LATE TELEGRAMS. [VIA RANGOON.]

THE FIROAL QUESTION,

London, 24th May, Mr. Chamberlain's brief but significant statement made on the 22nd instant has given rizo to great discussion and is quaorally regarded as a definite affirmation of the principles apparently only tentatively advanced at Birmingham on the 15th Instant. It is thought that Mr. Chamberlain intends to make the Zollverain the dominant cote at the General Election. The Opposition Minis terialinis are anxiony speculating as to whether Mr. Chamberlain is supported by Government as a whole or is initiating a policy of his own. Varions questions will be address to Government in the House of Commons with a view to eliciting a definite sanonnsement.

London, 20th May.

Mr. Chamberlain, in reply to Mr. Long, said he had made no preferential trade proposals to the Colobies and there had been co recent negotiations on the subject.

London, 27th May. Sir Henry Campbell-Baauerman will move on the second reading of the Finance Bill that the House, regarding free trade as essential to the welfare of the people and the Empire, declines to proceed with the Bill without further disclosure on the fiscal policy of Government.

SOUTH AFRICA.:

London, 25th May.

A great meating of Indians was held at Capetown to protest against the proposed Town. Council Bill establishing locations for Indians.

Tandon, 26th May.

though no doubt it would have to be found by that review of our facal system which he Indicated as necessary and desirable at an early date,

THE MERCANTILE MARINE.

London, 26th May.

ABBY NEWA,

THE HONGKONG DAILY PRESS. SATURDAY, JUNE 13tя 1903

THE STRAITS CURRENCY.

THE VIEWS OF ME. HUTTERBACH,

As soon as it was known that the Legislative Coursall had set its seal of approval upon the Report of the Currency Commission, a represen- The departmental committee on the Mer.tative of the Straits Times paid a visit to Mr. cantile Marine have completed their report and Huttenback in order to gather his views as to have found there is no doubt as to the decrease how far be thought the discussion and vote in British seamen and to the increase in altered the position. Mr. Hutterback expressed foreigners and Asiatics, but the objections to himself so delighted to have an opportunity foreign seamen do not apply to the employment to state his opinions and an appointment was

made for the next day, sa Mr. Huttenbach wished | of lasers and other British Asiatics,

to read Arst the Report of the Council Meeting London, 27th May. so as to be acqualoted with all the arguments. I In the House of Lards Lord Hardwicke said. In reply to a kind of lending gasstion as to what the War Office thought it tunecessary to take he thought of the debate generally, Mr. Hutton- any steps for the formation of the Yermanrybach said I think the debate shows mistaken Remarve, as the Yeomanry were not up to motions about the motives of those who strength, but he hoped they would be so in i have gons to the trouble to criticiso. I do not think there are 'individuals influenced by few months.or a year. *

monetary gain or pricked by jealousy," Ï think there is nothing of the kind. Anyhow, this is entirely a question as to bow well-known forces will operato under given circumstances. Personally, I would like it to be known that in regard to those who have done me the honour to read my opinions and to refer to the same în Conueil, while I am always gentoful for their pointing out shortcomings, I am con- vineed, even where we differ, of their sincerity of purpose and purity of motive. Were such not the case on my part, it would not be con- In the cricket match Notis versus Lefonster.tributing towards stability of the standard or shire the former in the first innings declared firing of the standard but of lowering the the innings at en and, the score being 739 for standard-of debate............ 7 wickets. Willian Gunn wende 139 and John Gupu 294, which is the highest individual score of the season. The partnerabip of the Gunns contributed 387 rans, a record for the third

TITH COTTON MARKET.

London, 27th May. A crowded' mesting of master spinners was held at Manchester at which it was resolved to stop all mills during Whit-week to counternet the effects of American speculation.

CRICKET.

London, 23rd May. In connty cricket Notts hes boaten, Kent by four wickets. The match between Sussex and Leicestershire ended in a draw.

Mr. Chamberlaio, replying to a question in the House of Commons, said that Government wicket. bad not sanctioned nor supported hu. Importa- tion of Asiatics for the Transvaal mines.

