The International Development of ChinaSun, Yat-sen
History
The International Development of China
Sun, Yat-sen
China -- Economic conditions -- 1912-1949; Railroads -- China
It is further clearly understood that the cost of land purchased for
the Railway, the salaries of the Managing Director, Chief Accountants,
Chief Engineer, and the cost of their offices and staff shall not be
included in the meaning of the terms "construction and equipment."
The Contractors shall have the option of constructing on the same terms
the proposed extension of the Railway to Lanchow in the Province of
Kansu, or a Railway of similar mileage in some other part of China to
be mutually agreed upon, and this option shall be for seven years from
the commencement of construction.
All other arrangements in connection with the construction and
equipment of the Railway shall be settled in the Detailed Agreement
referred to in Article 17.
ARTICLE X
All land that may be required along the whole course of the Railway
within survey limits, and for the necessary sidings, stations,
repairing shops and car sheds, to be provided for in accordance with
the detailed plans, shall be acquired by the Corporation at the actual
cost of the land, and shall be paid for out of the proceeds of the
Loan.
ARTICLE XI
The Contractors shall hand over to the Corporation each section of
the Railway, when completed, for operation in accordance with the
provisions of the Detailed Agreement.
ARTICLE XII
The Contractors shall be appointed Trustees for the Bondholders and
shall receive such remuneration as may be fixed in the Detailed
Agreement.
ARTICLE XIII
The Government of the Republic of China, whenever necessary, will
provide protection for the Railway while under construction or when in
operation, and all the properties of the Railway as well as Chinese and
foreigners employed thereon, are to enjoy protection from the local
Officials.
The Railway may maintain a force of Chinese Police with Chinese
officers, their wages and maintenance to be wholly defrayed as part
of the cost of the construction and maintenance of the Railway. In
the event of the Railway requiring further protection by the military
forces of the Government, the same shall be duly applied for by the
Head Office and promptly afforded, it being understood that such
military forces shall be maintained at the expense of the Government.
ARTICLE XIV
All materials of any kind that are required for the construction and
working of the Railway, whether imported from abroad or from the
Provinces to the scene of work, shall be exempted from Likin or other
duties so long as such exemption remains in force in respect of other
Chinese Railways. The Bonds of the Loan, together with their coupons
and the income of the Railway shall be free from imposts of any kind by
the Government of the Republic of China.
ARTICLE XV
With a view to encouraging Chinese industries, Chinese materials are to
be preferred, provided price and quality are suitable.
At equal rates and qualities, goods of British manufacture shall be
given preference over other goods of foreign origin.
ARTICLE XVI
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account