The Archive · 1923

Dr. Koo's Justification

Though a communication received through Reuter's giving Dr. Wel" lington Koo's reply to the Prime Minister with regard to the con: solidation of Austrian loans is far too long for publication, it is of a nature that precludes it being passed by without comment: Evidently Peking jis still engaged in i, though it a political issue designed to tura Mr.. Lo Wen-kan, the Minister of Finance, out of office and to wreck the Cabinet of that day, for the benefit of the Tsao Jui party. Mr. Rodney Gilbert went very thorouglly into the matter at the time and pointed out that, though a definite bribe was offered during the negotiations, it was refused, but the Finance Minister did accept payment of a large sum repaid to the Government and this he credited to the Treasury. Since then, allegations of varying natures have

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

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