CO129-413 - Governor Sir May - 1914 [8-10] — Page 553

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

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Translation of Code Telegram

From Governor, Hongkong,

To

Secretary of State, London.

Date 26th September, 1914.

549

F4280 Lane

35591 Mong

Referring to your telegrams of the 11th September

and 23rd September, the one mode of control and supervision provided by the Trading with Enemy Aot will be impracticable

here owing to impossibility of finding suitable controllers. I propose if there is no objection to take power under Trad- ing 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 regard- ing 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 possiblity of sending telegrams writing to such branches from Canton makes it difficult here to prevent remittances to German Empire, (4) difficulties of applying to present conditions of Hongkong

doctrine of double commercial domicile. Policy followed here

throughout has to prevent sums of money or its equivalat reaching German dominions and not to stifle fair competition.

May

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