REVIEWS

THE HONGKONG DAILY PRESS, THURSDAY, JANUARY 17TH, 1907.

The S news of War. By EDEN PHILLPOTTS and ARNOLD BENNETT. London T. Werner Laurie.

INVESTMENTS AND THE GOLD RESERVE.

ONE POUND NOTES NEEDED.

too little for international banking, and] are not up to date in foreign exchanges, content to let foreign beanke control this very profitable busiVEAK.

Our inadequate gold reservo is the scan of the unsteadinons of our Bant rate. The Enormous loss: 3 caused to all merchants and

traders who use bank overdrafte, or whos bills, would be entirely. busiuoss necessitates the use of commercial 1 by doing away for ever such

Bravoided

to the progress and prosperity of the country.

try. The aastoadi ness of the Banx rute is prejudicial to investors, and there is already a disposition to seek forest

rain other lands iù cous-quence. It is undoubtedly the duty of the bankers in th British Isles to devise a plar to be submitted to Parliament, if necessary, to reform our gold

of reserve.

Who's Who Loudon A. & C. Black.

The 1907 "Who's Who" is in our bands, nad

This thrilling romance of modern London again we are faced with the impossibility of flud-

will bear favourable comparison with the It is impossible to name a political, religieus, "Adventures of Sherlock Holmes," and may be og any original comment to this useful book of

or scientific problm of the day upon which zeference, "Who's Who" for this year is heartily recommended to all who bare a liking there is such wonderful anaximity of opinion biggur then any of its predecessors. It con for stories of mystery and imagination.allogether inadequate for the immense muga

that the Gold Reserve of this country is

tains over 1,000 biographies, every one of As a re these tales of crime and 11 tude of the inancial and commercial interests which is submitted for personal revision, and nedotection can be lumped together under à general at stake, says a retired banker in the Financial the same priustaking efforts are noticable in heading, but there is generally some fresh in-

Periw if feeviews,

Chancellor the Exchequer, statesmen, the compilation runders or users will repose the gredient introduced into the mixture, and bankers, and

commercial men have Trpestedly same confidence in the accuracy of the informs certainly there is in the present instance. The pointed out the perilous position our small stock tion supplied. There is always è fascination "ingenious" one of the volume is a man possessed of gold may bring about. Bark chairmen find it about “Who's Who," Bebind a bald phrase of immenso bistrionic ability which ho uses to

an inexhaustible and often most convenient with which to regale annual meetings of topic -like clasp and medal 1877" them is unnally the confusion of society. and thus loads the shareholders. It is so ruch more agreeable a thrilling story which stimulates imagination render to surprise after surprise up to the close to discuss this subject, that never gets alale, and bistorical research Then what a thought of the volume. It is the story of a murder in than, say, the appalling losses caused them tmusformning event is discovered in such a bald the Kingsway, told with all bus accustomed by the Fensalient depreciation of their in TEN! ments and reserve funds during the past atatement as published " Natural Selection 187.1." | mystification and following up

of wrong

Енд years. Endine have been the dis What discoveries in the realm of science are

scents. Into lodging houses, cluus and then- cussions among business men, fangere, suggerted by

notwithstanding the marvellons few words. ค

anil what tres the reader is taken in quick successions, but, that our gold world inflaming philosophy is compre and after a dash to the docks, in rushed away to "greement

reserve i abworthy of he Nation, there is no honded in

the brief sunouavement that The West Indies where the mystery is solved definite cheme before the country for

and another startling phase of the romance revealed. From sart to finish the story is irresistible, ant apart from its vivid pictares of London life, coutaius much that makes it certain of a wide oricle of readers.

