Page

CORINTHIAN YACHT CLUB.

The second rice of the series of olub championship was talled yesterday,

the course being Lyemoon Beacon, Meyers East Buoy, Kowloon Rock, Channel Rook for one design and same, course with Lyemoon Beacon added for handicap plass. As usual with the races -of-this-club-a-good-monster-of-yachts in both one design and handicap class assembled at the starting point. The Arst gun for the handicap class for which six boate tarned out was fired at 10,25 a.m, and at 10.30 a very oven start was witnessed, the boats grossing the line де follows: Eva," Iris," "Tremona," Dorothy" Carosa" and "Doroen." The first mark was Lyemoon Beacon and all the bosta except Doreen" hugged the Hongkong shore and ran into Quarry Bay to escape the strong tide which sot in through the pass. "Doreen" took a course of her own into Kau-bang Bay, and by doing so hor skipper showed his superior judgment as he was onabled to round the first mark only a few seconds be hind the Eva" who had drawn well abead of the other yachts on the Hongkong side, followed by "Dorothy," "Careas" Iris and Tremona." On the ran back to Meyers East Buoy Caress" overhauled Dorothy and succeeded in main- taining third position round Kaulung Ecok and Channel rocks back to the Beacon until the

Binirli of a well contested rado which ended

In the following order ----

Eva

Догвед

Caress

铺。

Mr. Sammere

1

46

Mr Melvin ...

50

Mr Rammy...

·28

13

35

Durotly...

Mr McCorquodale! Trompa... Mr Saunders- Iris...

Mr Irving

8 1 37 J3 138 4

The next races will take place on Sunday

week the 22nd inst

Eight boats started in the one-design class race. Nos, 9 and 10 were first over the line. The hosts however kept well together up to Matropels Hotel. By this time No, I had

established a substantial lead, with 6 and 7

close in pursuit. When the Taikoo Refinery was resobed the majority handed for Kowloon ahore and thereby allowed No. 11 to increase her load. No. 7 chose the saine course and

rounded the Boxeon second,

The Jean" and "Asthoro" had a bit of a tussle, but through smartor handling the "Joon" managed to leave the "Asthore." Rounding Moyers East bacy the positions were as follows: "Bpray, Ariel,” * Joan," "Asthore," "Theels,"" Mata," "Nina" baying fonlod the beacon gave up, so did the "Fax)",

On the bait up to Kowicon Books the pogi- tions were but slightly altered, the “Meta" only making a slight gain on "Theola " and ** Asihoro.”

The boats rounded the Channel Rocks in the same position as when rounding the Kowloon Rooks, and finished as follows

Spray

Ariel

Jun

Asthore...

Theola

Meta

Fox

Nia

H.

M.

A

1 2+ 06

.9%

18

20

an

34

02

יו

44

SA: 42

35 33

N.

F.

D. N. F.

EVOLUTION OF HONGKONG.

Fritten for the Hongkong Daily Press.)

(Continued from last Monday ) -

XI.

THE HONGKONG DAILY PRESS, MONDAY, DECEMBER 9TH, 1907.

Trade under snob conditions could hardly be expected to be sound or profitable, and snob we and to have been actually the one. As we bare stated before, the entire apparatus of foreign trade had to be created; as serried on by the Company the outer trade of Canton was, perhaps, not a monopoly in the ordinary sense of the word so much as a series of monopolies, ons within the other. Navigating offloorm parsers, suprzcargoes, and indoad slmost all grade is the service had their well understood perquisites and indulgences, all onrefully guard ed under the general monopoly from outside interference. The Company made comparatively small profits, with which the horders of India Stock had to be content, hat to the individual in the service, whether as a director or in lower

poity it frequently, generally if 'managed. with ordinary prudence, proved a mise of wealth.

