and £400,000 be allotted to Tupai to repay the Hongkong and Shanghai Bank loan, he on 9th September telegraphed as follows to Grand Council and the two Boards:-
"Loan for redemption of Hankow-Canton railway of £1,100,000 settled with England; agreement in English and Chinese today personally exchanged with English consul and mutually signed and sealed: the whole amount will be paid over on 6th October. On due date the 2nd instalment of the Development Co. should be fully paid off. By former telegram: first instalment remitted to Minister Liang was borrowed from Hongkong and Shanghai Bank and will now be repaid out of the present loan."
The repayment mentioned is this £400,000 which the consul thinks was never remitted to America and so he expresses a suspicion as to its all being expended for the three provinces, intending to convey that this whole sum was embezzled by Hofi.
Does anyone suppose that sums embezzled would be specially written large in an agreement? This sort of reckless talk is still less worthy of serious refutation.
3.
The original memorial further states:-
"The Viceroy's (power) was limited to cancelling the concession: he could not alone monopolise the important interests connected with the construction of the line which affects the rights of the State and the three provinces. Yet he wrongfully had Hunan grant an official stamp. He planned to ingratiate himself without having any real control with the underlying purpose
Page 563
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and £400,000 be allotted to Tupai to repay the Hongkong and Shanghai Bank loan, he on 9th September telegraphed as follows to Grand Council and the two Boards:-
"Loan for redemption of Hankow-Canton railway of #C1,100,000 settled with England; agreement in English "and Chinese today personally exchanged with English "consul and mutually signed and sealed: the whole
*amount will be paid over on 6th October. On duo date
"the 2nd instalment of the Development Co. should be "fully paid off. Ky formar telegram: first instalment "remitted to Minister Liang was borrowed from Hongkong "and Shanghai: Bank and will now be repaid out of the #present loan."
The repayment mentioned is this £400,000 which the consor thinks was never remitted to America and so he cxpresses a suspicion as to its all being ozpended for the three provinces, intending to convey that this whole star was ombezzled by Hofi.
Does anyone suppos9
that sums embezzled would be specially writ large in an
greement? This sort of reckless talk is still less worthy of serious rofutation.
3.
The originsi nemorial further states:-
"The Viceroy's (power) was limited to cancelling the concession: he could not alone monopolise the import- "eat interests connected with the construction of the line "which affects the rights of the State and the three "provinces. Yet he wrongfully have Hunan gantry an "official stamp. He planned to ingratiate himself
"without having any real control with the underlyin
3
purpose
563
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