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The Under Secretary of State
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May 8th, 1916. 650
as stated in your letters, naturally surprised me not a little; and I trust you have since enlightened His Excellency as to the true state of affairs, as disclosed by my reports oy letter and cable, at present before you. To these reports I now beg leave to add so that you should have an uninterrupted record of all facts anticipating as I do Mr. Tennyson's permission in view of the eericusness of the latter confidential letter to this gentleman, dated the 26th ulto. and its enclosure, being copy of a letter of same date to my partner.
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Sir F.H. May is surely not aware that Reise & Company them- selves wrote only on the 7th Larch to the Texas Jompany that
an agreement between the Texas Company on the one hand and Messra. Sanders, Rehders & Co. Ltd., and ourselves, jointly on the other, would be quite satisfactory to them,
my
of the ecoeptance of which joint agreement by the Hongkong Government they were assured in advance, knowing that both lir. Benar Law and dis Excellency himself had clearly expressed their desire to see their firm
these two gentlemen appointed my Company's agenta; and that they thus did not object that
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my Company continued to be concerned in this agency, the very contrary of which is now all at once made out to be the Governor's attitude!
Loreover, as Lessrs. Ress & Company had decided, written and cabled, that their arrangements with my Company were definitely to ocase on the 30th June, they had of course no right whatever to approach His Excellency on this catter of the Texas agency, nor that the Hongkong and Shanghai Banking Jorporation should plead for them the "absolute neces- sity that Texas Jompany make direct arrangements with neiss Company"; nor was it their or the Bank's business to tell the Lexas Company what the Hongkong Government elects to do or not to do.
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