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Breakdown of Chinese alain for requisitioned Pailsay Material Valued at £323.689. 103. Od. re-assessed by the War Ufens
×185.847. Co. Od.
Invoice No.
Chinese figure
British fi ure
S
d.
003 (7 Locomotives)
3,312
0.
9,522 0. 0.
004
(agon Material)
207,927 10. 0.
125,500 0. 0.
006 (Railway Wagons)
67,750 0. 0.
43,700 0. 0.
007
(5 Locomotives
9,200 0. 0.
5,325 0. 0.
008
(1 Crane)
3,500
0. 0
1,800
0. 0.
Total
£323,689
10.
0. £35,847
0. 0.
Reason for de-valuation.
Two Skoda locomotives costing £23,000 have been returned to the Chinese who have agreed to the deduction of this figure.
The other 5 logo otives were in voor condition when taken over. Their residual
value in 1941 was estimated at $9,522.
The Chinese have based their claim at the rate of 524, per ton vhich is considero d most exconsivo - Our valuation is £12. 10s. 0. (approximately) per ton.
This clain vas based by the Chinese on not allow for their condition in 1941. £43,700.
the 1937 valuation of the wagons which đid
They were re-valued by r Supplies at
The age of the locomotive: when handed over by the Chinese, deterioration due to bein, sided for 3 years, and the absence of spare arts, justify our re- estimation of their value.
It is understood that the Chinese assossed their clain at the original cost of the oranc »
The local valuation as it stood me £1,800 which is considered fair and reasonable.
It should be noted that invoice No. 005 for mild steel bars, platos, cbces valued at £20,769. is missing and cannot be accounted for an our records. Therefore until evidence is submitted by the Chinose which substantiates tie
olaim, it cannot be included for settlement.
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