25%
a week and
for remainder, balance to be shared
midy between Companies and Hongkong Government in proportion of say 2 10 10
to
(4) For this purpose nett losses me be calculated
(a) on Shameen service alone, (b) after deduction of
all recurrent charges which Companies would have been
compelled to meet had service been discontinued,
(5)
the Hongkong Government to satisfy itself that
the service is run as economically as possible and
that companies are charging the highest rates for
passengers and freight that community can bear.
(6) this offer to apply only to Shameen sailings
for 4 month's
/from 20th April last inclusive and to be subject
matia early
August-
to review four-monthe from that dato
will requin separati consideration (7) any claim for Swatow to be racistes/s
and no
commitments to be entered into in respect of any
such claim without reference to me.
6
Proposal for sellement if caked for
after adoption of line taken in memes in 11047
that period prior
1. Agra if necessary.
dali
8482
J
offer in
to 20 April* should be
reserved for further
including
L
discussion
hett
2.
loss
For paried Jubocquent to 20 April
KB borne
following for foortion :-
1 by Hongkong Gorl
#ic. as at present.
dad safeguard accessom.
3.
1/2 by HMG
Steamboat Companies
1/4 5
For this purfor helt loss to be
Calculated (1)
On
Shameen Sarria
(2) after deduction
deduction of
which companies would
+ See below
to meet
4.
Fun
had
al
alove
recument changes
have seen compelled
sevicy been riscontinued? IK Govt. Ka satisfied that service
economically
as possible
Khat
Lighat
rates for passengers freight
that community
can beer.
was for
Sut 20
• Forms Ing. Offe
only; Why would be too soon
5. Position Rr reviewed by say
and further report regemired by
2. Aug?
end of
Tulu
the effect would be to
As k 3 (2)
reduce the companies claian from about £30.
p.a. 1: about £22, 0* 0 p.a.
£30,00
000
Sa over.