G. F. Davidson, Trade and Travel in the Far East
“ A decisive proof of the eligibility of Hong Kong as a place of trade, and of its importance in the eyes of the Chinese themselves, is afforded by the immense sums paid by some of them for ground on which to build Hongs, where they can deposit their goods with safety, beyond the reach of their grasping Mandarins. This advantage to a China-man is something so new, and so far beyond any thing he ever dreamed of enjoying, that I conceive the benefits likely to accrue from it to Hong Kong to be incalculable. ”
