Page
CORRESPONDENCE.
THE CURRENCY QUESTION.
TO THE EDITOR OF THE "DAILY PRESA.”
Hongkong, 30th March, B12, I have read, with considerable interest, the somewhat unconvincing arguments ad vanced by a correspondent in your iseno of the 28th instant, which appear to favour a con- tinuance of the present chaotic system of
currency in the Far East.
Inter alia, your correspondent writes
enquiry. approach the subject in the spirit of Is this quite consistent with the vote it is understood be recorded at a recent meeting of the Chamber of Commerce, where those in favour of Exity of exchange only asked that on independent enquiry might be made l—I am, Sir, your faithfully,
X
THE NAVY LEAGUE CATECHISM.
TO THE EDITOS OF THE "DAILY PRESS.
18, Victoria St., London, B.W.,
February 18th, 1903. SIB, Thave received from Captala Anderson, the Honorary Secretary of the Hongkong Branch of the Navy League, a copy of the Daily Prees of January 8th, in which appears a letter from a correspondent asking cortain questions with reference to the Navy Catechism. With regard to query (1) referring to squadrons for local defence, it has always boin the principle of the dominaat ses power to seek out the enemy's squadrons in its own territorial waters; efther to blockade the enemy's ports or to destroy its vessels that have omerged from them. Coast défance by local vosvels implies waiting to be attacked in this manner and is a virtual admission that you do not possess the command of the sea. It will be: many long years before anything - that can e called an Australian Navy will be in existence, and when it is in being it is to be most devoutly hoped that being under the hand
SHANGHAI COMPANY
MEETINGS.
The annual meeting of shareholders of the Shanghai and Hongkow Wharf Co, Limited, was hold last week. The profit and less account shows a credit balance of taels 276,579.74 out of which it was solved to pay a final dividend of tuele 12 per share on the increased number of 2,000 shares, to not aside tools 15,000 for ordinary repairs and to carry forward tools 21,579.74 to next year's account. This result was stated by the Chairman to be the best in Le records of the Company. It was resolved to pay a bonus of 10 per cent, to the foreign staff of the Company.
The annual meeting of shareholders of the Bhanghai Waterworks Co. was hell on Wednesday. The report showed the gross revenue to amount to Tis. 316,074.87 showing an increase in the year 1901 of Tls. 18,072.20. The expenditure, Lowever,
Bowever, also showed a considerable increase, being The. 107,704.78 as against Tis. 97,626.31 the previous year, or Tbs. 10,07847 more than in 1901 Au al interim dividend of 158. per share at Exchange 2/4 absorbing Tis. 48,285.71 was declared, and made payable on the 24th July; after writing off Tis, 15,000 for depreciation on permanent works, paying interest on debentures and sundry other items, there remained a eum of Tls. 121,305.37 at credit of profit and lom account available for distribution, which the directors recommended should be disposed of as follows:
To payment of a final dividend for
the year, of 32/6 per alare at Ex. Th
108,000.00 2/2 per tael
15,000.00
To transfer to reserve fund (incress-
ing it to Ts. 115,000)
To carry forward? to new account
6,306,37
Tla. 129,306.37
The report and accounts were adopted; as bonus of 10 per cent on their salaries was voted to the staff and the directors' remuneration was increased from The, 2,500 to Tla 5,000.
THE HONGKONG DAILY PRESS, TUESDAY, MARCH SIlgr, 1903
LATE TELEGRAMS.
NEWS VIA MANILA.
VENEZUELA
New York, 24th March. The English squadron off Caracas das again seized the Venezuelan gunbost Restaurador and has placed a prise crew sheard of her. The reason given for the act is that the Restaurador has been caught in sots of piracy. The nature of these nots is nat given out. Considerable feeling has been aroused in the United States by the not, but the general sentiment is that judgment should be reserved until the facts
are known.
Later.
aunounded his intention of appearing before the | Democratic convention next var as a candidate for another term in the White House. The announcement was made through close friends.
of Mr. Cleveland and an office line been opened KODAKS,
in New York for the work propastory to the Carvention
.9
It is generally recognised that the candidate of the Democrate must come from the State of New York, and it is believed that the prestige of Cleveland's name will be sufficient to obscure the clalies of the other New York man who is mentioned for the nomination, Judge Alton Parker. If is stated that the Cleveland faction will endeavour to contine the issue of the campaign to tariff revision, and that they will pass lightly over the trust question and the colonial polley.