a cortais publication oppenvet si such auf such a time? The Triumphs of the diplomat, the thought of the philosopher, the achievement of the scientist, the success of the man of beltes lettres, the exciting adventures of the explorer, and the brilliant feats on the battlefield—all there, as well as the conspicuously uniuerut COLIE HORRORS" IN ACHEEN, evonte in the conspicuously insignificant lives

of smaller fry or unfolded to those whỏ cus rend. In the fullest soase of the word "ho's Who" is an intensely kutats book, and ita mes of data ia capable of expansion into most interesting history. After all Who's Who in its own advertisement. It has become sine qua non in most office libraries, or perhaps it is better to regard it as an indispensable pico of desk foruilure. Certainly, no one woulit! core to go back in the days and the conditions ben" Who'n Who" was unknown. It is immensurably unperine to all its rivals, if any of the smaller prednetious of a like nature can be so described, anul it is no idle compliment to

say thint the present issue worthily maintaius the high reparation which the publication has woo. "Who's Whe" is comprebeunire. It is packed with oft wanted information. And It is best described as above all, it is recurato

biographical dictionary, which as man who wishes to keep in touch with the world's happenings can afford to ignora

Who's Who Year Book 1997.

C. Black,

London A. di

A useful companies book to "Who's Who" is the Year Book which comes from the office. It is full of useful information a arranged that the particular subject desired can be easily found, and when found the text gau be

mend at a glance.

The Citizen Rifleman, B3 E. J. D. NEWITT

London. George Nawnes, Ltd. Prica 2/not. The captain of the English team in the International match at Cardiff last August bas issued an attractive lit le chame dealing with auch subjects as the management of rifle clubs, the construction of indoor and outdoor ranges and the important question of markemanship The volume is published by antheri'y of the

ALLEGATIONS OF A CUTCH NAVAL

LIKUTENANT.

The Folk, Socialist newspaper published in Holland, costrine sensational rorointions of coolie scunilats in cheen, written by a parol lieutenant named Beech, who at one time WOY engaged in tramway construction there.

Chinese coolies were the only labourers avail able for the tramway. themselves among a hostile population, and bad On arrival, they found to bo guarded and escorted by soldiers. They and their debts were made over to the crs He told them in tractor, a Cainomax, Loc. groups of 20 to 3 to Chiness underlings called "en condition that they bought the mandore" en rations for the coolies from himself. To make profit the rations supplied were of very in death on them. ferior quality, and the coolies were worked to

a

COATIN

The reenit was that, in the first three we ke after arrival 2 por cout of the new peually died. Twenty per cent more followed in the next three months. As a matter of arse, about half the cool.es died in the first six

the cuplies suffered terribly from quartere disease. Cholora often carried off from 10 to 15 a day. Chinamen caught outside the quarters in forbidden hours were lanbed

th the

The wretched coolies who arrive all this, rattan--sometimes 45 Jurkes each were given.

found to

bet they uns are packed off to China, as they may be. The other day a batch of 20) were sent back hither by way of Java, Their miserable condition on transhipment aroused strong public comment. Attempts to land them at Penang failed owing to the strictness of the barbour regulations there.

months, Uuddled pot

in narrow and unhealthy

and

are

Leensideration of a drastic remedy.

It will be well to compare the stocks of gold of

the priucipal conscies of the world.

Kensundet, 2014,

Metalen, Enc

...... inffver; } ella,woon 4044,105000 400,ANK, HOG

United States Tresmitry ATOM-00

£47, Texas

Austria-Hungary (pall)

Calver

+91-99.74

21,22,00+)

CAT,TAI VONI

The Government act

not only a A

Government, but also as a competing banker in the Government Post Office Savings Bank. There are three lucid, reusovable, and feasible proposals ready for immediate consideration that could and ought to be at esce

(1) That all deposits exceeding £99 should be

reedit # forthwith exchanged for, Consols, and that is fature ao deposit should ed that sum, and that, under no consideration interest ever allon ed en more than £99. That the deposita ailowed most ant excred £25 in any one year.

