зоват
HONGKONG, 18T August, 1916.
643
‚eavoĦ FromETTOVOD
anoxy Boll
The undersigned desire to bring the circumstances hereinafter set out to notice of the Government with a view to enlisting its support.
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2. In 1915 a substantial stock of opium was held in Hongkong by the under- . This was being disposed of in the ordinary way.
3. On the 30th April 1915 the Chinese Government appointed a Special Envoy on its behalf in the prohibition of the sale of native opium in Kiangsu, Kiangsi Kwangtung. Overtures were made by the Envoy to the undersigned for the misition by him on behalf of the Chinese Government of their existing stock of He was appointed by special mandate as Envoy for the prohibition of the of native opium in the three Provinces above mentioned and he represented the sale and smuggling of native opium would materially interfere with the in the ordinary course by the undersigned of their opium; that a sale by the ersigned to him of their opium was essential to enable him to effectually suppress sale and smuggling of native opium; and that, if assistance was not given by s of such sale, the undersigned must take their own chance of being able to
of their opium.
The price of opium appeared, at this period, to be likely to improve, but the ment of the Envoy and the representations made by him left the undersigned tion but to comply with the terms of purchase put forward by the Envoy and he was practically able to dictate.
4. After short negotiations an Agreement was entered into on the First bler 1915. A print thereof is enclosed,
It provided for the purchase on specified terms of 1,200 chests of opium of cl 806 chests were actually in Hongkong and the balance of 394 chests were to btained from Shanghai.
The Envoy insisted on a full 1,200 cheats being given him. As this number not in the possession of the undersigned in Hongkong it became necessary to File that they should be at liberty to obtain the deficit from Shanghai,
5. The opium was to be taken delivery of by instalments as specified in
6 of the Agreement. Payment was to be made on delivery. It should be Hasized that the price arranged did not cover interest, godown rent or insurance
Pavey declined to recognize these items when fixing the price.
6. $500,000 was deposited by the Envoy as security for the performance of obligations.
This sum was not to be resorted to prior to the First March, 1917.
7. The Agreement was signed by the Envoy in his official capacity and was
on behalf of and was binding upon the Chinese Government.
8. Deliveries of opium were-with more or less regularity-duly taken and for by the Envoy until February, 1916,
9. On the assassination of the Envoy the Chinese Government appointed his
Tsai Hao Yuen to succeed him,
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