THE
Hongkong Weekly Press
AND
China Overland
Overland Trade Report.
VOL. LXX.]
Far Eastern News.
Leading Articles:-
CONTENTS.
The Need of Financial Reform.
Customs Duty at Hongkong?
Constitutional Government in China
Parliament and Hongkong's Lost Opium
Revenue
Educational Facilities at the Peak
The Policing of the New Territory
The Foreigner in China
Random Reflections
Hongkong News
The Revenue Problem
Hongkong Legislative Council
Mongkoktaui Typhoon Refuge
Correspondence :-
PAGE
.173
HONGKONG, MONDAY, 30Țя AUGUST, 1909.
.174 ..175 ..175
It is officially stated that at the end of May this year the national debt of Korea a mounted to 38,870,973 yen.
A site has been purchased by the Roman Catholic Church in Seoul with a view of establishing a university.
The death is announced of Mr. R. Hi Powers, 176 of Nagasaki, who had carried on business as a .176 shinchandler at the port since 1868.
177 177
.178
.179 .179
The Osaka Shosen Kaisha's new Pacific liner, the Tacoma Maru, had to put back to Seattle last week owing to a broken rudder.
The Rev. Matthew Fearnley, M.A., of Wor- 180 thing, who died recently, had been for dve years a missionary in China. He left estate worth £24,863.
....181
The Hongkong Bank and the University Scheme 182 Lack of Educational Facilities at the Peak A Star Ferry Coxswaiu Fined
Disobedience at Sea
Stabbing Affray on the 8.8.
Reported Highway Robbery
Lightning"
.182 183 .183
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183
Philippine Bonds Issued in the United States ......183 Opium in Hongkong and the Straits
The Question of Railway Stations
The Antung-Mukden Railway Question
The Health of Weihaiwei
Public Work in the Philippines
Amaral and Mesquita
The Washerman
Supreme Court
Manslaughter or Assault?
A Boycott of the British on the Yangtse
Free Trade between America and the Philippines... The Manila Opium Case
Notes from Japan..
Company Meeting:-
183
The Philippine Government is being criticised for its policy of buying a large proportion of its supplies in foreign markets to the disadvantage of the local merchants.
The Directors of the Siam Steam Navigation Co., Ltd., recommend a dividend of 5 per cent for the past half-year and to carry Ticals 181 10,000 to reserve account.
181 184
.181
184 .184 185
.189
.189
189
.189
190
Hongkong and Shanghai Banking Corporation...191 Hongkong and Whampoa Dock Company........191 Shanghai Cotton Spinning Company
Company Report :—
China Light and Power Company, Ld...
Far Eastern Telegrams
..192
The Dutch cruisers de Ruyter, Tromp, and Koningin Regentes were at Manila last week. Elaborate preparations were made for the enter tainment of the visitors.
According to a telegram from Peking the Waiwupu has requested the Viceroys and Governors of the provinces to prohibit foreign vessels trading outside the limits of the treaty ports.
Despatches from Honan state that a drought is prevailing in many districts in the province. .192 Unless rain comes shortly the rice crops will be The farmers are reported greatly affected. to be very anxious.
..193
Chinese Immigration into the Straits Settlements 193 Chair Rearers and Their Fares
The Recent Earthquake in Japan
Explosion on H. M. S. "Otter"
The Astor House Hotel, Shanghai Commercial Shipping
DEATHS.
..193
193
193
193 .194
196
On August 20th, at Shanghai, ALICE DAISY, only child of Mr and Mrs. A. DAHL, age four years and two month..
On August 21st, at Shanghai, WILLIAM HOLLI- DAY, aged 46 years.
On August 22nd, at Shanghai, ALFRED BARBER, M.B., C.м., aged 45 years.
Hongkong
Weekly Press.
HONGKONG OFFICE: 10A, DES VOUX ROAD C1.] LONDON OFFICE: 131, FLEET STREET, E..
ARRIVAL OF MAILS.
The Rev. C. J. Ferguson-Davie, the new Bishop of Singapore, was to be consecrated in St. Paul's Cathedral, London, on Tuesday, and will be enthroned in St. Andrew's Cathedral, Singapore, about November 25.
and
A Hankow contemporary chronicles the arrival there of Mr. H. G. C. Bailey, recently of the firm of Messrs. Johnson, Stokes Masters, solicitors, Hongkong. Mr. Bailey intends to start practice in Hankow.
