CO129-482 - Public Offices - 1923 — Page 371

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rice with plans for raising funds in connection with

Gold Franc and German indemnity questions. As regards

the former, the dispute regarding the payment of the

rench share of the Boxer indemnity, whether in gold or

baper franca, remains, as Your Lordship is aware, lineet

led owing to parliamentary obstruction, while the French

re for their part bringing pressure to bear by holding

their share of the Salt releases; and it appears that

ary: had formulated some scheme for settling with the

rench and thus securing the Salt funds in question,

n also possibly some further financial windfall arising

ut of the settlement. As regards the latter question,

T

is reported in my despatch No. 434 of 4th instant the

Finese hope to secure a very considerable sm in cash

On the conclusion of a final treaty with Germany in the

hape of the funds which have been accumulating in the

Toup Banks for the suspended service of certain Chinese

overnment bonds of German issue, "hether thang Ju will

roceed with these schemes, or whether he had other

dane for raising funds, remains to be seen, Chang has

for many years a prominent political and financial

prire in the ranks of the Northern Military Party, both

Fead of the Salt Administration and later as Minister

/of