CO129-495 - Governor Sir Clementi - 1926 [11-12] — Page 162

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so far no tangible results. Local merchants report

that trade with Swatow steadily improving but British Consul there states that intensive campaign is being -

carried out with much intimidation with the object of

eliminating the British and boycotting British vessels. Appeal to the local nationalist authorities fruitless.

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Generally speaking the disturbed conditions of China

and absence of stable government causes such lack of

confidence that resumption of business connections and

revival of trade are unlikely. Settlement at Chinese new

year will be difficult and the outlook is gloomy.

Unnumbered telegram of the 13th.

S