Incloauns
Knclosure 2
253
neutral interests involved, apart from any other
considerations.
(ii). It was considered that practically in no
local case could it be certain that such current
business involved no transaction with enemy terri-
tory, because the German firms are all financed from
Europe.
(d). No money must be remitted to enemy territory during the
3.
war.
The general application of your instructions, with the assistance of the above principles, appears from the two letters copies of which are annexed. That of the 28th August refers to transactions already embarked upon, in which persons in enemy territory are interested, and that of the 29th August to new business to be entered upon by enemy subjects allowed to remain in the Colony. The letter of the 28th August is only a model and the permission referred to has been given in other cases as well as to the firms specified therein. I may mention that the reservation of the right of capture at sea had, before the arrival of your telegram, been inserted in the draft letter which had been prepared in anticipation of your approval of my
proposals.
4.
Enquiries are constantly being received with regard to particular transactions and these are dealt with as they arise in accordance with your instructions and the above
principles.
5.
sideration;-
The following general points are now under con-
(a). The execution of export contracts already entered into by firms which have partners in enemy territory.
(b). Certain cases where it is possible that some such
firms have been carrying on business under the names
of British employees.