The situation in Venezuela is threatening since the resignation of Castro and it is The announcement of Cleveland's candiduoy has developed unexpected strength and the expected that serious disorder will occur.. Business, is at a standstiil in Caracas and the wildest enthusiasm has been aroused by the people are thronging the strests, ready to bronk | not. His friends claim that he will sweep the ont at the least opportunity. They are entirely country. It is not believed possible, however, without restraint, all the departments of the that the nomination of Cleveland can prevent a Government being paralysed. The resignation | split and if he controls the convention a large of Castro is likely to have a serious effect on proportion of the Democratic vote is expected the settlement of the indemnity questions and to go to the socialista, it is possible that the Allies will occupy the custom houses with military force.
REBELLION IN 8. DOMINGO,
New York, 24th March. A powerful rebellion bus broken out in Santo Domingo and the overthrow of the present government is practically assured. The rebels are strongly intrenched in the mountains around the capital and have the city surrounded. They are led by a mysterions pogro who is called by his followers "Touiesant L'Ouvertür IITM He has a strong following and is well armed, Severni skirmishes have already been had and there is said to have been considerable bloodahed
A WEST INDIES VOLCANO.
New York, 24th March. The Soufriere volcano is again in terrific craption and is spreading death and desolation oyer the surrounding country. The activity. which has been noticed for some time, reached its most serious point several days ago, and the reports of casualties are constantly coming in,
LORD CRANBORNE AND THE CHINA QUESTION.
CRITICISM BY "THE TIMES.
Commenting on the Debate in Parliament, a fall report of which, so far as it related to Chita, was given in our yesterday's issue, the Times Bays:-
It cannot be coutouded seriously that the exposition of our policy in the Middle East and the Far East given in Lord Cranborne's speech on Wednesday evening will rensenre the large number of instructed English- men who watch with growing uneasiness the changes which are in progress in those regions. The Under-Secretary of State for Foreign Affaire does not discern, or affects not to discern, how great these changes are..
At the annual meeting of the Shanghai always increasing in seriousness. The popula-There is no desire in any quarter to assume an
aggressive attitude towards Rassin either in
FILMS.
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Hongkong. 11th March, 1903.
MISCELLANEOUS NOTES AND
NEWS.
MUNICIPAL ENTERPRISE IN ENGLAND. An elaborate return issued by the Local
Government Board of the reproductive under- takings carried on by municipal borough brought up to March 31st, 1902, shows that they yielded a net profit of £378,281,
COLONIAL SANITATION.
(39
should be someone's businees to isśne uuthorita- tively something of the nature of an Imperial Census Review, A synchronous or uniform census throughout his Majesty's dominions was not demanded; but, Mr. Bɛinos peluted out, there should be a collection of mortaisa
parcel of the Great British Narjis vef Tis. 7 per share was declared; this was the salarda are fleeing in terror a fast public would be quite antished with the policy health. It has been represented to him that a lines. That could be done by showing the of the Imperial anthorities it will be part and Tugboat Company, Limited, a final dividend tion of the island nnd of the surrounding the Middle East or in the Far East. The
last meeting of the Company, the Company's Question (as to a three-power standard.assets being tarned over to the new Shanghai It is useless discussing a three-power standard before a two-power standard has been ottained. Tag and Lighter Company, With battleships in the proportion of 5 to the 3 of the two next strongest powers, the British Empire can be assured of its maritime Aupromady.
() On the question of alliances. Your correspondent is correct in his assumption that the meaning of the writer of the Catechism was that any alliances should be in addition to any necessity of increasing the British Rest
At the annual general meeting of share holders in the Shanghai Pulp and Paper Co., Mr. Racine in the chair, the directors were authorised to pay a final dividend of 5 per cent for 1902. The remuneration of directors was raised from Tls. 300 to Tis 600 each, and the auditor's fee to Tis. 250.
·
transportation can be secured. Many dead have already been reported and the eruption continues with arabating violence. '
Mt. Pelee is also showing increased" activity and terror exists throughoul the distziet.-
MATTERS IN CENTRAL AMERICA.
