Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929, 1911-12-30
Chinese IMPERIALS
Are BANKRUPT
YUAN SHI KAI WANTS NOTHING
TO DO WITH A NEW
REPUBLIC.

-
Sen was unanimously elected presi-
dent of the republic of China.
Sun Vat Sens election means the
peace conference between WI Ting
Fang and Tang Shao vi, as closed.
The president will assume charge
of all negotiations. A continuance
of these negotiations with Yuan
Shi Kai, as the representative of
the retiring Manchu royalty, will
depend on the immediate with
drawal of all Imperial troops from
all points of contact with revolu-
tionists. The armistice will be ex-
tended ten days in order to give
President Sun time to issue terms
under which Manchus must lay
down their arms.
PEKlNG, Dec. 30.-Premier Yuan
Shi Kai has offered his resigna-
ton, but the offer was refused
The incident occurred at a meeting
in the palace to discuss a settle
ment of the revolution. The dow
ager empress and premier. princes
of the imperial clan were present,
and the debate waxed so warm
that finally Yuan Shi Kai offered
to resign.
Yuan explained he could continue
the government and retain the coun-
try north of the Yang Use river
only by having funds placed at his
disposal He asked the princes to
empower him to obtain money He
explained $10,000,000 would meet
payments for the army for five
months, after which the south would
become disunited, and province after
province would return to their al
legiance.
The princes We're unmoved. They
pleaded lack of money, although
most OF them are very wealthy.
None has given any substantial
amount to aid the government, with
the exception of Prince Ching, who
handed over more than 100000.
The dowager empress wept Yuan
Shi Kai showed signs of distress.
Then he declared he could not de-
sert her and the child emperor and
agreed to continue
1t was said last night that Yuan
intends to make another effort to
obtain a loan of $4,000, 900 from
the -four nation" group, of which
three countries signified willing
ness to furnish a loan three weeks
ago. England, however, declined
to participate. The premier says he
would not use the money for a
campaign of aggression, but leave
the republican provinces to CON
summate their own destruction, only
defending the north bank of the
Yang Use river. He. insists the
rebels have small resources and
that troops already are engaged
IN plundering.
Yuan Shi Kai's appearance is
changed greatly since his arrival
in Picking. He has aged material
ly, and shows the effects of the
continued strain He says he does
not understand the republican form
of government will not associate
himself with one
SHANGHAI, Dec. 30.-Reports
that American bankers, represented
at Picking, are willing to lend mon
ey to the Imperialists are regarded
here with much apprehension. If
the southern revoutionists are
only convinced that Americans are
supporting the Imperialists, either
or diplomatically, the re-
suit they say, will be disastrous
to American trade influence and
will endanger all Americans resid-
ing in the interior.
WASHINGTON, D. c., Dec. 80.
The United States will not rec
Dgnize the Chinese republic formally
until it is clearly apparent the
Imperialists are no longer capable |
Of sustaining themselves in power.
The election of Dr.. Sun brings to
A crisis the peace negotiations and
nothing less immediate recognition
Of the republic is likely to be ac-
,epted