The Company confined its corporate opera- tionaalmost to the staple of tes; in its lordly way it left the mar sotion to the private enterpri opium and raw colton to the private enterprice of the natives of India, who were permitted no or charter their own vessels

far to

OWD

known as "country ships, which, however ander control. In their outward Toynge the Company's ships carried small quantities of

required a Company's livenas, áud as far wors

woolias and cotton pisco goods, principally the former, but their proc suds did not nearly balanoe the cost of the teas exported. At the earliar WAS Actually period of the trade silver imported from Java and Manila, whither it had

↑on" primersi -obaër, -- barter was the almost nations to participate in the coming World's universal rule, and the book entries of sales and Fair, the European business men and merican purchases were for the most part merely merchants may find on many articles of merah, nominal; added to this was the custom of hold-audine which they can export, and they would ing stocks at both ends, a pernicions, habit also discover may manufactures, as well" na Boquired from the Company, which resulted in | agricultural and mineral products at for im no one at either end knowing oven approtime-portation to Europe and Amerios in return. tely how their accounts stood, and the condition The European solonies in the East are, more. of the trade can be surmised. Confined almost over, coming to the front in the world's non- to two sinples and with returns hardly possible mere, and this is particularly on in the Far within two years at least, hope reigned supreme at Beasons the trade of Japan with the with the almost ineritable result that on both ropean Colonies is increasing yes: by sides venturas proved unremanerative, if they year with rapid strides, and for the coming did not, as in perhaps the majority of cases, exhibition we look upon this trade as of a large part of the prove disastrous. We have spoken of the heavy great importinos. Again, charges imposed on ten by a professedly frescurces of China, Siam, and Korea azo still. trade government: the fault was probably sa

unknown to the world at large. Therefore we much the fault of the morobaut as the minister

recently asked the Governments of Chins and in view of the extravagant manner in which; the trade was conducted the temptation to raise the duties was too great to be resisted.

(To be continued next Monday.)

THE JAPAN EXHIBITION OF 1912

EXECUTIVE ENTERTAIN FOREIGN DIPLOMATIC REPRESENTATIVES.

Siam to bring all their products in order to exhibition as they can. mike ne geative and on unique a show in our

CLARETS

FROM

ETABLISSEMENTS SCHROEDER AND DE CONSTANS

BORDEAUX FRANCE.

VIN ORDINAIRE COTES MEDOC... ST. BMILION MARGAUX

BT. JULIEN

VINTAGE

WINDS, 1869-1904.

1 des Bottles. 2 doz. Bottles 4-dos. Bottles.

$.4.50

.8 5.40

$3.50

5.00

6.00

9:00

5.50

6.30

9.50

6.50

750

7.00

8.00

8.00

1050

11.00

9.00

ST. ESTEPHE

12.00

10. 0

COS ET, MICHEL

11.00

14.00

12,50

18,50

CH. LEOVILLE... CH. LAROSE SOLE AGENTS;-

13.50

18.03

1400

17.00

13.00

14.00

17.00

H. PRICE & CO., LTD.

WINE & SPIRIT MERCHANTS,

ទ វ

Niahin Bosek Kabuchiki Kwaiska (China- Japanese Spinns Co)-The above com- pany, the managing dimator of which in Mr. Fukutaro Sakuma,' is a coscera wiel the authorised ospital of 10,000,000, of which Y2,500,000 the first all on shares, has been paid

ion for the The formal permission up establishment of the company having been

In regard to the articles of exhibit, we have. already sent out a sircular, and all nations are invited to send their goods. The exhibits are specified under five categories Education, Soienos, Machinery, Electricity, and Manufac turma. Óf dùtrue, say ostion may build a separatė building at its own expense, where it may exhibit articles irrespective of the five clases. As for s for ment expects to erect buildings with speec the tive classes mentioned, the Imperial Govern- enough to take in all articles coming under the five hoida, but as to the display of such exhibits se agricultural, mineral, or fiberg products, buildings, sad furthermore, I should like to be is the earnest wish of the Imperial Government suburbs of Tokyo. The building of *

that foreign Governments will erect special permitted to emphasise on Government's desire that the buildings erected by foreign Govern- mants be built entirely in their national style, so as to show the national characteristics. We

A few weeks ago, at the Poor's Club, Tokyo, the Vice-President and Principal executive official of the coming Grand Exhibition entertained at dinner the foreign diplomat is sequainting the representatives of foreign representatives, with view to officially

astions with the sims and scope of the Grand

Exhibition that is to be held in 1912.

There was a fall attendance of invited guests

with one exception, Sir Claude MacDonald, the British Ambassador, who was absent from the capital.

