360
Bid od wield anojnels MG Ron) 19JJAL 8 10 goldejament
.J819Aut 30912 pi9195x?
.Hour
.CC PLOOK! TOY
AROJ 16191 Jasuper) anga, eri snad etri lu
279LICANSOJE act.198 ejl Jsið Jort 413 of swani quta7on 943 3
Mixed 1990 evrð, tdez00 £394401ved enllo DEGUTAM Sid at -(emotiot ee 918 19id #on* 1 2* **l es eJoni sat .siduund old sort street to feob at esk
,**<>loiannia MÍJ 193#JAJ autaijo to edonone11ft rand eved 20.5 (lejeving „Bollo dɔok at 291dound sdi ad Lates&
.9108 10is -pad Jiwood anetsued wij daad Dies 204 JL 6918is 1803 190 1 gerde al 10 B2-4uo piau sbnon *-ido at (2918ta 9d3 10 ALTHAJ -alized or federalt asið sið Jeid tur jabard desin914 AI JIMI 28* Bild JP37 901e Javƒ „Youden vid J{ 093192009 Teved 28# (pá) noj ovni (nerale* DNE 180179ai) anɔIJA) Ond Bid to atebiodaouda sắt JJ 900 (1)8812 81 Ji bae midstod (floor *1ow of BIGRAM #790 su ¡berts5u eki #tujjut 8u01192 ul Jedd Jibens a’asenet .1% unu) os caue diara Beijiworldņi bae #lowond eʼtric .17 lo sound Larastotoude all gone dotato do sonoqe**i* ad? of bætudezJJE 80 VJ Vatel ** *1 39i* 、、8b 14130 old or 992 od 9180 108981 .TU seo sid de hur becil 8 ad donde at aɔijeudie Jiuorilib mid -40 947 MS MTX190 1*01 2yon Wldraelis 2 bajesuque ad æld 118 10 TU-men (:) -131
•
+
to sched all at wafema1 Asada Bij 9¢ 1 =141 and 118 1919bu997v8 1913 208
MIJNS AND 4990 med ud sustish 80s allwolle (nej100 metai8S tral (ousi cox4 tot 191 (3) 10 (us)donjeajo mij bar 191JNGD
10102
firmly with the matter recognising only the American Company as
entitled to do the entire construction work and the American
Directors to manage the Company and allowing no other person to
interfere therein. If (a) and (b) are not practicable suggestions
there remains (c), viz:- divide the construction work into two
parts, one under the American Company and the other under the
Belgians such division to be defined and approved by the Director-
General.
In my humble opinion the reason why the
concession of the Canton-Hankow Line was given to the Americans
lay in the fact that America has never given China any trouble,
and would never attempt to weaken China's sovereignty in the con-
trol of this railway. Its Government is strong and can be used if
necessary against aggression by the Belgians and French on the
Lu Han Line. This is no doubt your own views. If the American
Company surrenders its concession to the Belgians there will be
endless troubles and people will say that both the Northern and
Southern trunk lines must fall into the hands of the Russian and
French. Therefore proposal (a) cannot be accepted. With regard
to (c) and the division of the railway, it seems on the surface
to be a fair way of dealing with the shareholders of the two
nationalities and calculated to prevent trouble. It is, however,
the American Company which has entered into the contract (with us)
and when the American sold their share they never notified us; now
each side wants to obtain more power. This is certainly a matter
which must be settled by the shareholders themselves; it is not
possible for us to recognise the Belgian shares; therefore propo-
sal (c) appears to require careful consideration. As to (b), viz:-
that only American and no other nationality will be recognised as
entitled to exclusive control of the construction work, it is, I
presume, workable and in accordance with the agreement. Kindly
X2
advise