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COTROLY
རྩྭ་;
TODAY MA
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by the action of the German Consul at Hankow reported
in my telegram No. 118 of June 22, and the assertion to the
Tactal of German prior rights to a loan on the score of
proposals made in 1905. The Taotad seems to have put him
off, and I have not at present heard anything further on
the subject, but the possibility of German competition
should be borne in mind.
M. Casenave's further sugestion that the name of
the French should be eliminated from the Hupel Agreement
on condition that we should submit to similar effacement
in case of the loan which the Viceroy at Canton proposes
to raise for the construction of railways in the province
of Kuangtung seems to me open to obvious objections. The
Hupei section of the railway will be a purely commercial
undertaking, while the Canton end can scarcely fail to
have a political interest which, in view of our position
at Hongkong and our connection with the Canton-Kowloon
railway, we can scarcely allow the French to monopolise
und bad puumenRA
with safety.
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The Chinese Government, too, on reflection could
hardly
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