}
4. They
cach
CALL
further of opinion that in
the nature of the busines
which is bring in fact carried on
by the Company
that no
Company must be looked
afg
hard & fast line could be
laid down as to the amount Buhih
interest which would entitle
Company to British protection.
4 Lord S. hat
of
accordingly authound
Sir C. MacDonald to instruct H. Mis
Consul at Canton that before according
protection to any (ompany registered
in Hongkong, he should satisfy keinselly
that a
majority of the shareholders
as well art
of the managing yourd
of Directors are British Subjects, & that
the
in the business is also british greater part of the Capital
employed
? omit
HFW.
5 I have to forit tut
385
to you with ref. to the
4th pare of you Jesfall
wonder acht that I do
not considers that the
alove instructions, which
only intended to prohibic
the indireficentiate
protection of Chinese
subjects,
will necessitate
any amendment
of the
Registration Law in Houghen,
1
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