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proportion of the loss upon the China and Japan Mail matter which Hong Kong would be called upon to provide for in the event of its admission into the International Postal Union.
It appears that the proportion of loss which would have to be borne by Hong Kong would be £3150 per annum as stated in my telegram above referred to.
It would be unsatisfactory and inconvenient to determine the higher rate of postage between Hong Kong and the Eastern Colonies after the latter Countries have been admitted into the Postal Union, and the advantages of the Postal Union,