CO129-249 - Governor Des Voeus Acting Governor Barker - 1891 [1-5] — Page 474

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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E

lesses amounting

in the whole up to the

present date to upwards

of $85,000.

2.

That your Petitioner is aware that other Grantees of the Opium Farm have frequently experienced considerable losses during the first year of the period they have held the grant, and that they have recuperated their losses and have sometimes made large profits during the last two years that they have held the opium privileges.

3. That your Petitioner, however, cannot foresee any probability whatsoever of his being able to recover his said losses or to make the opium farm remunerative if it is to be continued upon the present terms, and to show his belief in the correctness of this assertion, he is prepared, should Your Excellency wish it, to hand back his Grant to the Government and to bear the heavy loss that has hitherto been incurred, provided that Your Excellency will release him from any further liability to the Government in the matter from the day of December 1890.

4.

469

The intention of your Petitioner when he tendered the large amount he did for the farm, which intention was recognised at the time by the Secretary, was...

Dir

41

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E lesses amounting in the whole up to the present date to upwards of $85,000. 2. That your Petitioner is aware that other Grantees of the Opium Farm have frequently experienced considerable losses during the first year of the period they have held the grant, and that they have recuperated their losses and have sometimes made large profits during the last two years that they have held the opium privileges. 3. That your Petitioner, however, cannot foresee any probability whatsoever of his being able to recover his said losses or to make the opium farm remunerative if it is to be continued upon the present terms, and to show his belief in the correctness of this assertion, he is prepared, should Your Excellency wish it, to hand back his Grant to the Government and to bear the heavy loss that has hitherto been incurred, provided that Your Excellency will release him from any further liability to the Government in the matter from the day of December 1890. 4. 469 The intention of your Petitioner when he tendered the large amount he did for the farm, which intention was recognised at the time by the Secretary, was... Dir 41
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E lesses amounting in the whole up to the present daté to upwards of $85,000. 2. is That Petitioner your aware that other Grantūs of the Opuim Jarm have frequently experienced considerable losses during the first year of the period. they have held the grant and that they have recuperated during which their losses and have sometimes made large profits during the last two years that they have held the opuine privileges. 3. That- you Petitioner however cannot forese any probability whatsoever of his being able to recover his said losses or to make 4. 469 the opium farm remunerative if it is to be continued upon the present- terms and to show his of belief in the correchiess this assertion he is prepared, should You Excelleney wish it, to hand back his Grant to the Government and to bear the heavy loss that has hitherto been incurred provided that You Excellery will release in from any further liability to the Government- in the matter pot from the day of depletuber 1890. The intention of your Petitimer when he tendered. the large anuunt he did for the farm which intention was seguised at the time to the Struble the Dir 41
2026-05-26 19:28:13 · Baseline
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E

lesses amounting

in the whole up to the

present daté to upwards

of $85,000.

2.

is

That

Petitioner your aware that other Grantūs of the Opuim Jarm have frequently experienced considerable losses during the first year of the period. they have held the grant and that they have recuperated

during

which

their losses and have

sometimes made large profits during the last two

years

that they have held the opuine privileges.

3. That-

you

Petitioner

however cannot forese

any probability whatsoever

of his

being

able to recover

his said losses or to make

4.

469

the opium farm remunerative if it is to be continued upon the present-

terms and to show his

of

belief in the correchiess this assertion he is prepared, should You Excelleney

wish it,

to hand back his Grant to the Government and to bear the heavy loss that has hitherto been incurred provided that

You

Excellery

will release

in from any further liability to the Government-

in the matter

pot

from the

day of depletuber 1890. The intention of your

Petitimer when he tendered.

the large

anuunt he did

for the farm which

intention was

seguised

at the time to the Struble

the

Dir

41

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