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Company, Limited has been reserved. If the scheme proposed by its directors is adjudged ultra virss, the new Order will be deprived of much of its value, But even though it should prove feasible to evade the provisions of the order in certain cases where the bulk of the shares are held or can be

acquired by aliens, this will not affect the stated policy

of our Authorities nor set up a precedent policy of our Authorities nor set up a precedent for declaring alien manage ment indispensable for the success of a business professedly

British.

I have the honour, etc..

(Signed.)

E.H. Fraser.

Consul-General.

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