CO129-512-5 Boxer Indemnity Settlement 21-5-1929 - 21-5-1929 — Page 124

NO SECRET. (2)

Copy to:-

Peking No.22.

GOVERNMENT HOUSE,

HONG KONG 9th May 1929.

50

120

Sir,

I have the honour to address you once more

with regard to the application of the China Indemnity.

His Majesty's Government have, I understand, instructed

the British Minister in Peking to approach the Chinese

Government with a view to securing from that Government

the following assurances :-

(i)

(ii)

(iii)

That, the Chinese Government will deal with the funds of the Indemnity on the lines of the Advisory Committee's Report:

That, the Chinese Government will, if necessary, take steps to invest the money already in hand and due for early payment in rehabilitation of the existing railways of China, and that the money thus invested will be regarded as a loan to those railways, so as to form an endowment fund for educational purposes:

That, preference will be given to those

railways in which there is British financial interest and that the railway materials required will be ordered in the United Kingdom:

(iv)

That, if possible, the urgent necessary Chihli (or Hai Ho) conservancy work should also be financed out of the Indemnity Funds under the same conditions as the railway work.

(v)

That, in order to make an immediate start witl Anglo-Chinese educational work, a sum of

$250,000

THE RIGHT HONOURABLE

ȚIEUTENANT COLONEL L.C.M.S. AMERY, V.P.

&c..

c.,

&c.,