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Benli mio font to teorodni HONIANZA 11888000n sit oben beď 677

airi galub enii moltonut, ode to a.idovičamoo odd not at{ront- vhzeria stow anottaitogo: bas,natrga odd ni nożne od tlalv vorie as 2nd,bral Vinaseoon oft zo onadorug and tot antboooorq to adtudio eft mi sovath to abuse.rorit to Isvomat et hovlove}

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. (Oraser)

,

Communications, and Mr. Bland, the representative of the British and Chinese Corporation, that preceded the final adoption of article 18 of the Loan Agreement, appear to me to justify our demand for joint management. "Joint working of the two Sections" is the expression used in Article 18 of the Loan Agreement, and it is difficult to maintain that these words necessarily imply joint management, while the minutes of the discussions point rather to the absence, at that time, at all events, of any specific contemplation of joint management.

I am forwarding a copy of this despatch to

the Officer Administering the Government of Hongkong and shall take no further steps in the matter pending the receipt of

instructions.

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¿countevah od talk zaufa setup ti obr. off .bobivib qilsupo bispor mà cband "tors gatve vérang-oetum to nukenotat on oved HUOLWOX-NOTuet eis to moldoen Tioife to molterCalulube off of D1006 DINOw tand aopet dzrha ooderari ndo ako hotatoų I .vowllen a dora of caoons gužvar at wodne nox? onil store enutat eis od y to pomot et hoc Luba yo qfloork ob? ngozinok na **oq od test nakhba (ezav ilton two ti talt botiga” dud ̧¢NOCIMIS a mi staitogor of prod¬uok ni evidatnoaanges Lid tomteni blvow dipurende to shaad oris no gino tud „theiqa vozelltonos #com

I have etc.,

(sd.) W. G. Max Muller.

The Right Honourable

Sir Edward Grey. Bart., M. S.,

tc.

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