The Archive · 1925

What the Provinces Retain

The total amount of national revenue is approximately $459,960,000 1 year, of which the taxes directly collected by the Central Governnion Customs, Salt Gabelle, Wine und Tobacco and Stamp duties, yield about $262,800.00 a year. "if the estimated amounts were fully collected and the collections entirely remitted to Peking, there would be sufficient funds not only vice of the foreign and ie loans, but also for a great part of the administrative expenses of the Central Government." However, the actual collections do not come up to the estimates, and a good portion is withheld' by the! Provinces for their own use. The report then outlines the manner of the hypothecation of the venues, and says that in view this, "one may say that the Gov-evement is without any reliable fund which it may freely use for its own maintenance."

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

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