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Telegram-from Foreign Office to Sir Jordan. No.26
dated February 1st 1909.
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Canton-llankow Railway Loan.
See my telegram No.24 of January 27th.
The re-
The French Government have refused definitely to give
their consent to German participation in the loan, unless
an agreement is at the same time come to for sharing in the
same manner all future business. This was explained by
Mr. Addis at Berlin, whence he has just returned.
sult, we understand, is that the German group have undertaken
not to compete in any vexatious manner and to make an offer
on fair terms only. This they explain as meaning terms on
which they would be prepared to accept the whole loan and
arrange for its issue on the German market. The Germans,
therefore, will make a separate tender, the French group
tendering in conjunction with the Hongkong and Shanghai Bank
and recognizing that the British have preferential rights
with regard to the supply of materials and the appointment
of engineers.
On January 31st the Peking Correspondent of the Times
stated