October 19, 1909.

REVIEWS.

Buddhism. Au Illustrated Quarterly Review, Printed and pablished for the International Buddhist Society by the Hanthawaddy Printing Wo ks, Rangoon. THIS is the first number of an illustrated quarterly review. the forthcoming appearance of which was announced some months ago in Rangoon. The magazine is published under the direction of the Buddhasasaua Samagana, or International Buddhist Society, whose headquarters are in Rangoon. The objects of the society are aujextɔnsion of the knowledge of the tenets of Buddhism, and also the promo tion of the study of Pali, the language in which the Buddhist scriptares ware originally written. The programme of the magazine is summed up in a supplement to the first number as follows: -(1) Articles on Buddhism by the best authorities; (2) translations from the Buddhist scriptures;(3) rare Pali texts; (1) general literary matter, poetry, eto. (5) Buddhist archælogy ; | (6) reviews of works on Buddhism; (7) notes of interest to Pali students; (3) review of the position and progres of Buddhism; and (9) correspondence.

! The first number consists of some 170 pages, excellently illustrated, and the above-mentioned supplement explaining the objects of the society. The Editor is Auanda Maitriya, a Scotsman converted to the Buddhist faith, and undoubtedly a man of a very different class from those who have made the name of modern Buddhism one

to be received with

suspicion in England and America-especially the latter country. Buddhism has most certainly we think, a great future in the West strange though this statement may sound alike to those who know little about it or those who know eul of its a tiquity. The International Buddhist Society hopes to be the starting point of a strong movement in the West, Who shall say no? The promoters are with at a doubt sincere, and strive to justify the text which they have made their motto-Sab‘a Danam Dhammadanam Jinati, "The Gift of Truth for the Law) excels' all other Gif s."

C

i

The contributor to whom the place of honour in the first number is conceded is Sir Edwin Arnold, who has a poem on

The Golden Temple," the Shwe Dagon Pagoda of Rangoou. Lying though he was, "stricken, and blind and sorrowful," the author of The Light of Asiu sends a charming and sympathetic poem in reply to the request made to him from Rangoou. Baddhist Ethics" are treated by the leading British expert on the subject, Professor Rhys Davids. Dr. Ginseppe de Lorenzo discusses "Buddhism in Shakespeare." The Editor writes on "The Faith of the Future," "Ia the Shadow of Shwe Dagou,' on "Nibbana "--it is to be noticed that Sanscrit forms, such as "Nirvana," are carefully and rightly avoided- -as well as supplying a poetic "envoi, aud, we suppose, the bulk of the news and notes. Other articles are those dealing with "Animism

23

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or Agnosticism? an able contribution by Maung Po Me; with "The Women of Burma," by Mrs. Hla Oung, Hon. Treasurer of the Society; with Pafi Examinations," by Taw Sein Ko; and a translation by Dr. Karl E. Neumann, Professor of Pali at Vienna, of The Instruction of Bahnlo." Altogether the contributions comprise a very strong array of modern Buddhist writers.

CHINA OVERLAND TRADE REPORT.

tourists in this part of the world, and is a very readable little volum›, containing, as it does, aa

as a role

interesting account and description of all the Captain Lloyd is an experienced traveller, ant points worth noting during a trip to Canton.. ably describes the beauties of the trip, the subject of his book, pointing out the escape the notice of the ordinary tourist. many points of interest which

will be surprised at the many points of beauty There will be many who, on reiding this book and interest they missed when taking this trip. The book also contains many reminiscences and anecdotes referring to the various places passed as the little volume is well supplied with ex- on the river, and are all entertainingly t I, and

cellent maps and charis, as well as some very handy form, its value is much enhanced, so that good photographs, and is of a very neat and it should find a ready sale among others bes des

'globetrotters."

NORTH CHINA INSURANCE COMPANY, LD.

to the twelfth ordinary general me sting of The following is the report for presentation shareholders, to be held at the Offices of the Company, No. 10, The Bund, Shanghai, to-morrow, the 13th October, at 4 p.m.:-

the annexed duly audited statement of the The directors have pleasure in submitting company's accounts to the 30th June 1903.

1992.

An interim dividend of 4 per ceut., aggregat

ing Taels 45,283.02, was declared on the 1st May last, and after deducting this amount from the balance of the working account, there remains a sum of Taels 148.357.25, which the directors recommend should be appropriated in the following manner :---

A final dividend of 4 per cent. on paid-up capital.

A bonus of 10 per cent. upon contributory pr. mioms.

Tuels 40,000 to the credit of the reserve fund. And the balance to be retained to meet further liabilities.

LIABILITY ACCOUNT. As the balance of Taels 214.688.33 to the credit of this account is

largely in excess of our estimated requirements, the directors 100,000 should be transferred to the reserve fund.

further recommend that Taels This, with the Taels 40,000 above referred to, will increase that fund to Taels 500,000.

1903.

The balance at credit of working account to the 30th June amounts to Taels 271,559 82.

DIRECTORS.

Messrs. G. A. Matthews, W. Meyeriak, A. McLeod, and John H. Osborne resigned their seats on the Board upon their departure for Europe, and Messrs. C. M.Dyce. A. Zickermann. H. R. Kinnear, and W. H. Poate were invited to fill the vacancies thereby created.

All the directors retire in accordance with

the regulations of the company, but being eligible, offer themselves for re-election.

