CO129-431 - Governor Sir May - 1916 [1-2] — Page 530

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Väinnoq ze ghosžų

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o snordmap onė yɔtɔi.

general answer that will cover all

ee, for reasons given below, it has bees. and trade-marks are not to be sold. In the rêu.

rights of secured creditors must be respected, and the w are not aware of any mpledged shares which are available for the purposes of the liquidations, ercopt possibly in one case,

even in that case a lien is claimed by a creditor. With these two provisoss, there cannot be, and there nevor has beɛn, my objection to the realisution of all the assets of a clearly

↑ firm as fast as they can be sold, provided of course Nest price reasonably possible is obtained, and it is

cat in the winding up of any solvent or doubtful firm aleable assets are being kept off the market by the

intor

The case of trade-marks and goodwill raison a serious question of Imperial policy and the interests of individu- -nl creditors and local firms must be subservient to national and international considerations, The Government feel agmured that individual creditors and finne of British nationality would not desire to discuss such a question on purely solfish or lo ml grounds. In my onse it is not legally possible to assign trade- -marks apart from goodwill.

8.

With regard to the question of the European and Chinese Staff, the Government are not aware that any members of such staffs are being retainei unnecessarily.

9.

In conclusion, the Goverment would dosire to dispel any idan that they are hostile in any way to the gmoral aims of the Chæber. On the contrary, thay are in full sympathy with the desire to foster British trade and to destroy Cortin dominance by all possible legitimate meɛns, an? hy will always be ready to welcome and consider any definite proposals with this object in view,

10.

I am to add that

a copy of your letter and this reply will be sent to the Secretary of State for the Colonies

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