CO129-367 - Acting Governor May - 1910 [6-7] — Page 383

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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(4)

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at a junction station as also delay, filtration, pilfering and

expenses of transhipping goods would be fatal.

(6) In dealing with competitive traffic it happens that a rate

has to be fixed which just more than covers the expenses of

haulage and stores and in such a case it is not possible to

levy terminal charges because by doing so the rate would be

unduly increased, so that one looks to paying terminals out

of the more profitable business; and in the draft Working Agree-

ment it is provided that terminal charges and others due to

special services may be drawn from the pooled takings before

a final distribution of profits, whenever it is not possible

to levy them at first hand. To give an example supposing

foor a

ano

`a traffic which it is just possible to carry at 80 cents

at the British terminal a ton some sort of facility in the way of a crane has to be

provided the interest on the Capital cost of which together

with its working would add a further 5 cents on to the rate.

Joce

1

Supposing Sumbles that ♣f the Railways were worked as separate

concerns the Chinese i iz case would have the advantagey for

the British Section would have to forego charging its termipal,

For as a consequence the traffic Would not be carried, unless

there were some sort of arrangement provided for paying it out

of more profitable traffic. Therefore unless the Bections were

worked as a Joint concern with a common fund from which com-

pensation for such losses could be made, no sort of concession

would ever be made by one Section to the other.

(7)

It is to the interest of the traffic that the Rolling

Stock and the Road and Works throughout the two Sections should

be maintained in a unform manner and this is only

14

possible by

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