WATSON'S
Effervescing
LIVER SALT
THE CHINA MAIL.
LOCAL AND GENERAL
11/16d..
To-day's dollar is worth 4-
LOCAL AND GENERAL.
The 5.3. Alicorne," (Capt. Leunghing) cleared for Pakhoi via Hoihow at 5.30 am.. to-day with 100 The Parsee New Year Day falls tons of general cargo. on Thursday 11th instant.
The $.9. "Kaiping," .(Capt.) Bangkok has declared Hongkor Pakhoi at 6 am, today with 250 Pannier) cleared for Haiphong via, to be released from quarantine.
tons of general cargo.
The sa. Kwongtah," (Capt. Stewart) cleared for Canton at 5 a.. to-day with general cargo.
Takata) arrived from Keelung at The s.s. "Kirin Maru," (Capt 9.20 a... yesterday with 1,100 tors of coal for Hongkong.
nor others can est silver, so the silver represents only so many units, af food. Desiring to exchange 500 units of food for 500 units of (say) shoes, he should take to the shoe maker five hundred units in silver, in the ordinary way, for the shoemaker may have enough actual food on hand, and préer what we call "cre dit Credit is accumulated savings, as well as anticipated production or earnings. The rich man gives him a paper certificate showing that he now owns 500 units of the silver in the box. That is how the bank is like a box. All the rich man's creditors: admire the box as well as its contents. because it has defied thieves and is well guarded (by the rich man's here with the 2nd D.C.L.I. has gone servants, who have to be paid) and on retired pay on account of age. they know that it is actually, better sometimes to have a paper certificate of their ownership of $5 units in it Championship will be played for on The Royal Hongkong Golf Club than to have 100 units in their the big course at Fanling in October Stewart) cleared for Foochow via
The 9.5. "Hairan." own possession. But it is
(Capt than that. The shoemaker needs
The sis. "Kirin Maru (Captain tons of general cargo and 3 European Swatow at 3 pm., to-day with 1,700 units in shoes for it. Waat a con- Takata) cleared for Keelung at 5 passengers. venience to give the tailgr a paper ... to-day with a cargo of 150 toas certificate transferring part of the of matches. units: he owns that are in the rich man's box. On his way to the tailor
more
A SAFE & GENTLE APERIENT a shirt, and gives the tailor so many
Making a Pleasant, Cooling & Refreshing Drink,
SOLD ONLY BY
A. S. WATSON & CO., LTD.,
KONGKONG DISPENSARY.
TEL. 16,
-Powell
TELEPHONE 346
SPECIAL SHOW THIS WEEK.
"ST MARGARET"
JERSEYS
Major H, S. P. Simon, who was
The s.S.
Iwamato) arrived from Weihaiwel at onglee (Captain 5 p.m., yesterday with 1,700 tons of
he may be robbed. In any case he would have the fatigue of carrying the sliver. For the tailor doesn't general cargo. need shoes, but accepts units that represent shoes and every other commodity. He can barter them for hymnbooks or carrots.
It doesn't matter if you never get from our banks the Mexican dollars or local currency they have promised
Ltd to pay on demand, because you
JERSEY SUITS & KILTIES
IN ALL SIZES.
KNITTED COATS
WITH
CAPS & HOODS
TO MATCH.
BIRTH..
GELDARY, --On July 25. är Kuling, to Mr. J. F. felduri, of Shang
MARRIAGE..
HONES BONTALL- On
August 30, at Shanghai, Frank Wilther Flares of Idon, to Elly Bentall, of London.
Alice
The China Mail.
** WROTE, JUSTICE, PUBLIC SERVICE,/^^
BCROLONG, THESDAY, SEPT. 9,. 1319.
.MONEY.
The mystery of currency is pro- bably Eke the riddle of the Sphinx, which is another Mrs. 'Arris. Strong men avoid exchange problems chiefly because they are so childishly simple that the solutions which present themselves are rejected in the same spirit as Naaman the Leper rejected the Jordan cure. The strong impression has gained grund that because 2+2 is a mathematical formula, 4 comes too easily to be the
true gt. The "explanations' offered by experts are generally so involved and jargonesque as to con- found the confusion. Banking has far less mystery about it than the business. of growing potatoes, and its functions are as simple as walking A bank is as plain as a box because that is all it is eventually.
coin is only a token devised for con- venience in barter, and a shortage
The
TUESDAY, SEPTEMBER §, 1919,
CANTON NOTES.
