38
worth considering has been offered in lieu of a Stamp Duty.
I cannot however concede that because we have ... unwise AND ... might be made the reason is
17. I may ... of such a power sufficient surely shown for declining to use it at all; nor do I ... be the ... regarded ... why a stamp duty should ... as more liable to abuse by Government than other modes of taxation.
On the contrary, it admits of ready adjustment to the requirements and special circumstances of the place.
16.
It is ... any ... oh ... taxation. quite clear however, and is indeed admitted on all sides, that an Revenue must be speedily increased, and. I think, with the arguments on both sides placed so fully before Your Lordship in the accompanying printed documents, See enclosure ... fail to show that ... scheme ... Ave 3.
I add that such topics as the injury to business, and threatened abandonment of Hongkong as a principal Dépôt of these seas, in consequence of the proposed very light duty of about or nearly on its business transactions - adverted to in some speeches at a Public meeting, and dilated on in one of the Newspapers here, are justly ridiculed by the principal Firms. That is not the danger which they feel in the proposed tariff, but they dread its extension hereafter.
I attach slight weight to
18.
an argument which would reject a principle, sound and useful in itself, because it ...
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Page 39
(OCT
38
worth considering has been offered in liur
of a Hamp Duty.
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I cannot havever concede that
because
ve a.......
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might be made
reason is
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17. I may
of such a power sufficient
churely shown for declining to use it at all;
nor do I
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regarded
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why a stamp duty should
as more liable to aluse by Ganument than other modes of lavation.
On the contrary, it admits of reader adjustment to the requirements and special circunstaners
of the plow shane
place
16.
H
It is
any
ohu taxation.
quite clear however, and is
indeed admitted on
all sides, that an
Revenue must be speedily merased,
on best.
and. I chinst, with the arguments on sides placed so fully before Your Lordship
ao
Your
in the
canne
accompanying printed, documents, See enclosure fail to su that
Mo
scheme
Ave 3.
add that such to
topies
as the
injury le business, and threatened abandonment
of Hongling as si principal Dépôt of these
seas, in Cause
commercial)
equence of the are per
proposed very light duty of about or neil on its business transactions-
adverted to
meeting,
some
transactions - Though
speeches at a Public
and dilated on in one
of the
Newspaper here, are jusity rediculed by
the
principal Pirms. That is not the dounger which they feel in the proposed tariff, but they dread its eclension hereafter
I attach slight weight to
18.
a
argument which would reject a principle, sound and useful in itself, because it
OCT
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