Mr. Taylor Bat I am alluding to a question of account; you have $100,000 invested in good-will, and when you go before the public with a reserve fond ofg195,000 on your balance
sheet, you are misleading the public.
The Chairman-Very well; that it your opinion, and you are entitled to it. It is the opinion of the reseml body of shareholders, of codrac it will carry great weight, but litla only an fiolated opinion held only by yourself I shall not attach any weight to it whatever.
Mr. Taylor:Then I will move a resolution "that the reserve fund be written down from $195,000 to $95,coo and goodwill written off" and then we will mea 1
The Chairman:-If you choose to do so when I propose the adoption of the report and state-. ment of accounts it will be open to you to put an amendment, which you can do, and we will take the sense of the meeting on the subject.
Mr. Taylor:-Very well. The next point I have to mention is $53,000 in Hongkong and Shanghat Bank shares. If this Company to go- Ing to become a gambling factor in the share market, I think the sooner the shareholders are Informed of it the better1
The Chairman Gambling factor," I think you vald, Mr. Taylor?
Mr. Taylor: Yea!
Fr
The Chairman :---You consider an investment in Hongkong and Shanghai Banking Corporn. tton shares to be gambling?
Mir, Taylor:—Yes. I wish to show that fi is not an investment, because on the other alde of the account you will find a deficiency, under
Local and General Liabilities,” $168,000. The Chairman 1-Stop! One question at a time, please. Have you any questions to ask about the Bank shares? You are now making statements, not asking questions, and I cannot -go into ball-a-dozen things at once. I asked if there were any questions, and I do not want to know your opinions; I simply want to know whether you have any questions to ask in refer
ence to the balance sheet.
Mr. Taylor-Well, how can I ask questions without making some remarks in explañsilon?
The Chairman:-Yes, but you state your question firal and then you comment an it your. sell I have not only to consider my own time and that of others, bat to keep the limits of the discussion withfa reasonable bounds. I wish for the failent possible inquiry and the fullest possible Information; but a question is a ques iton f' If you will state your question, we will answer it and then you can comment on it or show your reason for asking it
Mr. Taylor-Well, I will pass all that, and now I will ask a quenlon, "Will you toi me why the North China Insurance Company shares and the Horgkong Fire Insurance Company shares, now set down at $1,770.46, were in 1889 set down at different figures? Why do they go hopping up and down every year ? Why do they not stand all at cost?
The Chairman:-Oh, you have dropped the question of Bank shares then ?
Mr. Taylor. Oh, no i
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THE HONGKONG TELEGRARH, SATURDAY, MAY 20, 1893.
must. be, you would think it only could be, lavented by somebody who has something to gain by it, or who wishes to make somebody can lose by it. In reference to these Bank shares, the amount is qacation represents 200 shares, bought (mmediately after the new issue of Watson's, when wo had surplus money in hand and wished to get interest on it until it could be absorbed lo our own business in dus course. The shares were bonghi en noth June last, at 108 per cent, premium, the rate of the day belog'rio. They were bought through a broker (whom I do not see present in this room now) Me John Grønt,
Mr. Wicking-Then these shares show no loss?
Mr. Wicking-Your remarks may be very funny, Mr. Taylor, but I think they are very much out of place, like many of the remarks you have not in the interests of the Company, but you make yourself ridiculous, as you naturally are, by nature, and I am pony for you!
Mr. Taylor:Think you, Mr. Wicklog ! The Chairman deprecated personalities and asked if there were any more questions.
There belag no more questions, the report and accounts were passed, on the motion of the Chairman, seconded by Mr. Wicking.
On the motion of the Cha'sman, seconded by Mr. Wicking, Mr. V. A. Cosar Hawklos was re-elected auditor.
