THE TAXATION QUESTION AT
MACAO.
AN EXQUIRY INTO THE CREES OF THE
RECENT AGITATION.
The Chinese al Maes during the past few have han greatly perturbed over The operations of the roveme department of the Colonial Government. For reasous, whether sound or otherwise we shall presoutly Endeavour to niske clear, tho Chhese population has been agitated by a belief that now taxes were being impred; and they have held a umber of meeting to dingen the situation. The last meeting was attended by upwards of two Thousanal persoas, which is prima facie evidence of a widespread belief that they have A grievance. Our correspondet! at Macao, an oid resident of the Colony as (uniliar with the Chinese language as with Poruguese, has in his letters to the Daily Press cofeted the views which his own inquiries have led him to adopt, namely, that now and increased taxes are being levied. Official denials of the sallegations have been published in our columnaand by plaçaris posted in Maume, hat curiously enough the latter from the Protector of Chinese which recently appeared in refute the dentist which it was
wake.
THE HONGKONG DAILY PRESS, WEDNESDAY, AUGUST 14тH, 1907.
tax combined. It seems incredible that ikase taxes, if exactly levied and rigorously enforced, would not yield a larger revenue that this in asity of 90,000 people, and prima facie the sasliness of the resonuo supports the view that in the past there has been an indulgent evention of the law. The Government has contented itself with what the assessment Los happened to produce, and it is simply, in fact, the appearance of an intention to he loss indulgent that has raised the hornets' rent.
HA
WHY NOT APANDOS THERE TAKES? The Chinese suggestion aiming at the abolition of these laxes is not as unreasonable as first sight it might appear. The Estimates for 1996 7 show su exproted surplus of revenue over expenditure amonating to shont half a million dollars, all of which I understand would to Lisbon For imperial purposes. The dropping of such those irablesome and vexatious taxes which have excited the agitation, yielding as they do a revenue of only $33,000 and eosing tu colles, I vonlauw fo think, more ilun the whole of the rest of the total reren is, would entail ne hardship or incearenience to the governmeal of the 'olony. HE the Governor, 10 the Daily Prom seemed who cortagoly nailesta every desire to do intended his best for the Colony, ix, I understand In view of purplezing engaged at the persent time in denwing up nature of the currespondence and the wide-regulations with regard to them industrial spread public interest aroused in the qiscation, a taxes with a view to restring confidence and But tho representative of the Day Press has visited renteniment among the Chinese. Macse for the purpose of imairing into the matter and ascertaining, if posible, host those conflicting views are to be reconciled. The result is the following alafunt of the situation:
La
the
THE AGITATION.
|
these circumstances, beca a distinct improve. ment both in the importsund exports. The Import figures for the first half of this your amounted to 88,289,117, na compared with $7,102,314 io the corresponding half of last year. With regard to exports the returns to the end of June show this yaır a total of $7,219,951 us compared with $5,846,396 in the corresponding somestre of last year. The Import and Exports togather show an improvement of more than three million dollars as compared with last year's figures, which is eminently satisfactory.
It is admitted that during the plague sare there was a large exodus of Chinese from the Coley, but is declared that the roturns of tha harbour department show that the Chinese lays gradually returned to the Colony and it is believed by the officials that the population is not now much below normal figurys.
YOKOHAMA ENGINE AND IRON WORKS, LTD:
ANNUAL GENERAL MEETING
The annual general mooting of the Yokohama Engine and Iron Works Lit, was held on July 31st, at Yokohams. Mr. N. F. Smith presided in the almance of Mr. B. C. Howard, The Chairman of the Board, there being also and M. Surth (directors), Mrs. Lowder, Messre. Present Mears. F. J. Abbott, C. B. Bernard, W. L. Mitchell, W. K. Tresize (manager) J. W. Wearer foreman of works), and R. T. Bell (Secretary).
