M::

199

the policy indicated

it bunker

"is

Lula de

them his to confidulce && pass

Comodinouce

You trus

arrangements in the above lives without reporting

further to us.

Let

V

me know the progre

and the dates and places at whiche

funds will be required

as well

the mact amounts of the

rarono inftaiments.

Your litegrams was but Foreign offic

From Govtun Houqiong

VI

repeated by

Lyttelto

To ABMMunsha Pething

_dated 1/7/05

& propose for your conceduation the following conditions for a Corn of £1,100, 800 from this Houghong Goot to the Viceroy Wuhang : -

Condition 1. Vimperios Bluse vandionung toan to be i fond.

Condition 2. Interest to be al 4/2 %% per annum payable /zycnity & Hongkong & Stucured by the opium Rusual of upch « Misman."

Condition 3. Ternis lobe ten years with liberty to pay off in after flin years

Condition 4 A payment of £ Soo we to be made within the days of an completion of the final loan Joust workers agruencats from the railway from Cantor to Kowloon. In remainder in 2 Equal instalments the fires to the 36th 54Frister and the second by 16th December.

Condition 5. Wuchang, Canton Víuroys & Govorne Munau ti qios offerance in writing that incast of forcise capital on Engineus benig tequirid for railway in the tu kwang s liang Kian pasónsso fires option of supplying them or sither of them should be given to qreat Britacis!

Conditions, Same pervous to give ofsurance in coriting this until loan to repaid no creany consulo wch be must with any Companynał wholly Chuicos nor with any Foreiqu Gro" for counuting Cantor with any deepsea port Exups ↳y apaunus with God'of Hong Kons

with regard to 2 do you turk security good.

Requding condition four fustinstalment caus to me but way of securing carly completion of neg straliour for Kowlood Canton railway bad as regandov ubsequent cristalments you can vary the conditions as you Huik fit.

Requrdung 5th condition, Sq5. ingqob abra Exécurios aparances to cover makuiat for Equipment and couchuition of the railway but I feel doubtful if we shah qes such afirisances so wth as our other requirements

Condition 6 is zemeðal Un Extenciós of the Cantem. Hankow railway to lobampoe, i osvrt the councising of Cantoi wila Kwáng Chan lan but I (cave its victurion Entirely to your dissution.

Natten

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