24047

XVIIT

Dr. Governor. Hong Kong.

104

Lo. Pentay of Tali.

My telegram of July 15th with refinuce to

3,000,000,

loan for construction the

au

extract from

following is just received from Salow.

a

telegram

"

buring 15

anxiety of the Viceroy railway construction loan to be sigund after yours Fraver informed the agents of the stong Kong & Shaugher Bank and the Charlcoad Bank that British Juiaucers would have first options in raising this

would shortly be

Вили

which

required. Viceroy wants it at 41⁄21⁄2 of but he does not propose to convry Such control over the railway

the

as in

case of the Behan railway, (be Says he has other security than the Qire to pledge), so I am afraid the Banks may

not be able to do the

loan. Please communicate as you

suggest in the last sentence of your telegram of July 11

will you now see

can be made.

Uti

what arrangeurato

in London in Cha

watter of this construction loan?

Nathan.

I

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