39

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"shall be arranged and the Naiiway worsed under conditions based on the "agreements usual in regard to the junction and working of inter-state frailways in other countries. The viceroy and the Governor of Hongkong *shall in due time appoint officials to consider the subject and to "arrange regulations accordingly.".

Mr. Bland suggested the advisability of making a date for these negotiations to commence but M. B. T'ang Shao-Yi considered this to be unnecessary, and outside the scope of the Loan Agreement.

Mr. Bland further suggested that, in accordance with the provision of the preliminary agreement it be generally stated under this Article that the railway would be hereafter worked in connection with the trunk line to Hankow, a condition without detriment to China and calculated to improve the prospects of the loan. His Excellency was opposed to the insertion of this statement.

Article 3. deleted.

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11: lë artícies 4 and 5. Accepted without modification.

Article 8. This article was considered in detail and eventually passed with the addition of a clause providing for the appointment of a Chinese Accountant for duty in the Chief Accountant's Department,

A. . T'ang Shao-Yi having another appointment this meeting adjourned at 4.80 p.m. another meeting being arranged for Wednesday the 10th. :instant at 3.45 p.m.

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