CO129-413 - Governor Sir May - 1914 [8-10] — Page 383

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bozu Berizung densee of midstaaɔo yď bainsquosos 11

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edil svig TAŠTO KRITIZW yd you evitusexă poneziu tɔ sɛsɔ al

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TO VIS: 80Jon Ji Hrebienos Jtund edt 11 gatbuloni Jit exaldo

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\ cotis

381

after a special application to the Court for this purpose to

create charges on the property of the firm or company in

priority to existing charges. The Court shall have power to dire

ect how and by whom the costs of any proceedings under this sectin

ion and the remuneration charges and expenses of the controller

shall be borne and shall have power if it thinks fit to charge

such costs charges and expenses on the property of the firm or

company in such order of priority in relation to any existing

charges thereto as it thinks fit. Ends

You should immediately pass legislation embodying these provi-

sions. Full text of Act follows by post. You will see that

main object of the Act and Proclamation is to prevent trans-

mission of money or the equivalent of money to hostile territory.

It is not intended to restrict trading by enemy subjects resid-

ent or carrying on businesa in His Majesty's Dominions except

in so far as necessary to attain this object and Government super

vision will as a general rule only be exercised on the grounds

and for the purposes indicated in section 3 "A" and "B" of the

Act. It has been found necessary however to treat enemy Banks

in this country on a different footing and provision has been

made in pursuance of Article 1 of Order-in-Council of August 10th

see second supplement to London Gazette of August 7th and Ar-

ticle 24 of Order-in-Council September 9th see 2nd Supplement

of London Gazette of September 8th issued under Aliens Restrict-

ion Act 914 Circular Despatch August29th to confine operations

of such banks to those necessary for completion of transactions

entered into before outbreak of war. Should you consider it

expedient in the public interest to subject any class of business

or any individual trader to special restrictions or supervision

of /