3.
4
Telegram from the Secretary of State for the Colonies
to the Governor of Hong Kong.
Sent 1.30 a.m., 5th November, 1938
No.215.
My telegram No.214. Following is Hansard text begins:-
China cannot be developed into a real market without
the influx of a great deal of capital, and the fact that so much
capital is being destroyed during this war means that even more
capital will have to be put into China in the future, when the
war is over. Who is going to supply the capital? It is quite
certain that it cannot be supplied by Japan. Therefore, when the
right Hon. Gentleman appears to contemplate a future in which
Japan will have the monopoly of Chinese trade, and we shall be
excluded from it altogether, I say that that is flying in the
face of the facts. It is quite certain that, when the war is
over and the reconstruction of China begins, she cannot possibly
be reconstructed without some help from this country. That is a
matter for those who are asked to invest their money to consider
at the time.
Ends.