Grig on 62897
30
34
The Sovernor put forward t. ree ache os
for immediate consideration!
(1) The purchase of an ines for the kowloon
Canton Railway;
(2) The construction of a cross harbour water
pipe linni
(ú) The asvalopment of the Laradrove.
(1)
The purchase of an ines for the
The Kowloon Canton Hailway
Kowloon-Canton jaj Iway.
is, in effect, a joint undertaking of the long long
Govarmeant and the Chinese Authorities at Cunten.
it is divided into a British and Chinose Section,
but there is through runnin over the whole line.
The new an ines are required for hauling express
trains. As they are not required by the British
pection for its om purposes they argultim toly to
belon, to the Chinese Section. The latter, however,
is unaule to pay for they inreiately, and the
હું
Hong Kong Govement, has spread to order and pay for
them on behalf of the Chinese section ww will retain
possessionand operate them as locomotives of the british Section until they are paid for by the Chinese, in the meanwhile receiving from the Canton
Government interest at 6 on the purchase price.
In view of these terms it is felt that it would be
improper for « loan without interest to be made to the long hong -overnment, which would than be making
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