(3059/09).
124
offer than the British Bank and thus obtaining the
loan. In the circumstances therefore, Sir E. Grey is
inclined to think that the better plan would be for
the British group first of all to come to an agreement
with the French and German Syndicates with reference to
the loan issue, which will prevent ruinous competition,
and then to rely on the 1905 agreement to safeguard
British rights under the agreement as to the provision
of engineers and material.
I am,
Sir,
Your most obedient,
humble Servant,
Lenishaller