China's Hoard.
Japan, a cable message tells us, wants a guarantee that China can and will pay a big war indemnity. If travellers' tales are to be trusted, China should be able to pay the biggest war indemnity on record without any difficulty. Moukden is the sacred city of the Manchu dynasty* It is stated as an authenticated fact that the wealth sent annually by the Court of Pelrin to Moukden and hoarded there is immense. It has been the custom of the Court since the inauguration of the present dynasty to send every year to this city 6,000,000 taels to be stored, and calculating at this rate, the treasure must have reached the sum of 1,200,000,000 taels by this time, for the reign of the present dynasty over a vast territory of 400 provinces, dates back to 200 years ago. It seems incredible to the Western world that such a vast amount should have been buried and stored in the earth without ever being utilised, but it is in perfect harmony with the Chinese methods of taking precautions for future contingencies. A tael is nominally worth 4s lOJd. The reports of the treasure in Moukden may explain the anxiety of the Japanese to capture the city.— Exchange.
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Manawatu Herald, 11 December 1894, Page 3
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208China's Hoard. Manawatu Herald, 11 December 1894, Page 3
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