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be in Excess of what they could afford. The Pcking - Hankow line Seems to have cord about í 9000 or £9000 a mile. That Pcking Syndicate latity taken over by the Chinese Goocumed vako
મ
thu our to about £ 8000 a mile, uicluding untered during construction. and discount on the face value of the loan. The Chinese ane wah aware of these facks and probert that tu Be C Corporation Tailways are too costly.
Fanlings + Co have vend out vì fanus Jennell, who was a constructing. Enjuicer of the Shanhaikwau - Minmmtun railway and worked for some years under Kinder, to offer to the Chinese to finance and build railways for them at a cheap rate;
says £5000 or £6000
h
a mile. I told him itat he would
do
1
have my friendly sympathy ai tudung for any lines not clready promised to other Bailish fuiancial groups, but that of he wished to offer to build any of those, he must tehn his people to secure the support of the Foreign office.
Offers from such people at the rate of £ 5000 o
Paulings to construct £6000 will have the naturet effect of vhile further prejudicing the Therine apinst the BLC Crepnalitu.
Howcon Van bold ther the lotica. anxious to undertake the Canton- Kaslov. Railway, and popibly they
Wally migth be willing to abandon it, if their out of pocked Exprusca
are har
ラ
wir refunded. You know beten than I if this is feasible. and with the Vieney of Canton as ons diffim. At the present
✓ regard nepoliations with Shing
inipopible moment then is a vhong vet both 25 Fiking and in the promises agaunt allowuig farciguers any control son Chunne railways and we shali have to lount with that,
This letin is sheady too long but I thought I
must tell you exactly how these nations priscus thumsdors
后
My Vision
(542) Erness Sadow