Any further communication should be addressed to-
THE ASSISTANT SECRETARY, at the address given opposite.
The following letter and number should be quoted:
c. 12880.
Telegraphic Address:
COLASTA, LONDON,
lephone No.: 3840 Victoria.
| 20662 157
İREC
BOARD OF TRADE,
REG 2 MAY 16
(COMMERCIAL DEPARTMENT,
GWYDYR HOUSE,
WHITEHALL,
LONDON, S.W.
1st
May, 1916.
:
sir,
58139 Gen!
15
With further reference to your letter (No.58139/15) of
the 16th February last, I am directed by the Board of Trade to state that the question of the credit facilities extended
to German firms in Hong Kong by the "London Acceptance" system
of the discount banks, was brought before the Advisory Committee
on Commercial Intelligence at the meeting held on the 11th April.
In accordance with the Committee's recommendations, the Board are calling the attention of the London accepting and financing houses concerned to the matter, and are inviting an expression of their views as to the policy to be pursued in future, particularly as regards the enforcement of a strict observance of the terms of the letters of lien.
The Under Secretary of State,
Colonial Office.
I have the honour to be,
Sir,
Your obedient Servant,
H. Juntini