No 124.

Sir,

12330.

best 22 APR 12

GOVERNMENT HOUSE,

HONGKONG, 1st. April, 1912.

277

In continuation of Sir F. D. Lugard's Despatch

No. 96 of 15th. Karch, I have the honour to forward for your in- -formation copies of the correspondence noted in the margin.

2.

I propose to audress you shortly on the financi- -al aspect of the whole question of the Terminal Site and other outstanding Capital Liabilities of the Railway.

I have the honour to be,

Sir,

Your most obedient,

numble servant,

Maud Jerom

Officer Administering the Government.

KHE RIGHT HONOURABLE

LEWIS HARCOURT, M.P.,

&c..

80..

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