Intimations.
DAKIN BROS. OF CHINA,
LIMITED, DISPENSING CHEMISTS, &C. LONDON, HONGKONG AND AMOY.
THE HONGKONG TELEGRAPH, FRIDAY, AUGUST 7, 1891.
A-klog.
The "Oriental Carousel Company "is the high- tying this of a concern Just started in Singapore. We thought that Hongkong bad just about reached the depths of financial degradation, but heaven be praised, the "Durlanites" still bear away the palm.
the aid of a physician." Such instances of death are exceedingly TRTC.
shallowness of the water, has reduced the Way in a tooth not a tooth? When it is A PAPER speaks of a man who died without stock of water in the dam at Raub below working level. The spell of dry weather, however, cannot last much longer, and the fint heavy shower will replenish the dam and permit the mill to resume running. This drought is by no means a misfortune, for wherever prospecting and the work of shaft sinking and level-driving is going on, it signifies that thers is far less faterference with mining operations by the inflow of water, and work can be at prevent freely pushed on at various points where «CERALINE " for tiating finger tips, face, and not long ago it had to be abandoned owing to
the men being swamped out of the new working in the absence of pumping machinery.
AGENTS FOR DR. PAUL'S MANICURE SPECIALITIES,
Ups, per pat $1.
"POUDRE LUSTRALE" gives a brilliant shell-like transparency to the ualis, per box "EMERY BOARDS" for bevelling the rough
言
edges of the nails after use of the file, cts. 5o. "ORANGE WOOD STICKS," A valuable
novelty introduced in Dr. Paul's system of Manicure to apply the "Cleansing Fiuld" under the free margin of nails and thus avoid the danger of scratching with steel instru-
ments, ctx. 5p. "NAIL OLEATE" preserves and gives a brilliant pollsh to the nails and prevents hangnails, etc., cis. 75.
"CLEANSING FLUID" instantly removes all
CHINESE RIOTS AND EUROPEAN JOINT
'INTERVENTION.
LONDON, August 5th.
Owing to the inadequacy of the Chinese redress to foreign sufferers through the recent riets in the North, the Cabinets concerned are concerting joint interventios.
LOCAL AND GENERAL.
stains from the surface and underneath the THE tea ex steamship Empress of India arrived
nails, per bot. $1.
(Telephone No. '50.) Nos. 22 & 24, QUEEN'S ROAD CENTRAL "Hongkong, 20th July, 1891.
BY APPOINTMENT.
[37
WINES AND SPIRITS. A. S. WATSON & CO., LD.
ESTABLISHED A.D. 1841. MANUFACTURERS OF
WATERS,
AERATED
"
Our New Factory hat bien recently refited with automalle Steam Machinery) of the latest and most approved kind, and
we are well able to compete in s
quality with the best
F
English Makers.
The purest ingredients only are used, and the utmost care and cleanliness are azardsd in the manufacture throughput. - LARGE BOMBAY
" SODAS”
We continue to supply large bottles as heretofore, free of Extra Charge, to those of Hour Customers who prefer to have them to the
ordinary size.
COAST PORT ORDER 5, whenever practicable, are despatched by first steamer leaving after receipt of order.
FOR COAST FORTS, Waters are packed and placed on board ship at Hongkong prices, and the full amount allowed for Fackages and Emption when received In good order.
Counterfall Order Books supplied on applica
tion.
Our Registered Telegraphic Address is, "DISPENSARY, HONGKONG, And all signed messages addressed thus will receiro prompt attention.
The following is a List of Waters always
kept ready in Stock ;-
PURE AERATED WATERS
SODA WATER - LEMONADE
POTASH WATER
`SELTZER WATER
LITHIA WATER
SARSAPARILLA WATER
TONIC WATER
GINGER ALE
GINGERADE.
No Credit given for bottles that look dirty, of greasy, or that appear to have been used for any other purpose than that of Containing Aerated Water, as such bottles are never used again by na,
S
A. S, WATSON & Co., LIMITED, Hongkong, China, and Manila.
TO SUBSCRIBERS.
