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# To telo!
In 3890/1915.
вору
Colonial Lecutary' office,
Stk. 8th Jebruary,"
529
railor da Täherkenbrni yimunirdo et VĂ ANG
la metažāngợp riðże w of 31 to Alfast esik noquetico ore 30- mkring mild dan snoberedt IIb ponelloori mili yoking Li on að vorabnoqeorro edê da££ng of "#002 So gardenpai ed. Jatiuenos od klupe zadat við alo lie nogu azzal be
な
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Taavion Julbo do zwoł
Sir,
i am directed to acknowled the receipt of your
latter of the Bth Jamery, relating to the question of the
future of British and German trade in hon kong and China after
the war.
2.
It would not be easy to overestimate either the
importance or the difficulty of this question, and the Govern-
note with satisfaction that attempts are being made to
grapple with the problem. The possession of a preponderating;
share in the China trade, with its vast future possibilities,
would undoubtedly have a very great effect on the recuperative powers of any of the belligerent nations that might succeed in
securing
3.
mile desiring to guard the selves against ex- -pressing & this stamm either ansent to or dissant from cartain general stekeents in the letter of the Committee of the Chamber, the Govermet wish to say that they are in sympathy with much cantsined in hat letter. The policy indicated, of supporting British trade hile allowing all fair snu reasonable facilities to other astioi so long as they do not, by unsound trading or otherwise, sus the hospitality offered to them, is one which mist command muppert, but it will not be overlooked how
difficult
Becretary,
Hongkong General Chair of Commerce.