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built and equipped as economically as possible in accordance with the
best modern system and so as to comply in all respects with the
Working Agreement, it being hereby agreed that the Chinese
Administration shall secure the necessary land for a double line of
railway for the whole distance, as well as other facilities as required
for the purposes of the construction and working of the Railway in
accordance with the Working Agreement. The actual construction of
the Railway may be carried out either departmentally or through the
agency of contractors, or in whatever way shall appear most likely to
produce effective construction in the most economical manner.
When the Railway is completed if there is a surplus from the sale
of Bonds the said surplus shall be at the disposal of the Chinese
Government for redeeming the Bonds or to be placed through the
Director General in a bank on deposit for the purpose of paying
interest on the Loan or for other purposes with a view to being
beneficial to the Railway, all to be arranged at the proper time
between the Director General and the Corporation.
In all matters relating to the construction of the Railway it is
expressly agreed that particular heed shall be paid to the opinions
habits and ideas of the Chinese people, and that when practicable
Chinese shall be employed as far as possible by the Board of
Commissioners in positions of trust and responsibility in connection
with the Railway.
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