The general then touched on the criticisms that had been made, befsause the new government lacked State head and other organs, such those of diplomacy, finance and defence. Such criticism was not really Justified, he pointed out, for the preent government was "only " tem-orary organization and had the ad-Vantage of being cheap and simple and met the immediate requirements very well. A more elaborate, formal {yovernment would be set up at some future date, when conditions appeared warrant it. The general was very atlsfed with the ancial outlook for the new government, because it expected to draw $120,000,000 anually from the. Tientsin Customs Fevenue and the Salt Gabelle. This was more than enough.
the former bad days, under the unpopular Kuomintang government, fall this money had been squandered on useless soldiery. But the new, government would have no army to uppert—at_ most a few thousand Peace Preservation Corps men—and all the money would be spent solely for the good of the people. He felt, moreover, safe in assuring "foreign ents, although It was not really within his sphere, that the new government would undoubtedly take over, the foreign and domestic loan services and would also respect all {treaties with the foreign Powers, even those severing extraterritoriality rights.
Text read from the printed page and cleaned; old type leaves the occasional error.