1
́=FRIDAY, JULY 26, 1918
SHIPPING
P. & O. S. N. CO.
ROYAL MAIL SERVICE
UNDER CONTRACT WITH HIS MAJESTY'S GOVERNMENT
TO
MARSEILLES AND LONDON,
TAKING PASSENGEN and Caroo! TO
STRAITS, COLOMBO, INDIA, AUSTRALASIA, EGYPT, 20.
Steamers to.
Leave Hongkong
Culembo
Noon
Connecting Mail Steamer from Colombo.
Dus Marseilles
Due London
When Passangers change Stainers at COLOMBO
LONDON LETTER.
THE CHINA, MAIL:
(From Our Own Correspondent.)
LONDON, June 7.7
THE EXCHANGE OF PRISONERS.
Acommodation in the connecting Steamer from COLOMBO is definitely reserved in it is to be hoped that the conference
Blongkang at the time of Booking.
On the Australian Route Tickets Interchangeable with Orient Line.
SAILINGS DIRECT TO
SHANGHAI, MOJI, KOBE AND YOKOHAMA.
8. 5.
Leave Hongkong About
Padaung we may travel by Railway in Japan babween Porta of Call free of charge.
Non-
SILVER A DOLLAR "AN OUNCE FOR 30
YEARS.
The following letter from Mr. Moreton Frewen, a well-known' authority on the
INTIMATIONS
subject with which it deals appeared in MITSUBISHI SHOJI
the London Financial News" of 27th. Alay. The "Ficancial News" called special attention to it.
KAISHA, LTD. (Mitsubishi Trading Co.) COAL, GENERAL IMPORTS nád
EXPORTS.
SOLE PROPRIETORS OF
TAKASHIMA, GOHI. MUTARE,
`KISHWAKE... KUSHIKOTANI,
HOJO, NAMAZUTA, SATO, KANADA, SHINNEW, KAMIYAMADA, BIBAI, and OYUBARI COAL MINES
AGENTS FOR SAKITO COAL
Head Office :-TOKYO.
SEEPPING
PACIFIC MAIL S.S. CO.
U.S. Mail Line
OPERATING THE NEW FIRST (LASS STRAMKESHA
" ECUADOR.” “VENEZUELA * And = **COLOMBIA,”
14,000 Tons esch.
HONGKONG TO SAN FRANCISCO, vis BHANGHAI, KORE, YOKOHAMA and HONOLUĻU.
The Sunshine Belt.
The most Comfortable Route to America and Europe.
Ballings, tram. Hongkong at Noon.
8.8. "ECUADOR".. 8,8. "COLOMBIA" 88 "VENEZUELA'
---
WEDNESDAY, Aug. 14th, 199 -WEDNESDAY, Soph. 11th Iškay- ................WEDNESDAY, O. 9th, ¡ISTR
These Steamers hare the most modern equipment including overband. alectric fans and electric lighting ALL LOWER BERTHS and large comfortable Staterooms (All single and two berths only).
The Safety and Comfort of Passengers is our first consideration. Special care le given to the exisine, and the attendance an passengers canes be surpassed.
just begining at The Hague as to a further "exchange of prisoners will result in the release of many were of our poor fellows who have been reficed almost to shadows by the vile Buches. Tond Newton, who has been in charge of this matter, has Fit up an explanation that has ens perated the public to a high degree, for we are all sick and tired of the traditions and hide-bound regula- tions of the permanent officialdon by which w? have been ruled. So there has been some very plainction on behalf of silver for nearly twen
r years That this generation will never
is a safe prophecy.
