CO129-520-7 Public Utility companies- acquisition by foreign groups 4-12-1929 - 26-1-1930 — Page 9

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in Clauson

You man care to see diff

Mr. Elli

1.12.

pr. Martin 27.1.30

I cend on this sit, but if it is not presump Gous to minute at bis point, I sad like to sit out the matter as it appears to me.

It sums to me that the 'Ameri.

invasion' threatens in

two ways (1) commercial, (2) from the point of vieof public andre.

As Sie G. Grindu says the first danger cannot be met.

As regard the second it seems

to me that we

are on was one

-ably secure ground so long as ← public utility undertakings

owned by Brition-registered. Companies.

are

Lewd be in the highest degree dangerous if the electrical plantes fell into the tomat of ownership of individual aliens or alien-registered Companies, because in that case any action the boot might take might be challing. by diplomatic intervention die the last resort by a demand

a demand intu-

-national arbitration.

But as long as the Co. is Bei-

·kish-registerd, foreign Goo would have no right of dipa- -matic intervention unles

the Co. A

Staking was being