THE NEW CHINA.

Taranaki Daily News, Volume LIV, Issue 199, 20 February 1912, Page 5

THE NEW CHINA.

FIGHTING IN MANCHURIA. JAPANESE FINANCIAL ACTIVITY. Br o*U«—Press Assosiaties—Copyright Pekin, February 18.

The Imperialists and Republicans, disregarding Japanese protests, are fighting in the neutral zone at Wafangtien, in Southern Manchuria. It is stated that Britain's firmness in securing the cancellation of the Japanese loan at Nankin on the security of the Shanghai-Nangchau railway, in which England has prior rights, concentrates attention on the persistent Japanese financial activity in the Yangtse Valley. Hence the loan of ten million taels on the security of the China merchants' fleet may become a lever to diminish British interests, while the loan of twenty million taels on the security of the Hang Yang ironworks gives Japan a foremost position in Hankow.

GISBORXE CHINESE AND THE ABDICATION.

By Telegraph—Press Association. Gisborne, Last Night. So far as Gisborne was concerned there was no evidence of a holiday among the few Chinese residents in celebration of the abdication of the Manchus. A local Chinaman states that the Chinese talked the matter over, and decided that while appreciating the great burden of which the country had been rid, thought loyalty to the Republican cause could not be more expressively demonstrated than already had been done. The Chinese of Gisborne had subscribed £3O towards the Revolutionary funds. This was considered ample evidence of loyalty to the Republican cause.