564
6,000,000 authorized an expenditure on the Kuangtung built line 10 times as great as foreign lines and the Viceroy's loan to redeem exceeds instead of being under Sheng's estimate: how was no retrenchment possible? Yet the amount of the loan mentioned in the press is
£700,000 remitted to the Minister to the United States of America and £400,000 remitted to Huêgi Viceroy. Was all this £400,000 expended on behalf of the three Provinces? If not, the proper course was for the redemption sum and the expenses to be set forth in a return forwarded to the Board of Commerce and the Government. How can he claim that as he was managing the redemption the Court had nothing to do with what took place?
Now the resumption for our own working of the Canton-Hankow railway presented only two ways of dealing with the China Development Co.—cancellation or redemption of the concession.
Then the Wei Wu Pu would
If cancellation, then the first step would have been to ask the Court to promulgate a Decree announcing the reasons for cancellation.
have written to the American envoy and to our Minister in U.S.A. who would have written to the American Department of State. At the same time the three provinces would have had to engage a foreign lawyer and send an officer to America to get ready for going to law with the Company. If we had won our case the agreement could have been cancelled, the expenses repayable to the Company having to be decided by the American courts,
564
6,000,000 authorized an expenditure on the Kuangtung built line 10 times as great as foreign lines and the Viceroy's loan to redeem exceeds instead of being under Sheng's estimate: how was no retrenchment possible? Yet the amount of the loan mentioned in the press is
£700,000 remitted to the Minister to the United States of America and £400,000 remitted to Hueği Viceroy. Was all this £400,000 expended on behalf of the three Provincea? If not the proper course was for the redempti
sum and the expenses to be net forth in a return
forwarded to the Board of Commerce and the Government. How can he claim that as he was managing the redemption the Court had nothing to do with what took place?"
Now the resumption for our own working of the Canton-Hankow railway presented only two ways of dealing with the China Development Co.- cancellation or
redemption of the concession.
Then the Wei Wu Pu would
If cancellation, then the first step would have been to ask the Court to promulgate a Decree announcing
the reasons for cancellation.
have written to the American envoy and to our Minister
in U.S.A. who would have written to the American
Department of State. At the same time the three pro-
vinces would have had to engage a foreign lawyer and send an officer to America to get ready for going to law with the Company. If we had won our case the agroemont could have been cancelled, the expenses repayable to the
Company having to be decided by the American courts,
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