The Archive · 1923

Boxer Indemnity and Gold Francs

Parliament's Strong Protest Against French Action Over Salt Surplus

Peking, Oct. 31.

Parliament has addressed interpellations to the Government on the questions of payment of the Boxer inG@emnity in gold francs, redeemable notes, copper notes and Government bonds.

The members of Parliament consider that the payment in gold francs and the release of the salt surplus are not related and, therefore, condemn the Banque de U'Indo-Chine for withholding the salt surplus. They ask the Government to continue to protest to the French Legation.

Parliament draws the attention of the Government to the fact that since Mr. Tung Kan's tenure of office as Finance Minister the Government has issued redeemable notes to the value of $10,000,000, which have depreciated with consequent detriment to the national credit. These should be consolidated under proper administration. Parliament wishes to learn the Government's intentions in this matter.

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

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