the arbitration of President Wilson, embittered by the butfer; and, thirdly, the pledge of their equipment, $501,972,000; motor vehicles, over {4,000,000 was done in canalising the Hwangpu (to Shanghai) and in some danger ‘of segregation he ordered the provi- sional loans, which had hitherto been invisible to the throne. Gen. Averescu this organisation had 24 columns on