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Sir A. Cadogan (Poking),
NO DISTRIBUTION
1st October 1934.
(By Wireless) 1st October 1934.
6.15 p.m. 1st October 1934.
No. 615. (R).
My telegram No. 605, second paragraphı.
84
It seemed necessary and illogical to have too formal
an exchange of notes seeing that all surplus revenues of railway are already, under loan agreement, ear-marked for service of ical, I accordingly, with concurrence of Governor of Hongkong and representative of British and Chinese Cor- poration, proposed to Minister of Railways that he should
merely address a note to the Governor confirming under-
taking of Chinese delegates that future surpluses consequent
on increased percentage to be assigned to Chinese section
would be ear-marked for service of loan which, under loan
agreement, was a first charge on earnings of the line.
Minister of Railways has now sent a message in reply,
claiming that it had been agreed between delegates that under-
taking regarding surplus should not be embodied in writing,
refusing accordingly to send note, but expressing willingness
to embody terms of my draft in a ministerial order to rail-
way and to send us a copy.
Subject to concurrence of Governor of Hongkong and
Corporation's representative I propose to accept this as
satisfactory.
Addressed to Foreign Office, repeated to Mission,
Hongkong, and Commercial Counsellor.
No comments yet.
Private notes are available after approval.