PARAPHRASE TELEGRAM from the Governor of Hong Kong to the

Secretary of State for the Colonies.

Dated 27th Juby,

(Received Colonial Office 12.15 p.m. 27th July, 1925.)

Priority.

Very secret and immediate.

The collapse of the strike is taking place. There is

however an imminent danger of worse. Unless immediate steps

are taken to reopen trade with Canton geheral bankruptcy

may be involved. Informal negotiations have been going on

between bertain leading Hongkong Chinese the party in Canton

(anti Bolshevik) which controls considerable majority of

troops. The negotiations have now reached a point where that

party considers itself in a position to suppress the Reds and

to reopen normal relations with the Colony. It is a matter

of£.s.d. In my opinion if a grave disaster is to be averted

it is essential that I should have authority to expend up to one million dollars of Hongkong money on the project.

I think I could do with considerably less. In the event

of failure the loss would not be great as a large part of the payment would in any event be conditional upon prior

restoration of normal conditions. Absolute secrecy would be

preserved and the Cantonese parties concerned would be under

the impression that the Chinese merchants of the Colony were

putting up the funds. So far as this Government's accounts

are concerned the payment could be concealed as loss on the

guarantee to the Native Banks. The sole object of providing the money is to put the forces on the side of law and order

in a position to eject the communists from Canton. There is

no question of subsidizing an outside party to attack

Canton.

The success of the project would repay the Colony

a thousand fold.

Failure would only entail a mall loss.

Intervention

A

654

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