Page
THE HONGKONG DAILY PRESS, THURSDAY, DECEMBER 24TH, 1908.
SHIPPING NOTES.
At the 68th ordinary general meeting of the Peninsular and Oriental Steam Navigation Company, convened for the 11th December, tho Directors, after providing for the neual dividend
HOME AND CHINA AFFAIRS. [FROM OUR OWN CORRESPONDENT]
LONDON, November 29th. BIE BONENT HART, AN
no light on the question; the only passage I can find which helps in any way is the Statement in Coote (page 9) that it is clear that a mortgage does not itself imply a covenant. But if this is so thon it disposes of the flex that the conditions for redemption, can be treated a covenante. I honitats to say that this carring the whole way towards wolving the dißonides in the present enso; but researches among the authorities threw upon it, the deferred stock of 6 per cent for the six of themselves, will entertain him to dinner at
It certainly goes a long way towards meeting the argument that what is stated in the mortgage becomes evidence of the obligations which the defendant has taken upon him- self as mortgagor." If they are not coven- ants there cannot be evidence of corensats; but are nothing more than what they
amount of the security. It is just because of this assuming it to have been the intention of the parties-that the personal covenant should Jave been inserted; and it is because of this. that this semplicated question had had to be argned, I have been compelled to express an opinion upon it with such materials as were laid before me, together with such light as my own cannot profess to be satisfied with the result because I am uncertain whether I have got to the botten, of the matter, for the law of mortgages goes far back into the earliest decisions of the Courts, and it may Some occult be that I have overlooked principle which would tell in the plaintiff's
I
BRITISH FLEET IN THE PACIFIC. The desire of Imperialists to have a large British fleet sont to Australia and the Pacifio possessions generally next year, to show that Great Britain as well as the United States has
some ships to the Pacifle islands, Australia is
Sir Robert Hart is again being honoured by great navy, does not promise to be realised, of for though the Government in reply to questions at the rate of 5 per cent per annum on the pre-his own countrymen. The Old Boys ferred stock, were to recommend a dividend on Wesley College, who are proud to call him one have given a sort of conditional promise to send months, and a bonus of 3 per cent, making, with the Shelbourne Hotel, Dublin, next Thursday, not to be given a demonstration of British naval interim dividend of 34 per cent paid in June, with the Irish Master of the Rolls, the Rt. Hon might. The attitude of the Government is that distribution on the deferred stock of 13 Per Richard B. Meredith, in the chair. Next day Australia knows the ships are there anyway, and sent for the year, or a total distribution of 9 per Sir Robert will distribute the prizes at the the Government is airing Australia to form har cent on the paid up capital.
College and then he will proceed for a few days own naval force, which is not satisfactory to those who have been struck by the impression to his native town of Lisburn
made by the American feet in the Pacific.
{
profess to be, conditions of redemption. The lavour. All I can say in that in the event of i between owners of the steamship lines taktions be will receive an address from the Lisbarn
puzzle is to find out how they can hy more reference in the agreement to be liable for the moneys due under the mortgage become any. thing more than they are, even though these words are added, whether those moneys exceed in amount the value of the proceeds of the sale of the promises and the $55,000 security of the agreement, as something due under the agreement.
defendant is necessarily entiled to judgment on the counter claim. If the additional cash secur
Agreemente have recently been concluded eargo for Europe or for the United States vis Bues to bring into force in Hongkong on and after 11th January next an arrangement for the measuring for cargo by a sworn measurer, With this and in view Captain B. Branch has been appointed official measurer for the lines running to Europe as well as the lines carrying cargo to the United States via Suos, Captain O. Moning has been appointed official measurer at Canton for the steamere carrying cargo to the United States via Suez.
•
The direct service between Calcutta and Vladivostok which was insugarated by the Imperial Volunteer Fleet at the commencement proved a complete success, and has offered many advantages to shippers of tea to the Russian market. The time occupied by the foot's vessels
On the Saturday following the Dublin func Town Council and on a subsequent days he will attend the annual meeting of the Home Mission in the Seymour Street, Methodist Church, where he worshipped as a boy and where his father was respected member years ago. The men of Antrim are vastly proud of Sir Robert.
