CORRESPONDENCE.

THE COST OF THE RAILWAY.

TO THE EDITOR OF THE HONGKONG "DAILY PRESS "ASS

B-"From the tax-payers point of view" do you not under-state the financial aspect of the railway in your leading article to-day P

As I understand the position, it is, short ty. this: Three year ago the Legis- lative Council sanctioned a loan for railway works up to £2,000,000. The Govern- ment thereupon obtained from the Crown Agents a loan of £1,100,000 at 34 per cent. which they

loat to the Chinese authorities at 4 per cent. for

the purpose of redeeming the concession of the

Canton-Hankow railway, the loan to be ropay.

able in ten annual instalments.

The payments made by the Chinese authorities on this account are being devoted to financing the construction of our own milway, which is to cost not less than-probably considerably more than-£1,000,000. Now, our railway will be open to traffic next May or June, and will, I

take it, be entirely completed by the oil of 1911, that will be, say, five years from the time it was comruenced.

If, thon, the railway coste over a million sterling, and the Chinese authorities have paid back in the time only half that sums, it follows that the Colonial Government will have had to obtain from the Crown Agents a further advance of half a million pounds storling; so that in 1911 this Colony will have a railway loan of £1,500,000, ou which we shall have to pay 32 por cont. By that time, we shall be receiving interest from the Chinese authorities or half a million only (roughly), and the Colony in 1911 will have to provide for paying to the Crown Agents Interest at 34 per cent, on a million pounds sterling, i.e. $350,000 out of a rapidly declining

revenue..

Is not that the position - Yours &c.

TAXPAYER.

RAILWAY DEVELOPMENT

IN CHINA.

PAPER BY ME. A. J. BARRY.

From our London Correspondent),

An important paper on "Failway Develop ment in China" was read on Wednesday evening (May 19) at the Royal Society of Arts by Mr. Arthur John Barry M.LC,E. The occasion was the twentieth ordinary meeting, and the chair was taken by Sir John Wolle Barry K.C.B., F.1.8. Vice-President of the Society. Thare was a good attendance,

First, the Russian railway, called the Eastern Chinese Railway, from the station on the Biberian railway called Manchoarie, through [We think our correspondent correctly states Tsitsihar and Harbin to Vladivostock, with a the position-Ep.)

branch from Harbin to Tingkow, Port Arthur,

SUPREME COURT.

Friday, 11th June.

IN SUMMARY JEERDICTION.

BEFORE MR. H. H. J. GoMPERTZ (PUISNE JUDGE).

Bedak digo mov

A RETURNED CUMBHAW.

and Talienwan.

THE HONGKONG DAILY PRESS. SATURDAY, JUNE, 19TH, 1909.

director, who is to certify for what the money is required. The bond-holders have the right to send a representative to examine the Chinese accounts at intervals.

Mr. Barry then dealt with the present com plicated state of affairs and said i—80 far as the bondholder is concerned, inasmuch as the Chinese Government have guaranteed his in torest whether the railway pays or not, it does not perhaps much matter whether the money tont is being wasted, except that it is pretty

of the Board should be published. In time I think a Board so constituted would be able to raise loans on its general revenues, and pay off the varions loans for the service of which the revenues of different existing railways are now hypothecated. To begin with, the Board ought to be able to show as revenue the surplus earnings of the Imperial railway of North China and of the Pekin-Hankow line, which (from informs tion from the Chinese sources, so far as the lattor railway is concerned) amount, when taken

together, to about £300,000..

D

interest and yet she would not give the railways as security. One speaker had roforrød to giving Chins plenty of rope, bat that plan carried with it long delay. For his part he thought they had taken the better course in coming to some sort of understanding" by which in fature. adequate guarantees would be given for the proper employment of the money. That was a great step in advance and helped to mitigato tho pessimistic view taken by some. In itself it was a happly augury for the future. Regard. ing the difficulty in getting money from the Chinese they exported high interest because the. guarantee was bad. As the security improved the rate of interest would pro tanto diminish. While they wished help to China to enter into her inheritance, he thought the best way was to start with a strong loaves of European officials, Like the Customs, and the coming generation would be trained accordingly.

