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Updated: May 2, 2025
London. With China they did, an immense opium-trade, of which the profits were so great, that it was only in private sittings of the B. B. managing committee that the details and accounts of these operations could be brought forward.
A revenue more than sufficient to remunerate Government for the annual expenses of Hong Kong, may be raised on the spot, without hampering its commerce, by taxing the retail opium-trade, the retail spirit-trade, carriages and horses, licensed gambling-houses, rents from public markets, ground-rent on building and other lots, and an assessment on rents, say of five per cent.
A Mandarin who pays for his situation, and is left to make the most of it by squeezing the inhabitants of his district, will give a great deal more for an appointment where an extensive opium-trade is carried on, than he would for any other.
Let me first of all, though, before relating all that befell us during our sojourn on Strong's Island, where I, at least, spent many long, happy months, speak of the Leonora, once the Waterlily, and alias the Luna, the Leonie, and the Racinga. As the Waterlily she was first known, and under that name sailed her maiden voyage in the opium-trade, and beat the record.
His example was soon followed by other parties connected with the opium-trade; and the communication between China, Calcutta, and Bombay is now regularly kept up all the year through, by as fine a fleet of clippers as ever rode the sea, commanded by men who appear to defy the weather.
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