TheChairman:-That conclades the businers, The Chairman:-No; £400 have been received gentlemen; dividend warrants will be ready an in dividends, and the broker's note can be Tuesday, Monday belug a bank holiday. shown to anybody who likes to see it.Mr. Wicking was understood to opine that Have I fully answered your question, Mr. Mr. Taylor had "more than b Hough? Is there anything else you want to Mr. Taylor If you turn yourself upsides know 7
down you would. be properly dressed with asses
Mr. Hoogh:-Nothing else, sit, thank you! Mr. Wicking mentioned a current report that Mens. J. D. Humphreys and Son, or Watson & Co., had been largely speculating in Bank shares: Now the rumour turned out to be atterly untrue, but it had for a time seriously affected the stock of Watson & Co. It seemed tó have been 'n most malicious, uncalled for, and unjustifled assumption. The Bankshares showed
■ profit fontend of a loss to Watson's, and the råmour must have been spread for dis- honourable motives, and it was a great shame. His (Mr. Wicking's) interest in the Company amounted to 3,000 shares, and he had never paried with share, but when be heard the rum-- cur he was greatly alarmed, until he learnt from Mr. Humphreys that it was only matter of utilising spare capital. Anyone who knew the Hongkong and Shanghal Bank, as most of those present did, would agree that there was no security Watsons could have more judiciously or safely or soundly chosen for lovestment than
this.
Mr. Taylor thought the explanation of the Bank share business perfectly satisfactory, but the shares ought to be realised now because Watson's showed a debit instead of balance.
credit
The Chairman -Where ? Mr. Taylor:-"Local and General Liabilities $168,000,"
The Chairman-Allow mie, Mr. Taylor, to remind you that I am not at the present moment answering statements, but only questions.
Mr. Parlane: I think we are entitled to some further explanation about the $6,000 loss on two European branches. Which brauch, and what are the details ↑
The Chairman: These are two separate questions ; Mr. Taylor was first on his legs.
Mr. Taylor:-Very well my question fa-will you sell these two hundred Hongkong and Shaeghal Bank shares at current rates as soon | as you can ?
The Chairman:-1.will sell at what I think the most judicious moment ie the interests of
The Secretary mentioned that it was Mr.the Company, (Applause.) Hough who had mentioned Bank shares.
The Chairman Wel', I will dispose of that
Mr. Taylor:-That is quite satisfactory, will give you some explanatios. In point of The Chairman: It reference to abilites fact I gave it at a previous annual meeting,
cars ..
Mr. Wicking: Mr. Taylor, you are naturally. a fool
.
Mr. Taylor was so impressed, that he promptly sat down on his neighbour's bat.
This concluded the proceedings..
THE HANKOW TEA MARKET.
The Habkow correspondent of our Shanghat morning contemporary writes onder date. May 11th ---
Musters of almost all descriptions have now been placed on the market, and as a whole quality is disappointing as natives on all sides predicted an extraordinarily fice crop,
have to be compelled to give it as our opinion the fair name of the United States as well as the that such roles have the effect of injuring both friendship between our respective countries. We bave the beaour, therefore, to request that the government of the United States will reconsider this as derogatory to the dignity of China, owing to the unjust treatment of her subjects, and that Your Excel eacy will be good enough to transmit in memorial to the President of the United States our strenuous protest against the new, or Geary Bill, which your Excellency has been good enough to hand us and to which this is a neces
Treaty of the 17th of November, 1880, between China and the United States, Chinese such as missionaries, students, merchants and tourist, with their body scrvants and employees, as well as labourers who had already resided in the United States, Fre not included in the prohibi- topbare allowed: to go about or enter the countryst, their pleasure, in order that they might reap the full advantages of the favoured nailon clause. In the prohlaftory law of 1884 Art. I also makes it clear in this respect that the law is not to apply to Chinese labourere whe entered the country before the 17th of Novem bes, 1880, nor to such labourers as might entersary reply, the country within ninety days after the date of the operation of the law. As to the classes who are not included in the prohibition so much the more are they exempted by the provisions abov stated.
(Sd) Prince C'ING and the Ministers of the TSUNG-LI YAMEN.
VLADIVOSTOČE
The Nagasaki Express gives the following notes translated from & Vladivostock contem porary:-
LIST OF STRAMERS ENTERED AND CLEARED
AT THE PORTS OF VLADIVOSTOCK AND NICOLAITSE, 1891-97.
Vladivostock.
1801. Vessels, Trun
41 39.934 ........30 21,947
But in the new Act of the 5th of May of the present year the word "Chinese" is used with, out any distinction, and it also says: "They are not allowed by law elther to enter or to remain within the limits of the United States, We should like to know whether "by law is meant the law that has been agreed upon between our respective countales. Again, Art, III of the new Act states, that: "In the event of Boy Chinese stopping in the United States he should have some substantial proof of his right to do so should he not be provided with such proof Russiau he shall be punished by the law provided in German cases where a man is living within the limits of English the country against the staates of the country.
