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Jonclosure 2.
The Agreement forwarded by the Wai Wu Pu
is not in any sense an Agreement for Running Powers, but pre-
-vides for the accountingfer wagons and coaches running ever
foreign lines. An Agreement of this sort would only apply
between two Railways which have a large and defined traffic over
heir own system, but which some times have stock to send over
and in
■ foreign Railway, by arrangement with that Railway,
the interest of their clients. It would also be possible that
in a few cases through running of trains might be arranged that
Way,
but it would never pay either Failway to go in for such a system if the through running practically formed the bulk of
the work. The L. and S. W. used to go as far as Lidford. Between Lidford and Devenport the G. W. Railway had a 20 mile single line to North Cornwall over which their own traffic was extrame- -ly light. The traffic of the L. and S. . Railway was
CAVY
and consequently the L. & S. V. Railway obtained running powers over the G. W. Railway for a payment of 80 per cent of their
Gress Receipts.
To return to the "ai Wu Pu's proposal and leaving out the question of Goos Traffic which I do not think will be as important as the Coaching until the lines to Hankow is built. The hire per day e a bogie coach would be $3 and under the circumstances we would only get as much for our coaches travelling 180 miles as the Chinese would get for their coach travelling 44 miles on our Section beca se the 180 miles on the chinese Section would be a trip which could be made
in a
day and short of transferring passengers at Sam Chun the Chinese Carriage Which made the trip to Hongkong and back would return to Canton the same day and not ply backwards and for- -wards to Hongkong from Sam Chun.
Now assuming one train of eight British Coaches to travel every day to Canton and back, and four trains
of eight Chinese to do the
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250 days a year as
working