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The Under Secretary of State
May 8th, 1916. 683
as stated in your letters, naturally surprised me not a little; and 1 trust you have since enlightened His Excellency as to the true state of affairs, as disclosed by my reports by letter and cable, at present before you, To these reporta I now beg leave to add so that you should have an uninterrupted record of all facts antisipating as I do
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Mr. Tennyson's permission in view of the seriousness of the matter ду confidential letter to this gentleman, dated the 28th 4te, and its enclosure, being copy of a letter of same date to my partner,
Sir F.H. Hay is surely not aware that Reise & Company thom- selves wrote only on the 7th March to the Texas Company that
an agreement between the Texas Company on the one hand and Messrs. Sanders, Kehders & Co. Ltd., and ourselves, faintly on the other, would be quite satisfactory to them,
of the soceptance of which joint agreement by the Hongkong Government they were assured in advance, knowing that both Mr. Bonar Law and His Excellency himself had olearly expressed their desire to see their firm
these two centlemen appointed my Company'a agenta; and that thaỹ thua đid rat object that 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'a altitude !
Moreover, as Hessrs. Ress & Company had decide, written and oabled, that their arrangements with my Company were defnitely to cease on the 30th June, they had of course no right whatever i approach His Excelleney on this matter of the Texas agency, nor that Hongkong and Shanghai Banking Corporation should plead for then the "hsolute neces- sity that Texas Company make direct arrangements with kejse & Company"; nor was it their or the Bank's business to tell the Texas Company what the Hongkong Government elects to do or not to do.
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