The report and statement of accounts for the year ended 31 May last, prosented to the meeting, contained the following: -
"The nat profit for the year (including the sam of Y16,2-243 brought forward from May 11, 1906), after payment of an interim divid ead and bonus of Y30,000 January last and providing for depreciation of plant and ma chinary, and payment of directers' and auditors fees, amounts to Y31,977 40, which the Directors CONTEMPLATED PUBLIC IMPROVEMENTS,
recommend should be appropriated an follows: With good administration there is no reason
In payment of in dividend of why Munna shold not hold up ita Lead among
Y250 per share.... -----
Y19,500.00 12.47740 the forsige settlements of the East, All who Balanes to be carried forward
Y31,977,40 know anything of Sr. Coutinho d'Azeredo, the
Taking into consideration the disadvantagon present Governor, baye every confidence in his desire to promote the welfare of the Cmy.attending the taking over the plant machinery, etc.. of the Peterson Engineering Co. and re- General Blansò, who is now in the Colosy for the purpose of reporting on schemes for the arranging and placing sume, beside working or improvement of the harbour, the sanitary the basis of a largely increased capital, the directors are of the opinion that the result of improvement of the city and the improvement the last half-yearly working is eminently satis
factory of the water supply may confidently count upon the support of His Excelluicy the Governor being given to all these projects. I omelusion is irresistible that any tax in the gather that His Excellency does not entarisin these projects unfare of a capitation tax-call it by what any idea that the execution o aime you will-is arbitrary, uncertain, trouble-may be postponed by the Home Government to some and vexation, The site of a wan's The Greek Calands. He looks forward to their commencement at a reasonably early date. As regards funds it is the intention, I take it, to retain the annual surpluses instead of remilling thom to Listvin. The Government of Macac may look forward for many yours to theen large surpluses unless important public works are It is proposed to dredge the harbour to that vessels drawing 1 feat of water may enter the port at any time.
A хотелио
fartune varies from mouth to month and THE ORBAY OF
rea: to year, and the annual inquisition of the The officials, from whom I received the revonus department is more Intolerable than lu whatever country such fullest assistance in the prosution of my the tax itself. inquiries, anet the xiatement thut antes have bonu levied they have always attempt had GEN year ben made
to giorated a quarrelsome, discontented attituie impose
and new
increased "industrial on the part of the people, whether the tax contributions" with an emphati denial. Thore maa light or heary. It would be to the are two kinds of industrial taxes levied fixed advantage of the Macao Geverument in many fax or licores feu apoa industrilestablishments ways to entirely abolish those taxes. They of all doseriptions in the Colony, and a "variable are not nosary to the support of the tox" which the Protector of Chinese in bis rainistration and must in their very mature better to the Daily Press describe as mube, as La Can has said, a hindrance to the "industrial tax on annual profik." This, how development of tradu. Even if there were no ever, seems to be at arroucous description of the taxes either en shops or inee, the Govern 1ax. It is a tax on the earnings of professional met of Macao would still bave mpu, such as doctor, surgeons, keyers, Leaebere, from the gambling monopolies and the opium notarios, solicitors, valuers, compositors and other farm which would leave a handsome surplus persons exercising, similar professions and is over the expenditure, notwithstanding the fact chargeablo ou incomes exceeding $10 p. a. thai Macao relatively bears a for larger An inquiry as to shatter carpenters and mesons proportion of imperial expenditure than does came in that eslegory, was mawored in the the Colony of Hongkong. negative, though in what rozpoct, for the pur Sometime ago the Daily Press correspondent es of taxation, a carpenter or an engineer ported that it had been decided to raise a difters from a compositor. I am able to explain. loan of $50,000 to rebuild the gas, and be I mentioned the case of a rant in the service ggested that to pay the interest on this of one of the hotel who told me that his wages loan additions taxation would be necessary. ware $15 a month (in a 'dition, I suppose, to kis This is not the case, however. I understand board and lodging), and, he is fazed on that that this loan has been arranged with income twelve dollars and some odd cents per the local Bank at 7 per cent, and that in It was explained to me that such reder to provide a fund for the payment of mau woult rank in the professions as a "broker"intorest the Government have agreed to grant and was therefon properly liable to taxation. to the Senado, 4 par seat. of the proceeds The fax on the Industrial incomes" is six of the pig slaughtering foca instead of only 25 per cent. plus a mroharge of 40 per cout. for per cent, se heretofore. What I cannot unler..: municipal and other purposes. A monial, though stand is the reason for raising a loan at all ho earn more Am $100 per wm, is exempt when the budgets are showing annual surpluses from taxation. So leo is a "workman.”
of ten times the amount of the loan. And what is the matter with the Government of Macao, if it canant roise money at loss than 7 per cent P
aunum.