WONG YAP TONG MIETS
OPPOSITION.
CORRESPONDENCE.
*MONEY AND BANK NOTES.
(To the Editor of the China Mail.}
Dear Sir, One of the outstanding
Wong Yap Tong, the Chlef peace delegate of the North, now finds his opposed by Ng Pui Fui, the Com.matters in this Colony at the appointment strongly and repeatedly mander of the Northern troops on the present time is undoubtedly the fact Hunan front.
that it is impossible to obtain from our in the South. The administrative tender in exchange for its notes, and Also he finds very little, if any, fav-the premier bank in the Colony legal
Government, headedby Sham Chuen Hongkong on all other places is Directors of the Canton Military he present rate of exchange of howing to this fact and because
Hsun, have just sent a telegram to
of circumstances the average indivi- Owing to the above combination
pay $3 odd per cent in order to obtain small payments finds that be must
Tichi) which arrived from Keching history and present position render of the bank in question are at a The 5.3. "Hoten Maru," (Capting out that Weng Yap Tong's the current price of silver the notes. the President and the Premier point unduly depressed having regard to at 4 p.m., yesterday, brought 1,100 him unit for the post and requesting with the silver currency such notes discount in the market compared tons of coal and 3 bags of mails.
them to make another nomination.
been further postponed. Wong's departure for the Shanghai promise to pay. Peace Conference is said to have
pany bas got a site directly opposite of the bank in question and has to The Kwongtung Tramway Condual who receives payment of com
paratively large amounts in notes the Cacton-Kowloon railway station for its power house and offices, and convert these notes into silver dollars Dr. G. Duncan Whyte of the expects to start building before the subsidiary coins in order to make English Presbyterian Mission of earned holiday. He is staying with government property, is at present Swatow is at present spending a well end of the year. The land, which is Dr. Aubrey.
used for gendarmerie headquarters.
in silver the face value of the notes. T... Canton students are some solution to this problem is that 97 It seems to me the ane and only Mr. and Mrs. V. de Mattos and ceedings to help the anti-lepanese duly depressed it is for the com- times too enthusiastic in their pro long as the exchange rate is so un- The 5.3. "Tean" (Capt. Scott) child are leaving by the Korea boycott. A number of them sawmunity as a whole to refuse such arrived from Canton at 6.45 a.m., Maru" to-morrow. He will be some cases going into the Sincere to-day with 75 tons of general cargo remembered for Shanghai.
as former pro le Company's place and wanted them notes (which are not and never have Governor of Macas,
opened then and there to satisfy at their face value, and only to been legal tender in the Colony) Sangster) cleared for Shanghai at 8 Ota) which cleared this morning, is done that way, and, the students value compared with the legal cur
S.S. "Kwonglee," (Capt.
them that they did not contain The ss."Korea Maru," (Capt. Japanese goods. Business cannot be accept them at their market don't really want them. What you p.m. yesterday with with 1.500 tons due to sall for San want are the units, or credit for of general cargo.
Francisco the
were snubbed. Now they an angry.ency of the Colony which is now units,
via Nagasaki at noon to-morrow and any generally
with 2,000 tons of general cargo.
Messrs. Lo Chi-lin, Huang Wei and bas been ever since the Orders recognizable token equivalent for
chuan and others have recently of a weight and fineness laid down in in Council were promulgated, silver your units will serve your purpose.
But you want your 100 units, and
Suzuki) arrived from Zamarang via and some white and coloured glass made on the 2nd February 1895 and The s.s." Hokuto Maru," (Capt. Factory at No. 16, Nga Yiu Street, of the Imperial Government both organized the Tai Kwong Glass the two Orders of the Privy Council if they try to fob you off with 95,
Balikpapan at 1.50 p.m., yesterday plates as well as different other kinds you want to know why. The people who are now grumbling are those
with 4,805 tons of sugar and general of articles have been turned out as which are set out in the third volume who bave to pay to four different
cargo and 4 bags of mails for Hong-samples. They will raise a sum of of the Ordinances of Hongkong at men 25 units each, and need sub-
kong.
