The Costino,

to Sir. X. Jordan. Peking

No. 181.

IREC

C O

40304

IR-GE I NOV 06

Canton Kowloon Railway.

October 26, 1906.

3.25p.m.

Hong-Kong and Shanghai Bank state that rate of exchange for the service of the loan is now the only question outstanding.

and that you do not consider point worth fighting for. They consider that to admit Chinese contentions would create a most injurious precedent, and live way.

They are telegraphing to Bland to offer Chinese the option to settle rate of exchange at any time within six months prior to date of payment of each instalment.

You may support Corporation in conceding this proposal which can be expected to ...

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