London, 27th May,

In the House of Commons Mr. Brodrick esid that owing to the expensive living in South Africa, the cost of troops was about sixtaon pounds sterling each for food alcas compared with England.`.

THE EDUCATION DILLU

London, 25th May, Mr. Balfour in the House of Commons annowood the withdrawal of Clauso 2 of the Education Bill, thus leaving the executive control entirely to the County Council and

London, 26th May,

London, 17th May. Middlesex has beaton Gloucestershire in the cricket match by an ingings and 118-one.

QUETS,

London, 23rd May, Jameetjes, the Parsee professional racquet player, has beaten Browne by four to cue.

YACHTING.

London, 27th May, The Amerion ynoht Reliance boat the Con stitution in a ten-knot breeze thirty miles ran only by a plante, and the Columbia by two miles. The result is regarded as disappointing

Sir Thomas Lapton yesterday publicly stated

PHOTOGRAPHIC

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- EASTMAN'S KODAKS, FILMS AND ACCESSORIES,

DEVELOPING AND PRINTING UNDERTAKEN

A. CHEE & CO.,

17A. QUEEN'S ROAP, HONGKONG,

[38

prefer it. The other objections likewins fail in the Straits. The transactions are not so small bore au to make silver indispensable. Besides, with the subsidiary coinage as well maintained in the future as in the past, we esa continua our smallest coin, the quarter cent, under a Gold Carrenoy just as well. And the Aviatio here is enlightened and adaptive, and will gladly take gold just as the Anistic takes gold when he is in Australia, America, the West Indies, and other like countries. Other countries might object to the Straits joining in the struggle for gold. but that is now an obsolete trade and industry. Such a business man in impression. This is what the raport says no such a position, who has made the advance- ment of the Colonless special part of his regards a gold standard :—

programme, will mean wiadom, and justice | applied to the remotest part of the Empire. And Mr. Chamberlain being business than

understood and will recognise its importance, will make it sure that the question is well

which is mainly one of busi oss, being under etood, and instructions or no instructions, of it being settled to the interests of the Colony. For which thore is still plenty of time. Mr. Chamberlain could not know that! the evidence is considered not complete here. The Committee themsolves could not know it. The point has never been raised.".

***On the other band it can hardly be expected that the Straits Settlements, if it cheald appear advantageons to adopt the gold standard. should sacrifice their own interests out of consideration for other countries.”

"And this no doubt holds equally good as regards a gold surronsy, especially as the actual quantity of gold required would be so insigni- deant while the results might be so great.

"There is, I suppose, no doubt that the Committer went by the ovidenes. In foot they were bound to do so,

"But how Ban you substantiate your qualification of the evidence, and who is to be The judge?"

case

"No, it had not been raised bat—” "It has been raised with the local Govern.. "Well, I would be quite satisfied to let mont; only unfortunately so far no case has Sir David Harbour himself be the judge. been made out to their satisfaction. Perhaps Hnd I to solust a proposition, I woulda onse to their satisfaction can still be made out. where Perhaps what happened yesterday will make let it be thus: This is practically all debts due to the merchant them reflect. Hardly had the Council approved by the dealer (and they represent the of the measure when the great gambio wan

to be paid from started. We have already to-day a special| "Are these according to your view the only whole import trade) sca

external indebtedaoca due to the dealer. Straits archange and the troubles connected *ace of andden demonetisation, all therewith will now become visible. And the mistakes P"

In this external indebtedness in, owing to its being Bauke decline already to give notes against the subject to a different sloudard, exposed to great British dellar, or rather the Banks begin st depreciation (thereby affecting adversely the this early stage to hoard the Government notes

There is no banking machinery.e., the Straits dollars of the fulare," import trade) to enable dealers to guard against this, the places being too small and in many cases ont And the dealers off from communication. even where there is the machinery to gaord against, and though cuts enough to leara in tiuse to guard against, do not know enough to do so at the moment of demonetisation, as the offects are as yet unknown to them. It is

by the evidence. assorted that this state of affairs is not disclosed

"Never mind, that is not the point. The main question and the only question is, and remains, whether the Committes has been misled by insufficient evidence. That such is the case has also been forcibly shows at the mesting of Council. A mero denial cannot dispose of that. A mere denial never disposes of any argument. And that point it is to be hoped may still be looked into by the Secretary of State. It is not too late yet. He is the head of the family, and after Friday's pro- ceedings in Council o stronger caso then ever can be made out, especially if the question ne a whole is looked at on large lines and divested of details.