સમવ

it

want to bave each nation's building showing its own peculiar architectural art, so na to have the best models of European and Americas ureli Towards the end of the dinner, and after the testures in the exhibition grounds. This will be to us an object lesson by which we might been carried in the old-time galleons from the customary toasts had been honoured, Mr,

Matsuoka,

Minister of Agriculture and improve our so-called European buildings.

It is Spanish colonies, bat by degrees, with the

our national aspira tonto engraft Commerce, rose and addressed thọ guests. Mr. Western science upon Eastern culture and to increasing import of opium and raw cotton, especially the former the necessity of importing Matsuoka expressed his appreciation at the blend together and tamilate the two types of priental and occidental civilizations. By a billion ceased. This "country trade" though attendance of the distinguished guests, and

bemispheres will west, not in conflict bat in professedly beneath the dignity of the lordly referring to Japan's foreign relations said doing. the culture sud soioass of the two Company, was roally affording it its life-blood, they had never been more amicable then they harmong, and enable us to share in the intel. When the Company's monopoly was abrogated a to-day. And this happy state of affairs, lectual achievement and material prosperity of as and the trade thrown upon, many of the old he was pleased to be able to say, was constantly the twentieth century. It is our hope that as the result of our earnest perserering efforts in abuses for a time survived, and amongst others growing. It was also most satisfactory what the coming exhibition, we might contribute the principal it ritish houses found it necessary Japan's commerce and industry, and especially something to the world's commerce, to the to become agents for the native India merch.her foreign trade, was growing with wonderful progress of mankind, and to noiversal peace.

The German Ambassador, Baron Monu, opiam being a strictly ready money trade ants in the distribution of the opium; the rapidity. It was

in his oapacity sa senior of the foreign Repre- sentatives, spoke thankfully of this opportunity supplying in the absence of banks the necessary

with the reception and eoperation which it so now being offered, and was sure it would meet funds to pay for exports, of which by far the

highly deserved. most important was les,

Opium at the time stood in a peculiar relation

to the Government; nominally its import was forbiddon, actually it was a menopoly in the hands of the higher officials, which the provincial government of Canton strove by every means in its power to contre with itself and this excited the jealousies of the other provincials, who were not contest to see all the profits to be derived from the most valuable constituent of the foreign trade going to ́asighbour in what was practically on outer province of the Empire. When the ory arose that the enormous amounts of silver required in payment for the opium were

ander

there anapicicus circumstances that the Imperial Diạt and the the Government to have an exhibition on chambers of commeros of the Empire had urged much larger scale than ever before attempted, and he (Mr. Mateoks) felt that nothing was

more appropriate than such an altempt under the circumstances. He felt so because such sa. exhibition as now proposed-iu ita nature and scope international-was really the outward expression of the principle of brotherhood of all mankind sad also a proof of the fact that the Japanese are lovers of peaceful pursuits. In other words, therefore, the object of their proposed exhibition was no other than to come through its mesos, în closer contset with different peoples in order that they might understand each other better. And it was, at the same time, to further develope so that they might reciprocsily benefit each

Mr. Matsuoka in conclusion, is going to bare oh an exhibition in 1919 has already been communicated to you, and through your ex cellencies to the Governments so worthily represented here this orening. The site of the exhibition, it has now been decided, will be the Aoyama Parade Ground and the Imperial Estate of Yoyogi, which extend together over an ares of 292 moros. As to the rules and regulations of the exhibition

COTTON SPINNING IN JAPAN,

-

EXPANSION SINCE THE WA

WAB,

..

According to the investigations made by the Nippon Ginko the total amount of authorised capital for the new enterprises which had been promoted since the termination of the late Rasso-Japan so war amounted at the end of October to Y1,266,000,000 and that for the extension of already existing companies to Y523,000 000, making the grand total Y1,789,00

,000 Among the numerous new euterprises which had been promoted during the period of the business "boom subsequent to the restoration of peace, many bare besa obliged to collapse as the result of the intense anarcisi depression which has prevailed since the have

12, QUEEN'S ROAD CENTRAL.

THE

granted in January, the site for construction of the mailla has been selected in the neighbour ROBINSON

hood of the celebrated Kansido tampla in the

the 1

No.

and the 0.2 millis in our of opindles for the spinning mill has been almost completed, at present. The total number of spindles for the Brst business period is 5,928 and the number of milli hande about 1,000, almost all of whom have been already contracted for. It is expected

that the company will commence business about Macob of avat year.

