CO129-258 - Governor Sir Robinson - 1893 [1-4] — Page 459

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doubled. This consideration is in itself alone fatal, in my opinion, to the adoption of the bonded warehouse system.

If on the other hand

7.

we were to adopt the other

· ́alternative, and revert to the

1

issue of licences, it is equally

certain that the change

would

' result in a vast increase in

tion. It is

· the local consumption.

true that it would be to the : interest of all the licensees

to prevent smuggling into

the

the island, and if they

loyally to combine

in

for

were

this

a

:-purpose they might succeed organising as effective preventive service as that of the farmer. In that case

they would by the thorough. prevention of smuggling

a

be in

position to charge as high

1 price for their opium, if it

were their interest to do so, as

to

that charged by the farmer. But it is hardly necessary point out that it would be the

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