Intimations.
A. S. WATSON & CO.
FAMILY AND
DISPENSING
CHEMISTS, WHOLESALE AND RETAIL DRUGGISTS, DRUGGISTS' SUNDRYMEN,
PERFUMERS, ' IMPORTERS, AND EXPORTERS
·OF
MANILA CIGARS, WINE AND SPIRIT MERCHANTS,
AND
MANUFACTURERS
or :
-A. ERATED
WATERS.
THE HONGKONG DISPENSARY,
ESTABLISHED A.D. 1841.'.
HE SHANGHAI PHARMACY,
24, NANKIN ROAD, SHANGHAI.
BOTICA INGLES A, 14, ESCOLTA, MANILA. THE CANTON, DISPENSARY, CANTON. THE DISPENSARY, FOOCHOW. [3
کا
The Hongkong Telegraph
HONOKONG, MONDAY, OCTOBER 12, 1883.
TELEGRAM S.
LONDON, October 20th. THE FRENCH PRESS AND THE SHAW, INDEMNITY.
The French press condemn the proposed pay- ment of an indemnity and deride Mr. Shaw's claims.
October 21st.
THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 22, 1883.
THE steamer Eurine came round from Aberdeen | the first February, 1881. The gist of the whole Dock this afternoon,
report is contained in the following paragraphs - 44 In presenting the revenue acount for the year It la a matter of much regret to the Board that the worldig of the steamISTÍ
MA KIEN-CHUNG arrived at Shanghai, from Tientsin in the steamship Macau on the 17th instant.
THE departure of the O. & Q. 5. S. Co.'s steamer Arabic has been postponed 'till Saturday next, the 27th instant, at 3 p.m.
The visitors to the City Hall Museum for the week ended 21st October, were:-European 163, Chinese 2,152; total 2,315.
We are informed by the agent of, the P. & O. 5. N. Co., that the Company's steamer Verona, with the next English mail, left Singapore for this port at 6 am. yesterday.
-
MR. W. REINERS, the Consul for Russia at this port, paid the customary ceremonial visit to the Russian cruiser Oprítchník yesterday forenoon, and received the usual salute on leaving. WElearn that General Mesney has returned from his recent wanderings and is now at Canton. It is rumoured that the General has been offered an important appoinment under the Chinese Goverment in connection with the Foochow Areenal
OFFICERS drawing Chinese teachers' 'allowance are notified in the Government Gazette that in fature all applications for extension of time to prepare for their examinations must be made to the Colonial Secretary through the heads of their respective departments.
A CORRESPONDENT writes to ask us "whether, in regard to an "express" issued this afternoon, appearing elsewhere in our columns, His Excel. dency, will arrive in Chinese dress, having pré- sumably lost his own in Peking, and whether it will be necessary for the hero worshippers of Hongkong to appear likewise." We leave it for wiser and abler heads than ours to answer.
THE following "Express," signed by Mr. J. H. Stewart Lockhart, for the Colonial Secretary, WARLIKE PROSPECTS IN MADAGASCAR. | was despatched from the office of Messrs. Guedes
Negotiations are at a standstill with Madagas car and there is no likelihood of a peaceful seitle- nient. The inhabitants are leaving Tamatave in anticipation of a renewed bombardment.
LOCAL AND GENERAL.
"ENQUIRER'S" "letter in re the Cricket Ground, ...our_report_of_Saturday's cricket.match, special correspondence from Tonquin, the continuation of Chinese Views of Current Events, and a mass _ofother_interesting rafter have, owing to un-. usual pressure on our space, been left over for our next issue.
& Co. to-day at 1 pan.:-"It is hereby notified that His Excellency Sir George Ferguson Bowest, G.C.M.G. returns to Hongkong by the steamship Posang expected to arrive here on Wednesday,the | 24th instant; the Officer Administering the Gov- ernment invites Members of 'Council, Heads of Departments, Foreign Consuls, and the general community to be present at the Governor's land, ing at the Murray Pier. A gun will be fired from the Hulk as soon as the Posang in signalled at the Peak."
