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The Texas Company's letter to you of the 21st, written after
I had arranged your appointment, also shows you that I have taken
care of your desire (in Hongkong) not to be our subagents, though
it was clearly arranged with your parent house in September that
you should be merely substituted for Cheetham, subject to the
Texaco's permission. The Texas Company now confirms to you:
"that we (the Texaso) would look to you as the people
on the spot to carry out our (their) instructions, sent
you direct from New York, for the mutual benefit of all
concerned"
From this it follows that you must, for your own protection,
become a party to our contrast with the Texaco and, knowing your
desire to be in as direct a contact with the people over here as
possible, I told them of course that I thought you would be pleas
ed toenter into such a contract. Previous to this I had told them
that you had mentioned to my Company in London your desire for a
contract for a minimum of three years, which demand was immediately
refused, as I expected. (vide also page 2 of correspondence with
the Colonial Office). Hence, the Texas Company writes you in
the same letter that, if they had not misunderstood me, it would
give them great pleasure to have drawn up a new agency agreement,
to which your esteemed firm would be a party jointly with
Sanders, Rendars & Co., Ltd.
They add that, as you were no doubt acquainted with their
regular form of contract, a copy of which was in Mr. Cheetham's
possession, it would not be necessary te to go into details re-
gerding it. This makes it unnecessary also for me to have the
long contract copied out; having regard to the fact moreover
that your London firm, who have of course access to the London
original, will see to the signing of this contract, to simplify
and expedite matters all round.
This Contract, as between the Texas Company, yourselves and my London Company, is of course quite distinct from the A- greement as between your parent house and my Company, which has