by the Peninsular and Oriental Steam Navigation Company's

"Vessels, together with two Memoranda from which it

would seem that, independently

of the

amount the Company

receives from Passengers, it was

been in

During

the

the annual receipts

Last 3 years

years I

somewhere about £50,000 for

the freight of Oil and

nature alone,

may

Lord.

alone, a fact of which it is desirable

for the Commissioners of the

Admiralty to be aware,

when

the recent Agreement between Her Majesty's Government and

the Peninsular and

Oriental

Steam Navigation Company terminates, which

I understand

No 2.

A 3.

13

will be the case in 1852.

The facts set forth in

These Documents

seemed

will I hope be

Satisfactory proof that

the Colony of Hongkong and the advantages it offers to the Mercantile Community in China, are not unimportant as they have been represented to be, for

Vessels. Tons.

It is useless to say that

In 1848—700 — 228,848 2485 Vessels of

1849—902 —243,465.

1

1850—883 —299,009

aggregate Tonnage of

2485 821,292 821,292, would

have

frequented the port,

during the last three years unless there had been some adequate inducement._

I have the honor to be, with the highest respect,

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