passed the following declarations to be through an official channel.
The storming of the Chinese Embassy insured to the public. Before the session was miljourued. Nanking was chosen as vag due largely to the dissatisfaction of the canference place for the 1923 ssions, the Chinese students in Japan with the
The declarations read as follows:-
་་
way in which the Chinese Minister has
The pelitival turmoil of the country distributed the subsidies to the students as prevailing both at Peking and in the furnished by the Japanese Cultural Re- provinces has résulted in one unique and of Commission. A sum of" 8400,000, was unfortunate situation, maurly, the inerenti agide lat year by the Cultural ed hardsip of the people's living and the Baronu for the use of the Chinese stud- fearful abundance of the bandits and out-eats in Japan. Upon his assumption of laws. The principal causes of sich a office Minister Wang distributed $225,000 situation, are attributed to the fact that to the needy students, but home to those anaverwhelming amount of national tiovernment and private students who are venue is disposed of every year for miliwell supplied with furils. The Minister tary purposes and hence the Gnanciallato asserted that the balance, viz.. state of affairs of the gauntry is rendered] 8175.000, kuid heen taken back by the Treasury and Lavernment into disorder and, tunuli. As a rouse Lapanese
The quelce, commerce and industry have been would not be given out again. greatly disorganized and starvation bas Japagese Governanent did not desire to become a conunon phenomenon, thus the sive allowance to the Goverment and
private students. mass of people are being helplessly driven
Governacht and private students called to no other living except brigandage. later at the Japanese Foreign Office and The economic entity of the nation has found out that the Japanese Govern- bera virtually broken down. and ment did not discriminate between-the remedy for the situation has been Tong different classes of Chinese students in sought for..
Japan. Finding that they were not tokl the truth by the Chinese Minister, and Realizing the seriousness of the stusbelieving that his distribution of the sub- tion and the importance of financial re-sidies was really unfair, all the Govern organization, the Government appointed ment and private students went to the some time last year a Commission for Chinese Legation, demanding to, see the the Readjustment of Finance of study Minister for an adequate explanation. details of all problema of financial dif Minister Wang Yun-pao refused to sec culties of the nation. A preliminary re them at first, but upon repeated pursun- port covering China's principal receipts sion he came out in great anger. The and expenditure was pabashed recently students areased him of unfair distribu by this Commission, chief features tion and went the length of insinuating
PEKING'S DEFICIT.
of the cument show that the net in that Minister Wang intended treping the come of the Central Government repre balance of $175,000. A het exchange of followed. which expressions sents only 7 per rate of the amennt abusive that it might to have received, and the prompted, the students to resort ta force. amount spent for administrative purposes) Minister Wang had no choice but to is only $7,000,00 a year. Insthan & sy run away, only to be closely followed by vent. of the actual weipts. The total the students. Some of the attaches and expenditure every year reaches some secretaries of the. Legation threw "emps where around $120,000,000, an amount and tea-pots at the on-rushing students. nearly as big as 17 times the meage and wounded many of them. The fren- amount that is at the free disposal of zied students rushed into the Embassy to the Government. that is, $7,000,000. Be get hold of the Minister to give him a sides. the figure of the ansegared in sound beating, hut fortunately he had debtedness, domestic and foreign rom time enough to escape, with the assist- Lined, amounts to more than $723,000,000, ance of an attache, through the hack
sum of Hability China has to liquidate door.
The only way of hope signet or later. that these financial diffienities of Chim! can nadequately be sclred rests in the per cent, additional Customs surtax. All the window panes were broken. The
Seeing that the Minister was already gore, the students tented their wrath hy destroying the furniture of the Legation.
yet there is no sign that the Special One- toms, Conference as proanised by the Washington Conference will be held in the immediate future. Sneh being the: financial conditions of the country, there tie immunity.Nippon Demjo, should he go doubt that these problems! should be the coraan subject of worry of all well-wishers of China.
