360
China to Hongkong and the New Territories, and to take effective measures to prevent prepared Opium being so exported.
The price of prepared Opium in Hongkong, owing to the enormous rental paid for the Opium Monopoly, varies from $3.30 to $3.50 per tael while the price of prepared Indian Opium in Canton is only $1.46 to $1.53 per tael and of prepared Native Opium $1.11 to $1.18 per tael. It will be readily understood, therefore, that the principal difficulty the Opium Farmer has to contend against is the smuggling of prepared Opium into Hongkong and the New Territories from China.
7.
With regard to the second proposal, it is unnecessary if the first is granted. Nevertheless I would urge that it should not be conceded without some compensating advantage being first obtained.
I would respectfully draw Your Lordship's attention to the fact that this Government, without being consulted in the matter, has been seriously compromised by the decision of His Majesty's Government to restrict the export of Opium from India. This action necessitated the addition at the eleventh hour of a proviso to
360
China to Hongkong and the New Territories, and to take
effective measures to prevent prepared Opium being so ex-
-ported.
The price of prepared Opium in
Hongkong, owing to the enormous rental paid for the Opium
Monopoly, varies from $3.30 to $3.50 per tael while the
price of prepared Indian Opium in Canton is only $1.46 to
$1.53 per tael and of prepared Native Opium $1.11 to $1.18
per tael. It will be readily understood, therefore, that the
principal difficulty the Opium Farmer has to contend
against is the smuggling of prepared Opium into Hongkong
and the New Territories from China.
7.
With regard to the second proposal,
it is unnecessary if the first is granted. Nevertheless I
would urge that it should not be conceded without some
compensating advantage being first obtained.
I would respectfully draw Your
Lordship's attention to the fact that this Government
without being consulted in the matter has been seriously
compromised by the decision of His Majesty's Government to
restrict the export of Opium from India. This action
necessitated the addition at the eleventh hour of a proviso
to
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