CO129-430 - Others & Individuals - 1915 — Page 614

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The Under Secretary of State, Colonial Office

-4- 9/12/15

592

any notice whatever of such a rumour, but the interests at

stake are so considerable, that we must not fail to take

every precaution in our power to ward off its possible conse-

quences. Should the Government of Hongkong in effect be

induced to declare this Company to be German, we should be unable to hold the Texas Company's agency in Hongkong (until such time as the matter were righted).

It may possibly be thought that if we are eliminated,

the agency will naturally fall to Reies & Co., so that British

interests would not suffer. Buch a theory, however, if any

are ingenuous enough to hold it, is not borne out by our know-

ledge of our principals' attitude, as referred to in a previous

paragraph. The Texas Company, we are confidentially in-

formed, contemplates making its grievances the subject of

diplomatic interpellation, and seriously considers the ad-

visability of entrusting its interests throughout China to Messrs.Mitsui, in order to be free of the troubles entailed by

British representation.

The issue therefore is very plain. The development

of a profitable cash business, offering unrivalled opportu-

nities for getting well into the interior of China, and wreated

from the Germans by the single-minded and unremitting efforts

of your humble servante, is in serious danger of being trans- ferred from British hands into those of the Japanese.

We venture therefore urgently to request that you will be so