PIANO

CO. LTD.

PIANOS.

AND REPAIRED

BY

QUALIFIED MEN

Toyo Spinning Co. The chief promoters of this company are Messrs. Kyago Rikachi and oltaro Kamsoks. Its capital is Y2,000,000, it being the intention of the promoter t work in the first staga 20,0.0 spindles arti 210 Wering TUNED machines. On the account of naucial depros- sion some diffleulty appears to have been: exparienced in the call for shares and it is a question whether the company will be able to survive the present financial depression or not. be From one point of view the company may looked up as an extension of the Amagasaki Spinning Company, because out of the total number of 40,000 shares, half have been allotted to the shareholders of the above-mentioned company, and 10,000 shares are to be taken by the promotera of the company and the residents of the Ideality where the wills are to be set up. The number of shares to be offered to the general public is the remaining 10,00», so that even if there is any difficulty exper ienced in the call or shares there will be no no fear of the company being dissolved, the j ment probable alternative -being the Incorpora- tion of the company with the Amangnaaki Spinning Company,

The above in the setaal..condition of the. spinning companies which have been newly promoted. There are also 17 or 18 old concerns which have decided upon or are contemplating extension in their mills, the estimated increase in the number of spindles being more than 500,000, With regard to the three large spinning companies in Tokyo the following is

the latest socount--

Kanegof chi & pinning Company. The ex- tension of the work in the above company has bean pushed on with great energy of late, especially since the incorporation of the Nippon Cotton and Silk Spinning Company (authorise capital Y3,400,000 and paid un capitel Y750,000) this spring. The new buildings in

ΑΤ

MODERATE CHARGE.

end as a Pest Card now and we will

put your Piano in perfect condition

for Christmas,

Hongkong, 6th December, 1907.

137

effect reinsurance with London offices, so that the loss suffered by the Japanese companies may be comparatively small. But Iesides the loss upon the vessels, the Japanese companies are liable for the loan of cargo, the dataila of which are kept secret as a rule. It is generally admitted, however, that the losses of the marine insurance companies this year are larger than for some years past. Fortunately the marine

reduced to such insurance companies are not disastrous plight as the fire insurance companies, which had to draw upon their reserves for the

A

The seapad olub race for moter boits, was impoverishing the country, the cry mot with their mutual interest in commerce and industry, beginning of the present year. Some of them neighbourhood of the princips: factory in i settlement of olaims in the Hakodate fire. For this

walk over for Vital Spark," she being the rather the parasites who composed his court other. That the Imperial Government, said their spital

only starter.

THE BURNED PICTURE.

HOW IT PERSISTS,

The Daily Graphic gives the following account of the statement by Frofessor Sir Oliver Lodge at the Farringdon Street Memorial Hall. en "The Immortality of the

Sonl,"

at the outset the Professer drew attention to

Nor

rose to address the gathering.

|

foreign

are,

OF

so to

have been incorporated Tokyo being on the point of completion, reason the Eut Lloyd's representative who

bave not yet. proposed to raise the the machinery will be set up at an early rate of

of premism. date and it is expected that operations will has been paying a visit to Japan, has drawn the be commenced from ners year. The exten- attention of the London Marine

Inerrance sion of the Kyoto Spinning silk) Mill Companies Association to the frequency of has also been commenced, and the founda-disasters to Japanese steamers. It is feared that tions of the branch cotton spinning mill at the London cfices may demand an increase of Takasago, in the province of Harium, hays been premium for reinsurenco when the cause of the laid. When all these extensions are in fall frequency of these disasters has become known working order the company will have the to them. The real reason, according to the | Osaka journal, is the dearth of ships offlcers. Tokyo Cottin

increase- in Japanose shipping company, which has been established with the consequent upon the Russo-Japanese war, there

daring het and is now an influential ant officers, particularly in the case of masters

year concern with an authorised capital of ¥4,800,000, and chief engineers. of which Y2,100,000 has been paid op.

The

It is declared, indeed, that even a man who is extension works at the main factory in half-paralysed has been taken on as captain of a Fakagaws for 10,000 spindles have already been steamer at a salary of Y200 a month, simply

addition of 60,000 Company-This Since the

ready support. All this while the Emperor, or

either curtailed the mount of

with other companies alrendy carrying were euphemistically presumed to bare no know.

