CO129-329 - Governor Nathan - 1905 [7-12] — Page 533

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Government House.

18 Odder 1905

57257 on continuation of my Freret Despatch of the 6th October 1905, on the

*N> CHI 16 CXVID Subjcil of loan by Hong Kong to the Vicewy of touching us counaction, with Chan

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redemption of the Carton-Hankow Railway, I have the honour to ruiter for Your information and round a

paraphrase of furthu tetepaphic carcoponðince with yourode, A BM Munishu að Peking and HBM Consul Qchurel af Hankow.

2. In the 7th paragraph of the despatch abour referred to, which lift (în Colony as hoon on

Saturday An 7th instand I informed you that brands the Colonial Sccredary, my drivets Scoudario and myself, no one was aware of Government of KongKong having taken any part in the repurchase of this railway Concession. Two hours later a Filigram lõnis brought to me from the office of In Cheria Mail" newspaper stating that there has been published vin Shanghai an apumend between Chary Chit Jung and the Hongkong Governmus for a Loan 4. KongKong of £1,100,000..

I did not Huck & desirable to confirm. this heut cuntil I had communicated the apruermend and confideustally the concomitans advantages to be derived from it & An Executive Council. I accordingly at once folygraphed (CII) for your concurrence in my making ltús communication texcved your answer of the following day (IX)

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3. The unformation flou. Shanghai bung repeated in the issue of The Soutte Chuia Hornuis Post” nusspapu which appeared of the morning of the 8th I had meeburig of Execution Counúl on that day in which my action in the matin of Chi loan was unanimously approved. The Council did not thuick it heupeaz thes of this puried Schould natie any shokues to lâu degislative Counić ou tu subject.

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4. Onllu highs of loeducaday the 11, how wow, I receive your tilgeam of the day(CX) sboro telling me down to legislate for authority to raios a loan for the reparmend of the Crower

Aqcuts advanus of £400, 000 - £ 700, 000. I accorduigly drafted si Un following, Morris, bebe authowing the to zaior as occation mijes requité sums not Exceding (2,000,000 ui ale to repay the calf of a railway from Kowloon and for other railway purposco.

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5. It seemed to me thus it would condually to harpary to get authority for. Lean for the Hongkong Sution of the Canton Kowloon Railway athes of this authority was obtained at the same time as this for this loan for repayment of advance that For the Crown requels the later lay would be more acceptath is the Lepistation Council I accordingly added to the £1,100 heady incurred a sum of £500,000, tin approximate 4675 Estimate for the Hongkong suction of the Canton Kowloon Railway cond armed in parapiph

20 of my confidustal dispatch of the 11 January 1905, ai istinate which I have AND seen no reason to modify, though I note that in paragraph 5 of you confidenteal

dispatch of the 20th Januny laws you suggus $750,000 as a INS £1.600,

1000 sotanice ↳ adding my estimate for ten Hong Kong Scution of the Canton Ife aksiate. To ltr. Kowloon railway to the amount of the Crown Agents Drances on account of redemption of

the the Cantor Hankow luis, I added a further vun of £ 400, 000 bunjing up the total to £2,000,000, with two objects in bico. Fived of als I wanted to be si a bortion withous funthun legislation to meet the posaithe supplemendary Castro Hankou The Right How

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"Alfred Zyliella K.C. MP.

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