The Archive · 1926

A Local Audit Committee

So far the local Manager of the! Bank has had no instructions from Paris but it is evident he had had from Shanghai or elsewhere, and there ix a perfectly friendly contact with the local Chis authorities the following will show. A local ion or audit Committee was formed yesterday, as a result of the conferences between the Bank the French Consul, ter with the Chinese The Committee include the Taoyin, the French Consul, the chief of Police, Mr, Lu-tai, representative of the " Civil Administrator, the Bank Manager and five Chinese Bankers. The most active part locally will be played by Mr, Lustai, who for years has been the compradore of the Russo-Asiatic Bunk and who has received official appointment from the Civil Administrator to act in his behalf. Yesterday afternoon the said Com-tee visited the Pristan Bi of the Bank, counted the cash the Bank and verified the books. Everything was found in perfect Jorder, and to-day they will do the same' thing in the New Towa The last report of the Bank shows that the China Government's capital includes 33 million taels Boxer Contribution as well as Ts, 1,750,- }000 from the same source in the Reserve Fund,

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

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