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THE BRITISH AND CHINESE CORPORATION, LIMITED. 489
TELEGRAM FROM SHANGHAI, OCTOBER 13TH. 1905.
1
We have received a telegram from C. H. Ross. Have had an
interview with the Viceroy of Hankow who informs us that
according to instructions from Peking he cannot borrow on account
of Canton Hankow Railway but is anxious to provide funds for
immediate redemption Bonds issued by American Company estimated
roughly at £450,000. The Viceroy of Hankow would prefer
further Loan er Loans from the British Goverriment on the same
terms as before and the English Consul at Hankow is telegraphing
to Hongkong Government accordingly. In the event of the
Hongkong Government unwilling at what price can you positively
offer
l and Security the same as the British
Goverme -nt Loan £1,100,000. We suggest consult the Colonial
Office. With reference to foregoing our opinion is the Chinese
Government forced to present attitude with regard to Canton
Hankow Railway by French and Belgian demands and when all
Foreign interests terminated will probably be in a position to
offer business.
Imperial fuerant
A