MACAO'R BALANCE SHEET.
undertaken.
As I write I have before me a copy of a very
+1
The Chairman, in moving the adoption of the report, snid-
T. B. HALL & CO'S
"BOAR'S
HEAD" BRAND
3
GUINNESS' STOUT
IN
PINTS & SPLITS.
BOLE AGENTS-
·H. PRICE & CO.. LTD.
WINE MERCHANTS,
12, QUEEN'S RO ID CENTRAL
36]
PORT ARTHUR
TITLES INDICTMENT OF MTOESSEL AND, HIS GENERALS,
THE
A roluminous document containing the indict. ROBINSON PIANO · ment of Generals Stoessel, Reuse, Foek, ond Smirnoff has been published in St. Petersbarg,
CO., LTD. It accuses Gens, Stoessel and Fock of souding deliberately falso reports about battles that never took place, recommending for decorations their own friends and gerorals who lost battles, and of surrendering förtjessas in spite of emplo means of resistanes.
of
MACHINES
AND
RECORDS.
The indictment of General Stoessel contains, TALKING This is the twentieth annual general mesting among others, the following pints: "General of the Tokolans Engine and Iron Works. At Stoessel disregarded the orders of the Com our last general meeting the Chairman callad mander-in-Chief of the Manchurian army to your attention to changes that would are to be haud over the command of Port Arthur to Goa, ad in order to utilise the premises and Smirnoff and to leave the army, but remained machinery acquired from Peterson & Co. in aon- instead in the fortress. He violated the order nection with the plant operated by us prior to the of the Imperial Viceroy, interfaced with Gou.. smalgamation. The changes made during the Smirco's functions, and issued cannter orders interval have wot only been attended with some regarding the defensive works in the second and aforereen delay, but we have necessarily been third lines of the fortress. He made, further working at a considerable disadvantage, as the more, no provision for food supplies,
In lis report of the action at Kischau, ho orection of new buildings on Peters & Co.'s and our own premises, and the altering of the stated that he himself had led the troops most location of machinery and fittings, have unavoid energetically, whereas he remained in Port ably and materially interfered with the usual Arthur, and took no part in the fight. system and uniforma regularity beretcfore pra-reported Gen. Fock's retreat as a withdrawal
in the works. Do mutil recently we bare carciel out in accordance with orders.
"On 14 June, 1904, be stated in bis dis. not been abla to gat the full beneft which our present premises and cur extra and mare con-patches that he has taken part in all the riendly placed plant and
congratulation, are. the only engagement which took pl ca was With a view to justifying his contemplat-
there.
Ho
NEW STOCK JUST ARRIVED,
LARGE AND VARIED ASSORTMENT
LATEST COMIC OPERA SCORES
AND
DANCE MUSIC
JUST ARRIVED.
Hongkong, 29 November, 1906.
TINY GIRL MASS OF FEARFUL ECZEMA
The inhabitants of Macao can scarcely be expected to feel rory sanguins about the maller,
It is a matter for mutual inery alford us, engagements, whereas from 8 Feb. to 11 June | strongly worded petition to the King of fore, that your directors are able to report that at Kinetsu, of which he was to: present. MUSIC: Portugal on the subject, forwarded by the that the old premises of Pelerin & Co, at inhabitants of Macao in 1891 in which they Nos, 113 and 114 have been re-arranged, the ed surrender of Port Arthur, Gen. Stoessel machinery set in order, and a large and com- noticed the Tear on 29 Dec, 104, that the complained of the complete indifference of the modious foundry built, which is now in fall Japanese were masters of the situation, and Bome Gororament to the future of the Colany, swing, as is also the case with the new boiler that Port Arthar could only hold out for a Here is a paragraph from that petition :-- makers shed, which has been refitted and few days longer, as ammunition was raoning adapted to fasilitate handy and economical work. out. In point of fact, the great majority of "The petitioners, discouraged as they are by The new baillings also at Nos. 159 and 160 the Council of War had declared for defending the result of their frequent appeals, make one
four old premises) are a completed, and Port Arthur to the last extremity, and had stated more appeal to the ugasnimity of your comprise blacksmiths', carpenters, boatbuilders', that there was abundance of ammunition.