In New York on the 'gth inst.
The departure of the steamship Garlic is post Paned to Wednesday, the rath inst, at 7 pm. TALKERLY-Yes; I was lost for two days on the desert once. Old Sosk (enviously)~What a magnificent thirst you must have had
An Irish girl at play on Sunday was accosted by the priest with "Good morning, daughter of the devil," to which she meekly replied "Good morning, father."
WHEN a young man sits in the parlor talking nosenie to his best girl-that's capital in when he has to stay in of evenings after they're
married--that's labor..
,
SHE apled her spouse in the dining-room,
A-kissing the mald, Foxy: And he said, to prevent a lecturing boom,
"I'm kissing you, by proxy."
THE number of Chinese coolies in Deli, Langkat, and Serdang on the 1st May 1891 amounted to 44.000, while the other nationalities represented the labour force there, raise the total to 62,000,
"A wire's bosom should be the tomb of her husband's feelings," sayeth an exchange. We will admit that it ought to be, but from the ap- pearance of many of them we are led to bellove that it is a sepulchre for the entire cotton crop of
the North.
SAYS the Singapore Free Press of a late date. "A Chinese cooly fell from the wharf into the water at New Harbour at 9 P.M. yesterday and was drowned, the body being recovered two
hours later." Does this refer to the manner, or the man?.
As will be seen from our Meteorological register, Dr. Doberck reports that a long hard earthquake and several others were felt at Balinas between assert that at 2.10 p.m. ca Monday last, a slight 11 and 11.30 p.m. on the 5th.* Some residents earthquake was felt in Hongkong.
TEACHER "You must not come to school any more, Tommy, until your mother has recovered from the small-pox." Tommy-"There ain't a blt of danger. She ain't going to give me the small-pox. Why, how is that?" She's my stepmother. She never gives me anything."
The Military Commission in reporting on Australian Defences recommends the armament of Thursday Island as a second-class coaling station, and also the establishment of a simple form of defence at Port Darwis to protect the landing-place of the Easter Extension Cori- Fany's cables there.
COUNSEL (concluding the cross-examination) "You asserted that you and the woman with you, Uncle 'Rastus,were man and wife?" Uncle Rastue (the witness)" Yes, sah. Yo see, I wahder man, an' de lady wif me was anndder gemman's wife; we wab man an' wife ; dat's kerrec, sah."
STANLEY, with somewhat diminished forces, still marches on through Darkest Slugapore, and although he tried his chances against "Held by S] the Enemy," the light, in the shape of silver, does not seem to dawn on him. He to a plucky old General though, and a good man too, and will get there just as his namesake did.
UBBORÌBERS TO THE HONGKONG TELEGRAPH" ARE MOST RESPECTFULLY
REMINDED THAT 'ALL SUBSCRIPTIONA|
MUST BE PAID IN ADVANCE.
he
Fonghong Telegraph.
HONGKONG, FRIDAY, AUGUST 7, 1891.
TELEGRAMS.
THE PREMIER AT THE MANSION
HOUSE
و
We learn that Mr. Tso Ping Lung, the Imperial | Chinese Consul at Singapore who was to have had the honor of representing the Flowery Kingdom in Hongkong had the Consulate been enablished here," has been promoted by the Chinese Government to a Mandarin, of the second rank, in recognition of his long and valuable services.
A BLIZURE was made by the Customs at Canton on board the steamship Fatskan yesterday, just As the vessel was leaving, of a variety of goods which were found in a large oven in the cook. 100m, The Company behaved with promptness and there has been a general clearanceto-day of all the Chinese concerned. Captain Risby displayed great energy in un-earthing the culprits.