The question of oxchanging our German prisoners --ke--the-British
On 18th September last, silver touched Finterned in Germany is a sore one $30 per ounce, at which price the silver at this time, for we are beginning the rupee was worth rather more than is. 8d. To-day, at a trife less than to look askance at the hesitating and 491, the rupee is worth is. ed., and allowing for freight and insurance home tender methods of our Föreign Office.perhaps a penny, lee. But for Lord Whereas the Germans have been Reading's absurd attempt last Nov- ember to bay the American silver pro- proved to have tortured, starved and duct for se cents an ounce to supply the maltreated our men, we have been critical needs of the Government of oddling, or Huns with, sloppy enti-India, we should by this time have had silver, merely because of "demand and mental humanitarianism. The power supply at id. which is the rupice of reprisals on the German mind has owing to the outery in the
at Sold
and in the "New York only fitfully been applied. Thenitore Bun by perfectly disinterested
"ilver dea! the Reading
Writers, was aborted. and we now have dollar silver silver at a dollar an conce I I shouki parhaps explain that when the silver situation was set out last December in those columns and in the "New York Sun Branches and notified, the fovernors of the mining and the Far-Western press, was thes States (most ably led by Governor Boyle, Nagasaki. Karatan. Wakamatan. Meft, Representatives - of Nevada) went to Washington, and on their representation the price at which Kure, Kobe, Osaka, Tsuruga, Nagoya, the Government there sold its Bland Tokohama, Tokyo Hakodate, Muroran, dollars to the Government of India was arranged at 6 dollar an ounce The Otarn, Vladivostock, Paking, Tientzia, present writer pressed insistently for Dairan. Tsinanfi, Hankow, Shanghai, H price 15 cents higher, and explained the Taipeh, Hongkong. Canton. Haiphong. advantages of the higher price to A Financial
Committee in the India Offes Mania, Singapore. Calcutta, London FAR-OF CAPITAL... Boyle could do at Washington in this However, a dollar was bes: Govercor
and New York. the very first effort of international
the
INTERMEDIATE STEAMERS Trashipment speaking indeed, and Ton Newtou see silver lower thna a dollir an ounce
IN ADDITION TO THE ABOVE MAIL STEAMERS,
WILL LEAVE DIRECT FOR
MARSEILLES AND LONDON, Calling at SINGAPORE, ORT SWETTENHAM, PENANG, COLOMLO AND PORT SAID,
CARRYING 1 and 2nd SALOON PASSENGERS AT REDUCED. RATES.
STEAMESA
PROPOSED SAPUSOM I
Leare H'KONG
abect
Lov S'ronz about
Dua b MARILLES
Due
of calling
LONDO bout
לנוגוגל
THE INTERMEDIATË: SERVICE IS TEMPORARILY SUSPENDED.
I
WIRELESS TELEGRAPHY FITTED ON ALE STEAMERS. AllCabins are fitted with Electria Fans free of charge and ench Berth Furnished with an Electric Reading Lunsp.
Owing to the War in Europe Steamers and Sailing dates are liable to be cancelled or altered without notice.
NOTICE TO CONSIGNEES,
Canaigrees are reminded of the necessity to apply to the Company's Agents cegarding arrival of consignments expect 1cf which they have received documents or advice.
Any damaged packages must be left in the Godowns for carination by the Consignees and the Company's Surveyors. Messes Goddard and Douglas, at 10 a.m. on Mondays and Thursdays. All claims must be prosented within for days of steamer's arrival bere, after which date they cannot be recognised. No Claims will Se admitted after the goods have left the Godown.
For Farther Information, Passage Fares, Freights, Handbooks, Dates of Sailings tc., apply to
P. L. KNIGHT,
Acting Superintendent
NIPPON YUSEN KAISHA.
(JAPAN MAIL 8.8. CO)
SAILINGS FROM HONGKONG SUBJECT TO ALTERATION.
DESTINATION
Shanghai, Kobe &
Yokohama Nagasaki, Kobe Yokohama Shanghai, Moji &
Kobe
STEAMER & DISPLACEMENT
HI
SAILING DATEX
Inaba Mara, 12.600 tons SAT., 17th Aug., 11 am [* Iyo Maru, 12.30 toas WED., 4th Sept., 11 a.m. (Tango Maru, 13,500 tons SAT, 17th Aug. 11 am |*Nikko Maru, "0,600 tons SAT, 14th Sept., 11 am.
Taisho Mara, 5,090 tons SUN, 28th July.
