3.
government there will be provincial resentment 441 while without such surplus Central government cannot hope to transfer itself into a reality. But before that time comes Central government,already shadowy, may suffer complete collapse, an event which might arouse Chinese to danger of total disruption and make the provinces willing to assign larger revenue for support of an effective Central govermont. hether or not such an opportunity of dealing with above dilema materi- lises we consider the only practicable way out will be through institution of likin compensation tax.
Our suggested figure for this tax will make proportion of taxation on imports to be allocated to provinces during interim period one quarter. We fear more is not at present practicable but on the advant of tariff autonomy increase in this proportion could be considered.
In any case we must proceed step by step and our proposals will make a start with principle of provincial allocation and will only be accepted by other foreign powers if they also include provision for debts.
We believe moreover that this latter feature will also be of real constructive benefit to China as a whole because (1) It will help to prevent relapse of China into Bolshevism by preserving
self
No comments yet.
Private notes are available after approval.