Norwegian.. We like that Chinese labourers went to America Austrian.............. on the strength of the Burlingame Treaty of 1867 American (Tung Chi, 7th year). If the Government of the United States desires, therefore, substantial proofs "we would refer it to that treaty which is the most substantial of proofs. Or, it might take the Succeeding Treaty of 1880; Arts. II and 11 are all substantial proofs enough. The Government of the United States, at the pre- sent day, by its desire not to abide by treaty obligations and by endeavouring by the use of arblitary force to effect its purposes, has all the appearances of violating the spirit of its own Constitution.
Again there are such words as " arresting, im prisoning with hard labour, and fialog" la Art. IV. of the new Art. We have the honour to ask your Excellency whether the Government of the United States is in the habit of treating in this the labouring classes of other nationalities
to walk about Add finger everything they saw, upon one of the priests attempted to forcibly disturbing the priests in thele functions; where eject the disturbers. This was resented and, the men being armed, the unlucky priest received over a dozen sword cute and is now lying in a critical condition; while the other priest-there were apparently only two of them present at the time-received only a few slight cuts, Arlot then ensued, and the building was torn down by the natives who were led on to the deed by the newcomers.
A private telegram from Fcking states that Yarn Shik-kai, the Chinese Resident at Cores, has recommended the appointment of Mr. Tang Slao-yi, acting Consul-General in Corea, to take the Residency to the event of his (Ydian Shih- kal's) translation to the Wenchow Tautalahip, to which he has been appointed by Imperial' seat to both the Tsungit Yamén end. to Li Edict, and that this recommendation has been Hung-chang, the Viceroy of Chihli. "The post of Resident In Corea" says the recommendation of Yuan Teotai, “carries with it grave respon- abilities and requires a man who ban a thorough knowledge of Corean character, of the King and Ministers of bis Court, and of the people at large. He should also be a man of popularity Vasa Tosa
among both the Chinese traders as wall as the satives, and all of these requirements are pos 46 44,087 sessed by the Expectant Prefect Tang Sinoy! 4733,933 in an eminent degree." Mr. Tang, it will be 10 10,177 remembered, was one of the band of students 5,234 sent in 1872 to the United States by the Chinesa Government, who on thele prematurs return to 6
1,500 this country in 1882-s foolish nep caused by 23 24.518 the unfounded jealousy of a lot of old fogles at 138 117,447 of Shanghai, simply because these students were Peking-were much decried by the native press In the habit of despising the literals instead of meekly allowing these worthles to open their batteries upon them first-N. C. Daily News
7
9 9.513 9,662 761 1,649
6
31 19,706 Total..........120 103;173
Nicolaifik,
Vessels, Tons.
7,443 7,261
·6,148
#976
Rassian...ooya¶ [ German.............................. English...ina 4 Norwegian American
Austria......7949.
TO.................27 19,128
Vassel Tons,
51233 3,836
NOTES FROM CHINESE PAPERS
5,336
Forty Swedish miselonerics, men and women, 1,505 arrived ten days ago at Tangchow, neir Peking, 442 sa their way to Shansf. They did not, appear 783 to understand a word of Chloese, but looked
| happy and contented, 28 17,125
The "Glen" Boer Glengarry, and the Ocean unjust and cruce visit the United States stuck April 8th, and the last left on December of belonging to the band of ruffians ärid Incen
•
Of Klukiang teas, Ningchows are certainly the best yield, being for the most part very fair in cup and though in many cases the dry leaf is exceedingly bad, a noticeable feature is the almost entire abrence of tarry-favoured teas, Keeman teas are perhaps worse than last season and are generally flat showing great want of point and invariably have dark infusion.
Hankow kinds seem in cup almost above average, though of bad dry leaf. Oinfas and Youyuens seem the most desirable.