(2) That inland post offies and

postal order in future should not be issued for kuran exced ing 19 G Thia for the purposes of aarating in the issue of one ponad uctes, as will be seen later on. Doub loss an increase in the nasober

registered letters would follow, sad make up somewhat for the loss of csmmission.

and might

of

of

13) At present the helor of

Gorerament Post Offer farings Bank book is able to wiili deBase in the Kingdom, thus forming one from any Government Post Ofst ex Savings

of the best cicular netes issued in this or say other

Savings Bruk, and should either be disconti causes a loss to the Government Post Office

country. But

such withdrawal

nued or at least a commission charged.

Go many Eagland..

£22,000 (40 The statement, so flattering to our bankery and the Financial contre and Money Market of the so much beloved by our sity editors, "We or world" certainly not warrented at the

ig present day. It will be more correct to put it in the past tense, "We were the Financial centre and Money Market of the world”.

The traders and commereist men of England (although they may not be aware of the fact are indebted to the consideration of Japan that the Bank rats was kept below 5 per cent for over twelve months:

д

be said

PHOTO

ALBUMS!

PHOTO

ALBUMS!!

3

PHOTO ALBUMS!!!

LONG. HING & CO.

No. 17, QUEEN'S ROAD.

THE LEADING COGNAC.

18

J. & F. MARTELL'S

BRANDY

AS SUPPLIED TO THE HOSPITALS,

PER DOZEN

$28.00

10% DISCOUNT ALLOWED UNTIL FURTHER NOTICE.

SOLE AGENTS:

TPHONE No. 135. 261

H. PRICE & CO..

at 105 or more --not a few will have

WINE MERCHANTS,

he invested in gold, and nothing but gold, and of the Bank of England. In bank reserva funda that gald deposited with the Issue Department the investment has to be considered from the point of view of the safety of the ospital rather Our British Government, however, as Government, has a duty

that the this matter of rold

interest

Bank directors ani produced. bank reserve. It pawned to teas than £4,000 sustinet as regards investments over a series managers have 20 more of the propbetic worth of securities with the Issue

* Department of

How of England was empowered to issue bank notet have not Conspis standing in their books bought the Bank of England, against which the Bank of years than most ordinary folke

many banks are there in the country that to that extent. It is not time this security rear redeemed in goli ? Of con so it may

bought at the time

not convenient. It rarely is even higher prices than that. Trading and when pled

be redeemed edges have Governments must pay up wh

Ever flaring concerns invent their reserve Engloud. Japan, therefore, during that time to do so, and the £150,000,000 of Closerument similarly Banke are dealers in securities of all

when compelled

quite apart from their

eir own busin€8. Why abe uld not banks compelled to set may be said to have been the financial centre of Post Office Savings Bank deposits render it iminds and invest their reserve lands in the very the world, for at any moment she could have perative there should be no more delay in this insisted on her rights and thus have set up our W

Dow come to the Bank of England. In securities in which they deal, and very virid Bank rate, to the great detriment of our trade addition to its

results of sneh calamitous dealing are now being What a shock it would have bank, and earning dividends for its proprietors, America are compelled by law to bold 5 por and comm. ree.

8avy other competing

displayed Banks in the United States of bren to our vanity and insalar conceit to have

is thu

Government banker andbasthamanege. the Bank rate announced by special permission ment of the gold resorts and the monopoly of cut in gold in reserve against their deposits. of Japau á per cent!" It would, however, have the note issue. Why should the Bank of before it cannot be a hardship if a law were been absolutely a true statement of the position England be expected to move in the matter, and passed that nɔ future bank roserve fund ahalli of affairs.

The gold Japan was entitled to withdraw from London was held over until a mere convenient season at the request of the Bank of

like

'the'

cent

bo

2

~

of France is frequently outed to the Bad the Bank of England bendera exceeds a sum of £1,000,000, it is quite i

ciream-

our bank rate nusennoed by part: Wo England: and, completing the list of baukera, We

permitted to be so desigested unless it by against gold deposited in the Issue Department of the Bank of England.

the A

of total issue post-office and postal

possible the demand for uns pound notes might altimately attain a rey large sum, possibly evan £1,000,000. If the proposals in this paper were adopted there world be with. nut much delay an accession to our goll reserv

as fellows I-

Redemption of scarition by

the Government in gold Reserve Funds of Banks in

gold, say

e pound noterisaned

against gold, By...

