Page

CORRESPONDENCE.

A SERIOUS CHARGE.

THE LOQUACIOUS STRAITS CHINAMAN.

AND AN ILL-HUMOVEZD SERGEANT,"

yesterday when Lan Kam Wan, washers, summoned Sergeant Taylor of the 25th Oo,

THE HONGKONG DAILY PRESS, SATURDAY, AUGUST 8TH, 1908.

WAR RISKS OF SHIPPING.

REPORT OF THE TEWASURY COMMITTEE.

alone, be

and

AN IMPERFKOT REMEDY, (2 But it is obvious that any National Guarantee for losses offers a very imperfect remedy for this particular evil. Such a guarantee would tend to provent shipowners from laying up or trans.

the sale arrival. [TO TUM DEITOR OF THE "DAILY FEES.").

A case of more than usual interest was The committee appointed by the Treasury to ferring their ships, but could not of itself secure ships and hirin for the risks of shipping in time of war has made it is Important that nothing should allowed SIR,It is an öpeù secret among the Chinese heard before Mr. J. B. Wood at the Magistracy ponsider the gubation of a national guarantee the work of the Navy, and the 2

For here, that on the right of the last typhoon the

its report to the Lords Commissioners of the to obscure this vital portion of its daty.

The members of the committee prices, in so far are silented by ses risks, Chinese crew of a river steamer owned by a

Treasury.

Fan will in the main depend not

the number of Thomas Gl

ships which put to s

oses, but on the proportion of voyages which are anecemfally completed. The much maddened by fear of the approaching represented by Mr. G. E. Morrell (of Mesura Bir B. B. Mackay, Bir. George S.

compensated by the State for his loss would shord no relief to the nation which was deprived its supplies. Ab best it could only relieve the consumer of that portion of the enhanced cont which represented the netual amount of the premiams otherwise payable; but in our opinion this would be only one, and by no means the

danger, that they broke open frst class saloon cabin doors to get at life belts. They terrorized the Chinese gentlemen in the cabins, and anatok ed their life belts from their persons by force. Fortunately the steamer weathered the storm and thus the matter ended. Subsequently these Baloon passengers complained to their friends on

Goldring, Barlow and Morrell).

M.P., Bir J. **BL

проп

Complainant stated that he bad been wanking | George H. Murray, Captain Sir Charles L fact that the merchant or the shipowner was i

for two years for the 40th Co. Royal Engineers. On the let izstant he went to Wellington Barracks to collect money. At about noon he saw Sergeant Taylor and told him that he had washed 77 picom of→alothing for

Gitler Sir H Llewellyn Smith, Mr. E Besuchamp, K.P., Mr. H. N. Gladstone, Mr. The reference to the committee was in the F. Hath Jackson, and Mr. Lindley. following terms —

rranted

be

of

TRE

Following CLARETS are Sélected Qualities from World renowned BORDEAUT Houses whose Wines have been in this Market for the Past Fifteen Years. The Fast that their Sale Increases from Year to Year Proves that their Quality is Appreciated and their Price Reasonable.

Per Don. Qis. Fer Doz, Pla.

COTES MEDOC

Nico-Luncheon Wines

ST. EMILIEN, Good Dinner Wins ST. JULIEN, Superb Dinner Wine

ST. ESTEPHE, Superior Fine Flavour COS. ST. MICHEL,..

4

35.50

$3.25

6.50

3.75

8.00

4.50

10.00

5.50

12.50

6.75

CHATEAU LAROSE, High Class Wine

15.00

7.00

H. PRICE TELEPHONE NO. 135.

Hongkong, 28th July, 1908.

CO.

LTD.

& WINE, SPIRIT & CIGAR MERCHANTS,

12, QUEEN'S ROAD CENTRA

136

At this point, therefore, we reach the con- th the ou present situation, and the advantages which"

o devern any solation of them which is not thecould under any circamatants be sure open to serious criticism and oven to gravo

National Guarantee, are neither of them so abuse tto

great as the advocates of such proposals hava generally supposed. We admit, however, that these dangers do exist to some extent, and that mitable scheme of National Guarantee, if such would be devised, would diminish though it could not, abãointely remove thent.