"What is your menning ?",

"But have you nothing to say against the arguments brought forward at yesterday's moeting P

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14

DIRECTORY CHRONICLE

FOR

the local management te Borongh Councils. that the new Shamrock is certainly the Inetest There were two men, of which one man had controversy can be narrowed down to the supporters of Government. Even the Chinese CHINA, JAPAN, COREA, INDO-CHINA

This second fundamental change of polioy concerning the principal measure of the Session, which is the outcome of the rosent narrow division in Committee on the Educa tion Bill, is regarded as weakening the Ministerial position.

Liberals are jubilant over the political entlook.

The Times describes the Government as blandering and incomprehensible. Many Con- servatives supported the Bill excluding boroughs from the new (oducational) authority. The Government majority was only 41. The Irish Nationalists prevented a Ministerial defest It is believed Government has now decided to exclude the boroughs. A gigantic Noncon- formist demonstration against the Bill took plase in Hyde Park yesterday.

yacht ever built in Great Britain.

[VIA SHANGHAI AND JAPAN.)

·VENÉZUBIA.

London, 21st May.

place in Further fighting has taken

Venezuels, and at a place called 'Tucsons the insurgente have been victorious.

A NEW TREATY PORT.

London, 21st May. The United States Government are expooted to secure the opening to foreign trado of Tatungkon, a port at the mouth of the Yalu, on the Chiness side of the river, and a few miles from Wiju.

THE FISCAL QUESTION.

29th May.

"I will give it to you in the form of a parable, already got, and the other had to get, a now hores. The man who had already got a horse was lame and was therefore only allowed a pour kind of a horse, which could not be of much extra service to him. The man who was still looking out for the horse was not lame. Ho was strong and healthy. He could ride say horse. And just one particular horse was in his reach, which would have been of the grostest advantage not only to him, but to ethers con neoted with him. Eat the doctors gave their opinion that this man should also get an in. to the considered lame, i. analogons" different horse. Though healthy he was also

be та WBY other men. And the bo treated, because by mistake he

was by some of considered to be lame,

to

Was

"With men of the stamp of Sir David Barbour, though nobody is infallible, paints of smallest. And it could be further condensed

External into a statement to the effect that: indebtedness has to go against all internal debtedness. This theory is ruled by a different standard, the depreciation of which it is impossible to provide against at the time of demonetisation. It is a position such as exists Lowhere else."

Excuse me, Mr. Huttenbach, but this explanation will hardly appeal to the man in he street. Could you not show in a simple common-garden way why you think the evidence as to local conditions is not complete or is wrong?" ›

That would be very dificult. Only it seams to me that if looked into there is not much difference of opinion. The scheme might do wall enough for the Natire. States just as it might have done for India What is feared is

complicated methods, it will not do for the local that with its prolonged, ita artificial, and its

conditions, not for the Straits, unfortunately. This was to a great extent admitted by the Member, though ho approved, condemned the manner of demonetisation. And there was an undertone that the scheme though adopted in name was to be subjected to alteration to meet local conditions. Then the point was made that the native was intelligent enough to guard, against the dangers of the scheme. But the Com- mittee meant to give us a "safe" "Bebeme frao of danger. There should be no necessity to have to guard against anything. Besides, that is not a question of what the native will do but what the dollar will do. And the fast that the Chiness can host the European strengthens the argument that with this demonetisation the

"I will try to. The Report says:-The Dollar has fallen from 44. 2d, to about la. 70.uropean will be compelled by the Chinaman to accept payment in British dollars, thus The dollar at the outset of the fall was preventing the kind of fixity desired being 4. 6. The 4s. 21. has been taken to be reached. It is a pity the Government cannot misprint. It is due to the evidence. This is bs made to see it, especially as there has cer- evidence of the point:

SIAM, STRAITS SETTLEMENTS, MALAY STATES, NETHER LANDS INDIA, PHILIP.

