CO129-551-4 Canton-Kowloon Railway Working Agreement 16-11-1934 - 5-12-1935 — Page 36

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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Ref: 3/130/1935.

10.46.

By dear Pelham,

DATED: 4th May, 1955,

It has come to my notice that the

oasent

Canton-Hankow Railway reeatly made a large

purchase of Franah Indo-China ement, and that

they used for this purpose funds forthcoming

from the loan raised on the security of Británh

Inimanity funds, The railway people have been

attacked in the Chinese press over this, but

thoir anever was that this cement was minh

cheaper than any cement made within the country

itself. As far as the use of indemnity funds

is concerted, the authorities concerned cont eml

(not to us directly of course, as we have zade

no protast) that the British Empire generally

makes no coment, and that Green Island cement

is not competitive, and that they need only buy

frus the British immpire if all other conditions

/are

0.0.i cihan,

H.M.Trade Commissioner and Commercial Secretary,

Shell HouBO,

HONGKONGS

36

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