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161

THE BRITISH AND CHINESE CORPORATION LIMITED

Translation of Telegram from Messrs. Jardine Matheson & Co., Shanghai 31st August 1906.

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We have received a telegram from J.0.P. Bland:-

Canton Kowloon Railway Tang Shao Yi enquires presuming that no change in the money market at what price are you prepared to lend 1,000,000 pounds what they propose is 961. stop.

I am not entertaining the proposal I would not recommend fixed price it will be preferable try and arrange for 5 below issue

The Chinese Government price Wai Wu Pu are offerinf 4. stop. decline recognise Shanghai Nanking Railway Agreement or Viceroy of Canton proposals as binding upon their proposal at present

as follows. British & Chinese Corporation lend 1,000,000 half

million taken firm by the Viceroy of Canton. stop. British and Chinese Corporation construction right opposed 5% commission limited to material from England. stop. I am using every endeavour try

and get better terms if I do not succeed I propose to leave in abeyance everything until arrival British Minister.

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