$10,000 to develop the enterprise. Pages 25 and 26. sidiary tokens. They need, in fact,
White sand from Kotong District is small change. It also works this way
used as raw material for the purpose. in trade. The Government itsel! discouraged the chit system. A man goes into a hotel or a store and buys 20 cents worth, tendering a five-dollar note. The trader gives him $4.80 change. The trader takes the note, to change it, and gets $4.85 for it. He has thus got five cents for a twenty-cent article and is all his trouble out to boot. It is the government's fault, and not the banks' fault, that there isn't enough small change to go round. The public is paying the premium of five cents, or losing the discount of five units per cent., for a convenience which their corporate representative and agent, the govern ment, ought to provide as a part of paid for. the function the public have already Subsidiary banknotes would do
The s. "Tean," (Capt. Scott) day with general cargo from Hong cleared for Shanghai at 4 p.m., to- kong and Canton.
being in La: 18 15' N., Long. H11
A derelict junk was reported as 49 E. on August 30, forming a danger to Navigation.
The s.a. "Shimcheong," (Capt. Cordova) arrived from K. C. Wan at 5 15 p.m., yesterday with 100 tons of general cargo for Hongkong.
merville; arrived from K. C. Wan at The s.s." Wasun." (Capt. Sam- 1.30 p.m., yesterday with 90 tons of general cargo for Hongkong.
Bentley) cleared for Saigon at 2 a.m., The ss. "Telemachus," (Capt. to-day with 3,300 tons of general cargo and 6-European passer.gers..
Mr. Edwards, of 34B Natban Road, Kowloon, has reported to the Police that during the past five or six days he has lost a pair of gold- earrings and a gold finger-ring, to the value of $160.
FAR EASTERN CABLE NEWS.
believing that if you want peace, you EIGHTH YEAR INTERNAL LOAN.
I went into the British Army
that if you prepare thoroughly and Imust prepare for war. I believe now efficiently for way, you get war- General Sir F. Maurice.
SHANGHAI, September 8. The President has issued a manda te stating that the Eighth Year In- The first subscription list is for $50, ternal Loar amounts to $2,000,000.
:
The Hongkong Tramway Com pany's traffic receipts for the week000,000. were $15,480 or $119 less than last year. The aggregate receipts for 36 "Chipshing." (Capt. Matthews) cleared for Tientsin via weeks were $529,470, or $36,100 A HUNDRED SUBMARINES FOR Chefco at noon to-day with 2,100 more than the corresponding period tons of general cargo and 2 Europead
The 5.5.
passengers.
The s
of 1918,
CHINA
B
of it interferes with and inconveni-just as well as subsidiary coins, but!
The Naval Board has given an ences the bartering by which we all there are objections. They mean Barkus) cleared for Manila and Iloilo fatal) mine of enteric (five fatal) and
Last week's communicable disorder for 100 submarines from Italy, exat. Fourteen years ago we had more work than they are worth to
Taming," (CapL
ease was six cases of cholera (five at a cost of 30,000,000 francs. too many token coins, and so these the bank, and they get very dirty anjat 3 p.m. to-day with 2,000 tons of/12 of gastroenteritis (83 fatal). In
INTERNAL PEACE. and 6 European
Wong Yap-tong, the chief delegate for the North, gave a reception to the representatives of the Chinese
paper notes were worth more than the coins. A five dollar note was worth about $5.20 or more, because the barterers, other things being equal,
chose the more convenient tokens.
public,
unpleasant to handle for the public.
in
and
general cargo passengers.
The 8.5
Yours faithfully, BLAXTON,
9th September, 1919.
BALAAM'S ABS.
To the Editor of the China Mail] SIR,Considering that asses have, been speaking so often and for so mary years apparently with the ail this fuss about Balaam's? concurrence of the Almighty-why
Yours Enquiringly,
READER.