New York, 45th March,
The representatives of the Central American republics are again endeavouring to prevail upon President Roosevelt to intervens and prevent farther disorder in their respective countries.
Dr. Vivian Poore, of University College, is one of our leading authorities on sanitation and embodied in Lord Cranborne's declaration of volume collected from his larger works on this last year, if they could obtain satisfactory subject might meet the wants of people living evidence that it was being prosecuted within remote pinces in the Colonies or elsewhere, energy and firmness.
But they do not by furnishing them with correct principles of want to see the pitiful story which they
sanitation. Accordingly, he has prepared such a bare witnessed in Chins repeated in South selection, and Messrs. Longman are to issue it Ferais, and they are not at all sure that the ander the title "Colonial and Camp Sauitation," Government. have wakened up to the ominous which well describes the idea of the contents. resemblance between the actual situation in Periantd the situation in Chine before the series
-diplomatic fictione notwithstanding, the actual of events began which has left Russin, all
Chinese Empire. The example of China is, as we have often observed and as Sir Edward Grey repeated, very apposite. There, too, we had our rights infringed and our interests prejudiced by & native Government acting at the instigation
UNDEVELOPED POSSIBILITIES IN
ELECTRICITY.
leading statistical facts to the extent Iosal conditions would allow, and on a basis that would render possibls comparison, within nd. mitted limits, of the information accessible, Mr. Baizes proceeded to give instances of meh information, and indicated the manner in which it could be utilised on recognised statistical relative strength of the white and coloured population, and the distribution of that popula tion over the country, in such a way as to exhibit its real charecter, instead of a bare figure of an enormous aggregate of varied circumstances. It did not fall within the limits set forth in the author's review to deal with the
The Anglo-Japanese alliance is in the opinion Bath Club showed a credit balance of Liz 994.43, Central Amerios that the present eidemic of mistress of a large and valuable part of the electricity. A man in an apparently moribund popular and palatable, amongst those to whom
of these well qualified to judge, both safe and
honourable.
(4) The quastion of a foreign invasion of England. There is no reason why your correspondent should not go back to the Romans. if he renses, but the great principle remains the samd that the Romans invaded Britain as did the Normsis because they were in possession of sea power which enabled them to do so, and this was lacking by Britain-Tours,
eld,
WM. CATUS CRUTCHLEY,
Secretary of the Navy League.
THE SAVING VIRTUE OF THE CHINAMAN.
T. P. O'Connor selected as his beck of the weok "on Feb. 20th, a clever novel The Circle by Katherine Cocil Thurston, and commences his comments upon it by the following reflec tions induced by the fact that the Jew of Ras sia- The Circle tells the story of a Russian Few and his daughter brings from his Orian tal origin that great Eastern virtue of intense and self-sacrificing family affection
One of the clumsy and stupid things which is charged against the missionaries in Chios is that the narrow-minded among them make war against what is called the worship of their ancestors by the Chinese. To every thoughtful snd humane man the purest and best hond or Bovisty is the reverence and love of children to their parents. It is a virtue which children do not always find it easy to practise collision of temperament, differences of fortune, sometimes the grinding oares of their own personal needs, and the new families which they have crested
The account of the Shanghai Swimming of this suta Tls, 300 were transferred to the Reserve Fund, which now stands at Ths. 2,000.
MISSIONS IN CHINA.
The greatest apprehension is felt throughout disorder will result in the dissolution of their sovereignties. This feeling is shared to some extent by the United States government and the problem is regarded as a most serious one. FIGHTING IN NICARAGUA,
New York, 26th March.
TROUBLE IN TRINIDAD.
New York, 25th March..
