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no further payments need be made to the British.
Government on the Indemnity's account, and does His
Majesty's Government intend to make this remission
without first passing an Act of Parliament?
total capital value of the Indemnity, as stated in
the Blue Book (China No.2 (1926) ) entitled "Report
The
of the Advisory Committee together with other
Documents respecting the China Indermity", is £11,186,547. Of this amount it is understood that some £3,000,000 are now deposited with the Hong Kong & Shanghai Banking Corporation at Shanghai. Is it intended to remit to the Chinese Government forthwith
more than £8,000,000 and thereafter, when the necessary legislation has been passed, to transfer an additional sum of £3,000,000, representing the balance of the deposited funds, with some possible reductions
to the Chinese Government? This would seem to be
an unprecedented course and I may perhaps have
misunderstood the proposal.
4. I have never supported either the Willingdon Delegation's recommendations or the Advisory Committee's Report, but I have always been officially informed hitherto that His Majesty's Government was determined to carry into effect the recommendations of this report. The proposals now put forward by His Majesty's Government, if I have correctly understood them, throw the basic recommendations of the Advisory Committee's report to the winds, while at the same time the Chinese
Government
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