3

33

!

2.

" settlement between France and

China causes -general satisfaction at Hongkong in the interests of

"Trade."

In several previous_

] despatches I have reported that the

very

extensive trade of this Colony has been suffering severely in consequence of the protracted Franco- Chinese hostilities; by the French blockade of several parts of the Coast of China; by the detention and search of British Merchant ships by the French Cruizers; and

in

གན

in other

ways.

that, owing

I have also reported

to the depression of

Trade, the Public revenue

of this.

Colony had also suffered serious depression. It is, therefore, natural that the prospect of an early restoration of peace, (of which I was informed on the 8th instant by Her Her Majesty's Chargé d'Affaires at Peking) should produce general.

satisfaction among

3.

the mercantile

ommunity of HongKong.

It is also natural that

the apparent readiness of France to

make

1

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