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acceptance of the proposals contained therein, seeing that the terms of- fered are even better than those you accepted subject to the consent of your home partners.
As the matter is to be decided almost at once, in view of the 38. "Tancred" being very shortly due at your port, you will understand that we had to ask you for a prompt reply, vis: by the lat May.
This will, however, give you sufficient time to cœmunicate with your home partners; and you will also understand, in view of the importance of the matter and as the Texas Company and we correspond and deal only with Hongkong, that it is for you to cable us your and their decision.
Youre faithfully,
signed: H. Sanders
Managing Director Sanders, Rehders & Co. Ltd., London, E.0.
Personal
P. H. Holyoak, Esq..
Dear Sir:
Messrs. Reles & Co..
Hongkong, China.
I now have pleasure to hand you enclosed copy of my letter by laat mail, of the 14th inat., together with the follow-copies of my letter to the Secretary of the Hongkong General Chamber of Commerce (of
the 13th inst,), as advised. named letter is also hereby.
▲ copy of the enclosure to the last Kindly ask the Secretary whether the
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