£14,000,000

30,000 000

20,090,000

pool of the Anclaty of Miniature Rises the latter to revise its coolie immigration Market of the world is not now Londontion is that if each bank could issue its own fluctuations in the Bank rate. The proposals

Clubs, and is highly praised by Lord Roberts who has written a short preface congratulating Mr. Newitt on the opportune appearance of his useful and interesting work. The book is written in a lucid mauer, and is illustrated with many ait photographs and drawings.

▲ Gamble with Life. By FILA: K. HOCKING

London. T. Fisher Unwin.

This is the tale of a man who has ou invention

country, and dud work for thousands of wilting. bands.

For yours ise bad been working at it, and in order to carry it to a mocessful laque, desires to borrow a thousand pounde. Ho takes out a policy on his life and given it as security to his lawyer, agreeing, at lhe same time, that

the

such

bank notes

larger

than

a position that any nation, or than the average requierger stock of botes combt adapt the vast changes suggested within

bank in

notes

be

made so obat ba

bered also that

erist now. It must be remem-

in the event of failers he will makebisexit from as the evils complained of came to its they ona spoil our trade and commerce, possibly Book of England, the words "a 0,16 / In the pockete of the people and the bankers'

WAS

19, QUEEN'S ROAD CENTRAL,

SUFFERED YEARS

»

35

WITH ECZEMA

Caused a Loss of over £300 in Wages in Ten Years-Limb Raw as a Piece of Beef-Scalp also Affected-Doctors and Hospitals did no Good.

A TRIPLE CURE BY THE

CUTICURA REMEDIES

"My eczema has been ten years' stand- ing and it has cost me over £500 in loss of wages. I am a carpenter and joiner by trade. I have been under doctors, and I also attended the skin hospital, but none of thein did me any good. When I was at Horley I purchased some of the Cuticum Remedies, and I was working about all the day, not giv- ing my leg a chance, but after purchas ing 12 sets of the Cuticura Remedica they cured the eczema in my limb. I also had spots on the scalp, but they are all gone now. I have find them sore pimples 50 years. My scalp is now all olean. My eczema was on the right Fmb from the ankle upwards,which was as raw as a piece of beef. 1 ehall recom mend the Cuticura Remedies to all 1 Publish thin se afflicted with oezema, atstement for all the world, and let any one write torne und Twill reply:

" also purchased three vials of Cuti- eurs Pills for my wife and they have dows her a lot of good. Before taking them she dared hardly to eat anything o account of the pain afterwards; now che can eat anything and plenty of it. She is getting quite fat new and is quite

a different wann. I was first advised to try the Cuticura Komedios from a max who lives at Redhill whose father was cured of a bad eczema on the head. No doctors nor hospitals could cure it. After a few applications the whole crust of the head came off and left him a healthy scalp. This man'

sage wanover seventy years. Although I sin cured of eczerná. Í shail always have some by me, and use the Cuticura Pills now and then, for I find the Pills keep my head very eleur and my appetite good.

Chas. Gambrill, 166 High St., Ramsgate, Eng- land, March 7, and April 17, 1906,”

Complete External and Internal Treatinant for Every

cure a tu chrape the skidy Cutite

Dumver at Interim 15$diven, épil Adfkrize 10 Cuif..

