CO129-203 - Acting Governor Marsh - 1882 [10] — Page 550

I

Confidential

549

Ang Kong 312 October 1882.

Church Phaxager of the Stinging and Shanghai Bank on the subject of the

affach

on the Chrise Commercial

community of the collapes of the speculations in land-

Chave the honour lobe,

My Lord,

Your Perdchips Devak obedient

Fumble Dewant,

March

Administrator

O

My

dear 4. Marsh

to

Some time ago.

#o gan the

C O. 21153

BES9 7 CEC 52,

Jonentioned

the unfortunato position

the great majority of

the Chinese

Merchants and Bankers were in,

and I and again refer to the tubject.

Witt the approach of the China New Year things are coming to a crisis, and it is any afinion that the Mouths of Moo". Dec" - Jand

WUiTMCH

and approaching will

A

!

depression in the hade of the Colony sever Lesfore experienced.