PAUPER EX-JOVERNOR,
New York, 25th March, General Carles Ezeta, ex-president of the republic of San Salvador, died yesterday in
A revolation has broken out in Nicaragua The 14th annual report of the Society for the Difusion of Christian and General Knowledge and fighting has begun between the govern- among the Chinese deals with events up to ment forces and the rebels. The matter has September 30, 1902. It contains portraits of already asumed a serious aspect and it is various prominent reformers, such se Prince expected that the government will fall. The Su, Superintendant of Police in Peking: trouble is caused by a difference between the Yuen Shih kai Viceroy of Chill, and Chang government and the people regarding the Chih-tung, author of China's only hope attitude of Nicaragus toward the trouble in the education. The year under review, says the neighbouring state of Honduras. The govern report, will be marked as the period when ment under the leadership of Fresident Zalays China made the first practical stride in reform by endeavoured to assist the government of establishing colleges for western learning in 11 Honduras in suppressing the rebellion in the out of the 18 provinces. The society's object is latter state. The Nicaraguan people are, how to force the missionary bodies to consider however, in sympathy with the Honduras rebels many men they can set apart for literary work in and are opposing Zelaya's measures. order to counteract the ignorance out of which the Bozer troublesarese, and one goed result of the recent persecutions has been that the
Port of Spain, Trinidad Island, is at present Protestant missionaries in the north have the scene of a great riot, and many ensuities resolved to unite in a single Christian Univer- have already roaited from the contact of the sity in Peking, whose staff will probably rioters and the police. The trouble began tome surpass that of the Government institution. time ago over the question of the water rates, What is wanted is to extend the polley and which some of the people insisted were too high. have one first-class college for promoting Rioting began several days ago, and pulminated Christian civilisation in each provincial capital in a serious meeting, in which a large number Already the number of Japaness engaged by were injured. The Government has shot fifty the Chinese to serve in the army, navy, and of the ringlenders as an example. police, end in educational and industrial de- partments is comparatively large. Hence, by soquiring Japazes which they can easily do, the Chinese are getting bold of the Western literature which Japan haersamilated, omitting Mexico, a pauper. Christianity. The appendix contains several The history of Ezoto has pretty well matters of interest, There is a specimen such things now and then, in the case even Boxer placard, dated September, 1902: Not to faded from the public mind, but he was in of well-intentioned and high-minded children, speak of other matters, it pays, let us take his time almost a prominent figure until over. stand between them and the adequate per-up the subject of the placking out of eyes and thrown by a revolution in 1884. He and his formace of their duties to the parents internals, the disembowelling of people, and the ministry fled and took refuge on the United I pas by the cares of those who from sheer disseminating of poison in wells, which occarred States man of war Bennington. The reform thoughtlessmear or want of Lears legaid this year in the various provinces. All culprits Party made a desperate effort to secure returs, their parents as strangere whom they are not caught confessed that they had one and all political offenders only. The question was one called upon to susiet, the man or women who come from the churches.. has got to that abyss is beneath contempt. If, Chinese who embrace the foreign religions are of great interest at the time. Ezota wandered then, the Chinaman, smid so much that is all deeply-dyed villains imbued with inherent about the earth, finally settling in Mexico, vicious in bis civilisation, retains this great wickedness." On the other hand, there is an social" virtan of duty to parents-f amid his Imperial diet, dated July 8, in regard to Dr. poverty and bard fight with corrupt governors, Richard, the secretary of the Diffusion Society. uncertain seasons, and an excessive population » We know Dr. Richard,” it sayr," to be a man
if amid all this he adheres to his duty to the of great learning, high attainments, and strict Domings in practically concluded, the insur people who have brought him into the world, sense of justice, qualities we deeply admits and gents being in control of the capital, the city if their wants always stand in front of his own, sommend." The Ministry of Foreign Affairs of Santo Domingo. The revolutionists were if to make their old age free from pain, want, is, therefore, to consult with Dr. Richard, with met by the government troups and were well and care, remains with bin's great moral law the sincere hope that, with the valuable resisted for some time, but the opposition gave that should always be obeyed-who but an ate aesistance of that gentleman, the object in view way before superior fighting and the rebels would try to weakon that noble virtue, and who may be arrived at and the masses be able to live entered the town. It does not appear that bat an oven greater ass would think it made
at, peace with their neighbours the Christians." they have committed any great excess but the the least difference whether this virtue were called affection or worship, or whether it was accompanied or not by religious ceremonies P Any missionary, if such there be, who inter prets the doctrines of the Christian religion in any such narrow spirit had better go back to
Furthermore,
PORTABLE SUSTENANCE,
FOR TRAVELLERS, MINERS, AND SOLDIERS no food is an portable na Lempo the genuine Liebig Company's Extract. The product of 18,000 bullocks was supplied to the forces In his New Testament, and read it again, and Bouth Africa. Lemon is the most concentrated 12742 make some attempt to grasp its essential spirit, | form of Heat known,
but it was refused on the ground that they were
where he died.