COMMENTING on the report that Admiral Wiles had ordered H.M.S. Zephyr to proceed to Foo- chow at once and anchor as near to the Settle.
opposition from competing steamers, which served to lower freights to very unremunerative rates. In the course of the year,
on the advice of the general managers in China, the Directors decided upon selling the reamer Appin, which was represented hate on fair to The Board regret having to manoured the as being rather to smail for the coasting trade, and this was
September. The usual investigation was held, which sonerated the down on the chan. The munt payable idet her on the casualdes have been of but little importance, and sil the pocles of Insurance has been duly recovered. With this assep lacted by the Company have been keeps up in a state of
loss of the steamship Eereja on the coast of China on the sth
mack not
and ofstem, the vessel having struck on a sunker
effeciency throughout the year,
For the benefit of those who would care to examine the actual financial position of the Company at the end of December last, we annex the balance-sheet issued with the report
their gross receipts is the mistaken idea that competitors will be kept in the dark concerning the rates at which, their rivals are working, trade know perfectly well what their compeers This is quite a fallacy, as opponents in every
are doing.
of achieving certain objects which, from their point of view, were very desirable, and, such as many people would be willing to pay for very handsomely,
"His heart swelled with pride when on an occasion like the present the act of one man could call into existence such a stirring scene which chabled thinking men to estimate the true. weath of this new country. They might not have a dollar for the tiersary; but still they "wa" **
rich in inhabitants; à community orderly, demonstrated at that moment when they could see at a glance that the half of their city population was before them uniting in hopeful expressions of trust in the future of the country of their adoption Nodoubt the Government had com- Secondly, the China Coast Steam Navigation mitted some errors, and necessarily would and the Yangtze Steamer Companies have dis- commit some few more, but it still remain- posed to the Company of nine vessels of doubted a grand fact that it had achieved great ful age at the handsome price of 15 a ton. results. The demonstration of to-day to our formation of the Company, relieved of the burden that from tin Excellency downwards all had in Finally, Messrs. Jardine & Co., were, by the loved and respected Resident simply proved of paying for and working their steamers, which their various degrees contributed to this happy were probably contracted for at considerably result, and he assured His Excellency that, God higher prices than the same vessels could have helping him, he would sturdily do all he could been built at or bought for at the time when the for the support of the Government. He called contracts were handed over to the Company, for three cheers for "The Governor," a true Beyond this, Messrs. Jardine, Matheson & Co., gentleman, an esteemed high official and a provided themselves with the lucrative post of "friend "to all. This was heartily responded to management, which must be accounted quite as by His Excellency who, in reply, stated that he clever a stroke of business as the sale of the quito agreed with the speech of Mr. de Lissa goodwill.
as to the success of the Company, and also appreciated the work done by Mr. Pryer. A hasty farewell was then given and the steamer 'was quickly away from the wharf, bound to Hongkong-taking with her not only Mr. Pryer but several of our energetic pioneers, amongst whom were Messrs. De Lissa' and Sachse.
I have, rather dwelt on this account as it actually embodies a " Mullum in Parva" des scription of the growing importance of this new colony,
should show so little profit; and after dubling the account with mos e as per cent, per annum, for depreciation of steamers
These objects may be enumerated as fol and India, a man ha teted Tragarent, decat care prea cludes any declaration of dividend. “This ubruente result has been due to various causes. Trade in China har been seriously
As the shareholders did not think fit to raise First, and to our mind the most important ob prevalence of monetary disculties among the natives, av urselves on one or two items in the balance have obtained £50,000 in cash for the goodwill depressed throughout the year, owing in a great mearm to the any discussion, we are led to make some inquiry--ject attainted, is-that-the-vendors, among-them-in-bealth-and-in-pocket, a fact most per thipping into that, on seed in the beduint la sheet which we think require clucidation.
