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ACTING MANAGER Staugus-W, ADAMS ORAM.
LONDON HANKERS-LONDON AND COUNT Y BANKING CONPANY, IMITED
HONGKONG-INTEREST ALLOWED.
Du Current Account at the rate of Two par Jent, per Anuum on the daily balanos.
ON FI DARONITS
por cunt, par Annam. per cent, per Anwe per cent, por Annam. HER. HUNTER,
Asting Chief Manager, Hunghong, 17th September, 1906, 24 EUTSCHLASIATISCHE BANK.
FOR
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BRANCHES
THE HONGKONG DAILY PRESS, MONDAY, OCTOBER 1st, 1906.
BRITISH NAVAL SUPREMACY,
IS IT IN PERIL “
The periode (a), (b), and (e) include a large number of partially bolted shipt for Great Britain, whereas, Pranco and Germany have buen sigally justified by the batilo of Tenshima in adhoring to the policy of an armour bolt along the whole wata-line. The lesion of that battle points plainly and aunistakably to the fact laat it is suicidal, in fane of good gaunery. te sand cut ships
with large anarmoured purtisa in contact with the water-la. Not only are the fifton battleships of the Majestic nat
1
classes the possessors of the 12-inch Mark VIII. guns on whose performances the fall fight of publicity was sleighteen months age, hat their armoured ends will conder
Mr. Caelyan, M.P. weites in the Daily Graphic Your Naval Correspondant is rendering a signal service to the country by ustim new situation orated by impressing on The Intest development in the designs of Freuch and German battleships. We stand at the part ing of the ways, ns ure didía the fifties, of ententes cordialo fame when international innketing was the ral, and France was par mittel. 1859, to crop up to a portion of
ality with practical equality
theen eur Navy Our a supremacy is vital to as for vil hout it the British; aut this death traps in a naval bat.
this romark applies to all our ships. Monbi become a are geographical of warlier data, Breulioults or no. Desad- expression. Tharators the question whether woughts, the gradual reconstruction of the are losing ground is one of parrot inport. Hets was demanded from the moment the ance. T
say that such and such compiantion is Admiralty dived the rs of the British praposterous is not cousinsing, For statesmen naval offers comerning the lettle of Tsushima. are falliable, and it is ret easy to forget that Tester of telling the country the truth an to both ir Hary
Remands on 15.
גן -
my.
Chamberlin emas, and Mr.eur sition, a bezus programi is insand by jast beford the Trasury and Admiratly, in which Treasury War, that u informals wer neded, is that predominant part ser Admiralty France, Russia, and Granny comland to does the window dressing, involving program. core Japan in 1997, and if we were al ware of six battleships and armoured ornisers with Frauen say four or five years henen, there i
for wo
wherins for the fouriem years would bone hinge fut the string of the Navy | coaling 1992 we la' down at the rate of six to present Germany pressing extravagant battleships and fortem craisers is two years,
or three time
Taking arred cessis only, wo Inid down in the six years ending 18), aur averages of tourly seven ha fis
and
Cruisers every two armoured res Though individual Strath of its undoubtedly makes up for want of sambers in battleships, it cannot possibly do so in cruisers. This latter been worldwide duties. the bulk of which are not actual fighting. but ujo of the antago that leads to surerasfal tight-
minwar to г.
Berlin, Calette, Hakow, Pelting. Tintain, Trinnufe, Tsingtan, Kobe, Yokohama, Singapore. Founded by the following Backs and again.
Bankers-
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DIRECTION DER DISCONTO-
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Sold in two sizes by all Chemists and Stores, ad by Watkins, Ltd., and A. S. Watson, A! Kim Hong
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HAILWAYS IN CHINA.
THE OLD, OLD STORY.
Your Correspondent refers to a ronaut officia austin which pressed of bring out the fact that the preponderance of old cassols,
, which is so marked in our list of is oven to be found in the Britia list of first-class battleships. Incidentally your Best
to contributor, who is wall known to have studied the question of relative naval strength for uuny years, delected the omission of our maler first class battleship from than (fewman list He will be intenabił to hear that the moment to answer was nived, for which fls Admiralty was given plenty of time. I sent in a
caveorning protest
thin
glaring error. still awaiting an
112 1. 2n xuation
how an error of searly 17 per cent in the German battleship strength for the period 100%-7 inclusive, for battleships laid down er sure to be made. Surely should
er projected, Surely a responsible Cabinet anvi Bourd เ
have auxionsly considered the figures again and
I pat this question 16 his answer, which I give for what it is worth, is that all things are possible to an Admiralty which in Norenbor can pat forwaril a minimum programms of ight acarred shipa for thinking cailway Tang Shao vi lys sings informed the Britisa Lagation that ba years, and in July, after wing the Mentag Edict in raply this in morial for the provision reminds a reduction from sight to six, or posibly five, armoured reals, in face of an of fans will probably be issued, within thres meras, sanctioned-in' „May, of ki
KIVOR armoured ships on the part of Fraves and many is cliff sult to undersignal. Just as it is difficult to me, however, maks ons plain entament. This is got the list time that I have received an answer from the Admiralty characterised by cosmom of the truth.