Japanese policemen who care to the not enter the Legation owing to diploma- rescue stood there helpless, as they could
try.
NATIONAL CREDIT. "
1 ป
THE CORONET.
When people talk about a film as they
The national credit is the foundation.
are talking about "The Hunchback of of all financial undertakings of a co-
China's credit has been suffering of Notre Dame you may be sure that great impairment hely, and there it is worth seeing. After all, the proof no hope that it can be restored as long of the photoplay is in its reception by Artats may the cinema-guing public. as her yast amount of indebtedness re-
in liquidated an unadjusted. Inti proclaim its beauty, actors its histronic her credit is restored, she will have had appeal, "and-Historians its technical enr times to get funds needed for her recon reetness, but it is the public who are struction and her people will not dare the final judges, and their verdict is to make investment along industrial and based on one factor, and one factor alone commercial lines. The amount of yearly interest for her total indebtedness of $723,000.00 requites
than In dras $100,000,000 Therefore, further delay of the Special Cestoms Conference incans farther delay of the readjustment of her unsecured indebtedness.
does it entertain? That "The Hunch- hack of Notre Dame," does entertain is! speedily apparent to anyone visiting the Coronet Theatre, where this masterly film version of Victor Hugo's famous novel is now showing to crowded houses daily.
It has been stated that the postpar sment of the Special Customs Conference
The question of China's finance often is due to the unsettlement of a few diplo matic questions. It seems that diplomatic has close international relationship uni controversy should not be allowed to en- hence international obstruction often tangle with the Spreid Customs Confer- arises. In our opinion, this is an errone- ener, as the unsettledaess of every diplopus policy on the part of our foreign matie question has its particular reasons, friends. China's huge amount of foreign while the Special Customs Conference liability and her big volume of inter bas-long before been authorized by the national trade are vital not only to the Washington Conference. Then, take the comic life of China herself. but also diplomatic question into consideratim to the business enterprises of foreign | It again seems that any question of im- nationals. If we look forward for the portance should not be put aside inde smooth and prosperous economic deslings finitely and that the Government should between China and other countries, inter! observe the public opinion and judge the national co-operation is of primary im respective importance of these unsettled portance, especially on the question of diplomatic questions and render quick readjustments of China's Inance. and responsible derisions upon them.
W
PROVINCIM, FINANCE.
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THE IDEAL SOLUTION. In summarising the above points, the The financial situation in different Fifth Anaal National Bankers Confer provinces is, also in bad state. The over-enee wishes to take this opportunity to flowing of unredeemable notes as well as make clear to the public that in our bad silver and copper coins, the in-minds, the following problems should be| efficiency of curamunication and transitamediately dealt with by the Govern portation systems, the unsafety of travel-ment, by the people and by our foreign like all contribute towards the causes of 1.The Government should announce poverty and squal upheaval, The re- lation between a nation and its provinces practical programme of Inancial rend justment at the earliest possible date, resembles that of the trunk and the,bran- hasten the opening of the Special Cus cial finance is the basis of the soundness toms Conference in order to straighten of national finance. We as people of the put the unsecured domestic and foreign coustry should pay attention, not only indebtedness, and improve the coramuni- to the financial affairs of the Central Cation system as well as readjust the Goverment but also to those of the pro-liabilities of the Ministry of Communica
tions." vinces. It is important that we should
"2-The people of all walks of life pay attention to the receipts, expendi ture and indebtedness of the Central should devise ways and means to hasten Government; it is still more important the readjustment of provincial finance that we pay attention to problems of and to prevent the disorderliness of currency and transportation systems of transportation and currency systems in the provinces. We should then with ese the provinces.
ches of a tree. The soundness of provin
problems without partisanship, without 3. Our foreign friends are hereby re prejudice and without fear. We should quented that they should give their fair pass & fair and sound judgment upon the and just attitude towards the convening of the Special Custom Conference- Reuter. (Continued at foot of next column.)
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