CO129-439 - Others - 1916 — Page 162

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

And Jebsen of Hamburg paid the Bank the amount due on 2 days after maturity;

Jebsen & Hougang ordered the food for Jebsen's Bank.

Their Bank secured guarantee because they regarded them as agents.

Jebsen's of Hamburg.

As the money paid to the D.G. now will so ultimately go to The Bank of England, one would like to see the payment made, but the proposed guarantee by the D.G. seems to me valueless, since we could hardly expect the Head Office of the D.G. to abide by it, after the war, as the London branch will probably have no assets which we could retain to meet our possible liability, even if such course were desirable.

If there is any guarantee given, I think it should be by the Bank of England.

Reply to the Controller of the D.G. saying that we propose to avail ourselves of the despatch before dealing with this Sufficiency, but that meanwhile we must point out to them that the proposed Guarantee appears to us valueless since the Head Office Bank would repudiate it after the war.

Page 157

16.5.16

10.5.16

66. Wous.

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And Jebsen of Hamburg paid the Bank the amount due on 2 days after maturity; Jebsen & Hougang ordered the food for Jebsen's Bank. Their Bank secured guarantee because they regarded them as agents. Jebsen's of Hamburg. As the money paid to the D.G. now will so ultimately go to The Bank of England, one would like to see the payment made, but the proposed guarantee by the D.G. seems to me valueless, since we could hardly expect the Head Office of the D.G. to abide by it, after the war, as the London branch will probably have no assets which we could retain to meet our possible liability, even if such course were desirable. If there is any guarantee given, I think it should be by the Bank of England. Reply to the Controller of the D.G. saying that we propose to avail ourselves of the despatch before dealing with this Sufficiency, but that meanwhile we must point out to them that the proposed Guarantee appears to us valueless since the Head Office Bank would repudiate it after the war. Page 157 16.5.16 10.5.16 66. Wous. Mo

Baseline (Original)

And Jebsen of: Hamburg paid the Bank the amorent The oft 2 dap hepark maturity; Jebsen Ho Hougang ordered the food Jather Bank Their The Bank secured guarantur because they regarded them as agenes y A Jelsens of Hantry. As are money paid to to D.G. now will so ultimatel To The Bank of England, one would the To see the payment made, but the proposed fuarcaté by the D.G. seems to me Valueless, suice are could hardly expect the Head office of the DG. abide by it, after to war, a the London brauch will probabil have no anet which we could retain to meet Mr possible the 10.5-16 atorus 157 liability, even if such conise were desirable. Bobe If there is avy guarantee fiven I think it should be bey th Bank of hestand. 1 16.5.16 Reply to the Contiellen of the D.G. Paring that we propose Vo avail the for's despart betere dealing with this Saffestin but that meanwhile be must point and to them that the proposed Gnaranti Land Suffis appear Since the Headestin Bank would Thi parats repudiali, it after the war & Suppers a frantio OR Jugt. 66. Wous. Mo

2026-06-13 13:05:02 · Baseline

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And Jebsen of: Hamburg paid the Bank the amorent The oft 2 dap hepark

maturity;

Jebsen Ho Hougang

ordered the food

Jather Bank

Their

The Bank secured guarantur because they

regarded them as

agenes y

Jelsens of Hantry.

As are money paid to to D.G. now will so ultimatel

To The Bank

of England, one would the To see the payment made, but the proposed fuarcaté by the D.G. seems to me Valueless, suice are could hardly expect the Head office of the DG. abide by it, after to war, a the London brauch will probabil have no anet which we could

retain to meet Mr possible

the

10.5-16

atorus

157

liability, even if such

conise were desirable.

Bobe

If there is avy guarantee fiven I think it should be bey th Bank of hestand.

16.5.16

Reply to the Contiellen of the D.G. Paring that we propose Vo avail the for's despart betere dealing with this Saffestin but that meanwhile

be must point and to them that the proposed Gnaranti

Land Suffis

appear Since the Headestin Bank would

Thi

parats repudiali, it after the war

& Suppers a frantio

OR Jugt.

66. Wous.

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