i

In any further communication

on this subject, please quote

No. 42430/11.

and address—

The Under-Secretary of Stato.

Foreign Office,

mr bridge Bowme

no 37: Sept. 27.

London.

Sir:-

-228

Co

38142

REC

POBEDS DEVICE

tu.

November

?

1911.

1

I am directed by Secretary Sir E. Grey to transmit

to you herewith, to be laid before the Secretary of

State for the Colonies, copy of a despatch from Er. Açt-

ing-Judge Bourne, relative to the Registration of Joint

Stock Companies at Shanghai.

While pointing out the evils of the present unlimit-

ed speculation in Shanghai, Mr. Bourne suggests, with

special reference to the subject of forward share con-

tracts, that legislation should be introduced in the

sense of the Hongkong Ordinance No. 5 of 1891.

I am to request that Mr. Secretary Harcourt will be

so good as to inform Sir E. Grey whether the legisla-

tion of 1891 in Hongkong on the subject of forward

share contracts has worked satisfactorily and whether

he considers that it would be desirable, if feusible, to

introduce

The Under Secretary of State,

Colonial Office.

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