IMPERIAL DEATHS)
THE OPIUM CONFERENCE, The composition of the British delegation to the International Opium Congress at Shanghai la held to cover all the interests concerned, from those of the rabid opponents of the drug,
representatives like Mr. Brunysta, for India, like Mr. Robert Laidlaw, M.P., to Colonial
and Mr. Mackensie King, the Canadian Deputy- Minister of Labour. Then there is Sir Cool Clementi Smith with experience of Hongkong, the Straits, and Ceylon. I am informed that the Government has the greatest faith in the abilities of the last named, and there was no hesitation in selecting him delegation.
to head tho
Mr. Laidlow, I fancy, will have to meet some Little discussions if he goes about in Hong- kong much. He says he will leave by the Siberian route on December 5 and will be
the onso geing further I must invite the learned Counsel engaged to a more profound study of the early law than was possible before a Court of first instanos. With regard to the case of parte. Bisher to which I have referred, I must not be understood as expressing any opinion quo way or the other as to its bearing ou this caso, nor have I formed any opinn I
I fancy ovory paper in London tried to do not think that I should be justified in direct
battonhole Sir Robert an the tragic events in China. Hnt though in his genial way he made How can an agreement to paying a re-argument on the point. It can be what is owing under the mortgage become a
taken on appeal if the plaintiff is so advised.
few general observations us to customs and real agreement to pay a definito sun when With regard to the counter claim, it by no
ceremonies incidental to such a circumstance he there is nothing owing under the mortgage?
means follows from what I have said that the It seems to me that to call these conditions of
rosolutely declined to comment on personalities redemption "evidence of the compradore's
prospective or retrospective, though apparently obligations" is to put them on a lower planeity of $55,000 was so linked on with the socurity of the current season, a Calcutta paper says, has his optimism in regard to the 'futurs of the
The than is essential to support the action.
At the Chinese Legation the Chinese flag given by the mortgage that the conditions of
Chiness is undimmed by recent events. agreement refers to them as obligation, and these
the redemption of the mortgage were also the they are not, and unless they are obligations they conditions for releasing the security, then the
floats at half mast uccording to the Western cannot be sued upon. Some stress was laid on plaintiff could hold the $55,000 until the losses from port to port is only some 16 days in all custom, and prominent people attached to accompanied by Miss Laidlaw who will not as clause 12 of the agreement, which provides that resulting from dealings with Chinese customers and this in itself should be an inducement to Anglo-Chinose affaire hare called to express his secretary. Sir Cooil C. Smith goos on the
were paid, Bat, although I have searched shippers to utilise the new route; but the most their condolences. To others the Minister, same date..
In case you have not before you the terms of clusive evidence against the compradore both of through both ducuments, I can find only a few important fextare is the saving in donble hand. Lord Li, has been inaccessible. The best the fact of sales and of losses incurred there. gantences which point that way, but none which¦ing of cargo which by an alternative route informed men hers, I find, are of opinion that nader. But this cannot turn the other clauses justify me in coming to that conclusion. Clause would have to be transhipped at Colombo. The ander Princa Chun's regency the progressive the business of the Congress, I may add that
11 of the agreement refers to the fulfilment of two vessels employed in this service by the movement will continue to develop as wisdom the points ere are not. The clause does not create liability the obligations of the compradore, that is to Volunteer Fleet have taken away over 62 million dictates. As for the papers, the diligent reader bat simply provides the machinery for ascertain- ing euch liability as may exist. It would say, the obligations of the mortgage and the Tbs. of tea since the 25th of June last, the date must be in a mazo as to the character of the late in the possessions of the respective countries! operate to determine the amount which would agreement which only raises the same question on which the first steamor left the port; and rulers and the temperament of the present Regent.
as is raised in the plaintiff's case, and which I this innovation has doubtless been keenly felt by According to the office of the various writers (China, Japan, Great Britain, United States bara to be paid as the condition for redemption. have already decided. Defendant must therefore opposing steamship companies who have hither. are the adjectives ranged from the glowingiv France, Germany, Holland, and Portugal, will' have judgment with costs on claim and for his to enjoyed the patronage of shippers to the flattering to the unmitigatedly deannoistory. The
Dowager was
either & beneficient cutocrat, a Russian market via the Far Eastern route.
