164

.asaneqze znixxow to nolal-in (d)

rodykit a fact oldadong at st eerst bus aedar Tilnað oð bræget af

Mattina droda siis tot bsival eď oð svað bluow elim req auraVÍO

eď seos to blow I .noivoss saentið edź no nad molesną

notalvib a fostte bas ella req oqtadɔ artotinu a avan od malamte

and Jud,noldrogong emaslim mi eredibusqze bra siglenes to

settidest moltosh datatre ads no moltowidanoo to Jaoo relvaed

egrafo besseront aldt tæ{W .e1st bas star sysellm rengti a

of elbi at I ,nottarshianoo Iuteraɔ not rajtam s at nd bora

anoltona owd sit no asten enasila evitoeqası edð tærð ePTICS

gatditens 10,elba req Jaoo moltoustamoo est to oltar mt ad IIlw

od ed bluow sidiraoq ed [Ilw band taomnes erit .ti gnidosorugs

OS to basteni Od rot es noltoea fatting and not ograio exit oxan

bertevog eď viisioneve Jana nevewod noljasup #Lodw <dT .aslim

-eradd soneultat oft brs brata (Ilw shart entod-Ilar erfð tæriw ed

.nolákzsqmoo tevli to no-

saamiño ext text war: 00 to baigta að van I

adt tot gatɗtemor rabnettua of beraqerq od biwoda noijosm

at see edt Kalw Mourod downlb ojat quimod to agatnavba tastinZABET

ad of mad ti basd redto erit no suf anodynok to droq eert edit

aa gnošenoĦ to noligsonoo Isatztzo £méègne edit tail? beteďrısmaz

rituo? to amedaya yawllar ens rot sroqane esirten swtut erit

s to sabi adð at etanişiro,Tibettinhs,ton bib snido miadaer sidatitorq

profitable business enterprise; and that therefore the Colony

having secured a strategic advantage, cannot reasonably expect

to obtain in addition a full monetary return on Capital it was

prepared to spend as commercially infructuous expenditure.

It is customary in railway working to obtain

some return on special Capital expenditure such as on large

Works at a terminus, by the levy of a special charge, called a

terminal. It would be quite reasonable to impose a terminal on

all bookings in and out of Kowloon station the whole of which

would of course be credited to the British section.

The division of working expenses could be

effected in ratio of the mileage opened for traffic or more

equitably on the train or vehicle mileage basis. All thres

methods are adopted in India with its 30,000 miles of Railway

open to public traffic and it scores of junction stations many

of which connect railways owned by native States with British

lines proper.

The last mentioned method of division vix,:·

on the basis of vehicle-mileage is the fairest and may cormand

itself to the contracting parties.

In this connection it is perhaps well to

mention that according to the provisions of the Loan Agree-

-ment between the British and Chinese Corporation and the

Chinese

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