There are also some schemes ledge of the treatment of the opinm. Notwith.

on businesK. which

my, in a state of un- stable equilibrium oscillating between disso standing this presumption of ignorance, the

lution and

and flotation. It will be of some Appointments at Canton ware assessel at A higher figure than any other of the provincial

interest to those who are interested in the future. of Japanese post bellum enterprises to know the offices, and in fact were the main support of the

setual popitition of those companies which have withstood the financial orisis aud are on the fair growing extravagances of the Court.

road to bealthy development. The following is were the ofloials of the Company any more

a general sosount of the sotaal conditions of disposed to enlighten the subject of its conned. tion with the trade, so that on all sides there decide upon these shortly and to communicate

mpanies-newly we hope to

promoted and old ones-of Various descriptions

Spinning Industry.-According to the latest up capital of Y750,000. made two extensions has been great scarcity in the supply of compet. was a conspiracy of silence; and this, and not the incorrectness of the statement man has a Buy Machi velisu poliny on the part of the them to you, and finally, in order to attain statistics the annual prednotion of cotton soul," which indicated that man hitself was his British Government, which apparently had complete success, I would ask the kind yarn in Japan amennts to about 1,0:0,00 body, sed that he possessed something which

assistance of your Excellencies in favourably baler, of which two-thirde are taken up for

home none, was the reason for all mention of opium reporting to your Governments and people and chiefly to China. For the first six months completed, and new factory is to be set because he possesed a master's certificate. was called a soul. Man was a union of both,

consumption and one third for export, and when in death these two parts became being tabooed at the negotiations at Nanking.

so inducing them to participate in the of the current year the total output was up in the neighbourhood of Banju, the site After the war, graduates of a marine school, dissociated the man no longer existed, As to Following the abrogation of the monopoly exhibition as fully as possible (applause). Mr. 504,100 bales, of which 365,007 bales were for which has already been selected. The who had little practical experience of the whether the body was immortal, there could be and the high expectations almost universally Matanoka then proposed the health of the guests sold in Japan and 135,000, hales exported to 6,000 when these new mills, are in working engineer, merely kecsuse they held certifiontos but one answer; the dostrine teaching that the same storas forming his body on earth would prevailing as to the immediate expansion of which having been honoured, Visoout Kangro is expected that the amount of export will be order. one day be re-united was superstition. But trade under the spur of what was rather the question of the immortality of the soul was euphemistically called freedom, merchanta both

The chief of the exhibition executiveslsiderably less on account of the depreciation new will at the works of thin company in lat ven are so frequent, not answered so easily. What was the soul? on the spok and in England committed-the- It was a controlling and guiding principle error of overra'zing its capacity. The trade will, as well as for our own paracual expression, and for the construction of the body under the denominated expansible; no trade could prosper restrictions of physical condition and ancestry What he understood by immortality he would limited extent xuder the extravagant conditions in fack, could soarely exist unless to the most Illustrate by an example, Take the destruction of a picture; suppose it to be burnt. There was of working that prevailed. nothing to suggest immortality about the ashes, the material embodying the

of form beauty and colour had ceased to tribe of furs the material lost also. No, Conveyed by the

was never in the pigments; it was embodied by

by them had become incarnate. Although its materialisation had been lost, it lived still in the mind of the artist who had created it, and in the minds of those whose perceptive faculties had allowed them to understand and appreciate it, of the trade to private bander a very great In this respect, the coming grand exhibition When the body died, the soul underwent a inaresse in the export was to be looked for. This of 1912 is no exception to our previous preced. change; it did not cease to be. "As it was in was to a large extent the case, hut the increase ent and it will be entirely a Government aftur. the beginning, it is now and evek shall be, by no means came up to the hopes formed. without end. That was one way for expressing There were various reasons for thir. In the thought it most necessary and important that At this janolure of our national history, we

■ truth too complex to be put into a concrete formula. Dow formed on a leaf; a little while first place the traditions of the Company out- we should bare an exposition in tho nature of an and it had gone again. Ita îns:rnate existence lived the monopoly. The private and office international one, and invite the assialanes of wes temporary. As a drop it was born, and

which is responsible for our consciousness and as married on by the Company could hardly be

iden

"

extracte.