THE accidental omission of a word of even three letters very often materially alters the tense of a "para." In last night's issus in giving the conditions which members of the Rifle Association are to observe whilst practicing the rule affecting Portion should have read- Standing or kasellag at 200 yards, sitting, kneeling or prone at 500 yards, and at 600 yards,
A FIRE brake out this afternoon in a shop at No. D'Agullar Street The premises were supposed lobe occupied by Chiness, but appear to have been empty except for the presence of a soda-water machine in one of the corners. When the Police urived, flames were seen to be issuing from two reparate sides, but by the timely use of several buckets of water, procured from the neighbours, the flames were subdued before the arrival of the Fire Brigade. The doors and windows 118 much damaged, and altogether the origin of the fire is a mystery,
LONDON, July 30th, The Marquis of Salisbury, speaking at the Mansion House, said he never knew European politics so tranquil, as at the present time, Hey." dwelt on the importance to be attached to the pacific sentimenti expressed by the Emperor of Germany in his Majesty's recent speech at the Gulidball. His Lordship also said that the Impending visit of the French Flect to England will receive a welcome that will be a guarantee of the friendship and good understanding now. existing between Great Britain and France,
THE IRISH M.'s P,
July 31st. Mesir. Dillon and O'Brien, having served their term of imprisonment,, have been released, They have both declared against Mr. Farnell.
RAUB.
The following telegram has been received from Mr. Bibby, mine manager at Rasb-
RAUB, July 31st, 3 p.m. Mill in idle from want of water. Stopped run- ning 30th July,
|
Tax adjourned inquest upon the body of the ampan woman Fung Kul, who was drowned in the harbour on the 29th uft, was resumed at the Magistracy this morning, A soldier named Harper in the R. A., gave evidence to the effect that on the evening in question he was sitting on the steps of the R. E. pler, and that on hear log shouts to the effect that a woman was drown. ing, he swan out to deceased's assistance, who was then clinging to an oar, but not being an expert wimmer he could not render much assistance He, however, got her to take hold of the or, and Raub Hola,--North Drive looking well. with the help of a man belonging to the EE. Prospects remain unchanged.
he tried to tow her on shore, but deceased was This information, saya the Singapers Pres able to cling on, and sank. His Worship, before returning a verdict of recidental drown- Press, simply means that the prolonged droughting, read a severe lecturs to the woman who from which, Pahang has suffered, to the yesterday stated that she had seen some soldiers "Almost antike" "stoppage of river trafic from the | pull the deceased into the water,
A CERTAIN young man of Hongkong, knowing young lady of whom he imagined himself enamored, and understanding the language, of flowerssent her a beautiful rose as a declaration of his affection, sitaching alslip of paper on which sphere for ever? In return the fair one for was wiliten "If not accepted Tahill quit this warded a fresh green mango, (man, go ) See?
Fact. Next please.
A PARTY of Amoy tiger hunters on their return recently, from the banks of the upper Dragon River with a couple of gigantic specimens of the amateur, was asked "How do you like tiger Tigris Regalis, one of the hunters, being an houting "Ah," he replied, "diger hunting is very good, and exciting sport while you are hunting the tiger, but if the tiger turns and bunts you, has its drawbacks,"
WITHIthe prescribed limits of a decent mourn- ing card, one of our Singapore contemporaries tablishes the bald obituary of the Singapore share market, and dates the demise of the same as occurring on the 31st ultimo, Why this facetiousness? We are very much "alivo-o,' but have refrained from singing a requters over the ashes of our own. Rialto. Luckily too, for It le fast reviving,
The British Medical Association now numa-
bad and doubtful accounts (except those referred to below), emount to $1,027,645.31...
After making these transfers and deducting remuneration to directors, there remains for Appropriation $818,547.57, of which the directors sailings per share on the old shares, and one recommend a dividend of one pound and ten pound alx shillings and three pence per share on the new shares, which at 4/5 will absorb $516,666,67.
