CO129-382 - Public Offices - 1911 — Page 538

238

282

11 Jui no

,07:09

nova intquqni na

Dy VÅR SIDantų đi domacet el dolria to wyOD JAN

Da'vo el to dodajaub mituso

eder but fan k izenou svo meant svd des

ti jutto renar mend 5th drie even doldw e'tiqu?

T

¿que_isition to edada e o ME HOLY I OVEN dohw to

Bowls ede doom

vumot ay quiet motto" duuni sat bre vanq

-34 18 ma uvull poinamo0 and

#tu wrote aldonen anteéotnes dexq ui le ombe "ot anix

vi amoitetuclich "red" to ¿iracy ed' uw cat toy anŝde

at el dolów #nuwema dinc besofore end ni usibacte

a:ob to atod of Ale odia vite me de mia of begod

„Ji Chmisyon Geenid edit not grito enoitunin

.(ASIO

536

The Companies agroe to provide the Board of Com-

munications with a gold loan for the above amount at the

rate of 5% per annum to be repaid in half yearly instal-

ments within a period not later than the 31st December,

1930, the date, I believe, of the termination of the Com-

panies' Agreements with China. The loan is to be guaran-

teed by the Chinese Government, and the security is a pre-

ferential lien on China's revenue from "through traffic"

and "limitrophe traffic", as defined respectively in the

sixth Clause of the Agreement of the 26th July,1904, be-

tween the Imperial Chinese Telegraph Administration and

the Companies, and in the first Article of the Telegraph

Convention of the 13th May 1897, between the Chinese

Telegraph Administration and the Great Northern Tele-

graph Company.

A further important security is the provision that

in case of non-payment or short payment of the principal

and interest of the Loan the Companies may deduct any a-

mount that is due to them under the Agreement from the

monies which the Companies are bound to hand over perio-

dically to the Administration by the various existing

eidenronoff -duff

Arrangements