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are to be submitted quarterly to the Head Office for report to the Viceroy for the information of the Wai Wu Pu and for his further report to the Board of Revenue and the Bureau of Mines for record therein, after such accounts have been approved, and signed by him.

Article 5.

As to the form of the Bond it is to be agreed upon by the Viceroy or by the Chinese Minister in London and the Corporation at the same time as this agreement is signed, but if hereafter the money markets in London or other countries require any modification of the form of the Bond, except in anything that affects the amount of the Loan and the liability of the Chinese Government which are not to be touched at all, slight modifications may be made to meet the views of the money markets by the Corporation in consultation with the Chinese Minister in London.

Any modifications are to be reported at once by the Corporation to the Viceroy for the approval of the Wai Wu Pu.

The Bonds are to be engraved entirely in the English language and shall bear the facsimile of the Viceroy and of his seal of office in order to dispense with the necessity of signing them all in person, but the Chinese Minister in London shall, previous to the issue of any Bonds, put his seal upon each Bond with a facsimile of his signature as a proof that the issue and sale of the Bonds are duly authorised and binding upon the Chinese Government.

Such Bonds are to be numbered consecutively, and as many Bonds as may be needed are to be properly engraved under the supervision of the Corporation and after they are sealed by the Chinese Minister in London as hereinbefore provided are to be countersigned by the Corporation.

All expenses for the engraving, safe deposit and sale of the Bonds are to be borne by the Corporation.

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