take the consquent responsibility and expanse During the Bering crisis the London money The Bank of England is not a Government market applied to Rusis for the loss of Bank. like the Government Post Office several millions of gold, which Russia graciously avings Bank, but the Isame D-partment of t planed at the disposal of the Bank of Ergiand. Bank of England is 12 Government The Bank of assistance of the Bank of Eugiaud, is re

and

ever institution possibly we should long ago have ready and willing and, what is moro, always able had a gold rearre like the Bank of France, end to help because of her enormous goid reserve no end of bankrupteise anight have ben tavad Sarely Paris, the lendor under these cires stances, is much more entitled to the honour and greater prosperity resulted. Corisinis the being entitled the Financial centre of the World great body of the people in France are better off than London, the borrower. Again, imagine army of

ord than ear people are, with its ever-increming We have so far considered of unemployed. of the

the Government as

as bauker, aud

the Bank of Bask The Chinese Consul General at Singapore need to

of Franse remains at 4 bas informed the Foreign Affairs Board at

need to be reminded how greatly y welcomed and come to all other beakers, including the Scotch Peking of the facts which bad come to his much appreciated at the time was the araistaude and Irish, and not oven excluding the colonial knowledge about the ill-treatment of Chinese rendered to the London Money Market by the and foreign with offices in the British Isle anglies in Netherlands Indis. He advised bat United States of America anderwriting a

Or an addition to our existing Asked why they do not deposi: gold in the million the Chinese Miniser in Holland should be

or more of the War Loan.

Isus Department of the buve been the fact some their ananimons reply would be, Whatever may buvs

Bank of

gold renorva of... Eugland,

£1,000,000 directed to open a gotiations on the subject twenty or thirty years ago,

The ate which would render unnecessary the bewildering the Money monopoly blocks the way. with the Datch Government. The object is to

Thou

the presump and costly interforenes to trade by the frequent laws, and to agree to the appointment in fisture-It has recently changed, and been found Netherlander Judia of a Chinese Vice-Consul now in Faris, now in Berlin, now even in New would gladly oil old to deposited barkers do not presume to be anything more than an

themselves whose special duty will be to lock after coolies and render our position so becure that were any monopoly was thus brekes, whether the deposits will be well to point out a less revolutionery

York and Japan.

of the privilege, outline." It is our duty to look atiend It is not quite demonstrable, if the pote Before concluding this paper, however, it of his nationality.

of these catione cisposed to be unfriendly and of gold in exchange for such notes of their own plan than the one discussed. It app are almost The Straits Times comments: The matter to refrise their kindly officer we could still get wond result in a much) has been taken up by certain members in

the bostionable al-ag without

monstrous to expel that the Government, the second Chamber of the Starea fitarral at the the credit of the notions. We su drauging maximum already held, for it is

if Bank of England and all other banka would ere reb ought not to be Hugue. It was painted out that the coolies in

the public conlinsesilate quarters were extremely bast and nahent thyebination of nations, could deal us

during the past few any reasonable time aiting such a panic, for that the parishments inflicted upon the men, a deadly blow. One shudders to think what There might, however, be

years, unless one pound notes weD irated. instance,

ace, that would break of no further delay pecially the flogging, were ere; and that the Disasters could arise while we are so much at note monopoly.

be & modification io the in

in establishing a

a gold reserve to rid us for over Is there any ransou why an of the possibilities of such disasters. sick were badly looked after, with the result th that will revolutionise las chief industry of lais Disessa alone (malaria, dysentory auf beribosit not to the interest of any wobey market to the menopoly The country ought to have the the fricau mines remain productive. Austria

there was s heavy death rate among the cooliea.

their mercy. Of c

course,

may be argued 115 issue of one peand not be tried? Any and rast difficulty in obtaining the gold so long' as]

squite independent of It must but be considered there would be any infint disaster carried off 543

upen any other

Rigney market, one action of the line for what is detrimental to the one is bound to cooliss son one

privilege of issuing ite own one Found notes for rapid obtained millions of gold noder greater taizen, One of the members of the Chamber haven'boomerang setion on

rapidly of othor

se deposited in the Issue Depart diffinities than rich one ponnd notes in their every

