Due to War and Depredation by Provincial Leaders: But All Revenues Met and Still a Handsome ross Peking, Jan, 22.
The net salt revenue for 192. after meeting administrative ex: enses, which was credited Kroup of banks during the year [amounted to 879,514,000, whic shows decrease $9,001,000 compared with the revenue for 1924 Jand a serious decrease un the revenue realized in all former years since 1916, The decrease is largely if not entirely due to the difficulty and uncertainty of transportation on account of the civil wars in the Loy Yangtze und North China ax well Jas to the confusion caused by the arbitrary interference of Tuchus Chi Hsieh-yan in Nanking with the Salt Administration during: the last four months of the your in direct violation of the Reorsa a group of banks by ial arrangement, do not in= clude the full amount of the venue retained by veal authorities trict in May, 1923, owing to the il ference of the local authorities, Jand not having been re-uponed during the year 1924, In addition to retention 4 in the pro ne has also been retain during the last- months of the year 1924 owing to the local mil tary action The reserve in 9 group of banks was maintained dun the $7,000,000.
777,000, were fully: plus funds released to the Chinese Government during 124 amounted to $64,700,000, (including $12,666,- }000 received from the Mai [Customs on the account of the fund of Reo year, as provided [for "1925. The increase, xanetioned on account ments for the year).
Of this amount some $83,466,000 represents sums cither retain locally or appropriated by provin-[cial authorities or military. commatlders. These retentive, which were attendant prises 10 Europeans, 60 Indians and 140 Chinese and will bring the total effective strength of the "force. to 1,625. A new Superintendent, Mr. Scott, has been appointed,
Text read from the printed page and cleaned; old type leaves the occasional error.