Mr. J. W. JAMESON referring to the great railway development after the Japanese war expressed the opinion that Mesars. Jardine Mathieson and Company, if they had been more. energetic at the time, could have obtained the Pékin-Hankow concession instead of the Bel- gigns. A new spirit had sprung up lately and he looked with considerable apprehension to what was going to happen. It behoved them all to watch developments carefully: The Chirissn had a good many years of difficulty shond of them, and he doubted whether any of the rail. ways, with the exception of the Northern ene, wore paying.

certain that if the Chinese Government ware to become responsible for many more railways of The CHAIRMAN observed that in listening to this kind they will find themselves unable to the lecturer-who was his nephew with whom In the couras of a lengthy and interesting Pay: I think, however, there is little doubt he had been associated in much of his Chinese paper Mr BARRY said:-During the last ten that the Chinese shareholders in the lord comwork, he thought they would recognise that years I have been closely connected with railway panies may make up their minds to it that they they had been listening to a man who knew his development in China, and, visiting the country have lost their money; in fact, I believe that subject very throughly. It was a matter of as I do at aliort intervals, I may claim to bave had many of them have made up their minds to this great satisfaction to that Society that Mr. favourable opportunities of watching the recent

already.

Barry had been able to come there and give them changes in the attitude of the Chinese towards

The Chinese Government suffer. mcat from a general and detailed view of the great subjaol

COLOFEL PEMBERTON, R.E, who has recently railways. It has appeared to me that, from a

this unfortunate state of affairs--not only is of railway communication in China. They returnedl after a visit of some months in Chins, frame of mind which led them to regard rail-menoy for which they are responsible being must all recognise that this was one of the most expressed the opinion that it was hardly likely ways rather as a regrettable necessity, especially wanted, but the principle of State ownership for important matters, which lay before them in the for some years to come that the Chinese Govern regrettable inasmuch as a measure of foreign all railways, so necessary for the best interests future. Before them was the question of ment would look favourably upon the efforts of assistance and control was neccessary, the of China, is being violated; and lastly, but vory the opening up of Chim to modern and other countries to secure control over her lines Chinese have gradually come to realise that the far from least, the Chinese Government have western ideas in a way in which the rail that were being built by foreign capital. development of their railway system is a matter been forced by uninformed and irresponsible way alone could affect that purpose. It Personally be thought that the railways would of prime importance to their country.

provincial clamour into the position of having opened up to many of them

be built, more quickly than many Europeans am almost After dealing with the evolution of the } failed to uphold their reputation for reliability unknown land. It would affect the des

considered likely. The experience of the world railway in Chins and the history of the old in the observance of their agreements repula- tinies of un

was that no country could progress unless there snormous population and enor Shanghai-Woosung line, My, Barry stated that tion so difficult to establish, an easy to lose. mous commerce, and still more profoundly was railway construction. The Chinese had the if official opposition was now a matter of Referring to the present condition of affairs in would it modify the views of the Chinese them-experience of the rest of the world to go on and history, popular superstition still existed. connection with the Hankow-Canton Line, Mr. selves in respect of European ideas, and the they fully recognised the neessity for railway Mr. Barry sketched the condition of affairs Barry said:-Thore has been so much said and idens of Europe with regard to the Chinese. It building. He believed there was a splendid preceding the 1894 war, and detailed the events written lately, on this subject, that a compromise would tend to fring Europe and China mure

futurs befors railways in China and he hoped that followed. He referred fully to the position with the Germans and other nationalities con and more together, and he hoped this would be

there would be no surgical operation necessary taken up by France Germany, and Russia oncerned, appears to have been arrived at which, at greatly to the benefit of both. A very striking that Chino should get into difficulties. He the question of railway expansion, and said in any rate, secures British interests so far as the thing caught his eye the other day. He was hoped China would avoid all trouble of that sort due time these various political aspirations took Hankow-Canton Railway is concerned, even if stopping for a few minutes at a roadside station and construct her railways without Inancial concrete form, and as a result the following at the expense of some of the recognised British on the Great Eastern Railway in Esser and he difficulty. railways came into being

