. American engineer and railroad journal . insk on the Trans-Siberian Railway. This linefollows, more or less, the present caravan route, over which,each year, hundreds of thousands of camels transport tea toSiberia and retm-n with wool, camels hair and furs. Thetraffic over this line would be important, and unless a checkis put upon Russian influence there will be another Russo-Chinese combination railway company. The Peking-Hankow-Canton Railway will be the great trunkline of China. Nearly every syndicate that has been repre-sented in China during the last fifteen years has made an effortto
. American engineer and railroad journal . insk on the Trans-Siberian Railway. This linefollows, more or less, the present caravan route, over which,each year, hundreds of thousands of camels transport tea toSiberia and retm-n with wool, camels hair and furs. Thetraffic over this line would be important, and unless a checkis put upon Russian influence there will be another Russo-Chinese combination railway company. The Peking-Hankow-Canton Railway will be the great trunkline of China. Nearly every syndicate that has been repre-sented in China during the last fifteen years has made an effortto secure this line. A New York syndicate had a representa-tive here for over two years working for the north half ofthis railway, Peking to Hankow. No agreement was possiblebetween the Chinese and the syndicate and the representativewas withdrawn. The methods of negotiation used, while pos-sibly correct in the United States, were not at all so whendealing with the Chinese in China, and until Americans make 146 AMERICAN ENGINEER, CAR-BUILDER. PROPOSED RAILWAYSEXISTING COALCOAL AND IRON ANDREI KMl-TAPEKINGJAN 31st 1896 The Railways of China, the necessary modifications in their methods and appreciatethe fact that they are soliciting a favor, not conferring one,none of the large industrial enterprises in China will be givento American syndicates. Last summer a contract was signed between the Chineseand a so-called Belgian syndicate by the terms of which thesyndicate agreed to furnish £4,500,000 for the construction ofthe Peking-Hankow Railway. The contract gave the syndicatebut a small rate of interest, per cent., and no perceptiblesecurity for their money. The first payment to the Chineseof £1,012,500 was due January 3d, 1898. No payment wasmade at that time or since. The Belgian Minister says there Existing and Prospective. is only a temporary delay. The Chinese authorities say thatthe contract is null and void. Who knows? The Hankow-Canton line has as yet been secured by no
Size: 1464px × 1706px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1800, bookdecade1890, booksubjectrailroadengineering
