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Question

Volume 172: debated on Friday 24 July 1863

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said, he rose to ask the Secretary to the Treasury, In what Annual Account, and in what year the sum of 451,000·26 dollars, balance of the sum of 3,000,000 dollars received from the Chinese Government under the Treaty of Nankin, in payment of the debts due by Chinese merchants to British subjects, was brought to the credit of the Nation?

said, in reply, that the Chinese indemnity was 21,000,000 of dollars, 12,000,000 for the war, 6,000,000 for the value of the opium, and 3,000,000 compensation to the Hong-Kong merchants. That sum was increased by interest and other charges to 25,800,211 dollars. 250,000 dollars were allowed to the Chinese Government, and 2,548,981 dollars were paid to the merchants of Hong-Kong. The sum received into the Exchequer was 18,158,755 dollars, being equivalent to £4,050,090. This sum was carried to the credit of the Government in succeeding years, as it was received.