The Archive · 1928

New Prediction by U. S. Missionary

Atlantic City, N. J., Jan, 1, The revision of all treaties between China and the United States within the next three months was predicted by Dr. Warnshuis, the secretary of the Foreign Missions Conference of North America, in the course of a speech here today.

Dr. Warnshuis said that he had been informed that at least three Chinese had been named by the two Chinese Governments to participate in the negotiations,—Reuter. from the 24 per cent. Customs Surtax and an additional $110,000, from the Export Tax Duty of the 24 per cent. Customs Surtax, shall be appropria \s amortization funds for the reimbursement of both the principals and interests until the entire loan shall be redeemed; that the Ministry of Fin-of the Nationalist Government shall instruct the Superintendent of the Shanghai Customs, the various} 24 per cent. Customs Surtax Collection Bureaux and the Kiangsu Provincial Finance Commissioner, to carry out these regulations accordingly.

10. No changes shall be made both in the stipulated period and amount of reimbursement as specified in these regulations with reference to the amortization funds of the said Bonds in case of changes in the modes of collection of the customs duties, and the Ministry of Finance shall instruct the Superintendent of Customs to make the regular and full appropriations every month as hove-specified, in the event of the increasing proceeds from the customs duties.

LI. The Broad of Trustees for the amortization funds of the 24 per cent, Customs Surtax Treasury Bonds, shall be commissioned to take charge of the altairs of paying the monthly interest and reimbursing the principal of the said Bon 12, The par value of the said Bonds shall be classified into the $10,000, $1,000, $100 and $10, four kinds.

18. The said Bonds shall be issued as Bearer Bonds.

14, The said Bonds can be held as bank reserve and also as col-Interal and securities in transactions with the Government.

15. Those who counterfeit the said Bonds or undermine the credit of the said Bonds, shall be rigidly prosecuted according to law.—Kuo the course of a telegram to his Shanghai represent Gen. Yen Shihan, the Model Governor of Shansi, states that he has sworn to continue the fight against Fengtien and to oppose them to the bitter

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

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