interests in connection with the projected saw on the sign "You can take your ticket Pekin and Japan." Hankow-Chongta Railway. This compromise here vis Harwich for is perhaps likely to be hailed with chastened When they realised that it was really withusiasm by a large number of people in possible that they could book through to this country, who are interested in China, bat Pekin, it was Dovol stato of things taking into consideration all, the complicated which was startling to those persons who had and rather delicate circumstances of the case, not followed the rallway development of the it will probably be regarded by the majority as Far East. Their interests were large. They a reasonable solution of a difficult probleza. had financial interests represented by the As to the future, I will not be guilty of the great financial houses of London; Berlin, Paris rashness of attempting to prophesy. We may, and Frussells, and there were also the boud- however, at least note the principal data upon holders to consider. They were putting a very This group of railways owes its origin to which the problem of the future is based. It is large sum of money into the venture of these political rather than commercial aspirations, certain that China is fully alive to the advan-Chinese enterprises and they had to consider the They are to all intents and purposes the pro-tages of railways and is now as anxions to build great importance of these matters to the perty of the three countries named, and to them them as at first she was opposed to their manufacturing industries of the different must now be added Japan, who is the proprietor construction.

countries who were interested in the develop of the South Manchurian Ballway. China has

That the Chinese railway system is in its ment of China. In all these ways it was little or no control over them; they are con infancy goes without saying. The railway essential to realise that the various nations were cassions in the true sense of the ward.

system of India, for example, is only partially keenly competitive, each nationality was looking developed, but with a population of about after its own interests, and he hoped England 240,000,000-India can at least boast of about would not be backward in taking her place 30,000 miles of railway, whilst China, with in the financial ventures. It really was * population greater by, perhaps nearly a most important matter that there should 100,000,000, can at present show about 5,000 be no mistake about the proper application miles of railway only, Before Chinese railway |of|

which the bondholders development can compare with that of India had found, and the matter onlled for careful another 30,000 miles or so will have to be built attention on the part of all concerned. Itonght| at a cont of my over £200,000,000 sterling. to be clearly seen that the mongy advanced was In the case of the Canton-Kowloon Railway Whether railways should be constructed by not wasted, but really applied in enterprises the Chinese insisted on the following modifien private enterprise in China, or whether the which would be self-remunerative. This money tions of the Shanghai-Nanking Railway terms. principle of State ownership should be univers ought to be carefully administered as it would

Mr. Harding war of opinion that before his Instead of the railway being managed by a sally adopted, in perhaps, a matter of opinion. be for the good, not only of the bondholders Board of Control on which the bondholders On this matter I think Mr. Kont-pate it acou but also of the Chinese themselves. They all Worship disposed of the matter soms observa- are represented, a Chinese managing-director rately when he says that State ownership is not wished to see Chins develop her railway system as tions should be made about the complainant. was substituted, in whom hands the management only the best for Chine, but the only posible India's had been developed, and he most cordially The speaker had instructions to proceed against of the railway is rested both before and after system compatible with success. Not only has agreed with the lecturer that the best guarantee him at the prezent moment for the embezzlement construction. Instead of the chief engineer experience so far demonstrated that Chinese would be European control for some years to of $13,000. The charge in this case was one of being appointed by the representatives of the railway companies are a mistake, but it would come. Those who raised the money ought to assault. The police were summoned by a whistle bondholders, he was to be nominated by them also be impossible to raise any large amount of have a voice in its application, and there blown by the defendant, and when they arrived subject to the approval of the Chinese. Lucapital by means of private companies in China, should be responsible European technical the defendant was taken into custody, stead of the direction of the work of construc-

advisers appointed, as well as a Board of Management of all the Chinese Railways. If some of these things could be carried out he was persuaded that there was a great future for Chinese railways and the development of that laud (applause).

Secondly, in the south, the French projected the railway from Lao-kai to Yunnan, which it is expected will be completed next year.

Thirdly, the German railway in Shantung between Kino-chou and Chinan Fu.

James William Darling was the defendant in an action brought by Chan King, who claimed 860.50, 845 for wages and $15.50 for a gold ring, which plaintiff got made at defendant's request. Plaintiff stated that he was employed by defendant as boilermaker'st $45 a month. He

In the case of the remaining railways, the started work on April 8th and was discharged sovereign rights of China are not impaired and on May 25th.

