TABLE OF CONTENTS.

Serial No.

From or to whom,

Despatch No., &c.

Data.

Page

Bubject.

GENERAL.

1

To the Governors, &c.

Fiji, East Africa Protectūraže,

1915

July 6

Nyasaland, Somaliland, Uganda, Osylon, Hoar Kong, Btraits Bettlements, Bermuda,

States that His Majesty's Govern-

ment have decided that surplus assets of liquidated enemy firms should be invested in British Govern- ment securities, and that the Crown Agents should immediately be instructed to apply for allotment in War Loan equivalent to amount held.

1

Jamaica,

Trinidad,

Windward

Islands, Gold Coast, Bierra Leone, Nigeria,

Zanzibar,

Malay Staber

Telegram

3

Inter Departmental

Committee

December 17

1916

February 25

NOTE. This correspondence is not complete in itself; but it was decided to discontinue printing papers in this series, partly for reasons of economy, and partly because the question of liquidation had become merged in the much wider questions arising out of the economic clauses of the Peace Treaty.

B Crown Agents

(

99274. Wt. 88199/648. 20. 9/21. J. J. K. & Co., Ltd.

Report on the liquidation of enemy

firms.

Asks whether Colonial Office considers Income Tax exemption should be claimed in respect of Exchequer Bonds purchased out of surplus assets of liquidated enemy firms.

250

1

6

4 To Crown Agents

March 20

5

To Treasury

March 20

States, in reply to No. 8, that for reasons given, exemption should not be claimed.

Aske whether Treasury considers that steps should be taken to prevent the recovery of income tax by enemy

7

7

6 Treasury

April 27

7

Crown Agents

1917

January 15

owners.

Assumes that no certificate of owner- ship of Exchequer Bonds will be issued by the Crown Agents to enemy traders, and therefore no claim for repayment of income tax in respect of dividends upon these Bonds can be made.

Gives particulars of various securities held on behalf of the Enemy Sur- plus Assets Accounts and saks whether they should be converted into the new Five per cent. War Loan.

7

8

* To

9

Treasury Public Trustee

Public Trustee

and

January 23

Encloses copy of No. 7, and asks for

views thereon.

10

January 97

States, in reply to No. 8, that he has not invested enemy moneys in War LOAD.

10

10 Treasury

January 81

States, in reply to No. 8, that it is hardly open to Their Lordships to express an opinion with regard to the conversion of the investmenta specified into Five per cent. War Loan; states terms of reply which has been made to the Custodian for Scotland to a similar inquiry.

10

سيا

PUBLIC RECORD OFFICE

Reference:

CO.885/25

PUBLIC RECORD OFFICE, LONDON

ALLY WITHOUT PERMISSION OF THE BE REPRODUCED PHOTOGRAPHIC- COPYRIGHT PHOTOGRAPH—NOT TO

ii

Berial

From or to whom.

Despatch

Date.

No.

No, &c.

11

To Treasury

1917

February 8

12

Treasury

February 12

Subject.

States, with regard to the conversion of surplus assets of enemy firms in Five per cent. War Loan, that the Secretary of State does not feel that he is under obligation to secure the highest possible rate of interest for these investments; as regards Ex- chequer Bonds, will adopt whatever action is

convenient from Treasury point of view.

more

Points out that under certain condi- tions conversion of Five per cent. and Six per cent. Exchequer Bonde into Five per cent. War Loan is advantageous, and that non-conver- sion may involve loss of interest and of capital in the event of the Four and a-half per cent. stock having to be realized before it becomes repay- able.

States that the Crown Agents have been instructed to apply for the con- version of the Four and a-half_per cent. War Stock, but not the Five per cent. and Six per cent. Ex- chequer Bonds.

States that the Secretary of State approves the conversion of the Four and a-half per cent. War Stock held on behalf of the Enemy Surplus Assets Accounts into the new Five per cent. War Loan.

EASTERN.

18 To Treasury

February 18

14

To Crown Agents

February 18

1915

15 The Governor

Hong Kong September 28 Confidential (Rec. Oct. 27)

16

The London Chamber

October 26

of Commerce

17 To Foreign Office,

Board of Trade,

November 9

Home Office, and India Office

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