"In addition Gen. Stoessol conmionsly and will Majesty, asking that you daigh and pattern makers shops, all of which are in to order that the
Government of this full working order, with the exception of the aujustifiably bestowed the Order of St. George blacksmiths shop, which is now being fitted upon Gen. Fock for the battle of Kinchau,, province may be authorised as we know they and will be in operation very shortly. In which Gen. Fock lost, and in which he displayed bare more than once asked-to apply the connection with the foregoing observations I the gressest incompetence. The same decors provision mado in the budget for the parthase would mention that in face of these difficulties tion was enfarred upon Gen. Reus, who him of one or more dredgers-which are necessary
Our manager, Mr. Tresize, and staff have proved self admitted that he had done a thing to earn to deepen the channel of the port of Meloto, having throughout. mest energetically and
themselves equal to the emergencies referred such an bonor.
Con. Stoessel evacuated several forts with and to construct the works necessary to regalate faithfully preacuted the work committed to out oshaasting every means of deforce, and the currents (which have already been rendored their care, not only to the entire satisfaction of eutherised Geu. Reuss to sign conditions of Ger. our customers, but also to that of your directors, capitulation ignominions 10 Russia. stronger in the inner barbour by the contrac. During the last half year shipping business has Stocased did not himself share the fate of the tion of the Green Island embankment), and been rather dall, and consequently our works garrison per accompany them into captivity."
not beatas Lotively that other less urgent works bo deferred to a Lave
employed i
Capital punishme is provided by the mili in furnishing more convenient reason."
and repairs to shipping as in the first tsy code for all theso crimes.
our business The indictment charges Gen. Fock with Lalf; but taking this feature of
consideration, in connection with orders being equally gailty on all con ta with Gen. received for local work, your directors consider Stoars). It declares that he displayed incom that the results of the last half year are emia-petence, and opposed Gen. Stoessel's commands, catly satisfactory, as noted in the raport which and that he delivered a false report regarding we have the pleasure of placing before you this the battle of Kinchau, and under the excuse of afternoon with the statement of accouais. It lack of ammunition retreated in full daylight, will be seen by tue balance:sheat that causing, in consequence, great losses to the after payment of the interim dividend and troops. bonus for the first balf-year making the usual provision for depreciation, directors and audi fors' fees, etc., the not amount of profit avail able is Y31,977.04, which the directors recom mend shall be appropriated to the payment of fuel dividend for the year, 207 Ý2.50 per share, which will absorb Y19,5000, the balance, T2,477.34, to be carried forward. This annual raport and the satement of accoun's bave been in your hands for some days, and if there BEFORE. MR. A. G. WISH (PUNE JUDGE). are no objections to the same, I will now ask you to take them as rod, if some one will second the motion.
Whether the recommendations of Sr. Blanco en the subject will meet with any more cop. sideration than the voluminous report of Sr. Adolphe Loureiro, an amiineat engineer, who was sent out many years ago to report of the subject, remaine to be seen. The day the authority arrives for the commencement of this work will certainly be a day of rejoicing in Macao.
SUPREME COURT.
Tuesday, August 13th.
IN EUMMARY JURISDICTION.
SOLICITORS AND CLIENT,
S.S. BENCLEUCH" AGROUND.
These taxes har beso on the statute books of the Colony for more than fifty years, and I was informed by the officials that they have always been levied. I was only conclude from y
The revenue of Macro for 1906-7 was estimat further inquiriesthat in the past the tax-gatherer
to amount to something over $1,400,000. A has performed his duties in a must indulgent manner, for them ingar hava nedoubtedly struck bones tax of 10 per cent, produces about $35,000; |
he industrial taxes above disanased yield about the Chinese this year as something now. In his recent letter to this Daily Pros, the Protector 833000; the opium farm provides $50,000; the Fantan monopoly $450,001; other gambling of Chinese reporte! Mr. La Can, one of the
monopolies about. $169,000, The Sauts Caso principal Chines magostes of the Colony, as saying that this tax on indusrial incomes bad Lottery pays per cent, on the fatal value of “erroneously bon rogarded ass poll tax." And the tickets issued each month. Four per coat. Mr. Im Cau poated out that this tax, far goes to the Governtasnt and the other four per
Messre. Ewens and Harston sued, Las Sik from being a source of rovenie. to the Excha-cent, to the Santa Casa de Misericordia. There quer would be a hindrance to the development is besides these sources of revenus a voluntary ying, trader of 8. Cireular Pathway, to recover of Macao." Why should one of the leading police tax paid by the Chinese business ratablish the sum of $332.50 for professional costs, services rondored, work and labour done, wail (binese merchants speak in terms like these if meats yielding about $10,00) a year.
