ABC

done

is

the

next question

to

look to. It is

It is certainly

300

To this they answer

Has the

Laws were

of a

delusive character

= some presumption in favor

7

the fairness of the original decision, that

been

Jane

without concert

view should have

adopted

the

same

at nearly

the same moment by

Lord Stanley in

this Country, and

by a

Board of Officers

sitting at

Hong Kong itself

is Henry Pottinger also pointed

out to the gentlemen who

wrote to me on

the subject,

Y

ter, arising out of speculation, and

costs afford

no

real estate

value

That

a spirit of speculation

did

much

affect

these

transactions

will

not

readily

be

believed, but yet it

is

difficult, as

Sir Henry Pottinger

has observed, to apply any

fair test of

value

in

a

fair and open market

On the

considering the

whole, however,

there are many motives

for dealing liberally with the

Merchants

who

invested

and

others who have

their

Moneys

at Hongkong, when purchases were made,

even

though they were called upon to pay higher rates than they were originally given.

In the recent public sales higher rates had been voluntarily given.

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