21
OTCAG. Conf
Curs
To Foncign. 0 (u/c 18920)
To so of T. (w/ ( 20921) - 101.6-)
22 To B
DEAMROYED LUBER FO
sec hr 21
Noted in Precelery Book (c)
24. F.O.
Reminder.
See 21
리
Par by
Jared a
19 DEC 1928
| 20 DEC 1928
20/12/25
10.12.28
31.12.28
Fwds. craft h. to 11.5. Embassy.
are (wo
alterations
There is ase siseen tie I wish to
21
suggest in this draft reply. At the end of the
last sentence but one it refers to the Hong Kong Government's "decision to confine grants in future to
British insured concerns". Our information as to
This
the insurance is contained in paragraph 3 of
Hong Kong despatch of the 3rd of July (No.7). is somewhat ambiguous. It does not say definitely that the decision applied only to future, grants of I am not sure whether they have been any further grand loans I rather understood it to mean simply that
in the case of existing loans no transference from
British to American insurance would be authorised.
In view of the ambiguity I think we should suggest
to the Foreign Office that they should substitute
for the words bracket ed in pencil the following,
"that for the future they would only recognise, for the purposes of grants,insurance with British
Companies".
?