Business in all kinds has been slow, as oper ators are working on a rapidly falling market,
Co.'s Priam, have been advertised "as intended second steamers for London." The Mutual and whether they really understand what Shippers steamer Moyuns has not yet been meant by the favoured nation clause," Art. circulated :—
of the new Act provides that after the passing Gonam. Oopack. Klukizag, of the Act any Chinese who may be prevented i-chests &-chests, i-cheats from landing on United States ground will be 92,584 105.497 103,206 allowed to apply to the Counts for redress, hat 23949 23.130 17,825 he shall not be permitted to offer ball 82,365 85.381 pending the trial of his case, nor shall the QUOTATIONS. Freight £3. Exchange 4/1,
judge: be allowed to make any delay in doing so without sufficient, reasons for such delay, We find that in the United States, in cases where persons of other nationalities are Involved in Jawanits, ball is allowed pending their trial at the Courts. If a Chinese be not allowed ball whert, we ask, is he to slay when that a judge can not by cases withou some sort was shot on the banks of the Maike tiver, about waidag for bla trial 7 Moreover, it is but natural
During last winter an excepifonally largo tiger the old order of things, in this instance, be resorted to and that ball be permitte: Chinese pending a trial of their cases in Court,
Arrivals Settlements Stock ......68,635
Hankow t:S!-
..
Tis. Tie.
.
In 1892 the first steamer arrived, at Vladivo 30th. During the year fourteen cargoes of mis. cellaneous merchandise, consining of about 2400 tons, were shipped in foreign steamers from Vladivostock to Nicolaifak and Sagbalin whilst from Olga Pay, America Bay, and Southern Sagbalin, nine cargoes of seaweed, comprising 8.310 tons, passed through Vladivo stock, ex route to China ports. Daring the same perled, five cargoen of timber were shipped to China for use on the railway.
The public tender for licenses to fish for becke de mer in the vicinity of Posiet bry this year resulted in effera of rbis, 200 for one best and one diver, and ris, 400 for two boats and one
diver.
Seven of the miscreants, recently exptured by the military of Teao-ching Fu, and found guilty diarice who set fire to the Koyas theatre last autumn and caused the deaths of newly 1,000 women and children, were executed on the 18th allimo, at Kaoyso Hilen, The condemned men showed a denant front to the thousands of people who followed them to the execution ground with stones and execrations and who would have ten them to pieces had not the mandarins pro- mised to put the rafflans to death by the ling ck-th-or slow and painful procers. The promise, however, was not made good, the men being decapitated the moment they arrived at the execution ground. The populace made up for their disappointment by stainplag upon and
lations and friends in the conflagration cut off almost teating to pieces the corpses as they lay on the ground. Many of those who had lost ran
graves to ascrifice to the maues of their kindred,
Mr. Taylor-I do not think we want any Dopack Sungyong2400 30.00 10 a 18 of delay. "We would, therefore, suggest that forty miles from Vladivostock, under the places of the robbers' flesh and took them to the
further explanation about ft.
The
Kluklang teas:- Ningchow 1st pack......32.00 56.00 1/3 4 2/1 Keemuns
33.00 48.00 1/3) 01/10 Tonyder74.00 38.00 1/4 a. 116 Oxfa..................24.00 41.50 1/07 a 1/7
Y. L. Toong...13 00 31.00 111 a 1/3 The Chairman explained that $80,000 of it
Tongian 24.00 30.00 1/03 4 1/21 was the fixed charge on certain, property of the
Kokew... 9.00 22.00 to a 113 Company ever since it was formed.
Nipkarsee......22.50 25.00 111a tot remainder consisted of about £4,000 or coooonams, Cheong Sow
Shangtaum.10.50 15.00 6 a 8₤ fixed deposit, at a fairly low rate of Interest, in London, much lower than the
Kal
14.00 27.00 1/08 a 1/14 Oonams Pingkong and rate here, principally arranged by members of
Low Yong........18.00 11.75 91 113 his own family and persons Interested in the business. Adding this £4,000
- the total, the rest was only ordinary current lability, as in every business, fortnightly or monthly and so on. It was impossible to carry on a business without a small balance of liability. Probably Mr. Taylor bad cover beta connected with a bual-
who had would know that it could not be con-
Sus
Again Art. VI provides that -Chinese are to register themselves and take out passp: rts from the "ustom-house officers in their locality within one year from the passing of the new Act, when they will then be allowed to stay in the United States. If they fall to register them
TIENTSIN
following circumstances:-Four hunters, armed with Winchester rifies, went out late the woods, onstiger-bunting expedidon, eack branching out in a slightly different direction. One of them, a Foung peasant named Shankewlich, soon came acrour figer, at which he fired, wounding in the head. The enraged animal thereupon leaped towards his areallant, and was met wit been in Tientals the last few days. After the the cicct of stopping its career. With openmonth
(FROM A CORRESPONDENT)".
