CO129-485 - Governor Sir Stubbs - 1924 [8-12] — Page 502

fess

Copy)

ong Long and hanghai Banking Lorporation,

Cong Kong, 27th scambor, 1924.

480

1

M

I would wntion as a orolizinary that I was at home on leve when this buringus was initiated, in the 'utam of 1923, and the lata "r.A.G.Stephon, then Chief 'nwar of the ank, nersonally daalt with it until his dearture for `ngiani on lawre in my 1927. to a very rent ontant my information on the subject is derived from convers tions 1 had with him.

Mr."tephm ve no to understand that his no miesomoe in arranging the finees of the business was due to his conviction that the ́erolant olunteere remisation was, as its past recorda shor, the principal factor in the maintenance of law §. order in Canton, as protester of the · hinese trading carunity from the illegal exaoti-ne of the miromary Chinese troops with which the City swarmed, so mything that would add to its efficiency me to the interests of the whole poseofui popul«tion & the benefit of trade amorally.

"r."taphen, under-tanding that the project had the ongnismco approval of Br, un himself the Canton Govermont, we satisfied

that everything was quite reguler as far as the Canton Goverysent

& the Chineso aritime (ustoms, Canton, were concerned, this belief

is borne out by his letter, dated 1 th vetober 1923, to ir James J-mefson,K,C.".0. His reference in the case letter to the Terug Kong: Government, leads me to infer that the matter had boon discusrad

with the uthorities here. 't my rate I was assured by lr. tephen just before he left hero in "ay, that all the authorities immediately

conenme! had be informed everything was in order,

The Bank's conection with the shiment of fame to,

confined to making arrangements for the nepolation by our 'enburg

office of the documentary bills dram by ander Wieler & Co.,Hamburg, on their Canton llouse, through whom our Canton Compradors, Chen Lim Pak, in his capacity as Condent of the erghent volunteers,

oriered