BANKS
THE CHARTERED BANK OF INDIA
AUSTRALIA AND CHINA
INCORPORATED BY ROYAL CHARTË:
HEAD OFFICE-LONDON.
1853,
PAID-UP CAPITAL
RESERVE FOND -
RESERVE LIABILITIES OF PROPRIE-
TORS........
£1,200,000 £1,575,000
£1,200,000
INTEREST allowed on Current Account at the rate of 2 por cont. per annum on the Daily balatices.
On Fixed Deposits for 12 months 4 per cent. for 6 for 3
5
WM' DICKSON, Mainger. Hongkong, 6th April, 1909, [121
【TEDERLANDSCH-INDISCHB HANDELSBANK. (NETHERLANDS INDIA COMMERICAL BANK).
ESTABLISHED 1853.
Authorised Capital F. 15,000,000 (£1,250,000 Babaeribed Capital F. 10,000,000 (Paid up) Reserve Fund Fl. 2,200,517,37 (£183,376
HEAD OFFICE: AMSTERDAM. HEAD AGENCY: BATAVIA,
LONDON BANKERS
THE WILLIAMS DRA
SWIGH BANKEDIN,
BRANCHES AND AGENTS all over the
World.
THE BANK transacts every description of Banking and Exchange busness, receives money in Current Account at the rate of 2 per cent. per anuum on Daily balances and nocepts Fixed'} Deposits at the following rates:
12 months 4% for annum.
6
do.
3 do.
.
do. do.
C. WOLDRINGH, Manager,
No. 16, Des Voeur Road Central. Hongkong, 3:4 November, 1908. **
IN
[25
NTERNATIONAL BANKING
COR
(ORPORATLON.
CAPITAL PAID UP
RESBEVE FUND
Gold $3,250,000, about ex. $7.222.222 ...Gold 83,050,000 about Mex. 37,222,222
HEAD OFFICm : 60 Wall Street, New York, LONDON OFFICE: Threadneedis House, E.C.
LONDON BANKEES :
BANK OF ExGTAND."
LIMITED,
NATIONAL PROVINCIAL BANK OF ENGLAND
BRANCHES and AGEars all over the World.
BANKS
YEDERLANDSCHE HANDEL.
NEDE
MAATSCHAPPIJ, (NETHERLANDS TRADING SOCIETY) ESTABLISHED 1824.
THE HONGKONG DAILY PRESS, TUESDAY, APRIL 6TH, 1909.
SHIPPING INDUSTRY.
LORD LONDONDEBEY ON TRADE. The Duke of Northumberland, presiding at the annual meeting in Newcastle, of the North of England Steamship Owners Association, said the repert was not altogether of cheerful charactor. With regard to the Minorz Eight AID UP CAPITAL FL. 45,000,000 (£3,750,000) Hours and the Port of London Bills, they tried RESERTE FUXD Ft: 6,752,884,84
unsuccessfully to amend them. He hoped they (about £479,407 would work better than they expected glad
better than some of them foored. He HEAD-OFFICE : AMSTERDAM.
to see that the question of nautica cookery was HEAD-AGENDE ' BATAVIA
baing pressed to the front. It gave but to the him great Branches-Singapore, Penang, Shanghai, pleasure some mor Worth Shields, and, he was Rangoon, Samarang, Soarabaya, Cheribon, cookery s Tegn Pecalongan, Fasourceas, Tilatan marok with what he saw there. He ate a Padang, Medan (Dəli)
good many of the things cooked, and he thought
די
恬
10 sorted
to
Radja, (Acheen) Fandierombang, Kota them all very good. He saw a marrallous. Correspondents at Маспазак, Bombay, dish, or rather a soup, which was supposed Colombo, Madras, Pondicherry, Calcutta, to have been made out of nothing
supposed it would be Bangkok, Saigon, Haiphong, Hanoi, Amoy when provisions ran low Far all that, the soup Yokohama, Kobe, Melbourne, Sydney, New was made from lard or fat, and although be con- York, Ban Francisco, &o., ko.
fessed that he would not recommend it as a LONDON BANKERS →→.
permanent item filet, he thought it was a dish THE UNION OF LONDON AND SMITEE BANK, to be by no means despised, even when one was
LIMITED
well fed. In an energency it must prove valuable food. He was glad to hear that the lotion Bills of Excha The Bank buys and selly and of Education was considering the giving of a grant to the school. He wished some of credit on its Branchez
the money which was spent so lavishly by the the East, on the
Board of Education might be spent on such a Britain, Ama
good object as that he had mentioned. He felt Bam
sare a good deal of the money was wasted, whore- as anything that was spent on the school of cookery would be well deserved and well employed.
