POLITICS IN CHINA.

Star (Christchurch), Issue 16987, 10 March 1923, Page 12

POLITICS IN CHINA.

: THE CABINET RESIGNS. By Tftlegrapn—T»repa Association—Copyright { Australian and N.Z. Cable Association. I PEKIN. March 8. i The Chinese Cabinet has resigned, i the reason being its inability to cope I with the internal situation. j A previous message said The “Chi J rago Tribune s ’ Pekin correspondent ■ says the Chinese Cabinet has Oitlerjd Ministers Szo and Koo to return to | M ashington and London respectively. | hoping that these eminent diplomatists I way help China during the critic?-1 j period which is now appearing. Moan I while the big military chiefs are prej paring tor war. and Premier Chang i-> i vainly endeavouring to convene a meet- ' ing of war lords lor a disbandment con- ! ference. Business men are demanding | that China get its house in order. The Pekin Bankers’ Association has hande i | t" the Government a Note, addresse .1 ! to the Minister of F inanee. pointing j out. among other things, that external I loans exceeding £200.000,000 are mostj ly in default, that the Customs, rail : wav and salt surpluses are being dis sipated. and that Treasury notes arc being freely issued, while additional loans are contemplated without nrovirl ing funds for the redemption of out standing obligations.