CO129-491 - Public Offices - 1925 — Page 371

to the

rumming of the re.

Ecommerc

basis ( Im 1923

the working expenses of the excreted the m Section

Кривец

by

$48,800

oo).

be

In this connection itt wice

in 1922 (0.a.§. 57573/22)

recalled

Har

Gout.

arvey

for authority

to take

into negotiations

ain

was te

与

Bruter

AKL

whole

this proporzad

occasion for RRERENCE the ipated default of the chrons Evit.

martapp

o the Rly. Comm

depcon

358

THE BRITISH AND CHINESE CorporATION, LIMITED.

Telegraphie Address: CAMERIST, LONDON"

3. Lombard Street, London/E.C.3.

18th August, 1925.

.0.

37937

19 AUC 25

His Majesty's Principal Secretary of State

for the Colonies,

Colonial Office,

Downing Street,

S. W. 1.

1907.

The

barnt them

them bakken by the 3.0. (60666/12) vis-a-

the poor gote

mi possible

that wi

of the

encoreh

HK. Gent (and, be

Caze

Ap

Chui ese

مية

tantoy

The Wanded

from political motmis.

of the Br. Kamalam rey. staff

compatible withe

the two

the taking

Mond

for

cbar.

the Churniere

British

the complete

"Extension of

the with

a

mod friation

Jauht

live

吓

driest Br.

control

Mate

Best

while

amz Gust

Case

wd.

welcome

a

Gratiol

othe

Hie

any

tescuewi

y the

If the its.

Tention

that

Same

modification

dectin

J

wd. prasinu ably

lection

be open to the fobjection

*ried

by

the

30. before.

sary's sti

constitute

negotiation of

AL

Chimmere

possible.

*

Moreover any

I thad. uniagine

in cuperable

A

satisfactor

negotiations of my

ber

存

agreement with

Conditiis lettle

deut

becomes

Sir:

the Chinese

Gust

CANTON-KOWLOON RAILWAY.

I have the honour to draw your attention to the condition into which this railway has fallen owing to the disturbed state of the Kwantung Province.

Even in normal times the profits of the line are insufficient to pay the loan service, which has to be met by the Chinese Government from outside sources, a state of affairs which it was hoped would be remedied when, by the completion of the Canton-Kowloon line, the Canton-Kowloon Railway became the terminal section of a principal trunk line through central China.

There is no immediate prospect of this new construction work being done, and at present the railway is falling into a state of deterioration and disuse, under circumstances with which you are without doubt familiar.

So deplorable is the state of the line, and so difficult is its general management, that the agents of the Corporation in the Far East have gone so far as to suggest ita abandonment, coupled with a demand from the Chinese Government for their passage home of the British Staff. We, in London, however, would be extremely loath to adopt such a course, in the first place in the interests of the bond-holders, for whom we act as quasi-trustees, but

? pereced

Aus

wid.I.4. coman

Packin

27/3