I auit the the Admiralty are! within the rights in making it an invariable rule to give a little information as possible in alwer to inconvenient questions from 3. P's What Lord Truth is colleagues have got to be made to understand is that there is a
and perverting the truth.
friend, and
F
f
j
Wiring from Peking on Aug. 24th, the Tauen“ failed to fall her promise last Sundby to muka corresportlas said -As was foresan, China: parisios fer funds for the completion of the
Pas policy of constand isregard of promises
understand why the shunt-Lauthorize the con strnelion under an Emperial guarantee of a rail-
Jining the three great centres of population Shanghai, Soehary, and Nanking and then permit officiala jike the coreapt Song or the conservative Vierny Chofu to prevent the railway from ring marer than five miles to Nanking city wall or nearer than four miles Lo thebeasties quarter of Somehow. Tang Shao-
BAYERISCHE HYPOTHEKEN UND WECOM | real listinction between concealing the truthamining of the disappointing traffic receipts
BANE, MUENCHE,
LONDON BANKENS: 3. N. M. ROTHSCHILD & S THE EMION OF LONDON AND SMITH'S
HANK, LIMITAL.
Deutsche BANK (BEIJN), LONDON AGENCI PARCTION DEL Disconto GESELLSCHAFT,
INTEREST allowed on Current Account, DEPOSITS received on torms which may be feared on application. Every description of Banking and Exchange business trazanoted. HUGO SUTER,
Manager. Hongkong 1st May, 1906-
127
I pass from this pleasant subject, in order Lo dwell
the use of this dors after correcting it for the loss of the Montagu and for the oison of the Games battleship, The
covered us one of twenty-to years in quinqueonial periods from 18 for first- class but ships laid down by threat Britain, France, Germany, and the United States. H is thus open to anyone to reconstruct, the tab|- hy dodacting the ships of an older period as brolato, and so ascertain if we are retaining our position. Thus we can make compuisous for-
(a) Shipsss than twenty-two years old. (b) Ships less than severfan gears oli. i) Ships loss than twelve years old. (d) Ships less than seven years old,
yi
of this railway: yet he is aware that the povincial authorities are doing everything
able to chstrast its murning power. The mastilians for Kowloou-t'anton railway we opened yesterday.
нага
In the case of the Pokior Syndicates DC-mails railvas from the mines to the waterway, the Chinese complain of the hardship of having to
5p. good their pnavaufen of 11111160
railway. They ni cupital of the interest tau they were plain that in giving thus garant led to believe that the railway would earn this aunt, and they are cing in to find that the railway is not earning vanning expenses and that they are compelled to pay 1.50 cals abent £25) a month for losses in working in midition to the 450 per kaum guarantee. Tha (+) Ships aid down or projected for period Peking Syndicate, however, hopes that if th TE Businger of the abNG AND SHAN-7 inclusive, the United as th
water diffenties can be overpomno pespects will ted by the LONGKONG AND SHAN only nation which has out
has syndicat preproves Meanwhile, the HAI BANKING CORPORATION, Rolsgrinme for 1997.
arranged to purel 15,8 tons of coal from may be obtained on application..
INTEREST on deposits is allowed at 3 the earnest attention of the public. Taking yudicate's mines and to transport the coal by The resells are so remarkable as to deserve the native cont mines in the vicinity of the the British force as a percentage of the total junk to Tientsin for vile during the coming force of the three Posen for the different winter. perinds, we hare of first-class battleships:
(a) Twenty-two years old or under, 75.4 per
HONGKONG SAVINGS BANK.
PER CENT, për sanum.
Depositors any tansfur at their option balancer $100 or more to the HONGKONG AN SHANGHAI Bank to be placed or PIXEF DEPOSIT at 4 PHR CENT. par sanam.
For the HONGKONG AND SHANGELI
RANKING CORPORATION. H, FR. HONTER,
Acting hier Yaqadar.
Hongkong, 30th May, 1906
24
cent
disclosed
2.
The powers of the country, its powers over our moods, are not illimitable. Altinges bills.
(b) Seventeen yours old or undor, 675 perist. skus, bright hedgerows, or barn be
cent.
(e) Twelve years old or under. 56,9 per cent. (d). Søren years old or mader, 49.7 per cent. (s) Period 1905-7, ouly 35 per c Lord Goschen has rightly sail that our
ONDON OFFICE: Threadneedle House, E.CHE BANK OF TAIWAN LIMITED Nary mast bear a certain fixed proportion birds at dawn, the said of children's vis
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LONDON BANKERS.
NATIONAL PROVINCIAL BANK OF ENGLANT- LIITMI), UNION BY JONDON AND SMITH's Bask LIGHTED,
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For 1 months 4 per cent per annum.
For 5 For 3
་་
*.
I. PINCKNEY,
Mauager.
Queen's Bond, Central, Hongkong, with September, 105.
1459
NEDERLANDSCHE HANDEL.
