It is true that the present outbreak seems to be exceptionally severe.
The last serious outbreak was in September 1906, and I have thought that we got over the effects of that cyclone. However, since then, high exchange value rates followed, and the abolition of the revenue from opium has been a matter of concern for the Colony.
I know of nothing that can justify such expressions of deplorable condition in funds. The Colony has barely acknowledged that the situation is requiring due consideration.
RE 614 to whose representations I should acknowledge C.P.L. without comment.
25 Park Lane, W.
4th June
Dear [Name],
As you already know, the Hong Kong Colony is greatly perturbed at the proposal of the Home Government to close the opium houses.
It has been assumed that the action would be immediate. There can be no doubt of the serious difference which would be made in the finances of the Colony by an immediate prohibition of opium smoking.
The Colony is suffering severely from bad trade. The yarn trade with India is in a depressed condition, and the losses both of merchants and dealers are very heavy. Failures have occurred, involving many people in absolute ruin.
The volume of trade in tussore (the trade pass has also been bad) has been inflicted a heavy blow upon all who have their capital invested in the Colony.
Plague and typhoons have accentuated the distress.
I may possibly be seeing Mr. Sale shortly.
Yours sincerely,
Lugard
Page 11/6
u.6
:
it is true that the present outbreak seems to to exceptionally seve
time
wzy
tot.
The last seria
B
oue.
of year.
Sept 1906
for this
cyclone I have thought
got over
the
effuts
a
paund of
the it then wo han
५
nar
especially (to adopt se
Sassoon's notions) since
high exchange voler rates follarod
The abolitio
revreme is
Carzze
for the Colay but
a
of an opium
matter
I know of nothing
justify such expussians deplorable condition in
funds. Itself.
wh the
[
au
Colay
bare ackumiligment.
that the SAS
If anything by and
a
is
requérand
? upl
ar
7
Lugard
present awaiting
the obsa
an
of Sink
he
will
Güven
due considerati.
RE
614
to whose representations
An to the commercial position &prospecti
(
Mo
El. en
Que
18229
h
11/6
I should acknowledge C.PL.
without comment
#
I thithe
an acker from
W
Privati Samling
umes
12
358
25 Park Lang, W.
4th June's
Dear pro [reve,
Assyou already know the HongKont Colony is greatly perturbed at the propiral of the Home Govern next 10
Close the
O prim
houses
-
It has ben
Asarimed that the action would be immediate
There can be no doubt of the serious Hisprence which comed be max in the
finances of the Colony by an immediate
of opium gonium. and Gromed like to lay Iress upon
Artain Considerations which have a Very practical bearing upon this matter
The Colony is Suffering Desionaly from bas trade. The Yarn trade with India isin a depressed Andition & the losses both
merchants & dealers are very heavy. Failures have occurred woolinfoman people in Absolute ruin
Volophage of the trade in tuse
(o
trade pas also been bad)
(by the fallin Silar pas inflicted a heavy
blows upon all who have their Capital invested in the Colony.
(Es Plaque & typhoons han accentuated
The distress
I may possibly be
Mr. Sale
be sufficient
Achdy
11/6
u.6
No comments yet.
Private notes are available after approval.