39
America, enjoy most-favoured-nation treatment in the
matter of import prohibitions).
we suggested a method of
favouring British omnibuses to which neither America nor
any other country could offer objection, namely, a
differential duty against foreign cars.
In
As regards insurance the position as we understand
it is that in certain circumstances the liong song
Government makes advances to traders and attaches conditions,
one of which excludes insurance with foreign companies.
our view the Goverment is entitled to attach any conditions
it pleases when advancing money: it might require that only
British subjects be employed, only British materials uned,
only British ships, and so on. Were the United States Goverment
W
to retaliate in kind by attaching similar nationalistic"
conditions to advances to its traders or manufacturers wo
should have no ground of complaint. I carmot think that
the United States would go so far as to contemplate saze
general discrimination against British insurance companies
in America on account of this acail matter in Hong Hong.
some
Ir