R
CONFIDENTIAL.
(3)
Downing Street,
17th November, 1904.
454
Dear Mr. Keswick,
The following is the text of the proposals
which I read to you at our Keeting on the 16th instant:-
Conditions D (with reasonable reservations)
(a)
(b)
and C of the Colonial Office letter of 24th June to be accepted by the Corporation. The Hongkong and Chinese sections to be constructed and owned by the respective
Governments.
(c)
(a)
The working of both sections as one under- taking to be provided for by agreement between the two Goverments.
The general terms of such agreement to be
arranged between the Colonial Office on behalf
of the Colonial Government and the Corporation.
(e) Negotiations then to be opened with the
Chinese Government by the Corporation, with
the assistance and support of the British
Government, for the final Ioan Agreement for
the Chinese section; such agreement being
on the lines of the Shanghai-Fanking Final
Loan Agreement, but modified so as to meet
the present circumstances and to admit of the
proposed working agreement.
(f)
The Corporation to obtain the concurrence
of the Colonial Government in the loan
Agreement proposals before submitting them
to