To consider and report (a) Whether it is desirable that the State Bhore, and when asked why they did not bring him for which the amount due was $2.31 should undertake to make good to shipowners most important, of the factors pontrolling prices. the matter to the notice of the anthorities, they Defendant told him that he had lost a white and traders losses incurred through the capture

If so, whether suck indenity shoul: explained that they were too thankful to bare handkerchief and a pillow case, and that of shipping by the enemy in time of war. Insion that the dangers-to-be apprehended from

calculated scaped with their lives, and so great was their be must return them before he was paid, gratuitously or should be dog joy over deliverance from death that they could Complainant went back to his sher, and payment of premiums

returned later to the barracks with the miss-Blate-either wholly or in part-for be incurred. (e) What conditions afford to forgive the wretches.

Now, Sir, this may be their view, and ing articles. He saw the Sergeant again, attached to the grant of the indempid it in a characteristic Chinesa way of and the latter took him to his room where what arrangements should be made fo

The commitee examined 29 witnesses, à. putting it, but the crime is really too serious he produced a pair of white trousers which, he proper working of the scheme. to go elthor napunished or unnoticed, and I said, had been destroyed in washing. Then the whom sight were underwriters, three were, or would like to bring this matter to the defendant, without saying anything, struck him had been, in responible positions under the notics of the authorities in Hongkong with three times on the face, Witness rap, and was Admiralty, seven wers alipowners or ship- a view to inquiries being made and, if chased by defendent. As he fled downstairs owners representatives, four were bankers or possible, punishment meted out to the opwardly his bat foll of, and be nearly fell too. bill brokers, one was an average adjuster, two wretches, who are still employed on that British Defendant threw his hat after him, He went were representatives of mutual indemnity will be seen from the preceding paragraphsoospting an unknown, but in any ease consider- associations, and the remaining four were Lord steamer, In their present position they are to the Pay Ofice where he saw three officers, Balfour of Burleigh, chairman of the Royal Bowles, Sir Robert Giffen, and Mr. J. St Leo Burachey. "The diversity of views prevailing the crime in times of emergency. There is no went to the Magistracy and took out s summons, doubt about the accuracy of this statement. He did not icas any of defendant's clothing.

action is remarkable," the committee Bay in The facts were given by passengers, who are by the way wealthy and löfluential men in Canton,

their report," and bears testimony to the complexity of the abject which has been

Can, then, such a cohome be devised, and do the advantages which it is capable of conferring, ontweigh the disadvantages which are inherent if any proposal of the kind?

If the dangers by which our commerce and industry are threatsed were as great as ther appear to the advocates of such schemes, or if the remedy provided by a National Guarantes in any form were complete, it might perhaps be. worth while to face the enoriaous adminis trativo difoulties involved in the adoption of a scheme, to accept the risk or even the artainty of having to pay some fraudulent claims, and take the financial leap in the dark involved in

only be justified if the can sgainst inaction able, financial liacility. Dat this course could were over whehning and the remedy certain omnilitions bolds good, and we are therefore

OF ARE of National Guarantee against the war risks of shipping and maritime trade, excopt that which le provided by the maintenance of a powerful.

We desire

dangerous inasmuch as they are able to repeat kut as they had no time to speak to him he Commission on Food Supplies; Mr. T. Gibson" of our time and attention to those two question, and complete. In our opinion neither of these

TRUTH.

--Tours &c.

Canton, 6th August, 1908,

CANTON.

[FROM OUR CORRESPONDENT.]

August Stk. The opening of the Bazaar took place yesterday with the usual oekemonies in the pressnos of distinguished guests and great Concourse of people who had come from the neighbouring ports and towns. G

THE FLOOD FUND BAZAAR.

Evidence, that we bare given no small portion of this Report, sul from the Minutes of

for it is upon the anawor, which ie made to them Inquiry mast turn.

