C ດ

60860

Paraphrase of telegram No.356 to Mr.

Hubbard, November 4th, 1920,

REC

R13 DEC 20

149

Eastern Extension and Great Northern Telegraph Companies

have been approached on behalf of Chinese Telegraph Administra- tion on the following lines by Mr. Eriksen who is now in London. 1. To have laid between Shanghai and Hongkong a triplicate

cable.

2. The cable in question to land at Swatow and on the way to

tough at Foochow and Amoy.

3. Whether it would not be a good thing to duplicate the

A Japanese firm at Yokohama have already Chefoo-Shanghai Cable. been contrasted with by Administration to make the required cable and assistance is asked from the Companies with regard to

laying and testing it.

4.

In consideration of the present monopoly being extended for a further 20 years after 1930 to request a loan to Chinese Government of £1,500,000 at 5%.

I have been asked for my opinion by Extension Company who state that China has already failed to pay on June instalment 1911 loan and that there is no fresh security which the country

can offer.

1.

The Company have been told

That every encouragement should be given to improved cable communication on general grounds.

2.

That loan should be offered to His Majesty's Government first as they are of opinion that it falls within the scope of Con- sortium; the suggestion was put forward that Sir C. Addis and the Company should get in touch with one another.

The Company are anxious to know, before they go any further, what attitude we shall take up as regards the proposal that

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