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a definite scheme for financing this work, whether by

means of a loan or otherwise, the Cantonese would

seize the opportunity of demanding an embarrassing. 495]

if not wholly unacceptable, quid pro quo. To this

dancer must be added the difficulties attendant on

any proposal for the grant of a loan for railway

projects (vide the telegram sent to the Governor of

Hong Kong, with Sir Austen Chamberlain's concurrence,

on the 26th March, a copy of which was enclosed in the

letter from this Department of the 30th March).

4. In view of these obstacles, Er Amery feel

that no opportunity should be lost of endeavouring to

arrange for the prosecution of this important work by

any alternative means which may present themselves.

A grant for this purpose, if made from Boxer Indemnity

funds, would overcome the difficulties attendant on a

loan, would be less likely to be refused or be made

the subject of conditions by the Canton Goverment,

and would seem, in short, to provide the best method

of facilitating the speedy construction of the line.

Mr Amery understands that the proposals now under

consideration for the allocation of the Boxer Indemnity

funds provide, inter alia, for the grant of assistance

to

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