In 1065, a special commission was made responsible in Paris drafting complete reorganization plans for the 'Munleipat administration, These laws published li 1860, Axed, in Article 9, the powers of the' Council fu ancial matters, notably those connected with expenditure, sche ules for collecting. revenues, apportioning the taxes among various contributors and methods of collecting taxes. 'The "administration of the 'Munlelpal 'Treasury rested with the Secretary assisted by a responsible tax-collector, 'The executive power of these laws was assured a' short ime later by a diplomatic agreement Signed In Peking on September 24, me time that the Works and the Police were slablished and the Council nom-ated a Finance Commitee who Were responsible for the discussion I questions, relative to Municipal revenue and for the compilation of the th annual budget. "The financial started on Aprit 1, and ended on reh 31. For the period 1871-72 revenue amounted to Tis, 81,941.51 against an expenditure of Tls. 75328, Ordinary and extraordinary "expenditure appeared in the same balance shee
Text read from the printed page and cleaned; old type leaves the occasional error.