February 9, 1907.j
enormous growth of Government mono- polies, which may be seen to diminish the private resources of the individual trader : and therefore react n te individual capacity for taxation, as well as injure the resourcefulness of the mercantile body.
"RE-ENTER THE DUKE.”
DUKE OF
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CHINA OVERLAND TRADE REPORT.
THE PREGNABILITY OF HONGKONG.
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It
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right spot at the_right_time" there is obviously no need to accept his remedy, viz: to "immediately'
replace the three Eastern cruiser squadrons by one fleet of 'capital" ships, cruisers, and torpedo-boat destroyers.
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MR. H. N. MODY, PHILANTHROPIST.
(Daily Press, 7th February.) the Royal Statues to be erected on that When, a few days ago, we enumerated portion of the Reclamation which is intended to be preserved as a garden or open space, Queen VICTORIA, wo named five-those of Her late Majesty EDWARD, Her Majesty Queen ALEXANDRA, His Majesty King His Royal Highness the PRINCE of Wales and His Royal Highness the DUKE or ! CONNAUGHT. The Hon. ST PAUL CHATER, ¦ C.M.J, made the interesting announcement another statue would be added to the group yesterday that with the royal permission by his friend and partner, Mr. H. N. MODT, this statue to represent Her Royal High. ness the PRINCESS OF WALES. When the
Sir PAUL CHATER, who made a gift to the announcement was unde five years ago that Colony of the statue of H.R.H. the Duke of CONNAUGHT, had generously further offered to present a statue of H.M. the KING, while Mr. J. J. BELL-IRVING had offered a statue
Administering the Government gave apt of H.R.H. the PRINCE OF WALES, the Officer
expression to the community's appreciation of the public spirit and Hiberality of the donors.
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(Daily Press, 7th February.) Coincidentally with the Inspecting Field- Marshall, there arrived ve-terday with other mail matter a copy of the Naval and | Military ecard, containing a timely and appropriate artiel“
on Great Britain's (Daily Press, February 6th.) strategical position in the Far East, with Carpe diem. Hongkong has before enjoyed particular reference to the safety, under similar honour to that it has to-day, but such certain conditions, of Hongkong. The pleasing occasions are not, and cannot be writer, who adopts "Halero" as his pon- reasonably expected to be, frequent in such name, deals chiefly with the naval situation, an outlying outpost of Emperor EDWARD but his opinion of the military defences of VII's dominions, The recent visit Hongkong may be gathered from his; passing of the son of today's royal guest opinion that, in the absence of a battle was a pleasant break in the monotony, asquadron, any attack "would be immediate some see it, of life her, a purple spot on ly followed by the surrender of Hongkong, the drab panorama of our dollar-cursing | Weihaiwei, and probably Fiji and other existences; but the ccond advent of pussessions in the Pacific." We have Prince ARTHUR'S father, the
referred to this article as timely and CONNAUGHT, is naturally regarded with far appropriate, but that is nat greater interest. The fervour of loyalty approval of its ten ur and purport. It t imply that was shown, according to our files, assumes too many things, an 1 it is evidently seventeen years ago, has not diminished the work of a prophet whose rashness has with the passage of time, although so may never had the advantage of be ug toned changs of public policy and social outlook down by previous failur s, But for one have occurred in the meantime. The Lything, it would be somewhat alarming, and residents of this "no mean city' are pres
Cause ug to hope that the DUKE OF pared to-day, as amp e evidence has shown, CONNAUGHT na Juspecting Officer will look | to extend to the brother of King EDWARD well beneath the surface of things here, to the cordial and respectful wele me that read that "Hongkong, though valuable as they gave in 1890 the son of Queen
a base against any other nation in the VICTORIA. Socialists may screan: m Eng. world, is at present in an utterly inadequate land, suffragettes squawk, and labour
s'ate to hold out for even a short period members bellow-in other parts of the world after the naval abandonment of the Chins Royalty may appear to mean less and Seas, as the few cruisers we have at present less to a democratic generation-but at in those waters would have to give way to Hongkong neither the Past nor the Present the smallest fleet of battleships." The one of the British Dynasty has us yet been thing that reduces the sock of this dis. suffered to lapse from memory, and the closure of a state of affairs which the Durg tradition of personal loyalty of the most OF CONNAUGHT has presumably come to genuine sort is a living and breathing force find out is that the writer does not seem to in our midst. As official representatives of know more about the subject than any the monarch, our Governors have from time ther mau in the street. He is a pseudo- to time been frequently convinced of this; Blue-War scholar, and apparently under the appearance of a representative allied by the impression that Hongkong's sole bloot merely serves to evoke more pro- means of defence are the few cruisers nounced manifestations of a feeling always
we have at present." But apart from existent. It is decidedly tortuitous that that issue-on which the DUKE OF CON- H.R.H. the DUKE, who in 1890 laid the foundation of the West Point to Murray Government - Halero "
NAUGHT will more expertly advise the 19 A miserable Read Reclamation, should happen to return croaker. interted with the Yellow Peril in the one year when that great work may fever. The disease in his case is virulent be anid to have visibly approached its because he seems to think he is the dis- culmination. The completion of so many
Unlike JEROME's narrator baud-ome buildings, the sight of which in "Thre. men in a boat", there is nothing should peculiarly impress the DUKE, if he the matter with him but "housemaid's have retained any recollection of the earlier knce”. Japan is the Power to whom scene, and the adorament of the neighbour Hongkong, like an ther Port Arthur, is hood with such very appropriate statuary, to Le surrendered in the visible future, could not well have fitted into any earlier « History has n marvellous fashion of or later return to the scene of his former repeating itself, and if there are any lessons good offices.
