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I confess that I have serious doubts whether

the view expressed in the first paragraph of this telegram is right, but I have met it in various quarters.

I assume that these Germans have a commercial domicile in Shanghai. We have been carefully explaining to everyone (see the back papers) that it is permissible for British subjects to trade with such persons, because they are "resident or carrying on business" in a neutral country viz., Chira. We must therefore take it that commercial domicile is not "modified by extraterritoriality"

so far as trading is concerned. Is it so modified in connection with the right to sue in a British Court? I cannot see why it should be; the British

Consular Court has to apply the principles of

nglish law; according to English law an enemy subject resident in a neutral country can sue in an

English Court. Therefore to justify Sir E.Fraser's

statement it is necessary to say that a German

resident at Shanghai is not resident in a neutral

country, and this seems to involve the proposition

that a German resident in Shanghai is, because of his

ex-territorial rights, really resident in German

territory. I cannot believe that this is right.

It might be possible to argue in support of the

proposition if the German were resident, e.g. at

Hankow, where I believe the Germans regard their

concession as German territory, but this does not

apply at Shanghai.

It seems to me that if Sir E.Fraser's view is

accepted it knocks a large hole in the permission to

trade

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