286
Hong Kong, being a free port, imposes no duties on the import or export of merchandise into and from the colony.
The value of these imports is altogether impossible to estimate, as there is no establishment of any description to ascertain the extent and value of the trade of the port.
From the returns furnished to me by the Harbour Master, I find that $6,022,578, equal in sterling money to £1,254,708.15, were exported from hence during the year, being principally in return for opium received by the merchants from India. This fact alone will tend to show that the colony cannot but be of very considerable importance to the firms engaged in this species of speculation.
The following table shows in pounds sterling the amount of imports and exports in Chinese vessels during the years 1847 and 1848, drawn up from statements furnished to the Registrar General by the Chinese traders and dealers.
Imports Exports 1847 £498,239.0.0 £169,446.17.6 1848 £328,792 £236,298.19.2 Increase £66,852.1.6 Decrease £169,447.0.0The export of sugar from the colony, which amounted in 1847 to £144,827, has increased in 1848 to £147,936.15.0, showing an excess over 1847 of £3,109.15.0.
No great dependence can be placed on these statements, for with the view of preventing all interference with the native traders, and of giving every encouragement for them to resort to this port, no regular returns of the imports or exports are required; and these returns have therefore been compiled from statements given in by the local traders.
But as regards the item of sugar, there is reason to apprehend that the return is correct, the Registrar General reports the...
286
Ho
merchandise into and-
from the
the bolony.
The
value of these Imports it is altogether
impossible to estimate, as there
is no establishment.
of any description to ascertain the extent and
value of the Frade of the Port.
From the Returns furnished to me by the Harbour Master, I find that_
I
$ 6,022,578, equal in sterling money,
to
£1,254,708.15 were exported from hence
no doubt
during the year, being fouincipally in- return for Opium received by the
merchants from India . This fact alone will tend to show that the Colony
cannot
but be of very "the firms engaged in this species of
considerable importance to
speculation
___
The following Table shows in Pounds stirling the amount of Iersports and exports in Chinese vessels during the years 1847 and 1848, drawn ups from statements furnished to the Registrar Gennial by the Chinee
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Fraders and Dealers.
Imports. Exports.
1847.
s. J. L
1848.
s.
498239-0-0 169,446.17.6
Increase. Decrease,
a d£
s. d
328,792.
226, 130. 16.8 236,298.19.2 10,168 « 2 «6|
The export of sugar from the Colony,
which amounted in 1847 to L. 144.827, has increased. in 1948 to £147, 936. 15.0, showing
aw
excess over 1847, of £. 3,109. 15.0.
No
To great dependence
call
be placed
of preventing
on these statements, for with the view all interference with the Native Traders, and- of giving every encouragement for them to resort to this Port, no regular returns of the Imports or Exports
required; and these Returns have therefore been compiled
are ever.
from statemento g.
6 given in by the local Khaders,
there is But as regards the item of sugas, reason to apprehend that the Return is conect . the Registrar General reports the
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