Army, a full division for each province,
100,000 men at $100 a year 10,000,000
Conservation, public works, repairing national
architecture, famine relief, etc 50,000,000
Navy for revenue purposes mainly, with one
dreadnought a year added 24,000,000
Education and crafts schools 100,000,000
Canals, railways, steamships, telegraph,
telephone, etc., extensions 100,000,000
------------
$330,000,000
This proposes $330,000,000 a year for 400,000,000 people, against
Japan’s $350,000,000 a year for only 55,000,000 population. This plan
wipes out the obnoxious opium and likin taxes. The taxes proposed are
less than half per capita what poorer India is paying, and one-tenth of
what Japan is paying, and so China would remain the lowest taxed nation
on the earth. The outstanding government debt of China, even including
the proposed four-nation loans of $50,000,000 gold for currency reform,
and $50,000,000 for new Szechuen and Hunan province railways, is, as
I have detailed elsewhere in this article, only £113,000,000, whereas
the present government debt of Japan, with infinitely less resources
and population, is £300,000,000, not to speak of Japan’s private
industrial loans abroad, which would add another £60,000,000. India’s
debt is £170,000,000. The tax proposed in China is so small that room
is left for each province to charge a door and head tax of 25c each
a year, bringing in an additional $100,000,000 gold for provincial
revenues to take care of justice, provincial public works, etc.
Municipalities could then raise their ordinary taxes in the usual way.
All that is wanted in China is an honest audit, the end of nepotism,
and a cessation of “shaking the pagoda tree” by peculating officials.
The whole central and provincial tax would not amount to much over
$1 a head a year, and the municipal taxes would not be any larger
than $1 per capita. This would not be a burden to cause complaint or
revolution. With the immense sum collected China would almost at once
take her place as one of the mightiest of nations. Her credit would
be enormous, and her opportunity for good the greatest in the world
because of her wider ethnic connections. She would not need to raise
her customs much above the present five per cent. ad valorem, and thus
oppressive monopolies could not grow up in the land. Free trade would
flow to her with its riches, as it flowed to Britain, and every man
would have enough, and no man too much; certainly an ideal condition.
This budget would provide a splendid army of well-paid men ($8 gold
per man per month is abundant); 100,000 strong, able to throw back
any invasion at once, and always ready to keep down piracy. Riot and
strikes are not unpatriotic piracy; they are the localized suppuration
Public-domain text, read in full here on John Shaqi.
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