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amongst the local Chiness, which has prevented them purchasing

raw opium and thus causing a complete diɛorganization of the Trade and * violent decline in pricɛ, reɛulting in much loss to

the Poreign Merchant and a general want of confidence in the

future.

Finally, we would wish to point out that British intereste

are ec widely and heavily involved in the opium trade that the

whole question should be approached with the uimet gravity.

Before the British Goverment involve themselves in further

diplomatic action with the Chincee, conclusive proof should be educed to clearly shew that the Chinese Authorities are mut only

well intenti ned, but have taken rteps at least proportionately equal to those being taken by way of curtailing the production

by the British Goverment.

It may not be out of place to here give a few of the most important interests connected with the trade which will suffer

and to emphasise the serious blow that will rogult to British Cosmeres if the opium trade is to ceass in the course of a few

years :-

1.

A loss of over Five million pounde sterling to India

on the sale of Raw Opium alone.

2.

A heavy blow to British merchants engaged in the trade.

3.

A heavy loss to stemmer owners, mostly British, se

4

5.

nearly all opium is carried in British bo ttomg.

A heavy loss to Fire Insurance Companies, mostly

British, who insure whilet it lɛ stored upon land.

A heavy lose to Marine Insurance Companier, metly

British, who insure raw opium whilst it is being

carried on ship board.

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