CO129-470 - Public Offices - 1921 — Page 176

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repaying the loan of 20,000,000 yen arranged in 1918, being extended until 1934.

174

I would mention that the instalments to be paid by the Administration to the Companies between the present time and the end of 1930, in respect of the "Boxer" cables and the exist- ing loan above referred to, represent about £538,000 and the loan instalment of £31,018 due on the 30th June last, has not

yet been paid.

The European Adviser to the Administration (He. Eriksen) is now in London, with instructions to negotiate with the Companies in regard to the above questions, but before making any responses to his approaches, I have told him that it will be necessary to learn the views of His Majesty's Government thereon, especially as to the proposed further loan.

Hay I, therefore, request the honour of an interview with yourself, or any official you may wish to represent you, in order that any explanation or additional information may be

Mr. Eriksen wishes to leave Europe for afforded if required. China next month, and I should therefore be glad to hear from you respecting the desired interview at your early convenience.

I have,

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(Sd); J. DENISON PINDER,

Chairman,

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