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expedition should be successful.
in
dictating peace at the gates of Peking. The French themselves
admit that a march on
would now.
Peking - : require a larger
expenditure and a larger force
than France could well spare ;- of
that is, the cost of an army not less than forty thousand (40000) men of all arms, with the recessary transport and naval and military establishments. ~ Failing an attack on Peking, it w generally held that the French
should
should have confined themselves to completing and consolidating their occupation of Tonquin
The prolonged hostilities and the general uncertainty as to
what further movements and changes may take place, are of necessity, very damaging to the interests of British commerce, which already possesses seventy (70) per cent of the entire trade of China, and to the revenue and prosperity of Hongkong, which is
the naval and commercial centre
of
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