Res
*
..
1
:
4781.
400
and under a prudent realisation and sale it is difficult to understand why any loss should be incurred by the English Creditors.
On the 31st August 1914 the firm wrote saying that: - remittances were not allowed; requested that urafts should be drawn on them through the Hong Kong & Shanghai Bank monthly. C
and stated that their business was mot affected and that they were being honoured with orders from Lady May, the wife of the Governor. The Colonial Secretary, the Admiralty Chart Officer besides Naval & Kilitary Officers,
They stated that the firm's power of procuration had been accorded tp Mr. AL. Penning, an Englishman.
On the 26th September 1914. the firm wrote sending copies of letters which had passed between the Government of Hong Kong and the firms which are appended. It will be observed that they ste te that special permission was granted for the firm to continue business relations with English firms and that a credit in favour of letter would be opened at the Hong Kong & Shanghai Banking Cor. in London.
As a result of these intimations, official end privete, additional goods were shipped and further credit given to Messrs Gaupp & Co since the outbreak of W2.
In November 1914. Hessrs Happin & Webb's representative had an interview with Mr. Harries at the Colonial Office who