Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-07-27
MUCH ILL FEELINC0VER MATTER
Her Position Seems to be that the TX.
eluslon Of Her Citizens 10 Ia Itself
A Disgrace
COULD HAVE BEEN DONE YEAR AGO
Native Baukers Of Shanghai Call Meet.
Ing TO Discuss Boycott Of the Inter-
national Banking Corporation

Washington, July ~ Some doubt Ia
expressed In oflola circles whether Il
VIII be possible TO obtain Chinas con.
sent to another treaty with tho United
states providing for even tho exclusion
Of Chinese abtrcrs from this country.
The state department Is aware OF 10.
feeling throughout China ON the whols
subject ana now that the immigration
treaty with Cflna has been allowed 10
lapse wlihou, HE negotiation Of a new
agreement rol orts have reached here
mat CHINA Ia inclined hereafter TO re.
luto To siRn any similar convention,
ChlnNs position appears 20 be that tho
exclusion Of the Chiense citizens from
u friendly country Nv IN Itself a dis
grace nnd while she cannot ignore the
laws Of a foreign power providing Tor
such exclusion she can refuse 10 sanc-
ton II or become part OF n by conclud-
INK a treaty involving such rostrc-
lions, a year ago, II N said, Il would
have been easy To conduct negotiations
Win china for the cSluslon OF Chinese
laborors only Now however II In UNI
derstood The Chinese officials are dis.
posed TO regard the signing OF such u
treaty beneath the dignity OF their gov.
eminent The reason FOR the asenmp-
ton at polin OF thlS new attitude ls not
quite clear TO the officials here, though
IN some circles, II IN attributed TO the
influence Of foreign powers.
CHINESE BANK ERs TO DISCUSS
BOYCOTT.
ShanghaLjuly "a The native bankers
here are calling meeting 10 discuss
the proposal to boycott the lnternation-
al Banking corporation,
The International Banking corpora
ton was organized In June, 1901, under
the laws OF Connecticut, receiving lts
charter by special act Of the legisla-
ture. II was then the only American
banking institution formed for the pur-
pose Of doing business, entirely IN for-
olgn countries, with authority 10 estab-
llah branches Tho corporation was
made the agent Of the United states
government for the receipt OF pay
monts 10 this government on account OF
chinese Boxer indemnity. Tho stock
holders OF the corporation were cnro'
fully selected from among the leading
manufacturers, exporters and import.
ors Of the United states, The corpora
ton was capitalized at $1,000 900 with "a
surplus of 100000 Among tho
cities represented IN the concern we're
New York Philadelphia, baltimore
Cincinnati Pittsburg, Dayton cloNc-
land, Columbus, Detroit, Milwaukee,
Chicago and ST. Louis, The southern
ana Pacific coast elites were equally
well represented,
The president Of the international
Ranking corporation when II was mado
the ngoni Of the United states goycrn-
mont In 1902 was Marvellous Hartley.
John ], MoCook was the corporation
attorney ana James y, Pearson was ia
agent at Shanghai,
The present officers OF the corporation
are Thomas ", Hubbard, chairman ~
the board OF directors and president and
James FoaTon vice president ana gen.
eral manager Tho main offices ~ the
corporation are az No wall street,
New York city. The directors include
Sir n. Montague Amen, George crookcr
James 4. l'cnron, Edwin Gould, Isaac
Guggonhoim, w. N, Hartman, Thomas
II. Hubbard, n ", Huntington and Sir
William Van Horn,
OFFICIALS ARE SURPRISED,
Now York, July aT,-.I,ocnl onlcinls ~
the international banking corporation
expressed surprise ~ the news from
Shanghai I'm response 20 cable sent
TO Shanghai yesterday by the london
brunch OF the corporation n cable was
received here today 90 the effect that
the system Of boycott has not inter-
fored with business j, NJ lNoNron chalr-
man of the international Banking cor.
porntIon IL the senior member OF tho
importing honlo Of fonron, Daniel "
90, ~ this city whose main branch Nv
az shanghai Feiron, Daniel e. CO.,
today received a Shanghai cable touch.
ing upon boycott troubles there and
stated that the result n not expected
Ia be serious.