[This Document is the Property of His Britannic Majesty's Government, and should be returned to the Foreign Office if not required for official use.]
FROM CHINA.
52
Decypher.
Sir M. Lampson. (Peking).
April 11th, 1929.
D.
7.20.p.m. April 11th, 1929.
Ra
3.00.p.m. April 11th, 1929.
No. 309.
Addressed to Mr. Newton No. 89 of April 11th.
My telegram No. 88.
Note A.
I have the honour to refer Your Excellency to
declaration made by British government in December
1922 that balance of British share of indemnity of 1901
would thenceforward be devoted to purposes mutually
beneficial to China and Great Britain, and to inform
Your Excellency that, in the event of British govern-
ment deciding to return to the control of Chinese gov-
ernment the said indemnity funds, it is the intention
of the Chinese government to deal with these funds on
lines of report of Anglo-Chinese advisory committee a
copy of which as published in 1926 is enclosed herein
for convenience of reference.
2.
In this report it was contemplated that the
said funds should be devoted in the main to educational
purposes partly by direct expenditure and partly
through medium of an endowment fund invested in produc-
tive undertakings in China with special reference to
railway and conservation works.
In view of urgent necessity in connection with
reconstruction and development of China, of re-
conditioning existing Chinese government railways in
the.
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