19
change.
In abolition of the tax on opium altogether would be a yet farther improvement.
Hitherto the monopoly checked the retail trade. The farmer cannot refine and, looking for his profit as a monopolist drug, raw and prepared, at a higher price here than sold at Cursingmeen.
The large houses make sacrifices to discourage larger sale of opium here. Whenever native smugglers bring a large quantity, the great houses glut the Colonial Market at a reduced rate. The opium so sold follows the smuggler to his port, and he finds he has lost by his trip to the Colony. This manoeuvre not only discourages him but upsets operations here. It is practised to prevent an open traffic; prices would otherwise be laid down for the said Houses, and they could only look out for competitors.
They keep a moderate proportion of the traffic to the coast, where they have no competitors. Were it not for this, the coasters would bring away not opium alone, but other goods. Opium is sold at Namoa for dollars, and the whole vicinity thence supplied; districts are discouraged from seeking the drug.
Sugar-growing, as shown above, has greatly decreased since the fleets last year. Piracy and the destruction of the fleets are a grand local obstruction to the opium trade of the Colony; still the large houses who inflate this coil on it do no more than make a legitimate use of their capital. Other causes have considerably broken up the monopoly enjoyed by them till a few years ago.
Page 360
19
change.
In abolition of the tax n
altogether would be a yet farther improvement -
Heutofore the monopoly checked
the petail trade. The farmer
own refines and, looking for his
para el
as a
cv as
his
monopolist
drug, raw and
price, kept the drugs/
prepared, at a higher price here than
نہیں ہ ہی نہیں کرو میزنم
sold at
رج الله تاریخ اول نوشته
Cursingmeen.
The live
• great houses make
sacrifices to discour
discourage
جیسے
larger sale of
opisem here . When ever native smugglers
Zany
hence
رویی
lange quantity, the great-
houses glut the Colonial Market at a reduced pole. The opium so sold &
rate.
follows the smuggler to his port, and he finds he has lost by his trip to the Colony. This
manouvre not only discourages him but upsets operations here. It is
practised to prevent
an
open traffie;
prices would otherwise be laid down for
the said Houses, and
they could only
ރ
look out for
An Am ced.
A
360
moderate proportion of the
it is, they
An
traffic to the coast,
competitors.
aleng
قیم پر کیسے جملے تم سے
تھر کی
they keep the +
where
they
have
No
Were it not for this, the coasters,
ce: tars line, would bring
cary Away
us sugar
not opium alone, but picass
goods. Opicem
Opicem is sola at Namox for dollars,
and the whole vicinity thence supplied);
districts are discour.A.
discouraged, the dru
Sugar-growing above shewn, from seeking the
although the navigation is easy
has
is greatly decreaseder since of the fleets last year.
the
0.0
dong here,
An di
piracy
the destruation
This is the
a grand
local obstruction to the opiume trade of the
Colony ;
still the tie houses who infleat-
than make as
this coil on it do no more
legitimate
use of their capital ._ Seam
other causes
and oth
have considerably broken
up the mone poly enjoyed by them till a fero
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