It will have been noted, to be acquired by a stuly of the past applied moreover, that the procession of decades
to the present possition of affairs in the is maintained, 1887 the jubilee, 1897 the East it is this-that one of the great nations Diamond Jubilee, 1907 the Ducal visit will have soon to fight Japa», or Japan and and function.
As we have suggested, Ching, for the right to trade and hold what a vast amount of water has run under she has got in the East". Criticism of the bridges since H.R.H. last heard the armchair sort also has a marvellous fashion plaudits and huzzas of Hongkong. Much of repeating itself, and we have heard more will have flowed by the next year with something like that before. What of the a seven in it comes round, and sure the Anglo-Japanese Alliance? This
Halero" next best thing to a hearty welcome is to disposes of it in his peroration, which it speed the parting guest with cine again," were pity not to quote. The treaty of we may anticipate a little and here express to day ulay be the waste paper of to-morrow, the hope that in 1917 H.R.H. the DUKE and he who looks to others to guard what OF CONNAUGHT may be permitted to return his forefathers fought for ani and see a still bigger and better Hongkong, and a Hongkong as loyal to his House. lo-day's addresses will remind him of the progress made locally since he was here last;
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doubtless His Excellency the GOVERNOR will indicate to him some of the further changes probable, when Hongkong is connected with a busy railway system.
coverer of it.
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wo will some day lament and wail over his lost possessions". Pestiferous moonshine, pre- tentious product of au aduled idea which a child in these matters would discard as soon as thought of. Treaties are not turned into wastepaper in a day, or without warning, and if we accept
"Halero's" definition of strategy aa having the right forces in the
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Had the arrangements for yester. day's unveiling ceremony admitted of a speech by His Excellency the Governor, Sir MATTHEW would no doubt have given similar expression to the public appreciation unostentatious manner, Mr. Moor for the of Mr. Moby's generous gift. In a quiet and
past thirty years has identified himself in a very practical way with the progress and development of the Colony, and as regards the benevolent side of his nature brought into especial prominence by the gift just announced of $10,000 to the funds of that mest useful institution, the Ladies' Bene- volent Society, the organisers of public and private charities are better aware than the public newspapera of the amount of good it has been Mr. MoDy's custom to do by stealth. The gift of a statue to the Colony however is a donation which cannot very well be anonymously made, and coming as it does from the leading repre- sentative in the Colony of His Majesty's Indian Empire, and moreover one of the oldest residents of Hongkong, the gift will be highly appreciated by the community as no doubt it will be by the Royal Family and especially the gracious lady to whose " honour the statue will be erected.
CHINESE BANK ORDERS.
(Daily Press, 8th February.) That what is known in trade as a Chinese Bank Order should be above suspicion is plainly one of the necessary foundations of trade as carried on in North China, at least. · his doctrine has been always hitherto acknowledged, and that such should be the case is evident from a consideration of the conditions of the trade; the Bank order differs in many important particulars from a che- que, inasmuch as it is a distinct order issued by the Bank, and is like a bank note pay. able to bearer, and does not require any endorsement by the party giving it, the whole responsibility for its payment being assumed by the bank. On this ground it has always been held to have closed the transaction in respect of which it