CO129-512-4 Boxer Indemnity Settlement 22-12-1928 - 9-5-1929 — Page 77

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

(3).

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Hongkong University respectively.

4.

As regards the Board of Trustees, I agree that this question should not be raised by us but left entirely to the wishes of the National government.

5

As regards paragraph 2 of your telegram

under reference, I cannot agree to the linking of the Boxer indemnity question with that of the payment of debts to British firms. As a separate question, however, you should certainly urge the Chinese to pay their just debts; and if they choose voluntarily, either now or later, to make arrangements for paying debts due by them out of the fund, I should welcome

their doing 60.

6.

Lord Buxton and available members of his Committee concur in the above proposals, and in their adoption if and when His Majesty's Government decide that the moment is propitious for taking such action. As regards assurance 2, although in their original report the funds were to be applied to new railway construction, they now consider that owing to the plight into which existing railways have fallen since the date of that report, it is reasonable and desirable that rehabilitation should precede new

construction.

Repeat to Hongkong.

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