London or Liverpool via S'pore, Colombo, Delagoa Bay & Cape Town Melbourne via Manila Zamboanga, Thursday Is., Townsville, Brisbane, & Sydney
New York via Shanghai, Kobe.
Yokohama, San Francisco. Panama Canal ·
Bombay via Singapore, Malacca,
& Colombo
Calcutta via Singapore, Penang &
Rangoon
{'Omitting Shanghai and/or Moji.
any
will be accomgeuded at The Hague by Sir George Cave, the Home Secretary, and 24 distinguished General. The trouble is really that the War office is against a geomplete exchange-all our prisoners for all of "Theirs -no" dombt on the ground that we work thereby release fiermans it for service. But the [French and Italine, have bu ne Sach quals about their country men, and moreover, if we release more than we receive, the halange of disadvantage in feeding them will be against the Germans,
Cable Address P Hongkong:IWASAKI".
Canton, Haiphong "IWASAKISAL". Codes:-AI, A. B. C. 5th Ed.,
Western Union and Eestisy's.
Tickets are Interchangeable with the Toyo Kisen Kaisha and the
Canadian Pacific Ocean Services Ld For further information, rates, literature, sobedules etc, apply to
COMPANY'S OFFICE in Alexandra Bafidings,
Chater Road.
Tacarrow# 141
BANKS
BANF8
HANDEL
TONGKONG & SHANGHAI
TEDERHANDSCHT NE BANKING CORPORATION.
RESERVE FurDĞ
£1,500,000/$15,000,000
$15,000,000
MAATSCHAPPIJ
(NESSKLADE Trading SocÈTT)
Eperationen 1824.
Sterling
Silver
19,600,000
Reserve LaakHINT OF PROFEIETUKS sutarty
$34,500,000 $14,000,000
AUTHORISED 75,000,000= (£6,250,000
CAPITAL
FAID-DZ
COCET OF DIRECTORA. Hon. Mr. P. E. Holyoak-Chairman,
It may have seemed an anpatriotic act on the part of those of as who tried to upset the 85 cents an ounce purchased proposed by Lord Reading--but was it? We have now stabilised the previous Agency for THE OSAKA MARINE G. T. M. Edkins, Esq.-Deputy
1}
פזרה!
to
which gives the Government of India sixteen penny rupee at eighteen ponce,
couple of millioris sterling more annually that is not a fiftieth part of the benefit from its sales of council bills here. Bub the great rise in silver has brought For to India. Ever since the war broker the Government of India appears to have been obsessed by the absurd idea how hest to keep the price of silver down, instead of allowing it to rise tiamboyant In this it has utterly failed, and the higher exchange rate for the rupee, the tael, and the Mexican dollar will now gloriously expand
f *
export trucies
800,000,000 of small customers.
We shall pre- gently, kee China which has been Germany has about 4,090 civilian
in the years past buying our sovereigns prisoners," as: against about 20,000 with 8 taels, buying them with 3 tais
in which case China, will be 8. voracious Shall at red Germans in England. Ger- customer for our fabrick, and wo many is understood to be willing to build up rapidly a vast China. trade. Bat while that is England's advantage equal from the rise in silver,, what of India! exchange rank for rank an total of military men, but will not man and America Quite the contrary. Doug the lose anything by reason of nur schunge any civilis unies in mass silver in 1915 was lower than 93d, a —that is, we to give 90.000 Genoa ounce, and is now or 25d. an for 4,000 English.
ounce higher Mr. Barrison's estimates" E silver bullion in India brought up to date show that there is about 390,000,000- of silver in those hoards. So that the advance of sed. an ounce in silver in cer F301,050,010 to the stored thrift of three has added, while they slept.
years the poorest of our fellow citizens of the Empire!
U
"So frightfully re
civilians suffering at Rubleben and elsewhere that public opinion is entirely in Lavour of this unequal exchange, The vast mass of our people would be delighted to get all the Huns out of England, and the only people to really squeel under such an arrange ment are the Hun prisonens in our keeping, for they have been having a fine time, literally eating their heads off."
