450
opium; (2) that the revenue derived from opium is an important item in the budget of the Colony; and (3) that under the agreement of 1886 arrived at in pursuance of article 7, section III of the Chefoo Agreement of 1876 between Great Britain and China, and of section 9 of the additional Article thereto of 1885, the Government of
Hong Kong
has contracted certain obligations towards the Empire of China in regard to the prevention of the smuggling of opium from the Colony into China.
As the second of
5.
these considerations lies within a small compass, it may be convenient to dispose of it first. The present farmer is believed to be making large profits, and there are grounds for anticipating that when his revenue...
I