Queen Elizabeth, & Catherine the Great, or, if you preferred, she was a Mashiavellian despot, as crual se a tiger and as reactionary as all her Manchu training and natural abilities could make her. Truly the lack of knowledge leads wondrous aid to the imagination and the averag writer on these subjects has been antramelled by the limitations of hard facts,
the entries in the firm's books are to be con.
of the agreement into eomething which they
સા
or
counter claim.
On the application of Mr. Pollack, his Lord. ship granted a day of execution for three months to give the parties an opportunity of considering the matter.
CANTON.
(FXUM OUR CORRESPONDENT.]
December, 23rd.
OPIUM PILLS.
*
the ses to become niarine superintendent of the Glen Line. The office is one, usually allotted to a retired commander, and Captain Duke filled it with knowledge, phility, and success,
The text books deal entirely, so far as I can see, with mortgage to secure a loan; the talk is always about repayment of the principal sum,
We note in a London contemporary the and they go so far as to say that "ater
which, it is mortgage implies a loan",
following reference to the late Captain Dake of Then
the Glen Line-In the olden days the Chios tes clear, this mortgage does not.
trade was responsible for many a keen contest in the other mortgage terms with which we
sen speed, nad large sums of money were аге familiar
пот very appropriate
frequently dependent on ons gallant ship out- hore: the mortgagee's right is foreclosure
stripping another. Nowadays most of the He expressly declines to exercise it because the
THE MACAO BOUNDARY QUESTION. sentiment has gone out of the business, but there property has depreciated and he prefers to ans
Though a denial,has been issued in Lisbon to are not a few men, like Captain W. E. Duke, on the alleged agreement; though I am not
marine superintendent of the Glen Line, just the report that Cabinet has hurriedly ordered sure what he thinks be can do with the mort.
The Wai-wu-pu bas cabled to the Viceroy deceased, who led their business is teatro crnisers and two gonboats to proceed to gage, when and if he were to got his judgment in this notion and did not satisfy it by execution. that a dispatch has been received from the clippers, and followed the trade down to the days Macao because of forebodings of native troubles, The mortgagee's right is redemption; but British Minister in which it is stated that the whom steam was first used to get the new season's under the incitement of Chinese officials, it is what is the value of the equity of redemption if British Consul at Canton has reported to him teas to market. Captain Dake served his time in admitted that some naval reliefs are to be taken the claim against him is far in excess of the that there is a certain percentage of morphis, the well-known clippers Red Jackes and Belled out. I na informed that there is real anxiety value of the security P Again the personal in all the various kinds of pills sold in Canton Will, and he afterwards sailed in the clippers to Far Eastern affairs in Portugal, for it is sorenant in mortgages for loans is said to be for the ouring of the opium smoking habitship. Sir William Wallace. Thirty years ago he feared that the backwash of native unrest that implied and the security collateral, but this is The British Consul further said that upon joined the Glen Line, and was in command of has afflicted nearly every alien administration because there is in fact a lean, and the mortgage inquiries made he found that most of the shops some of its fastest steamships, racing hakie i sines the successes of the Japanese, will spread has been given as security for repayment. dealing in these pills have notices posted up the Glenagle against another quick-healed to Portuguese territory, and there is also an There is outside the ordinary mortgage the announcing that their pills have already been steamer, the Moyane, belonging to a competitive uneasy feeling that Chins is still nursing a firmu Fourteen years ago Captain Dake left grievance in that Portugal did not take a band fact that a loan has been given. "Every analyzed by the Government Medical Bureau
on the Chinese side in the Tatau Maru case- mortgage implies a loan; every loan a debt; and that the authorities have sanctioned the sale. were no covenant The Cousal reports that he purchased six pills
Not for the world would Portagal be mixed up and although there
of the from each shop and had them forwarded to the
in a fight just now that antailed heavy expense, personal estate bond the
for her chest is empty and the most strenuous borrower must remain liable to pay off, the Governor of Hongkong for analysis by the
offorts of the young king Manuel who is trying mortgage." (Coote page 10) which means Government analyst. The result of the analysis obriously the debt implied in the mortgage to proved that all the pills contained a certain per- Moro detailed new is now to hand respecting manfully enough-and his Ministers can not the Chiness junk. Whang-He, which, in her time make much impression on the indebtedness of secure the loan.' Now, is it possible to draw centage of morphin varying from gramme 1.37 to
