CO129-360 - Public Offices - 1909 — Page 328

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Telegram-from Foreign Office to Sir Jordan. No.26

dated February 1st 1909.

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Canton-llankow Railway Loan.

See my telegram No.24 of January 27th.

The re-

The French Government have refused definitely to give

their consent to German participation in the loan, unless

an agreement is at the same time come to for sharing in the

same manner all future business. This was explained by

Mr. Addis at Berlin, whence he has just returned.

sult, we understand, is that the German group have undertaken

not to compete in any vexatious manner and to make an offer

on fair terms only. This they explain as meaning terms on

which they would be prepared to accept the whole loan and

arrange for its issue on the German market. The Germans,

therefore, will make a separate tender, the French group

tendering in conjunction with the Hongkong and Shanghai Bank

and recognizing that the British have preferential rights

with regard to the supply of materials and the appointment

of engineers.

On January 31st the Peking Correspondent of the Times

stated