His WorshipAre they the pieces of cloth. / both as to the desirability and resultà of Sial that the Bnal decision upon the subject of our unable to recoinmned the adoption o

form

Complainant-These are new. I bought them.eferred to us. It extends to almost every point the offer of a free indemnity would not merely Nary to record our obligations to our

ing produced the same, or some that you bought...: Proceeding, complainant Laid that defendant blackened his lower lip and loosened one of his teeth. He worked for complainant til the 20th altime, but was told he was not a good humoured

MAR.

Coss-examined: The 40th Co. have "moked you, haven't they I haven't done any work for them this month.

That is owing to your unsatisfactory washing ?--No-It-is-only-that-the defendant and some of the soldiers lodged complaints.

of our inquiry, and bearing in mind the special the witnesses in the subjects on Competence.cf which they were oxamined, most be hold to show how speculativo are even the best con- widered opinions as to the probable course of events in a great naval struggio"

The report discusses the questions under these two main heads Considerations affecting the desirability or otherwise of some form of njonal guarantee and Questions incidental to the adoption of any scheme of national guarantee. For the purposes of the inquiry it has been assumed by the committes through. (a) That the British Fleet would be strong

command of the sea.

out:-

As it appeared to us that the war charges on neutrals would be not inconsiderable, and that prevent the owner of a British ship frota boo andaly handicapped in his competition with the central, but would actually place him in a better position than he occupies in time of peace, it was natural to prefer a contributory scheme if such could be devised. Eleveral plans of this kind were suggested to us. They are examined at some length in this Report but the con- clasion to which we are forced is that they are none of them practicable, and that if a National Guarantee in to be given at all. it will be neces say that it should take the form of a free indemnity,

Secretary, Mr. George H. Daskwerib, for the very valuable assistance which he has given na both during the progress of our inquiry and in the proparalin of our Report.

The report is not signed by Sir George Clarke, who, although he had heard the whole of the evidence, was obliged to take up hi

report was

was drafted, Sir Charles Oilley signed appointment as Govornor of Bombay before the the report with the following reservation "I think it would be very regrettable if our inability to recommend State action to-day should come to be regarded as definitive proof of the useless- ness and impracticability auder any circum guarantee Sir Charles Ottley is also in full agreement with Sir George Clarke that of our witnesses were evidently unprepared by a somewhat difficult any previous study of subject."

Ha Excellency Viceroy Chang Vĩ 20able to the defendant. You bought the articles now enough to secure and thereafter to maintain 1 than on any viaw of the case is entitled to claim; { atonces in the future of any schema of nationel

attend owing to the day being an official mourn ing day. Most of the foreign Consuls and the leading foreign-esidents attended the ceremony which was prasided over by Ex-Governor Tang Shit-Chenk.

As in Hongkong, high prices were paid for

The clothing in Court you never delivered to and-brought them to Court He told me to go back and get his clothing for him. As matter of fact, I did not lose his articles.

In the defendant's room you got very excited and talked as only a Straits Chinaman can talk P-I did not say anything.

of.

war,

(6) That the laws of maritime warfare, including, the laws regulating capture, contra- band

the right of seared, o., would remain unchanged. Some of the witnesse evidently held strong views as to the zamenity for a revision (whether in the direction of a reversal or an extension) of the principles of the Declaration of Paris, Bat this subject was not feel justified in offering any opinion upon

many

MEMORANDUM BY SIR GEORGE OLARKR, A memorandum by Sir George Clarke is appended to the report. In the course of a full examination of the subjoet Sir George Clarke

amall articles. The Viceroy's wife purchased defendant hit you without your having said outside the scope of our reference, and we do differed largely in amount There is little to writes regard to the opinion of the majority

a small embroidered picture for $1,000, Mr. Lao Yuct Shoun paid $81,000 for a small square of embroidered characters, and a bottle of lemonade was purchased for $1,000 by a wealthy Chinaman.

A copy of the first issas of a newspaper 144

You mean to come here and arear that the anything? Do you expect the magistrate to believe that He spoke to me, but before I could reply he hit me.

He told you to get out-He didn't. Why should he tell me to get out P.

