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Je soulq odat [Isda noijnsvnoð Jnsavng mát to I elokðni
t
a. to mm sure a lé
are collected by the Administration and by the Companies at their stations in China and at Hongkong.
2. To this end the Administration and the Companies shall annually at the end of the foreign calendar year determine the average value of that coin in francs, and this value shall serve as the rate of exchange for the collection of charges and for the settlement of accounts during the year following.
3.
Should the Administration and the Companies be unable to agree on the average value of that coin in francs,;
the question shall be referred for settlement to the Manager of one of the leading foreign banks at Shanghai. V. For telegrams transitting China, and exchanged between Europe (Russia excepted), America, and, when transitting Europe, all other countries beyond Europe, on the one side, and all other countries on the other side, and Administration undertakes, when concluding, renewing, or revising Telegraph Conventions, to fix at the time collect- ed for telegrams described under Sections I and 3 of Article 1 of the present Convention.
VI. The Contracting Parties recognise the principle of collecting charges and settling accounts at the actual silver equivalent of international charges fixed in gold, and undertake in each case when so requested by the other Administrations concerned with whom they have concluded Telegraph Conventions, also to apply this principle to the collection and settlement of such international charges.
VII. For international telegrams exchange by the Companies cable routes with other countries than those specified in Article I of the present Convention, the Administration undertakes to establish an uniform terminal charge ta francs, which shall not be higher than the average of the terminal charges which are fired, or shall be fixed, for such traffic when sent by the other telegraph
routes of China.
VIII. 1.
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