CO129-258 - Governor Sir Robinson - 1893 [1-4] — Page 455

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed
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454

sum him to pay a large sum for the farm but it obviously tends also to restrict local consumption. An apprehension is expressed in the despatch under reply that the farmer may lower his price in the hope of making a larger profit by means of an increased consumption.

There are no grounds for this apprehension. Those of his customers who are well to do would not smoke more opium if the price were reduced, and the remainder have only a limited amount of money to spend under any circumstances on the drug. It is clear therefore that while a reduction of price would induce a larger consumption by the latter class, it would diminish and not increase the total of the farmer's profits. His receipts being the same, his profits would be decreased in any case.

4.

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2026-05-26 23:48:45 · NVIDIA / meta/llama-4-maverick-17b-128e-instruct
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454 sum him to pay a large sum for the farm but it obviously tends also to restrict local consumption. An apprehension is expressed in the despatch under reply that the farmer may lower his price in the hope of making a larger profit by means of an increased consumption. There are no grounds for this apprehension. Those of his customers who are well to do would not smoke more opium if the price were reduced, and the remainder have only a limited amount of money to spend under any circumstances on the drug. It is clear therefore that while a reduction of price would induce a larger consumption by the latter class, it would diminish and not increase the total of the farmer's profits. His receipts being the same, his profits would be decreased in any case. 4. $1
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454 sum him to pay a large the farm but it obviously for tends also to restrict local consumption. An apprehension. is expressed in the despatch " under reply that the farmer lower his price may in the hope of making a larger profit by means of an increased consumption. grounds for this apprehension. Those of his There are no customers who are well to do would not smoke more opium opium if the price Avere reduced, and the remainder have only a limited amount. of money to spend under any purchasing circumstances on the drug. It is clear therefore that while a reduction of price would induce a larger consumption by the latter ~ class, it would diminish and not increase the total of the farmer's profits . His receipts being the same in his profits would be decreased any case 4. į $ 1
2026-05-26 23:48:45 · Baseline
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454

sum

him to pay a large the farm but it obviously

for

tends also to restrict local consumption. An apprehension. is expressed in the despatch " under reply that the farmer lower his price

may

in the

hope of making a larger

profit by

means

of

an

increased consumption.

grounds for this apprehension. Those of his

There

are no

customers who are well to do would not smoke more

opium

opium if the price

Avere

reduced, and the remainder

have only

a limited amount.

of money to spend under

any purchasing

circumstances on

the drug. It is clear therefore that while a reduction of price would induce a larger

consumption by the latter ~ class, it would diminish and

not increase the total of the farmer's profits . His receipts being the same in his profits would be decreased

any

case

4.

į

$

1

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