Barshly t 36
Pus
SECRET.
CABINET 61(27)
27
Extract from Conclusions of a Meeting held at 10 Downing Street on Wednesday, 14th December, 1927, at 11.30 a.m.
CHINA
11. The Chancellor of the Exchequer gave notice
The Boxer to the Cabinet that he was studying the possibility of Indemnity.
utilising part of the Boxer Indemnity for the cost of
the Eritish forces in China. In the present chaotic
state of China it was impossible to divert the Boxer
Indemnity to the purposes approved by the Cabinet.
Some £2,000,000 had accumulated, and the amount
received was £400,000 a year. In the following year
the cost of maintaining military forces in China was
estimated in the region of £800,000.
The Secretary of State for Foreign Affairs
warned the Chancellor of the Exchequer that if any
part of the Boxer indemnity were diverted for other
purposes there would be many claims; for example, the victims of the present unsettled condition of
China.
(Initialled)
S.H.W.
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