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which was granted to British capital by the Viceroy
in consideration of China's having been furnished
from British sources with the funds required for the
repurchase of the concession for this railway from
the American Syndicate, who previously held it.
While His Majesty's Government are sincerely
desirous of continued co-operation between the
French and British groups in carrying out the enter-
prise, there would appear to be no advantage in an
intimation being conveyed to the Viceroy at present
that no capital could be furnished from British
sources unless he agreed to take the money as an
Anglo-French loan in view of the agreement which has
been come to between British and French financiers.
The