In conclusion, I would observe that, after the persevering efforts which I have made during the two years of my administration here, to procure the strengthening of the Defences, and to promote the general interests of this Colony, I need hardly assure this Council that I sympathize deeply with the grave inconveniences to which our Mercantile community have been subjected for some time past in consequence of the protracted Franco-Chinese complica- tious. The general depression of trade has, moreover, led to a serious depression in the public revenuc. But I have entire confidence in the elasticity of our resources, and in the energy and enterprise of this community; and I hope that the return of peace will soon restore the former prosperity and progress of Hongkong.
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