CO129-368 - Acting Governor May - 1910 [8-9] — Page 400

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of the British.

In such a case the first reduction gust

C

to reduce the Chinese share by 75 per cent and if that

reduation is not sufficimt, to reduce on either side as

indicated above.

The same principles should apply to Goods rate, and

an Agreement come to that all traffic must be omrried

which allows ef a margin of 20 per cent on the actual cost

of haulage provided that no better offers,

Always prom

vided that even below this traffic may be carried by mutu...

al consent, provided thereby profit and advantage is likely

to meerue to both Bectioms.

henever by applying the

above principle it can be shown by either party that the

Division of Gross Receipts is plainly « lows to one side,

it shall be at the option of the other party to agree to

an equalisation of rate to avoid much loss and them to

pll on the other side to fulfil the agrement.

RUNNING POWERS.

Having agreed to the above, the grant of Running Power

may be discussed.

The effect on either Section may

guaged by assuming the Third Class fare to Canton to be

{ 70 cents. ás proposed in the Working Agreement the shaT #

should be divided as two-fifths and three-fifths,

would give 20

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