in

with

my only) to their's

own

views

the subject of Opium, and having

heard what they have to

urge

apart

the subject, proceed to adopt the best

Course.

Courteous

limits

of my power. The more

the

can be made to partake of

the semblance, at

least of a conventional character, the less grounds

of complaint can

they

have against

the Chinese

government.

the results, should

these results prove otherwise than

agreeable to it; besides that such

a

mode

must add

to the probabilities of success in the all-important Subject of persuading the Emperor, if possible, to legalize the

trade with

a view to July.

In relation to the subject

of Colonial Revenue, I shall of course

be mainly influenced, in the choice of

its sources

/

by the well known acknowledged tendencies of the various modes

of taxation as

affecting Commercial


Social prosperity; deriving the largest

amount obtainable from Land-rent,

meeting strictly local charges

as much as possible by local rates;

in such department of

the civil adminis-

tration as admit of it having

their expenses met by

the amount

of their

own

and, after

taxes

of fees; and, receivable by

duties on consumption, resorting

last of all

to the most objectionable course

& duties on Commerce; of which

however it may

be said, with tolerable

certainty,

that

...

duties on

particular articles of trade; as

entering less directly & obviously into

the calculations of

Profit, and being

by far the most compendious and

easy of Collection.

I cannot conclude without

Expressing my deep sense of the confidence

reposed

in

my

judgement or discretion

by

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