had sustain, some of colating listen, a strennoss
of a business which, as we have shown, makes For instance, we think that some explanation a loss of nearly £15,000 in eleven' months, and should be given how it was that, a month or two
which was at the outset never actually shown | after the purchase of the flect, it was discovered to have made a shilling, that oneofthe steamers, the Appis, was unsuitable. for the Company's work. With this excuse the vessel was sold and though the Company had paid for it an average of £15 a ton not many half the loss debited to the Appin and Europa weeks before, they could only realise-taking in the reserve fund-10 a ton The Europa, which was lost, is said to have been insured, but to what extent we know not, as the balance sheet contains no credit on her account whatever. The depreciation account is also a puzzle. The Directors say that they have written off £13,000 on the cost of steamships, &c. (=69,418) which they estimate is at the rate of 51 per cent. Unless we have forgotten how to calculate, a deduction of £12,000 from the above sum is only about 41 per cent. It may be that the amount The more closely the affairs of this Company received from the underwriters for the loss are examined, the more they demonstrate that of the Europa is in some way smuggled the business was only, sold when it had be in; but "If so, it is perplexing and irregular, come a source of anxiety and trouble to In justice to the Shareholders, an important | its possessors. As we have shown, it is item like this should not need any explanation. only valuble now to the Managers and Di The next item which strikes our attention ispectors for the sake of the commissions and sal- one on the credit side of the reserve account, aries which may be got out of it. Whether the which is couched in the following remarkable current year's working will produce any better language:-
result for the Shareholders time alone will show. Mr. Keswick is hopeful; but his confident anti- cipations have proved so fuckless hitherto that all we hear concerning business in the regions we cannot place much reliance on them.''Froin where the Company trades, we fear that the so- cond annual report of the Indo-China Steam Na- vigation Company will be still more disastrous than the first.—Vanity Fair,"
BALANCE BIRST AT 31ST DECEMBER, 1881, Pilobiti.
To Share Capital: Authorised, .
£1,200,000 Finas, 6, on shares, each
£10, whereof 18, 389 KHATRO Kúbverbed and fully paid up 183,870 a a 31, shares subscribed and
48 108, palduonaungana 385.137.8 ́q ..Nalance of Underwriting Account
Sundry Crediton-in London... 2,558
AD
142.001 0.0
590
In Chian...... $1,399 1 9 sa od 31
Augia
£ By cost of eleven Steamships, Hulks,
Yerryboats, &c. 95%,418 7 1 Lest amount weissen off for du-
preciation t
Farmant on account of two
12,900 0
#35,41 7
1
** Steamships building......... 36,313 17
Purchase of Good-will paid in terms of agreement with Vandar
Balance to be received for pro
ceeds of steamship API --- Proportion of unexpired Policies Costs In godowns and on board
ablp Stock of Proriiloon and Stores on board shipsanemase
6,393 34
., Office Yumhare
Sandry Debtor, for Freights
and Debit Balanceam
In London......s
In China cesta 61,496 13:11
*
..Bills receivable
Cash In London, at Bankers...., ira a g
In Short Loans, an "A
Security $5,5
In Hongkong LAMO
In Shanghal na Balance of Ravenue Åscount, se,
under..
1
30,000 60
6,131 16.1
3,507 9 1
·
Dy net naming of Stesimers, after deducting Commis
Tons of General Managers, and crediting retum of
66,375 conceded by them, The net earnings to which the Shareholders were entibled were therefore only £3824 In abort therefore, had it not been for the generosity, of the managers, the Company, on their own showing, which is of course as favorable as they can make it, would have been nearly £15,000 to the bad in eleven months!
The managers of the Compally are one of the three vendors, Messrs, Jardine & Co., and when we find them voluntarily giving up rearly £7,000 commission, we conclude one of-two things. Either Messrs. Jardine & Co, have a very comfortable and lucrative, berth; or they have 72 already done so well by the transfer of the business to the Company, that their con- science as shipowners rebels against such whole sale profits. If the last conclusion be the cor rect one, the concession is all the more remark- able, as Scotchmen are celebrated not only for keeping the Sabbath, but everything else they can lay their hands upon.
69613
9300 13
3 7
D
De
Loss on aceansers in kaå Europa Depreciation
REVEEVE ACCOUNT To 31st Decensen, illa. To General Charges. Directors Fell Preliminary Expenses
D.
▸
F
4813
12,000
A
La
Cr.
$
L
10,109
11
651
ង
Commission of General Managers, and crediting return of £6,313 concadad by her Inseres: Accbant.................... Bachange Accoun
THE scavenging contracts for the villages of Hung Hòn, Shab-kl-wan, Stanley and Aberdeenage, where the men-of-war usually lie, the Foo By net earnings of Steamers after deductie are advertised in Saturday's Gavelfe. For full particulars of these services, application must be made to the office of the Secretary of the Sanitary Board. The "able men" are apparently still pursuing the old course of stupid bungling and blundering. They will have a rude awakening one of these fino days.
