The Archive · 1914

News from the Capital

The Central Government has received 84,510,000, as monetary contributions from the provinces between November 11 and 20, 1914, This sum is mostly made up by taxes collected by native customs, salt revenues and stamp dutit The report diligently disseminate ed by the Japanese that Dr. Chen Chin-tao, who is studying financial methods in foreign countries, has opened negotiations with American capitalists for a loan of G.8100,- 000,000 for the purpose of developing China's industries is not yet Inquiry at the American ted only the reply that such a report was heard of two months ago, but nothing had officially reached that Legation regarding this report, Sheng Hsuan-huai, formerly known as Sheng Kung-pro, has subscribed a donation of $100,000 to the relief fund of Kiangsu. As the relief measures in Kiangsu and Anhui are being taken together by the officials, naturally Sheng's favouring Kiangsu alone has roused the ire of the Anhui men; but as there is no lack of millionaires in Anhui too, some day their purse strings may be loosened to eclipse Sheng's generosity.

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