CO129-452 - Others & Individuals - 1918 — Page 288

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taken by the Americans will work, and to what

extent if at all there will be silver over

available for China after other demands have been

met. But in view of the general shortage all

round it does not seem at all likely that they can

have 10,000,000 ounces by the end of October:-or

even es Addis puts it by the end of the year.

For the moment I am afraid we must await

developments and see how the new regime works. But

you may wish perhaps to warn the Governor of Hong Kong confidentially that it will probably be

necessary for China markets to be satisfied with

very much less than 10,000,000 ounces in the time

he mentions.

I will let you know any further

developments.

Yours sincerely,

OWN

Hongkong & Shanghai Bank,

a

C

2. Gracechurch Street.

406484

London! B.C.3.

な

C

bar Collins,

August 28th, 1918.

The enclosed draft telegram

is an attempt to sum up the gist of our

Conversation of last evening. If its

jerms are approved, I shall be much

bliged if you will kindly have it for-

jarded to Hongkong through the Colonial

ffice.

Yours sincerely,

велый

من صاحب

LB. Collins, Esq.,C.M.G.,

Colonial Office,

6.W.1.

G. Grindle Esq.,

G.B..