Affairs, with reference fo the heavy arrears outstanding on Chinese rail-tway loans, whether, he will Tepresentations tobe made to. the Government of China' that they would without delay summon a medal "conference of repress: Lives of the various groups of bond. holders to discuss an} decide on a the liquidation of lar instalments? jetatement of the arrears on the 'Tientsin-Pukow Railway loan of 1908 and, supplementary loans of 1010 in the Official Report. T have, however, no information as to' what proportion of these loans is at pres-fent held by British subjects. The last payment made was in Te Jul the balance of coupon No. 83 of the German issue of the 1908 loan (ne October 1, 1924) amounting to £25,125; payment was made on January 13, 1833. As regards the lart part of the question, represen-[ations have been addressed by His Majesty's Minister to the Chinese Government drawing their attention to the imperative necessity for the resumption by the railway adminis tration of payments into the special eserve account which have been discontinued since February last.
Tight hon consider that would be useful at the present mo-for the adoption of he however, be borne tu appear opportune to ido so in the future, Meanwhile the opportunity' has been taken of the presence of the Chinese Minister of [Finance in this country to impress japan him the seriousness of the situation.
Mr. Moreing asked the Secretary lof State for Foreign Affairs whether haus been able to obtain from the [Government of China an assurance that the railway revenues allocated for the service of railway loans shall not in future be diverted #0 other Purposes?
he Eden: Aa regards the Peking Mukden Railway, the: Chinese Gov-Jernment have given an, that there will no future Te tion of the allotment of funds of the railway to supplement military requirements. In the ease of other failwasy no specific Instances version of funds have been brought to the notice "of my ight hon. Friend. "itis Majesty's Minister has, however, made' continual represen tations io' the Chinese Government {om time 0. tine as defaults. o¢- curred, and will exe no suitable opportunity of impressing on the Chiese Government the importance of maintaining their obligations. to The Amount Owin On July 26 Mr. Moreing asked the Secretary of State for Foreign [Affairs if he will isation, respec whether he will request the Chinese Government to carr von under Article 1 wal Toan agreement to devise other means. of- paying the
"were at any time bondhokers i the railways revenues ent Mr. Eden: The arrears of_inter-lest and amortization on the Shang-i-Nanking Railway" Loan as on June 1, 1985, are as follows: interest, 208,860; amortization, £464,000. His Majesty's Minister has remind Jed the Chinese Goverament of their colizations under the rent, amd hes urged tat, payarent from railway. revenues, immediate and constructive measures should be taken to arrange for payment from other sources.
"Br. Moreing: Ts it not a fact that since January, 1990, the Chinese Government have exercised a lat measure of control over this rally ray; and that, as a consequence ineficieney and, mismanagome have been so. great that the intorests of British bondholders have been greatly prejudiced? is the statement of arrears terest on the
ipplementary Lean "of 1919. Paton oan of 400s and German leanes 1008 British 1008 German 1910 British 1010 German i B60600 TERN
The Nanking Outbreak On July 24 Sir A, Knox asked the Secretary, of State for Foreign {Affairs whether he has received port from Hix Majesty's. Minis in China regarding the still unpaid claims of Mr. W. J. Bl fages Incurred during the incident of March 24, 1927, at whi time Mr. Black was living at Pachen, Nanking, in the employ of Pukow Railway Ca.; claim was ré- Nationalist ment and assessed by the Sino-British Commission appointed. for the purpose, and as other claims jin connection with the Nanking incident have been paid, ho will state why Mr, Black's claim is still une paid?
Mr, Eden: No, Sir. The Pukow:
claim, were excluded from consid Puchén claims, including Mr. Bloc eration by the Sino-British Nanking claims Joint Commission on the ground that Pukow and Puchen were not at che time of the Nanking {incident within the administrative Javea of the Nanking Municipality. 'The personal claims were, however, later assessed separately by certain, members of the Commission. Tt has. Eherefore, been impossible to press these particular claims' under Nanking settlement. My hon. a gallant friend may, however, rest assured that appropriate action will be taken to deal further with Mr. Black's and other Pukow-Puchen claims as soon as a suitable oppor tunity offers itself.
Sir A, Knox: Is it not time that the National Government of China acknowledged the justice of - this felaim, and, as i€ is mow six years [since the man lost his property, is not time that we pressed for Payment?
Mr, Eden: They wore excluded fromthe Nanking Area. The hon, and gallant Member can be assured hat we have not ost sight of the matter, The Legation in China On July 24 Mr. Nunn of State for t, of ensuring Mr. Eden: That may be. so, but the question on the Paper is as to what action we should take to induce the Chinese Government to meet the liability to the bondholders.
Mr, Eden: Yes, Sir. My right seperti, Me ets fie bg eral ousted P. R. Indebtedness Mr. Moreing asked the Secretary Jof State for Foreign Affairs if he will state how much the Tientsin-[Pukow Railway is in arrears to British creditors for interest and rmortisation, respectively, and when Jand in respect of what period the ast coupon was paid; and whether the has any further information as to payments by the Tientsin-Pukow Railway Ca. into a monthly fund for the satisfaction of creditors? eras gabe acer pave fo ore Ain int verte cratraid enaee Seas Reve i rem raising his Majesty's Legation in (China to the status of an embassy Mae a, eager Pay reeeeetd ty 6 lena Mr, Eden:. No, Sir. right hon. will, with. my hon. Friend's permission, circulate. a teed Uy alli hat ths caus
Text read from the printed page and cleaned; old type leaves the occasional error.