This Document is the Property of His Britannic Majesty's Government)

CHINA RAILWAYS.

CONFIDENTIAL,

14955

[February 16. 30 APR 08

SECTION 1. 374

[6389]

(No. 41.)

No. 1.

Sir J. Jordan to Sir Edward Grey.-(Received February 16.)

(Telegraphic.) P.

HANKOW-CANTON Railway.

Peking, February 15, 1908.

Bland has sent to the British and Chinese Corporation a telegram, which they will submit to you, respecting the proposed loan for the construction of the northern section.

We may anticipate keen competition from the Germans.

I am of opinion that it is essential the French Government should give the French banks a free hand to negotiate the loan on the best terms they can obtain, in co-operation with the British groups, if there is to be any prospect of successfully maintaining the Anglo-French combination.

The French Minister will telegraph on this subject to his Government to-morrow. I have spoken to him in the above sense.

[2856 -1]

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