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The Under Secretary of State, Colonial Office -6- 9/12/15
594 Nevertheless, as the name 'Sanders Rehders & Co. was then
beginning to make itself known, and so much importance at-
taches in business to continuity of name, it was decided to
make no alteration in the style of the firm. The same argu-
ment had increased foroe when the business was converted into
a private limited Company.
About 27% of the Company's Capital is held by enemy
aliens who, however, have never received any dividend on
their holdings.
Before the war, a great portion of our export business
was done through German houses in China. This was stopped,
of course, by the war and brought completely to an end at the
date specified in H.M. Proclamation of 24th June last, by
which time we had succeeded in shipping almost all our pre-war
contracts, thus relieving British manufacturers of a burden of
not less than £70,000. In the meantime, besides increasing
our business with our old British connections, we have, thanks
largely to the whole hearted support which the Commercial
Intelligence Branch of the Board of Trade has given to our
own unremitting efforts, secured fresh openings, either British
or Neutral, in almost every part of the world, and we are now
gradually building up a new business in the export, through
new outlets, of British manufactures, which by this means are
reaching some markets whence they had been ousted by our enemies.
One department of our business which is concerned in the