although the instruments under which the Defendant said he came to the Colony onespital has been raised are frequently called April 3rd to put up a new gas-holder at the concessions, the word is a misnomer an applied to them. Mr. i cry then referred to the Pekin Gas Works, plaintiff came to him with several references and he engaged him at the rate of Hankow, Hankow-Conton and the Shanghai- $1.50 a day. Plointiff said he would like to have Nauking railway, and coming to the Canton it once s mouth and defendant said plaintiff and Kowloon railway he said :- the others were engaged on daily rates. On 18th May, when he inspected their work, he found they had out the plates wrongly, and he had to engage labour to take out the pintos and repisse them. It would cost defendant £100 to make good what plaintiff and the others had done. He discharged them on the 19th May, When defendant had been about four days in the colony, plaintiff came to him and asked the size of his finger. Five days later he returned with a ring and said "this is cumshaw for master." Defondant discharged them on them 19th, and paid them their wages, with the exception of plaintiff, because he wished to know what damage he had done. Defendant wished the casa adjourned, for a week in order to bring the plates which plaintiff had dainaged. His Lordship-le your name ou the ring Yes. It is scratched in.

Ho naked for your name?—Yes.

His Lordship (to the plaintiff)-Did you give

recommended me and ought to get something.

Private companies, too, would not have the then and the subsequent management of the necessary power and authority behind them milway being in the bands of the chief engineer, which only the Government itself possesses, his functions on the Canton-Kowloon Railway

Chinese At present there are very low are limited to thees of adviser to the managing qualified railway officers. There are a certain director, but it was agreed that no payments number of able Chinese engineers no doubt-for

quisitions countersigned by the chief engineer,

the

money

Mr. Byron Brenan C.M.G., remarked that

On the proposition of the Chairman the lecturer was cordially thanked for his paper.

FINGERPRINTS;

A case was called on before Mr. J. `H. Kemp at the Magistracy yesterday afternoon in which Chinese boarding-house keeper was charged with assault.

Mr. Davidson (of Messrs. Hastings and Hastings) appeared for the prosecution, sud Mr. R. A. Hardling represented the defendant.

Mr. Davidson informed the Court that he had no further instructions in the matter. He understood the complainant had left the Colony, or was dead; at any rate, his friends could not find him.

Mr. Davidson-If my friend is not going to call any evidence in support of those statements, on my client's behalf I must object.

Mr. Harding-I' submit I am justified in putting the facts before the Court, for this is a trumped-up charge.

Mr. Davidson-I object on my client's hehalf

Mr. Harding can prove that I am in

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Mr. Harding--I submit it is not the right procedure to take the fingerprints of a man who summonses another for assault,

His Worship I don't see any reason for taking these fingerprints, and I don't know that the police have power to take them. Dut if I made an order I could not enforce it, so I will not make one. The defendant is discharged.

JOINT STOCK SHARES.

Messrs. Vernon and Smyth in their weekly share report, dated June 11th, state:The market has been fairly active, but although the demand for shares, in most cases excoeds the apply rates have not advanced to any extent "mark time" period appears to be on the closes 1/98, and on Shanghai at 743. carda. Sterling exchange on London T/T,

and

BANES-Hongkong and Shanghais have boon placed during the week at 990, closing with & few small lots offering at that rate. The London quotation has advanced to £92. Nationals remain unchanged.

MALINE INSURANCES-The market conti.

unes dall and neglected and with the excoption nothing to report.

of an advance in North Chinas to 105 we have

FIRE INSURANOES-Hongkong Fires have ruled ataady and sales have been effected at 345, the market closing steady at that rate. Chinas are still enquired for at 110 but, we have hoard

of no sales.

SKIPPING-Hongkong, Canton and Macaos continuing in demand, and with no sellers to meet the market, have improved to 33 with sales and the market closes steady at that rate. Indos have improved in the North Tle. 56

local rate. Shells have advanced to 62. in

have nothing further to report under this heading.

REFINERIES-Chinas continue out of favour, and sellers at 140 fail to find nyere. Luzons remain on offer without business.,

MINING-Chinese Engineerings have found local buyers at 18), Kauba at 91 and 94. the

latter closing with sellers.

may be made from the loan funds except on re-example Mr. Jeme, who built the Kalgan, ie, the lecturer had pointed out the mistakes made to these statements being made and not proved. with sales, a quotation of some 60 cents over our