It is with much regret that the directors have THE action brought by Mr. W. St. John Hancock from the reserve fund to credit of profit and loss to recommend the withdrawal of $1,290,901.36 against Mr. J. A. Barretto to recover $470, account. This sum is required to make up architects fees, was tried in the Summary Court total of $1,470,000 to be placed to contingent before Mr. Justice Ackroyd' yesterday, Mr. Reece appeared for, the plaintiff and Mr. Rodykccount in order to provide fully for had and doubtful accounts sustained through the many for the defendant. Mr. Rodyk appealed to the fallures and the depression of trade during the Judge for a further extension of time, inasmuch
past half-year as he was unable to properly defend the action' in his client's absence, but Mr. Resce on the part of the plaintiff losisted on the action pro- ceeding. His Honor said he had us authority any case he would grant a new trial should the to grant the extension of time asked for, but in defendant ask for it on his return to the colony. Mr. Rodyk further stated he had already offered, without prejudice," a sum of $100.00 before refused. The plaintiff in the course of his the case enme into Court, but tbls had been cross-examination made some very interesting have had the good fortune to have bad business admisalons, interesting to those especially who dealings with him. Among other things, he said it was his practice never to sendin bis bills unless they were asked for, which certainly shows a spirit of leniency worthy all praise, and a kind warm heart." We further stated
rate at which the dividend is declared, and a/a, The difference in exchange between 4/6, the the current rate of the day, amounts to $208,008.65 profit and loss account.
The balance $113,872,25 to be carried to new.
The increase of the Bank's capital has been successfully completed and it now stands at $10,000,000. The calls have been fully paid-up and the net premium on the new shares amount It was n an account of Mr. Barretto'sing to $1,490,901.16 has been placed to the credit of reserve fund, which now stands at $6,300,000:
DIRECTORS.. nnection with the "Marina" and Shamecu
Hotel Companies' that this litigation took place, although as a matter of fact this action was only commenced on the ere of the Hancock's refusal to delay the trial until, Mr. departure of Mr. Barretto for Timor, and Mr.
Banetto's return is certainly somewhat inexpli- cable. However, judgment was given for $310.00 (execution belog stayed for a month); this being but fro.co more than the amount offered previous to the trial, the judge remarking In the course of tls judgment that Mr. Hancock tried to get every sixpence, he could out of the defendant; that his account was unsupported
bers 13,500 members, and is spreading OT MY the whole of the British Empire, large branches being founded in the United Kingdom, India, Australia, Canada, West Indies, Jamaica, Hongkong, the last formed colonial fifty-alath annual meeting was to have been branch being an important one for Burmah. Its held at Bournemouth during the four days had his bill been a reasonable one. ending July 31.
WE learn that news was brought down this morning by the Canton steamer, that a bag con- taining papers belonging to Mr. D. Caldwell had been found in the Canton river about a week ago and that, as we have already reported, the body of a foreigner was seen floating on the river and was buried without much ado consequent upon to one being present to identify it. It is currently reported that the body was that of Mr. Caldwell, but this we refuse to believe for a moment, and only give expression to the rumor hoping that it will still the gossip that can only bring useless suffering to these most nearly concemed.
THE Locomotief says that the Australian meat now supplied to the army in Java under contract with a Batavia firm'sa' zuils the taste of the
troops that the consumption of the article among them has grown considerably. The consequence is that the commissariat depart ment intends to get the meat cheaper on the running out of the present contract, by dealing tion with this we believe that it is the intention direct with purveyors in Australia. In connec- of the South Australian Government to grant a pretty heavy subsidy to a Company, now formed, exportation of Australlan meat to Java, Singapore or on the point of being formed, to encourge the
and Hongkong.
YESTERDAY afternoon Sergeant Baker made a raid on "East Bungalow," (a house situated at the Peak, and at present the residence of Mr. Stokes) with the Intention of surprising a nest of gamblers. Nine men and boys were bagged, who in professional life belonged to the various domestic ranks. They were caught red-handed, but owing to the unsatis- factory manner in which the lukong who was sent in first, gave his evidence, his Worship could only convict six of the accused, whom he fined $35 cach, with the alternative of 6 weeks band. We believe that Sergeant Baker had been watching the house for two or three days, but as the gamblers kept a watchman on guard on the verandah, the rald was postponed inntil a friendly fog came hovering around.' [It will be rather interesting to watch subsequent events; for if this was a private house we presume the matter will not rest where it now is.]