SAVS the Shanghai Courier It is currently
ment as possible instead of at Pagoda Anchor-
chow Herald of the 18th inst, says: "We have. not, as yet, had the pleasure of observing the Zephyr up as far as Foochow, and probably there is some sufficient reason for her not venturing further than the Anchorage. Our contemporary further remarks: "Our new British Minister clearly means business, and consider ing the loose state of affairs of recent years,
establish our lost prestige is highly gratifying."
AJ
|
NORTH BORNEO, -
LATE AUSTRALIAN NEWS:
A Convention of delegates from the various November to arrange for a federation of the Colonies will meet in Sydney at the end of
Colonies and the annexation of New Guinea and other islands in the Pacific.
The Fourth Australian Cricket eleven is being organised with the view of trying their fortunes in England next season.
Mr. Fairfax, Proprietor of the Sydney Marn Our correspondent from The East Coast mening Herald, has been: fined: Lago for.contempt. tions the following few important facts and "on of Court. The proceedings arose out of an ac dits:
etion for libel brought against the Herald by the The detonations resulting from the Sunda Superintendent of the Children's Home, for re- Straits eruptions were distinctly heard over theflecting on the management of that Institution, whole Coast Line, and the sun presented a greenish and the verdict was adverse to the Herald, and hue for a week after the sad event.
in its comments upon the case, the Herald said The general health of the inhabitants is excel-that the trial could not be satisfactorily termin- lent.
}.ated in that : Court, and that Sir George Innes, the Judge, trying the case, bad had no English training. The article was also alleged to have contained a reflection on the mode of Sir George's elevation to the bench, made it was urged, to disparage the Judge, and the administration of Justice through him. There is stated to be a strong feeling against the Court.
Agriculture is to the fare. The success of the tobacco experiment made by the China Sabah The question naturally arises: If the managers Company proves of infinite value.. The tobacco can afford to return so much as they have done,
now cured experts state is equal to that of the messer what is the total sum they are entitled to and famed Sumatra. The sugar cane patches on the what percentage of this sum is represented by various rivers have grown to perfection, and Mr. the $7000 which they have voluntarily re de Lissa, who has for the past fifteen months linquished? The balance sheet contains no-anxiously watched this industry, announces his mention of these details. The Articles of As opinion that the soil and climate of the Sanda sociation also conceal the exact charge which kan district possesses the highest attributes for can be made under this head, but state successful sugar cultivation-and-his-opinion-is that the manager's salary is to be a rea shared by Mr. Reece, another expert, and the sonable one, determined by the Board.
latter gentleman has already selected very large D no information on this subject is obtainable, areas of land for a powerful Australian Com
we will assume that the managers have been pany for sugar cultivation only. It is to charitable, and given up half of the commis fecret here that Messrs. de Lissa and Sachse Dsion due to them. If this be so, their charges for are proceeding to Hongkong by this oppore twelve months will reach the respectable total tunity in order to draw the attention of the of about 15,000 or nearly 33 per cent, of the refineries of China to the prolific neighboring 10paid up capital. The labourer is always worthy resource they have in the near future fur raw 10 of his hire; but the shareholders hardly reckoned, sugars grown and manufactured in North Borneo. we should think, on managers paying themselves These gentlemen, as the pioneers, were allowed a preferential dividend of 31 per cent, which is the first pick of land and have certainly "struckc Look really what it comes to.
fle" in their selections of 19000 acres of free- We next, come to the purchase price of the hold on the banks of the new famed "Saps good-will-659,000 paid in hard cash for the guya" and "Seegalleyhood" rivers. The "Sa business, which, as Mr. Keswick informed the paguya Township " allotments realised at the years. We should be grateful to Mr. Keswick were sold on the same tiver to a Singapore If he would tell us by what rule of arithmetic Gambla and Pepper Company at a relatively high or business calculation he determined that the figure. good-will of a going concern which makes a loss
Profi1 p Coat Account MADELEINERA Gay 15
alence transferred to Balancesheet. 8,170
.ti
5
7
The report and accounts were failed to the shareholders early in Jane last, and the general meeting of the Company was held on the art of
Earthquake shocks have been frequent throughout the Colonies in Eastern Australia, being caused, no doubt, by the great subterranean. agitation which resulted in the lava disaster.
Commander Moore has effectually punished the natives of the New Hebrides for the recent
murder.
