229

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subend. inenci (2) in (2) 0272751/30

In the present Agreement the Article should be

dropped. The question is one to be dealt with

by His Majesty's Government with reference to

China as a whole.

In view of the present attitude of the

Chinese towards foreign-owned factories in

China, there is not the slightest chance that

they will agree to the privileges proposed for

Hong Kong manufactures under Article X. Any

such privilege by suggesting that the position of

Hong Kong approximates to that of a Treaty-port

will provide another argument for irredenti st

propaganda.

Sir C. Clementi was entirely opposed to

the deletion of Article V or to the limitation

of inland water privileges to Chinese-flag vessels.

He was not prepared to allow the Chinese Government

the exceptional privileges proposed under the

draft Agreement, involving "serious curtailment

of the freedom of the port", except in return

for some such substantial quid pro quo. He

was equally opposed to the delction of Article X.

Any whittling away at the draft would be a mistake

in tactics at this stage. "A defeatist policy

will of course bring defeat".

The Hong Kong and Shanghai Chambers of

Commerce support the draft agreement and are

opposed to omission of Article V or to its

modi fi cation, as a dangerous precedent, but do

not believe that there would be any reaction

detrimental

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