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ATTIC Di BomTallino a TLOIBOT, Di* em Pingroft ;tent t Tɔt (ammelttið al970 worema tifzta Jasmorevɔð ald ‚yttletime; at Lond jode Ana Band qilayoł mi me I modw of (yanquɔ0 maxal edt „almitoring ku
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Messrs. L.Reiss Broa. & 00.,London
Mesara, Reiss & Co.Hongkong.
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7
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767 June 1st, 1916.
Mr. Holyoak cabled both to the Texas Company and me that an agreement jointly with my firm was satisfactory to him;
(3) because I am naturally aware that, even in face of these glaring breaches of yours, a settlement out-of-court will as always save no end of worries and unpleasantness to all concerned; and last, but not least,
(4) because it must obviously be our endeavor to do all we can to prevent the Texas Company from opening up their own offices (as they are doing in Shanghai) and to thus prevent the last link being broken wilfully as you are about to break it - which connects this business with British interests, a business which has been in British hands for quite six yeara,
I must, however, repeat here what I cabled to my partner, viz: that counsel and I, in face of these happenings and considering the times we are living in (from which you apparently tried to benefit in this deplorable manner), cannot consent to any settlement which does not in- olude a cash payment by you, as an earnest so to speak; and I am quite sure that every man of sense will agree with this advice of counsel.
Please communicate this letter to your Hongkong partner, 88 it save me doing so. As it is, I am, for reasons stated under (2), following only reluctantly counsel's advice and my duty to add the firm your Hongkong partner 18 managing, Messra, Reiaa & Co., to the address of this letter.
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22 mil 2) STAR.
Yours faithfully,
signed: H. SAnders
Managing Director Sanders, Rehdera & Co.,Ltd. London, E.Ç.