CO129-345 - Public Offices & Foreign Office - 1907 — Page 72

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Majesty's Government understood that the capital of the

proposed British Company was to be at the disposal of

the British and Chinese Corporation and of the French

group in equal moieties; and that the Chairman of the

Company was to be a British subject appointed by the

British group and that he would have a casting vote.

His Majesty's Government adhere to this attitude, which

is based, (as in the case of the agreement arrived at

in October 1905 as to British and French cooperation

in the railway projects of the 'Chinese Central Rail-

ways Limited',) on the principle of the employment in

equal proportion of British and French engineers and of

British and French materials for railway construction.

While His Majesty's Government are sincerely de-

sirous of continued cooperation between the French and

British