Show BRITISH GOVERNMENT MAKES FORMAL REPLY London June Juf 10 The British govern government gove ment merit has replied to the th American mom mem memorandum me submitted by Ambassador Amb r Reid orum regarding Americas participation in th tl the tripartite loan for fo the th financing of the Chuen huen railroad In China Chian Chi It Itta I ItIs ta Is I understood that in this communication the government takes the position ut the arrangements concluded In 1501 were made md separately between America and China and nd Great Gt Britain and an China China and ad that American financiers have e had hd an anual I eual ual opportunity With lh British to obtain oain a share hr of this loon loan In For Fo some lome years vl It I I has hu been n o generally assumed alme that Amer Arner America ica i not having shown any an interest In the th undertaking was as not disposed to participate prU I la In I the e loan lo |