I'll tell you why he told you to get out,

This is in itself undesirable, fer as, siready stated, it gives the guaranteed something more but this objection is not in itself conclusive, if, however, the whole cost of the loss of ship and cargoes is to be transferred from the shoulders of the owners to those of the taxpayer, it becomes additionally important to form some

what tho Idea

extent of this burden would be. Unfortunately no materials exist, for such a osloniation. The various estauales laid before as started from widely different bypotheses, and

among them, which at best can only he of witnesses, to the strong support of the Royal guide any one desirous of making a choids the result of a number of assumptione, any Commission on Food Sapply to reasonable The following is the text of the Summary of ourselves therefore to the statement of our

one of which may be disputed. We contine probability, to the represantations of Chambere af Commerce and to such solual experiente 22 Conelusions, the references to preceding para opinion that though the proportion of losses

I have come to the conclusion that. 18 availahia,

I believe that the graphs of the report being omitted

Having finished our survey of the evidence, may be small, the aggregate amount involved State notion is necessary,

be considerable. Spread over the vast

exaggeration of war rinke leading to excessive and violently-fuotuating insurance rates, to the Arose in the course of

inquiry, QUEN

but a small percentage of the total, and might weakening of the values of policies or secerities, in a position to summarize the conclusione at

a serions check which we have arrived. We have already stated involve on the average only a zunderate rate of sad possibly to the closing of insurance-war- проп for the Chancellor of the the operations of the would be necede from taxes or leans at a grave national danger. After the early stages Exchequer to

SUMMARY OF CONCLUSIONS,

· years ago, was put up for anotion and knocked | Because you were talking to bim in a most and having passed in review the principale which volume of our mercantile marine it might form

down to another philanthropist for $400. Mr. Fong Wa Chun, of Hongkong, who was appointed general adviser to the Bazaar Com mittee, made numerous purchases. The sale was brick and over $10.000 were netted on the. opening day. The Bazaar will contine for the

enccèse a that held in your port.

The proceeds of the first two days amount to $90,000.

CANTON-HANKOW BAILWAY.

excited manser!--I said nothing at all. What did he hit you with His fat.

the marks

Beven days are passed now.

me and I rag aWGY,

We are now

a most conflating character. From the nature able. Material for forming a conclusive judg

viens

We recognize

Boma

Having

to

to

ሰከሳ

CURE BY CUTICURA

AT CITY MISSION

Young Woman Found in Awful Con- dition with Scables-Body a Mass of Sores from Scratching-Tried Many Remedies for Seven Weeks -Result Was Discouraging, But

་་་ ITCHING TORTURES

YIELDED TO CUTICURA

"While I was doing missionary work In the lower portion of several cities found it necessary to know a little of the efficacy of a few medicines and after a while I found that a little knowl edge of Cuticurs was about all I needed. One of the very bad onses I had to deat with was that of a young woman who had come to us not only broken in spirit but ha a most awful condition physically. Our doctor examined her and told us that she had scables (the Bch), facipient paresls, rheumatism, etc., brought on from exposure and the Her ects of her ragged-edged life. poor body was a mass of sores from cratching and she was not able to retain solid food. We tried many things, good tonio was prescribed and baths with a rubbing of lard and sulphur, We worked hard for seven weeks and you can imagine how discouraged we were when, after all that time, we could ac so little improvement. One day I hap pened to see a Cuticura advertisement telling how a little baby had been eured of a bad case of skin eruption, and although I had but 87-cents (four hillings) with me, I bought a cake of Cuticura Soap and a bottle of Cuticura Resolvent When I reached home was like a child with a new toy, and we bathed our patient well and gave her a full dose of the Resolvent. She slept that night better than ate had since she had been with us and the next day. I located the price of a box of Outloun- Ointment. I am not exaggerating when I say that in exactly five weeks. this young woman was able to look for a position, being strong enough to work and full of ambition. In another month she left the home, strong and well. Laura Jane Bates, 88 Firth Ave., New York, NY, U.S. A., Mar. 41, '07."