REVIEW.
The "Marine Oil Edgine. Hand- book."-Temple Press, Ltd., 7-15 Rosebery Av. EC. 1. 25.9d.
The fifth edition of the "Marine Oil Engine Handbook" has just been published. This work, which in its numbers of users of motor craft of previous edititons is known to large. all types, has been throughly revised and new matter added, whilst many
60 that the Handbook is BOW
the subsequent 48 hours we had enteric (one American) and gastro fixed currency unit (as electricians Some day the world will have a the world over have in ohms and Cowan cleared for Bangkok via.
enteritis 15 cases (cine fatal). Kanchow," (Capt..
The Committee and members of and Foreign Press. In a speech, he new illustrations have been included, Our coins are "legal tender" but is,
of power) auperes
that Swatow at 11.30 am. to-day with Saturday (Sept. 13) from 4 p.m., remove the misunderstandings be thoroughly representative of most
the C.R.C. will be our notes are not. This is an over-get
2 sense, what
at Home OD they 600 tons of general cargo and 7 when the tennis and cricket prizes tween the North and the South.
said that he would do his test to sight, and permits the lawyers to dollar, as
when they "fix" the wangle" and
European passengers. ahenannig"; but it always worth the
at Singapore. It is
will be distributed. A tennis match should not affect us, the general of English or American or French the Fanling Golf Course for a sliver
same number
There will be a competition on to whom any dollar. units, the cost of transferring and metal or paper, is merely a guarantee safeguarding being fixed approximate cup, presented by "A Grateful I em that we are entitled to so many units ly to actual cost and not affected as 18 holes under handicap against Lucknow of Arthur William Ward worth of board and lodging, clothes ours is by the supply and demand of
porary Member," early in October,
The death is anounced from and other comme dities.
the metal which happens to be
Bogey. Owing to a shortage of the smaller employed as the medium for the
Professor of Physics at Canning! tokens (coins with which we ex-exchange of quantities of units.
The s.. "Yuensang." (Capt was born in 1858, and was educated College, Lucknow, since 1889. He change our fractional commodity obligation) the people who have do is plain. It should arrange for the 10.30 am. yesterday with 1170 tons Institute, and St. John's College, are on their way to Canton.-Cam About 50 members of the old What the Government should now Kennedy) arrived from Manila at at Liverpool College, Liverpool Parliament have left Tientsin, and five collar bill (token of 500 units), subsidiary them are charging a premium-for a immediate issue of
of general cargo and sugar. She also more they will give us only $4.85, or 15 called
tokens, and this'
brought two European passengers Cavendish Laboratory
Cambridge. He worked
in the mercial News. units less.
depreciation of bank and 20 bags of mails.
in 1883-4. notes (which in no way reflects on
Professor Ward wrote many articles The ss. "Chuenon," (Captain in the Indian Press on educational
questions.
C... and picked players from the as a telegram has been received engineer tells us it is a greatly im Wong will not start for Shanghai modern practice in marine motors of has been arranged between the on September 12, as first stated, every class. A chapter on outboard rest of the League.
motors is included. A Hongkong from Canton refusing to recognise him as Chief delegate.
JON
SO-
McConquodale) arrived from Mid. The ss. "Benrinnes," (Captain. dlesborough via Singapore at 8 a.m., to-day with 600 tons of general cargo for Hongkong. She also brought 3 European passengers and 30 bags of mails.
It is a legal question, purely, the solvency of our banks) would at Jorge) arrived from Hohow yester- whether the Banks have the right once disappear. The job is to keep day afternoon with 1,395 packages to charge our convenience or whim. There enough stage, neither too much (as of general cargo, 200 pigs and 21
this fee for suiting the supply of "change" at the just could be if
no question of it 14 years ago) nor too little as Dow brought one bag of mails.
bullocks for Hongkong. She also their notes legal tender.
had been The present Ordinance forbidding differences (between the money of came too late. The horse was gone Ordinary exchange the export of subsidiary currency one comtry and another) represent when the stable was locked We one place to another. The Banks the cost of carrying the money from still need the horse. might fairly argue that wages have to be paid for carrying money from one part of Hongking to another. Anybody who has travelled in inland China knows" that the cost of the journey was materially increased by the need to pay wages to the coolies who carried the necessary supply of convenient (but heavy) barter tokens
(copper
cash instead
Some local people seem to be worrying just now over the discovery that our Banks are not handing out Mexican or Hongkong silver coins of actual silver.) We should still in, exchange for their notes. If the bave been at the expense
MEMO OF CARGO.