Tieztsin, roth May, 1893. The British Minister and Mrs. O'Conor have
audi ors. It does not seem to má tó ́make the | $80,000, and dedacting from £5,000 to the Conams, Ly-ling...13 00 13-75 8 a. 13 selves, ut the expiration of the year, they are to ballet in its chest. This, however, did not have | Minister had visited, the Viceroy, they both
presently, Mr. Taylor, if you will allow me, and If you will sit down. Your question is--why arG the North-China and Hongkong Fir shares stated at varying amounts ?--at $2,590.57 one year, $1,530.54 anoiber, 81,635.33, and in the present year $2,770.46 Well, the amount of the value of these asses is very trifling, and I suppose there has been an alteration made in London, where the shares are held ; the value is fixed there, and they come out here. As you say, they might remain at the same sgura year after year but you sometimer · have to do what you are told to do by the
silgbtest difference. The whole difference is only about $240, on the whole investment and this investment is not made for the purpose of realising, but to get the retura premin from the Companies on the marine and are Insurance
Me. Wicking-Are they not hold in sterlingness of any such description as this, but anyone valge?
Mr. Taylor:-No, of course not-what non- sense You have paid dollars for them, but their value in dollars differs every year.
The Chairman: The shares are always held by the London office, which ships our goods on! to us, and of course, the figures being so small you do not really take into account in the balance sheet the varying difference of about $140 to $240 In the valuation of these shares year after year.
Mr. Taylor-Thank you, sir. I have asked you why the figures are changed year after year, and as I understand you are unable to answer.
The Chairman I have told you why the figures are changed, and they ought to be changed. They ought to be charged in it the market value, if the amonut would appreciably affect the balance sheet, You are quite wrong in that also, Mr. Taylor. The shares ought to be put in at the market value of the shares every year, but the amount is so small that if it was emitted to be done, by some overnight, I would not be of the slightest conséquence to the general result,
Mr. Taylor1 am not asking anything about the general result,
The Chairman -When you say I cannot answer your question, you are quite wrong, I Lave answered it. Now, Mr. Hough, you had a question, I think.
Mr. Hongh-1 merely wish for a little-la- formation about that item in the accounts, $52,000 Hongkong and Shanghal Bank stock. My question was rather taken out of my mouth by Mr. Taylor, but I would like to have a little explanation of it,
|
THE GEARY ACT,
PROTEST OF THE CHINESE FOREIGN OFFICE.
The following is a literal translation made for the N. C. Daily News of a copy which has been sent from the capital of the reply of the Tsungil amen Mini ters to the despatch of Colonel Denby, United States Minister at Peking, dated the 4th of July, 1892, with reference to the
ducted without awing some money. Wages had to be paid at the end of the month and formed a Hability until pald, Reat was a Hability and so was everything else until it was dae and cleared off, for nobody ever paid any-passing of the Geary Act, thing until it fell dan without consideration. In London Watson's accounts were paid weekly but the matter was entirely regulated by the consideration whether it would pay better to pay cash or take week or fortnight as the case might be. In polot of fact it was entirely a question of interest, In Hangkong pay-day was on the 15th of each month and certainly for the past 27 years no account had ever been presented to the Hongkong Dispen say on due date without being paid. (Hear, heat) For this year the liabilities of $13,000 were less than last year,
Mr. Parlano, the Chairman explained that the two amounts of $5,000 and the one of $16,000 were still under Inquiry and he would be glad to give every information as carly as possible.
TO HY. COLONEL DENEY, ETC., KIC. We have the honour to acknowledge the receipt of your Excellency's despatch of the 4th of July, 189a, stating that your Excellency had received from the Government of the United States the new Act prohibiting Chinese Immigration, which had been promulgated every where to a circular form and the said circular contained
In reply
Mr. Taylor-I think you are quite right, Mr. Chairman, in saying every business has its upt and downs and we must take the bad with the good-=(Hear, hear),
The Chairmans-You are right Mr. Taylor, and I thank you, but at the same time I do not wish to withhold any information. I hope you will not press this question because all things considered this $6,000 is not a very large
amount
1-The notification of the Secretary to the Treasury to the varions Customs Superintendents with reference to the passing of the said Act in both Houses of Congress,
2.-The new Act that was passed on the gib of May, 1892.
