A. H. Wilzer, Twentieth Century Impressions of Hongkong… (1908)
“ As a third step, less taxation and fewer monopolies would tend to give a healthy impetus to trade. These monopolies, such as those on kerosene, on samshu distilled from rice, on salt, &c., are managed by Chinese who pay fixed sums for the privilege and make large profits for themselves. They certainly increase the cost of living in Macao and keep down competition—the soul of trade; but they bring in necessary revenue, and as a good portion of it is spent on making improvements, such as sanitation, new roads, &c., the system has its advantages. ”
