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Updated: May 10, 2025
That he would to-morrow write a letter of advice and a draft for us to take along, and that we should, first of all, obtain cash to the amount of Tls. 30,000, and let the balance of Tls. 20,000 remain over, for the purchase of painted lanterns, and coloured candles, as well as for the outlay for every kind of portieres, banners, curtains and streamers." Chia Lien nodded his head.
China, after a brief struggle, was severely beaten, and peace came as a relief. Then immediately the question of loans to pay off the indemnity arose. Two small war loans of Tls. 10,000,000 each were floated, it is true, during the actual hostilities, but the first big loan of £16,000,000 was not arranged till so late as 1896.
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