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در the pay must accommodation. Ant dation. Out if he Stamp duty of $0.50 this a - rate of interest (in increased) ly $0.50 cents a day, or nearly 50 per cent. Naturally, the borrower avoids the Native bank where the Stamp duty will be insisted where it's ow, and resort to are evasion will be connived The consequence is (what Chinese may say) / aw -almat. at. wholesale neglect of the law, an attempt to confound with it by putting, receipt Stamp tw. A 3 cent The promissory Note, on the pretext that it is only a Receipt for the money were
When the Stamp Ordinance was passed, Chinese trade had not attained its present dimensions. Much was not known about it. Moreover, the new legislation made su stir from it viewi that I any great European point of view inclined to think examination of it in detail with regard to Chinese business was neglected.
All experience shows that duties which are too prohibitive avn endo. I consider defeat their that some such Tariff ao append would not only not only be I equitable to the Chinese, but
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