CO129-437 - Public Offices - 1916 — Page 758

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Copy of letter to Sir M. de C. Findlay from

Mesers.. Bruasgaard Kiøsterud and Company

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December 12th 1916.

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In May 1915 we opened negotiating with

The Hongkong and Whampoa Dock Company Limited,

Hongkong, and 14th September a contract was signed

for the building of two steamers about 3,000

tons deadweight specially fitted for the Eastem

consting trades and deliveries in 12 to 14 months.

The materials were then understood to be ordered

and partly already on way from Great Britain,

but

later we have been informed, that in spite of all

endeavours a great part of the materials could

not be released from United Kingdom. After thig

we agreed with the builders to order the materials

from United States against a very heavy increase

in price £10,000 - for each steamer and even

then the deliveries could not be promised before

about May/June next year.

In regard to these steamers we understand,

that your Government will have it in their hand

to grant transfer and only on condition, that the

tonnage is placed at disposal of your Government or to

a British firm at half market rate or time-chartar

basis for the period of the war and some months

afterwards. We are not quite certain, whether

such stipulation will be made use of under these

somewhat exceptional circumstances, where the

steamers are built in one of your colonies partly

of materials from a foreign country and at great

extra

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