Mr. Ernest Morrison who was sent by the Melbourne Age on an exploring expedition to New Guinea has been plundered.
Captain Arait, who is engaged on a similar expedition, is progressing.
LATE TELEGRAMS.
We take that annexed telegrams from files of the Indian Daily Nende received from Calcutta. by the steamship Arralson Apcar, Capt A. B. MacTavish, which arrived in harbour this
reported that His Excellency Li Hung-chang! the decisive measures already adopted, to re that month-The-chair-on-that-occasion-was--bareholders, had stood at a premium for many-brat-sala-for-to-acres-$10 the atre and 140 acres morning;
has advanced one million taels to one of the managers of the China Merchants' Company: that His Excellency Tso Tsung-tang has re- sponded to an application made to him for a loan to the extent of Tls. 750,000; and that the Chinese have negotiated a loan with a local foreign bank for Tls. 300,000.
I
taken by W. Keswick, Esq. of the firm of Messre. Matheson & Co., of Lombard Street.
This is how Mr. Keswick accounted in a SAYS the Nagasaki Express of the 13th inst;-general way for the miserable result which he It is just a month ago to-day since the Chinese and his colleagues had to present to their cont subject, Wai Egno, was killed,--or rather mur-stituents :- dered,-by a Japanese policeman, whilst on duty
*** regret that the account pays so disapposting, and so
different la reina from what the Heart, and cipechly mysite confidently expected. The first few months of the year gave promise of good comings, the roccipta on all the Engs being kitik actory; and analcipailug full employment, the general managers chartered several stents for the coast trade, as had eas done
of £15,000 in the first year was worth this handsome outlay.
There is an ancient legend that a certain high and mighty Spanish hidalgo, was in the habit, when eating cherries, of wearing very powerful spectacles. The operation did not of course add to the flavour ofthe fruit, but it apparently increased with good super by them la previouza yaars for the'intecosts they
their size, which heightened the enjoyment of the then represented; but unfortunately a iscostary crisis amongst the batives in South China which extended to the ports, "malously
refection. We are convinced that, previous to curtailed business, and dala, combined with unprecedented kees asking money for the goodwill, Messrs. Jardine competition for the reduced freights offering, cauzad the chaṛtars-
resit to postles lous Traffic on the court maraly bor in
and their co-vendors must have looked at it with cargo and in passengers is lacreslog, and although cutparisions the bidalgo's spectacles. is meanwhite as koon as to preclude profitable woddag between tacles could have led them to value a business But no ordinary spec- Shanghai and Chaton, 'I am not without hops of meth facing the
turned and renumerative rates extablished Floods in Southworth ap little, at such a purely fancy rate. and Central China, and drought in the portain provinces, greatly miss of the year, I call your attention to these facts by order co first year of the Campeny's werking and tế Thim that the als you not to be découraged by the pubfunt of the
“hindered the movements of cargo, and Inforiously, spected the
and in uniform, in the Chinese part of the Fo- reign Settlement, and as yet nothing has been SAYS the Japan Daily Mail:-Mr. R. Frater done by the Japanese authorities to clear the Smith, editor and proprietor of the Hongkong matter up or to offer any proper explanation or Telegraph, appears eithgy to have an insatiable satisfaction to the Chinese authorities for the part appetite for trouble or to be the victim of a they have appareatly taken in thus grossly violata singular series of persecutions. From the Hong-ting the Treaty between the two countries from kong papers we learn that he is again defendant which it certainly begins to look as though the In an action for libel. He is now sued by Mr. Chinese will get nothing at all beyond what they J. M. Price, Surveyor-General of the Colony, for are prepared to enforce. The matter is really, a various articles alleged to be libellous and de- very grave one, and one the issue of which famatory of that officer. The action, which is a seriously affects the Chinese Government and criminal one, is now pending. -
the standing of Chinese subjects in Japan of the stars flow and teed of them the qui se odia THE Russian war-vessel Opritchník, Captain There is not much doubt, it is generally thought, and to carry forward the dabis balance thecatyy boas mind of
Best charge upon the now profta of thle yake. Võu will botón fou Ivashentzoff, arrived in harbour yesterday morn that it is an insult indirectly aimed at the Chinese that the entira preliminary gamensen have been written off. The
good-will, we have not been in a position to touch; bet is munt of ing, and saluted the port, Commodore Cuming, Government, and that Japan has purposely course is when the rerende scoure Bts of it, be
the prospectus of the Chopeay, and arises from the premka 45. Rear Admiral Meyer, the French commander-in-chosen the present opportunity as a favourable singulabed by a poking fund. This extry is so recordance with chief, and Rear Admiral Von der Golts of the one now that China is fully occupied with the German Navy, The salutes were duly returned Franco-Annamese difficulty.
