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suggested that they should get into communication with the Colonial Secretary in Hong Kong. The following cable was accordingly sent on November 14th 1914: -
"Hear German Firms being compulsorily closed down
does this apply Gaupp & Co. Do you recommend our sending out representative on behalf of English Creditors".
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On November 24th 1914 the following reply was received: "Do not make any arrangements wait until you hear from us
with reference to agency".
On the 27th November 1914 Messrs Lowe, Bingham & Matthews wrote confirming the above cable.
The following paragraph appears in their letter (received January 6th 1915)
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"We have received permission of the resident partner who is a prisoner of war in camp at this port, also
from the Hong Kong & Shanghai Banking Corporation who
have financed the firm, to sell the business as a going
concern. We are advertising to this effect and anticipate
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that we shall be successful in disposing of the business
in which case it appears that all creditors will be paid in full”
On the 30th November Mappin & Webb wrote the Colonial Secretary at Hong Kong confirming their cablegram and sent a copy
: