163
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(0)
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avigrua to Vaagepenrus Cls to morvolova sið yď nnddrow £85*
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(d)
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28
Το
(b) Division of working expenses.
In regard to tariff rates and fares it is probable that a higher
charge per mile would have to be levied for the short British
section than on the Chinese section. It would of course be
simpler to have a uniform charge per mile and effect a division
of receipts and expenditure in mileage proportion, but the
heavier cost of construction on the gritish Section justifies
a higher mileage rate and fare. What this increased charge
should be is a matter for careful consideration. It is idle to
assume that the respective mileage rates on the two sections
will be in ratio of the construction cost per mile, or anything
approaching it. The utmost that will be possible would be to
make the charge for the British section as for 40 instead of 20
miles. The whole question however must eventually be governed
by what the rail-borne trade will stand and the influence there-
-on of river competition.
It may be argued of course that the Chinese
section should be prepared to surrender something for the
manifest advantage of coming into direct touch with the sea in
the free port of Hongkong. But on the other hand it has to be
remembered that the captiat original conception of Hongkong as
the future service seaport for the railway systems of South
Western China did not, admittedly, originate in the idea of a
profitable