New-York tribune., 1912-03-08
FINANCING BEGUN IN
CHINESE REPUBLIC
Four Powers Syndicate Provides
100000, and viii Lend $685.
100000 Monthly Hereafter.
FEAR OF DICTATOR FELT
Ministers Decide TO Guard Rail
way, and More Troops Are
Needed-Looting Is
Widespread.

Shanghai. China. March "A banking
syndicate representing the United STATES
cseat Britain Germany and France 'c-uaS
raid 100000 taels Approximately N'VVVOP
10 the provisional government OF emma II
is expected that within a week from now
7W0.coO taels approximately A.%o.VO VIII
be handed over at Marking and PeKihg'
II IL estimated that the Chinese govern-'
ment will REQUIRE sS5 10000 monthly for siN
months, and the syndicate rs arranging 10
supply that amount. The loan contract VIII
be drafted subsequently.
Peking. March THE diplomatic repre-
sentatives of the foreign powers helu
conference to-day and decided TO continue
the guards along the railway to Chln
Wang.tao, in spite of the fact that the
river is open from Tien-Tsin to the sea.
Additional soldiers will be necessary, as
the effect OF tho present guard IS only
moral Major Arrasmith. in command OF
the American troops from Manila, has Only
forty men left at Tien-Tsin, and is anxious
for az least two hundred of his troops VINO
are at Peking to return. Mr. Calhoun
hopes 10 be able to get detachment OF
one hundred or two hundred marines from
the cruiser Cincinnati. and 1t would then
be possible for the infsntrymen to 20 TO
Tien-Tsin.
Dictator is = Possibility.
The possibility is widely discussed Of the
Manchus taking over the city and pro-
claiming monarchy again. The chinese
rapers print this suggestion, but as no
Nanchu leader has been Forthcoming IN
the last six months il seems hardly prob
able that one can be found now. Should
2 dictator arise he would fnd the nucleus
of an army in the twenty thousand or
thirty thousand Mauchu troops. who are
the most concrete force remaining In the
northern provinces.
In Shen-si. General Sheng-Yun. Governor
Of the province, whose family was slauGh-
tered earlier in the rebellion, is still hsht-
ing in the Emperor's name. 1T is reported
that General Sheng-Yun has twenty thou
sand followers. IIo controls the situation
in 3 large part of shen-Si and Shan-Si.
The killing of many whose queues had
been cut Off, the attack on the Nanking
delegates at the first outbreak and the
desertion of Yuan Shih-kai by his soldiers
all indicate the reactionary feeling. Fur
thermore, the republican flags which for a
time decorated every house in Peking by
order of the police arc now displayed only
on the government buildings, although the
dragon flag has not reappeared.
May Have to Fight in North
Consular reports say that Chao Erh-hsun,
the viceroy Of Manchuria, whose brother,
General Chao Erh-feng. was killed by re-
publicans in Sze-Chuen province, does not
favor a republic. and hoisted the five
striped flag reluctantly. According TO some
views. the republican reformers gained the
overthrow of the monarchy too easily and
it is thought that they must Yet bring their
army north for further struggle for the
attainment of a republic.
II is reported that Yuan Shih-kai has
only fifteen. hundred soldiers that he can
count on as loyal. The work of barricad-
ing the streets about the Foreign Office,
where the President-elect is still residing.
was begun, but later the barricades were
demolished. Nevertheless. sand bags are
kept in readiness for defensive purposes.
Reports from Pao Ting-fu say that ad-