476
preparation is manufactured in Hong Kong at the lowest price in the obvious reason that the raw material pays no duty there. How much profit is made by the Monopoly after paying $137,000 a year to the Hong Kong Government is a mystery which it is impossible to fathom; but there can hardly be any doubt that its exactions are based on a very large margin of profit, and that the demand and the sale of prepared Opium and the profits derived from it are yearly increasing with the increase of the Chinese population abroad.
The Commission of Inquiry recommend as the only expedient they can suggest that the Government should establish Boiling Houses under its own supervision, "making these the only places at which it shall be legal to boil opium and charging duty on the drug prepared by quantity or weight." This suggestion no doubt contains the correct principle, but its application would be attended with much risk and expense.
476
preparation is manufactured
in Rong
at the lowest puce in
the obvious reason
Kong for the
that the
Law
material pays
the Monopolicy.
no duty there. How much
profit is
made
by
after paying $137,000
a year Q
to the Hong Kong fovernment
is
a
mystery which it is
there can
impossible to fathom; but
hardly be
doubt that his extentations
any
for
a fender
ae
based on
very large margin of profit,
and that the demand
and
the sale of prepared Opium
and the profits derived from
it are
yearly
increasing with
Whe
✓ the liste of Chinese Empation
and
the
increase of the
Chinese population abroad.
The Commission
of Inging
recommend as the only
И
expedient they
can
suggest
that the Government should establish Boiling Houces
under its own.
supervision "making these the only places "at which it shall be legal
to boil opium
I duty on
and charging
the drug prepared
by quantity or weight. This suggestion
a
no
doubt contains
correct principle, but its application would be attended
with much risk, expence
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