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security which I rogard ne absential to the efficacy of
the remedy. The Prine Minister, Hr. Heiung, who consulted
me on the subject of the former proposal, demurred very
strongly to the appointment of a foreign Control Commjnejo-
ner, but it is possible that the objections to a British
subject for control of a domestic loan raised in a
British colony would not be so strong. In any case I
consider it advisable that the conditions of control
should be proposed by the provincial Goverment ratlier
than imposed by Peking, as suggested in lir, Jaisson's
telegram.
I have accordingly telegraphed to the Governor
of Hongkong and to His linjesty's Consul-General at Canton
my views as above stated, ami have suggested that the
latter should approach the Canton authorities and wee how
fær they are prepared to go in the direction of control.
I now learn by telegras from Sir Henry Hay that the schome
for a domestic loan is being submitted to the Central
Government by telegraph.
It remains to be considered whether the proposed
loan
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