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Colonial Secretary's office,

Hongkong 28th August 1914 409

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Gentlemen,

I am directed to inform you that the firms whose names appear at the foot hereof will be allowed to carry on business for the purpose of disposing of their stocks now in the Colony, and of goods due to arrive if shipped before the out-break of war. This permission will be subject to the following conditions:-

(a) All goods now in the Colony to be placed in possession of

the Hongkong & Shanghai Banking Corporation, the Chartered Bank of India, Australia & China, or the Fercantile Bank of India Ltd. (b) All goods due to arrive to be placed on arrival in possession

of one of the above Banks.

(0)

No goode to be delivered by the banks except for cash; The firms concerned to undertake to pay into one of the above banks to a special account all moneys received by them in respect of goods already delivered or on any other account; the banks to undertake to retain all such monies and also all moneys received by them in respect of deliveries of goods, except so far as such moneys may be necessary for the purpose of discharging the firms liabilities to the banks in question, and not to pay out any of the moneys above referred to to any one without the authority of the Government,

(d) The banks to be deemed to have the authority of the Government to allow the said firms money to meet current expenses and to enable

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