The Canton-Kowloon Railway is a very im. and Mr. Wang, who is building the southern by the Chinese, but on our side we also had a ring to the other foreman P-Yes, because he portant Kue, 100 miles in length. It starts at section of the Hankow Canton Railway, but for made mistakes. We had too easily usaumed that structed to proceed against the complainant for London and could be placed here at 61/6, We Cauter, the great commercial centre of South many years to come there will not be enough the Chinese were keenly anxious to have railways, the embezzlement of $15,000. As I stated be His Lordship said defendant had only just China, and terminates at the frontier of the men such as these to giroand. In an engineer, and not having the money, we should be in a fore, the police were summoned by a whistle arrived in the Colony and it was net likely he British feased territory of Kowloon by a experience is even more important than theory, position to dictate our own terms. That, how-blown by my client, who was taken to the police ever, had not been the cage. As to the desira station. Instead of charging the complainant, would try to squeané plaintiff. He advised de-junction with a very expensive and heavy and reliable engineers take years to train. fendant to file a counter claim and also to return section of railway 20 miles long that the There is little doubt, therefore, that for some bility of a Board of Management he supposed in however, the police detained my client on a the ring, which he was sure was given him as Hongkong colony are constructing to complete time to come China will have to engage engi time it would come about, but ap to the present charge of assault. They accepted the statement cumshaw. If plaintiff wished to proceed with the connection between Hongkong and Canton neers from abroad to meet her requirements, the Chinose Government had not seen the of the absent man, an embezzler. hia claim for wages, the case would be adjouw In the future, if all goes well, by means of this and the same remarks apply to the senior offers necessity for it. In his opinion it would not Defendant would not consent to pay railway Hongkong and Canton will be put in of other railway departments. There is nothing be a bad thing to give them plenty of rope. Let plaintiff twenty day's wages and the case was direct railway communication with Hankow, the derogatory to Chiness dignity in this.

the Chinese get thoroughly embarrassed in adjourned.

future Clapham Junotion of the great trunk has always been loyally served by the foreigners their arrangements and then they would see the inform your Worship that the statements made at that rate. Bilanghai Dookshave fallen in tho lines of China, and thence with Peking itself, so

necessity for putting their house in order and that before many years it should be possible to

reorganizing the system. This might not come take a railway ticket at Victoris Station fo

immediately, but he thought before many years Hongkong vin Berlin, Moscow, Siberia, Peking

that the Chinese would find great difficulty to pay the interest on their bonds out of their nud Harkow.

earnings on the railways. He doubled whether

ed.

THE PRICE OF A TALKING MACHINE.

The Robinson Piano Company sued W. A Howell for $107.20. Defendant did not appear and Mr. Reich, the manger of plaintiff com pany stated that the money was the price of a falking machine and records. Of the amount $40 had been paid on account.

Judgment was given for 367.20.

OPIUM SMUGGLING.

Chias

whom she has employed, and always will be Their knowledge and experience in their spheres have been, and will be, of the greatest benefit to her in every way; but if China is to be able to borrow the money she requires skroad, on the best terms, it will be necessary to cultivate the confidence of the foreign investor, a confidence which events recently have been calculated to shake..

any of the railways were paying their way,

Mr. C. 8. ADDIS thanked Mr. Barry for his paper and complimented him on his resumé of the evolution of the demand for rail. ways in Chius Today in China there was some sort of a demand for railways. bat be thought avery one wont have to say that that demand was not a thing ad hoc but formed part of the general quickening of life of China, and took natural

Mr. Davidson-My friend has no right to call him on embezzler.

Detective-Sergeant Appiston-I wish

by Mr. Harding are incorrect.

to

Mr. Harding As your Worship is well aware, a man is innocent unless he is proved guilty.

Mr. Davidson Then why do you call my client an embezzler ?

Mr. Harling-The fingerprints of my client were taken by the police. The police judged this case themselves; they never left it to your Worship,

DOCKS, WH_RVES & GODOWNS.-Hongkong and Whampoa Docks have changed hands insmall lots at 67 and 66, closing quiet at the latter rate.

Kowloons Wharves have been the medium of a fair investing business at 59, and close steady

North to 84, Hongkow wherves are wanted at 161, bat no shares are available locally.

of

LANDS, HOTELA AND BUILDINGS.-Hong kong Lands continue to finil bagers at 110 and the market closes fairly steady at the rate, West Pointe have again been placed at 46, but more shares are obtainable. Hotels have boen sold at 40 sul 38 for the new issue. Humphreys The amount of the loan is £1,500,000, and

continue in domand but with the exception of a although rather serious delays in getting possession of the necessary and have in

few small unimportant sales we have no business to report. volved unecessary expenditure, the railway

COTTON-EwOs have ruled weaker in Shang- is likely to be completes for the amount of the What I venture to think is required is a

His Worship-They must do so to a certain | hai and to-day's quotations from the North show

a difference of 2 strong and capable Railway Department or

extent.

points, some giving 120 and Early yesterday morning an excise officer 100, or at any mate very nearly so..

