New-York tribune., 1912-03-17
.PEK|NC FEARS ATTACK:
CITY IN SEM|-PANc
Chinese Capital Hears That Mon.
gols and Manchus Are Pre-.
pairing Hostile Movement.
NANKING OUTLOOK BETTER
Bankers Having Lent to Govern.
ments in Both Centres Irri.
tated by Deal with Out
side Syndicate.

side Syndicate.
fekins' March 1.-THE situation in the
north remains critical. Rumors Of coming
attacks on Peking by the Mongols ana
Aanchus keep conditions panicky Few ca
cept market shops are open; the streets
are almost deserted President Yuan-shih.
kai cannot assemble body of troops IN
the north who Will obey him, sufficiently
large to re-establish his authority
From Yuan's home town OF Chant.
comes report that the loyal troops are
disarming looters and paying them. few
dollars to return to their homes. Various
sections are subscribing thousands of dol
lars TO pay the garrison soldiers to abstain
from looting. President Yuan has Issued q
proclamation, reciting the duties of SOL
diers to the state and declaring that the
troops should have pride enough In their
profession to maintain the srmy's good
name. But the Chinese troops consist of
mercenaries who have taken up arms only
because their prospects OF gain are better
in the army than in laboring as coolies.
During the last week small detachments
OF American, French, German and British
soldiers accompanied a car containing
100000 silver taels from Tien-1'sin 10 Pc
king. This consignment OF money cams
from the -four powers group of bankers
to the Chinese Finance Board. ,s
Another party OF American marines
served as q guard for 10000 taels. which
was taken from the ruins Of native bank
and transferred to an international bank
The director Of the native bank had set fire
to his own premises when the place was
entered by loottng soldiers. He smoked
the soldiers out, but only after large sum
OF money had been stolen.
The foreign bankers have already ad-
vanced large amounts to the NankinS and
Peking governments, and have agreed 70
carry the provisional government nnan'
cially for several months longer. They ars
irritated, however by the loan contract
signed yesterday by Premier Tang Shao'
vi and the Anglo Belgian syndicate for S,-
100000 secured by the revenues OF the Pc
king railway to Kal-Gan They contend
that this loan cannot be consummated, as
the Franco-British loan OF 1903 is secured
by all the revenues Of the Board OF Com
munications.
Nanking, China, March ls-Ths outlook
IN China is more hopeful to-day than at
any time since the outbreak OF the revolu-
ton Carefully complied reports received
hero show that, while the unrest was gen
eral I'm the last week disorder had steadily
decreased, and there is increased confidence
In a restoration OF trade.
The districts of the northwest and OF the
distant west are in the worst condition, but
the authorities in Marking give the assur
auce that unless something unforeseen
takes place, due TO misunderstanding or
outside intrigue, the entire country will BE-
again under control within sixty days after
the announcement OF the formation OF the
coalition Cabinet. officials point out the
inevitableness OF sporadic outbreaks in dis
tricts with which II takes from two to three
weeks TO communicate. or, like the Prov
ince of Kwsng-tung, where masses OF dis
orderly and lawless people are congregated.
The alarmist predictions that VIDE
spread general uprising and muttnies IN
many places would take place have not
been fulfilled. The furry In the north ap'
pears to be practically over.
William James Calhoun. the United States
Minister at Peking, telegraphed to-day 10
Rear Admiral Joseph y. Nurdock. com
mander Of the United States Asiatic neet,
that the situation had so greatly improved
that il was not necessary TO keep the
United States cruiser Cincinnati at Tisn-
Tsn any longer.
From all sections OF the country which
are within reach OF the telegraph eneour-
aging reports are being received.
The Nanking Assembly has completed IFS
preparations for handing over the govern
ment when Premier Tang Shaggy arrives
DR.. Sun Yat-sen is day and night person
a,ly directing the plans Of the government
for the restoration OF order. He CONTINUES
quietly confident and optimistic, but =
watchfully jealous Of close adhesion TO me
terms OF the provisional constitution, when
endows the Assembly with full powers
President Yuan Shih.kai evidently has
fully recognized this for he submits svery'
thing GEOGRAPHICALLY to Marking and con-
suits DR.. Sun Yat-sen on all points
The Assemblymen unanimously asssH
that Nanking, the present seat OF the pro-
vis,onal government, will remain the CAPT
tai OF China until the provisional AssemoE
selects a definite site after the organization
NJ the new Assembly, consisting OF ~
members
The Assembly has now under considsrs'
ton the advsablity Of sppropianns
600 900 taels (about s7oo,ooD for the con
struction OF public works in the famine
area,