column gives a more comprehensive report of A LATE telegram which we publish in another Lord Salisbury's recent speech at the Guild Hall, than the short message wired to us direct by Reuter. The whole substance of the Premier's speech seems to infer that Britain has no Intention of entering into an entangling alliance with either France or Germany, and that she intends to keep her hands clear to act, when the time comes, as she thinks best for the nations' welfare. This is as it should be, and no British administration should commit itself to any other policy. There is in reality no necessity for us to embroil ourselves in any European quarrel, and as all treaties will be worthless in the event of a general European war, we can keep entirely clear of complications by moderate degree of fairness in our inter national relations. The beauty of this as a national project stands out clearly in comparison with a recent event when, at the Brussels Slave Convenidou, France found it impossible to join the decree of civilization against a trade which is act only iniquitous beyond measure, but is depopulating the Dark Continent, No, we do not require an alliance either with France, Ruseli, or Germany; Great Britain is perfectly wall able to take care of herself, and we trust no administration will be un-English enough to put It under the tutelage of any ambitious foreign Power. Nothing fingo about us,
It does not seem to be the business or the intention of any one in particular to inquire into the conduct of the overacer, or overacers of the P. W. D. who "boss" the never-ending digging up and laying down of Queen's Road. Nobody ever does Inquire into the actions of men of this description somehow, and they are allowed to salinne in their course, whistling in all probablity the music of the fint grave digger in Hamlet." It would be like foolish and childish to complain of necessary repairs of alterations that the responsible officials deem desirable to be effected in the public streets, but what the taxpayers have an absolute right to protest against is the wanton waste of their money, Is it rank stupidity or neglect?. It in only a few weeks since Queen's Road was opened up throughout its baslast sections, one part, apparently finished, was laid down again and the business people most affected hoped that it was for good and all, but the P. W. D. thought otherwise and heigh Prestol, up comes the same old poisonous soll again. We refer particularly to that Recilon of the street lying, between- Mases. Watson & Co.'s and the Victoria Hotel, A splendid source of income is being neglected by the Government in connection with this matter for why not erect a fence around Queen's Road, and turn it into a place of amuse- ment In view of the present system of excavating through the medium of blasting-powder, a roundi sum might be charged. On those posts which now bear warnings to unwary pedestrians, why not attach a notice somewhat as follows
'Reil up 1. Pay to Conts to see a real live.coolie blows up. Whfts men double price,”
by the evidence of any of Mr. Hancock' profes- sional brethren, and that Mr. Hancock would have had no difficulty in procuring such evidence
LATE TELEGRAMS;
LONDON, July 18th, The Board of Trade has ordered the detention of the steamskip "Rohilla" in order that a survey may be held to ascertain the cause of the itempipe. The explosion of ber main "Rohilla" ruaning 'will be taken up by the "Bokbara."
Sergeant Milner, of the 2nd Derby Regiment, is the winner of the sliver medal of the National Rifle Association in the Queen's prize.
VANCOUVER, July 19th. Four midshipmen of " Warspit ", the flag-ship 'on this sintion, are missing from their vessel.
They were last seen canoeing in the straits.
BUENOS AYRES, July 19th.
suspended payment owing to the operations of The English bank of the River Plate bas the Argentine Bank. It is stated thatthe bank's Hablities amount to four million while the assets are estimated at six million.
LONDON, July 20th. The police yesterday arrested the members of a Salvation Army hand at Eastbourne owing to a riot being imminent with the inhabitants, who revented the disturbances created by the Salva tlonists in the streets.
Mr. W. H. Forbes and Mr. H. L. Dalrymple
The following delegates will attend the have resigned. The directors invited Mr. E.'L.
Oriental Congress-for Italy, the Italian, Am- requires confirmation at this meeting. Woodie to join the board which appointmentbassador: for Russia, Minister Esoff; for France Principal Aymoneer; for Greece Professor Carolides.
