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**

to the elimination of competition between the Powers

in Telegraph matters in China.

To apply this idea in concrete form,

if you

and the Great Northern Company were prepa.ed to with-

draw your embargo on wireless communication between

China and other countries, Great Britain might claim

a full share in the advantages of any concessions

already given by China to foreign companies for such

communication (e.g., the Mitsui concession, or the

new concession to the American Federal Company)

in return for the concessionaires being allowed to

participate in the advantages resulting from this

action on your part.

Perhaps you will be so kind as to favour

Are

ue with your considered views on the subject.

you, for instance, so little afraid of long-distance

wireless competition during the remaining period

of your exclusive rights that you would be prepared

to give the wireless interests a free hand so far as

you are concerned? or again, would you be prepared

to enter into something like a joint-purse agreement

with these interests, at any rate in respect of

communication between China on the one hand, and

Europe, India, eto., on the other hand? Or again,

as a vià media, would you give the wireless interests

a free hand during the remaining period of your

exclusive rights subject to a royalty payment, or

mio

some thing

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