The Archive · 1929

Mr. T. V, Soong, Minister

Finance, in' a telegram to the National Government, announces his readiness to resume office in view of} the Government's assurance that the' Budget system will be enforced and military expenditure reduced. The Lo following is a translation of Mr. Soong's telegram:—"To the National Government:

bog to acknowledge receipt your telegram asking me to withdraw my resignation and stating' that the reduction of military expenses and the inauguration of budget system will be strictly carried out. I appreciate the confidence shown in me and have given careful consideration to your opinion. As it is my desire to serve the Party and country faithfully, I consulted with chairman Chiang with regard to the allocation of disbandment ex-He agreed that all dis-Bondment expenditures should be carefully supervised by the Party, the Government and public bodies; and that a special commission should be appointed for that purpose, so that no money can be drawn upon, for each with the a "As far as the budget is concerned, the Minister of Finance has hitherto only undertaken the responsibility of collection, but it is impossible to operate a Budget System unless he anticipates in. the control of ex-Ponditures of whatever nature.

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

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