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is suggested:-
554
The Agreement between the Hongkong and Shanghai Banking
Corporation and the Deutsch-Asiatische Bank to be taken as
the basis for an agreement between the British and Chinese
Corporation, the Banque de l'Indo-Chine and the Deutsch-
Asiatische Bank for all railway loan business which any of
the three groups may obtain in China. This agreement to
include the Hankow-Canton Railway.
5. To enable this to be done, the British Group agrees
to waive the preference on material secured to them by the
Anglo-Chinese Convention of 1905.
6. In return for participation the German Group agrees
to withdraw their offer to the Chinese and to adhere along
with the Anglo-French Group to Canton-Kowloon terms of con-
trol as a minimum.
7. The Canton-Kowloon terms include:
(a) Appointment of Engineer to be approved by the
lenders.
It is understood, that France and Germany would
not object to the appointment of a British Engineer
in the case of the Hankow-Canton Railway. It is suggested that similar concessions might be made in future to other groups where their interests can
be shown to predominate.
(b) Commission to be shared between the three Groups as
may be hereafter arranged.
(c)