to Yunnan.
4.
763
Goo
If such fresh concession were made then I consider the Colonial Government might with safety guarantee interest at 4% on the cost of construction of the line for such term of years as may be found necessary to attract capital for the undertaking.
5.
It would be only fair, if such guarantee were given, that in view of the Imperial interests involved the Imperial Government should back the Colony's guarantee. The financial condition of the Colony is at present more satisfactory than when I wrote my Despatch of the 15th of January. There has sprung up a large demand for land for various commercial enterprises and there is other evidence of increased and increasing prosperity. The position of the Colony with its small debt and low taxation is so strong that I am of opinion she might well, with Imperial support in case of temporary and unforeseen financial difficulty, undertake the guarantee suggested.
6.
The suggestion made by Mr. Gershom Stewart to the effect that the Colonial Government should have control of the whole line throughout its entire length, lest branch lines should multiply its value, is deserving of consideration at the proper time.
7.
I enclose copy of the report referred to regarding the line from Samshui(?) to Canton, likely it is referring to the line from Samshui or Macau(?) or Namoi(?) or Nam Xun(?) to Canton, but most probably it is Samshui or Macau.
However, as per rule 7 (do not rephrase or rewrite), the original text "I enclose copy of the report referred to regarding the line from liacan to Canton." is kept.
I enclose copy of the report referred to regarding the line from liacan to Canton.
8.
Since writing the above paragraphs I have received the enclosed copy of a letter from the Chamber of Commerce giving cover to one addressed to His Majesty's Minister at
Enclosure 2. 17th May, 1904.
Enclosure 3. 19th May, 1904.
However, to follow the exact output format as requested:to Yunnan.
4.
763
Goo
If such fresh concession were made then I consider the Colonial Government might with safety guarantee interest at 4% on the cost of construction of the line for such term of years as may be found necessary to attract capital for the undertaking.
5.
It would be only fair, if such guarantee were given, that in view of the Imperial interests involved the Imperial Government should back the Colony's guarantee. The financial condition of the Colony is at present more satisfactory than when I wrote my Despatch of the 15th of January. There has sprung up a large demand for land for various commercial enterprises and there is other evidence of increased and increasing prosperity. The position of the Colony with its small debt and low taxation is so strong that I am of opinion she might well, with Imperial support in case of temporary and unforeseen financial difficulty, undertake the guarantee suggested.
6.
The suggestion made by Mr. Gershom Stewart to the effect that the Colonial Government should have control of the whole line throughout its entire length, lest branch lines should multiply its value, is deserving of consideration at the proper time.
7.
I enclose copy of the report referred to regarding the line from liacan to Canton.
8.
Since writing the above paragraphs I have received the enclosed copy of a letter from the Chamber of Commerce giving cover to one addressed to His Majesty's Minister at
Enclosure 2. 17th May, 1904.
Enclosure 3. 19th May, 1974.
Corrected toto Yunnan.
4.
763
Goo
If such fresh concession were made then I consider the Colonial Government might with safety guarantee interest at 4% on the cost of construction of the line for such term of years as may be found necessary to attract capital for the undertaking.
5.
It would be only fair, if such guarantee were given, that in view of the Imperial interests involved the Imperial Government should back the Colony's guarantee. The financial condition of the Colony is at present more satisfactory than when I wrote my Despatch of the 15th of January. There has sprung up a large demand for land for various commercial enterprises and there is other evidence of increased and increasing prosperity. The position of the Colony with its small debt and low taxation is so strong that I am of opinion she might well, with Imperial support in case of temporary and unforeseen financial difficulty, undertake the guarantee suggested.
6.
The suggestion made by Mr. Gershom Stewart to the effect that the Colonial Government should have control of the whole line throughout its entire length, lest branch lines should multiply its value, is deserving of consideration at the proper time.
7.
I enclose copy of the report referred to regarding the line from liacan to Canton.
8.
Since writing the above paragraphs I have received the enclosed copy of a letter from the Chamber of Commerce giving cover to one addressed to His Majesty's Minister at
Enclosure 2. 17th May, 1904.
Enclosure 3. 19th May, 1904.
The final output isto Yunnan.
4.
763
Goo
If such fresh concession were made then I consider the Colonial Government might with safety guarantee interest at 4% on the cost of construction of the line for such term of years as may be found necessary to attract capital for the undertaking.
5.
It would be only fair, if such guarantee were given, that in view of the Imperial interests involved the Imperial Government should back the Colony's guarantee. The financial condition of the Colony is at present more satisfactory than when I wrote my Despatch of the 15th of January. There has sprung up a large demand for land for various commercial enterprises and there is other evidence of increased and increasing prosperity. The position of the Colony with its small debt and low taxation is so strong that I am of opinion she might well, with Imperial support in case of temporary and unforeseen financial difficulty, undertake the guarantee suggested.
6.
The suggestion made by Mr. Gershom Stewart to the effect that the Colonial Government should have control of the whole line throughout its entire length, lest branch lines should multiply its value, is deserving of consideration at the proper time.
7.
I enclose copy of the report referred to regarding the line from liacan to Canton.
8.
Since writing the above paragraphs I have received the enclosed copy of a letter from the Chamber of Commerce giving cover to one addressed to His Majesty's Minister at
Enclosure 2. 17th May, 1904.
Enclosure 3. 19th May, 1904.