Send to nearest depot for free Cutl Cara Book on Treatment of Skin Diseases. Compisto-External and intenst Treatment for and Adulto Call Bonita of Cuticurs soap to Cura Dintinent to Fical The Okto, and

olvent-or-Cuticura Resolvent Pill (Choraleis Blood. Bingin Set oflen Depots: Lendon,

Every Humour of inants who amuth Ea·

Costed) TEELE 400 5. Rue de PRIX:

Cures Boid i

Charterhouse 8q.: PAHS, Autmila, Towns & Co, Bydney: Potter. Dru

Cham. Corp. Bale Prope

48-9

going to son with the grave resalta entailed, The extreme sensitiveness and the Bability to pable which characterise modern commerco

Let us have a look at your face, Where are that the evidence on almost every point was of insurance; but re, arded as a sum which itketa-might, brimpeptile Marine, entail You were taken by the shoulders and pushed of-the-inquiry-committed to us this was inevit tinser of grantengist stress it would-be a very of war bave passed-it-is-to-be expected that true standards. This early approximate next six days and bids fair to be as huge / out of his icom weren't you No, he struck i ment is not available, and the major portion of formidable addition to the burdens of the taxpayer estimates of maritime risks will be begin

the evidence given by witacesen dealt necessarily sad the difficulties of the Treasury. Nor can with matters of opinion on which others equally we admit the validity of the plea arged by period, during which insurance is as

of the witnesses that the total loss to the witness admitted, a system of heiting against Sergeant Taylor said the complainant washed for him for two months. The first month be competent might, and often did, expronation would in any case be the same, and that capture, must, therefore, be regarded as critical.

diametrically contrary was very unsatisfactory, but when defendant that in the mass of evidence given before it would be more fairly distribuita through If the State can succeed in steadying rates until through the ordinary channels of trade. It is sary will be attained. From the national point of "Superintendent of the above railway, has cabled month he went from bad to worse. Before his of the Royal Commisiga on. Food Sapplies, flexit to apply this argument to the case of view, it is the over-estimate of risk, with all the suffoe, in my opinia, to justify the meatres

His Excelenoy Chang Chi Tung, Chier complained he promised to do better. The second our Committee, or recorded in the Blue Books taxation that if left to flad ila way to consumers they rest upon a reasoned basis, oil that is recos- there much which would appport a different imported luxuries, such as diaxaonde er ostrich consequences involved, that has to be feared, contract terminated with the 40th Co. witnern ecnelusion from that at which we have.

arrived; had lost four articles of clothing. When bat, after giving fall weight to these diverse feathers, for it is obviously unfair to keep sot the actual captures, which, if the Navy is also sending several special deputies to Canton defendent saw complainant, who had left a pair opinions, we are of opinion that it is not down the price of these for the benefit maintained at an adegnate strength, and is in war--is fulalled, as I believe it can be fulfi

of broken kneed trouters in his bank dating bis absence, he called him into his room to speak to bim. Defendant saked him what he meant by returning each things. Complainant refused to replace them, so defendant asked him to leave. The washerman continued to talk and defend- ant throstszed to push him out if he did not

to the President here to diemias many super numerary employees of the Company. He is to have a thorough investigation into the affairs —of the Company.

APULITION OF MANCHU COURT. The Board of Punishment has wired to the local authorities to abolish the Manchu Court which was established for the exclusive purpose of trying cases in which Manchus and. Banner-

effectively directes, will not rench such dimen

sions as to constitute a publis danger.

limited ad

wanated. If the essentiel condition that effectire navel protecflon will be forthcoming no undas burdes will be thro sa pa o folied.

JOINT STOCK SHARES.

Mears. Ternou & Smyth say in their weekly share report, dated Hongkong 7th Aug. 1908- Business during, the past week has ruled dell almost to the point of stagnation, and we bare few transactions to report. Bar silver is quoted in London at 24-3/160, and eterling exobango at aloses at 74

man were involved. Honoèfortli all cases will 80. As he still refused the Bergeant pusheding will be laid up or transferred to the State. Shippers; and shipowners have full arises without dislocating-business methods, or 1s. 9-7/16. T/T. The T/T. rate on Shanghai

be tried by the Nam Hoi and Poen To him out, and when he saw him later threatened Magistrates.