Mr. G. E. Noble owing to ill-heath has retired from foreign service and Mr. F. de Hovis has been appolated Chief Manager. Mr. T, Jackson. resumed charge, with Mr. E. Cameron, of the London office on 1st May.
Mr. Wade Gardner assumed charge of the Shanghat Branch on 1st June in place of Mr. J. Walter, who at the request of the directors, will make a tour of inspection prior to his retirement.
AUDITORS..
The accounts have been audited by the Hon. Phineas Ryrie and Mr. Fullarton Henderson,
Owing to increase of work the directors recommend the election of a third suditor.
J. S. Mosza,
Chairman.
Hongkong, 6th August, 1891.
ABSTRACT OF ASSETS AND LIABILITIES, 30TH JUNE, 1891. Etabilities.
A CORRESPONDENT of the Free Prun in wilting, about the Landakdistrict which lies onthe North- western corner of Borneo, says, that generally speaking the country is undulating and well wooded, large open tracts existing where the Dyaks plant pad. The population is distinctly sparse, however, though the commencement of mining operations would no doubt attract many. Higher up the country becomes monn- talnows and numerous beds of lava are met with, one flow being about 25 miles across, Miserally speaking the richest bed is that containing diamonds, through which the river has waiked its way and has acted-ns à natural sluice. As a rule the water ls too deep for the natives to do much in the way of diving, bat when the water is low, say down to 16 feet, hundreds of Malays exploit the bed of the river | Notes in circula- near the bars, bringing up the gravel which they wash and search for the diamonds. The
base of this diamondiferous bed is sandstone and it is where the river breaks over the reels of sandstone that the gravel in sought, Between the bars, the depth is too great. as $15 per day by this primitive method of Some of the natives are said to earn as much working, which gives an Idea that with proper apparatus and engineering skill there is money reels are also found distributed over the country to be made out of diamonds in Landak. Many
containing gold. They prospect well and should pay a handsome dividend, if worked on a large scale. The returns at hand are not very reliable, | s there are so many outlets to the country at pre- sent, but at Nabong about goo tahll of gold and 3,000 carats of diamonds may be taken as a fair' estimate. Labour is to be got very cheaply from Java. There the average rate is but 18 cents a day, and the afdals would no doubt be glad to do all they could to facilitate the opening out of Landak. The climate up the river is excellent, although fever attacks the careless ones in the lower parts of the country. No export duty is put on gold and diamonds and the officials, like the majority of afficials in Dutch Borneo, are courteous and willing to give the stranger avery aulitance.
THE LAND OF USED-TO-BL James Whitcomb Rilty, Beyond the purple, hazy trees
Of Summer's utmost houndaries: Beyond the sands-beyond the seas- Beyond the range of eyes like these,
And only in the reach of the Enraptured gaze of Memory, There Ifes a land, long lost to me,—
The land of Used-to-be.
A land enchanted-such as swung Ingolden seas when stress clung Along their dripping brinks, and sung
Jason in that mystic tongue
To
That dazed men with itä melody- Oh, such a land, with such a sea Kissing a shores eternally,
Is the fair Used-to-be.
A land where music ever girds The air with belts of singing birds. Aud sows all sounds with such sweet wards, That even in the lowing herds
A meaning lives so sweet to me, Lost laughter ripples limpidly From lips brimmed o'er with all the glee
Of rare old Used-to-be.
Lost laughter, and the whistled tunes
Of boyhood's mouth of crescent runes. That rounded through long afternoons. To serenading plenilunes—
?
When starlight féll so mistily That, peering up from bended knee, I dreamed was bridal drapery
Showed over Used-to-be. land of love sad dreamy thought, And shining fields and shady spots Ofcoolest, greenest grassy plots, Embossed with wild forget-me-nots
And all ye blooms that cunningly Lift your faces up to me Out of the past, I kiss in thee The lips of Used-to-ba. And love ye all, and with wet eyes. Turned glimmeringly on the skies, My blessings like your perfumes rig Till o'er my soul a silence iles
I
Sweeter than any song to me-- Sweeter than its melody *Or its sweet echo; yes, all three**
My dream of Used-to-be,
HONGKONG AND SHANGHAI.