17
osts in in Great ia, and transacts Vashed dry description. PISEST ALLOWED. rant Account 2 per annan on daily balances.
On Fixed Deposits 12 months 41% per annum.
do. 6 do 4% do, do.
3 do 37% do. J. L. VAN HOUTEN, Agent, Hongkong, 16th July, 1908.
[25
HMANKING CORPORATION THONGKONG AND SHANGHAI
PAID-UP CAPITAL RESERVE FUNDS
STEELING
SILVER
$15,000,000
£1,600,000 at 2/$15,000,000
$14,500,000
$29,000,000 RESERVE LIABILITY OF PROP'TORS $15,000,000
COURT OF DIRECTORA.
Hon. Mr. W. J. Gazasʊs-Chaleman. E. E. TOMKING, Esq.-Deputy Chairman, B. G. Barrett, Esq.
E. Skellim, Esq. G. Friesland, Esq.
C. 8. Gabbay, Esq.
W. Helms, Esq. C. B. Lenzmann, Eng
R. Shewan, Esq. H. A. Sieb, Ex. Hon, Mr. H.A. W. Slade
CHIEF MANAGER: Hongkong J. R. M. SMITH.
MANAGER: Shanghai-W.ADAMI OBAM.
BANKING COMPANY, LIMITED,
HONGKONG-INTEREST ALLOWED. On Carront Account at the rate of Two par seat per Annum on the daily balance.
any trouble in getting the Chinaman te bay. I He is at a spacalatire turn of mind and the difficulty is to get him to restrain his ardour in ordering. If the import firms, instead of merely trying to effect large sales, were to study their imports more and advise their wholesale dealers when and what to buy, wo ahould hear loss of the difficulty of obtaining money from t wholesale people than we do at stake Old established cars into out-throat compati have on the other hand is it to be expected that they will rise to the assistance of their competitors when they are hard hit as is the year, but there was a profit for any firm working case at the present time. Last your was a bad on right and proper fines.
DISCIPLINE ON BOARD SHIP.
annual report of the Imperial Merchant Servico Wo make the following extract from the
Guild
The above heading may be accepted as some- what paradoxical, inasmuch as, in reality, indiscipline in the Mercantile Marina is the ral rather than the exception." It is not so very long ago that Mr. Lloyd George, when Prasid out of the Board of Trade, referred to the Lact that there had been twenty-seven thousand decortions from British alipe in a year. Accord ing to recent official statletion, the failures to join for one year numbered some fourteen thousand.
PRENTUM
PBONES
WE are the largest Dealers in the world in these attractive
WHAT ARE THESE BONDS?
They are high-class and absolutely safe securities, payable to bearer, the various Governments and Municipalities of Europe; they are refossible? periodical drawings, either with Cash Premiums varylog from 240 to 240,085, of, at the very least, at their full nominal value. EASY PAYMENTS.
We sell these Bends singly or in combinations of the most advantageous ones, payable by convenient Monthly Instalments ranging from 15s. to £20. Write for Handbook, seat post free.
MELVILLE, GLYN & Co., Hankere, 3, Eué de la Bourse, PARIS (France).
LONDON'S SIZE.
Speaking at the Surveyors Institution, Westminster, on "Giant London," Mr. J. G, I Hood traced the rise of the Metropolis from a collection of mud huts to the greatest aggregate from a village of one acre to a city covering of buildings the world has has ever known; 117 square miles from the dwelling place of an obscure tribe to the home of 5,000,000 of men and women; and froin a fen surrounded hill of no money ralue to a landed property conting its value by hundreds of millions.
