CO129-329 - Governor Nathan - 1905 [7-12] — Page 491

Copy

483

Confidential and immediate.

Dear Mr. Leswick,

iota of uct.us.

With reference to your call today

we nave received a tel. from the Cov. of .a., stating

that the viceroy has asked for a further loan of 2400,00

to enable nim to redeem Kan-ow Canton railway bonds.

The Gov. states that the viceroy has been negotiating

with the British and Chinese Corporation for this

further loan but that their terms are too high, and Sir

M. Watnan suggests that the Corporation shd. lower

their terms so that they will be somewhat less onerous

than the viceroy can obtain from any foreign source.

It is difficult for the Covt. of d... to arrange

further loan as a loan Ord. nas just been passed by

the Leg. C. and only provides for the 1,100,000.

Will you kindly let us know your views on the matter ?

yours &c.