CO129-629-12 War Risk insurance- availability of contractors plant 1-2-1951 - 31-5-1951 — Page 45

C1094 MI1444 508 6/46 50,000 S&CLtd. 47(3)

54510/51.

C. O.

Mr. Hall 2/3 H/s.

Mr..

Mr.

Mr..

Mr.

Permt. U.S. of S.

Parly. U.S. of 8.

Secretary of State.

DRAFT.

Dear Foxlu

R.W. FOXLEE BY CA.E.

I enclose a

(2)

C.As.

will copy of

FURTHER ACTION.

C. D. M. 3- MAR 2.5

Asse at (4)

a copy of a H.K. tel NOLIR

about a request from the Netherlands Harbour

works to hid that the H.K. fort should accept

the warr

mint as for

as plant inlued at $3 million

in the event of Woyds concelling the insurance

policies.

is

thought

Briefly the position is that this Company

by the foreman to be the only firm in the For hast which can undertake dredging operations & the construction of foundations for sex walls & is on the point of closing down in H.K. in view of the unsettled political situation & the poor prospects of ever obtaining contracts again in china