2.
10 beep
And my
little we can usefully do at this end.
conviction grows that the act should be put through
now as early as possible. Everything else depends
on it.
Only a few days ago I was sounded indirectly
from Li Tsang-sen and Li Chai-sum as to possibility
of funds from indemnity source to proceed with
completion of Canton-Hankow railway which at present
forms one of the main items on programme of Kwanghsi
party leaders. I explained fully that until the act
was passed (giving in detail reasons for delay) funds
could not be available for that purpose though it had
been specifically mentioned in connexion with proposed
investment fund. Position was I think understood but
it would be intrinsically good thing if we could now help them in this matter, Kwanghsi party may well be
the controlling party ere long and even if they are not
we want to be on good terms with Hongkong's nearest
neighbour.