CO129-104 - Sir Robinson - 1865 [1-3] & Acting Governor Mercer - 1865 [3-4] — Page 405

401

that date the legitimate

that

port

of

has been at times hampered, and at times unduly inflated, by

the consequences of fallacions speculation in land, and other enterprises of

aw

equally imaginative character. I protier against the "Companies Ordinance"

because it can lead to no other result

than the encouragement of speculation;

and disastrous as has

as

unhappy

for some years pass frevailed. Nouch of China.

in the

Srich; That having regard to the

situation and commercial conditions

of HongKong it is to be assumed that Companies which

may

be

formed

under the Ordinance would not confine

EX