**

都想

5.

579

5.

6.

The Net Revenue of the Joint Railway to be divided half-yearly between the Colonial Government and the Chinese Government in proportion to the capital of the respective Governments employed in the construction and operation of the Joint Railway. In the event of the Railway being worked at a loss, such loss shall be borne by the respective Governments in the like proportions.

The Agreement to be capable of modification and determination by mutual consent, but not otherwise, nor while any Chinese Government Railway Bonds and Net profit Certificates issued in connection with the Loan to construct the Chinese Section are outstanding without the concurrence of the British and Chinese Corporation.

I am,

Yours very truly,

whewied

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