Opium. Ree Ordnance 5 of 1845 - Regulation's
of 19th July 1947. Ordnance No. 4 of 1853 -
there been se
The Revenue derived from ... will be found in the appendix page. This system continued until 1858 when
an Ordinance was passed which made a strict monopoly of the preparing of Opium for sale, and report, and as will appear
from the table referred to, the proceeds obtained from the first farmer amounted to £4500.6.8. The Opium Revenue Increased yearly - up till 1865, when there
was a considerable fall. The Export trade had got into the hands of five
Chops - And these five shops made a
Combination to keep the monopoly in their own hands and they hawked it for consumption, but not an ounce did they
allow any person to send from the Colony except what they themselves had prepared
and that only under fees which were quite prohibitive. The five shops were called the Ping Hee, Lai Un, Fuk Sing, Ching ding and Chun in. The partners of these shops formed a Syndicate or Company
which they called the Yan too company. The name or other name of the Masters of one of the Shops was put forward by the Company