He took the present administrative county
London," and anmmed it up thus
F
Parom constant reports to head HISTORY OF ITS MARVELLOUS DEVELOPMENT. DO quarters, things appear to be getting worse instead of better, and the license and latitude which seamen and fromen in British ships Tho Marquis of Londonderry was chief guest are able to enjoy (?) are of serious moment at the banquet in the evening. He remarked that to the interests of shipowners, those in be had always believed in combinations whether of of life at sea, and lastly-one principle
authority
on British ships, to the safety mastera or of moN. He believed that by such combinations many source of fritation were that the Mercantile Maxine i indispens. removed and strikes avoided. Ha regretted able for the welfare of the country to the It is undeniable that many that among some trade unions there was a dis- State itself. position to ignore their leaders advice. Deli- of those commanding and officering British ente questions could not be satisfactorily settled ships, more especially those not engaged in re unless there was complete confience on both gular trades, are prejudiced in favour of sides between the leaders and those whom they employing aliens, on the simple ground that represented. For no reason did be regret the they are more temperate and more amenable passing of the Eight Hours Bill more than to discipline than Britishers. But time and because their highly-organised no delicate experience seems to point to the fact that alien
in Northumberland and Durhom, which samen and tremen are becoming system was built up by co-operation between the masters more demoralized and inured to the weaknesses and the men, wae overthrown and they had majority of them now understand fully, not
and vices of our own countrymer, The virtually to begin again. He trusted that that only what protection they have in law, but great process would be attended by no untoward event which would materfally affect the Interests and how desperately weak and futile are the welfare of the shipping on the North-East Coast. for the preservation of dissipline, lave and powers reposed In their superior officere order. This is based on extensive Informs tion supplied direct by those who are the most competent to judge.
He could not congratulate them on a prosperous year. On the contrary, he believed that every available berth had been occupied by laid shipping. This had naturally had a very serions effect on witer trades; for the unemployed. in one industry naturally made unemployment in others
THE CHINESE BEMEDY,
more and
as
Ares, 117 square miles.
Railway stationn, 329.
Miles of steeta, 21.34.
Houses, 632,591, or equal to 33 Brightons. London's population was 125,000 at the time
of the Tudors, and now it is 5,000,000. In Georgian London there were 1,000.000 persons but the greatest dove lopment took plan in the the covering of the whole of the northern zineteenth century. Victorian London witnessed
portions of Marylebone, St. John's Wood, Camden and Kentish Towns, Clerkenwell, and Hackney; to the west Paddington, Bayswater, Notting Hill, Pimlico, and Chelsea; to the east south-Greenwich, Lambeth, Peckham, Cam
Limehours, and Poplar, and to Steppey, beroulation Theresed krall: 1.800.000 in 1861 to
Stockwell,
The
mixed miles.
BISU IN VALUES.
the
A new romady for the purpose of counter the Zondonderry believed there ware many more fares. This is the employment of Chinese acting the evil, appears to be finding more and shipowners who asked to be allowed to work out crews, and say ship-mers have expressed their own salvation. They thought that there opinions preferring them to Britishere, for the 4,000,000 in 1907, and now London has passed the was a dangerous tendency to legielate for ground that they are much more docile, quiet and has overflowed the urban districts, as far as emple boundaries of the Administrativo county, everyone and everything upon the slightest and steady. But it is just a question whether Brentford Finchley, Tottenham, Barking, and provocation. Well might they rejoice at the this now remedy may not prove far worse Richmond-the urban districts alone having a THE CAPITAL & COUNTIES BANK, LIMITED LONDON BANKERS--LONDON AND COUNTY statement recently made by Mr. Enneĭman at than the disease. Granted that Chinese erowopulation of 1,500,000 and an sros of 100 square
the Chamber of Shipping, that the Government have, for the time being, been an improvement did not a* prosent propose any more shipping on either British, or foreign, or legislation. The went of trade and employment erewe, there was due, his lordship thought, to a great extent fgares which show that John: Chinaman" is are convinning facts and· to want of confidence. It was only when there was by no means the embodiment of virtue, and that security and confidence that encouragement was he may develop into a very dangerous perzen on given to lay out capital and develop the resources board ship. He seems to be rapidly acquiring of the country, and by so doing to promote em the worst qualities of his predecessors, and, ployment. In the last century it was due to the having started in this way, there is no knowing outlay of capital of private individuals that there to what length he may go as time goes on. The ware great developments, great inventions, and the case, for instance, of the stranding of the great disc weries which benefited the country Yak Sung, the Court found that the Chinese (Chinese), bours and railways, telegraphs and tolophones who was in charge of one of the bonte, in all resulted from private enterprise, and were all of orders to the contrary, insisted upon attempt more or less discovered and improved during ing to laud on the rocks, with the result that the past ontury Was it not possible to Bay his boat was swamped, and evidence seems clear that the present century might elto bring its that the unfortunate loss of life which centred discoveries and inventions as great as those of was entirely due to the panic which prevailed only be done by encouraging capital to be spent as the part?
