DOMESTIC.
19795
JUN 04
Kowloon to Canton Railway
Encloses vres memo.
On securing concur of G.O. in proposals, will negotiate a final agreement with Chinese auth.. Draft agreement will be sent to Mr Fiddes
(Minutes.)
Before we go further, we ought to settle the form on the: the Kowloon section is to be handed, if & when built. Para: 4 of memorandum herein suggests a division of profits between the Chinese & Hongkong Govt.
It seems that the Govt. contemplates some arrangement with Hongkong generally similar to that with China (which is apparently to follow the lines of the Shanghai-Nanking agreement), but it is very vague.
As the object of Hongkong is not to make a direct profit but to facilitate its communicating with Canton, I incline to think that it would be cautious.
Io vel. If the Corporation will agree to lease the line at a rental, largely line to them out a sum to cover the interest & sinking fund on the capital expended without troubling about the
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No.
19795
(Subject.)
C. 0.
DOMESTIC.
19795
JUN 041
Kowloon to baston Railway
Encloses
vres memo.
On
441
receuring concur of 6.0 in proporals, will negotiate a final apperment
it with bhwere auth.. Drift agreement write
Mr Fiddes
(Minutes.)
Before wr. go further, we ought to settle the
forms on the: the Kowloon section is to br. kasand, if a when built. Para: 4 of memorandum horin suggests a division of profits butwen the Chinose & Haughing fort
form
which it scams that the Cay contemplates same arrangment with Hungting generally Similar to that with Clima (which is apparen
to follow the lives
Sochim 12m
the Shanghai-hanking agrat). but it is Very vague.
д
As the object of Haughing is not to make a direct profit but to faulitate its comminating with #tagh I incline to think that. It would
Haughing
Caution
A
Io vel. If the Corporation with agree to lease the find rental, wenchy large lime to them out a Ситера
cover the internet & sunking tund the capital expended with out troubling about the
to
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