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59
2. The bases of negotiation approved by the
Executive Council are in outline as follows:-
(a) Acquisition must be by Imperial and International
Communications Limited, themselves and not by
61246/29
(Gent) See 49.
62762/29
(24)
any branch or subsidiary Company, and the
Colony must be included within the scope of
Imperial Communications Advisory Committee
instituted by the agreement of the 29th of May,
1929, copies of which were forwarded with Your
Lordship's despatch of the 15th of August, 1929.
If it is so desired negotiations will be
conducted with Mr. Richards but it must be
understood that he has full power to act for
and does act for the main Company and not merely for Marconi's Wireless Telegraph Company whose
representative he claims to be, still less for
the Chinese National Telegraph Company mentioned
in Your Lordship's unnumbered telegram of the
5th of October, 1929.
(b) The Company to take over from the Government at a
value to be agreed upon all plant pertaining to
the Service transferred whether such plant is
actually required by the Company for its own
services or not, and to establish its own
transmitting and receiving stations.
(c) The Company to take over from the Government its
lease of the offices in the Peninsular and Oriental
Building now used for Radio work.
(a) The Company to absorb as far as possible all
members of the Government staff who will cease
to be required by Government on the transfer of
the