CO129-571-16 New Territories 13-4-1938 - 12-12-1938 — Page 142

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

(2) the possibility that the Japanese-sponsored

puppet Government of China may in time establish its

position and repudiate the engagements entered into by

its predecessor. (The puppet government has already

issued a warning against financial agreements with the

present Chinese Government);

(3) the possibility that we might not be able to

hold either Hong Kong or the New Territories in a war with

Japan.

Clark Kerr, to whom the Governor sent a cony of

his letter, considers that the sale of the New Territories,

while China's war slogan is "no alienation of sovereignty

'bf territory", is out of the question. On the other hand,

if His Majesty's Government are prepared to pay for an

extension of the lease, it might be worth while sounding

Chiang Kai-shek.

We suggest that in the first place you should,

without encouraging false hopes, ask the Governor to

elaborate his suggestion, giving you some indication of

the length of time for which he proposes that the lease

should be renewed, the sort of price which it would be

worth our while to pay for this, and so on.

The

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