CO129-431 - Governor Sir May - 1916 [1-2] — Page 372

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

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a sum sufficient to meet the acceptance has been earmarked for that purpose.

6.

I am not aware of any other means of checking the long credit system other than a combination of all the importing firms such as has been formed here since the internment and expulsion of the German merchants.

7.

In conclusion, I may add that I would gladly consider any proposals for a policy which would tend to encourage the re-establishment of the local import trade on a permanent cash basis, and I need hardly say that any sound and reasonable movement which would assist British traders to maintain themselves against German competition would have the entire support of this Government.

Era

I have the honour to be,

Sir,

Your most obedient, humble servant,

Атада

Governor,&c..

I

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