Com competitive trad
398
}
places South thereof, to Hen
long they would of course påy 80 per cent of our actual
local fares modified by my reduction that we could havO
to make under the Agremamat as provided above.
This traf-
fic will be fairly considerable and my Zstimate taves no
account of Goods Traffle for "hich however I do not think
we can expect vary mich. Novas to whether if we axar-
cise the right of rumming to Canton we can better the
earnings remains to be seen. It has been stated above
that the Chinese share of the through traffic would, at
the proposed Division, be $139 for 300 Third Class Passen-
Assuming that the British Section rims through
trains to Canton and back, their share or the earnings over
the Chinese Seotion after paying 80 per cent for the Run-
ning Powers would be $27 per train or say a total of $50
a day there and back, and this multiplied by 310 days equals
$15,500 mm the Gross Receipts, From First and Second
Class Passengers we might expect one-fifth of $300,000
#qu«ls $60,000 dress and after paying 80 per centș. to
the Chinese one fifth of this would be $12,000.
The run-
ning of the train over the Chiness Section would bring a
gross return