Reference: C.O./133
2
COPYRIGHT PHOTOGRAPH - NOT TO BE REPRODUCED PHOTOGRAPHICALLY WITHOUT PERMISSION OF THE PUBLIC RECORD OFFICE, LONDON
especially of Chin Chew merchants. If to the present moment, no man possessing a considerable property has ventured to engage in the Houghong trade, or to establish a house on the island. To the repeated questions put to men of substance, why they did not carry on their business under a free Government with full protection of their property, the answer has been; that it was more advantageous to trade at Canton or other large cities, and would not answer at Hongkong. We must certainly make allowance for the Colony being still in a state of infancy, but for a thriving settlement with large English houses, and having nothing to fear from the rapacity of the mandarins ought to be a great inducement for large Chinese merchants to come and reside at Victoria. After all the endeavours to fix a Colony of Chin Chaw merchants in our possession, who are the soul of the whole commerce in the Indian Archipelago, matters remain as they were before. The privileges assigned to them by Government, and the facilities afforded, have not made them willing to repair to this place. And yet in our Straits Colonies they come of their own accord, and are only too happy to amass wealth under the British flag, which does not allow extortions. Even at Macao, there have been for many years back three very respectable houses; the managing members of which went over to Borneo to ascertain whether they could not do some business and establish a branch, or remove entirely to Hongkong. But after long investigation, they gave up the idea. There appears to exist a fear of laying out money without a moral certainty of the Returns, and as the trade has first to be created, there is no precedent.
PUBLIC RECORD OFFICE
Reference :---
TITLE C.O./133
2
COPYRIGHT PHOTOGRAPH-NOT TO BE REPRODUCED PHOTOGRAPHIC- ALLY WITHOUT PERMISSION OF THE | PUBLIC RECORD OFFICE, LONDON
especially of Chin Chew, merchants. If to the present moment, ne man possessing a considerabl properly has ventured to engage
in the Houghong
trade, or to establish a house the island. Tb.
the Repeated questions put to min of substance,
avby they did not carry on
their business
under a free Government with full protection
of their property,
the
wer has
been; that it was mert
mati sane
in
the
danne
has always redvantageous at
Cariton or other large cities, and would not wer at Hongkong. We must certainly allowance for the Colony being still in a state of infancy, but got the living settlement with large English Menses, and the having nothing to fear from the Rapacity of the mandames ought to be great inducement for large chinese merchants to come and reside at Victoria, After all the
endeavours to fix a Colony of Chin Chaw merchants in our * possession,
IMEI
who
are
the
16
the soul of the whole amorce in the Indian Archipelage, matters Comain as they before. The privileges assigned to them by Government, and the facilities afforded, have not made them willing to repair to
the
Straits
this place. And yet in our Stivité Colonice
they
comme
of their
own accord, and are
only
too happy to amass wealth under the British
flage
which does not allow extortions. Even
at Macas, there have been for many years back three very despectable houses; the in managing members of which.
me over
to Borghing to ascertain whether they
Hongkong could not here do some business and
establish a branch, or remove,
entirely. But -after long investigation they gave up the idea . There appears to exist a fear of laying out money
without a moral.
- certainty of the Returns, and as the trade his first to be created, there is no mo
frogfect
No comments yet.
Private notes are available after approval.