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746
enclosure F in which this question is dealt with (paragraph 11 of letter and paragraph 19 of enclosed Charter Party), He contended that for this andother reasons, such as the high China exchange, firms concerned, his firm at any rate, had done far worse than home ahi pomers, and had in fact suffered heavy losses, in spite of the extra allowance over blue bock rates authorised for the Far East by Colonel Thompson. Mr. Bushe expressed some difficulty in under- standing this,
W
Mr. Borroughs said that it was unfortunate that the HongKong Government had not explained the position so fully and clearly as it had been set out now by Sir G. Grindle. Reference was made to negotiations with Mr. Fletcher, and to an offer of division of profits on a 50/50 basis said to have been made by the HongKong Government but turned dow by the Unofficials. Mr. Burroughs said that, as Sir G.
Grindle had pointed out that the Government's intention was
that HongKong shipomers should not be better off then
those in this country, it might be argued that in that case
they outhg not to be worse off, and asked if the position
could not be considered on that basis.
Ws
W
Sir G. Grindle said that any offer on the lines
referred to above, even if it had been decided upon by the
Colonial Government would undoubtedly have failed to secure
the Secretary of State's sanction. He could not accept Mr.
Burroughs corollary that HongKong shipowners ought not to be the worse off,all that His Majesty's Government had settled was that they ought not to be better off than those in this country, but he considered that if the shipowners could satisfy the HongKong Government that they were in
fact
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