300
Excellency, and
and on
he has
inquiry
found the representations to be correct, that a combination of Chinese traders
has been entered into at banton in which the parties have bound themoches to purchase no cotton imported through Hongkong. They have induced several
bhimese here to join the
the league.
and
the agreement intered into, it is said,
will a me
into operation from the 28th
of the present month.
.3.
It is obvious that it is
quite
---
optional for any Marchant to restrict
his funchases of botton, commodity
ол
any
other
in whatever manner he
pleaves. Very probably he may hereafter thind that such restrictions on his fudom,
like all other restrictions on hude, must tend eventually
profit
Qub
as little to his his convenience: His Excellency
therefore has no obesenations whatever to make against the formation of such
a
ar
-league, whether it be friendly or empireveally
whether it be calculated to adrance
ar retard the preoperity of this Colony.
j
It is necessary, however, to state that
certain improper influences have been
brought to bear
induce them to
com
Join
parties here to
the League. Thus it has been represented, and I believe
forms part of a Cicular, of which His Excellency has not
been able to
Secure a
yet
Copy, that all cotton bales not
bearing a curtain bustoms, Stamp to be