Shipped per Mackinnon, Mackenzie & Co. Agents P. & O. S. N. Co. s.5. Dunera" Voy. 350 Sailed 8/9/1919. London.-350 B/s. Wastesilk. C/s. Silk goods. and ivoryware.
Gibraltar-13 Cis. Silk p. goods 2
of Marseilles.-200 B/s. Wastesik.
idea gets abroad that the Banks can paying for the porterage of silver,
THE OLD CANTON PARLIAMENT.be mentioned that among the many
proved and much more useful book.
For those who are not conversant with the scope of this book, it may matters dealt with are vaporization,
transmission and reversing systems, ignition, cooling, lubrication, silenc ing and starting for marine motors. care of machinery, heavy dil engines, paraffin-petrol engines, outboard mo- tors, types of commercial motor craft, motor winches abd Diesel engipes, whilst there is a chapter on of vessels in port this the screw propeller, and another on the power and speed of fishing vessels.
Practically all the modern types. of marine motor are described in detail, and the Handbook will be found of great value to every user of motor craft, whether it be a large commercial craft or a small pleasure boat,
SHIPS IN HARBOUR.
List
kak, on August 29, Nai Thian Eew British
in the International Court, Bang⚫ morning. gave evidence for plaintiffs in the case brought by the Mitsui Bussan Jason Rajaniyom for a sum of over one Hok Canton Kaisha, Lid, against Phra Anuvatna Yuensang million ticals in connection with a Wasun for plaintiffs will be taken in Hong Arratoon Apear charter. The rest of the evidence Benrinnes Kong, and they have been allowed Haitan ten days in which to frame their Chipshing questions.
Namsang Chiahua While motoring along Teipo Taming here when a Captain with the Hong. Road In the direction of Taipo on Changchow kong Singapore R.G.A. and who Sunday, a party of holiday makers Karchow married Miss Tomes; has been met with a mishap near the Taipo Haiyang Hi. It was almost at the same spot Hermelin gazetted to 2nd grade General Staff where Mr. and Mrs. McKay's car fell Laisang Officer.
fover a precipice, when Lieut. Sykes, Telemachus
On Sunday, while the car was making Taigang R.GA, had both his legs fractured: Phranang
Bt. Lt Col R. D. Crawford, D.S.O., R.G.A who was well-known
Portsaid. Cs. Silk p. goods, 1 Imai arrived from Yokohama via a rather nasty carner, one of the British Isles
not keep their paper promises to pay and for the breaking up and weigh-C/s. Sik and ivoryware. silver on demand, the demand willing of it. If we could have paid in increase, and what is called a "run" paper promises (like banknotes) it may occur. It would be panicky and foolish, for no one stopping to think would doubt the absolute solvency of our banks, and their ability to meet their legal obligations many times over.
it is
would have been worth our while to pay the banks for the greater con- venience so furnished and as we would have been putting those with whom we exchanged commodity tokens to the trouble of coming It will be necessary to consider to the banks to realize, first who wants "local currency" obvious that they would charge us or 'Mexican dollars, and why they for the trouble and expense of the want it. You and I-ordinary pee journey, either by higher prices, or pie-don't want the dollars. We'd by a discount on the banknote. rather have the notes, in the ordinary The inland Chinese would, give way, as handier to handle and less us heavy to carry.
TYPHOON WARNING.
1
The s.s. "Burma Maru," (Capt. Moji at 6 a.m., to-day with 5,871 tons. of through general cargo and 955 tons of porcelain, oak and cotton goods and 19 bags of mails for Hongkong.
