55
that the owner has only a right to the
property mentioned in his deeds. Both these
points, the second of which has been urged as
a justification for demanding that frontage
licences shall be taken out, have been strongly
and, on the whole, successfully opposed.
clearly there is a danger that the Chinese
Government may distort Hongkong action and use
it as a precedent for pressing their arguments,
But
thereby achieving ultimately the complete
exclusion of foreign merchants from the water-
front.