CO129-329 - Governor Nathan - 1905 [7-12] — Page 651

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PRINTED FOR USE

EASTERN

COLONIAL

OFFICE

Government House.

M

5 November 19os

Disse Not.

Gov Sir

པ་་༢

In continuation of my Secret Dispatch of the 18th October on the subsect

& negotiations for tu completion of a loan spermend and of a jouit working

JUCKXXI 6Xxxi frument ui councelion with Au proposed Cantor Kosloon Railway & have

Forum Alo 3

the honour to quitous for your unformation and record a paraphrase of {{CXxX1} telegram, addraped by tot munistu að Pikuig on the 28th of October the the Conent qeneral as canton and received by me from 4' Scote on this fl with and of a kupanı (880) un which I hausmitted on this date the Courut Jenael's reply to Sit Erners Satoo.

2. As tu. Vienoy að Cantou is thu chief obshuutionist to thu conduziou & a loan agreement with las British & Chuine Capuation and as he could thurifera doubtless put obstacles in the way of this Corporation aduig su any apement concluded with austhur hefoliator and as morcover Sheng Kung Po has showw himself on various occasions to be shifty and umeliaba it viomed to me✡ belin this the loailon Ris proposal for the Vicusy to refoliate should be adopted rather than this the latin should shift the responsibility on to Shang, this desire to do this is probably to save fact before the qoutry and literali

of Kwang Jung bifu, whom he has hitherto appraced so the champion of the taikoay beuis Coushucted by Chuise with Chicke funds. The question of who showed népoliate is our which. 24 Genes$ Satow can betica decide than I can and you with see this I have only bad my opinion before him in a Foulative maMULA.

The fact that the bailou Fu have decided to negotiate any take a steps in advance.

3 I also howmit au Exhast of a letra dated October 6 from the Courel Quinal at Hankow to Sir Dinud Satow regarding itu vicus of the Vicueys of Canton and Couchang or curtain pouits counutd with ita proposal afrumus.

to at

“

44. With regard to the fires of these poista the amount of £2,000,000 which the Aquet of the British & Chunx Capuation propose to cuber in the blank spair of Arlich 1 of liû Loan Agreemond – I Cuelose a copy of a lic addressed by N'CH Rofs to Eiv Gineas Saboo on the 17th of April las qiviny his reasons for this proposal. It is not clear from this letin wohy considering a loan of £1,500, 000, from which lie Chiricro are to get £1350,000, provides, not only for tin Cobeniated cord of land, construction and Equipment (£1,100,000) but also for the cribrod and Brviu g

the loos during constudion (2116178), for working capital (£100,000), and for a margin (/33,822), the enormous further Jum of £ 500,000. should be woɔɔ for his mangin" "I can weh untustand Chany and Is'en objeching to lai sum of £.1.000,000 banig Entered Even as am outside amount for a loan for a railway the wit of constructing and equipping which, according to the Exquicers Estoniate with be £979,679 Exclusive of In cord of land. Ishould thunk vuy belde zirk could be zum & wireting in The Right Hon the

Article

Alfondyliction K.C. M.P

12

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