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Updated: May 27, 2025
The favor and the age of Keen Lung left Hokwan absolutely without control, and the minister turned his opportunities to such account that he amassed a private fortune of eighty million taels, or more than one hundred and twenty-five million dollars.
The favorable opinion which his father had held of Kiaking does not seem to have been shared by all his ministers. The most prominent of them all, Hokwan, who held to Keen Lung the relation that Wolsey held to Henry the Eighth, soon fell under the displeasure of the new emperor, and was called upon to account for his charge of the finances.
The execution of Hokwan restored some of his ill-gotten wealth to the state, and served as a warning to other officials; but as none could hope to enjoy his opportunities, it did not act as a serious deterrent upon the mass of the Chinese civil service.
If arraigned, they might have justified their conduct by the example of their sovereign, who, instead of devoting the millions of Hokwan to the necessities of the state, employed them on his own pleasure, and in a lavish palace expenditure.
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