!
Jecypher, Sir J. Jordan. Peking. January 31st, 1914.
3.Jan. 31st. 1.40 p.m. r. 2.25p.m.)
5.10. (R).
Your telegram No. 10.
Loheme submitted by agent of Hong-Kong and Shanghai Bank was bjected by Canton Coverment and attempta were subsequently made
raise a loan without safeguards from an independent British
Un January 16th His kajesty's Consul-General at Canton in onsultation with Governor of Hong-wong telegraphed that Chiness
hong-kong were willing to furnish Canton Government with questic loan of twenty million dollars provided that effective
rein control was imposed by central government, It was Bug- sted that I should induce President to accept this principle
d instruct Canton accordingly.
I replied that scheme seemed to me more practicable and Te consonant with British interests than the international one spored by agent of long-hong and Changhai Bank and that central frornment would probably sanction any arrangement regarding
Consul-General was
ntrol accepted by Canton Government. thorized, as a preliminary step, tè approach Canton Government 3 see how far they were prepared to go in direction of (7 direct) Etrol. I added that scheme might possibly be held to conflict th. terms of reorganization loan and that liis Lajesty's Government
be uld have to/consulted before any definite agreement was concluded
Governor of long-nong telegraphed on January 22nd that scheme veen laid by Chinese promoters before the central government telegraph and there the matter rests at present.
Full report was sent in my despatch ko,29, of January 24th.
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