the country. any aunlogy between this doctrine and the 17 gramme. The Governor of Hongkong had has been a pirate ship, but is now going about mortgage given to guarantee the performsnooremarked that, if the Chinese Officials allowed the world on more peaceful business. She was of a suretyship? It seems to me that it is here the male of such pills, it was hat changing the purchased in 1906 by an American syndicate sa that the plaintiff might possibly succeed. It method of consumption and not suppressing an exhibition ship and she sailed from Shanghai the use of opium, The Governor moreover said to California in 85 days. Apparently she did se sems to me just possible that the case of ez. parle Bishop, to which I referred in Chan Ki's that be was already aware that pills of this woll as an exhibition ship that it was considered ense might carry the plaintiff through; but this description have beon sanctioned by the Viray desirable to bring her round to the Eastern was not argued and I cannot myself devise the of Canton for sale in the market. The Wai- States. Although over a hundred years old, argument if there is one. I can only arpress wa-pe desires to know what are the actual she left San Francisco with a view of rounding
sensational murders, not counting smaller and such opinion on the analogy as occurs to me. I methods adopted by the Medical Bureau in Cape Horn, which, in the circumstances, was should be bound to hold that every such agree Canton for analyzing these pills. According to tolerably bold thing to attempt. Sometinless striking crimes, that have gone utterly un- ment as the one before me implies the existence the opiam regulations, doctors must be specially back the Whang-Ho pat in at Tahiti, in the gatved. The latest was the murder of a woman of a compradore: and that every compradore appointed in such province for the purpose of Society Islands, and eventually left there, with in Bloomsbury, in which case the police appear guarantees all his firm's losses with Chinese analyzing these pills which must contain neither Galveston as her destination. Nothing more to be sa fur from a solution as ever. customers; and that therefore an action lies to spiun dross nor marphia. The opinion of the was heard of her until, when she was 100 days defence they say that they have information recover these losss, that is, to enforce the surety- Wai-wa-pu is that the pills for caring opium ont from Tahiti, s message comes to hand that that convinces them as to the guilt of indivi- ship outside the mortgage. So we come back to smoking submitted by the dealers to the Govern- the junk has suddenly appeared at Thursday duals in various oases but the evidence that the point from which we started: I cannot atment Medical Bureau for analysis are not the Island. Thirty guineus had been paid on her would be sccepted in a court of law as justifying present assume without more that there are the same as those generally sold by them. The Wai- for re-insurance.
a conviction is lacking. Outside London the duties of the compradore. I cannot at present wa-putherefore suggests that the Viceroy should
situation is similar. The murderer of Mrs. say, otherwise than colloquially, that the send detective offloors to purchase pills from shops
Luard at Sevenoaks is still undiscovered, and Mr Bournemouth Cliff murder, in which Granville Alabastor, the secretary of the China Association, shone in the defence which led to the acquittal of the scrested soldier.
THE LONDON POLICE.
Though we like to hear from the lips of foreigners how impressed they are by the way in which our coustables more or stay the flood tide of London traffic with the motion of a mighty hand, we are getting a little approhen. sive about the detective qualities of our force, Within a very few years there have been ten
In their
BUSINESS OF THE CONGRESS.
1-To devise means to limit the nse of opium
be represented).
Z-To ascertain the best means of suppressing. the opium traffic, if such now exists, among the
3-To be in a position so that when the nationals of the Governments in the Far East. Commission meets in Shanghai the ropte sentatives of the various Powers may be prepared to co-operate and to offer, jointly or severally, definite suggestions of measures which the respective governments may adept, looking to the gradual suppression of opium cultivation, traffic and use within their Eastern possessions, thus assisting Chine in her
To this and Mr. Mackensie King who has press of eradicating the evil in the Erapire. been studying the growth of the opium habit in Canada, and Dr. Wright of the United States, will, for instance, have reports from the Eastern side of the Pacific, showing the evil to be extending its area of operations.