BANKING CORPORATION.
The following is the fifty-second report of the court of directors to the ordinary half-yearly general meeting of shareholders to be held at the City Hall on Saturday, the 22nd August, at
DIDOR S***
The directors have now to submit to you a
general statement of the affairs of the Bank, and balance sheet for the hall-year ending 30th Jane, 1591..
The net profite for that period, including $120,377.54 balance brought forward from last account, After paying all charget, deducting Interesi paid and doe and making provision for
Paid-up capital Reserve fund ...$ 5,100,000.00
Premium on new shares
2,490,901.36
Marine Insurance account......... tion $ 6,347.958.56 Depotits. 111,416,451,26
Bills payable (including drafts on Landon Bankers and short sight. drawings on London office against bills receivable and bullion shipments)...... Profit and loss account...........
Assats.
$10,000,000,00
7,599,901.36 250,000.00
117,654,409.82
21,357,070.59 1,027,646.31
$157,890.027.08
*****$ 29,919619.99
Cash....................... Investments, viz.:—
£100,000 2§ per cent. Consola £150,000 3 per cent. Indian
Government Sterling Loan, The above lodged with the Bank of England as a Special London Reserva... $1,480,519.48
Ra 5,725,000 In
dlan 4 per cent. Govt. Loan......2,552,418:02
Bills discounted, loan and credits Bills receivable..................... Bank premises...samma sa Dead stock...2(+1662451188916
July arst.
Mr. De Cobain, member for Belfast, East, who has been rammered to attend the House on aard instant, in now at Boulogne. He has applied for permission to defer maiding his Appearance in the House on the ground that be is in 1-health.
LISBON, July 21st.
A monetary crisis has arisen in Portugal and of workmen have been held to protest agalust. the situation is most serious. Numerous meetings the state the trade of the county is in, and Republican cries are being raised.
CAIRO, July 1st. Cholera is increasing at Mecca and has also appeared at Moona (? Medina), 20 deaths - occurred at Mecca on Saturday and Sunday last, the victims being chlefly Turks.
July 22nd.
In consequence of the outbreak of cholers at Mecca & guarded quarantine camp is being formed at El Tor, and other trecautionary measures are being taken by the Government to prevent the cholers reaching Egypt.
LONDON, July zznd. In the House of Commons last night, Mr. Goschen stated that the Government proposed to postpone taking action In the matter of the" attendance of Mr. De Cabain until the Speaker the state of health of the member for Belfast obtained independent medical evidence regarding
East. Yielding, however, to the objections of Sir W. Harcourt, Mr. Healy, and other members, Mr. Goschen agreed to further consider thỏ. matter.
The following is the result of themes for the Liverpool Cup Handie p:-" Rathbea!" first, "Benedict" second "Birnaby " third.
·It has transpired that last week some insubor- dination occurred amongst men of the second battalion Coldstream Guards at Wellington barracks, which was promptly suppressed. The grievance alleged by the men is the excessive drills to which they are subjected.
I
July agrd. At the National Rifle Association's meeting yesterday the Kolapore Cup was won by the mother country with a score of 67%, India belog last in the competition with a total of 598,
July 18th. Mr. Chamberlain speaking at a luncheon 4.041.937.50 given by the Mayor of Birmingham to the 67,697,031.39African chief Guingunhans, said that the expan 60,047,094.57sion of the British Empire has not yet been 1,021,696.60 brought to an end. England, he said, already 131,647.93 has control of the best parts of Africa, and in Egypt she had the fuest cotton-growing country $157,890.077.98 In the world.
PROFIT AND LOSS ACCOUNT, 30TH JUNE, 1891. Dt.
To amount written off:-Remu-
neration to directors......
To dividend account -
1.10 per share on
60,000 shares.