The estimated expenditure for the same year monies paid for defendant at his reguet la the tax did not appese to the Chinese as a new tax? When I put this question to a prominent was just below a million dollars. The beadings connection with the purchase by the defendant official he suggested that an rroneous impres of expenditure cover geners, administration, from Mok Yuk-tong of the remaining portion sion was created by the soutace owing to the revenue": department, judicial department, of meation of the Piya reclaration to writer's imperfect acquaintaro with the English Eclesiastia departout (ou which the ex-Marino Lot 71; also in connection with a second language. Whd was meant was not only that penditors amounts to about $10,609 year), the mortgage made by the defendant to Wong In the tax would be hindranos to the development harbour department ($104,000), the military tnag; and a'so in connection with a third of Macao, but that it has beer, is sud ever will ($400,000) and other raiscellaneous charges mortgage made by defendant to Mok Yal-tong, M. J. Scott Harston proved the debt, and be so. If that is the case, why have the people incuding a contribution of 20,000 to the
Colony of Timor. This fixed charge is some-judgment was - utered f r plaintiffs withcoals. suddenly awoke to the fact ?
The exploration of the whole matter would times supplemented by farther grants. The zeem to be that there is a row broom is the Colony of Macao also provides the greater BORL of maintain ng the revenus department which has been making a part of the clean sweep. Tan Chief of the Fazenda has Portuguess Legation at Peking and the and Japan. Unti found that it is the law of the Colony that these Consulates in China Laxes shall be puil and ho hanccordingly called recently a Legation at Tokyo was also supported, for the necessary information to enable him to but the Tokyo Legation Laving been claed asses the tax which each individual liable to some reduction in expenses will naturally pay taxes ought properly to contribute to the follow. The maintenance of the Locations and Exchequer. Moreover, he has printed and Coasalates heretofore hava boon estimated to published the tables of contributions payable by cost abog! $100,000 a year, and towards this the industrial establishments in the Colony and expenditure this Home government has com it would also appear that lo has in some case, tributed $10,00); the Poringuesa concession at revised the maments, that is to say, some Bangkok $4,000, and consular fees have pro- establishments which previously were ranked duced about $2,500-a total of 816,500, leavi
the first class have su placed in the Colony of Macao to provide the balance, Ligher class, the proprietors accordingly $93,50 or thereabouts. And yet the Estimates called upon to pay higher licences. I was of the Colony for the year just concluded officially informed, however, that this could only showed an estimated surplus of about half a apply to very few cases ud that the great million dollars....
It may here be added that there are grounds majority of the establishments paid ut the minimum rato. Whoover aggrieved has the for expecting that the Government of Macao right to appeal against the sessment.
will presently be relieved of the fixed chargo in These industrial taxes cti shops cannot to aid of Timor and will be required to assist that described as burdensome, but the six per cert Colouy only in exceptional circumstances. plus the surcharge of forty per cent on annual incomes must be an onerous inx on the wages of As a consequence of an exceptionally severe a large number of people who, according to outbreak of plague in the first half of the year. the law, are liable to pay it. By the latest, Esti: followed as it has been by this agitation with mates published—those for the year ending Juue regard to taxes, it has been inferred that the 1907-it appests that out of a total revenue of trade of the Colony has greatly suffered. It i". about $1,403,000 only a paltry $33,000 is derived gratifying to learn on the indisputable evidence from the shop taxes and the industrial income' of the Customs refuras that there has, despite
in
THE TRADE OF MACAO
A Tokyo telegram to the "N. C. D. N." says the British stoniner Benelevoh from Koha ran ashere near Yokohama on August Gtb, in a fog. The Beasleuch She sustained no damage. (4,158 (uns gress), belonging to Messu W, Thomson & Co., left Loudon for Yokolumn on Jane 8th. She has since benn refloated,
HONGKONG WATER POLO ASSOCIATION.
