The Far Eastern Question

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But the same custom also prescribes, at least in theory, that remissions of taxation shall be allowed, especially in con- nection with the land-tax, whenever unforeseen visitations fall upon the tax-payer. As there are few countries where such visitations are of so frequent occurrence as in China, remissions of taxa- tion, if they really took place, ought to produce corresponding fluctuations in the aggregate receipts of the Imperial Treasury. One can hardly help inferring that as there is no t...race of any such fluctuations, the remissions themselves are only " make see," like so many other things in China, and that, while an immutable tradition has fixed the amount with which the central Government has to be satisfied, the rest is merely a matter of private bargain between the provincial and the Peking Mandarins. In fact, one notable exception serves to prove that this is the rule. After the wholesale impoverishment of the country by the fearful ravages of the Taeping rebellion, the assessment of the land-tax had to be reduced, and the effect of this reduction was at once visible in the diminished returns of public revenue which have never since been brought up to their earlier VIII THE FINANCIAL POSITION OF CHINA 99 level.

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