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Enclosure 10.5*
by DEXTS
264
Hongkong 1st October, 1925.
1
serpo' på oer, DOUEGY
We have the honour to enclose in original a
letter which we have received from the Chairman of
the Chinese General Chamber of Commerce embodying
two resolutions passed by their General Committee
in regard to the Trade Loan of £3,000,000 to be
made by the Imperial Government.
Ve venture to join in the expression of
gratitude to the Secretary of State for the Colonies
and to His Excellency the Governor and the various
officials who participated in the deliberations,
for their practical sympathy and the readiness and despatch with which they have handled the matter.
The announcement that the loan had been approved
has already been sufficient to have a quietening
effect on the money market, and it is no exaggeration
to say that it has saved the Colony from economic
ruin. This great gesture from His Majesty's Government has completely dissipated any dissatis- faction and bewilderment which the public might have
at times manifested on account of the apparent
inaction of the Home Government in regard to the
situation in Kwongtung and Hongkong.
We have the honour to be,
Sir,
Your obedient servants,
(sd) CHOW SHOU SON
(sd) R.H.KOTEWALL.
..
Honourable
Sir Claud Severn, K.B.E., C.M.G., LL.D.,
Colonial Secretary.