SEARCH FOR FIRE ARMS. The Walwapu has telegraphed to I. M. Customs bere stating that in future all seizures of Brearms above four pieces and four cartridges will be considered as an important seizure and a serious offence. They request the Custome Authorities to make rigid search for firearms.

HRVATORY FOR CANTON.

Owing to the great destrostion of property and loss of life in the resent typhoon H.E. Viceroy Chang has given instructions to the Commissioner of Customs here to establish an Observatory and erect three stations in the Harbour for hoisting typhoon signals to warn the public of approaching typhoons,

to sus him if he did not replace the missing clothing.

Sergeant Sanders of the 4th Co. Royal Engineers, testified to seeing the complainant after he had been turned out of defendant's room. There were no marks on his face. Complainant went to witness about his money but the captain said he was not to be paid until all the men's clothing was found to be correct.

His Warship dismissed. the summons.

CHINA TEA IN THE LONDON MARKET.

In

AN INCREASE OF RISE.

по

community.

BANES-Hongkong and Shanghais have raled steady with small sales and farther small bayers at $77, London is still quoted at £79. Nationals have not been dealt in but are wanted at 851,

MARINE INSURANCRS-Unions have been booked at the reduced rate of $760, sad are wanted in small lola at that figure. There are buyers of North Chinas at Fle, 78, and of Yangtence at $156.

who purchase them at the expense of the desirable that the State should undertake fe of the comparatively for wealthy people make good to shipowners or traders the lower WAS

On the other hand, experience has shown that incurred by them through the saplare of whole body of taxpayers throughout the kingdom. Yet it was generally admitted that

a material rice in war risk premiums does not. shipping by the enemy in the time of wax.

ro distinction could be made in practice between obeok maritime operations, and, as a unil The advocates of such a proposal argue that lazaries and necessities. Both are important majority of witness agreed, there is no valid

to the maintenance of our shipping.as affording objection to the principle of in the absence of a National Guarantee the shipping industry and oversas trade of the freight, and both affect the interests of the valorem contribution levied on shipping and gargees. A system based on this principle, United Kingdom will be thrown into confusion labouring population, either as consumers or as on the outbreak of naval war between this

workers. But there in another and a stronger must, however, be thoroughly practicable, and and any other great naval Power, that objection to the transfer of these abilities to ready to come lato use whenever the necessity neutral flags; that insuranos against war risks control over their ventures; the taxpayer composing haressing conditions on the trading will be impossible, or possible only ab. probibi tive rates; and, consequently, that the prices of best, exert bat an indirect and imperfect supervision. Shipowners and merchants may

I consider that it is absolutely impossible for food stuffs and raw materials will rise to such

the State to set up an Insurance Department at an extent as seriously to affect the national life; wake heavy losses, but they may also expect correspondingly high profits on successful

the ontest of war. The magnitude and multi- whilst the strategic depositions of the Admir ventures. If the transfer be allowed the losses alty will be hampered and perhaps over-ridden will fall on the taxpayers at large, but tire tada of the transaction involved would alone Bafilice to render any such scheme impracticable. by the clamour of public opinion alarmed at the profite will be retained by individuals, Lastly, Government Departments have no experience interruption of our trade, and inflamed by the the taxpayers who would be thus called upon to

of itsurance business, and it would, therefore, scanes of distress to which that interuption make good the loss of individuals concerned

be necessary to invoke the aid of a large body would give rise

in a particular form of trading would themselves

of experts, who conid not beexpected to examine

FIRE INSURANCES.-Hongkongs continue on In our opinion these apprehensione and the be in many cases large sufferers from the same

tbe situation with the anxious care which is

offer at $815, but Chines are again in demand flogy of the suggested remedy are exsg-causes; but, as in their case the loss took a

necessitated by personal liabilities. Moreover, gerated. We think, for the reasons already different form, they would reosfre

it ander sach a system insurance rates fluctuated at 192

SHIPPING-Hongkong, Canton and Masson given, that, assuming the maintenance, of an compensation.