*
AINH -
& FIRE INSURAVUR CO., LTD.. OSAKA.
Particulars, apply to
S. KAWATE, Manngir. “S No. 14, PEDDER STaxar, Horatore,
-MARTIN'S
SA PIOL & STEEL
SALOON PILLS
A French Ramady tovall TYTRENLANILIBAL Thounia » Ladies sinayı kap a ben MADAKTA TIDE SA the bounk, ku thac in lõm desk le of way locularity of tu System a timely dega may be acoulastuend Trees wich se the rereiden patch cha banca lhalt inn KAMŠANA, GA AR Carriers anch› Simnas mad ibuna
Istorehead (ha.. Wold, de maat, hoe MARTIN, Chemist, Houthampton Hug
MARTIN'S
APIOL & STEEL SERPILLS
METALS
Let us visualise this colossal donations of all kinds, especially for shipbuilding so relutanetly accepted by the India and engineering works. Largest and Office- donation shout ten times best assorted stock in the Colony. greater than India's National War last year. Great Britain's prose annual income is estimated at £2,500,000,000; India's at £300,000,000 The advanes
Chairman,
R. H. Dodwell, Esq. E. V.D. Parr, Faq, C.S. Gabbay, Esq. A. Plummer, E, Hon. Mr.
.D. Landale, Hon. Mr. E. Shellim.
W. L. Pattenden, Esq.
1
-
-Chier MaxaGINE,
Hongkong-N.J, STABB, Esq.
MANAGER!
· Shanghai-A. G. STEPHEN, Esq.
LONDON BANKNES-LONDON COUNTY AND WREMINSTER BANK, LIMITED.
HONGKONG-INTEREST ALLOWED.
Ou Current Account at the rate of Two per cent. per auqua on th daily balance
" OF FIXED DEPONITE —
For 3 months. 24 per cent. per annum.
19
13
整
M
N. J. STABB,
"Chist Manager.
"Hongkong, March 22, 1918.
HONGKONG SAVINGS BANK.
THE business of the stove Bank is Touted of the HONGKONG
AND SHANGHAI BANKING COR-
GAFIZAL
RESERVE
FUND
50,000,000= (£5,000,009
-1.1,595,451 — (2 906,730) HEAD OFFICE---Á KÖPEKEDAN, „Branches at
The Hagga
Robber dam
HEAD AGENCY-BATAVIA,
Branches at
21
BANDJARMASIN. BLIDOING,
CHERISON,
Dr
DJDEJAKARTA, Kota Bandas MAKASSAR MADAXY PADANG, PALEMBANG, PEKALONGAY PRAND PONTIANAKS
RABOOK,
SAMARANG,
SHANORAL,
SINGAPORE,
SOURARAIL
SORBAKARTA (Solo)
TERING
Throat (Del?
TELOK BATONG, TILATJA
Correspon-toute st. Bombay, Colombe, Rigon, Haiphong, Hanoi, Amoy, Voks Mada, Pondicherry, Caloutta, Bangkok. hama, Kobe, Melbourne, Sydney, New York San Breaction, đại ti
LONDON BANKES The Unter of London and Smiths Bank, Limited.
The Bank buys and sale and receives Bor collection Bills of Exchange" lancio Letters of credit on a Branches and Correspondents in the But, as the Continent, in Great Britain, Americi and Australia and beasts brafting business of every description.
J. F. VAN RIES,
"Manager.-
Hongkong. Sept. 23, 1917.
FORATION. Bulos may be obtained on THE YOKOHAMA SPECIE
SINGON & CO. application
INTEREST on deposits is allowed on the minimum monthly balances at 21 PHONE 618. PER CENT per annum. Depositors
WAI KEE.
in silver presents Fadin with a whole
(ESTABLISHED A.D. 1880). year's gross income. If we press for BING LUNG ST, ward, if we do not weary in well-doing- because of nasty things said of us in a nasty Press, then this nightmare of the silver market, now for forty years handed over to the manipulation of a small
tha group of silver speculators-from
and the atter breakdown nightmare the world will have been avoided. For it cannot be too often put gold standard" firanes mechaniste on record that unless we send Inuin silver enough, she will drain our gold reserves dry. Roughly, the present te touse a storm, for the men mostly position of the silver market is as fol- want to settle at home, and not où lows:
LAND FOR THE SOLDIERS.