I hear that the Commission will last at least three months.
STRAITS DINNER,
1
BABY IN AGONY
FOR SIX MONTHS
Torturing Eczema Covered Head, face, Neck, and Arms-Parents were In Despair, Fearing His Death or Lifelong Suffering-Condition was Pitiful-Baffed Treatment,
CURED IN THREE DAYS
BY CUTICURA OINTMENT
"My little son's eczema started when he was seven weeks old, his head,
face, shoulders, neck, and arms guddenly be-
coming red and rough,
Just the way
1,000
hands turn if one dab-
bles in water a great deal. A doctor "jaw it was eczema, and did ble beet for alx months, without avail. The child's condition went from bad to worse, the affected parts be- coming one solid sore. He was a pitiable sight, crying nearly all the time and quite ar hausting himself in his efforts to allay his torturing skin by rubbing and scratch- ing. We were almost despairing, think- ing it meant either death or lifelong isering, but Cutloura Ointment was
at last applied, and within few hours Mrs. Cooper said she notices a change for the better. After three days' trent- ment it was quite apparent that a com- plete cure had been effected. In a week his skin was perfectly clear, Really, I should never have believed it if I had not seen it myself. This was two years ago and my child has. never had the slightest return of any skin irritation, and is now the perfect picture of health. I cannot too strongly express my gratitude for what the wonderful Cuticura has done for us.
I am only too pleased to show the child to any one who calls to verify this marvellous oure. William Cooper,, 240, Murchison Rd, Leyton, London, N. E., July 4, 1807"
Send to nearest depot for free Cuti- curs Book on Treatment of Skin Diseases.
Complete External and futernal Treatment for Byay Humour of Infants Chidrea, and Adults conslab of Castleurs Bool to Cleanss the Ukin, Cuth
■ Ointment to Heal the alto, and Cuticurs, Res o Purity the blood, A Amato Bet Ahen Cutes
throughout the world. Depot: London, 27, Charterhouse 84.; Paris, & Rus do in Pait; Ava, R. Town & Co South Africa Lopoon, Ltd. Cape Town India D. K. Pay), Calovite; U. 8. A. Pit Drug & Chezni. Corp., Bala
Bosto
48-17
CUPLE (Chocolate Costa)
and experience of those on the spot, who were best acquainted with the local necessition of the case, be the bargain us good as it was suggested or the reverse, Boaring in mind the admirable part played in the government of the Federate Malay States by the native rulers he was heartily in accord with the sentiment that everything that made for glosar union between those States and the Straits Settlements was for the advantage of both.
Opinn Commission shortly Shanghai."
to meet in
THE CHINA ASSOCIATION.
Complimentary references to the work of Sir John Anderson, Sir Frank Swettenham and THE SITUATION IN CHINA,,
Sir Cecil Clementi Smith, were made by Lord Dr. Henry Fowler, whose medical mission is Craws, who added in regard to the last named at Hiau Hau, is home on leave and this week that the Colonial Office is greatly indebted to has been speaking in Birmingham on the him for the fact that he is once more taking situation in China. He thinks the crisis will the burden of the East by serving on the up lead to the betterment of the country and Ea shed no thears at the bier of the Empress Dowager. The great trouble, in his opinion, is that the Chinese do not understand the
Sir Charles Dudgeon and Mr. C. Granville sequence of events and want to get at finality Alabaster were present at the Straite dinner before a beginning has been made. A least a representing, in their capacity of Chairınan and section of the Chinese wore domanding a position Secretary respectively, the China Arsociation the British nation had only won by stages. The Other old China hands present wore Sir Thomas cry was to-day of China for the Chinese, and Jackson, the former Chief Manager of the the missionaries feared that from the strife and Hongkong and Shanghai Bank, Mr. Willion restlessness would come changes for which the Keswick, M.P. (both looking wonderfully hale country was not ready. The Regent, he fears, and hearty) and Rear Admiral Sir J. R. Jellicoer will be limited in his powers by the reactionary looking none the worse for his dangerous wound minds, who will demand a return to the old state tions at Peking in 1900. It was pleasant to party around him, represented. by fossiliend at the abortive attempt to relieve the Lega- of things. Still, the Chinese people wanted to meet the son of an old friend like Sir Challoner Alabaster, who did 80 muck were many indications that China was turning at Canton and elsewhere in China to up- get in touch with Western things and thore
hold British prestige in the cenotry. It was her back on the past.
alse pleasant to hear from the Segretary that The Earl of Crewe, Colonial Secretary, was the the London Branch of the China Association chief guest on Wednesday night at the annual flourishes exceedingly, and I cannot help think- dinner of the Association of the Straits Sattle.ng the Association is fortunate in securing mente and the Federated Malay States at the the services of this rising young barrister.