PINES, BORNEO, &c., WITH WHICH ARE INCORPORATED THE CHINA DIRECTORY

AND

THE HONGKONG DIRECTORY AND HONG LIST FOR THE FAR EAST Fon

1903.

THE FORT-FIRST ANNUAL Issue.

The DIRECTORY covers the whole of tho ports and cities of the For Enst, from Nother- lands Indiate Siberia, in which Europeana reside.

in

Not only is the Directory as full and complete each case as it can be made, but each Colony, Fort, or Settlement is prefaced by a DESCRIP. TION. carefully revad sack year, most of which will serve as accurate GUIDES FOR THE TOURIST, giving every detail in connection with the places, their History, Topography, &c., &e. The Information in these Descriptions, con-

with facts concisely set out, and containing statistics of the TEADS of each Country and Fort, would alano muffice to fill a large volume.

The CHRONICLE and DIRECTORY, ali. though printed in smaller typo than formaerly, nd condensed in every possible manner, con- tains every year more pages.

Last night an epoch-marking debate took his friends looked upon as sulculated to cause him a great deal of unnecessary pain, THE COTTON. MARKET,

Lendos, 23rd May, place in the House of Commons. Beth Mr. Owing to the price of yarn and this searcity of Balfour and Mr. Chamberlain enunciated pro- Thess friends had nothing to say against the foreign commissions, ten thousand Icoma ure tectionist principles and a complate change of doctors or against anybody. What they did idle and are thousand partially so in Manthe country's fiscal policy. Raw materials are maintain was that the conclusions arrived at to remain untaxed, but imported foreign food, were wrong, because the dasturs had not seen chester.

stuffs will be taxed for the benefit of British the patient themselves. The doctors had to go agriculture. The Government's policy includes by hearsay—and by hearsay of witnesses w.o The diflealties first experienced by the the areation of old nge pensions and preferanting themselves had either not seen the patient at Indian Mutiny P 831. (Mr. Adamson.) 18547 propared for the storm that is ahead and to

treatment of the Colonien. The next General all, or not for a long time. And if one or two Election contest will be upon those lines. had seen him lately, they had not paid special Meanwhile a tremendous controversy has been attention or study to his condition. These initiated, and an early appeal to the constitaen-friends wanted the hand of the family

830. (Chairman) What was the old valua tainly been no desire to embarans Government; sisting of a hundred interesting artioles, packed of the dollar?-Mr. J. Heim. The old value only to assist and if possible to be of some use. "And now? Now I have for the present of the dollar was 4s. 2d, (Mr. Adamson) done with the question, at least as far as the When I first went out it was 5s. (Chairman) Press is excerped. The only thing that oan When would that be; about the time of the now be done is to get the house in order to be

THE ADEN HINTERLAND.

Simia, 24th May.

Aden Boundary Commission have now so com pletely disappeared that, it is considered an- ne ssary to longer detain the Abbottabad Battery as part of the escort, and this corps has

therefore beau ordered back to India.

London, 26th May. Lord George Hamilton, replying to a ques- tian, aid the delimitation of the Aden Hinter- land had not yet been settled and he could not say when it would be possible to withdraw the additional troopa there. In any case the passage through the Red Bea in the hot weather would be risky for British troops.

THE TYPHOID OUTREBAK,

London, 25th May. Mr. Brodrick, in the House of Commons, anid the sale of blankets in South Africs way contrary to specist orders and he had ordered an investigation.

TIERK

oles in foreshadowed:

London, 31st May.

The financial proposals advanced by Mr. Chamberlain are welcomed by Canada, while the other Colonies also endorse them. At the recent Colonial conference all the Premiers insisted that somus mutual protective principle should be applied.

The Fress on the Continent in general is astonished at the sudden change of the British fiscal policy, and is commenting on the matter in various ways; but they recognise the justics of the policy.

The Liberals are making preparations with a vian to a general election in July next.

