IXT
294
No Three
A.AM. Consul Genuat Maukow -
Deep 7.5pm
9.
To Goovmor Hong Kong
Recr
60.am.
Hupei Stelion of Szechutn Mankow tai kony. -
The German Bauk tenders for the loan $2,000,000 13 62 quarantied by the Chinter Government and be secured of the likin Rotuues of Hupri. Term 10 years; cu capital to be repaid in ten instalments beginning with the slevouth year. The price of issut, if the interest be five per cent to be 911/2 ib four and a half per cent, 88. The German inspector of Construction to be paid by the Chintu Government.
The Vicusy would prefer to borrow from the British but their offer as to the price of issue munt be considerably more favourable as the Germans vay this their terme might be somewhat improved. Should we tend, half the Engineers would be British and we, wirlcas
the Formans, could have first option as to the materials bought abroad. The principet might be repayable from the Lixth year. I have replates this to Jeking
ZXIT
From Governor Hong Kong
Fraser
To Secretary of
dated 5/9/05
Fatt
I am bang prefsed from Hankow to authorize the immediate ciquature o the redemption loan agreement and to arrangs for the immediate payment of the first instalment. Please signify at once approval which I asked for yesterday and say whether paginent can be made in New York on September 6th and if not what is line carlicat popible date. Also what is the Eaditat conv cuicut date for the Crown Agents to pay the balance of the look of £1,100,000, The signature of agramin is of immediate imprtonce as it gives prefucuce inter atia' le British capital, Enquilers and material for the Hupch Section of the line to Szechuan for which An Gormans have made a favourable tender.
The immediate payment of the inokey in New York is of importance as otherwise it is feared thus the Amunicans with cancel the rexemption agreement
Nathan
ZXTIT
Fyour Governor Hongkong
To HBM Consul General Hankow
dated 5/9/05
With reference to your telepams Nos 2 and 3. I have talepaphed to
(the Scendary of State for the Colonies as (Jeleqram No LXII repeated)
follows:-
8
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