suoh were
to be the case it cold Another case, which may be taken, merely a sample was that of the prosecution in the country, and that could only be done by of seventeen Chinese Bremen forming part restoring the confidence of those who desired of the
the steamer
*
#
19
The Corporation transacts every description" of Banking and Exchange basinem, receives money. Current Account at the Rate of 2 per cent. per annum on Daily balanoss and accepts Fixed Deposits at the following rates : For 12 months 43 per cent per annum. For 6 For 3
No. 9, Queen's Road, Central, Hongkong.
W. M. ANDERSON, Hongkong, 8th April, 1908.
1229
T
THE MERCANTILE BANK OF INDIA, LIMITED. ANLAMA
AUTHORISED CAPITAL
SUBSCRIBED
PAID-UP
BESERVE FUND
BANNERS:
Manager.
£1,500,000 1,125,000 562,000 210,000
LONDON JOINT STOOK BANK, LIMITED.
INTEREST allowed on Currant Accounta
at the rate of 2 per cent. per annum on the Daily balance.
ON FIXED DEPOSITS:
For 12 months...
For 6
For 3
4 per cent.
3 per cent.
2 per cent.
EVAN ORMISTON,
Manager, v
L
Hongkong, 23rd April 1906.
-THE
LIMITED.
[23
"OKOHAMA ŠPECIE BANK
ΤΟΚΟΝΑ
CAPITAL PAID-UP....... Ten 24,000,000 RESERVE FUND
Tokyo
15,500,000
HEAD OFFICE—YOKOHAMA,
BRANCHES AND AGENCIES.
Nagasaki
Kobe
London
New York. Bazi Francisco
-Bombay Shanghai
Chefoo
Tientsin
Newolwang Dalay
Antang Tieling
Laoyang Chiang Chun
Osaks
Lyala Hankow Peking Port Arthur Mulden
HONGKONG INTEREST ALLOWED.
On Current Acosant at the rate of 2 per cent per annum on the daily balance. On fixed deposits for 12 months 5% per annum
6
Z
4%
3% TAKEO
TAKAMICHI, Manager. Hongkong, 12th September, 1908. [455
THE BANK OF TAIWAN, LIMITED,
(INCORPORATED BY SPZÜLAL IMPERIAL
CHALTER).
Capital Subscribed (paid up). Ten 5,000,000 Yen 1,320,000
Reserve: Fund
HEAD OFFICE:- TAIFER, FormOBA..
BRANCHES AND AGENCIES:
Koba
Tainan
Amoy
Anping
Foochow
Keelung
Smatow
Nagasaki Tamaul Osaka Tokyo
Shanghai Yokohama
HONGKONG OFFICE:
3, DEG VOUS ROAD,
Interest allowed on Current Accounts
Deposits received on torms which may be had
on application. - D. TOHDÓW,
Hongkong, 11th March, 1909.
Manager.
[1518
ON FIXED DEPOSITH, For 3 months 21 per cent, per Annum. For 6 months, 34 per cent, per Annum. For 12 months, 4 per sent, per Ännum.
J. R. M. SMITH, Chief Manager, Hongkong, 22nd February, 1909.
HONGKONG SAVINGS BANK,
(20
HE Business of the above Bank
T conducted by the HONGKONG AND
BANKING CORPORA SHANGHAI TION. Balas may be obtained on application INTEREST on deposits is allowed at 3 per cont. per annum,
Depositors may trasfer at their option balanbe $100 or more to the HONGKONG AND
H
Crew of
so has the value. Six horseshoes were paid in
But, said Mr. Head, if the area has increased, the reign of Edward I., and are still paid by, the corporation, for a piece of land nour the Low Courts, yet the present value is three or four pounds a square foot. Since 1339 the ratesble year to £5,000,000 a year, or 403 times as much. value of London has increased from. 412,000:
1771 the rateable value was: £457.701; in 1871, £2,186, 497; and in 1907, £5,373,276.
