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opposition to the Edict.
The Viceroy's objections were then discussed SERIATIM, and certain verbal amendments agreed to under Articles 1, 4, 6, and 15, the object of these amendments being the clearer assertion of the authority and dignity of the Chinese "Government". It was stated that certain other proposals by the Viceroy were impracticable and would be met by explaining to him the facts in each case.
H.E. T'ANG SHAO-YI objected to the inclusion in the preamble of any reference to the preliminary agreements as calculated to create an erroneous impression on Chinese public opinion; he also desired that instead of making the Viceroy responsible for the railway, the agreement should refer to the representative of the Chinese Government; this because of certain administrative changes impending in the Chinese Government's system.
It was agreed that, in order to submit a complete draft, finally corrected, at next meeting, the Canton Viceroy's delegates would go over the text again with Mr. Bland.
Referring to the question of price, MR. BLAND submitted a telegram received from the Directors of the Corporation in which it was stipulated that the loan should be issued within 30 days of receipt of the documents in London and under conditions similar to those of clause 12 of the Northern Railway Loan Agreement. MR. BLAND was of opinion that the Board, as the result of further representations, might agree to the option of issue at the fixed commission of 6 points over a longer period than that above-named, and suggested the possibility of compromise, on the understanding that no extension of the time-limit be stipulated; he had been given to understand that this latter condition could under no circumstances