CO129-202 - Acting Governor Marsh - 1882 [7-9] — Page 632

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do not know that if there Capitalists, inebad of with having, had kept on recklessly invecting their funds, the trouble would not have stopped where it has Fortunately the banks ceased investing in time, otherwise they would not have had any money left. Other persons are of ofinion that the evil is due to both the broker

and wealthy

wealthy househo

householders, and this is probably the

are now so

reador.

or why the brokers despised and the wealthy

householders do not enlist thes

I the segmpathies

of any one

one. The brokers who used crafty and specious devices to entice people, have only lost what they

:they made, and

on their

the householders, who relying : wealth, took the initiative, have only - suffered from what they brought " themselves. They had not enjoyed to

when ruin, came, and when sein.

smeets long

thi

may var

warning

The

others not to be the originators of what

is evil : But the real origin of the civil lay not here. If traced to its sources one will not be able to refrain from sighing and bitterly complaining of him in whose hands the control of the whole. Colony rested, for not only had he the power to prevent the evil, but it was only right and reasonable that he should lam suppressed it. Instead of doing so, he declared that the rise in the price of

property in the Colony would cause people to come from Canton, who would invest in property in the Colony, live here, and that the stamp would be increased: Were these words

and

revenue

spoken from the heart? In former days speculations in quicksilver and opium brought no profit, but loss only, (and so ) when the speculation in house property first

commenced,

there was a

a great outcry against it, in hopes that the Governor apon

hearing

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