176
205
Company will therefore have no cause to complain of un fair treatment if the ap- plications of Messrs Meyer_ and Company and others ~ who may hereafter apply for sites on the island of Hong- Kong for a similar purpose favourably entertained, and in the absence of any such grievance their objections to competition in the oil trade should not, I submit, be
are
con
a moment. I,
sidered for a
am
am
strongly of opinion that monopolies should be dis- couraged and especially such a monopoly as that which~ Mess. Samuels and Company
appear to be desirous of ac- quiring and which, if establish
ed, would involve a
great have.
of
ship on the poorer classes the community to whom oil is a necessary commodity.
The result of the absence of competition is clearly seen at the present time the price
oil
of