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failure of his scheme for raising funds by means of a
further internal bond issue to be secured on the Customs
(see "aragraph 14 of my despatch above refßrred to). Fis
brief tenure of office was typical of the spirit in which
Chinese Ministers of Finance now function, bending all
their energies to raising funds by any means for their
military patrons without a thought for the future or the
manner in which the obligations they incur are later on
to be met by their sCCOBBOTE, As stated above the
Ministry of Finance remained vacant unt 11 Chang Thi was
appointed a few days ago. At one time Tang Ko-win, Gover
of the Bank of China, was put forward as the Chihli
candidate for the most, but he withdrew at the last
moment, apparently under pressure from his Bank and Chinese
Banking interests; it is said that Thang Tso-lin announced |
his intention of closing all the branches of the Pank
of China in Manchuria if he accepted office. It is
customary now to expect each candidate for the post of
Minister of Finance to have some scheme up his sleeve for
carrying on the financial affairs of a bankrupt administra-
tion, and it was understood that Tang intended to assume
/office
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