41

affairs, I will not discuss the matter in detail in this

despatch.

As far as I can gather the two principal factors

which have led up to the present inuese oro tho intor-

foronce by the representativos of the Central Governmunt

in the control of the construction and working of the

line and the dissatisfaction felt by an influential body

of shareholdert with the Thgîncor-in-Chief Kaung.

As already reported Tuotai Wong Ping Yuen,

spoolally deputed for the purpose by the Director-Centred,

has for some montha past been engaged in auditing the

Company's accounts. This has naturally entailed some inter-

furence with the local administration of the Company and

has led to considerable friction butwoon the auditor on

un

the one hand and the President and Irinoor-in-Chief

the other hand. The latter have definitely announced their

intention of resigning unless they are given a free hand

in the constructional work of the line, in particular in

the placing of orders for contracts and m.terials.

I am informed on good authority that the auditors

have

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