CO129-325 - Public Offices & Others - 1904 — Page 606

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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THE BRITISH AND CHINESE CORPORATION, LIMITED,

Telegraphic Address: SICAMERIST, LONDON

603

3, Lombard Street, London, E.C.

December 5th, 1904

41961

12 DEC 04

G.

V. Fiddes Esq., C.B.

Colonial Office,

Downing Street, S.W.

Dear Mr. Fiddes,

I have submitted your letter of the 17th ultimo to

the Board, who have given it their careful consideration.

The Board, and particularly those members who are

conversant with Railway practice, feel that we could not justify

Condition L to the Chinese and to the public who will be

invited to take up the Loan.

The common practice in working Agreements appears to

be to pool and divide in agreed proportions the through traffic,

but not to pool the traffic which is entirely confined to one

or other of the associated Railways.

This practice seems to the Board to be the equitable

method of dealing with the traffic, and I am requested to express

the hope that you will see your way to arrange a further

conference to consider the matter, which the Board regard as

important.

I may add that if this principle should be adopted

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THE BRITISH AND CHINESE CORPORATION, LIMITED, Telegraphic Address: SICAMERIST, LONDON 603 3, Lombard Street, London, E.C. December 5th, 1904 41961 12 DEC 04 G. V. Fiddes Esq., C.B. Colonial Office, Downing Street, S.W. Dear Mr. Fiddes, I have submitted your letter of the 17th ultimo to the Board, who have given it their careful consideration. The Board, and particularly those members who are conversant with Railway practice, feel that we could not justify Condition L to the Chinese and to the public who will be invited to take up the Loan. The common practice in working Agreements appears to be to pool and divide in agreed proportions the through traffic, but not to pool the traffic which is entirely confined to one or other of the associated Railways. This practice seems to the Board to be the equitable method of dealing with the traffic, and I am requested to express the hope that you will see your way to arrange a further conference to consider the matter, which the Board regard as important. I may add that if this principle should be adopted
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THE BRITISH AND CHINEse CorporATION, LIMITED, Telegraphic Address: SICAMERIST, LONDON 603 3. Lombard Street, London:2.0. December 5th. 1904 41961 12 DEC 04) G. V. Fiddes Esq., 0. B. Colonial Office, Downing Street, S. V. Dear Mr. Fiddes, I have submitted your letter of the 17th. último to the Board who have given it their careful consideration. The Board and particularly those members who are conversant with Railway practice feel that we could not justify Condition L to the Chinese and to the public who will be invited to take up the Loan. The common practice in working Agreements appears to be to pool and divide in agreed proportions the through traffic but not to pool the traffic which is entirely confined to one or other of the associated Railways. This practice seems to the Board to be the equitable method of dealing with the traffic and I am requested to express the hope that you will see your way to arrange a further conference to consider the matter which the Board regard as important. I may add that if this principle should be adopted
2026-06-02 03:48:11 · Baseline
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THE BRITISH AND CHINEse CorporATION, LIMITED,

Telegraphic Address: SICAMERIST, LONDON

603

3. Lombard Street, London:2.0.

December 5th. 1904

41961

12 DEC 04)

G.

V. Fiddes Esq., 0. B.

Colonial Office,

Downing Street, S. V.

Dear Mr. Fiddes,

I have submitted your letter of the 17th. último to

the Board who have given it their careful consideration.

The Board and particularly those members who are

conversant with Railway practice feel that we could not justify

Condition L to the Chinese and to the public who will be

invited to take up the Loan.

The common practice in working Agreements appears to

be to pool and divide in agreed proportions the through traffic

but not to pool the traffic which is entirely confined to one

or other of the associated Railways.

This practice seems to the Board to be the equitable

method of dealing with the traffic and I am requested to express

the hope that you will see your way to arrange a further

conference to consider the matter which the Board regard as

important.

I may add that if this principle should be adopted

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