CO129-553-5 Japanese activities in Macao and Canton 31-1-1935 - 22-11-1935 — Page 49

15 Secret

51560

NO. SECRET.

AIR MAIL.

Cpies to Trade Commissioner,

Hong Kong. (23)

Commercial Counsellor,

Shanghai.

H.M. Ambassador, Peking. (43). D.M. Nanking.

Consul-General, Canton. (59). Commodore-in-Charge,

Hong Kong.

Commander-in-Chief,

Hong Kong.

General Officer Command-

ing, Hong Kong.

Sir,

74

GOVERNMENT HOUSE,

13

HONG KONG.

4th September, 1935.

49

(64)

1. Chief Manager's letter

of 25th July, 1935. 2. Colonial Secretary's letter of 31st July, 1935.

3. Chief Manager's letter of 2nd August, 1935. 4. Colonial Secretary's

letter of 9th August, 1935.

With reference to your Secret telegram

No.54 of 3rd May, 1935, I have the honour to enclose for

your information copy of correspondence as noted in the margin between the Chief Manager of the Hong Kong & Shanghai Banking Corporation and the Colonial Secretary on the subject of the Macao Waterworks. It will be observed that 5. Chief Manager's letter a concessionary contract has been given to

of 22nd August, 1935 with enclosure.

a Portuguese Company operated and owned by the 5.

Macao Waterworks Company, Limited, for a term of sixty years Enclos. Nos.1

with an option of renewal. The Macao Waterworks Company is owned by the Hong Kong & Shanghai Banking Corporation and the Macao Electric Lighting Company, Limited, in the proportions of four-fifths and one-fifth respectively. The estimated cost of erection of the new Waterworks will probably exceed $2,000,000.00 Hong Kong currency.

2.

The Chief Manager states that he is reasonably satisfied that as a commercial proposition the scheme should be successful and that the Corporation is prepared to be responsible for all financial risks in connection with the scheme, but he requests a guarantee

THE RIGHT HONOURABLE

MALCOLM MACDONALD, M.P.

C•

AC.

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