21st July, 1845.
納
堅
餉
銀壹
Nap Caine (LITERALLY) Paid Caine Duty Money 堅 hiang Cain #j (LITERALLY) Caine Paid (him) Daly Mumy
27th July, 1845.
納 餉 銀五 壹百大元 五百元 201: Jul.1845. X500 餉 唠 啤 Caine Duty Rupees
1st August, 1845.
納 堅 餉 銀怕 Paid Caine Duty Money
5th August, 1845.
交 堅 餉 銀式 Keach Caine hiang (LITERALLY) Delivered Caine Duty money 元 百大元 200
8th August. 18.15.
納 堅 餉英銀 Paid Caine Duty English Money 百
11th August, 1845.
堅 餉 銀 Caine Dmy Joacy 壹百元 30 $ 190 117
Amount paid within 22 days, $ 1.6L On the 1st of September following and at other dates, appear entries for sums of $ 100 and lesser amounts
Had I when before addressing your Lordship been aware of the existence of such entries as the foregoing (the Books then being in the possession of the Editor of one of the local papers as stated in my letter to the Clerk of Councils of the 23d December last, per copy attached) I should earnestly have drawn your Lordship's attention to the nature of them, implying as they do that the monies extorted were not taken (as I had erroneously understood) under pretence of obtaining Major Caine's good will, but as legal duties, and thus either at the hands, simply of the Clerk who made the entries, of the owner of the books, or of the miscreant by whose peculations the entries occurred, was the Honourable the Colonial Secretary directly charged with malversation of office to a most serious extent, and in its nature highly disgraceful and injurious to the interests and reputation of Her Majesty's Service generally; and the payment of these monies having been admitted by every one employed about the Market at that time, in the different bearing which the case is thus made to assume, I respectfully submit my Lord, that the whole of my conduct with regard to this business has been highly proper, justifiable, and necessary, and in no way deserving of the hard treatment which I have received.
W-Afoon and Chun-tae-sing were but poor men, and when undertaking to bring $ 7000 into the partnership stock, appear to have calculated upon raising the money among the friends of their respective families, and (apparently credible) assertions are made by some of these relatives, that after having advanced money and taken sub-shares in expectation of getting large returns, the heavy extortion to which they were told they would have to submit, induced them to sacrifice a portion of the monies so advanced and speedily withdraw altogether from the concern.
The heavy extortion of 1600 within the first month after the Market's establishment appears in fact to have completely paralyzed the efforts of the share holders, who being obliged to borrow money at exorbitant interest, instead of getting it through the co-operation of friends in taking sub-shares, consented (as is alleged by the Clerks of the Market) to break up this first partnership on receiving back the monies which they had actually advanced, and on being released from the liabilities which they had incurred in raising money on loan.
This partnership it is believed was broken up or set aside, principally at the instigation of the firm which had entered into a bond with the Government for Wei-Acqui's due performance of the covenants in his lease: The members of this firm :-Fong-Ache, alias Auai, Cheng-Cuucheng and another, borrowed in the Autumn of 1845 the sum of $2000 at the rate of 48 percent per annum, on mortgage of their leasehold property in the Colony; and this money it appears was applied to pay Wei-Aloom and Chun-tae-sing out of the Market; but as the deed of partnership was not cancelled, it is not clearly established that the partnership between them and Wei-acqui was ever altogether broken up: On the 20th Oct 1845 however, upwards of four months after the first partnership had been convened and carried on, a brief document was prepared and signed whereby (without reference to any previous or still existing partnership), Wei-Acqui, Lo-kegn-teen (Major Caine's Comprador) and the before-mentioned members of the firm who ...
PENNTTO 0: S.
21st July, 1845.
納
堅
餉
銀壹
Nap
Caine
(LITERALLY)
Paid
Caine
Duty
Money
堅
hiang
Cain
#j
(LITERALLY)
Caine
Paid (him)
Daly
Mumy
27th July, 1845.
納 餉 銀五
壹百大元 五百元
201: Jul.1845.
X500
餉
唠
啤
Caine
Duty
Rupees
1st August, 1845.
納
堅 餉 銀怕
Paid
Caine
Duty
Money
5th August, 1845.
交
堅 餉 銀式
Keach
Caine
hiang
LITERALLY) Delivered
Caine
Duty
money
元 百大元
200
8th August. 18.15.
納
堅
餉英銀
Paid
Caine
Duty
Enguish Money
百
11th August, 1845.
堅
餉
銀
Caine
Dmy
Joacy
壹百元
30
$ 190
117
Amount paid within 22 days,
$ 1.6L
On the 1st of September following and at other dates, appear entries for sums of $ 100 and lesser amounts
Had I when before addressing your Lordship been aware of the existence of sich entries
as the foregoing (the Books then being in the possession of the Editor of one of the local papers as stated in my letter to the Clerk of Councils of the 23d December last, per copy attached) I should earnestly have drawn your Lordship's attention to the nature of them, implying as they do that the monies extorted were not taken (as I had erroneously understood) under pretence of obtaining Major Caine's good will, but as legol duties, and thus either at the hands, simply of the Clerk who made the entries, of the owner of the books, or of the miscreant by whose peculations the entries occurred, was the Clonourable the Colonial Secretary directly charged with malversation of office to a most serious extent, and in its nature highly disgraceful and injurious to the interests and reputation of Her Majesty's Service generally; and the payment of these monies having been admitted by every one employed about the Market at that time, in the different bearing which the case is thus made to assume, I respectfully submit my Lord, that the whole of my conduct with regard to this business has beet, highly proper: justifiable, and necessary, un / in no way deserving of the hard treut- ment which I have received.
W-Afoon and Chun-tae-sing were but poor men, and when undertaking to bring $ 7000
into the partnership stock, appear to have calculated upon raising the money among the friends of their respective families, and (apparently credible) assertions are made by some of these relatives, that after having advanced money and taken sub-shares in expectation of getting large returns, the heavy extortion to which they were told they would have to submit, induced them to sacrifice a portion of the monies so advanced and speedily withdraw altogether from the concern.
The heavy extortion of 1600 within the first month after the Market's establishment appears in fact to have completely paralyzed the efforts of the share holders, who being obliged to borrow money at exorbitant interest, instead of getting it through the co-operation of friends in taking sub-shares, consented (as is alleged by the Clerks of the Market) to break up this first partnership on receiving back the monies which they had actually advanced, and on being released from the liabilities which they had incurred in raising money on loan.
This partnership it is believed was broken up or set aside. principally at the instigation of the firm which had entered into a bond with the Government for Wei-Acqui's due performance of the couvenants in his lease: The members of this tiren :-Fong-Ache, alias Auai, Cheng-Cuucheung unit another, borrowed in the Autumn of 1845 the sum of $2000 at the rate of 48 percent per annum, on mort- page of their leasehold property in the Colony; and this money it appears was applied to pay Wei-Aloom and Chun-tae-sing out of the Market; but as the deed of partnership was not cancelled, it is not clearly established that the partnership between them and Wei-aqui was ever altogether broken up: On the 20th Oct 1845 however, upwards of four months after the first partnership had been coneveted and carried on, a brief document was prepared and signed whereby (without reference to any previous or still existing partnership). Wei-Acqui, Lo-kegn-teen (Major Caine's Comprador) and the before-mentioned ucumbers of the firin who
PENNTTO
0:
S.
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