Pare.
Subject.
Serial |
No.
From or to whom,
Despatch No., ko.
Date.
Subject.
Fage.
11 Mr. J. Anderson
1904.
August 17
Transmits copy of a memorandum 59
addressed to the Resident-General of the Federated Malay States on the Dock Company's application for a loan of $10,000,000, together with documents connected therewith, and of memoranda on the subject of the proposal to create an official trust, and on the draft Tanjong Pagar Wharf Improvements Bill.
20
Το
the Tanjong
Pagar Dock Com-
pany, Limited.
21
1904.
November 7
Acknowledges receipt of No. 16, and states that a further communication will be made in due course.
77
Governor Sir J. Telegram (Rec. Nov. 26) | Considers that there are no insuperable 78
Anderson.
objections to the proposals in No. 19, the question being mainly one of price.
Telegram (Rec. Nov. 30) | Refers to No. 21, and requests that 78
22
Ditto
12
To
the Tanjong
September 2
Pagar Dock Com-
pany, Limited,
Requests views of the London Com- 68
mittee on the proposed improvement and extension scheme, and informa- tion on the points specified; proposes
23
an interview with Mr Lucas at which
To Governor Sir J. Telegram November 30
Anderson.
Sir F. Swettenham should be present.
13
The Tanjong Pagar
September 6
Dock Company, Limited.
Hopes to forward Messrs. Matthews 69
and Nicholson's joint report in two
21
or three weeks' time, and they will then be happy to wait on Mr. Lucas and Sir F. Swettenham.
14
To Sir F. A. Swet-
tenham.
September 9
€9
15
Governor
Sir
Anderson.
Proposes to bold a preliminary con- ference to consider the proposal to offer Government assistance to the Company and requests that he will arrange to be present.
J. Telegram (Rec. Sept. 13)| Reports that the raising of a loan of £3,000,000 for harbour, river and railway works inay become necessary, and suggests that the sum advanced to the Company should be added to this loan; deprecates the proposals of the late chairman of the Dock Com- pany for the abolition of the London Committee and management by Government and other directors.
16
The Tanjong Pagar
October 14
Dock Company, Limite l.
Stites what the Company propose to do in the way of improvements; that they would propose to limit their borrowing to £750,000, and that they would welcome Government assistance in the matter.
action may be deferred for a few days.
States that the Ordinance must provide for arbitration failing agreement; awaits proposals from him as to the price to be paid before approaching the Company.
Governor Sir J. Telegram (Rec. Dec. 1) | Recommends that action in the matter
Anderson.
25
To Governor Sir J. Telegramı
Anderson.
December 2
70.
26
Governor Sir J. Telegram
Anderson.
70
27
Ditto
17
To Governor Sir J. Telegram
Anderson.
October 20
Enquires whether the Tanjong Pagar 73
Company have any and what title in the soil of the lagoon for the proposed wet dock.
18
Governor Sir J. Telegram (Rec. Oct. 24) States that the Dock Company has title 73
Anderson,
to about three-quarters of the lagoon soil, held under 999 years' leases, remainder under freehold grant.
·
of expropriation should be deferred till the end of January; proposes to buy as many shares as possible at or under 250 dols., and observes that rather than go to arbitration he would pay 20 years' purchase on a dividend of 275 dols. per annum.
Considers that the purchase of shares would have a prejudicial effect on the mind of the Arbitrator; intimates intention to inform Company of proposal to expropriate.
78
78
79
(Rec. Dec. 3) Reports that he has already bought | 79
80 shares at 237 dols. and could get about 500 at 240 dols., but has stopped buying submits that no prejudice would be caused if shares were bought under the price to be offered to the Company.
Telegram (Rec. Dec. 6) Requests permission to ascertain from the Company before notice of expro- priation is given, if they will agree to issue 33,000 new shares at 200 dols, to His Majesty's Government on the conditions specified; points out that this would give the Government a clear majority of voting power and effective control.
28
To
the
Tanjong Pagar Dock Coni- pany.
December 9
19
To Governor Sir J. Confi-
Anderson.
dential.
November 4
Informs him that after Considering the i 73
varions difficulties attending the
29
courses open for granting financial assistance to the Company, the Secre- tary of State has been obliged to consider the feasibility of expro- priating the Company, the business being managed as a commercial con- cern by a Board under the control of the Governor; requests his views on this proposal,
To Governor Sir J. Telegram December 10
Anderson.
79
80
States that it has been decided to expro- priate the Company, and that the Secretary of State will be prepared to receive any proposals with a view to obviating recourse to legislation.
Observes that there is no reason to XI
suppose the Company would accept the proposal in No. 27, and in any case it would not give the necessary control; states that a letter has been sent to the London Committee giving notice of the intention to expropriate, and suggests the advisability of com- municating confidentially to the Board the fature policy with regard to the management of the business.
PUBLIC RECORD OFFICE
Reference :-
TITLC.O. 882
8
PUBLIC RECORD OFFICE, LONDON
ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH—NOT TO
1
Serial No.
From or to whom.
Despatch
Date,
No., &c.
vi