26

2.

It will be observed that

the Governor prefers to leave the pre-

sent system of traffic an the Pearl

River unchallenged, in the expecta-

tion that the trade which is being

carried on under Japanese control

will develop to such an extent that

it can be asserted that the river is

virtually open and that British steamers

should therefore no longer be excluded. while

Mr MacDonald There appears to the Secretary of

there

Stater however, to be a danger that a

piny

considerable vested interest will thereby

be created which it may be difficult

to dislodge,

hêx hand, the

rates charged by those now engaged in

the

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