7. The Canton-Kowloon terms include:-
(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) The British preference having been abandoned, an endeavour would be made to substitute a preference to the " lenders," the Chinese retaining, within these limits, the right to purchase railway material in the open market.
C
PARIS,
27th February, 1909.
Accepted in principle, subject to confirmation by the British and
Chinese Corporation.
C. S. A. (Charles Stewart Addis.)
LONDON,
26th February, 1909.
Accepte en principe sous
reserve de l'approbation du groupe
francais represente par la Banque de l'Indo Chine.
S. S. (Stanislas Simon.)
Accepted in principle, subject to the confirmation by the Consortium fur Asiatische Geschafte under the condition that the Chinese Central Railways, Limited, join the English Group, and with the following addition in No. 7a after the words "other groups": "either alternately or as the interest of the other groups could be shown to predominate." All details of this memorandum to be determined by a meeting of the concerned parties to be held shortly.
Direction der Disconto Gesellschaft
BERLIN, 1st of March, 1909.
SCHOELLER. ERICH.
638