Cos.7019/37.
10:
0 139
89
15th September, 1938.
Dear Cowell,
53000/17
7/300/34
We have been rather a long time in considering your
letter of the 28th June (53600/37) about the Hong Kong
Companies Ordinance. We adhere to the views expressed
in our letter of the 20th August, 1937, and we see strong
objection to any departure from the principle that
Dominion and foreign creditors should be treated on a
footing of absolute equality with English creditors.
the same time we appreciate that special circumstances may
exist in Hong Kong which may have to be specially dealt
with if a sufficient case exists.
At
We think, therefore, that the best course would be to
have a meeting at which we could come to a decision. It
would, we suggest, be useful if Mr. N orman Young of the
Treasury, who, I understand, has a special knowledge of the
subject, could be present.
If you agree that there should be a meeting, would
you like to have it at the Colonial Office or shall we
convene it here?
H. R. Cowell, Esq., C.M.G.
Yours sincerely,
Maris
Cormarter