AUDITORS.

record the death of Mr. Augustus White, who It is with great regret that the directors has acted as one of the auditors of the company during the past quarter of a century.

The accounts have been andited by Messrs. Wrightson and Wingrove, and their term of services to the shareholders. office having expired, they again tender their

By order of the Court of Directors,

WH. GEO. BAYNE, Secretary.

The accounts are as follows:-

BALANCE-SHEET, 30th June, 1903.

Dr.

A few pages of Buddhist bibliography are appended as part of the supplemeat. A fairly comprehensive list of European and American works is given; but among them we fail to find Samuel Beal's Catena of the Chinese Buddhist Classics, or the same author's more recent Texts from the Buddhist Canon. But the list is professedly incomplete at present.

As a magazine, considered apart from its To capital account: -5,000 shares at £25 religious teaching, Buddhism is an excellent production, well illustrated, and got up in a way which does great credit to the Hanthawaddy Printing Works. Sold at two rupees a copy, it is really wonderfully cheap and deserves to sell widely. It should certainly be bought by all in any way interested in Buddhism, either doctrinal or historical.

From Hongkong to danton by the Pearl River. A Book for the Globetrotter. By Captain C. V. Lloyd, of the s.8. Hankow. Hongkong: Daily Press Office!

THIS is the latest addition to the guide-books for

|

=£125,000,0,0 at 2a. 4d...

To reserve fund

To working accouut 19 2:- To exchange fluctuation account..

Amount broug it for- ward from below Deduct Interim share di-

vidend.

Tae'x.

1,471,428.57 360,000.00 31,859.11

'Cr.

By cash on current and dep st docounts

in Shanghai

By Chinese Imperial Government loan of

1886 (E. issue)

By Shanghai Municipal loaus

By Shanghai Land Investmont Co's 5

per cent, debeatures By Shanghai Land Investment Co.'s 6

per cent, debentures

By changhai Waterworks Co.'s 6 pe: By Shanghai Waterworks Co.'s 5 per

cent. debentures

coat. debentures

By Shanghai and Hong kew Wharf Co.'s By Shanghai Mutual Telephone Co., Ld. By mortgages on property in Shanghai. By London freehold premises By London brauch-Ba'ance, cis.:-

Cash at bankers British Government secu-

rities

6 per cent, debentures

Indian Governme it secu.

rities

‚£5,19) 17 1

19,65 6 6

18,094 6 11

Colonial Government secu-

rities

26,989 17 4

10,844 14 7

Chinese Government 5 pr

cent. loan of 1896. Chinese Imperial Railway

5 per cent. loan of 1599... 4,793 0 0 Japanese Government 4

per cent. loan of 1899 ... 8,745 2 0 English Railway securities 5,228 16 1 Indian Railway securities 18,743 14 0 Canadian Pacific Railway

5 per cent, mortgage de- bentures Furniture accounts--Lon.

don an i Manchester. Promis outstanding, bills

receivable, policy stamps and drafts in course of colloction

Less -Due to sundries

5,593 15 0

270 0 0

7,103 19 4

£132,180 8 10 1,824 3 7

By balances at branchos By furniture at he.d office and branches By sundry debtors

289

Taels:

200,030,84

16,500.00 11,060.000

6,759.25

69,984.65

9,600,00

20,140.00

10,362.2) 400.00 113,000.00 323,947.25-

1,117,839,39

6:,502.67

1,930.94

48,143.60

Taels 2,104, 141.89

WORKING ACCOUNT, 1002.

Dr.

To net premia

To interest..

+

To transfer and certicate fees

Cr

Taels. 611,779.72

63,28 1.50

78.00

Taels 675,121.22

Taele. 10,604.06

By charges at head office, branch & agencies 180,103.51 By agency commissions

By directors' aud auditors' fees By inome tax........

By depreciation furniture account By losses and claims

By balance carr ed forward

Dr.

To net premin To interest.

To rausfer and certificate fees..

Cr.

4,900.00

9,776.12

221.88

325,815.48

193,640.27

Taels 675,121.22

WORKING ACCOUNT, 1903.

Taels.

360,958.40

33,464.93

30.00

Taels 408,453.33

Taels. 5,060.24

72,679.03

2,450.00

3,258.31

53,416.18

271,589,82

By agency commissions..

By charges at head office, branches and

agencies

By d rectors' and auditors' fees By income tax

By losses and claims By balance carried forward

Taola. 402,153.33

The Ustasiatische Lloyd publishes a telegram dated Yokohama, 12th October, which runs thus-There is absolutely nothing in the report that war has been declared between Japan and Russia. The negotiations going on between the two nations are being carried on with the greatest calmness. The following proposal is now under negotiation : Russia will evacuate Manchuria, but will reserve for herself the right to bring back her troops whenever riots, etc., endanger the railroad officials. She concedes to Japan the same rights in Cores], should say Japanese be in danger through the same causes. Russia agrees to Japan com- mencing to build railways in Cores starting from Masampo, but there is nothing known about Japan having occupied Masampo, “About 214,688.33 fourteen days ago the Japanese squadrou, 3,742.00 which has been on a cruise, anchored at 2,485.78

Masampo, but all the ships have sincə returned Taels 2,104,141.89 to £asebo and Kyushu.

Taels. 193,640,27

45,283.02

To working account 1903 :-Amount

brought forward from below

To liability account for 1901 and previous

years To sundry creditors....

To dividends uncollected

118,357,25

271,589.82

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