FOREIGN OFFICE, November 20, 1905.
With reference to previous correspondence respecting the Hankow-Canton Railway Concession, I am directed by the Marquess of Lansdowne to state for the information of the Secretary of State for the Colonies, that on the 5th instant the French Embassy suggested that the understanding in regard to Anglo-French financial cooperation in China should be extended to the Hankow-Canton line.
The question would, it was believed, be brought up at the General Meeting of the Chinese Central Railways Limited, which was to take place on the following day, and as the Company represent the Anglo-French financial combination in the matter of Chinese railways, they would be in a favourable position to take up the Hankow-Canton railway business. This view was shared by the French and by the majority.
Chinese Central Ratings will be held on to 90% by French & British equally and 100% by the Belgians. If the Americans do come in, the proportions will apparently be French 42.5%, British 40%, Americans 7.5%, Belgian 10%. The deferred shares will receive half the profits after the ordinary shares have been paid their nominal value.
The position at present seems to be that each several powers can block the projects of the others. The extension of the understanding as proposed will convert the rivals from disputants into allies in respect of this line.
On Monday, I think those in favour are right. I will see that Sir I. Nathan can half telegraph in sense 2012.
1
24/11
Dr. C.P.2.22 at once
Immerbint 77356.
| Entity | Percentage |
|---|---|
| French | 42.5% |
| British | 40% |
| Americans | 7.5% |
| Belgian | 10% |
| British taste | 45% |
| French | 55% |
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C.O. 543
PRINTED FOR USE, EASTERN No. 8.
COLONIAL OFFICE 41030/85
FOREIGN OFFICE,
18585.16015
1
Chinese Central Ratings will be held on to 90% by French & British Equally
o &
100% the Belgians. If the Americans do
come in the proportions will appointy
French 42/1⁄2, Brition 40% Americans 71⁄2 Belgian 1800
The deferred shares
uch. will latte half the
prozili after the ordinary shares have beenived
relien aquel this nominal value
are
held
6557% Milish taste 45% & French.
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Ly
the understanding as proposed will convert the dramal
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1
24/11
Dr. C.P.2.22
at once
Immerbint
77356.
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Confidential.
Sir:-
Ropy of Agreement
C.0.
543
انه
RINTED FOR USE,
EASTERN
No. 8.
CONIAL OFFICE
41030
240 85
FOREIGN OFFICE,
November 20, 1905.
With reference to previous correspondence res-
pecting the Hankow-Canton Railway Concession, I am
directed by the Marquess of Lansdowne to state for
the information of the Secretary of State for the
Colonies, that on the 5th instant the French Embassy
suggested that the understanding in regard to Anglo-
French financial cooperation in China should be ex-
tended to the Hankow-Canton iine.
The question would, it was believed, be brought
up at the General Meeting of the Chinese Central
Railways Limited, which was to take place on the
following day, and as the Company represent the Anglo-
French financial combination in the matter of Chi-
nese railways, they would be in a favourable posi-
tion to take up the Hankow-Canton railway business.
This view was shared by the French and by the
majority
The Under Secretary of State,
Colonial Office.
18585.16015
علامة 5
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