Other issues are designated for particular expenditures. 'The proceeds of the 17th Year Short-term Currency Bonds of $30 millions, for instance, were allotted to the Central Bank, the Bank of China and the Bank' of Communications as capital subscribed by the Government, The proceeds of the 17th Year Long-term Currency Bonds of $45 millions were designated for the liquidation of the bank-notes issued by the Central Bank, the Bank of China and the Bank of Communieations in Hankow, The 18h Year Famine Relief Loan of $10 tnillions, as its title indicates, was used for famine relief. in different provinces and in particular for the improvement of waterway communications in Hopel The Short-term Loan of $4 millions is for river conservancy and the reclamation of waste land.
The above-mentioned loans have been used for reconstructive pprposes, and for non-military and nonpolitical expenditures.
As to the 18th bandment Loan $20 millions of this loan is now in the custody of the Sinking Fund Board of Trustees. The remaining $80 millions is mostly held by banks.
additional security against loans advanced, only from $5 millions to 36 millions of which have been used for military and political expenditure—Kuo Min,
Text read from the printed page and cleaned; old type leaves the occasional error.