New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1912-06-21
china PLAYS RUSSIA
AGAINST THE POWERS
ceIestiaI Politicians Hope Thus TO
Obtain S50,000,0 900 Without
Giving Guarantees.
SAYS U. S. IS TO BLAME
rurope Thinks Russian Fears
Were Aroused by Our Applica-
ton for Port Arthur Rail
road Concession.
~. 7rsnsa,lan,i, Wireless 70 The Tribune.l

r.. TransaflautiC Wireless 20 The Trlbune.I
,ordop June 20. 49, Extensive and
,,,oent cabling to-day by the powers
..sr,tsd in a renewal Of the Paris con-
,.rarce on the proposed Chinese loan
pussia and Japan were again both rep
resented. China meantime is taking fun
advantage Of the dscOrd Of the powers
ord II seems probable that she will Sc
o,,re another loan from the fOur-power
,roun without being forced to give any
guarantees
On Tuesday a quick loan was made
90 the best available means to block the
Russian plans This loan was " S2.OOo,-
NO. Now China is demanding S%,OOO,WO
IN threats Of having recourse to Russia.
! and Chinese statesmen are hopeful Of
being able to secure from the four pow
erq the full SJOO00OOO needed for inn
mediate use If they can continue long
! enough the game Of playing of Russia
against the other powers.
The powers are meanwhile using every
effort to arrive at q solution Of the diff
Aculties confronting them, this in order
~ sion the constant drain from their
stronr boxes without obtaining guaran-
tees Of any kind whatever from China.
strong hopes We're entertained to-day
that Russia could be made 70 realize the
sdvissbility OF accepting the new Article
VI Of the loan agreement. which pro-
vides that any power may by itself veto
q proposition for the use Of the loaned
money in any particular part Of China.
II was pointed out to the Russian rep
resentative that this article gave Russia
and Japan absolute power in Western
Mongolia and in ManChuria, while If not
accepted by Russia and the agreement
not speedily ratified the result could only
be the reflling Of the Chinese Golfers
without any trade or other advantages
being secured by any Of the powers.
and, worse yet. without any provision
for foreign supervision for the use OF
the money in Western Mongolia, Man
churia or any other section of the re-
public.
This weeks new advance to China oy
The four powers without guarantees Is
a potent illustration Of the evils of the
present situation, and, it is believed. VIII
afford a sufficiently strong object lesson
t. bring Russia back into the fold.
European chaucelleries are inclined to
blame the United states for the present
situation. They say it was an unwise
move on the part Of the American state
Department to try to obtain the conces-
sion for new railroad from Port Arthur
70 the Manchurian border That act
frightened Russia into the belief that all
means must be used at once 10 protect
her position I'm the Far East. She fears
ans. new Manchurian railroad or any use
IN Manchuria Of money loaned to China
that might render necessary an entire
rearrangement of Russia's strategic posi-
tons or IN" Manchurian border, created
as they have been with almost incalcula-
HE expense.
Tor this reason her diplomacy in the
present circumstances is directed to pre-
serving the status quo in Manchuria.
She would not hesitate TO nullify all the
plans Of the powers and throw China
into another revolution rather than see
her position in Manchuria endangered
or even weakened
There IS also the consideration in
Russian diplomacy that a renewal Of
China's internal troubles might bring
about q situation which would Justify
Russian intervention In Manchuria and
consequently greatly increase her power
there.
Paris, June 20-An official statement was
issued to-day at the close Of the resumed
session of the Chinese loan conference to
the effect that the reorganization Of China
has been made possible by the complete I'M
Outstanding reached by the bankers repre-
senting the six powers. Although this OFF,
,ial statement does not mention IT, It Is
understood that Russia and Japan specific
ally reserve the right to withdraw from
participation in the loan at any time should
they decide that their special political in
terests IN China have become jeopardized.
Russia and Japan tried TO exact an agree
ment that the loan should not be applied in
any way likely 10 compromise their inter-
ssts. The four other powers refused 70
agree to this. and II is understood that the
hnsl agreement was restricted to the financ-
ing Of China, all political questions as such
being left 10 the powers.
The official statement points out that
China last February requested financial
assistance by advances against treasury
bills, 10 be redeemed from the first pro-
ceeds in the reorganization Of the loan. Sat
'-isfactory guarantees were obtained from
China after long negotiation. further
delay was caused by the negotiations he
tween the groups themselves.
Although difficult and protracted," says
the statement. these negotiations wers
conducted in a friendly spirit. TO meet the
urgent needs OF China, such as the dis
banding OF the troops. the discharge Of cur
rent obligations and the setting up Of the
new administration, the groups made such
advances as seemed necessary, and are
now submitting the final agreement TO
China Only part OF the loan will be issued
IN the frs; Instance"
The American bankers had predominant
place IN the conference in Paris, II. =.
DAWSON OF New York. presiding through
out the proceedings.
00TINE I'M M0IIkOEN