Full text: Correspondence respecting Chinese loan negotiations

TABLE OF CONTENTS. 
No. | Name. Date. SUBJECT. 
19 | To the Eastern Bank, May 25, 1912 Refers to No. 18. Cannot urge the Hong 
s «Messrs: dion HL Kong and Shanghai Bank to share the 
Schroder and Co., issue of the reorganisation loan with other 
Messrs. E. D. Sas- banks, or to give the Belgian group a 
soon and, Co, percentage of their share of the loan. 
Messrs. Brown The Banque de IIndo-Chine and the 
Shipley, and Co. Deutsch-Asiatische Bank are the sole 
issuing banks for the loan in Paris and 
Berlin ay os 1 
1 The Eastern Bank, 50 They question the accuracy of the state- 
Messrs. J. H. ment in No. 19 as to the Banque de 
Schroder and Co, I'Indo-Chine and the Deutsch-Asiatische 
Messrs. Brown, Bank being the sole French and German 
Shipley. and Co.. issuing banks, and consider that the 
Messrs. E. D. Sas- Hong Kong and Shanghai Bank should 
soon and Co. be induced to co-issue with them ia 2 
- To the Eastern Bank, June 21, Refers to No. 20. Points out that, broadly 
Messrs. J. H. speaking, the position of the Banque de 
Schroder and Co., I'Indo-Chine and the Deutsch-Asiatische 
Messrs. Brown, Bank does not differ from that of the 
Shipley, and Co., Hong Kong and Shanghai Bank ao 2 
Messrs E. D. Sas- 
soon aud Co. 
22 To Sir J. Jordan . : Aug. 23, Informs him of Mr. C. B. Crisps visit to the 
Foreign Office to state that he is nego- 
tiating a loan of 10,000,000/. with the 
Chinese Government on behalf of a 
syndicate. The policy of His Majesty's 
Government has heen explained to 
Mr. Crisp .. a 7 13 
23 - Telegraphic| 23, Gives substance of No. 22 + eo 18 
24 Telegraphic 30, The Chinese Engineering and Mining Com- 
pany are negotiating a loan of 10,000,0007. 
with the Chinese Government They are 
being informed in the same sense as 
Mr. Crisp” i: . ih ) 
25 Sir J. Jordan Telegraphic| Sept. 3, The Chinese have made fresh overtures to 
the six groups for a loan of 20,000,000. 
Considers they are more likely to grant 
proper conditions to the six groups than 
to any individual group oe oe 
26 Chinese Minister .. States he has signed an agreement with 
Messrs. C. B. Crisp and Co. for a loan of 
10.000,0000. .. 
27 Sir J. Jordan «+ Telegraphic Refers to Nos. 28 and 25. The Minister of 
Finance has learnt that a loan for 
10,000,000. was concluded by the late 
Minister of Finance without his know- 
ledge. He has telegraphed to the Chinese 
Minister in London not to sign the agree- 
ment iv : 
28 To Sir J. Jordan .. Telegraphic [s considering views expressed in No. 25. 
It is necessary that the groups should 
agree on the conditions on which they 
will accept the new Chinese proposal. 
The Crisp loan has been concluded. The 
Chinese Engineering and Mining Company 
have postponed conclusion of a similar 
loan pending the approval of His Ma- 
jesty’s Government .- oi 
= .« |Telegraphic Refers to No. 27. Is endeavouring to stop 
the execution of the Crisp agreement. 
In the case of failure it will be necessary 
to deal direct with the Chinese Govern- 
ment ee “a “a i 5 
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