Hero
Japanese-
Kairui Maru Kokuto Maru Burma Maru Huten Maru Unnan Maru
Korea Maru Anyo Maru Tango Maru Cheian Maru Nankai Mara Uio Maru Taiwan Maru Masayoshu Maru
Chinese
Shun Cheong Chuen Ozi Tonglee Mo Hon
Kwai Wah Shin Yue Hui Hai..! Wing Hang Chefoo
Dutch-
Ajax Linburg
French
Hanoi
Owing to the present high cost of new marine motors and the difficulty of obtaining them, many boat owners have had to content themselves with second-hand engines, and for the benefit of such descriptive matter relative to old models has been. largely retained, although they are not now manufactured.
CHOLERA IN FOOCHOW.
During the last month there were over 1,500 fatal cases of cholera in Foochow in spite of the application of stringent preventive measures. All the food on the street stalls and in the shops is examined every day. sick persons are Isolated. temporary hospitals have been established in the suburbs of the city and medicine has been given gratis for the use of the sick. The bodies of victims are carefully buried, and the families of the sick ara isolated as well as the sick themselves. Large sums have been spent h preventive measures, administrative funds having been drawn for the purpose.
back wheels gave way. The chauffeur Pheumpeah stopped at once. The occupents of Volute the car were removed to Shatin in a Cornelia car' occupied by the Hon. C'Mel. Melser, onmander Beckwith and Norwegian received at the US. Consulate from noon yesterday with 350 tons of
The telegram quoted below was Sparke) arrived from K. C. Wan atg in the same direction.
The s., "Hok Canton," (Capt. another gentleman who were travell
the Manila Observatory at 6.10 p. general cargo and cattle. She reports
The desire of Sir Rabindranath American: September 8.
Typhoon S.W. of Guam moving between Tien Pak and her destina- as a protest against the methods of China
that on the voyage to K. C. Wan, when Tagore to relinquish his knighthood W. or W.N.W.
tion, she passed two dead bodies quelling the Punjab disturbances is Venezuela (both females) and several lots of junk not likely to be gratified. There is Brooklyn wreckage.
apparently no machinery for divest Tancerville ing repentant knights of their hon-General Alava our, and a baronet may be as bold Brevét Lieut-Colonel H. P. Garand as bad as be pleases without keeping, the cost of transporting and AE you subject to attacks of diar- wood,DS.O., R.G.A., has relinquished fear of consequences to his style and TREATMENT FOR DYSENTERY. transferring from hand to hand.
Keep absolutely quint for his appointment as 2nd Grade Gene title. Sir Rabindranath's request, A man in Hongkongis known to be careful of your diet and take Chamber General on the Adjutant General precedent; though one remembers a of caster, off will affectually euro thabitico ar constipated. You are
a few days. rest in bed it possible, beral Staff Officer, to become Asst. Q. Indeed, is believed to be without very rich. In a strong box which can' This medicins has cured eases of chronic and Q. M. General's Staff Colonel valiant effort by a few politicians to
lain's Colic and Diarrhoea Remedy. be carried round (at some trouble diarrhoea that physicians have failed on, Garwood has served twice in Hong- remain in the Commons when, in the and expense) and which all mea may and it will cure you. For sale By All kong, being well-known, while Ad- course of nature, they were due to see, he has a lot of 'ellver Nor he Che mists and Storekeepera,
jutant Royal Artillery here
ascend to the other House.
only -". 95 units
worth
of rice for the Bank's promise to pay
Just now, with silver dear, a dollar 100 units of anything, the five per
is more than dollar's worth
is worth more than a dollar. There
a
of silver in it. If we could melt it
down and sell it to the workers l'a
silver, we would make a small profit.
Bat the Government would object to that. That is why it forbids the sport of silver coins. Even the silver
cent representing the cost of safe-
CHRONIC DIARRHOKA
HAMBERLAIN'S Colic and Dis
sit stabborn cases of dysentery. It is certain to be much pleased with cham escorially good for summer diarrhea They are way to tako Adf plastant in children. For sale By All Chemiets and effect. For sale, By, Ali Chemists and Starakeepers. S
Storekee
A GOOD SUGGESTION. rhes Remedy followed by a does EY Chamberlain's Tablo.hen