When, after the signature of the final agree-Board in Pekin, a constituted as to command

Me. Harding-I wish to apply for those advanced to 108 and Internationals to 87, while other 122 sellers. Laon Kung Mows have stopped a Chinese passenger who was leaving the river steamer Pak Hing, and told him hement for the construction of the Cunton-Kowloon the confidence of the foreign investor, and

fingerprints to be erased. The police have no Soyshoes have fallen to 375. The last 2 quote intended to search his laggage for opium. Railway negotiations were commenced in con- strong enough to command respect everywhere

right, until a man is found guilty, to take his tions are by letter while Soychees comes by wire. nection with the final agreemant for the in China itself. The present Board of Com

the fingerprints. This is a trumped-up charge, and MISCELLANEOUS-China Borneos have ad- The baggage contained five suspicious-looking tins, which the owner strongly objected to the Tientsin-Pukow Railway lean, the Chinese munications falls short of this. Such a depart

its the complainant is not here to inpport it. I raced to 134 with sales and buyers and at time a sale is reported at 13.85..China closing officer examining. He informed the opium Government demanded still further concessions ment would have its staff of expert assistants place along with the demand for education would ask your Worship to order those finger- Providents have farther improved to 94 with

and inspectors, both Chinese and foreign, wad and western luxury-a sort of quickening grints to be erased.

buyers and only some small sales to report. They agreed that the chief engineer should keep in touch with the administration of each of the patriotic idea in China. The demand

His Worship-I am afraid I cannot make an and Watsons have all been placed at quotations Peak Tramways, Ropes, United Asbestos Dairys, be an experienced European, but they in railway, who would be responsible to the Board had to be edged round with so many restrictions order.

Union Water boats have advanced to 11 with gisted that he should be appointed by them. The net caringe of all railways after payment that it could hardly be called mu effective Mr. Harding-Then I would ask for direc small sales and United Asbestos Founders shares have found buyers at 300. Cements have been salves, subject to reasonable approval, and of the cost of maintenance and renewals would demand. The Chinese mamed to be far from tions for it to be done. It is clearly proved he medium of a fair business at from 8.80 that he should be under the orders of the Chinese be paid to the Government Railway Depart desirious of paying for, or constracting, railways, by the subsequent proceedings that the couto 9, closing with buyers at the latter rate.

ment the principles of its organisation might but yet fired as they were by the ory of China plainant is the guilty person. I think your managing director.

They would not consent to the appointment be somewhat similar to those of the Imperial for the Chiness" they wore unwilling to entrust Worship can direct that these fingerprints

HOW TO BE BEAUTIFUL-Keep your com control of the lines to those whose money they should be expunged. They are a record against plexion, Mrs. Ellen's Créme Charmante, Lait of a European accountant, and retain in their Maritime Customs. A definite policy and a own hands complete control of the funds derived definite programme of railway construction

were spending, and now apparently they were a man as being a guilty personL

Charmant and Special Skin Tonic and Poudre from the loan, subject only to the conditions should be laid down. To build-up the revenues

-averse to giving the necessary security. It was

Hor Detective-Bergeant Appleton stated that the Charmant will enable you to it.

Specialities for the Skin the study of a that loan funds should be drawn upon on a of the Board the best paying railways should be pathetic to see the way China was scraping her word discharged" was written on the form iletima, A. B. Watson & Co. Ltd Belo Agents the alternative being two months imprisonment, requisition signed by the Chinese managing constructed fint. The revenues and expenditure Treasury to find money with which to pay the containing the fingerprints.

[453.

-searcher that the tins contained twenty cent piecos, and that it would not be advisable to steal them. The ofloor, took the passenger to the Police Station where the tins were searched, and were found to contain four tools of prepared spium. When charged before Mr. F. A Hazeland at the Magistracy yesterday the passenger still asserted that the tins contained twenty cont pieces, but when called to the witness stand he stated that another man handed him the boxes and ran away. His Worship held

the charge-proved and imposed a fine of $300,

from the financiers..

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