The Russian Government has received through the Governor-General of the Amar a request from Saghalieu that the importation of Chinese labourers shall be permitted. It is not probable that the request will be granted.
Jungle rubber has become an important article of export from the French province of Laos. There are some fifteen firms in the province who buy, apart from the Chinese who serious fashion. have now taken up this branch of trade in
Mr. C. J. J. Roberts, late of the Standard Oil Co., Bangkok, whose extradition was not granted from Penang, and who went on to The Siberian Mail of the 6th and 7th inst., Colombo, where he was rearrested and remanded arrived on the 29th instant.
The French Mail of the 30th ultimo arrived on the 29th inst.
FAR EASTERN NEWS.
The state of Asia was described by Lord Curzon in a recent speech as "one of unconceal. ed commotion."
to the 13th, is held on the same warrant that was judged illegal in Penang...
7
We learn that upon representation by the British and Portuguese Ministers at Peking, the Self-Government Society of Canton is hence forth prohibited from holding meetings to dis- cuss international questions and no more mention must be made re the Fatshan affair and the
Macao Delimitation.
No. 9
It is stated that Chou Fu, formerly Viceroy of Canton, will be appointed to the Naval Department. His Excellency was for many years with the late Marquis Li Hung Chang and helped in the organisation of the Navy.
The interest and responsibility of Mr. Camille Galland in the Tonkin establishments of Messrs. Speidel and Co. ceased on June 30th, when deed of partnership ended, and the new company consists of Messrs. Ulrich Speidel, R. Baur, F. W. Speidel, Walter Speidel, H. Meister, H. Prescher, F. Dobrowohl on one side and the heirs of the late Mr. C. Th Speidel as sleoping partners on the other side.
The Nippon is authority for the statement that the Japanese Government is now approach. ing foreign capitalists through the Industrial Bank of Japan to float a loan for the purpose of introducing reforms in the Government railways. Under the existing state of affairs in Japan, says the journal, it is deemed impossible to raise a domestic loan for the purpose, and in consequence the authorities have been obliged to resort to the measure above referred to.
There are nearly 70 species of snakes in the Philippines, of which 30 species are poisonous. The most popular of the latter is the rice snake, the duhan palay. It is a slender, bright green- hued reptile, found among the rice stalks and also in trees. Its bite is supposed to be fatal- death ensuing in from 15 to 30 minutes. The natives believe that the leaves wither that the snake breathes upon. Cobras are also common. Among the cobras are the cobra de capela, or hooded cobra. An eight-foot specimen of the cobra has been found in Benguet, and others in Palawan, Samar, Leyte and Mindanao.
A special despatch to the Cablenews- American from San Francisco states that there is a persistent rumour in the shipping circles to the effect that plans have been matured for a line of steam ers to run direct to Manila. The project is said to be based on the expected in. crease in American imports to the islands due- to the passage of the Payne- Aldrich tariff bill. A direct line of communication between Manila and the Pacific coast has been the roseate dream of Manila merchants. The advantages to the islands that would flow from such an arran ge- ' ment are regarded by them as inestimable.
Mr. Fujiyama, President of the Japan Sugar Company, says, according to the Asahi :— The financial condition of the Nitto Kaisha is not so much in disorder as the creditors may
suppose. The company still possesses assets amounting in all to about Yen 1,000,000, which can be properly arranged with the approval of the Financial Department as well as that of the creditors. Even as to the working capital, it is not difficult to find means out of the above resources if the creditors raise no opposition. The only metho s that can be adopted for the financial adjustment are to decrease the amount of capital, to issue preferential shares and to redeem the debts by yearly instalments. We will propose at the next meeting of the creditors the draft that, we believe, will prove most advantageous to the shareholders as well as the creditors, sparing no efforts towards the recovery of the company. If the creditors will not make any concessions and take an obstructive line, I will manfully resign my post. I am expecting to settle the matter smoothly at the next meeting. of the creditors. It is not necessary to run after Mr. Kaneko in order to ask for the consideration of Messrs. Suzuki's position."
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