CO129-546-8 Revision of Kowloon Canton Railway Agreement 11-12-1933 - 4-12-1934 — Page 124

-3-

they will be in receipt of 75% which should then be a

um than would

home may be abizmotive

BritLab

(a) The correction of a loop line and the rendering eff”: ai ant

of the Hallway would bring in greater recsiņts and it is

sy not be less than a present

wivable that a future

$8 and facility to trade will be greatly enhanced and thus

kditional benefit accrue

Colony,

131

Am over-riding consideration is that by the aday tion of sons such mahome we are making a practical and constructive suggestion of help to South China in her development and we are going a considerable my towards the Chinese without impairing our own benefita. It my be

for

bms we ootald as a last maggestion

as a division of 80% and 205, in which case läź would be armarked for

repayment of loan.

The alternative to the adoption of acething on the above

lines does not appear very praising.

At a Comference merely for the revision of the expired working

agreement I imagine that the Chinese deraanis váll be considerable while

we mbu13. be disinalinsd

agree with them. To anALES

avoid acrimony which could only have a bad effect on our position, we may be driven into making concessions without adequate quid pro quo.

simply a stopper on Chinese plans (even if they are unreasonable) will

not help but rather hinder un.

data mode availablo to me I

therefore would venture to suggest that the Conference should proceed

as anticipated, the British draft being taken as it is. In the meantime

the above suggestions might be worked out for what they are worth, and if

/feasible