Be the kit, Cercar Pil «Chocnikin Clared, market more or less. We live in days when the highest ment urged that the galley parties should be matemanship is to provide labour fer all, and every one issued and print. tills bankers would not require to held

val of 60 tu purity the blood & Hinge Bet of curre Eents might

Boldturoplasthe world. Ilepota kantralia, A. Towa Co., Brdry, Londum, Newbety, 2. Charterhosan gy Faila, Kobeiró, & kur de la Paix. Putter kirag * Ühem. punished. The Minister for the Colcries ad-

steb

Cor Pole Yri mitted that deplorable acts had been CORD-

the competition in trule out commerce is ed on the same paper, the same printing as large stocks of gold as they do now. So that

Bilim Fres, "A Book on the skis and Scalp," mitted, but pointed

out that

keener than ever before. Is it wise, therefore, existing Bank of England rotes, hat bearing in the course of time the £10.900, of gald Government, the

to let it be so patent to rival nations how easily

54-9 silyapon each note, in addition to the name of the knowledge, had taken se ion to prevent their

Brainst

fille would be greatly reduced. the world in a perfectly natural manner so that recurrence. As a matter of fact, he contended,

There world Chinees Hoial here that in view of the to their own beneft?

luyd

yds Bank Limited." or further b-

in the wear and taar of gravily of the epium question, the Govern- the insurance

the withdrawn from circulation. with

Berlin bas only to demand, and insist handed he Money

be

Batarer the name of t

beak might bo. Every the gold coin so прод. clicute

ment has wired to the Viceroys, Governora objefly to hims for the high over without question. The possibility of the rate of mortality: Insetos, however, would s T or two in gold weekly for a few Bank of England note costs a halfpenny, thero An enormnas smount of unclaimed balances and Tarter Generals advising them to furnish weeks from London to render trade so unpret fore these one pound notes might be just are at present in the hands of bankers-their final opinions and say definitely whether insentiva not succeeding then begins to appointed to sea that the cooles were better able in this country as to bring about a financial half the size and issued en tinied raper.

Le

per. uncisimed dividends held more or less by almost the evil can be entirely stamped out might reap Every one pound note

in would thus be LTATY to enormone besit. It is growa, more precious, and hope takes new the scandal that had been created, and concluded but kos

Mr Goschen When

the interest on period an fixed by lmperi 1 Deere, that is to shapes and forms. He is acquainted with the by saying there were no guilty parties to be as reenletely acertou at the reality be albe back in addition to the some of the Bank of Comes in 1869 no fewer than 12,700 authors say, they may ask for au extousion of the date,

we determine that the risk be puuialed as guilt had not been brought home io anyour.

Lor ever closed. Ta be so completely at the England. They might thus become even more weie returned by the Post Ofice as "not if any of them Gnd it Boult to stop the harm- they are in Scotland and Irel ad known." After every enquiry the total som fal trade within their jurisdictions during the It is satisfactory to knew that this subject is intolerable, and ought to be rendered, at once past. Each bank would strive to get as many derelict. The writer would have all such owing to the recent protest of Sir John Jordan

mercy of any nation or nations, however friendly, popular then

and always handy for remittance through the thas lost to the bolders was £7,850,000, palpably sxe parind It is a so rumoured hers that oct, while he was still painfully toiling in waised in the Dateb Parliament. The and for all, impossible. For years the ablest notes bearing their own name into circulation derelict monera held in gold reserve. the same direction. He notres to dia, intely affected our Hutch zeighbours, it was pointed out the dangers attendant upon our Clearing House might fix a day, either weekly &CAT was a bad one, and though it most financiere, stateswer, Lankers, economists have as possible in preference to others, and The on the eve of micide he is banded a letter which a motor which affected the representatives of scaly stock of gold. We have at the present or ma saves him from the. guilt of dying by his onu all the white races brought into sescelation, moment a hand and pares the way to a successful and a politically or commercially, with the yellow have in retaining that small supply, Weekly,

a proof of the coormous difficulties we or monthly, for their clearance, or even daily in

