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BRITISH-ALICAN TOBACCO COMPANY (CHINA) LIMITED.
Head Office Shanghai.
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Hong Kong, January 8tn, 1927.
The Hon. Mr. E.K. Hallifax, C.1.G., C.B.E.,
hous hong.
Dear E. Hallifax,
with reference to your phone' call
of the 29th December regarding the rumour of a $5,000,000 Loan to the Peking Government by the B.A.T.Co., I am enclosing herewith a letter received to-day from the General Manager of our na Company in which you will note he states that there is no truth in the rumour, and if you
think it advisible you may show this letter to Sir
Cecil Clementi.
Thanking you to retum tue enclosed
letter after pa usal,
I remain,
Yours sincerely,
(Sä). a. P. Bungey.