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THE EMPEROR AND HIS CHANCELLOR
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was in need of money, Yi Yohg-ik created the desire for a loan by withholding the revenue of the Privy Purse from his master. It was explained to his Majesty that his financial embarrassments were due to the action of his Chief Commissioner of Customs in locking up the proceeds of the Customs. Supported by the influence of the Russian and French Ministers, Yi Yong-ik suggested that the Customs revenue should become the security for the loan which was being pressed upon him by a French syndicate. When Mr. McLeavy Brown heard of the transaction between the agent of the syndicate and the Minister of Finance, he at once repudiated any hypothecation of the revenues of the Customs for such a purpose. In co-operation with the French and Russian Ministers, Yi Yong-ik, upon a variety of pretexts, attempted to bring about the peremptory dismissal of the Chief Commissioner of tiie Customs. He was foiled in this by the unexpected demonstration of a British Squadron in Chemulpo Harbour, and the attendant preparation and embarkation of a field force at Wei-hai-wei. Upon the withdrawal of the guarantee of the Customs revenue the Franco-Russian scheme collapsed, the agent of the interested syndicate returning to Europe to complain of the action of the British Minister and the Chief Commissioner of Customs.

Yi Yong-ik is an instance, together with that afforded by Lady Om, of a Korean of most humble birth rising to a position of great importance in the administration of the country. A man of low parentage, he attached himself to the fortunes of Min Yeung-ik, gradually forcing himself upon the notice of his patron, as also of his sovereign. The services which Yi Yong-ik rendered to the throne during the émeute of 1884, when he was a chair coolie in the service of