originals in China in 1949. Subsequently, Biola refiled and received approval of their application based on the deeds. 121 But, it wasn't until 1979 that a breakthrough occurred allowing for the payback to proceed. As the Los Angeles Ti~es reported:
Under ~he settlement, China would pay $80.5 million to the United States Treasury to settle close to four hundred American claims totalling $196. 8 million ·· . . . China agreed to pay $30 million to the United States Treasury on October 1st., and pay the rest of the $80.5 million in : 122 five equal installments each October .until 1984.
This step by China was necessary prior to negotiating a United States - China trade agreement. 123 The total actually recovered equalled forty-one cents on the dollar; and for Biola, which had claimed $1 million based on a . 1943 property evaluation, 124 the pay_~ a ck was pro j ect e d at approximate 1y $ 400 , 000 . On July 2, 1979, the final news of reparation arrived - based on Title I of International Claims Settlement Act of 1949. A -.first -installment of $.135,991 was received on February 20, 1980, ?6llowed by sub~equent s~aller payments of $47,000 each fa11. 125 Overall the agreement represented part of a· general repayment to th~rty missionary organizations in the United States. 126 But, for Biola, that old missionary gentleman in San Clemente had provided the key for this unexpected windfall; a benefactor of Biola University's new School of World Missions and Intercultural Studies launched in 1983.
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