Dear Sir,
Shanghai, 27th June, 1907.
We beg to bring to your notice the following:
Some of the Chinese opium dealers here have received information from their constituents in Nanking that the Viceroy there intends granting the monopoly of the Opium trade in Nanking to a few dealers, who will only be allowed to import opium there. So far, no official notification has been issued, but as there is every probability of its coming into force at any moment, and subsequently a similar monopoly is intended to be given here and elsewhere, we think it advisable to lay the matter before you so that immediate steps may be taken to stop its being carried into effect.
Such monopolies would prevent other dealers from participating in the Opium trade, thus destroying the healthy competition and thereby crippling the business and causing heavy losses to importers who will be at the mercy of the few who hold the monopolies, as regards prices, &c.
It would also be greatly prejudicial to the interest of the Indian Government if such a scheme is permitted to be enforced, specially in the present unsettled and unsatisfactory state of the opium trade owing to the action of the Chinese Government in closing up the public smoking dens, and importers, in view of the further uncertainty of demand from those who would hold the monopoly, would curtail importation, which would mean a material reduction of their purchases from the Government of India's monthly sales.
We therefore beg to request you to be good enough to take immediate action and oppose the movement, and if necessary, to communicate with H.B.M's. Minister at Peking, as it is a contravention of Article X of the Treaty of Nanking of 1842, which provides that British Merchandise having paid the regulated Customs and dues, such merchandise may be conveyed...
Page 372
(27th June 1907)
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Page 373
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(the rest of the text is not provided in the original snippet)
However, to follow the exact format requested:Dear Sir,
Shanghai, 27th June, 1907.
We beg to bring to your notice the following:
Some of the Chinese opium dealers here have received information from their constituents in Nanking that the Viceroy there intends granting the monopoly of the Opium trade in Nanking to a few dealers, who will only be allowed to import opium there. So far, no official notification has been issued, but as there is every probability of its coming into force at any moment, and subsequently a similar monopoly is intended to be given here and elsewhere, we think it advisable to lay the matter before you so that immediate steps may be taken to stop its being carried into effect.
Such monopolies would prevent other dealers from participating in the Opium trade, thus destroying the healthy competition and thereby crippling the business and causing heavy losses to importers who will be at the mercy of the few who hold the monopolies, as regards prices, &c.
It would also be greatly prejudicial to the interest of the Indian Government if such a scheme is permitted to be enforced, specially in the present unsettled and unsatisfactory state of the opium trade owing to the action of the Chinese Government in closing up the public smoking dens, and importers, in view of the further uncertainty of demand from those who would hold the monopoly, would curtail importation, which would mean a material reduction of their purchases from the Government of India's monthly sales.
We therefore beg to request you to be good enough to take immediate action and oppose the movement, and if necessary, to communicate with H.B.M's. Minister at Peking, as it is a contravention of Article X of the Treaty of Nanking of 1842, which provides that British Merchandise having paid the regulated Customs and dues, such merchandise may be conveyed...
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Shanghai, 27th. June, 1907.
We beg to bring to your notice the follow-
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Some of the Chinese opium dealers here have received information from their constituents in Nanking that
the Viceroy there intends granting the monopoly of the Opim
trade in Nanking to a few dealers, who will only be allowed to
import opium there. So far no official notification has been
issued, but as there is every probability of its coming into
force at any moment, and subsequently a similar monopoly is
intended to be given here and elsewhere, we think it advisable
to lay the matter before you so that immediate steps may be
taken to stop its being carried into effect.
Such monopolies would prevent other dealers
from participating in the Opium trade thus destroying the
healthy competition and thereby crippling the business and
causing heavy losses to importers who will be at the mercy of
the few who hold the monopolies, as regards prices,&c.
It would also be greatly prejudicial to the
interest of the Indian Government if such a scheme is permitted
to be enforced specially in the present unsettled and unsatis-
-factory state of the opium trade owing to the action of the
Chinese Government in closing up the public smoking dens, and
importers, in view of the further uncertainty of demand from
those who would hold the monopoly, would curtail importation,
which would mean a material reduction of their purchases from
the Government of India's monthly sales.
We therefore beg to request you to be
good enough to take immediate action and oppose the movement
and if necessary to communicate with H. B. M's. Minister, at
Peking, as it is a contravention of Article X of the Treaty of
Nanking of 1842, which provides that British Merchandise have
paid the regulated Customs and dues such merchandise may be
conveyed
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