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dictating in or controllong such relations in China
appears absurd. At the present time when our
Aricing
rights and privileges, whether from treaty provi-
sions or based on undisputed exercise, tend to be
more and more strictly scrutinised, I have no hesi-
tation in recording my opinion that the placing
of british companies operating in China openly
under a Hongkong deputy would be much more likely
to be resented as derogatory to China's sovereign
rights than would the direct intervention of an
الارم
Imperial Officer, especially if he were of the
class mentioned in the treaties and familiar to
of Chinese
all ranks for half a century and more.
A
The risk
of future objection on China's part would, I be-
lieve, be materially lessened were the China
registry made a branch of the London office and
the companies registered by it placed under the
same laws as British companies established in
England; for such a registry as a part of the
Consulate would appear not as an innovation but as
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