The Archive · 1911

Likin and Foreign Loans

THE QUESTION OF SECURITY

An interesting point is foresbedowed in connexion with the revolutionary proclamation abolishing likin, Of these the Kiangen likin has been made security for certain foreiga loans, as well as for a part of the Borer indemnity, There is " deputy Commissioner of Likin at Soochow through whom the likin of the province bes been paid to the Inspector-General, with an eye to thie eecarity.

Now we have yot some distance to go before the insurgent proclamation oan made effective, although the int well be n0 farther disorganization of provi finance, But apart from other security to be found, it is difficalt to see what sources the revolutionary goveroment will look to for the expenses of administration it all toxes are to be abolished. Military expenditare may be met for a while by the voluntary subscriptions poured out in the en-Itbneiasns. ofthe moment, but that

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

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