... path of events. The fall of the Manchu government resulted in the disintegration of unity within the financial administration. Because no clear distinction existed between central and local revenues, the warlords retained whatever proportion of tax collections they required for their own use. In 1913 the government expected 32 million yuan from the provinces yet only received 5 million, consequently, Peking had to ... central government. Additionally, there were two other important sources of income which were corvee and the issue of local currency. Under these crushingly high taxes, th...

• Word Count: 4353
• Approx Pages: 17
• Has Bibliography
• Grade Level: Undergraduate