SICK MAN OF ASIA.

Taihape Daily Times, 26 September 1919, Page 5

SICK MAN OF ASIA.

CHh\"A’S DESPERATE 19.1413-1-I'r.

LOOKING TO A;\’I£'?R.ICA

LONDON, Sept. 3

The Times corl'cSpollC.ellt at ,Pel~;'-11 states that China is ready ‘.9 uurst. into paeans of joy if the American Sullate adopts the Foreign Relations Lummittee’s decision in favo‘~.l;‘ of ousting the Japanese from Shantflng. The

possibilities of the situation are watched with illtcl'cst and feeiing.

The Cabinet decided that‘ it was ne—--005531)’ to suppress the dangerous student agitation which has spread all over the country, but 21 vigorour: boycott of Japanese goods continues. The imports to Shanghai and Tient—sin from Japan declined 70 per cent. in July, compared with 1918.

The financial situation in China has grown worse and is becoming desperate. The Government is selling old bonds at a discount of 80 per cent Numerous attempts to borrow from foreign sources, have met. with refuef als

The cGnlillahdel' of the nortehrné army has telegraphed that his troops are threatelled with stafvation. and tl‘-.at he is forced to make hous.e-tu-house food "levies. V ‘.