506
as proposed will be that the Viceroy, when
again approached, will repudiate, and jus-
tifiably repudiate, the whole arrangement,
and that the line eventually will be construct-
ed by capital, and under the auspices of a
Goverment, which is neither British nor
French.
4.
A further aspect of the case is
disclosed by correspondence with the Japanese
Government which Lord Elgin has noticed in
the collection of printed papers on the AS
fire of China recently forwarded from your
Department.
It appears that the Yokoham
Specie Bank had discussed with the Viceroy at
Wuchang the question of a Japanese loan for
milor construction. Thereupon. His Majesty's
Representative at Tokio, on the instructions
of the Secretary of State for Foreign Affairs,
called the attention of the Japanese Govern-
ment to the terms of the Anglo-Chinese engage-
ment, specified the advantages offered by it
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