20
2
576
taken is to arrange the terms of the working Agreement to be made between the two Governments and when this is done the British and Chinese Corporation can, with the assistance and support of the Colonial Government, proceed to negotiate for the final Loan Agreement for the Chinese Section, such Agreement being on the general lines of the Shanghai Nanking Railway Loan Agreement modified generally to meet the different circumstances and materially to admit of the proposed joint working Agreement.
The general modifications are not of immediate moment but to admit of the proposed joint working Agreement I suggest that there be substituted for Article 23 a new Article as follows:-
PROPOSED ARTICLE 23.
The Railway shall be constructed, whether departmentally or by a Contractor or Contractors to the Specification of the Consulting Engineers to be nominated by the Corporation and appointed and paid by the Board of Commissioners and whereas the Colonial Government of Hongkong are about to construct a British Colonial Government Railway from the Port of Hongkong to the frontier of British Kowloon with the object of connecting with the Chinese Railway at the frontier of Kowloon, the Chinese Government hereby undertakes on the ratification