of silver exchange rates. Turning attention to a lengthy and interesting speech in excellent the past rf the octton spinning industry in English, from which we reproduce the following Japa, it was just after the termination of the Chino Japanese war that the industry gained I's first frapetas and many extensive spinning As you already know we have bad five mills were established in various localities of. domestic exhibitions and had participated in Japan, with Oeska as the principal centre of With the varteng international exhibitions, beginning the cotton spinning industry,

total number of spindles increased will be have been given posts as captain or chief

showing book knowledge. This BAYS the Fuji Usiton Spinning Company The No. 1 denkt, is the principal reason these disasters Until officers with Koyama has been almost completed and the more experience have been trained, it is No. 2 now will is in carte of construction not possible to hope for an improvement in the being expected to be completed next spring safety of marius transport. In 1995 the Tokyo The new ilk spinning mill at Hedegags, and Imperial Marine and the Bes and Land near Yokobams, is also in course of constract-Insurance companies combined, and sent ion, the machinery being ready to be set up. representative to the Mercantile Marine Bureau It is orpested that the work will be in full and investigated the particulare of all diastora refusing to accept insurance upon Chronicle.

&

We have bad a glsace at the almost fumile with Vienna in '1873, »gain in Paris in 1889, bsequent increase in the demand for celton operation about March of next year.-Jupani | at snder the command of captains who

relations under which the profits of the trade Chicago 1893, in Paris 190 and at St. Louis in 1904. All our domestic exhibitions, as well were shared amongst the officers of the Com-

as our share in there foreign exhibitions, we pany, while the expenses were borne by itself, have participated in, have been entirely under as a consequence, extravagance ruled in overy the control of the Imperial Government. There department Prantically tea was the only fore, our exhibition affairs are quite different article of export, and it was expected that with from those in Europe and Americs, which are the abrogation of the monopoly, and the opening planned and carried out by private enterprise.

a drop it died; but as aqueous vapour it persisted, expenses of the merchants were in excess of Might it not also be so with our personality, our what

2

all the nations. As in the sixteenth century

staple | the world's commerce was-pinoantrated in a

yarn many new factories wern set"up"u"an extensive scale, and daring the years 1904. 1903 the prosperity of the cotton spinning companies was at ite sontth.

Tans

and

Cotton

Spinning CP Taisei Spinning Co..... in Ogaki Spinning Co.

P

steamers

AUTOMATIC SIGNALLING:

lind frequentl had accidents. If the present

ntly rate of disasters is maintained, the marine MARINE INSURANCE IN JAPAN.

insurance companies may be compelled to take After the Russo-Japanese war, the spinning

of their in- similer measures for the protecting The Japan Chronicle of November 26 says:terests. It is likely, our contemporary concluder industry underwent a somewhat different phase compared to other

The Osaka Mainichi brings the charge that upon the return of Mr. Hirao, manager of other industrise. Instead of new many companies being promoted in large numbers against marine insurance companies that they the Oaks and Kobe branch of the Tokyo y old concerns and recourse to the extension take risks at 40 per cent. below the Association Marine Insurance Company, who left Yokohamin rate; since the starting of the Kobe Marino on the 20th instant on a tour of inspection of of their factories. The Nippon Ginko returns

Insurance Co., and the ice pse of competition, marine insurance business in Europe and for the month of October quote the authorised. capital of new cotton spinning companies at

the rate has sometimes fallen 55 per cent, below America, some reform in the management of 137,000, 00, while that for extension is quoted the Association rate besides some further marine insurance companies in Japan will be at X52,000,000. The namen of the nowi pro. allowance at the end of the term The amount effected.

are as follow moted companies with their anthorised capital of premiums, our contemporary alleges, does

not ingresso in

to the amount insured, A proportion ¥10,000,000 Nisshin Spinning Co.

while the working expenses of almost all the Tayo

20,000,000 Spinning Co

companies are considerably increased, and it is Nippon Silk

doubtful if suy of the companies, are 00

NEW SYSTEM ADOPTED OF THE 3,600,000 Spinning Co.

