They It. Therefore, if recesory, mire money

under that ader to pay off the Colony's deft to themselves. But the deft te ubral De 11/05 -sofar as I can see who the CA. If this security miles steps

Au

taken to

michide then advances in the sam to he

mixed. In thrill therefore that the

amount the mounted on he

As actual

amount

(1) 1250000

(2) £330 000

(3) Lamps

in care ne upament 1

Ina Lou Chang wan

Fif the ban is

*

and

think

Avt

580,000

x

in all phes expenses.

Further I think as regand (2) that the

CA. might be asked to offer suggestions

as to the date on which sucking fund

comment بدار

Perhaps you wd. arfer the pp back to

Sick. Antrohes for any plans that

Li

upied, the CA; and be up scified adrances with

presumably b corre hit

JR.

be may wish to mete

Sir R. Antrobus

KR 14/2

314

I don't think it would be quite

safe for you to allow your advances only to be

covered by the expected repayments by the Vice-

roy. I am inclined to think that clause 2 of

the draft loan Ord. should contain an addition

authorizing you to issue stock or debentures.

Ą

At Dats of

assing)

to cover advances you have already made so far as

they are not repaid by the Viceroy. Any fur-

they advances you make can be taken to be on

account of the newly authorized loan of £25980-

£250,000).

May we have your views also on the insertion

to be made in the blank space as to the date

of commencement of Sinking Fund

Arr

On re-conson I think our power of additional

11

issue should be to re-imburse to you such

advances as you may have made, or may make,

in anticipation of the repayment of the Wu-Chang

loan, so far as they may prove not to be fully

covered by such repayment ". But you will no

doubt suggest a wording.

M. Collins.

Ase 16

and would suffert I afree, and would

m

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