 The Washington Conference also agreed on the implementation of the "Washington System", headed by the USA, a system that would have guaranteed more customs revenue for China, strengthened its government, and dismantled grievances against foreigners.For a time, the Washington System was a system many in the West thought would be implemented.However, this never happened, partly due to wars, and, more importantly, due to the "Gold Franc Dispute", where some countries insisted that China pay its Boxer indemnity payments through gold specie instead of the Franc, which had by then depreciated in value, a demand that V. K. Wellington Koo rejected adamantly, leading to France refusing to ratify the treaties.