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CISTELLANE be seduin vie?
go per day namely to Sha U Ching in Mirs Bay. At present to
reach this place they have to go by launch through Lyemoon Pass
and the sea is often very rough. The fare is about 60 cents
for the trip. When the Railway is open, they will travel by rail to Taipo and go by launch from there avoiding the rough sea met with East of Iyemoon. Very much more than 14 cents a mile could
be charged to passengers booking through to Sha U Ching, but I would not advise this unless the Railway care to start running
the launch. I do not think the ordinary passenger travelling
to Taipo would pay more than this amount.
From this you will see that the rates per mile for the 3rd. class passenger must vary according to the way in which there is competition with the steamers and I will endeavour to prove that
with careful adjustment of rates a fair profit can be made by dividing up the gross earnings of each class by mileage without going to the extreme of making it a sine qua non that the earnings
be divided in the ratio of the capital cost.
*
The cost of running this section will be expensive and I
do not want to take too sanguine a view now when I am estimating
the profits.
Sir Matthew Nathan has made a note that an endeavour should
be made to get the Chinese to agree to run both sections as one line under a joint board of management. This of course would
be the best plan under ordinary circumstances and every effort
must be put forward to try and get such a scheme agreed upon by
the Chinese.
It will be necessary to have a Traffic Manager, a Chief Engineer and an Auditor and if the pay of these officers and their
office establishment can be divided up over 120 miles instead of
over 20, the working expenses per mile would be greatly reduced.
All the same it is necessary to look at it from a Chinese point
of view. It would pay the Chinese much better and suit the
general feeling in the country more if the Chinese section of the
Kowloon Canton Railway were worked as a branch of the Canton
Hankow Railway.
This