(2).
ماد
(3) That preference will be given to railways where there is a British financial interest; and that
the railway materials required will be ordered in the United Kingdom.
(4) That, if possible, the urgently necessary Chihli (or Haiho) conservancy work should also be financed out of the indemnity funds under the same conditions as the railway work.
(5) That in order to make an immediate start
on Anglo-Chinese educational work £250,000 be transferred to the Hongkong University out of the deposited funds, and £200,000 be similarly transferred
to the Universities China Committee in London.
(6) That, as future instalments of the indemnity are paid, they should also be partly applied to immediate educational purposes as recommended in the Buxton Committee's report, besides being applied to the principal purposes of railway rehabilitation and river conservancy.
3
If some such assurances could be obtained from the Chinese government, my intention is to instruct you to reply that His Majesty's Government will at once take steps to remit all payments of the indemnity in future to the National government's unfettered control; and that in due course, after the necessary legislation has been passed in Parliament His Majesty's Government will transfer to the National government the balance of the deposited funds, after having set aside the two sums of £200,000 and £250,000 for the Universities China Committee and
Hongkong
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