Loadon, 6th June,

48 is the par value of the American

American 889. No; the

dollar 34-90-99 dents dolar.

per pound starling. 33. (Chairman) What was the Mexican

is

dollor in 1870 P-The same as the American dollar; I mean the gold value. (Mr. Adam. son.) Well, I think, about 1870, i would be worth about 4. 3d. as far as I remember, 834. (Chairman.) Your argument, apparently, is that the dollar having been about 45. Ed. or 4. 3d, and having fallen to Ja 78., you think that the fair average value to all concerned, as accurately so you can get it, would be or something more? Something better, yes."

"Of course, the matter itself is of no impor- tauce and does not affect the scheme. It is only meant, as desired by you to give an illustration of evidence on local conditions,

educate our mussters, to explain the scheme and its working to the Chinese and Natives, and to give them advice how to behave and act so as to minimise the risk of loses to them and to the merchants."

CHURCH SERVICES.

S. JOHN'S CATHEDRAL.

14th June; 1st Sunday after Trinity. Boly Communion (7.3 m.) Matins (11 a.m.). Volanter Church Parade. Hymn, 391; Hesponses, Feriel; Venite, Al- cock; Peatus, Robinson and Dapair: Te Deum, B. Smart in C; Benedictus, Turle in F (11th M.), Hymns, 165, 257, and 542. "God Save the King." Voluntary-March from "Athalie," Mendelssohn.

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to look into whether the doctors have been misled or not. In the first place, whether the diagnosis as to the two cases being analogons not for the above reasons wrong, and should auch be the case whether the infliction of pais and barm, which in any case could be avoided, should not be proceeded with.”

"By just the one particular, horse" I sup, pose you mean a Gold Currency ↑ "

"Exactly. There can be no greater fixity with gold' than to have gold itself. Besides gold would be easier to get because it would not entail the labour to work up a abstitute to artifioially represent the value of gold. And it

"But do you think the Secretary of State would be more sare because there could then be no risk of the artifical value not being main. would alter instructions opes given ?**

"I think just from the way you put it a great Sir Henry Campbell-Tannerman, speaking tained. Sian will no dent in time getredeal can be explained. I think there is a mis. London, 25th May. The Times Paking correspondent says the at Perth, condemned Mr. Chamberlain's pre-her difficulties regarding the token. We could Chinesa Resident in Tibet is apparently en-posals as wanton and premature. We have entirely avoid them. And moreover it is just understanding I do not think that any in- deavouring by ronnd-about methons to induce tested Free Trade, he said, for fifty years, and what the Straits want. It will give the Straits structions were issued. There is I think only a the Tibetans to accept some frontier trade every day has evoked fresh testimony to its a new lease of life. If the Straits have gold, notification that there are no objections." arrangements with India, for the negotiation blessings. Let the Government heed lest in capital will be more attracted than by a taken No Secretary of State would ever force a change, of which an Indian Commissioner has crossed its recklessness it should set the Empire ablaze, corzenay however well manipulated. The in currency on such a new method, (and it is thus become the principal entirely a new method, although it does not and redues its prosperity, to ushes-N C. Straits can the frontier.

money market of the Eart of the future, and lonk so at the first glance) on a Colony by Daily News, London, 26th May.

thus retain the trade, and even get a firmer instructions. Mr. Chamberlain last of all.

"Why do you think so especially as regards held of it than now. The forees of the money market would be a substitute for, and be Mr. Chamberlain "Because, he is a Beore stronger than, the forces of transit trade, tary of State endowed with the genius of states which latter forces with the influences at workmanship in the fullest sense of the word. That must, it is believed, get less in time, and perhaps is to say, he possessen that wisdom which tious, and fore.ees their consequences, fiadig ut later on vanish altogether. A gold standard traces events to causes, unravels their complica might mean thu saving of Singapore.

*Retaining and increasing the trade here the same time the best mode of avoidance er would mean fostering British trade. It would interference. A rare gift which great minds make the strongest possible position meder exercise for the lozefit of their country and And not only is Mr Chamberlain possedut existing ciremstances for British trade and only little ones for their personal advantage -industry to pivot around.”

But is not gold not suitable for Asiatics an intellect, but that care foteleet has 163

ou the rare gift of being able to wold his idees countries?"!