Another matter for present critic is is the scheme for directing the emigration of soldiers to different parts of the Empife after the war. way this is being done is likely
of
Our
the terms the Government-at premiues 160,000, oz., of which
Gross production from the world's
The Silversmiths take 150,000.000 oz. India reeds and will need 180,000,000
FLAG & SAILMAKZE,' No. 128, Des Yeux Road Central, Top Floor, ECNGKONG
Telephone No. 1833.
BANK
*BANK, LTD.
ESTABLISHED 1880.
may transfer at their option balances of $100 or more to the HONGKONG AND ACCEQRZINO CAPITAL...Yen' 48,000,000,00
SHANGKAI BANK. to be placed on Pam vs Capitan... FIXED DEPOSIT at 4 PER CENT. - Raamera Fund, ..
per saum.
For the Hongkong and Shanghs.
42,000,000.00- 23,100,000.0B/
HEAD OFFICE-YOKOHAMA,
BRANCHES AND Ammerta A
NEWSWANG
New Yoax 'Oraza'
PAKIN
Banking Corporati.
N. J. STABE...
Chief Manager.
BOMBAT
Hongkong May 14, 1918.
617
· Buenos“ AYKEN
CALCUTTA
[396
CHANGCHUT
THE
CHARTERED BANK INDIA, AUSTRALIA & CHINA
OF
DAIRER (DAL)
Randcon
Faiotza (Muxdax San Franchos
HANKOW
SEATTLE
INCORPORATED BY ROYAL CHARTER
1853... BRAD OFFICE, LONDON,
HONOLULU
Smirant
HAT
KAI YO
Kon
BOEKARATA
£7,200,000 £2,000,000
$1,200,000
LONDON
·LOS ANGELAN
TONS MANILA NAGY
STORY
TORTO
„TENANIU
TARPTAU
subsidiary currencies, say BANQUE INDUSTRIELLE DE
QZ.
Atrics news and will need 80,000,000
94
Other 0,00,000,0z.
Tequired groos 440,000,000`oz Silver deficit, z80,000,000 oz.
CHINE,
sent offers "The laws being chiefly made by landowner and lawyers, the suspicion exists among the sokliem that the landowners want to retain ail their great pleasure estates and will try to shunt thein either into farm golonies on remote moors or Practically we must call on North SUBSCRISED CAPITAL... France 45,000,000
unionies" overseas. America to furnish us with 280,000,000 A Cr VARTAL to the
****22,500,000 ounces more silver. It will require Against this they are kicking. They silver at an ounce for many, many(1/3 of the Capital, ie, Franes 15,000,000
subscribed by the Government of say they have earned a part of Eng-years to fill this Curtain gulf, and until land and mean to have it. It is it is done our trades will be severely the Chinose Republic).
FOR DATES OF SAILING APPLY AT THE COMPANY's
OFFICE,
uwuy
*Wireless Telegraphy.
HONGKONG-VICTORIA B.C. SEATTLE
VIA
Manila, Keelung, Shanghai, Nagasaki, Kobe, Yokkaichi, Shimidzu & Yokohama. the magnificient and splendidly equipped Operated Passenger Steamers Fushimi Maru," Suwa Maru,” Kashima Maru" and "Katori Maru,,, each of over 20,000 tous displacement
Next Bailing from Hongkong:
* Suwa Maru, - WEDNESDAY, 14th August, at 11 am
Fushimi Maru. WEDNESDAY, 11th Sept. Omitting Manila Eastbound
For further information apply to
NIPPON YUSEN KAISHA,
B. MORI, Manager
handicapped by the "crime of 1873."
HEAD OFFICE!
