Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-09-07

hsun in Southern Shantung, Huang
Hsing at Marking, and Lii Hung at
Hankow, seem dispos1d to fight for
their own hand.N President Yuan's
most trusted troops were recently IN
revolt and sacked portions of Picking.
The revolutionary army on the Yang
Use has repeatedly mutinied in sec
tions. Some Of the provinces show q
strong inclination to repudiate the aal-
thoritN of tie Central Government.
The new Ministry carries little weight
and is torn asunder by factional diner
ences. sun Vat Sen, who was never
been abe to keep even Marking in or
der. HIS gone into retirement to. preach
he calder forms of Socialism. The last
six months have witnessed constant
upheavals and. frequent massacres.
The loan negotiations at Picking have
been conducted almost within sight
of burning villages and raVaged
peasantry.
as il not madness that at sucn q
time the only remedy the Powers can
nress upon China is that she should
treble her national debt at a high rate
IF interest? is 1t fair.to European In
yestors that their Governments snoulo
so mislead them? The Chinese AZ.
uinistration is a hollow shell which
NAV collapse at any moment. Wnen
the Japanese revolted they IougnI -
establish the authority OF their Em-
peror. but the whole essence OF the
Chinese revolution is really repuaia-
tion of any central authority. me
outer provinces are already dropping
away. China should not be taught 70
ranIaee her vanished revenue by loans.
There is no guarantee that the money
viii he fruitfully expended. In the
connection to thrust money on emma
even the pretense of seeking guaran-
fees has been steadily relaxed. MUCH
IF certain recent loans-I VIII not
name them-has been deliberately
snnandered. Some pretense may now
be made at devising guarantees ~
economical, expenditure. Men are s..'
ting in Picking now waiting lot Ial Dir,
lets as oyerlookers. Their posts VIII
he shams. 1t may be laid down as
;navitable that any large sums lent 70
china in her present state VIII mostly =
vanish into the pockets OF ner own
ofTiciaIs And after? am coming 70
that When China sinks under nei
load of Indebtedness, or when the iast
vestiges of orderly government alsap.
near there WILDE a cry for inter
pontion and Intervention will mean
enumeration. It will be the case OF
Egypt over again. Europe pouieu nv,
nov into the hands OF Ismail Wnlie ne
was misgoverning q naturahy IT,
country. When the liabilities 6ecame
overwhelming, some one else nad 70
stan in and govern, and lsmall van u,
;sIed as the. Chinese Ministry VIII
vanish.
aTbat is what the most far-seelng
minds at the back of this government
are aiming it. They do not wan -
help China, but t. smash ner up, anu =
the surest way to smash up emma =
Ia lend her vast sums which sne can.
not repay. We see at work in the Far
East the very newest form OF con.
onest. that of conquest by nnance.
There will be a general scramble lot
territory. There will probably also De
Syar over the spoils A dual controi
failed in Egypt How can six POWERS
CONTROL the internal administration OF
china? Six European Powers cannon
even agree about the affairs OF Crete.
There is only one rational course lot
the western world to pursue regardlng
China and that is to lend her only the
money she requires to pay her troops
and for other urgent necessities, unti,
she has found some way OF pollllcal
salvation, established stable govern
ment, and got her tax-eollectlng ma.
chinery at work again. -~"l r.. -
"What has England to gain from
acting as cat's-paw in a subtle scheme
for the ruin of China? Why should
we find the money for China's undo
ing? We cannot control a large shce
of China. We have neither the men
nor the strength to spare. Our sole
interests lie in the preservation Oh
some form of independent government
in China, and to that end we should 90
our utmost to prevent her from plung.
ing into hopeless debt. The British and
the American peoples do not want to
see China broken up, and could stol
This thing il they realized whittier
their Foreign Offices were dragging
them. If China passes under foreign
control the chief prizes will tall &c
her next-door neighbors. we snail
have done the paying.