In Old Broad-street, 63 years ago, & property was let at £300 s year, and to day it is let ut £3000 a year. Between 1860 and 1200 the price of freehold land near the Bank of England rose from £15 & square foot to £70 & square foot
However, experience had taught us that the anward climb of values was not continuous
There were depressions, added the speaker, and Clam we were in cne of those depressions now. In cases the saleable value of property was ny
SHANGHAI BANK to be placed on FIXED), konsstly to benefit and promote the prosperity These men, in the first place, were gul 20, or even 30, per cent, less in London to-day} DEPOST-st 4 per cent, per annum pe and welfare of the country.
For the HonGKING AND Rhanoman | |-
BANKING CORPORATION.k
J. R. M. SMITH,
Chiof Manager. Hongkong, 12th January, 1907. 21
EUTSCH ASIATISCHE BANK. DEUTSCH CAPITAL FULLY PAID UP...Bh. Taels 7,500,000 HEAD OFFICE SHANGHAL BOARD OF DIRECTORS, BERLIÉ,
BRANCHES Berlin, Hamburg, Calcutta, Hanker, Tientsin, Peking, Teimanfa, Tsingtan, Kobe, Yokohama, Singapore.
Founded by the following Banks and Bankers KOENIGLICHE SERHANDLUNG (PREUSSISCËN Staatsbank) Berlin.
Direction der Disconto-"
GESELLSCHAFT
Deutsche Bank
8. BLEICHROEDER Berliner HANDELS..
·GBOELLACHAPT
·BANK FUER HANDEL UND
INDUSTRIE Sandi ROBERT WARSCHAUER & CO. MENDELSSOH & Co.
Berlin.
M. A. TO BOTHSCHILD & FACOR S. H. STERS.
Frankfurt a M. NORDDEUTSCHE BANK IN HAMBURG, Hamburg. SAL. OPPENHEIM, FR, & Co., Koeln. BATERIBOHR HYPOTHEKEN. UND WECHEEL
BANK, MUENCHEN.
LONDON BANKERS: Messrs. N. M. ROTHSCHILD & Box! THE UNION OF LONDON AND SMITH'S BANE, LIMITED.
DEDINCHE BANK (BERLIN), LONDON AGENCY
DIRECTION DER DISCONTO GESELLSCHAFT.
a
to
of mutinous conduct and refused duty. It also appeared that they armed themselves than in 1900. In 1901, 16,000 houses were with knives and other woupons and pulled ashore, empty in London; in 1907, the number had The result of the prosecution was that each max risen to 41 600; and last year, in the spring, it got one month's imprisonment.
exceedent 50,000. He did not mean to imply, HOUSE OF COMMONS AND CHINESE SEAMEN. however, that London had reached the apex of
An important disonasian took place upon this its value. La subject in the House of Commons, on the motion of Mr Fenwick, M.P. Thin motion was as follown:-
“That, in the opinion of this House, the conditions under which Chinese seamen are employed on British vosale at ports in the United Kingdom call for an immediate in vestigation by a Select ommittee of this House, with a view to determining whether the provisions of the Merchant Shipping Act, 1906, are suficient, to enable the Board of Trade to prevent abusis arising out of the employment of Chinges in the British Mor- The members of the House who took part in
cantils Marine, ES debate were Sir Hudson Kearley, M.P., the then Parliamentary Sewretary to the Board of Trade, Mr. J. Havelock Wilson, M‚P., Mr. Austin Taylor, M.P., R. P. Houston, M.P.. Mr. W. W. Rutherford, M.P., and Mr. R. D. Holt, M.P. The motion war subsequently withdrawn, though we understand that Mr. Winston Churchill has been giving some special study to the question.
What is to be the future of London? Haro we reached the limit of size which can he ne quately controlled under one direction, or is London becoming too unwieldy? Are the economic and commercial causes which mode values rise still in operation, or have they spent their force? Is prosent depression merely the trough of a regularly recurring wave of pre- sperity, or does it marx the ebbing of the tide These are momentous questions, which give na pause,
THE PORTUGUESE PARLIAMENT.
