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regret at inability to go and offered to consider
any proposals they might care to send us regarding
disposal of indemity.
(5) In our report we shall probably advise
investment of about five million pounds in permanent
endowment scheme and have selected Canton Hankow
railway as principal form of investment. I have
reason to believe this will gratify Cantonese.
We could not do more for them than this if we
visited Canton. I still consider that if we had
gone to Canton when first we arrived results might have been beneficial but believe that no good
purpose would be served by going now.
Repeated to Peking Hongkong and Canton. Please repeat to Lord Buxton.
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