CO129-345 - Public Offices & Foreign Office - 1907 — Page 156

153

and widelaine tepot to

ཉིན

*

ch erit ajom ur pd Bosowia

old at vennelf Svitaim

standingen lisaegy or

NTROL of old na Ar

wo host astone, wideviam pro súh tun S

For baconda au ar gvad esofoRL DADS

serk vo viery vid ovdow of 1902?

ALQAQUANE MI, "TOKOSÄ nando vabisad

Kyk Jadot writ qt vor rebienos ar

gest a do dana sud do viiceb sentirt

my web rttim berudivos ad NPO tě sobivore,anidoumdareno

Hi enit o tu dutezeg (a wedd 2.

eo xmof on, dostó visszao af

riwa massa eatu od sõqmatta

Dé,eumiinoo erotatboo ar

*

*

30 Makamoo A

Mestni v andworted wiâ nú en 12

Lovages digora od góravil 27 on Pouzdanoo yumides h boetxe

9.

My approaching interview with the Wai Fu Pu seems to furnish a meeeesten an occasion for pressing upon them a comprehensive scheme this nature; and I subjoin herewith the outline of such a scheme

his hich I propose to lay before Sir.J.Jordan and, if it meets with your

pproval, to submit to you by wire.

cheme for international railway loan.

(1) The 1.& Bank, the banque de l'Indo-Chine and the Deutsch-Asiat-

ische Bank to form a combinaţion, with the approval of their Gover- ments, for the issue of an Impl.Chinese Government 5 gold loan of

£10,000,000.the Governments concerned undertaking to support the combination against other banks or firms of their nationele compet-

-ing to the detriment of its objects.

(2). The objects of the loan to be,

(4) The redemption of the Peking -Hankow Railway, say £6.000.000.

(B) The Construction of the Canton-Hankow railway, £5.000.000.

(C) The construction of the Hankow -Szuchuan railway, £7.000.000.

The last two railways representing a mileage of, say 1500.

miles,at an average of £8000.a mile.

(3). The loan to be floated in series, say one of £6.000.000.and

four of £3.000.000. The term of the loan to be 35 or 40 years.

(4). Paynent of principal and interest to be unconditionally

guarantood by the Impl.Chinese Goverment. No specific security to be hypothecated; but, in the event of the Chinese Government at any future time hypothecting internal revenues for other loans, the

present loan to have priority. In the event of default, the Chinese

Government undertakes to arrange with the Powers concerned, in

consultation