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joint signature of the Agreement.
No.2 was the stone of stumbling. Not that the French
Group of financiers themselves appeared to have serious
objection to German participation in principle. It was
the French Government who refused their consent.
it is
true that within an hour of my departure for Berlin, the
French Minister of Finance intimated that if the scope of
the British proposal were extended to embrace an Anglo-
French-German "Entente générale" for the whole of China
(and possibly elsewhere) ne might reconsider his decision.
The reply was that the wider question was not witain the
competence of the present negotiator to discuss.
It must be considered then that the Frenca Government
definitely refused its consent to the British proposal
for German participation ad hoc.
It was
The action of the French, of course, rendered nuga-
tory in advance any negotiations with Germany.
considered right, however, as an act of courtesy and evi-
Gonce of good will that I should explain to our German
friends in person the efforts we had made on their behalf
and our regret that they had been rendered fruitless, not
through any lack of zeal on our part, but solely by the
action
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