1
!
1
so far no tangible results. Local merchants report
that trade with Swatow steadily improving but British Consul there states that intensive campaign is being -
carried out with much intimidation with the object of
eliminating the British and boycotting British vessels. Appeal to the local nationalist authorities fruitless.
153
Generally speaking the disturbed conditions of China
and absence of stable government causes such lack of
confidence that resumption of business connections and
revival of trade are unlikely. Settlement at Chinese new
year will be difficult and the outlook is gloomy.
Unnumbered telegram of the 13th.
S