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that spirit cannot better be fulfilled than by adopting the policy which is now presented for their consideration.
16.
It seems to liis Majesty's Government that the first step towards the carrying of this new policy into effect should be the immediate uncon- ditional grant of the Washington surtaxes. Lest it be supposed that the grant of the surtaxes might favour one faction at the expense of the others, and so provide a further incentive to civil war, Fits Majesty's Government deem it important to point out that, as no conditions would be attached to the grant, the proceeds of the surtaxes would not necessarily be remitted by the Commissioners of Customs to the Cus- todian banks at Shanghai. It would in each case be for the competent Chinese authorities to decide all questions as to the disposition and banking of these additional revenues. His Majesty's Government would be glad to learn at the earliest possible moment whether the Powers agree to the unconditional grant of the Washington surtaxes.
P.O
Liv
ade
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