THE DOMINICAN REBELLION,
New York, 25th March. The revolution in the republic of Santo
town is in disorder and trouble is likely to ensue. The officers of the legitimate government have fed or are prisoners, and no definite stops have been taken by the insurgents to get op others, in their places.
1.6. PRESIDENCY.
Now York, 25th Match. Ex-president Grover Cleveland has formally
of our rivals, and we replied by "strong obser- vations." They were not very effective at
complicated subjects of marriage and occupa tion, but it was most adequately demonstrated what a wide and interesting bass the statistics of the Empire afforded for treatment which There are still undeveloped possibilities la might render them not only useful, but even
condition was recently taken into the Melbourne they were at present inaccessible and dis......... Hospital, and in order to revive bim an electric tasteful shock was administered, The results wors startling and unexpected. A demoniac energy was instantaneously infused. doctor sprawling on the Alger, and flange couple BOTTLED ALES, BEERS AND of assistants out of the window. Then he pro-
He sent the
ceeded to wreck the ward, while nurses ran away shrieking and barricaded themselves. He had done a hundred pounds' worth of damage before the police, who were telephoned for, arrived,
yet imperfectly understood. Electricity, as a medical agent, seems to be as
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the prelude, weedful, to strong, sots. Lord Cranborne rightly reminded the House that the Notes exchange with Russia in 1888 amount to a mutual engagement to respect the iategrity of Persia. That is very gratifying so far as it goes, though the Notes do not seem to table, a man may take the twenty minutes past be very carefully worded, and articles have one train for Weybridge, devote over three recently appeared in one of the chief Russian quarters of an hour to his meal, and be back newspapers laying down the doctrine that Rassin again at the Bask by half-past three. really cannot he expected to observe treaties project is an interesting kick against the pricks dated some years buck which interfore with her of business that compel a snatch at a sandwich ambitions. Bai here again the case of Chines between half-past one and twenty minutes to Ind, Coope & Co... Per 8 Dez. Ft. $19.50 32.45
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illuminating.
NEW GOLD FIELDS IN ALASKA.
D
A New York telegram to a Marie con- temporary states that recent arrivals from Alaska bring the information that a new gold than either the Klondike or the Cape Nome field has been discovered which is far richer fields. The new find is on the Tanansh River, a tributary of the Yukon, only a short distance below the Arctic Cirole. A great rush has already begun on the now distriel and claims are being located over the whole length of the
river.
The sabonacement has created great excite rent and it is expected that the exodus to flaska will almost equal that when the handiko was discovered.
The Tannnah River is quite a large stream which rims in the mountains on the eastern border of Alaska, near Dawson City, and reaches the Takon slmost in the centre of the territory, Between it and the Yukon lie the Tananah Hilla, which have for a long time been considered rich in gold.
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PISTOLS.
CHILDREN'S BOOKS. According to Harper's Weekly, Mra. W. D. McClintock, of the Department of English at the University of Chicago, bas declared Jack and the Beanstalk, Bluebeard, and The
They have, she says, a vicious "meral squint", Three Bears to be nufit for childish reading.
about them. She thinks that no child ought to be allowed to read to itself until it is twelve years old, and she has mapped out a really moral literary course for the mother to superintend dating infancy. From two to revon, fairy isloa without a squint-if there are any-may be read; from seven to vine such tales as Robin- Hood series and animal stories; from ten to son Cruso; from nine to ten, the Robin with CHAMBER for 10 CARTRIDGES twelvo, "carefully expurgated tales of the old Greek heroes"; from twelve to thirteen, stories dealing with the adventures of good knights without too much romance"; from thirteen to chant of Venice and some of Scott's novels. fourteen, at least one such play as The Mer By that time the offending Adam and the still more effending, Eve ought cortainly to he whipped out of anyone,
A CENSUS OF THE EMPIRE. At a moeting of the Royal Statistical Society. in London last month's paper was read by Mr. J. A. Baines, C.S.L, on "A Census of the Empire." Mr. Baines remarked that, in spite of the grost interest taken at the present time in the British Empire, the conception formed of it as a vast aggregata was, generally speaking somewhat vague and indefinite. The object of the paper, therefore, was to suggest that it
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[678