The Washington herald., 1918-09-02

nOuDCeO lulenLlOn VI SHhCdBo Ddhn
ers to loan $500000O0 to the Chin
ese government something which
Is said to have had the approval OF
our State Department. has brought
down opposition from o member OF
the Mongolian kingdom.
Chu Su Gum. former editor OF the
Nun Key weekly OF New York City.
Is the man who Is undertaking the
task of convincing American solons
that no money should be put into the
present government Of China In let
ters received yesterday by prominent
members OF the House and Senate
Mr.. Gum directs his FIRE along sever
al lines. His reasons. running from
"a" to "Z" incluslvely. are as fol-
lows: ed.
THE allied governments are at
present negotiating a joint loan to
China Of S50.Ooo.00o. At the same time
one OF the allied governments. name
ly japan. Is planning to extend secret
ly a loan Of so0oOO0O yen. or $4,000 .ooO
/ respectfully petition you to use your
Influence to prevent these loans be-
Ing made for the following reasons:
"A. The defacto government OF
China which now has its headquarters
In Peking Is not a constitutional body
and any treaties or agreements made
with 1t are illegal and without bind
ing effect.
"B. No valid loans can be made
by the Government of China unless
they are first approved by Parl.a-
ment"
"C-The real parliament Of China
was unconstitutionally dissolved by
the Peking government. The Con-
stitutional parliament Of China re-
assembled at Canton where II is
now located. and it is the only body
that can make treaties or contract
loans with foreign nations. This
parliament has behind It the south
ern provinces OF China as well as
the sympathy and support of the
thinking people of northern China.
AS a result the republican forces
OF the South are marching steadily
northward with very little effective
opposition.
This is due to the fact that the
army OF the Peking government is
hghting only for wages and these
are not Forthcoming as the Peking
government is short of funds. If
the loan is withheld 1t will shortly
collapse. The great mass Of the
people OF China are tired of its
rule. 1t Is aiming at a military
autocracy and since the allies are
lighting to overthrow the autoc-
racy OF Germany they should not
aid in establishing an autocracy in
China.
"D-If the Peking government
can secure financial assistance II
will result in the prolongation of
the revolutionary struggle and pre-
vent China from providing any ef-
fective assistance to the allies.
"E-The allies should prevent the
direct loan of 100000 ,OeO from
Japan to the Peking government
Tor the principle reason that japan
mas made an agreement or promise
to act jointly with the allies. She
Is aiming at complete control of
Chlnese finances and is using the
opportunity which the war offers to
eliminate all the interests of Euro
pean and Americans in Asia.
She has made a secret treaty
with the Peking government to
overthrow the Chinese republic and
restore the monarchy. II she sue
ceeds she will annex China and
establish a strong Asiatic empire in
the eastern hemisphere and ulti-
mate!y include India and the
islands in the Pacific.
The Chinese people realize the
danger Of this pact and are pro-
testing daily to the Peking gov
ernment against it. chinese stu
dents in Japan have left their edu-
cational institutions and returned
TO China in order to arouse the
people to a realizing sense of the
danger that threatens the republic,
The allies should come to the SUM-
port of the Canton government and
refrain from giving financial or
other support to the Peking gov
ernment. In this way alone can the
secret intrigue of Japan be frus-
trated and the republic Of China
made safe and secure"
On the hill it was stated that
some of the members felt that on
position to the loan should not come
from lew York City because II
might readily be believed that self
ish reasons were behind the effort
TO prevent the loan. New York
bankers, however, stated in this CITY
yesterday that they would not re-
sort to this kind OF opposition to
loan negotiated through the city of
Chicago.
We will have an indirect hand
In the matter. anyway" said one
New York banker. Just because n
heads at Chicago is no valid reason
for a fight being made against It
by bankers of the metropolis
No members of Congress were
heard to suggest anything in the
way of legislation that would pre-
vent the consumation of the loan.
The fact that the State Department
has approved it is taken by Con
gress to mean that ample inyesti-
CATION was made in advance and
that approval of the step was
deemed the wisest action to take.
Larry" Sherman, senator de Inv.
from Illinois. makes a strong case
against Henry Ford when he points
out the excessive profits made NV
MS concern. The fact that Henrv:s
cars were sold at a price much he
low other cars and that Henry Maid
MS workmen top-notch wages do
not In the opinion of many members
mitigate his accumulation of great
pronts in the least. As Senator
sherman stated. had this excessivs
return been made by packers n
would have brought the utmost In
conservatory language from tba
Federal Trade Commission snd
would have been played up as a
national scandal.
Inc case against Ford does M,
rest IN this. however. All along the
me ne Is shown to have been everv-
tnlng undesirable from our present
STANDPOINT. He tried an absurd
remedy for the war disease IN
europe and he continually made
statements here with reference 70
our nag and our cause which woul6