3-The new Act passed on the 6th of May, 189z.
The new Act passed on the 5th of July, 1884. 1888, which your Excellency, sende as in
5.--The new Act passed on the 1st of October, translated forms with the original English coples, all of which referred to the prohibition of the immigration of Chinese labourers into the United States,
thess
CRINESE NEWS.
be punished to accordance with the law pro the tiger jumped upon Shankewitch, kauck went off on a visit to Mr. and Mrs. Kinder, vided for stopping in he United States | against the permission of the authorities. Lag him down. The hunter, terlåed beyond took a marked interest in all that he saw and in Tongshan and Lanchow, His Excellency The Custom-house, superintendents at the description, bat by a brave effort, managed to different ports, the deputies and military retain his presence of mind sufficiently to thrust fulfilled all the duties of a
chiel' amang us authorities are required to rent
his hand into the tiger's mouth, sele lis tongue, takin' notes." I ventured to remark six months Chinese at any time and send them to be tried and screw it round with all bis might. The u that the more charming part of the Legation by the Courts, and the judges will be required struggle could not have been of many moment's would not be content to be immured In Peking to sentence them to be sent back to China in a duration are the tiger succumbed to the effects for five or six y I am now quite sure cordance with the provisions of the bill. Should of the bullet wounds. Just then the other hun-offt, and can heartily congratulate the British any Chinese labourer happen to be in the Unfted tell arrived on the spot, and assisted their con it is so. We shall all sen something of our commculties on the ittoral and rivera that States during the option of the new bill, but, panion, whose hand was, however, so badly owing to sickness or some important affairs have lacerated, that he died shortly afterwards of Minister henceforth, and doubtless to our cum- mon advantage. There le just one danger to been prevented from registering himself within blood-poisoning,
avold. Mr. O'Conor will naturally go from the time provided for so doing, he shall be allowed to register himself, but he must first pro-
consulate to consulate, and will see things from
for his before being allowed to do so and must cure an American or European to attest the facts
the official colgn- coign of disadvantage in many cases. He would do well when on bla pay the various fees provided in the new bill. If have been issued there by Viceroy L Hung elements as much as possible. It is at least a We learn from Newchwang that proclamations travels to cultivate the lay and missionary. by any mischance his register papers, &c, be chang and the Governor of the province, working hypothesis to assume a personal know. lost, burned, or destroyed, he shall be allowed to announcing the extension of the Tientsin Rall ledge of them and their wants will lead to safar take out new ones, but the sheriffs' and law fees way through Monkden to Kirin, with a branch decisions when their claims and grievancas shall be settled by the investigating judge. Other fine from Monkden to Newchwang. Private come before bim. While in Tientsin he has Chinese who are not labourers shall also be information, however, speaks of a line to be gathered much knowledge on the Wharves and allowed to take out papers, but no fees will be begun immediately, before the above; from Port Park questions by personal inspection and charged. With reference to this article, as Arthur to Newchwang.
enquiry Chinese labourers are scattered all over the United States and as they naturally are not all of them the new Corean Consul and Vice-Consul at shan. On Friday last a quick-sand broke foto Messrs. Li Mien-alang and Het Tung.chlao, A very serious accident has occurred at Tong. acquainted with Engish or English letters, and as Tientsin, called upon & Hung-chang on the the workings and blocked the eastern section of Consuls from this country are stationed in paly and inst, and presented their credentials, after the plt. It occurred just at the time of the a few parts of the United States, If they are to which Mr. Pien Sadyuan, the retiring Consul, #shift the foreman was able to get one whiß. be forced to take out papers of registration we also presented his letters of recall to his Excell- of 300 men clear, a few, some two dozen odd, of would suggest that still another year be granted ency, who gave instructions to the Bureau of the other were shut in, but seventeen of these that they may all know the circumstances of the tain the three Corean officials at a dinner the get into another part of the workings, two ma them in order that time. may be given them so Foreign Affairs-ung Shang Ch-to enter were got cut. In climbing up a long ladder to care. Otherwise by these poor men belog following evening. arrested and tried and being made to suffer
were killed by the ladder breaking under unlooked for calamities, not only will this be commercial enterprise has not abated since Mfr. had slight bruises.
