[This Document is the Property of His Britannic Majesty's Government.]
AFFAIRS OF CHINA.
[November 11.]
CO
CONFIDENTIAL
36747
SECTION 4.
[41245]
(No. 147.)
(Telegraphic.) R.
CHINESE loans.
Rege 1 DEC 10
Sir Edward Grey to Mr. Max Müller.
Foreign Office, November 11, 1910.
An inter-group agreement for all future loans has been signed this morning in London by representatives of the British, French, German, and American groups who signed the Hukuang loan inter-group agreement last year.
The American group engages to use its best endeavours, with the co-operation of the State Department, to persuade the Chinese Government to permit joint signature of the proposed American loan to China for 10,000,000%.
Should these endeavours not be successful, and should the European groups be unwilling for this or other reasons to participate in this loan, the agreement signed this moming will become null and void so far as the American group is concerned, the other parties reverting to their respective positions as specified in the inter-group agreements of 1909.
(Repeated to Washington.)
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