137
tively immakrial and would as al. stated, we think be cheerfully
ready
paid.
The
system of registration is nothing
new, for in the State of New York (and in other Countries and American States also) no Compa.
nies can do business without a license
from the Government which can
only be obtained after the applicant has
civested a
very large
sum (ui some
cases $200,000 Gold ) in Bonds of the
·State Loan!
ん
We recommend our & proposal
your early and careful consideration
as not only will it increase the Revenue
by doubling the amount required but
you may also be enabled to abolish
all stamp duty on policies or avoid increases of taxation in other directions which bear unduly
on Local enterprise.
We have yo
(Signed) Jardine Matheson C
General
General Agents,
Canton Insurance Office, Lt?
General Managers,
gương
Fire Insurance Coy. Lt
For the Union Sus & Society of Cantor,
(P.) Dinglas Jones,
Act. Secretary
(Sr) W. H. Ray.
Secretary,
China Traders Irisce. Cay. Lt.
Hon : A. G. Mitchell-hines,
Colonial Treasurer.
ہو
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