The Archive · 1914

The Finances of China

Cheng Shih-tang, Secretary to the

Secretary of State, has urged the Provinces to send contributions immediately to cover the expenses of the Central Government, as the financial position is most difficult. At the same time he informed the provinces that they could not expect any further financial support from Peking.

At a financial conference held yesterday at the President's Palace, Liang Shih-yi, Director-General of the Maritime Customs, proposed, subject to the consent of the Tan. cheng yuan, to increase the amount of the Internal Loan by $20,000,000.

Text read from the printed page and cleaned; old type leaves the occasional error.

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