-
FIXTURES. Fifth round.
Supplies
ioto.
The motion was seconded by Mr. Mitchel; and carried em, cori,
On the motion of Mr. Tresis, eeconded by Mr. Weaver, the retiring directors, Messrs B. C. Howard and F. J. Abbott, were re-elected; while the appointment to the directorate of MENTE, CR Bernard and M. Surth was con firmed, on the motion of the Chairman, secondled by Mr. Tresins.
The auditere, Messrs. J. Hail and W. Y Elrowler, were re-elected, the motion being proposed by Lar. Bernard, and seconded by Mr.
·Abbott, i
There being no other business, the proces dings terminated, the Chairman announcing that dividend warrants would be ready the following day.
of
SCOTTISH BANKS.
Gon, Rens is charged with being an secageory of Gor. Stoessel, and Geo. Smirnoff is necuand of supineness in not putting a stop to the conduct of Gens, Stoessal, Fook, and Reuss,
CHINA AND SIAM.
The Foking correspondent of the N.-C. Daily; Ness says:1 am informed that by agreement with the dismess Government the Chines Government is going to appoint a Chiness Minister to Bangkok, and some Consuls at important cities in that country, for the protec tion of Chinese interests, which are greater than those of other Powers. There are about 6,000 000 Chinese in Siam, who are employed in various capacities, while the tinancial power i chiefly in their lands. This large number of Chinese emigrants marry Siamese girls and do everything like the natives, except that they. are not called up u to perform military duties. The Siames Government will also appoint. a representative in Peking and que or wo Consuls, if necessary. It will be remembered that Sian was one of the tribute States of this slumbering Em, ire prior to the arrival of Europeans in that contry. Owing to the absence of a Com- mercial Trealy between the countries, the Chinese Government did not accord any official reception in the Blamehe Crowa Prise, who passed through Tlentsin last year on a tour,
WEATHER REPÖRT.
The Hongkong Observatory yesterday issuel the following report:-
warda N.W. at present.
Covered from Head to Foot-Cries Were Heartrending-- Beat Her Head and Blood Strearned Down Her Back-In Agony WhenWashed -Suffering Lasted Four Months. TWO SETS OF CUTICURA
EFFECT PERFECT CURE
"I am writing to you a few words of advice to others who may have a child the same as I have For mos than four months my, kte baby girl had eczema, tunc no one but those who have had it can telf the agony they suffer. have son tay child wat Tr head, and blood streaming down le back was a little sufferer from hend to font, he was, en tuas, I had adzke from medical men; did not 600m to cite borde hii. was al- vised to use the Cutiera Remedies, and I had two sets. Sow there is no one spot about hur, and I am confidight that the Cuticura Stap, Cicura dint mit, and Cutieurs Pilis ured her. I ased them at Ibis thee are worth all praise for try chubble sale and other nothers who may have such trouble as', I did with her.
"I used to dread the time for her to wake up, as die erir: from her were hearte tending For in theshe was bad, and no cor but any self enty talk of the nights of zoisery spent with her. It first come in a small are an berchenst. Įumed all kinds of remedies for it and it got Worse, When 1 washed her she wonde ery with pain. One day (markg m zay mund while reading out the Cutiesíra Remedies, so I got a cake of Cutieurs Soap, & bor of Cuticura Ointment at Cuticura Pills and used them in the evening. I continued for a week, and you can't imagine how thankful I was to ne how well the get on. She was two years of age the 23d of February, And a fine girl. She is a picture to lock at now. I shall recommend the Cuti- curs Remedies to every one I know. Mrs. Catler, 140, King St., Royal Oak, Plymouth, Dec. B, 1005, and Jan. 29, 1905,"
The most torturing and disfiguring humours, eczemas rashes, itchings, irri- tations, and inflammations of the skin. Realp, and blood, with loss of hair of in- fante, children and adulta, are instantly relieved and speedily cured by Cutionra Remedies, when all else fails. Guaran teed absolutely fine.
