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in order to retrieve capital and interest.
(2) The Chinese themselves are very anxious to get hold of the two Companies cables. They have followed this policy when-
The ever they have had an opportunity. To quote an example: ozble between Sasebo and Tsingtau has been taken over by the Chinese-Japanese Goverments, and China has not hesitated to
break the Companies monopoly.
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When in 1921 the question of triplicating the cables between Shanghai and Hongkong was broached, China insisted on becoming a partowner not only of the new cable but also of the already
existing cables.
In the contract between the Federal Wireless Telegraph Company and China concerning the establishment of a Radio Station connected with feeding Stations at Harbin, Peking, Shanghai and Canton, it is decided that China shall have the
Furthermore China nominal ownership of the system in China. will be interested with 48% in the Station in California, which
shall correspond with the Station in Shanghai.
(3) I enclose an English translation of an extract of a private letter from Peking, dated January 18th, and written by a man
This letter is who knows the conditions in Peking in and out. of interest as it mentions the purchase of the Companies Cables in 1930 as a fait accompli, and because it confirms that Japan tries to get hold of the new Shanghai-Chefoo cable as a first endeavour to oust the Companies from the management of
the Peking-Chefoo-Shanghai servées.
(4) Finally I have the honour to enclose a contract between the Federal Wireless Telegraph Company and China of which I give you
I specially
a copy for further transmission to Mr. Campbell.
beg/
!
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