much longer there will
be
You
other
course open to Petitioner but to
eventually declare himself insolvent and
you Petitioner ventures to point out that such a result
in addition to hopelessly ruining your Petitioner
would be most disastrous
as the
for the heavy depreciation in the farm
720
competition
there being from the Straits Settlements would probably be very great; and the fact of your Petitioner having been ruined thereby
would not tend to make others eager to
11.
to compete for it. Your
Petitioner has
conscientiously done
everything
in his power to
carry
out
D
473
out faithfully the agreement
he entered into with the Hongkong Government;
and he would
put his position in the
matter plainly before
Your Excellency did he
feel that it was
not
absolutely
and
necessary perhaps the only way of averting personal loss to the Colony
and
ruin to himself
and a
heavy
and he
has deemed it desirable
Knowing
the unfavorable
effect that such a declaration as that contained
above
might have to defer sending
this Petition to
Your Excellency until
he has had an opportunity
of fully discussing the
matter with the interested
parties