A Riner Fet orten Cires, Auld troughout the word. pots
S
BELT ME AT 2. ekora
R. Tomor
Chems
et. . . Yard, Calcutta Potter Drug Corn, Bale Props Post-free, Cuticura Booklet.
54-17
Pressure is still high to the SE. of Japan.
LATEST STEAMER MOVEMENTS. while it has fallen to the normal on the Chies
The German str. Andree Rickmers left Binga- coast. It is below the average by 0.1 inch in Manila, and by slightly above that amount over pore on 12th inst. for this port, and is due here the Looch om
on or about the 17th isst.
▲ BIO AMALGAMATION. We are effcially informed (says the Scotsman) that an arrangement has been entered int between the directors of the Bank of Scotlan and the directors of the Caledonian Bauking Company (Limited) for the amalgamation of the two institutions. The arrangement, before
On the 13th at 11,50.a.m.-The barometer it trcomes binding and operative, must, of the shareholders of course, be approved of by
has fallen at all stations, moderately to con- beth banke. The Bank of Scotland, which was siderably over Fermoss and the Loochoos, and established in 1695, is the oldest and is ready slightly on the S. coast of China and Luzon. the largest of the Scottish banks, and the
The depression over the Preißo is probably the conjoining with it of the business of Caledonian Eank will place it in magnitadstyphoon. It appears to be situated to the decidedly stead of all its outpetitions. The of the Loochoos sad to be moving to following is an outline of the agreement: Tho Caledonian Banking Company (Limited) make over to the Bank of Scotland their whole assets 87th Co. R. G. A. play V. R. C. "A" team
f every description, inclusive of their rights of note irate and the goodwill of the business, is on Thursday, 15th Angust.
Middlesex "A" team play Mid lleser "B" exchange for (1) the undertale liabilities to the of the Bank of Scotland to meet team on Friday, 6th August.
Caleckasinu public of the
Bank; (2) the
to N.W. winds over the N. part of the China allotment to the shareholders of the Caledonian Bank of C1.58 stock of the Bank of Scotland, Be
Hongkong rainfall for the 24 hours ending carrying dividend from Jan. 28 Inat, for each at 10 a.ma, to-day, 0.28 inches.
A certain ladies' club had a full meeting, and abare of 10s. or, at the option of the
an important discussion was on. In the midst shareholder, a cash payment of 25; the
(3)
The forecast for the 24 hours ending at noen of it one momber ross and naked the privilege continuation of the present directors, tea in
sory today is as follows:-
of the floor for a moment. It was granted, and umber, of the Caledonian Bank se an advisory
voice strained with board at Inverness during the lifetime
NE. or vari- the interrupter, in a eacu at the present rate of remuneration, but not for Hongkong & Neighbourhoodable winds, light emotion, esil Is there a Christian Scientist
A for mute; fair present?" womas arrayed with laborious longer than ten years; (4) the taking over of til the officers of the Caledonian Bank and
N.E. and N. magnificance arose on the other side of the room, winds, fresh. ard, in a astely tone of kindness, said: "İ continuing them for present in the service of
the the Bank of Scotland at their existing salaries;
Bame as No.1. a Christian Scientist," Theu across
intervening space the first woman's sweet voice: and (5) the payment by the Bank of Scotland of all expenses connected with the transfer and the winding-up of the Caledonian Bank.
LAWN BOWLS.
The following team will represent the Civil Borvios against Kowloon Bowling Green Club op Saturday, 17th inst., at 4.30 p.m. sharp, on the Civil Service Ground.
A. Thornhil C. Bond J. Coles
W. Fincher (skip) G. Badcock
B. Paliour
R. Fouton
W. B. Kelly (skip)
C. W. Brett
R: Duncan
C.H. Parkinsou J. A. Wheal (ip) P. R. Adams
A. Blowey
M. Mciver L. E. Brett felip)
Fromesa Channel, and moderate N. E. 18th ult, arrived at Sydney on 11th inst. p.m..
N. and N.E. winds are likely to prevail The I.G.M. str. Masila which left here on
Formosa Channel...
South coast of China between Hongkong and Lamocks South coast of China between Hongkong and Hainan.
Same as Nol.
The str. Shimosa arrived at New York on 9th inst,
aid
“Would you mind changing seals with mo P I am sitting in a draught."