of not less happy life. There is of course, a strong element Asiatic movement, which is likely to gather suspended-until the decision of the Governors inseated in Al first class and undoabled securi Thers in growing up a strong pan- business is interfered with even practically the Bank reserve funds they are, of course, uf love permenting the story, and adding greatly strope Woogree with the Dutch Minister for what the Bank rate is to be for another week. such as ('angels) and the result of rack)

if the white races de ust change their of the Bank of

of England is

is wade known as

investment during the past ten the Colonies that a considerable portion of the Compare this with the steady per cent rate of startling result is feat bed the banks placed the Neis writes on January 3rd:By a recent snrangements have been made, with Sir John YPATA The The Peking correspondent of the N-1, Drily be closed after a certain date after proper The Great Court Scandal By WILLIAN LE mortality in Achern was probably due to the Back of France, stationary for twelve whole of their reserve funds ten years ago in Imperial Decree, H.E. Ko Feng-slid was Jordan.

climatic causes, but where there is smoke there meaths at a time. Is it any wonder that Paris gold and buried it in some safe place it would recilled from his appointment as the Jusernur Seusstional fiction is usually asaseiated with lieutenant, which first callve attention to the of the world, on which nearly sil foreign Loane erived dividends on all Al recurities. In fact, all Director-General of the case-grown opiam taz and the artich of the Dutch anval is becoming more and more the Money Market have shown better results, though they have re of Kungsi and alused to retain his post as the writings of Mr. Le Queux, who succeeds wretched condition of these coolies, was doubt. in presenting works that attain to popularity. less founded upon facts. Whether it was wise

are now floater!?

administration for the

of Kiangen, provinces seak spot and most valnerable in the con- other banke bave lost mors in depreciation of In "The Great Court Seandal," which to indulge in the publication of a sensational stitution of our Kingdoms is its moagro stock of capital than the total sum received in interest, Kiengsi, Anni Hopeb, Husap, Szechuan,

Yours somewhat of a romance that startled article is another waiter. Sue

would onl be warranted by

publication gold. The Berlin bankers are Recaly slira at, oreover, bad to pay brokers' commission, Kuangtung and Koenge as unnal with Ching

stamps, and income-tax tharson.

Yi-lac (who was recently appointed in his place) Витреки

The Hongkong Observatory yesterday issed Society not many years ago, Colonial Department to invosilgate the scandal shipping, &c., &c., and in much closer touch with anxiety of depreciating securities and the General and Cepaty Director-General - Vil

in trade, manufacture,

In addition to this, imagine all the worry and og his assistent. Both of theseDirector the following report is a plot conceived by the ingannity of a with a view to its stoppage. We have not seen

On the 16th at 11,45 sm. The barometer aorrapt court of effica-seekers and sycophants any reference to this point in our Datoh con London bankers. Again, the remarkable fact the writing down exceeded three millions ateri. Hapeh.

merchants, shippers, manufacturers than are our writing down effected. In the year 1904 alone have their headquarters at Wnchang, capital of has risen over Japan, sid fallen over China, for the purpose of keeping a young princess temporaries. However, Minister has that not one of our London tanks has a Con-

particularly on the F. coast, to a recent memorial from the promised ሂሉ introduce reforms which should

onld licental branch, or even a colonial ,while

Director-General, the largest amount of tex Eastwards, has appeared over i entral Chins, A depression, which will probably more £1,210,125 her side, her good antae is besmirched, and in this action will give satisfaction to the Chinese branches, not only in London but in the pameroux

696,000

calloored during the last year was about Tls and the high pressure area now lies over the order to save herself from the asylum she less authorities who have interested themselves provinces. is s reflection upon English banking.

1,066,052 Krom-the country and take refuge-in-England be welcomed by the Dutch in Samstra, who have head office in London, or even that they were

iu.the welfare of their

ravenne would amount to something like Th 142,920 compatriofa, and will That so many of our colonial banks have their.