[251
YOU THIS MAN?
KNOW
Ural by thots we have multed him to be greatly gifted and desire one iffe with waterfalubrity, To introduce
in
મન માં ના
tur deveni ho WILL END of blast.
Itu
who hav Already wikien kay ke might have ROW 1 All their tires, as surprizlogl chrest was he
The Oraphie 15 dunare Boling, short of
mikislam
The "Cort Jetmal"
flas remarkable paychiq
AR KITED Some Kitoushion resalta
Kende, the pre
*
has written foll, aging Yog lactofled me wish your aced.
harg
peter latinmund
people have a ton of your
• Take t
Tight
by rubbing t ink ore pe un piech al white . Bend this to hi with your birth and Ber
DO IT NOW. YOU WILL BE AMAZED
Hin addrona is-
Professor KENDAL, 69, Bogent St., London.
MARTIN'S
{420
SAPIOL&STEEL Vation PILLS
# prinak. Manody toe sil Treignigansion Threade Ladise keep a basof Marie's Pila ke the bermay be that on SA DAN Migs of any Larugularity of the System a malý suka mg ka
PROMISE
AND FULFILMENT.
-There is an old axiom to the effect that pilyat (avorybody says must be tros. Coctainly it is gonorelly daže to follow the crowd. Its inútilei, ki usually right, and La tha 'musttee of common ailments you may profitably pay hoed toʻthe opinion of the majority which in times ofʻulcks pata its faith in the officacy of Boeckman's PINK. – Nor has that trust Bean misplaced.. An annuslaats of 4,000,000 boxes proves the waiversality of the belief in the valuješ
BEECHAMS PILLS
при
Many preparations, mistalled remedion, claim Impossibilities. They could not reasonably make good much ""that" la claimed for them.. No exaggerated stitoi Reput Torward respecting Boschen's Phila. The sinady demand for them-year üffer your-prores that these who have need of them have found that they wrought those cures that they are -announced to affect. No other medielas Is se generally mad uniformly successful ka giving strength to the stomach-correct- log the digestive syskon, and regulating the liver, kidneya;"und bowels, and the use of Beechamy's Pitis will prove to your perfect satisfaction that they
MAKE GOOD EVERY CLAIM.
THE STATE OF TRADE.
MEETING OF BANGKOK IMPORT FIEMS. A meating of the Import firms at Bangkok has been called with a view to arriving at some agreement to protect the common interests of the importers. The Bangkok, Timas, publishes the following statement as fairly conveying the opinion of a number of important firm
It is proposed to limit the length of credit given to wholesale dealers. Now the length of credit given is already generally understood be three months, with an extra month for Bat now firms, nusccustomed to the conditions of local trade, wad from a desire to get business, hare not only sold goods at slightly over cost, without showing & ressonale margin. of profit, bat in order to attract custom have given credit to the extent of eight months. There is no guarantee possible that, if they do agree to adopt a system of three, or four, or five, or six months' rodit, the individual import firms are going to stick to it. It is well known in the trade that bertain import houses, not only sell to wholesale traders, but themselves have shops in Sampong which are working under a Chinese chop with a Chinese Maunger, and working in divest competition with the whole- A long epistolary controversy on the subject ships remain firm. The visit to Villavicons of sale man whom these importers supply. While also figured in the columns of the Shipping King Alfonso XIII, my friend, was that of a these firms may abide by the length of Gazette, the two principal contestants engaged brother, and was not invested with any political credit agreed upon by the general body-in it being that well-known nautical writer character or special significance. At the same AR SUPPLIED TO THE HOUSE OF through a chamber of commerce or impofters Mr. William Allingham, as against Chinese, and time it furnished me with an agreeable proof of association- in the case of their wholesale Mr. W. H. Raeburn, a shipowner, in favour customers, yet through their Chinese shops they of them; and letters from other correspondente, may be giving credit in excess of that sentioned, including the Secretary of the Guild, as The result to the regular firms, trading on sound appeared. The result of the agitation amounted business lines, in loyally keeping the compact to practically nit though whether things will arrived at is very easily seen.
still be alowed to drift along the position becoming worso and worse all the time, remains to be seen. But whether the foesties of
A DRASTIC BEMEDY.
