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[This Document is the Property of His Britannic Majesty's Government.]
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Rece Race 28 JAN 10
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AFFAIRS OF CHINA.
CONFIDENTIAL.
[December 28:1
SECTION 7.
[46762]
(No. 459.) Sir,
No. 1.
Sir J. Jordan to Sir Edward Grey.-(Received December 28.)
Peking, December 9, 1909. WITH reference to my despatch No. 430 of the 23rd November, I have the honour to report that the proposal mentioned therein met with objections on the part of the British and French banks in London and Paris, who wisely declined to lend money to the Manchurian Government on the strength of the provincial revenues.
The American offer of 10,000,000 taels is now believed to have been made in The Chinese connection with the financing of the Chinchow-Tsitsihar Railway. Government, however, no longer seems to view that project with favour, and Liang Tun-yên and others speak in vague terms of an international scheme of a much more comprehensive nature for the development of Manchuria.
I have, &c.
[2548 ee-7]
J. N. JORDAN.
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