(2.
440
Colonial Railway must be in some way associated with the Chinese Railway, by direct Agreement with the Chinese, or through the British and Chinese Corporation.
(3) The association of the Colonial Railway with the Chinese Railway should be made dependent upon the Chinese Government agreeing to such managing arrangements as will ensure the railway being worked to the best advantage; for instance:- The Board of Commissioners appointed to manage the Railway and which under present conditions would consist of three Europeans, including the Chief Engineer, and two Chinese, should be strengthened by say two nominees of the Colonial Government, and the Board of Commissioners should be made absolutely free to manage the line to the best advantage and according to the Agreements entered into, without any interference from the Chinese Railway Administration unless they should be acting ultra vires.
(4) Both sections of the Railway should be managed and worked as though they were one line, the revenue being divided between the Chinese Government and the Colonial Government according to mileage or such other arrangement as may be found best on investigation.
肇
(5) The term association has been used in the foregoing statement to imply a working arrangement which will admit of the two lines being worked as one undertaking while preserving the nationality of each section, and if the Colonial Government are agreeable to such association on the general principles specified herein negotiations might be commenced with the Chinese Government by the British & Chinese Corporation with the advice and support of the Colonial Government for the final Agreement for the Chinese Loan to be floated after the issue which is shortly contemplated of the Shanghai Nanking Railway Loan.
May 31st, 1904.
(
2.
440
Colonial Railway must be in some way associated with the
Chinese Railway, by direct Agreement with the Chinese, or
through the British and Chinese Corporation.
(3) The association of the Colonial Railway with the
Chinese Railway should be made dependent upon the Chinese
Government agreeing to such managing arrangements as will
ensure the railway being worked to the best advantage; for
instance:- The Board of Commissioners appointed to manage the
Railway and which under present conditions would consist of
three Europeans, including the Chief Engineer, and two Chinese,
should be strengthened by say two nominees of the Colonial
Government, and the Board of Commissioners should be made
absolutely free to manage the line to the best advantage and
according to the Agreements entered into, without any inter-
ference from the Chinese Railway Administration unless they
should be acting ultra vires.
(4) Both sections of the Railway should be managed and
worked as though they were one line, the revenue being divided
between the Chinese Government and the Colonial Government
according to mileage or such other arrangement as may be found best on investigation.
肇
(5) The term association has been used in the foregoing statement to imply a working arrangement which will admit of the two lines being worked as one undertaking while preserving the nationality of each section, and if the Colonial Government
are agreeable to such association on the general principles
specified herein negotiations might be commenced with the
Chinese Goverment by the British & Chinese Corporation with the advice and support of the Colonial Government for the final Agreement for the Chinese Loan to be floated after the issue Which is shortly contemplated of the Shanghai Nanking Railway. Loan.
May 31st. 1904.
No comments yet.
Private notes are available after approval.