622
The Rich have been reduced to
to poverty; people have drowned themselves, hung themselves, poisoned themselves, and stabbed themselves to death, and these
too, who have come to such an untimely of the wealthy pho
end, were the sons,
were
e formerly not rash to ru
risks. People, Noo, have absconded, been imprisoned", and become ou tacts,
although once.
n of property, who
lived on their rents. Others agains.
had the confidence of their employers,
have committed theft.
and rur
away being
this loving their occupation, .
unable to
and
57 find. their labour. Farther, persons, who had long been trusted by foreigners, have, through inability to make up their defalcations, stopped business, and can
another market for
get
men
22x
advances made to them. These
though.
educated and shrend
men of business, have become reduced/
to
to the
greatest. that have carried on business for years have been suddenly closed, speculation
straits. Shops of old standing,
in house property having exhausted their funds. People who have been reduced to poverty by this mode of speculation, and shops that have been closed on the same
account are known to all Never
since the founding of the Colony has the number of bankruptcy cases and closed shops been so numerous, as at the present time. Could matters ever have come to such a pass as thing.
at
are
present had it not been for this speculation in house property ? To it
are due the dullnes in trade and want of a market for all kinds of goods, so cha
so, characteristic of business at the present time, although some ignorant people are of opinion that this is due to the Capitalists at Canton willedrawing instead of investing their monagetting