CO129-104 - Sir Robinson - 1865 [1-3] & Acting Governor Mercer - 1865 [3-4] — Page 404

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because the powers and privileges of Limited Liability which it confers upon

this Community

cam

no other

find encouragement of

ouder than the enco

unsound speculation

on the basis of

schemes, which cannot be, for

Most

part,

the

beeter than illusory,

inasmuch as no

legitimate scope

for the combination of Capital exists in this Colony. That communities uv

this

part of the world are not less ready than those elsewhere to plunge into reckless speculation, is a truth in evidence of which I adduce the occurrences which have taken place at Shanghai since the Sew avill attempt

to

year 1889 demy

that since

EX

2