CHINA’S INTERNAL AFFAIRS.

Gisborne Times, Volume XXXIII, Issue 3677, 12 November 1912, Page 5

CHINA’S INTERNAL AFFAIRS.

PROTEST AGAINST RUSSO-MON-GOLIAN CONVENTION.

[UNITED PRESS ASSOCIATION COPYRIGHT) PEKING, Nov. 10. China has protested against the R usso-Mongol ian convention. THE LOAN QUESTION. PEKING, Nov. 10. Mr F. A. Aglen, Inspector-General of Maritime Customs in China, informed President Yuan Shih Kai that he would undertake to meet all loan and Boxer indemnity payments-from maritime and native Customs. The revenue of 400,C00 taels monthly is allotted from the salt gabelle to provide for unforeseen contingencies. The reports that the. Government has resumed the six-Power negotiations are not - wholly ju sti fled.

[.Representatives of the eleven Powers that are signatories to the Chinese peace protocol have signed a protest against the hypothecation of portion of the salt gabelle- for the Birch Crisp loan when the whole of the salt tax is pledged for the payment of the Boxer indemnity. Mr. Charles Birch Crisp, the head of the firm of stockbrokers who have arranged a loan of £10,000,000 to the Chinese Government, has gained a foremost

position in international finance. Mr Crisp is a comparatively young -man. Before he entered the realms of finance he was a journalist, but gave up the pen to join the then firm of Messrs Buckler. Norman and Crisp. After a few years he became head of the firm of A. Birch. Crisp and Co. Mr Crisp has a passion tor hard work, and it is this trait that has brought him to the front. He was one of the first men to realise the possibilities of Russia as a field for British capital, and at. the present time is chairman of the Anglo-Russian Trust, the Anglo-Russian Bank, and the Russian Commercial and Industrial Bank, St. Petersburg.]