126
despatches Nos. 509 and 571, I consider that His Maj-
esty's Government should carefully scrutinize future
C
guarantees in connexion with railway loans.
The
agents of His Majesty's Government are daily engaged
in combating the pretensions of the Chinese to spend
in any way that seems good to them British money
which they have given a solemn engagement to devote
to the construction of railways.