CO129-331 - Public Offices - 1905 — Page 195

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Paraphrase of Telegram from Sir E. Satow, Peking,

(No. 150, dated August 11th 1905.

Hankow-Canton Railway.

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I have received the following telegram of yes-

terday's date from the Consular Officer at Hankow, res-

pecting the proposed loan to the Viceroy of Wuchang

for the purchase of the American shares in the Hankow-

Canton Railway Concession.

"Last night I received a message through the Vice-

roy of Wuchang's Secretary to the effect that Mr. Mor-

gan on his return to New York, had proposed on the

plea of pressing business to postpone till August 29th.

the discussion of the Final Agreement.

The Chinese Minister at Washington has been re-

quested by the Viceroy to inform Mr. Morgan that only

a few days of postponement could be allowed and that

the Viceroy will declare the concession lapsed and pro-

ceed with the railway without further consultation,

if Mr. Morgan does not carry out his promise.

The Preliminary Agreement of which the Secretary

had seen the text was he assured me, signed by Messrs.

Foster