on 10th malanh " for the purpose of discussing
Ne reasons which have bed to the withdrawal
of ratial capital from the colony proposing resolutions which
heay
und
"
have the "
effect of ameliorating the precinct Reportmall"
State
of affairs" - The chair was taken
Ho
by Mr. Ito A-Mei, Mirnager of the On Fai
Insurance Company. The principal
"
resolution that was passed was
That in
"
"
of the pressut alanning Elate of Affairs in the Colony the Government be requested to advance money on Mortgages on landed property at a low rate
of interest" say five per cent per Amund", he other
word. the remedy propezed was that
Gover
verunduh should advance
Marthe
reonly at a
Banks
howarate of interest than the European
>
>
353
Banks on security that was apparently not considered Enfficilist by Euch Banks- As I have had no application made to
New buy the promoters of this meeting, probably
M
reflection they have seen how impossible it would be for Government to comply with their requich. Turn if the Scheme were not
In itself objectionable, the available only which Goverrunsah has would be utterly
mauffecsut for the purpose.
2.
My attention was called
the
Alling Taplam Superintendent of Police to the fact that permission had not brow previoraly oblaturs from the Govenmach to hold this meeting he accordance with The provisions of Section III of Ordinancd of 1858 _ I did not think it however
recessary