METROPOLITAN LINË.. really paying basis. Then the frequent dis so comparatively mitod

javolved the 1:00:000 entere since last winter have

Quita irrespective of the result of the Board “business of marine insurance in great difficulty, of Trade inquiry, it is a matter which admits of on to 'baar, and small narrow space of the Mediterranean, us on moni? · It did not arise with us, nor would it could fairly be called Tanish into nothingness. It was as eternal as this was capped by enormous homie oharges, the discovery of America, the centre of world's The above six companies are those which have

5,000,000 and have rendered it quito impossible to arrange little doubt that if automatic signalling had been the Godhead itself, and the Eternal Being it and hoary freights. The duty reached se

reinsurances with foreign companies at the in operation the recent accident at West Hamp commerce shifted; so in the latter part of the been newly promoted, while there are about 17 would endure for ever.

rates formerly

The Mainichi goes stead Station would not have occurred. .. quoted old The body could not exist without a soul, much as a hundred per cent on the value of nineteenth century, the world's commerce has

osm pan es

es which have decided upon the on to say that Mr. Hirao. of the Tokyo Marine The Metropolitan Company has been experi- but the reverse proposition was one that was the finest teas; on lower qualities it was prohibi- shifted to the Paciño, Asia has therefore extension of their works, ncluding much big Insurance Company, will preceed to London menting between Notting Hill and Praed-strost exercising the minds of psychologists. We tive The opening of the ports raised to the become one of the most important centres in the concerns as the Tokyo Spinning Company with a view to investigate the aystem of working with a now system which has been invented by

and the Karegafuoti Spinning Company.

Out of

of foreign inturaves companies, and it in their soginger, and the results, have been so possessed numerous means of communication highest point the hopes of the pismo goods world of commerce, and Japan by her geograph, of the six new companies above enumerated believed that the Tokyo, Teklkoku, and Nippon satisfactory that its use, we understand, is to be in the flash; and it was believed that talepathy mannfsotarers of Lancashire, and cotton ical position is in ozay acceas to the continent twen wonid provide us with the means of

have already gone into liquidation institute a joint investigation with a view to over the whole of the company's Haen.

The automotic contrivance epures that ono link

and we have been incorporated with the old reform the busines and place it on a sound connecting us with discarnate entities, shipped in ever increasing quantities. As in Osen and broad Australia. On the east, we

companies, the Taisei with the Fakeshima footing.

train oaunot enter a saction before the preced Thoughts wore stored in matter as sourds were those prestesmar days it took many months, have the two Americas. The Pacific Ocean Spinning Company and the Nippon Silk and

The Asahi niso has an article dealing with ing train has cleared it. In addition to the stored on a phonographic record, and it was sometimes almost a year to get replice to is now the common pond, where the whole of Celten with the Haungatuch! Spinning Com the business of marine insurance. Our con- signal being automatically at danger while there legitimate to suppose that a surviving person advices, and no proper statistics of exports were the nations are centering their energy to ex-

although

The nair concern which has completed temporary says that the disasters to Japanese is a train in a section, un.az" lowers and discarnate, might become materialised in us and operate on our senses, kopt, this was equivalent to launching each pand, and in its centre, Japan stiada. So it the

pat call on shares end is progressing with steamere have alarmingly increased of late, the would come at once into contact with any train total amount of insurance effected on steamere which attempted to pass the danger signal. Αν The mass of telepathic experiences which had shipment into outer darkness, trusting to a is our bonuden duty to collect all the pro Spinuing Company, while the work of extension

lost or damaged during the present hall-your a further safeguard the current would give out been accumulated must as something. It sorely tempted providence for the ratura, Nor ducts of Asia in one focus, and show all the in all the old companies is being pushed on being estimated at Y1,500,019. When the immediately two trains were in the same section. Was permissible to speculate regarding their did the evil and here, as the apparatus of nations concerned in the Asiatic problem whsk

with great energy and speed, as may be seen losses of insurar o companies from January last Every possible failure has been so calculated dogmatico. probable meaning, although it was too soon to trade, as above explained, was in a state verging' markets are before them. And by inviting alt from the following account of the progress of' are added, the figures may not be less than that its occurrence would set the signal at

work in some of the companies:-

¥3,000,000. The Japanese companies always danger.

communication. It might prove to be the wares, not always suitable for the market, were of Asia, to the archipelagoes in the Indian Co Bamely the Top and Ogaki Spinning companies will shortly hold a conference and extended with the prospect of general adoption

ality,

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