experienced in sect an aggle. vated form The impat trade of the Colony has
impat-trade always been carried on with the
allistance of
the Native Banks.
and hither to the smooth acess mitt which the Chinese system of Banking has worked has been He acconication
of my farcigner engaged in the Import Trade. Now the fact has to be noted, that of the so odd Banks canging
a good sound busionss prion to the recent land speculation Mania. Ast one umacies solvent and the Impat merchants now find themselves cut off from
all
550
All Banking facilities. Du fact
in
pretty much the same position that London would be in, if all the Banks of the Metropolis had love
all their Incant in some Modern Sauth Sea Bubble.
Ite while of the capital of
the
Native Banks, and succ More. Has been lost Through ad-
Until
au
rances to land epeculator, and entirely new set of Men, mitt pest expital come upon the scene, the depression
abour alluded to snust Co. tinice.
Three pars ago this Bank (H.S.B.C) Lent freely to
Chinele
Axed