by the shore batteries, and from H.M.S. Victor Emanuel, the French flagship Victoritust, and and the German corvette Slosch, The Oprit- chnik is of the same class as the Plastoun and other Russian cruisers which have previously visited Hongkong. ACORRESPONDENT writes to the Foochow Harald of the 18th inst.:-in reference to your article in fast week's Herald warning foreigners to be pre- pared for an cutburst on the part of the natives, and pointing out that the Mandarina announce their inability to control the populace in the event of war between China and any Western Power, may I be allowed to point out that such an announcement on the part of the Author- ities means that they would never try, and that in the event of a rising, not only would foreigners be as you describe them like sheep without a shepherd but sheep with the butcher- unpleasantly near." Owing to the peculiar geo-
THE « TELEGRAPH" LİBEL CASE.
called in the Supreme Court this mostly before The Price v. Fraser-Smith libel case was again Chief Justice Sir George Phillippd. Mr. A. G. Wise, barrister-at-law, instructed by Mir, Wotton, held Mr. Francis's brief for the prosecution.
Defendant-My lord, I beg to withdraw my plea of justification, and plead not guilty" only, also wish to travesse, so that the case may be tried next sessions.
The Chief Justice-Very well, Mr. Fraser Smith,
Mr. Wise-1 appear for Mr. Francis, my lord and beg leave to withdraw the demurrer. would also ask that the costs of the hearing on demurrer be given against defendant.
The Chief Justice-Mr. Wise, that is a matter with which I have nothing to do.
Mr. Wise Very well, my lord, then I have simply to ask that the case be postponed until
next sessions.
The Chief Justice-The case is put off until next sessions. Mr. Fraser Smith your personal
criminal sessions.
sudlaski, le now barter, . Vosi will chaares is the secounts that de Bosed have wrists off the propery of the Company Ásabo ize depreciation. It way domed right to do, this though the
which the property acquired"hat-long "stood;;)The general managers, not wishing to ressig she whoje comeslsion served by them in a year showing ng proft, and tha fiest of the Company's existence, have made a retum, you will che, of a subanal
BUTA.
Our own vision is limited, and, for the life of Us, we cannot see on what basis this premium was exacted for the goodwill. In fact, bad it
been our business, we should have esteemed it
dear as a gift, and should have been glad to pay business is peculiar in this respect, however, that someone to take it off our hands. Shipping
the less remunerative a concern appears to be, the larger is the sum demanded by the seller for the goodwill thereof.
plaintively regretted that the Board had not yet As will be seen, Mr. Keswick in his speech been able to deal with the goodwill. The treat this item as an asset to the extent of stern fact still remains, however, that the board 450,000, We are curious to know what this asset would realise-after the adoption of the above report. To deal with this awkward item of 450,000, on the most moderate computation and loss at least to per cent. per annum, and the Directors should have written off from proft this is an allowance which any ordinary business man would make even if he were assured that a trade for which he had paid a premium would be unimpaired by competition for ten years.
But the Indo-China Steam Navigation Com- pany cannot reckon on this; for in the first ten months their good-will has been cut to ribbons. by competition. But had the Directors made proper provisions for extinguishing the goodwill purchase, set aside an adequate sum for de preciation, and not received what they can scarcely expect in the future-a return of com- mission from the manager what a very un- comfortable appearance the balance-sheet would then present!. The result would thus appear
Depasciation of 6 per cant. for eleven month on
tri Tan per cent, written off goodwill for eleven months...
