British portion, exigent and
over £800,000 for the
which is a
Chaisse portion;
Z
mydifferent thing from the £900,000 £600000 mentioned
by Sir M. Nathan.
But it is seen that the
Expenses allow nothing for land,
Thein Tsa Tsu
he proposes to put the
now for the reclamation of
Baz
where he
terminal station: the cost of their work
fake
the Col. port.
The Engineer also proposes a
tunnel
under the fire. Hands, who will bring
into the matter.
the 2.0. into the
Altogether it seems
might do
well to Consult
152
that we
C. Affuli
experts before we hale ourselves when
it is not too late) other scheme (if it
Draft
annexed
M
1076
for consideration
C.Pd. 17 June
MO
C. O.
19795
THE BRITISH AND CHINESE CORPORATION. LIMITED. 445
USE
JJ 04
3. Lombard Street, London, 20
NI
EASTERN
No.
COLONIAL
88
OFFICE
The Under Secretary of State,
Colonial Office,
Sir,
Downing Street, S. W.
June 3rd. 1904.
KOWLOON TO CANTON RAILWAY.
On the 6th. ultimo I acknowledged the receipt of
your letter of the 3rd. idem No. 13052/1904 in which after
expressing views adverse to the proposal relating to the above
named projected Railway, which had been submitted to you by
the Corporation, you invited the Directors of the Corporation
to consider a counter proposal made by yourself and specified
in clause 5 of your letter.
The counter proposal having been considered by the
Directors of the Corporation the observations they had to make
were embodied in the accompanying Memorandum, a copy of which
I submitted personally to and left with Sir Matthew Nathan and
Mr. Lucas on the 31st. ultimo.
It will be seen from this Memorandum that the
principle of your counter proposal is viewed favourably by
the Directors of the Corporation and that in receiving an
expression of your concurrence to their so doing they will
proceed to negotiate with the Chinese Authorities for a
"Final Agreement" for the issue of a Chinese Railway Loan to
construct that portion of the Railway which will be in Chinese
Territory.
The Agreement will necessarily be on the lines of
the Shanghai Nanking Railway Loan Final Agreement with such