2

655

traffic to pay the interest on the bonds, failing which the Chinese

Government will have to provide it; the only alternative being to

increase the loan to a safe figure (of which the whole need not be

issued) or to take powr in the agreement to issue supplemental pari

passu Fonds in the event of the principal loan being in sufficient.

The Engineer's estimate for the construction and equipment of

24 miles in writish Territory exclusive of land 18 # 488,317.

9

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