238
282
11 Jui no
,07:09
nova intquqni na
Dy VÅR SIDantų đi domacet el dolria to wyOD JAN
Da'vo el to dodajaub mituso
eder but fan k izenou svo meant svd des
ti jutto renar mend 5th drie even doldw e'tiqu?
T
¿que_isition to edada e o ME HOLY I OVEN dohw to
Bowls ede doom
vumot ay quiet motto" duuni sat bre vanq
-34 18 ma uvull poinamo0 and
#tu wrote aldonen anteéotnes dexq ui le ombe "ot anix
vi amoitetuclich "red" to ¿iracy ed' uw cat toy anŝde
at el dolów #nuwema dinc besofore end ni usibacte
a:ob to atod of Ale odia vite me de mia of begod
„Ji Chmisyon Geenid edit not grito enoitunin
.(ASIO
536
The Companies agroe to provide the Board of Com-
munications with a gold loan for the above amount at the
rate of 5% per annum to be repaid in half yearly instal-
ments within a period not later than the 31st December,
1930, the date, I believe, of the termination of the Com-
panies' Agreements with China. The loan is to be guaran-
teed by the Chinese Government, and the security is a pre-
ferential lien on China's revenue from "through traffic"
and "limitrophe traffic", as defined respectively in the
sixth Clause of the Agreement of the 26th July,1904, be-
tween the Imperial Chinese Telegraph Administration and
the Companies, and in the first Article of the Telegraph
Convention of the 13th May 1897, between the Chinese
Telegraph Administration and the Great Northern Tele-
graph Company.
A further important security is the provision that
in case of non-payment or short payment of the principal
and interest of the Loan the Companies may deduct any a-
mount that is due to them under the Agreement from the
monies which the Companies are bound to hand over perio-
dically to the Administration by the various existing
eidenronoff -duff
Arrangements