53

their letter the Board of Trade are concerned

with the respective extent of participation

of British and American interests in such

an undertaking and suggest that one combined

Anglo-American undertaking, which would be

just predominantly under British control,

would be more economical and more secure than

two competing undertakings. I think there

may be a lot in this, and I would suggest

referring to it in our reply to the Governor.

5. As to the actual reply to the

Governor on the question of general policy,

I suggest that, subject to G.D.'s obsons., we should confirm the previous statement

?

made in our telegram (No. 112), to the effect

that there is no objection to the setting up

of a factory in Hong Kong, but that for the

duration of the present hostilities permission

to export completed aircraft to China or

Japan cannot be given. Say that the matter

has been referred to the Air Ministry and the

Board of Trade for their obsons., that the

Air Ministry's reply is principally concerned

with the more one-sided question of strategy

and treats the matter as though the proposal

were to set up an aircraft factory in British

territory in the Far East, and therefore has

little bearing on the actual question of the

advantages of the eventual establishment of

and convey to

such a factory in Hong Kong:

the Governor the substance of the third

paragraph of the Board of Trade's reply at (131).

A.N. Galsworthy

13/12

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