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In addition, there are cases of German possessing lazd,

Talldings, furniture and investments but without debts when the Goverment see no reason for liquidating.

119

The Committee desire to point out that this is mistaken kindzibas to the dermans themselves on the ground that if these Germans expect to return under easy conditions of Tiving they will find out their mistake. They have been expelled from all the Clubs and trade organizations and British public opinion is so strongly against them that any attempt at rehabitilation will be strenuously appoand.

Individuals sat-

urally do not fish to be obliged to do this and this Chamber believes the best policy would be to turn all German Essets into ready money or investments in British Government stock so as to

and comple provide a single method of uniform settlement when the time

A

OONGS.

Another point in the method of liquidation of the stronger (erman' fime is that of "ortuguese and particularly Chinese employees who are being subsidised in the form of wager to remain in the employ of the liquidated fims either marking time or helping only halfheartedly in the liquidation, Many of these men would be gladly taken on by the British Firma who are trying to cope with the trade formerly done by German houses but until the Chinese mind can be thoroughly disabused of the indes that the Goverment is in favour of helping the German firma to

again where they left off it is impossible to expect British

t

s to increase their business. Chinese ospital is being with-

from trade to the loss of the Colony and the only way to

p this is to instrust the liquidators to discharge such of the loyees, brokers, and other intermediaries as are not actually jessary and to fix their remuneration accordingly and that

se circumstances should German capital be used to subsidise

until en so that; they can afford to wait/ the Germans are disint-

132/

The question of the advisability of the retention of jørned German prisoners in Hanghon) hir

hinges also on thá

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