184

Valued 5123

Invoice No.

Chinese fi und,

British figure.

003

(7 Locomotives) 35,312. Co

9.522.

Ob

(wagon Material)207,927. 10.

125,50.0

006

(Gailway-ag-ns) 67,75. ve

007

(5 Locomotives)

9,200.

008 (1 Crane)

3,50

¿

3

.

43, 70Kim

5.323.

Che

1,300.

Total.

£323.689.

10% G

£10,847.

3

3

3

3

ARMENDIX "A".

184

med Railway laterial.

Far Office at #185.847.

Ramson for de-valuation.

Two koda locatives costing £23,000 have been returned to the "hinese who have agreed to the deduction of this igre.

The other 5 locomotives were in poor condition value in 1941 was estimaited at £9,522.

taken over". Their residual

hinese have based their clain at the rate of per ton which is considered met excessive - ar valuation is 12.10.eve (ap,rodmately) per ton.

This claim was based by the Chinese on the 1937 valuation of the not allow for their condition in 1941. They £43.7

re-valued by

which did

Cap lies at

The age of the locomotives when handed over by the Chinese, deteriorati:m due to being sided for 3 years, and the absence of spare parts, justify our re-estimation of their value.

It is understood that the hinese agaess d their clain at the orijinal cost of the

The local valuation as it stood was £1,800 which is oứnsidered fair and

reasonable,

It should be noted that invoice No.05 for mild steel bars, platen, eto, valued at £29,769 is missing and connut be accounted for in our records,

Therefore, until evidence is mulmitted by the Chinese which substantiates the claim, it carmɔt be inclded for settlement.

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