538
despatch No.163 of May 3, 1907, I instricte Nr.Mansfield
to endeavour to pet the members of the Commercial Board
to take the initiative az suggested, though at the time
I had grave doubts as to the suocess of such a mov.. I
heard nothing further on the matter till I recolted your
despatch under reply, and under these circumstances I felt
that Hr.Pox would be better qualified to offer the donirod
observations than I should.
It will be observed that Mr.Fox diseonte in toto from
Mr.Mesefield's propstal, which, he says, though theoreti-
cally excellent, fairly bristles with difficulties from
& practical point of view. He then proceeds to explain in
dodall his reasons for regarding Fr.Fansfield's proposals
az impracticable and without traversing all the pointe dis+
cussed, I beg to state that I as in complete agreement with
Ms. Fox both in hic argumente and in his conclusion that,
undar prezent conditions, no reciprocal arrangement in
bankruptcy proceedings between the Fongkong and fanton
Governnente tu desirable or even possible. If miscarriages
euch as Sir P.Piggott
of justice may occasionally occur,
complains of
Page 540Page 541