MAATSCHAPPIJ. (NETHERLANDS TRADING SOCIETY), ESTAHLBUEN 1924.
PAID UP CAPITAL FL. 45,000,0μ0 (£3,750,000), RESERVE POND... T... 5,000,000 (£117,000).
HEAD-OFTICE IN AMSTERDAM. HEAD-AGENCY: BATAVIA, Branches-Singapore, Penang, Shanghai, Rangoon, Samarang, Sourabaya. Choribon. Tegat. Pacalongan. Pasooronan, Tjilat jap. Padang, Moda (Deli), Palembang, Keta- Radja, (Acheen) Tolox-Somewa, "[A÷hesu) Bandjermasin.
Correspondents at Macisar, Boulay, Colombo, Madras, Pondicherry, Calcutta, Bangkok, Saigon, Haiphong, Ilazoi, Amoy, Yokobana, Kebu, Melbourne, Sydney, New York, San Francisco, &c., dy.
LONDON BANGERS:
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CHARTER
CAPITAL SUBSCRIBED Yeu 5,000,000 JAPITAL PAID-UP
2,500,000
KOTABİPEKTRALASIAN 11
HEAD OPPICE: TAIFEH, FORMOWA,
Amoy Auping Foochow
BRANCHES AND AGENCIES:
Kobu Narasaki
Tainso Tamazi Tokio Yokohama
Osala
Shanghai
HONGKONG OFFICE:
3. DES Veux Road. latornat allowed on Carrent Account Deposits received on terms which may be liørned on application.
(099
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'THE CHARTERED BANK OF INDIA
AUSTRALIA AND CHINA.
INCORPORATED BY ROYAL Charter, 1955 HEAD OFFICE-LONDON,
CAPITAL PAI{MUP........ RESERVE LIABILITY OF SHAKE-
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£800,00
£800,000 €975,000
INTEREST allowed on Current A “count at the rate of 2′′, per amat on the Daily balances
On Fixed Deposits for 12 monthe 4 per cent.
6.
3
34
r. P. COCHRANE,
Manager,
Hagkong, fath May, 1906.
114
THE USION OF LONDON AND SHUTIE'S BANK, THE MERCANTILE BANK OF
LIMITED.
* The Bank buys and adle and receives for collection Bills of Exchange, issues lubtors of credit on its Bronches and Correspondents in the East, nu the Continent, vod lù Great Britain, Aworien, and Australia, and transacts Banking Business of every description.
INTEREST ALLOWED.
On Currunt Accounts 2% por anuum on daily
balances.
Fixed Deposits 12 months 41% per annum.
& do. 4%
do. 3 do. 33% do.
do. do.
INDIA, LIMIT:0.
AUTHORISED CAPITAL... £1,500,000 SUBSCRIBER ART 1,125,000 FAT-TH
562,500 LESERVE FUND
135,000
BANKERя: LONDON JOINT STOCK BANK, LIMITED,
INTEREST allowed on Current Accounts st
the rate of 2%, per sang on the Daily balano
OR FIXED DEPOSITS
For 12 montha.......................................ion 4
6
3
2%
L. ENGEL, Agent,
[1450
E. ORMISTON, Manager. Hongkong, 26th March, 1906.
26
Hongkong, 23rd July, 1906.
Batch of which is a network of mosuaS ADI Bowers--at fiwos all Linsu Ulings are mockeries upon whom very surface the sunlight lies like sas achtores the digt, at a tins, impresible and serene twiligh
15, the chorus of to the Navies of the world. We are certainly living in a fool's paradise if we imagine that in May. Funs imperyoly virid sight or som
from deep wouls or the bine flors of coppices thefixel proportion is being maintaineul. Our
maintinitsly complicated sound, some overwhelm- steam mercantile Karine dousiere e satisfactory because it maintain a currying head, so blessed Leno'i from the material ing hour or the fol of the wind on this fore. capacity equal to that of the rest of the world work will piores throne the les And it is combined. The Nacy defouling it must these things that are unforgetable, it is bliese steadily sink in its battleship strength from things that keep us going.
731 por gant to 37.5 per cent of the Navies of the thres strongest Towers, unless we sen prepared courageously to follow up constant policy of replacement of old foudage. The cue is really worse than I hare represented it to be, for all old French and Germau battleships are
ara systematically reconstructed, justifying their inclusion among ships of a more underu dais,' and I bare taken no account of the French and Germa
od and third class battleships and coast-defence sals, which could h used with offct against our ships Was y Take arred and
1.30 h emised on tla two-Pow standard.
figuros I must my renders in į
With
RD
remember that no battleships are ineluled for the United States in 1907, wherpas thre Dreadnoughts are credited to Gred Britain. The ages carruspond with those giran for the Brackti attre above, and the first gara in for Gront Britain, the scend a combination of France and Germany, and the third a combina- th of the United States and Germany :-
(a) 58 as compared with 51 and 56,
(by 52 as compared with 49 and 55.
(e)
as compared with 41 and 44..
18 as compared with 29 aut 52.
6as conpared with 12 and 1
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Hongkong, 16th April, 1906, |--