Savannah morning news. [volume] (Savannah) 1868-1887, 1884-10-21
CHINA IN NEED OF CASH.
A LOAN NECESSARY TO THE
CONTINUANCE OF HER WAR.

| 100000 Francs Once offered to France
in the Hope of Paving the Way to
Peace-The French Commanders De-
manding Reinforcements of 10000
Men to Conduct the Campaign with
/ Success,
LONDON, Oct. 2O.-A Paris correspou-
dent states positively that the Court at
Pekin offered through the Washington
government to pay 5,OOO,O 900 francs to COM
pensate the French for their losses-not
as owning to error, but in order to smooth
the way for settlement. The eorrespOn-
| dent says that NJ. Ferry considered the
oner TOO small. America is so satisfied
with Chlnas attitude, which she regards
| worthy of defending, that Mr.. Freliue-
huysen even declared his inability TO nm
derstand the reluctance OF France to make
an amlcable settlement of the difficulty.
AN EXODUS FROM SHANGHAI.
1t is reported that great exodus of
| Chinese from Shanghai is taking place
| This movement is caused by report that
| the French are going to lombard the city.
| The Chinese Embassy at Berlin received
a dispatch from its home government con-
| nrming the report that the Chinese forces
under Lin Ming Sehuan defeated 500
French troops OF Tamsui on Oct. Is. The
| trated by means of torpedOes.
THE CHINESE LOAN A FAILURE.
A dispatch from Hong Kong says that
a loan of $3,000,0O0 which the Chinese
Government recently obtained from the
Hong Kong and Shanghai Bank has been
| offered by the bank to public competition.
and proved complete failure. The total
tenders received were $1,600,00O at par
and $500000 at 4 per cent. below par.
The bank refused the latter offers. 1t is
believed that China will soon be in straits
for cash with which to carry on a war.
and that the financial deficiency will lead
to an earlier settlement of the struggle
than has been anticipated.
A dispatch from Pekin saws that the
French commanders, if ordered to march
to Pekin, will ask for complete corps de
arme composed of 10000 men OF all
branches of the service. Besides they
will require two pontoon trains, 5000
horses, twelve field guns, floating and
shore hospitals for 5000 men, and a num-
Der of light draught gunboats.
ANOTHER FRENCH VICTORY.
Gen. Briere de PIsle telegraphs from
Hal Psong, under date of to-day, that
large masses of the enemy appeared in
the Red river region on Oct. IS, and made
an attack on Tueyn Kwang. They were
defeated with great loss. No French were
killed, and the wounded are doing well.
A dispatch from Admiral Courbet. dated
Ke Lung, Sunday, Oct. 10, says: sThe
troops are building block houses around
their positions, but bad weather is imped-
ing the work"
1t is reported that the Chinese have
made an attack ON Thai Uguyen, in Up
PER Tonquiu, and have been repulsed with
heavy loss.
If This plan is accepted it will necessi-
tate reinforcement of $4,000 men and .
heavy war credit.
La RepubiQue FrdncdiSe demands that
the Chambers consent to the necessary
sacrifices and strike strongly and
La Steele says: "The valiant little
army of Gen. de PIsle cannot long face
the dangers menacing it. It is the duty
of the government to send reiuforcements
without delay.'
Gen. de PIsle advised the government
that an effective force 10000 strong is
necessary to continue offensive operations
and to repel the invasion of Tonquin.
La ftgdrO says that the plan Of the
campaign of Gen. de PIsle, as presented
to the government, provides for the forma-
tlon of two columns, consisting of 10000
men each, the first column to oppose the
coming of the Chinese from Kwang 81.
The base of operations of this column
will be Phulang, and the objective points
Bacle and Lanqsan. The second column
IS to operate against the Chinese from
4ungnan, having Hang Hoa as a base and
Lao Kai and Gao Bang as objective points.