facilities which exist at

not exist at Canton

a.

a...

This

Hengstong

elsewhere.

do

I need not have dwelt large

point because I do not suppose

single individual, who

argued)

the

Memorial really believes that the Stamp

duty actually proposed would make

...

any place on the least a preferential emporium to Hong Kong. I have shown that any warehouse

establishment here would be

very injurious,

the analogy, which

and therefore in the

I drew between this plan and Singapore I contented myself with arguing that if a heavy and complicated

{

"Stamp - Revenue works satisfactorily and is no existent impediment to business in a

...

#

271

Colony wonderfully similar to this in

its

general business transactions, it follows that an application here of the

an us

extremely simple

principle

agreeably lighter tariff will

ach

probably

that there

word would

move

satisfactorily

I do not presume to assert with any certainty in the result. I keep strictly to the logical inference

that there

are

more probabilities in

favor of a reasonable Stamp duty

meeting

our

requirements than any

other law. Like

many other problems

in political economy, if it fail, it

very likely fail for

want of

support from its advocates and

as the Government now

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