considerably from day to day, the advantage from the point of view of the maritime intereste have been booked, and more shares are available Messrs. Walker, Lambe and Co. write adequate naval force, there is little danger of New Season's Monings from Hankow were British shipping being laid up on any large

To these objections must be added the effect would be heavily discounted. It is, therefore, at 329, Star Ferries (old) are procurable at placed on the market late on 6th July. In all scale at any rate for any long period. There

no alternative except a State Insurance Depart after small sales at the rater Other stocks under this heading are unchanged and without bont 2,000 half-chests have been shown. le more likelihood of transfers to a neutral flag of an indemnity in tending to cause the transfer natural that many witnesses, who conceived of 82 st there are buyers of the now jasne at $15.

attempted, but when due allowance is of goods from foreign to British ownershipment, should have declared for free indemnity.

business. Las been only on a moderate soste. Bidding

On the other band, if the Bt te were to lay finest Romuns & few all parools from la, 5d. made for the dimonition of the operation and before instead of after the voyage, has in fo ls. 9d. per lb., bave obanged bands, and in for the anoartainty surrounded the question of greasing the amount of British property at risk; down a subedule of rates corresponding to sones Out of 286 candidates who went in for the Medium grades from la to ls, 3d. per lb. contraband and the consequent insecurity of the influenes which the knowledge of the ex- of voyages, and to empower established insurance,

istence of such an indemnity must almost offles to issue policies on commission, the prae preliminary examination for admision into

In sil Teas below these prices vary for sales neutral ships and their cargoes, it meme im. the 1.M. Customs Training College at Peking hard as yet been recorded, 94. boing about the probable that they will affect any considerable inevitably exercise spor decisions in the tial difficulties will be found to disappear to

proportion of the mercantile marine.

Enemy's Prize Courts, by increasing

their

The object of the State being simply only 80 of them passed the first part of the lowest quotation,

Bome loss must, however, be expooled under tendency to condemn and by weakening the prevent excessive finotaation of rates by laying keng and Whampoa Docks are easier with examination and I hare great pleasure in Messrs. Wm. Jas, and Hy. Thompson report: reporting that about half the number who The Victoria" arrived on 6th July with each of these heads, and in ao far as it takes indasement to neatral owners to prosenters limit, I consider that a schedaio on the sellers at $105, and probable buyers at $103. passed are students from Hongkong colleges New Crop-teas from Hankow and Fooohow, the form of transfer, it might be permanent vigorously their claims for relosne of their goods flowing lines would falfit all reasonable Kowloon Wharves have been done at the redus- when seized in British shipa: the difficulty of requirements (a) Vessels crossing the English ed rate of St5 and are wanted. Shanghai Dooks and schools. The second part of the pts comprising 3,431 packages and 4.376 in transit. and attended with some loss of trade.

As regards the ordinary facilities for inaur- exercising the necessary Admiralty control over Channel or North sea per cent, (6) Vessels are quiet at Tie 84, and New Amoy Decks at liminary examination will commence on the Ons small catalogue was printed containing 412 it does not appear that there was ever real voyage, and its probable bad eff et on the

packages, but buyers

showed little anxiety to an

difficuity

LANDS, HOTELS AND BUILDINGS.-We baro is securing & quotation in the past, initiative and enterprise of masters of vale entering the Balio, 1 per cent, (c) Vessois 391. Shanghai and Hongkow Wharves have poses any particular grade, Green Tea :--- A NAIVE REQUEST.

The offerings e e aristed of 547 packages, and though it seems to be supposed in some and the serious danger of fraudulent claime, passing through the English Channel, per deopped in the North to Tl.180 with sellers.

Chanziel, per cent. (c) Entrance of English no business to report. Hongkong Hotele have which being anattractive sold at rather easier quarters that rates have often been fixed too high, against Bands the training claim; cent., (d) Vessels pessing through the Irish

or Irish Channel to Gibraltar, 1 per cent declined to $89, but at this rate a few shares With regard to the appointment of HE rates, Privately Since the quality of the and that nuderwriters have been secustomted to adequately to protect flæelf, Con Line Shay, the 1468,

Keemaus make unduly large profits out of them, the Brst corsignment of Kintnoks and

No one of these objecti ne is necessarily fatal Midibranene, per cent (g) Entrance can be placed, Humphreys Estates are still on sepcial Imperial rod lewasket has proved satin factory. Maybe if hann nroved that in

evidence we have collected does not bear out this by itself to the idea of a National Guarantee Channels to Cape or South America, 1 per offer at $10.

