CO129-444 - Governor Sir May & Acting Governor Claud Severn - 1917 [10-12] — Page 58

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56

4:1

.Y TO O

redoto

rodarok

Jähre "[ortery (i♥ maidertevene omne bad meded) fpe¶

trejder and re (natrað de Immaræð» [ummeð tuo „mwelant

Cum „¢onivomi vrt rowl edt ni enoi-geonæ intria

* quor? sve gristetɗo two to ytilidingh crð bedroov-

Preblecit eodre sad entro dire wol

piriqo tuo ni ‚cmx med omit eikt „prouted roqu new ber-Inch

Turn thuoct sheen Icode trotte zugurende yrov a neche

rodyrol af eri Beviremin of erree ** 3**¶ al setvinkl

«[or *o* \[*e [ur Fêteq parinki tre noidnegroti to namais odd

e eyelf-V revif dérol' her drak edo en paninigth depe et

om da žile, Bin inde i nevin Inceli tre dra” and to rdi«ɑ erð

Ie to el-meniri ni doit er, evrilen në Nozze” pret Sved

· TİTOR

vointirarq edi mort el qaɔmarok dert

corel leave. Tog doqe erd natneŊ (@iw se¿tilio»t yowlles eti

or ed an eter rodedebra ed deed two de rêve de leite nor)

mixnë më đưu tư be tionga esna edhill deve deßt kre ¡dduok

elkymofob arit at visegeorg De prone ai gaite "[voz tebro

ne ri Inɛyed neid \[zuv more qmittiterad emit szeɛ edt de

airedqe or been of er euoivdo

-pabrement wall Indo,eno in en rederi ano ex-T

4

opole won ti eddyby weirim I-or to noktiskunsa erið yl-

ni ebrid [Ir to comprostoro, edelimite & Ing boodyreitążen

tevo ergelaten nei meď vomĺboy quo amittitored „pmalat ant

Time „rażde[uqiq terrornei vieno adi vi aniqmind ‚senii viede

ta eðr forem að yfirageng Freœmni diivavend

-boot to eximmon seil,qua ni enromni poressoer ert Ed

foodstuffs, clothing, housing and the like, while that

Ching herself must necessarily share in such aided prosperi-

-ty, cannot be doubted, since, on the lines of the follow-

-ing proposals, she would have a large interest in any and

All such undertakings, instead of continuing to allow, na

she does to the present day, this source of untold wealth to

remain idle and undeveloped. Furthermore such works under

British management and control would provide steady and well

paid employment to large mumbers of her population to their

material benefit which would tend to minimise, in a grent measure, the evils of highway robbery and pirney now so

prevalent.

Our views, roughly, are that a powerful

Hongkong syndicate, of which we are the representatives,

should obtain from China a general mncession over a period

of three years in which to send out prospectors and engi-

-neers through the districts named to search for and logste

such mines and beds of ore; and that when such have been

found a concession to work them should be given to us, that a company or compies would then be floated registered in Hongkong under the Companies Ordinance with such Capital as might be decided upon and with a Chinese Representative nominate by the Chinese Govammont on the Board of Direct- -ors. The Chinese Government to be given ng consideration

for the concession either 50% of the paid up capital, but

with the proviso that in this case the mount of all moneys expended in prospecting, flotation, cost of machinery and plant etc. would constitute a first charge on the profita, to be paid off at the rate of 10% per nun before division of profits without interest, the said 50% to be in fully paid share only, or 35% of the paid up capital wholly in cash or shares or partly in cash and partly in shares with- -out such proviso as above.

We shall therefore be glad, Sir, if you think

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