auction stocks. The commitments of the banks amounted

to 40,000,000 taels (say,£6,000,000), of which share of

Hong Kong and Shanghai Bank is over £800,000.

Substitution of uncertified for certified opium

391

would encourage smuggling and afford no remedy, while sus

pension of sales even temporarily would undoubtedly pre-

judice future enforcement of agreement with China, but

situation seems to demand some alleviation.

If sales were

suspended it might be perhaps possible to arrange with

Chinese Government that balance unsold this year should

be added to next year's fixed import.

Every possible pressure has been exercised on Yuan

Shih-kai and the Government generally. They are, I be-

lieve, quite sincere in their desire to uphold opium

agreements, but they have not power to enforce them in

Cheklang and parts of Fukien, where there are strong

anti-opium societies which practically ignore instruc-

tions from Peking.

(Sent to India).

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