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Hen Tork, Hay 3rd, 1916.
Confidential
är, ląda Gardner,
Agent, Hongkong à Shanghai Banking Vorporation,
Dear Siri
36 Fall Street, 'dity.
The Texas Company informed me yesterday that you communicated
to thea, by the wish of your Hongkong Office (who asked you to interview
the Company) the following cable, received by you on the lat instant,vis:
"It is absolutely necessary that Texas Company make direct arrangements with Reiss Company for handling of cargo Ex "fanored",
Hongkong Bank cannot accept responsibility of dealing with shipment unless it is in the hands of Reiss Company.
Hongkong Government refuses port and cable facilities any agency in which Sanders Rehders are concerned.
(They) consent Reiss direct agreement Texas Company and Reiss paying Sanders Rehders return commission.
Reiss Sanders agreement positively cansea 30th June.
Interview Texas, matter urgent as shipment due this month
You will have realized at once, upon receipt of this cable,
that the statement of your Hongkong friends
"that they cannot undertake responsibility of dealing with shipment unless it is in the hands of Reiss & Co."
is very unpleasant news indeed, knowing as you do, and sa evidenced
by the recent correspondence between us, the infinite trouble I took to
osuse the Guaranty Trust Company to abandon its justified request to fi-
nanoe the "Fanered" through the International Banking Corporation, in order to stand by your Bank and to safeguard British interests in general, You will remember that I stipulated from the first that the Hongkong part