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shall be used to pay off the said advances so as to save the cost of
the aforesaid charge.
ARTICLE 22.
If any of the Bonds still remain unredeemed when the fifty
years of the term of the Loan are about to expire, the Director
General will, within two years preceding the expiry of the said term,
negotiate by writing with the Corporation for an extension of the
term of the Loan and if six months shall have expired after such
negotiations in writing and no definite arrangements shall have been
come to, the Chinese Government shall be at liberty to take steps to
devise means for procuring elsewhere funds to pay off the Loan, and
to redeem the Bonds and cancel the mortgage.
ARTICLE 23.
The
Immediately after the signature of this Agreement and before
the issue of any Prospectus of the Loan to the public, the Director
General shall memorialise the Throne and obtain an Imperial Edict
confirming and ratifying the provisions of this Agreement.
Imperial Edict so received shall then be officially communicated
without delay to the British Minister in Peking by the Wai Wu Pu,
and the date of such Edict is to be the date of the ratification of this
Agreement herein referred to.