:
A
chot, s
"to a Tramway Company and this should be given to us at a low "price. If the land is capitalised on the basis of present rentals
Fit would be ochsay enough mi if the lion ken, Government lends the
“money it should sæd its om land buyer or have one of the Custom “sen deputed for the purpose. The land would be aloest the only
"expense construction being very scall. At the same time I want
*about £100,000 for necessary asosanodations on the present line in
"orier to speed up the workinį a bit".
262
3.
Br. Poord estimates that if the prevent
terwings of the Chinese Section were moved to a central position
tie earnings of the Chinese Section would be increased at once by
$3,000 a day. The British Sootien wuld of course benefit propor
tionately.
He also estimates that the riverine con ection
would suffice for both passenger wid goods traffic. In the opinion of this Government, however, it would be desirable to earmark the
land required for the loop line in view of the possibility of large future expansígn in goeda traffic.
4.
There is no doubt that Mr. Woord's scheme is
the most advantageous for the railway. In this opinion all who haTO, evanined the subject are agreed, including: ir. D. imdale who
informe me at he will ascertain whether the British and Chinese Corporation are prepared to land te funda necessary for the undertaking. If this canot be arranged, I am prepared to address the Secretary of State for the delenies on the subject of a lom by this Government. Bat is would obviously be easier for the project to be finanesd by the. gritish and Chinese Corporation. If there is any truth in the report that the
5.
Prov naisi Government is centemplating the sale of the site of
part of the City Wall to a Trommy Company I would urge that a vato be placed on the scheme which would very seriously prejudios the future of the Chinese Seation of the Canten-Kowloon Railway.
6,
I am informed that the lush-im Hallway have
approache