COTTON LLS.-There is no business.to. future Commissioner to tho

per cent, (2). Buss

and quotations are without change. exchange, is to how those leading Christion feady business has been done, and wo

China Borzeds are around Taken togather they outwarga, in der opinion, rip do Week nations of Europe that they should also follow that fully balf the shipment has been diepened wars the market would be so restricted cumulative off-st is formidable est. (h) Entrance of Changels te North rates so prohibitive as to necessitate interferone

- procurable at 3103, and Green Talad Cemete the good example set before them by America of, pries ranging from lid, to 18-10d, per lb. and return the surplus of their respective por Meairs Lloyd, Matheson and Carritt atate: by the State. It is impossible to give any any possible advantager limited as n lieve the Cana to Australia or

from auch a proposal Bat if

proceeding from London to Australia would be at $10.65. There are buyos of s any doubt still tione of the 191) Boxer indemaity, to this The special feature of this week's market has estimate of what

we may be engaged, or

Electrics at $16), and Steam Laundries at $5. first shipment of New Crup black faal Corgons, state with any approach in exacinéis what the remains as to the answ. c. to be given to the charged +1+3+1-21 per cent is the Suez Providents at the improved rate of 891, of the administrative diffoul ties While the system of indemnity at fixed rates- Ices can be placed at $295, and Dairy Farms at superior to last year's early Bonsignments, very vary with the circumstances and the spino. The teas were placed before the trade on 8th des of the particular struggle. That the rates separable from say scheme of National is the only one that I am able to support, 1 $19. inst, and sales are reported in good medium to will be sometimes high enough to handicap Guara tee which are discussed and developed desire to emphasize the view that such a move- altezdant the determination of values, aud needs can be secured by naval means alone. No fine grades of Kesmuns from 11d. to ls, 3d, per. seriously partfoniar trades must, we think, be in this Report The immense diffoulties ment of shipping in war as is vital to our national Bystem of State indemnity can do more than For abolos parcels of Kintucks have also admitted as probable, This will almost certain 1b.; a been placed at 18. d. to 18. 9d. per lb. Greenly produce some Increase in the cost both of on the settlement of claims sre themselves a

The more closely they are examined, the more exeggerated and violently fluctuating, extimate TesA small business passing in Gunpowders living and of manufacture, which may even at serious vistacle to the adoption of scheme, provide a esfeguard against the effects of at

times be serious. and Bow Meos, showing no change in prices.

formidable do they appear, and we are unable of risk which might prevent our shipping from

1.M. CUSTOMS TRAINING COLLEGE,"

11th instant.

Empire which is so hard pressed for money, for been the arrival, por pleamer" fatorie of the future war in whiratos are likely to be in Aby these advantages to be, which might be derived

the introduction of Western reforms at the prezent time,

The Chinese Government firat intended to send H.E. Lieng Tur-gen, junior vice-President of the Wainupp, as spreist Commissioner, but he declined it, and bin old school-mate Governor Tang, was then selected for the mission.

Both Taug and Liang ware graduates of the Tale University, so that they are fully acquaint ed with the conditons of life in USA.

to

Under the D

["The" quality is considered very good and extent of the facilities would be. They will be me wo think it would be Canal or 2+1+1=24 per cent, via the Cape..

BEBINBRIDG. No business is reported in this MINING, A sale of Raubs at 87 is reported: selion, and quotations are unchanged. Charbonnages continue in request at $550.

DOCKS, WHARVES AND GODOWNS. Hong-

LATEST STEAMER MOVEMENTS.

The Danish str. Cathay lelt Slugspore on

on or about the 18th inst... the 6th inst. pm, and may be expected here

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