In any further commanica-
tion on this subject, please quote
No. 1677.
and address-
The Under-Secretary of State,
Foreign Office,
London.

Sir:

PRINTE
FOR
USE
EASTERN
No.
88
COLONIAL OFFICE

Rece
0.0
25563
(Received 24 JAN 1906)
FOREIGN OFFICE
January 23 1906.

In accordance with the suggestion made in your
letter of the 15th ultimo, the British and Chinese Corporation were informed of the objections raised by the Governor of Hongkong to their proposal to insert the sum of Two million Pounds in Article 1 of the Loan Agreement as the amount of the Chinese loan in respect of the Canton Kowloon Railway.

I am directed by Secretary Sir E. Grey to transmit to you for the consideration of the Secretary of State for the Colonial Office, a copy of a letter which has been received from the Corporation in reply.

I am to draw your attention to the penultimate paragraph of the Corporation's letter from which you will observe that notwithstanding certain objections which they entertain to such a course, the Corporation are willing, in order to meet Sir M. Nathan's wishes,

Under Secretary of State,
Colonial Office.

to

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