The new fact in China is that the V road
seems tOlie -virtually open for the Southerners to advance on Peking. The correspondent of the Times says that much of Chang Tso=lin's war material is being: sent lxick to. Manchuria, although the troops are 'not yet retiring. He 'describes the defenders of Peking as vacillating between stopping and going for reasons which are independent of militaiy, considerations. But who will profit by the coming Nationalist success ? Who is the real Nationalist leader ? Chiang Kai-shek, who has been the nominal chief at Nanking for many months, seems to, be fading out of the -picture. The real bidders for the first place and 'for the possession _of Peking are Feng Yu-hsiang (the. Christian General) and Yeti- Hsi-shan, the V model " Tuchun of Shansi. V•
