BANKRUPT CHINA.
NO MONEY FOR TROOPS. ! GENERAL MUTINY FEARED. NO PAY FOR CIVIL SERVANTS. (By Cable.—Press Association.—Copyright.) • NEW YORK, October 30. The Peking correspondent of the "New York Times" states that the inability of the Chinese Government to pay its troops, occasions a fear of general mutinies. The Government employees have not been paid since April. ProJapanese officials are endeavouring to raise a loan from Japan to remedy the situation. The President has not been paid, and has been compelled to borrow a million dollars to defray official expenses. The House of Representatives has voted to reduce the military ture by 20 per. cent. A movement has been started to abolish the autonomy of Outer Mongolia on condition that China assumes responsibility for foreign loans already contracted. It is understood in New York that China is about to complete arrangements for a loan of between 15,000,000 and 20,000,000 dollars with a Chicago bank. (A. and N.Z. Cable.)
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19191031.2.53
Bibliographic details
Auckland Star, Volume L, Issue 259, 31 October 1919, Page 5
Word Count
157BANKRUPT CHINA. Auckland Star, Volume L, Issue 259, 31 October 1919, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in