JA ST. PETERSBURCH, September 28th. It is semi-officially stated that the Russlan The event of the month is the popular demon policy in Bulgaria is of an entirely pacific stration which took place when Mr. W. B. Pryer, character. our noble hearted Government Resident of the Min BERLIN, September 28th," East Coast, left for China on leave. A public The Emperor of Germany unveiled a mont- meeting was first called resulting in the apment of "Germania" in the Niederwald to-day, pointment of sub-committees representing the when extraordinary enthusiasm prevailed. different nationalities who were empowered to draw up and present an address and take men-
PARIS, September 30th. President Grevy has apologised to King Al sures to get it as numerously signed as the short phonse for the treatment His Majesty received time would permit, the evening before, the yesterday at the hands of the populace. depanure: The deputation, consisting of Chinese, European, Sooloo, and Malay and informed bim that the numerously signed gentlemen of repute, waited upon Mr. Pryer
address had been translated into Chinesa and Malay and the chairman handed it over after it had been read by the Hon. Secretary. The following is a copy'
To W. B. PRYER, Esq,
Resident of the East Coast," :
North Borneo, SIR-We, the residents of the East Coast and citizens of the City of Elapura, North Bornes, approach you on the eve of your departure on
founder of the East Coast, so far as opening it
leave of absence, with affectionate respect,
We recognise the fact that you are the true
benign rule is concerned. Up to trade and commerce under a safe and
The King has in consequence counter. manded the order he bad previously given for invitation to a State banquet, his immediate departure, and has accepted an
action of the Parisians, and express deep regret The Parls papers this atorning condemn the at the gross insult offered to the King of Spain.
MADRID, September 30th, Great indignation is felt here at the reception given to King Alphonso at Paris yesterday,
PARIS, September zyth
The King of Spain arrived here to-day, and was welcomed by President Grévy. On his way from the station, however, he was hooted
October 23rd. by the people along the entire route
The French
Chambers be convened on
News from Tonquin states that the French - Resident at Hué bas procured a despatch We are aware of the history of your first investing two Ministers with full powers to advent at "Elopura" before a tree had been pacifilis people of Tonquin, to disband felled, and with but two or three men under you the army, and bend the recalcitrant Generals se as Pioneers; and we cannot but admire at the and Mandarins to Humbert successful fact and its environs opened up present moment that the City of Elopura fa a SS September 30th,
» for agricultural purposes...
penavered in You have sturdily penevered in your labors from that first moment until now, and six years have elapied before you have sought to relieve yourself by absence from the scene of your great undertalding
We know now how difficult your task must Wave ban, inviting all nations, as traders, denis zens, and citizens, and it must be a proud mo meat this when you receive the present addres from the representatives of thoussut of the many nations whom you now leave, contented to await your expected speedy return.
* [902,400 gal ng scene was enacted. The newly erected and
6,375
(Here followed the signatures European L'hi nese and Malay, forming quite a volume,
On the departure of the vessel s most infpósm commodious Government Jetty; had been gaily decorated with light arches formed of beautifully one of these bowers was erected a platform. The populace lined the jetty and. - approached to the number of at least 2,000,
The above extracts give the salient points of -MrKeswick's explanations
We do not think the Chairman could have sald much less, and we think, in support of the might have said a good deal more. It is not Directors characters as sharp business then, he given to any one to be able to make a silk purse out of a sow's ear. On the whole, Mr. Keswick struggled through his allotted task fairly well, and we have no doubt was heartily glad when the usual vote of thanks was accorded to the Board for their superbuman exertions in wasting other people's money. Shareholders are like camels and donkeys, a patiant and long-suffer ing race. Judging from the equanimity, with which they received this report, one would imaging that the proprietors of the Indo-Steam Navigation Company have in their composition, more than ordinary proportion of asinine blood, So far as we can learn, they went to the meeting, heard what the Chairman had to say, and de- parted mute and sorrowful to their own homes. It might have been that the dissatropis state of affairs with which they were confronted, de be the cause, the Directors have certainly good reason to be thankful. One and only one, Kim fnstead of the 8,570 the Directors confessed to portant question was put by a Mr. Rock. This Under the circumstances, we think that share gentleman, who evidently posed of more holder would have been more pleased if, instead consider a most maential qualen vis, the taction of the goodwill in the future, Mr. amount of the gross soccipta paluda by the Com- Keswick had announced that the Directors in- pany during the terms, referred to in the