Retrenchment and Reform Promised: Sound Mr. O. M. Green's Letter to No Unilateral Pronouncements Economi ie Lines "The Times" to be Recognised Fron Ove Srectst, Comsewrononyt Nanking, Jan. 6. longer be tolerated by: the new ae(renchment. and reform, Dr.
Outlining his policy of fmmnciat Government.
London, Jan. 6.
London, In view of the recent develop Tnudicating the me.
'Zone frame and put into effect a financial policy based strictly on ments in China, the whole question in the event of necessity, the For-lof. extra-territoriality must. be rejcign 'Office has, Informed' the. Govbodetary principles is an elemnenconsidered de sve and Parliament fernment of China. that. it will not tary duty devolving pon any truly tiemosratie administration, The Iconsulted before concessions ave recognise ary unilateral promounceowing is a summary:—bation's budget must be carefully finally made, ment en the part of Chin on ques-Vor many years past there has, "This is the burden of a long ons affecting the legitimate vights compiled in order thet estimates of eon constant strife in our country. and interests of British nationals expenditure "and revenue may' be totter appearing in "The Times" to-'The. national revenues have been day under the signature of Mr. O. that country. This announcement ized mainly to defray evil war. dispels whatever doubt. may have Since the forriding of the Re obligations" has "been steadly Som of the. tations domine Jexisted as to the British Governe public, the national finances have The loiter, which is given pro-mountings while every available tien Handied in various, ways—the eminence, concludes with an eloquent lappeat for the treatment of the attempts by China to. present ments, attitude "towards pesable semblance of a budgetary system Source of revenue hes been explalt= has been attempted but " usually'
British community in China with ith a fait accompli Instgad of to secure the wherewithal for the fereater frankness and. considera~ fffecting changes in questions otthere has been an titer absence of pursuit of national fratriede, tion, standing between the two countries safeguards. In matters relative With an unprecedented national {o public accountability for national 'Many members of this community, Snrough the proper diplomatic chan-crisis towering over' the country cur financial difficulties at the pre-funds lip-serv' rel been} says Sfx. Green, have continually Rake important decisions on delicate Ail the other Powers have len Tendered. The want of confidence informed of this declaration of its font time. have Tetched a climax: thos engendered han been respon: matters. of government outside the ordinary "sphere of business. The attitude by Great Britain, My cormest endeavour will be to do sible for driving che nation's evel Iitmost along. the following lies to the were of condition of Shanghai and the Con-the hope of effecting a. read~ The "present administration, Icessions proves that they have done Fustiment of the national Ananees in pledged as it is to the cause of de!
Text read from the printed page and cleaned; old type leaves the occasional error.