881
43.
Translation of CODE Telegram
From Governor, Hongkong,
Το Secretary of State.
Dated 26th September,
489
1914.
:
margelet 3000 to noidalarisTT
„gno_soll zomrievoƉ mort
otajë to prajezoek .AIGI „radimejqo@ d#BS bateű
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-metqaƐ dibs tallef twoð sækri yď beʊani moitinolí
.nedodo0 sitäI moldarique to atab zeď
TAX
Referring to your telegrams of the 11th September and 23rd September, the one mode of control and supervision provided by the Trading with Enemy Act will be impracticable here owing to impossi- bility of finding suitable controllers. I propose if there is no objection to take power under Trading with Enemy Ordinance to be passed October 1st to continue already existing restrictions of local branches enemy firms. Restrictions as follows (1) trade only in local name and not in name of whole firm, (2) regular payments to British banks of all sums of money. Is article 5 of Proclamation of 9th September to be regarded as in effect abrogating rule regarding dissolution of partnership in consequence of declaration of war. Main points are (1) banks will give credit to whole firm but not to local partners, (2) if trade in name of whole firm should be allowed partner in enemy territory may have during the war benefits to be derived from trade of branch, (3) existence of certain neutral banks in the Colony and in Chinese Territory and existence of branches enemy firms in Chinese Territory and possibility of sending telegrams writing to such branches from Canton makes it difficult here to pre- vent remittances to German Empire, (4) difficulties of applying to present conditions of Hongkong doctrine of double commercial domicile Policy followed here throughout has toprevent sums of money or its equivalent reaching German dominions and not to stifle fair competi- tion.
HARCOURT MAY
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