CO129-546-8 Revision of Kowloon Canton Railway Agreement 11-12-1933 - 4-12-1934 — Page 94

ㄠˊ ARBLATION.

G...T. 17/1934.

Bin

FROM

WAI CIAO PU

101

TO H. M. MINISTER

MAD. XXXXX

6th July, 1934 eceived 13/7/1954)

I have the honour to samovledge receipt of You

zoellene'a Tote dated the 11th June stating that a fupe

thor default had occurred in the payment of the half-yearly

interest which fall due on let June, 1954, together with

Bank'a cocinaions in respect of the Canton- owloon lail-

way Coen of 1907, and that the total amount in default

had reached the large son of £3,679,060. 3. 0. It was

requested that this beer noetakuletion of debt, for the

liquidation of which no effective measures had as yet been

taken, should be brought to the seriae attention of the

Chinese Goverment, in order that early provision night

be made to reduce the amount in appears W mibetantial re-

mittances. I have also the honour to acknowledge receipt

of the statement attached to Your xoellency'ɑ Boto.

I have the honour to state in reply that the ind Øre

try of milways, to whom the mattor was duly referred,have

now furnished the following occrarioatian în reply:-

ith regard to the arrears outstanding in 20-

#yoot of the Canton-"owloon "alway Camn, this Vinistry

has for a long time boon meaking to devise plans of

POMI JUNTON É wing however to the magnitude of the

memorias of the afrosro, no satisfactory arraignsent ha

as yet been devised.

DOON AS A BOARD

satisfnotarily worked out,the bandholders will naturally

be at once approached with a view to axmpriate action."

1 avail myself of this opportunity to renew to your

/xcellen