1
E.R. COPY 30978/10.
(15086)
7 i 409 37727
REC
REG 10
16
Foreign Office,
Foreign Trade Department,
Lancaster House,
St. James'
S.W.
30th March, 1916.
sir,
In reply to your letter dated the
16th instant, regarding registered companies in
Hong Kong and China which have a preponderant
enemy interest, I am directed by Secretary Sir
E. Grey to state that he concurs in Me. Secretary
Bonar Law's proposal that these companies should
either be compelled to wind up altogether and to
distribute their assets, or that they should be
allowed to reconstruct on condition of their
buying out the interests of British shareholders
for cash at a rate of payment to be approved by His
Majesty's Consul-General at Shanghai.
I am,
sir,
Your most obedient,
humble Servant,
(Signea) L. Worthington E-nus.
The Under Secretary of State,
COLONIAL OFFICE.
CONTROLLER.