The China Association is certainly a much Whitehall Rooms. Mr. W. H. Shelford pre sided and said though the past year in Singapore
larger because it was compared with the pro.least in one respect the Straits Settlement As- sperity to which they had been moonstoned.sociation scores. This is its respect to the length What was required was development in banking and quality of the speeches delivered at the and shipping channels, not in reckless gambling dinner. Not only was the toast list aborter, but in the direction of sound, commonsense but the specches, with one exception, were kopt within reasonable bounds, and an oppor commerce.
Mr. Hugh Fort in reply to the toast of prostunity was given to make the gathering what it perity to the Straits Settlements and Federated ought to be a reunion of old friends for the Malay States, regretted that the currency que chance of awakening memories of old times tion had not been settled. In regard to the when all were Far Eastern exile. opium restrictions he urged that when the report of the Opium Commission was received
There appears to be a likelihood of the anti- the health of the opium amcker should be considered and the provention of illicit sales of opium men here carrying on a good deal of morphis and cocnino enforced by law. Other agitation in the near future. Last night some wise there would be no improvement in the thirty of them conferred with Mr. Laillow, prior to the departare of the latter to the Far health of the poorer population.
Mr. A. H. Drew in proposing the health of Eart, and the hope was expressed that the opium the guests claimed distinction for the colony that traffic might be suppressed immediately in the all to suffragettes, and said the Chiness are to be addressed shortly to the Ministers in it had no peor, no unemployed and above Crown Colonies. To this end further questions
more useful and active body than the Straits
compradoro is surety for the firm's losses in their and have these analyzed by the Government of the Wang Ho an intention to defeat the nobody has been proved to be guilty of the was not a prosperous one the depression loome Settlements Association, which does next to
dealings with Chinese customers; that would be to beg the questions in issue, which are whether he is surety; if so, what is the extent of the suretyships? What are the obligations he has undertaken ? What are the remedies agreed to for enforcing these, obligations? The compra dere system is based upon express agreemont that is to say, agreements for undertake ing liability have been satored into between a European firm and a Chipose intermediary between them and the
THE STATE OF THE EXCHEQUER.
While the unemployment returns show that the past month brought a worse situation rather than a better one, and the percentage of she was driven towards the Australian coast, or unemployment is now 9.5 per cent, the worst tar whether, as is suggested, it was intended to take
many years, the troubles of the Chancellor of
Australian Customs officiale saw in the arriva Medical Bureau. They believe this to be the Immigration Act by the surreptitious landing only method of getting at the truth. The cable of a number of Chinese. But their suspicions ads that the Viceroy is aware that the suppres were soon disarmed. They found her in charge sion of opium smoking is a question which is of a white skipper and a white crew. The uppermost in the mind of the Governments captain's wife and a daughter were also on therefore it is the Viceroy's duty to seo that board. The clamey old craft hal, it appeared stringent measures are adopted and strict made an attempt to round Cape Horn, but had inquiries made in the matter. Should any the misfortune to break her rudder. Whether dealers fraudently beselling or evading the regn lations they should be severely punished. All Chinese customers, officials holding high and important positions and this intermediary has come to be are requested to see that the opium regulations oslled o compradore. Toat it this way--are are carried out to the letter. all compradores liable for losses caused by dealings with Chinese customers knows or unknown? I really don't know, and certainly cannot assume it. So the mortgage-here does not determine the extent of the liability, and by the agreement the defendant simply covenanta. to pay the liability under the mortgage; there fore the Eability is left in the air. If then, the
WEATHER REPORT.