£90,000 at 4/6...$400,000.00 Proportion of divia-"
end on 20,000
new shares at
£1.6.3 per share
===£26,350 21 4/6 116,666.67
To dividend adjustment account: -Difference in exchange be- tween 4/6, the rate at which the dividend is declared, and 3/2), the current rate of the day To contingent account:-Amount"
set aside to meet losses......... To balance carried forward to
next half-year.
By balance of undivided profits, 31st Decem
ber 1890 kozar$120,377:54
By amount of net profits
for the six months
ending 30th June,
1891, after deducting
all expenses and in-
terest paid and due... 907,268.67
By amount transferred from reserva
fund
10,000,00
THE LAW OF DEMAND AND SUPPLY.
When those who own the earth wish to pere petrate some new swindle for their own profit and for the further exploitation of the poor, they are always careful to explain that their actions ars directed by the "unchangeable and inexorabla law of Demand and Supply." When wages go down, as they invariably "do unless forcibly sus- tained by the combleation of Labour, this (nviti- ble and impersonal influence is aloperesponsible, 516,666.67 and when wages. go up, which happens occasionally, they always rise in defiance of the unwritten code of industry, for which reason the. organs of Capital are filled with ominous warnings of evil to come through the sinful unreasonable- ness of the aggressive taller. Consequently, through much vociferous Iteration the world has 1,470,000.00 at last accepted the theory that the Law of Demand and Supply is a purely external 113,872.23
power which, like, the Delty Itself, is placed beyond human control, and f) is generally 3,518,547-57 understood, that sooner or later this unseen
208,008.65
1,027,646.21
force, will have fis way, and that it can no more be stayed in its: course than the stars' themselves, Very few attempt to enquire why It is that the Caplislist' should be the high priest and interpreter of the commercial omcle which Invariably prophesies for his benefit. When the inspired seer Joseph Smith received divine revelations regula:y, and every revelation, sup ported by Smith's evidence alone, set forth that some new effort must be made for the further glory of Smith himself, the devout Mormon obeyed in wonderment, and only prayed at times 'that his apostle might be inspired to keep awaka ***** 1,899,901.36 | a little more, and to ease off in his communion with the voice, of Providence....... And similarly, $2,318,547-57 | when the utterance of the unseen god of com
meres Informs the Capitalist that circum. „stances require that wages should go down, or that the hours of Labour should be extended, the world; too often merely expresses its regret that the Law of Demand and Supply should require the sacrifice, and submits more or less reluctantly. Who or what this law is, or where it is to be found, or by whom it was ine vented, very few can tell. In common with the **** 5,100,000.00 Devil, it bear the responsibility of every ........... 1,490,901.36 fraudulent action which nobody is responsible for, and, like the Devil, is in itself responsible for $7,590,901.36
nothing, because nobody can find k or call it to account.com N
RESERVE FUND.:-
To amount transferred to profit and loss account ..............................ANDO To balance on 30th June, 1Eginia's
By balance 429-3198413918 By premium on new shares
1,290,901.36 0,000:00
$7,590,901.36
Į. 8. Mosks, ST. MICHAELArx, › Directors, A. MCCOMACHIE,
F. DE BOVIS, Chief Manager V. A. CÆSAN HAWKINS, Chief Accountant, *We have compared the above statement with the Books, Vouchers and Securities at the Head Office, and with the retares from the various Branches and Agencies, and have found the
me to be correct
· P. RYRIE, *** F. HENDERSON, Hongkong, 6th August, 18917
Auditors.
The basis of this great economic force is the desire of the privileged class to get all it wants, and give" nothing, or sa little "as possible, in return. Consequently, the law of demand and supply has always fixed the maximum of labour as high and the minimum of remmeration a tow as the privileged classes had power to fix them. When the capitalist was hacked up by violence and armed force, so that he could exact labour on his own terms, then the unwritten code of industry always reduced the reward of labour to the lowest point. 8o foar au-slavery was lawful, the political economist who owned
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