The Under Beoretary of State.

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508

5/6/1915

:

interference with our plans to work this most important

business, valuable alike to us and the London Banks, would be

most harmful

unthinkable.

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indeed, as we ventured to describe it, almost

As to Mr.Cheetham, you will note from the enclosed copy of our letter to H. E. the Governor dated the 26th February (as referred to in the above mentioned cable), that it was on

His Excellency's suggestion that we appointed Mr.Cheetham and, after having done so and on the strength of that appoint - ment, that we ordered forward a cargo, the value of which is quite £ 50,000.

It is against this cargo that the London branch of the Hongkong & Shanghai Banking Corporation has since advanced us the 2 34,000, referred to in our above cable.

We have also telegraphed to the Texas Company asking them to cable to the Liquidators of Messrs. Reuter Brockelmann

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the Texas Company

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& Co. that they

had formally notified the Hongkong partner of that firm that the old Agreement was

superseded by the new one between Sanders Rehders & Co.Ltd. and the Texas Company and that they had that partner's confirma- tion.

We are, Sir,

Your obedient servants, For Sanders, Rehders & Co., Ltd.,

Enclosed: 1 copy of letter

Elan

Director.

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