passed between this Government and the Houghong Chamber of Commerce on the subject "of the offer contained in _ Mr. Judd's letter; and, as Your Lordship will observe from their letter, the

Chamber, while admitting the commercial importance importance of connecting British North Borneo and Honghong by cable, still deprecate the appropriation of any portion

the revenue of the Colony

of

to

543

to subsidiving the proposed

line.

3.

Should the

contemplated arrangement between the British North.

Borneo Authorities and the

Company in question, be effected, it appears to me

that it would be cause

for

thus

regret if the opportunity afforded of establishing direct

communication

telegraphic with Singapore

for

were

neglected, I cannot but regard the

present

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