CO129-395 - Public Offices - 1912 — Page 514

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MAYROOŤ of rede var med el mús e xa od od veest I

PANASPIA One wires

mé Aura I

* * *

18.6%

ezit pktow

507

have now the honour to enclose cory of a despatch which

I have received from Kie Majesty'e conall-Goneral at

Shanghal containing certain observations on the draft

Order, and sino of a dospatch from Sir H. de Saumares

replying to Sir Everard Fraser's criticisms.

A careful study of these documents has confirmed

mo in the sonolusion to which I had already been led by

the previous correspondence, næsely that the register

to be established at shanghai for joint stock companies

trading in china, should be entirely independent of the

Fongkong register, and that the law to be applied to such

companies should be the Iglish law independent of the

Hongkong Ordinances; or to put # shortly that in regard

to this part of the question the more correct course 18

indicated by Mr. Bourne and Sir 3. Prager.

The argumente against the policy of making the

Shanghai registry a branch of the Hongkong registry

which are summed up with overwhelming force in the oor-

respondence now under consideration, have been repeatedly

put