It is stated by Mr A W Pickard, the managing director of the City Steamboat Company (Limited) that at about one o'clock on Wednesday he was asked whether the company would sell three of their steamboats, and he replied that they would sell three at £2,600 each, providing the sale was to non-belligerents. At Three o'clock he was informed that the steamers would be purchased and the money would be forthcoming about four, but before that hour he was told that the business was off, the reason given being the British Ultimatum to Germany. Not being satisfied he insisted upon further information, and then discovered that the prospective purchasers were acting for the Germans and the vessels were required to proceed to Emden. He added that if had he known that the Germans were to have been the buyers he would have refused to entertain any proposal from them.
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