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for the purpose of giving credit facilities to native
merchants to finance imports, upon terms at which
Britishers would not look at business, for booking actual
contracts at cost or if need be a trifle below cost, and
ensuring the German importing houses an indirect Government
return in the form of special allowances which would recoup
them in trade margine. The German Government's instruction:
in connection with this Finance Trust were with the end in
view of beating out British merchants at all costs, so as
to bring the German merchants prominently forward in the
eyes of the Chinese, and to prove to them that they were
better able to cater for trade then their British
competitors even in their own colony.
These facts have come to light in connection with the
liquidation of Jebsen and Company in which valuable papers
were discovered detailing the existence of this Trust.
This firm is the same as Diederichsen, Jebsen and Commany,
here; they are principally concerned with the sale of
arms and ammunition and "Chinese Government contract work"
but