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that the major portion of the capital is owned byʊ

Andjews and George.

Having regard to the above facts and to the new

@gulations that we understand are about to come into

force in connection with trading with Germans resi-

dent in China, we shall be glad to know whether in

the first place we are correct, in continuing to do

business with the above mentioned concern, and in the

second place whether it is likely that Von Fischerz

will be debarred from taking an active part in the

business and whether his capital will be compulsorily

withdrawn from the

business.

We think it would be proper to mention that the

concern has been quite recently recognised in Shang-

hai as a British concern because it has actually been

fined for having since the commencement of the war at-

tempted to obtain fulfilment of certain contracts with

firms in Germany entered into, we believe, before

War was declared.

We would not tramble you in the above matter but

that

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