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

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