COPY.

28. END

DRAFT CABLE TO

SHANGHAI.

MR. ROGERS,

FROM BANK OF ENGLAND

Tuesday, 31st August 1937.

Secret

1.

2.

Your Cable of 31st August quoted alternative (c) but

assume you meant alternative (b) in my Cable of

30th August.

On the assumption that head offices are not transferred

to Hongkong, there is no reason why the financial

facilities of the Hongkong market should not be fully

used by branches in Hongkong of the Chinese Government

banks for purposes mentioned even if formal state of

war exists.

Whitehall agrees.

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