report, tended seeking the immediate and unconditional He was immediately crushed by Mr. Keswick return from the vendors of the £50,000 paid for who replied; with that lofty, wypecority alway. A business which has proved absolutely worth assumed by those who sit on the other king of "less. the table, that it was not tail at steamship Proceeding with our examination of the re- of ourselves, for it is scarcely necessary to In our previous issue we commented at some meetings to make public the gross receipts ner venife account, we find, of the debit side of the polat out that a hundred well armed, fairly length on the attendant circumstances of the to the rates at which they had been criped, as statement 1,500 charged for Directors fees, drilled men, intent on sticking together, might troduction of this Company, and also of the In bygone years, as our readers know, it has. which their annual remuneration. Consider
golden prospects of the undertaking in the future. not been usual for those who manage shipping ing that the report tells us that the accounts, defy the most murderous of mobs. Let some Our next task is to examine in what degree the companies to explain many other items connected only cover, the results and chargch for eleven In doing so pointed out that in his opinion the one interested in Foochow farm a committee and anticipations of the Directors have been actually with the business equally vital as those regard nonthe working; it appear as if the Board had expression of that moment represented that of see what the general feeling of the public is as realised cannot do better than Tunes are rapidly changing howevers and There is another entry on the same side of Bomed Company had nebly redeam
BORww.dai ing which Mr. Fook requested some information, overdrawn their salaries by, a twelfth part thousands of people. He said the British regards making some provision for the hour of danger, and if it never comes, well, a little drill, the Directors on the first year's operations of the investment, the sooner rich customs are changed give an extract or two from the annual report of shipping is ever to take its true portion as 30 a little shooting, and a little exercise are not bad Company, comprising a period of eleven months the better for All conceited. The only chfection; Things in themselves.
only the business having been taken over on wo can see to'a thipping company
Simig ja
graphical position of Foochow it is impossible Į recognisances are extended until the Novemberi prived them of the power nú speech, z) Whatever nga posal kas of 25.065 warlersted foilage and in the centre on one side of -
for the Home government to protect British
This closed the proceedings, and the case will subjects, but surely the government, if asked, come on for trial in the onimary course unless would supply arms and ammunition, and then the defendant specially applies for a further all that would be necessary would be for Euro-adjournment-at the next criminal sessions. peans to learn the manual and platoon/exercises,
and there will certainly be in the community "some one capable of teaching these and then
OTHER PEOPLE'S MONEY. EN
we may all feel sure that whatever happens THE INDO-CHINA STRAN NAVIGATION.COM we shall be able to give a good "necount"
PANY, LIMITED PART II
To illustrate
than ordinary courage mildly asked what we of making vague promises to deal with the ex« & As His Excellency and staff, NA SERIKA
The Irish. Convention at Leeds yesterday elected an Executive Committee, composed of of Mr. Parnell's nominees, and passed resols tions to display the greatest activity in any en thing elections,maye ghafla
1/The report of Mr. Farnell's assassination has turned out to be groundinas.
Mr. Crottya landlord in Mayo, has been murdered. M
"O'Donnell, the murderer of Camy, has been committed for trial pineapple as Mat
"A crowded reception was given to-Mr. Shaw, the Misionary at Exeter Hall yesterday on hia return from Madagascar, when he narrated the
received at the hands of the ondon “Freas this morning calls
PARIS, October, sat.
ling the irequest of President: nain here another day, the King of":
'is returning to Madrid to-dayes pamat AGASCAPE MADRID, October sit. I ople here are preparing to give King
Foration on his arrival froor Patio:
rived here to-dayakan
displayed on her arrival.. Fanti-French demonstr "populace, the French Em””
reva, October
lately imprisoned
(the services for hes
ADRID, October 2nd.
Pryer, made their way to the steamer, theen king- Ing cheers were given for our esteemed spirernors and a stop was made by the party who were in tiges chilled vited to the platform. Here the Makemodan and busy Chinese principal citirene addressed Mr. Payer in the highest terms of respect and praise, to which that gentleman gava suitable replies amidst loud “salamate”, and “ vivas, "e the native drums and
gong
and cracies also, forming a feature not the least interesting.ingen
Mr. de Lissa also spoke onthe occasion, and
1,488 in other words, promotion money.apent three millions, instead of as they had done the account which is Preliminary expenses, mise to the Bndsh Government, if they had] The shareholders are charged the respectable only so mishy hundred thousands sun for providing the vendors with the means] result could not have been mome
to clay on the arrival of
I was thrown open,
IMajesty which was?