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when British creditors are being made to suffer by delay in paymen of their debts. In addition, there are cases of Germans possessing land, buildings, furniture and investments but without debts when
the Government see no reason for liquidating.
The Committee desire to point out that this
is mistaken kiddness to the Germans themselves on the ground that if these Germans expect to return under easy conditions of living they will find out their mistake. They have been expelled from all the Clubs and trade organisations and British public opinion is so strongly against them that any attempt at rehabilitation will be strenuously opposed. Individuals naturally do not wish to be
obliged to do this and this Chamber believes the best policy would be to turn all German assets into ready money or investments in British Government Stock so as to provide a single and simple method of uniform settlement when the tire comes.
*
Another point in the method of liquidation of the stronger German firms is that of Portuguese and particularly
Chinese employees who are being subsidised in the form of wages to
remain in the employ of the liquidated firms either marking time
or helping only batfyearly halfheartedly in the liquidation. Hany
of these men would be gladly taken on by the British Firms who are
trying to cope with the trade formerly done by German houses but
until the Chinese mind can be thoroughly disabused of the idea
that the Government is in favour of helping the German firms to
start again where they left off it is impossible to expect
British firms to increase their business. Chinese capital is being
withheld from trade to the loss of the Colony and the only way to
stop this is to instruct the liquidators to discharge such of the
employees, brokers, and other intermediaries as are not actually necessary and to fix their remuneration accordingly and that under no circumstances should German capital be used to subsidise such
men so that they can afford to wait until the Germans are dis-
-interned.
The question of the advisability of the re-
-tention
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