“be suggestion that it is not may in noble thoughts, and to express them in d.

lified bodily from their feet. For an insatDEOVINCE OF SHANTUNG. for once to be altoge her in favour of England bivered like birds in spite as then ITS TRADE, POPULATION AND FUTURS apply to all other Asiatic countries but noble language. And as it fortune had means slap not to the Straits. These other countries are considered too pour. These who knew local art export. He is a bunces a great man it dropped down the face of the moun sin, 1 PROSPECTS. MO'S circumstances will bear out that this does not still more. a busincas man.

"Why do you lay such stress on his being a hold good here The Chamber of Commerce, Bertio, 6th June,

"This is above all others the century of The eruption of Mont Pelés is becoming who ought to be the best judge, recommended business-way ?"

Gold Currency, and I suppose would still not think it was imposibe to find the funds, again words.-0. Lloyd.

It transpires that the negotiations with Tibet relate to the carrying out of the Sikkim Treaty 67 1890...

LORD CURZON IN 'INDIA.

Londos, 25th May. It is said that the Home Government, while not nufavourable to the extension of Lord Carton's term of office, are disinclined to pro pose legislation enabling the Viceroy to visit Fagland. The Cabinet on general greands tire such an alteration in the law, but fear Parliamentary opposition. Moreover, practic. aily the whole of the India Council woul. objcot.

OLD AGE FENSIONS.

Landon, 25th May In the Fouse of Commons last night. Mir Chamberlain, re- ing the Bill for provid- ing:ensionat "gd uides rving poor, said

that Government must know how the womny for the purpose could be oltrived before they vdapted the old ng passions scheme. He did

GERMANY AND CANADA.

Berlin, 5th Jane." The very calm statements published by the semi-icial Norddeutsche Allgerine Zeitung on the German-Canadian tariff question are generally approved by the German Press, and are also very favourably commented on by the American. The moderate terms used therein have created a favourable impression even in England, as thereby a new Gorman-British Fess campaign to bren avoided. Germany has provisiocnily pos poned the enforcement of the enhanced tariff.- 0. Lloyil.

MOROCCO

Berlin, 5th Jane. Premier Combes'e statements about the Figig air have here given fall satisfaction, There is, bonever a marked, movement in be French Press tanding to the annexation of Morocco

O. Lloyd.

MOUNT PELEE AGAIN,

in

MANILA MACAO CANTON BWATOW AMOY

FOOCHOW SHANGHAI

TIENTSIN

FORMOSA

Messrs. A. S. Watson & Co., Ld. Yuen Cheong Book Store Measts. A. B. Watson & Co., Ld, Mesers. A. S. Watson & Co., Ld. Mears. Kelly & Walah, Ld. Messrs. W. Brewer & Co. Messrs. Sistas, Plambeck & Co. Mesnes. H. Bistas & Co. Messrs. H. Blow & Co.

Mr. A. W. Gillingham, Tommi Messrs. Sietas, Block & Co.

Some curions accidents caused by avalanches are described in Pearson #. One of these SHANGHAI occurring in the Alps was as follows: Monte Tarrau

by Bess has been climber bres ørfour times CURVOO

there parties to perinud, lu me es Libra adrentarang mogotain ers to the Italian side, notoriously exposed falling io. O PONT ARTHUR

bulatzes ninedih filouft part of the an yet in the exterr. pic. The COBEA Messrs. Hodge & Co, seni Breter waklis put on, an their NAGASAK." Nagueaki Pros" Ofice come to driak some Kons-OSAKA "Kobs Chronicle" Office. An e sto pofi.1 bis cap a tre con- YOKOHAMA Mess. Kelly & Walsh, Ld. ar broke on his exte, and as he ga toward his companions he gaw

water,

3.

of a great avalanche now swept past, an 1

Frees**

THE

the porter, creaching a sinst the rock, real and Reprinted from the "HONG KONG "AILY PEES" Price, 50 cents Cash, Mossra. Kelly & Walh that the blast of a repressed air driven before

Hongkong, brat January, 1906.

the mighty volume of racing ics and snor bad or Daily Press Office. overwh led his party..

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