There is further and all important: Ohairman of the Board likely therefore, that alter soine tur- moil, measures will be introduced to reason for silver at the old. exchange of Directors ANDEZ BETHELOT
rate of three table for a sovereign and General Manager......... J. PEENOTTE. ensure the purchase of stull bold that 15 to 1 tatio from which silver was ings at fixed prices all over the so wantonly degrund in 1873. Dyer is the aby product of both lead and, copper country and the settlement of mines. Give us silver once more at le, an ource and we shall immensely expand soldiers on them on easy terms.
both lead and the production of
copper. two metals of great industial import- ance whether in Peace or War. "Dearer silver means cheaper lead and copper and spelter, and immense activity in the mining, smelting, and reduction of these important metala..
COUGHING INTO CONSUMPTION *Only a Congh" but stop I while it is ONLY a cough,
you
WATERBURY'S METABOLIZED COD LIVER OIL COMPOUND
The finest preparatios' madd for combating severe cong
GURES Any congni inat le "only a cough. Very pulambie" OF ALL CHEMISTS
PRIUA SI 2024 225
BABY'S GREAT-DANGER
74, Rue Saint-Lazare, PARIS, BRANCHES : PEKING;
SHANGHAL” TIENTSIN, HONGKONG.
'BAIGON, HAIPHONG; YUNNANFOU..
BANKEES E.
FAID-UY CAPITAL
MILETY OF PEO- BESKY FUND REKEITI
FRIXTOES FOREIGN EXCHANGE and Geners] Fanking business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shortar periods at rates which will be quoted on application.
T. C. DOWNING,
Manager. Hongkong, May 7, 1917.
THE MERCANTILE BANK OF INDIA, LIMITED
In FRANCE Bociété Générale pour Authorised Capital
favoriser le Développement de Subscribed Commerce et de Industrie en Paid-up Francs
Reserve Fandom
In LONDON: London County & West
mineter Fank,
In NEW YORK Redmond & Co.
Correspondents in the chief com mercial centres of the world.
water burr Telegraphie Address CHIBANKIND.“ evert allowed on Current Accounts
BANKERS.
£1,500,000 1,125,000
582,600
630,000
· BANK OF ENGLAND. LOSTON JOINT STOCK BASE, LIKITED,
བ*་་་
Brary description of Exchange bus transacted.
DURING EOT WEATHER; More little ones ne during the hot weather than at any other tim of the cholers Rear Diarrhava, dysentery, infantum and stomach troubles conte without warning, and when a medicine is it at hand to give help promptly the short delay the frequently means that the cblid has passed beyond sid: Baby's Own Tablets the Canadian children's and Fixed Deposits in Eccal Currency.
TNTEREST allowed mode = Current rersedy; should always be kept in homes and in Gold. Terms on application.
Every description of Ranking sod Accounts as per cent per andur where there are sung children Exchange bunces transacted. Wri on Daily Balance and on Fixed Deposits, occasional dose of the Tables will poola facilistes for French.exobanger, at rated which may he ascertained, on
M ROUET DE JOURNELappifcation.
Mánager Mi
pravim stomach
trouhin
ne if the treble cimex sudd-nly the prompt use of the Tablets may save the baby's life. They are sold by medici denlure, or y mail at 60 tente a vial, From The Dr. Williams Medicine Ca 56 Szocha Band, Shanghai.
HONGKONG, BRANCH: Qaben's Buildings
Tel 2440 By Chater Bcad: Hongkong, April à Lékárny 1206
SEIOSK
Internt allowed on Current Accortada. Deposite received for fixed periode ae rates to be obtained on application.
EISHI ONO Manayor
Hougtong, 11 March, 1918,
NOTICE
HIGH-CLASS PRINTING
BOOK BINDING
DONE
THE CHINA MAIL OFFICE
BOOKS & FAMPHLETSASPEDIALTY
Prospectusos,
CHAMPKIN, ** Antino Maarom. Hoi Cheena Rod Central,
O8 1917
Clean
rinted.
Pronty and prompt deliver