SPEECH FROM THE THRONE. King Manuel opened Parliament at Lisbon, on March 1 in person with the usual ceremony. His Majesty read the Speech from the Throne, explaining the political situation at home and abroad, and setting forth the proposals and intentions of the Government. He sid
“Our traditional alliance and ancient friend-
the friendship between the two Thrones and and the two countries. I am happy to recall the cordiality of our relations with the sister nation. On the occasion of the first anniversary of my birthday since I ascended the Throne, Spain dis- patched a warship to Oporto. Great Britain, an relatione are cordial, espacially with the German millied nation, did likewise. With other Fewers
OUT
The truth is thers is a more important factor-itish skips are filled with Chinoso or with Empire, with which proofs of mutual esteem
the
in producing the present depression than an excessive length of credit, and that is the aliens, whose nativity is nearer home, it is patent or exchanged daring the negotiation number of importers. The past year has been that the position is deplorable, and a disgrace to Treaty of Commerce. The terrible dianster at a bad one, and in the best interests of the British fag. Evan, a pasaal reference to Messing and Reggio, by which Italy was stricken, the import trade and of the market ger.- the disciplinary regulations which prevail in aroused in Portugal a wave of sympathy towards INTEREST allowed on Current Account, erally another very bad year would le a the Mercantile Marines of other comtries will Italy I associate myself with the sorrow of
to
bound by ties which I
of blood and DEPOSITS socived on terms which may be most wholesome thing. Its effect would be show how looking ours are in this respect. The Italy, t
friendship." learned on application. Every description of largely on promissory notes and not on capital, Officers desire their hands strengthened for the country. His Majesty said: "1 note with that a number of mushroom firms, which exist presumption seeds to be that Shipmasters, and
With reference to the internal life of the would go to the wall. With the elimination of purpose of exercising tyranny and oppression. A. KOEHN,
the weaker firms, those which had weathered the Thie, on the face of it, is ridiculous. The pleasure the complete public traquility that storm and were financially stable could then meet very fact that an ample deterrent exists against the Throne: Continuing, the King referred to prevails, and the solid devotion which surrontes together and arrive at some working agreement insubordination is a proventive without punitive which would be observed. The prosent outory means being enforced. The Royal Navy affords to the triumphant success of his tone in the is due to the fact that a number of firmus are ample proof of this platitudo. The discipline north of Fortngil, and proceeded to enumerate being pinched for money, and now they seek and contentment which prevails in the sister the Bills which will be sammitted to Parliament protection. There is hulle reason why firms service is, perhaps, unique, and it is due entirely by the various Ministers of State. that have conducted their business on sound to the stem and severe way in which refractory
Banking and exchange business transacted.
Manager.
Hongkong, 4th December, 1907.
NOW READY
THE
D
IRECTORY AND`
POR 1909
[24
VERONICLE lines, not seeking to effect sales unless they conduct is dealt with protagonist of searmen
Even that well-known
How To BE BEAUTIFUL-Keep your com- knew the money was there to pay for the goods purchased, should now seek by combination with and firemen, Mr. J. Havelock Wilson, M.P. plexion, Ms. Ellen's Crema Charmante, Init other firms to bolster up their weaker brethren, has publicly declared that: There is certainlyCharmant and Special Skin Tonio and Pondre Copies may be obtained at the "Horaxosa who in the days of prosperity had no hesitation much room for improvement, beta with regard Charmant will enable you to do it. Her DAILY PRESS Offener from Booksellers in cutting prices and carrying on business on ta discipline and other matters in the Mercantile Specialities for the Skin are the study of s throughout the Far East.
absolutely spposed to the bost Marine, end I believe it is possible to alter the iletime. A. S. Watson & Co. Ltd. Sele Agent 1252 traditions of the import trade. There is never present unsatisfactory state of affairs."
lines
Bellevarpuneri de horas, price Bid., 1/T) & 29,
LORDS, AND HOUSE OF COMMONS.
THORNE'S
PER CASE
OLD VAT
316
815
ŠTĚL VAT WAS STAWNED BY THE LATE NOBENY THORNY OF GELENOCK AND HAS BEEN SOLD AS MU SINEK HUMA
SCOTCH WHISKY.
BOLT AGENTS ON
781
HONG KONG, CHINA & MANILLA.
A.S. WATSON & CO.LTD.