The Hongkong Observatory yesterday issued the following report
On the 23rd at 12.05 p.m.--The barometer has risen considerably over China and pressure is again high along the Yangtzo valley.
the junk back home to Shanghai, is not quite the Exchequer are increasing, and I hear from clear. Anyhow, secording to last accounts, the junk and her crew were quite comfortable in Australian waters. Possibly the vessel may be taken into wome Australian port for exhibition purposes, and, after repairs, make another
attempt to reach Galveston, It is at least a tribute to the constrmation of this vessel that she should so far have moved in safety over some of the stormiest waters of the globe. It was said
The depression has probably reached E. that she might ultimately be brought to London, mining are not yet to hand.
no real work for the Southern Colony; hat at
ANTI-OPIUM CAMPAIGN.
Liberal source that the foaling is in political sirelos that £20,000,000 will have to be found in fresh taxation. Of this there is likely to be n a real deficit of £6,000,000. us between the estimated revenue and expenditure. Old Age Pensions will take £7,000,000, and the Navy and Education will swallow the rest.
How is this to be met? My Informant sug. gested that £6.000.000 loss will be paid into the Sinking Fund, taxation of ground values, a wealth, and increased charges for liquor licenses in the Straits as traders were amongst the in the country are to ventilate the subject.
Already the Rev. Arnold Foster of Han. (if the Lords throw out the Licensing Bill; most respected and worthy citizens.
Lord Crewe associated the depression 'in kow, speaking at Westminster in connection being left to fud the remainder. These are some of the "hen roosts" Mr. Lloyd George Malaya with the wave of slackness that was with a great Missionary campaign, beg con-afflicting the whole world, and said the condition charged the British with opposing Chinese has an envions eye on, and he is said to be one of things had been brought sheat by the sitio attempts to interfere with the importation of
agreement is ineffectual to charge the defendant Jopan, but the Japanese returns for this for exhibition purposes, but that expectation now graduated income tax or a surtax on great immigrants who came as labourers and stayed the House of Commces, and a number of meetings
with any actual or determined liability, and if there is no personal covenant in the mortgage, nor anything in the combined documents which can be construed into a personal covenant the only remedy which the plaintiff has is that which the mortgage gives him against the
Strong moonsoon may be expected in the seems a long way off realisation. Formosa Clunel and the N. part of the China
Sea
Hongkong rainfall for the 24 hours ending at 10a.m. to-day, 0.00 inches,
LATEST STEAMER MOVEMENTS.
property which he has taken as socurity; The forecast for the 24 hours ending at noon The NY.K. str. Takaruki Mara (Bombay
and therefore the proceeds of the property, to-day is as follows:- become the limit of the compradore's liability. Hongkong & Neighbourhood. What is so extraordinary to my mind is that.
security being intended to be taken for
Formosa Channel ........
the fulfilment of the obligations of the com-South coast of China between pradore, as surety of the Chinese customers, Hongkong and Lamocks. the liabilities which he is allowed to incur on the South coast of China between Hongkong and Hainan... supposed basis of the suretyship for exceed the
N. winds, fresh;
fair. N.E. winds, strong.
pected here on the 28th inst.
The Apear str. C. Apear from Calcutta left unscathed. He is perhaps peculiarly mited to ing more of people outside the ares affected pium, and has declared that no sooner have. Singapore on the 22nd inet. p.m., and may be the task, for his temporament and mental outfit than by local gambling. Passing to local condi-China's best officials taken stops in the provinces may be described as artful." But there will tious be said that as regards the Straits dook to put an end to the evil so sa to touch the expected here on or about the 29th just
found themselves pulled up on the ground that The P.M. str. Mongolia with the American be great opposition from the Balfourien expropriation by the Government, though that pockets of European traders than they have Same as No. 1. Mail from San Francisco of 1st inst., in addition side of the House next March for a certainty, was a bargain which had been ratified by s
to the usual ports of call, will call at Manila and with the ories of confiscation and Socialism previous Chancellor of the Exchequer, every they were violating either the British Treaty her arrival date in Hongkong will consequently efreely flung at the heads of a harassed Govern-
fort would be made to utilise the knowledge of Nanking of 1842, or the French Treaty of be delayed until the 4th prox.
N. winda strong.
ment.
Tientsin of 1858.