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give an explanation of this correspondence. Ch, defended Álf cleverly; the result was that the order that he should
re the Colony was withdrawn and "pending further instructions"
8 allowed for the present" to carry on the business under name of . R. and Co. "Further instructions" are to come from London, where a report has been sent, Ch. says, with regard to the matter. This is also what I expected and it is possible as Ch. fears that they will not be satisfied with what they have reached but will take the business entirely out of the hands of B.R. and Co., and give everything over to R, and Co. This is
+
the most unfortunate thing that gould happen, but it is also possible that the Goverment will be satisfied with what they have done, being convinced that they have resided R, B. and Co.§ Comectin
broken up
properly and have brought the business entirely under English control. For Ch, was required to give up the office which he had already taken (fortunately, only by the month) and to work at R. and Co. On the other hand, they have allowed him to keep our Comprador in Hongkong, Utung Pak. We shall have to see what london decides. ch. is of opinion that it is also possible that genders, himself, becomes sick of the business and decides to give the whole thing up; for there is nothing to be made by him out of the business, at least not with the present consignments, For as Ch. ways an estimate of 1200 would not be too high fur the telegram sent to the Government in Hongkong and to him. Put I am of the opinion that S. is too tough and too proud willingly to take a decision of this kind.
The danger is, however, that 8. will break off all connection with us if he can obtain ne-appoint-
workers we
binding
ment guarantees from him or is unable to persuade him to agree to a new shipment to A.R. right through to Canton as already proposed,
Ch. hopes that we should support H. and Co., as far
* possible, and accordingly he had arranged that our Comprador should
receive per cent Commission for giving orders to the wuprador of R. and Co. This is, of course, very plessant for our
rador, but he will not be too energetic in his support, and will
also
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