The Birmingham age-herald., 1921-10-11
CHINESE BANKERS. HIT AT THE LAPS IN
 FARLEY MANIFESTO
Would Declare Japan-Anglo Treaty Void Unless China Agreed-Are Firm on
 Shantung
lily Associated Press

Peking, October T.-The Chinese Bankers association. tho strongest banking group in China, with impor- tant connections and influence. has issued manifesto flor the guidance of the Chinese policy at the Wash ington conference in which support is given for the Chinese stand rela- tive to Shantung.
 In its preamble, the manifesto states that the conference must aim to secure permanent far eastern peace on the basis of mutual international help, and that decisions contrary to equity, even though taken inadver- tently, would result in future dis putes detrimental to China and the whole world. The manifesto says:
 T. That the principle or the pres erVation of territorial integrity with respect to Chinas sovereignty must receive first consideration and that the principle must not be infringed by granting concessions or comforting preferential or exceptional rights to foreign individuals"
 (Thls upholds the Chinese stand on the Shantung question:.
 Hits Anglo-Jap Treaty
 "2. That any agreement between two nations affecting a third shall be considered null and void unless 1t shall be accepted by the third. this to be the cardinal rule in all inter- ntaional dealings"
 (This pertains to the Anglo-Japa- nese alliance). N
 "S, That, provided the first and second suggestions are accepted by the conference, China agrees to the
  dennnciation by other nations of their spheres of influence and special in- terests."
 (rhe Chinese people and govern ment always have regarded consor- tiums and the recognition of certain Japanese rights in south Manchuria and eastern and inner Mongolia as violating Chinas sovereignty).
 "f. That Chinese bankers are ia vorably disposed toward international financial cooperation providing the cooperation in no wise interferes with Chinese financial and economic development.
 tChinese bankers have always maintained that China's interests are best served by consortiums, working through them whenever foreign loans are necessary)
 Cancel Loan Treaty
 "5. That diplomatic instruments hampering improvements in the Chinese governments financial and economic administration should be cancelled at the conference" (This refers to the Chino-Japanese loan agreement of 191S.)
 e. That the division of China into north and south is purely an internal political condition and does not exist as concerns international or Chinese industrial and commercial affairs" A memorandum dealing with con sortiums, and railway and currency reform accompanied the manifesto.
 The memorandum suggests that the government should devise a uni fled railway plan, but not yield to the proposal for internationalizatio of the railways.
 Adoption of gold standard, abol- | ishing the tawl and proper defini- tion of the legal standard of finances, enabling the silver dollar to serve as tho sole medium of Chinese ex- change are advocated by the bank CTS.
 Paper currency should be standard ized and foreign banknote issues ulti- mately stopped especially issues Of foreign currency violating China sovereignty, against which the bank | CTS urge prompt government action.