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Ni zosua al IImta FraCTAY DI

Enclosure 3 in No.1.

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IMCOE, TIM SASAM"

(1).

Kr. Omura, Representative of Messrs Mitsui and Co., to the

Ministry of Navy.

Gentlemen,

February 21st.

WITH reference to the supplementary articles agreement, in article 2 it is stated that while the control of the telegraphic station is assumed by the Chinese Government all disbursementa and the service of the amortisation of the capital and interest payments shall be wholly assumed by the Chinese Government. Should your Ministry entertain misunderstandings as to this claus our firm is willing to undertake the control of the station on behalf of your Goverment under instructions from your Government, and our firm will also undertake to repay capital and interest, and all disbursements shall be paid, and aot in accordance to the articles of conditions as agreed upon in the proper agreement The three clauses set forth below are for the purpose of safe- guarding the interests of our firm, and are as follows:-

1. The Chinese Government must give one year's previous notice in order that reliable measures as to procedure may be devised,

2. During the period that the telegraphic station is under the control of the Chinese Government, the interest on the capi- tal and all disbursements shall be borne by the Chinese Governmet independently in accordance to the stipulations set forth in the present agreement.

3. During the period that the telegraphio station is under the control of our firm, our firm shall be allowed to collect charges for transmission of all official and commercial messages,

With respects, &c.,

Thi B/

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