CO129-440 - Others & Individuals - 1916 — Page 504

and D.

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10

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06:34/1/28

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06.2/VII.

ANDERS.REHDERS & CO LTD

LONDON,MANCHESTER,NEW YORK.

Telegraphic Address *THEODOSIUS",

FEN, LONDON. MANCHESTER

Telephones.

N 4322 AVENUE.LOHIAN

CITY, MANCHESTER

N° 7105)

REPLY PLEASE REMERTO

D DEPARTMENT

Sir.

108. Fenchurch Street.

London

The Under Secretary of State,

Colonial Office,

E.C.

503

19th Jan. 1916.

0.0.

3465

REC [Reet 20 JAN 15

Whitehall, S.W.

15

16

With further reference to your letter of the 4th inst

we beg to report on the present state of negotiatione in

regard to the Texas Company's oil business in Hongkong and

Southern China, as follows:-

Messrs.L. Reise Brothers & Co., for Reiss & Co. Hong-

kong, have given us notice to determine the Agreement at

present in force between us as on the 30th June next, and

have informed us that they will not carry on the business

except as direct agents for the Texas Company, and for a

contract period of not less than three years. They express

readiness to pay us an adequate return for the introduction

of the business, without specifying what such return would

be.

Without dwelling on the advantage which it is sought

to take of this Company, we would point out that while,

in the interests of British trade, we are ready if need be

to sacrifice a part of the profits due to us, who have borne