The Marion daily mirror. (Marion, Ohio) 1892-1912, 1908-11-17
CHINA FACES A
!. : FINANCIAL PANIC
DEATH or THE EMPRESS IS FOL
o,k LOWED BY FAILURE OF IA
heal BANKS IN PEkiNo.
GOVERNMENT FEARS UPRISING
gIia }' aE' I'ur-o uQitOalFfi el
riEfeltement iAmppsb ,tbe People In
u6J ereasss7 and Rumors Of 1Resolutan-
nj sil aryaMoyement ntp arb lRifs+vLesa,
nn' rifsi s.'tions are Guarded. 3gt

,sYt9f htiI- r .Jt u i --rr y.,. rft ltf, 81
uul Peking, Not t7.--China is begin
ming to realize that the emperor dand
"dowager empress are dead The
S'Chinese had been so accustomed tc
look upon the dowager as the one per
rnson dominating all, that the announce
ment of her death caused but little
a1ichange in their easy going ways dur
ing the early hours OF the ceremonies
attending her passing, but Monday
tsthere came a marked change. Prince
Chun, the regent Of the empire. in
fear Of the increasing excitement and
Evolutionary movements, has taken q
flrm grip on affairs and adopted strin
gent measures that will result in the
maintenance of peace, for a time at
least.
At noon 1900 gendarmes guarded
the streets and other military forces
were held in readiness for any
eyentuality. Every precautlon was
20 taken TO prevent recurrence of the
revolutionary tactics of last April and
iliMay, which were marked by wide
,s.iSpread,, .incendiarism The foreign
~ LEGATIONS are. under guard, special de
90, tachments of Chinese troops keeping
.,, watch at the approaches, and In some
Al, cases the regular legation guard was
augmehted' by reinforcementst from
other places. Fifty Highlanders from
Tfen' Tsin were added TO the British
yiafoYces. 7r,.t-
There were many occurrences Mon.
day to add to the sinister aspect of af.
fairs. Rumors were current that the
new dowager, Yehonala, and Yuan
Shi-Kai, the grand councillor and one
rr,of the most powerful men in the EN-
plre. had committed suicide. Though
:, thcre was no truth in these reports,
thcy went far towards disturbing the
/, people ard creating alarm amongst
Chinese and foreigners alike.
Serious runs on banks occurred
Monday aud IA native banks closed
Fhe crowds were wild with excite
'affsht and toward the close of the day
re thsrpelioo lateryened and drove them
'sssIclt One foreign bank, the Yoku
''iahhu'a Specie bank, suffered big run
H1i'on its TjcnTSin notes, but the British
RuEsion ind German banks were not
sToced lc Is probable that to-day a
number of other native banks will be
~ closed andi g believed that the gov.
'ef'arnn1ont wil,stsp in and endeavor to
lHslop the financial panic among the
7s'pOorcr classes.
srnr @
100 New York, Nov 17.-Despite the
Z .,faet chat late cable reports from
a1uRekiug declare the regency of Prince |
f-rCfun in China, following the death OF
0. She emperor and empress dowager,
means period OF progressive reforms
and'the Introduction OF many western
-, Tethods into the imperial palace, |
pbnlbers OF the Chinese Reform asso-
N citation in this city are inclined to the |
belief that the sudden deaths OF the
.ss'Fpiers Of the empire spell nothing but
reactiUn for China and further re.
a, prdiug Of the progress they had hoped
These reformers, who have thei
headquarters in the heart of New
York's Chinatown, assert that the en-
peypLt taking off was the result of
tod play. They apparently. are not
concerned as to tthe manner Of the
s;1;,.Flppress dowager's death. but declare
llafthats IL the Emperor Kuang- -Bsu had
s.'suryiyed the dowager, he would have
given a new impulse to the reforms
which he advocated In 1898 while tenn
@9peraEily advised by Kang Yu Wei. now
4 the head OF the Chinese reform move
" ment throughout the world Kang
A Weisbarely escaped with his life
= wheq Tie empress dowager became
a. aware df the progressive influence he
- was exerting over the emperor and
A when she ordered the beheading OF all
sfthe new idea counsellors.
Castro Arrests Politicians.