Moderate to 15,600,000 or a little more if the administration Closely watched, she is discovered associating no other desire, we are certain; than that all founded in

[in the Formosa Channel and frosh to moderate is properly millions

managed hereafter. Thus in addition monsoon over the China Sea, with international swindlers, and on the are of Asiation in their Colony should be treated with colonial entirely they remain. Canadian cucks, The total of all other banks' reserve funds being collected every year from Indian opinza, by the at 10 am to-day, 0.06 inches

to the several 0GB of dollars of revenus Hongkong rainfall for the 24 hours ending being divorced rotarus to her husband, exposes ↑ reasonable kindness and consideration.

for instance, are infinitely more go-ahead than £48576,200, and the total of investments. in L.M.C. the Chinese Government will have to the dastardly plot, and denounces her enemies,

our greal London tanks, and actually invade British Government securities £104,564,611.ise kans and ways to make up the enormous Many powerful and dramatic ecanes

London, New York, New Orleans, San Total of investments in than British deficit of fully Tie, 20,000, 00 if the anti-opium today is as follows: - introduced in the volume for the tapefit of the HOW TO BE BEAUTIFUL-Keep your com- and Brazil, for business. Á

Francisco, and oven Mexico, the West Indies,

Gorernment securities, £108,188,988.

in the Empire. Is actually adopted in render, who, while regretting that Mr. Lo Charmant and Special Skin Tonic and Poudrerin, Montreal, who will manage the New daring the past ten years, it can easily be seen methods the Chinese authorities, who are for Formoss Chan

plorien, Mrs. Ellen's Creme Charment, Lait I. P. Morgao, linking together New York, best securities has been from 25 to 33 por cent various provinces Iura at a loss to know by what

As the total depreciation of even tho very view of the general abortage of funds in the Hongkong & Neighbourhood Queux has not portrayed a beroine with more Charmant will enable you to do it. foreo of clarabter, will agree that he has Specialition for the Ekin are the study of Foreign Bank at Montreal, will result in It is necessary

York, the Dreador Bank at Berlin and the whether the term appalling-is-an-aggeration the most part igorant about financial affaira, South coast of China between presented one that will enlist the sympathy lifetime. A. 8. Watson &¡Co., Ltd, SnielAgents.

he emphasised here, because can make good this immense loss of revenue Hongkong and Lamooke) of thero who follow her sirange carcer,

business being lost by English it is suggested that bank reservo funds to be from both foreign and calive drugs. Thus your Eouth coast of China between Į

Our Londen lake rate undly entitled to the name ought to be compelled to correspondent has been informed by a reliable Hongkong and Hainan.. § moderato.

treated in faire. The Minister also

obtrude itself with obstinate persistency life to call the attention of the Governor General to disaster from which Germany to think of) { issued against gold, and bear the name of another company ofce and standing. their respective provinces within the ten years'

fact that another braiu, as inventive as hisors, had conceive:l the same idea and carried it into

to its charms,

QUEUX, London. T. Fisher Uavis

races

policy.

is fire

the

refusal of the

The weak

movement

unless

than Let us now inquire as to the investment of

and,

from the Throne. Her husband is enticed from christe ony further complaint; and we feel sure; Continental banks are establishing and was provided as follows-

ore

Her

730 J

mach bankers.

for

combination formed

From Reserve Faude From Premium on New Shares From Current Proffa From Inner Reserves

£3,121,097

SO SOON 7

OPIUM PROFINITION TO BE RECONSIDERED.

A Hairs

to the Chinese Minister of Foreign against the sudden prohibition of the establish- moat of Viceroyum dunk, ste, in Chihli by H..

Shit-kai without first fixing defizite datu for the steppa British merchants of the importation of Indian

in op amicto Chiva by and also for the eako ak uniformity, the order

of H.E. Yann will be temporarily withdrawn, so that all the opium dens is the provinces may

WEATHER REPORT.

3,000,000 from Brael aan, while the total yearly Sea of Japa ght monsven may be expected

reform is

The forecast for the 24 hours ending at noon

E. witle, mo derate to light; Celoady, misty.

Same as No. 1. Same as No. 1 N.E. winds,

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