I
Confidential
549
Ang Kong 312 October 1882.
Church Phaxager of the Stinging and Shanghai Bank on the subject of the
affach
on the Chrise Commercial
community of the collapes of the speculations in land-
Chave the honour lobe,
My Lord,
Your Perdchips Devak obedient
Fumble Dewant,
March
Administrator
O
My
dear 4. Marsh
to
Some time ago.
#o gan the
C O. 21153
BES9 7 CEC 52,
Jonentioned
the unfortunato position
the great majority of
the Chinese
Merchants and Bankers were in,
and I and again refer to the tubject.
Witt the approach of the China New Year things are coming to a crisis, and it is any afinion that the Mouths of Moo". Dec" - Jand
WUiTMCH
and approaching will
A
!
depression in the hade of the Colony sever Lesfore experienced.