News from Tientsin assures us that Teutonic the extra weight, and two or three others Some ten or twelve undeserved by the Chinese labourers, but we won Brandt left the scene of his triumphs. A men are still in the pit, and though, the referring to our records we find that Chlaese trouble in dealing with them. Moreover some ability, la contemplating the erection of steel for their resente, lintie hope is cherished that they In reply we have the honour to state that fearthat the local authorities will have everlasting new local syndicate, a triumvirate of undoubted most desperate attenspta are being ado Immigration into the United States was in thing more will thus be added to what has been works at Tongshan, strictly under German will be found allve. There has been an exten As to one of the branches the 26,000 is a terdicted in the Succeeding Treaty between provided in the articles of the Succeeding Treaty auspices, Krupp of Essen with his usual, far sire subsidences a huge cup-shaped depression mere trifle compared with the total business done China and the United States in the 6th year of of 1880. As to Articles VII, VIII, and IX they reaching phlisathropy to supply the plant i pay 70 eet deep is seen close to Mr. Tong King and if remarks are made it might be looked H.I.M4, mperor Keang Hill's reign on the 15th concern the measures of the United States ment to be deferred fill the works are earning Sing's house, it comes within a few feet of the The Chairman --I may say that a sutleman upon as a sort of censure upon them, which is day of the 10th moon (November 17th 1880) Treaty but as compared with the regulations dividends; ores to be brought from the South. tallway, and can be seen from the cars. This (who is now in this room) has been kind enough not deserved and which would help to take the but that it was not unill 1884 that the United of the Treasury promulgated on the 6th of Decem Markets? Well, the Imperial Railway Com-section of the working was condemned by the to call upon mo- Iskevery gentleman who Ear heat out of people who are doing their best. States Government took any decided steps in ber 1884, these new articles, to day the least, pany and other such corporations yet unborn or engineer four years ago. The Europesa stal questions to ask would give me notice in The other branch is a small one and it would the matter by providing regulations for limiting simple contradictions of the former enes. We embryonic some such way, it is convenient, or hardly be fair to the present manager to mention the number of Chinese labourers entering into have gone carefully through the nine articles of The officials in Shanghai native city have under the supervision of Messrs. Kinder and and the native alike have behaved like heroes take the same line as three or four shareholders the name of it because I do not think that he is the United States. These steps were exceed the new bill comparing them with former treatles received a telegram from Nanking to the effect Petersen. The natives do not hesitate to have done—there is, sal said, a gentleman is really responsible. I think it is mostly waiting Igly harsh and unjust, However, in 1884, and regulations and find them to be exceedingly that the captured Hunan Kelas Hui chief angu it to bad Joss one of the European this room who came to my office the day before down and that sort of thing and he is in pecus these unfast measures were revised and adjusted unjust, and would therefore have the honour to Kuang Sheng-ming who was to have confronted overrears left the employ laat werk, and they yesterday and stated what Mr. Taylor has lars i business without any sort of assistance | what was right, ́ ́as they did not openly abrogata President of your: government asking himïti fessed that Li was one and the same with L1 pleasure at the unwisdom of the management difficult circumstances because he has to and showed and appreciable Intention to do request your Excellency to memorialise the the late suicida, Li Hsien-mow, has now con- imagine the divine powers are showing their die remarked with reference to the "gambling" the make Investment in H. and S. bank shares being from anybody. gambling; a contention to which I cannot for a In reply to Mr. Farlane the Chairman ex October, 1888, that entirely broke the friendship live in order that they may do things in and that Viceroy Liu Kan-yi has memorialised death the management has been in the hands the treaty. But it was the Act of the 1st of command Congress to agree upon some other Hung, the reported. Head Centre of the Society, in parting with him,. Since Tong King-sing's moment agree.
plained that both the llems "Good Debts and and harmony that had bitherto existed sccordance with International Rights, and the the Throne asking for Instructions. Of course, of Chang Vi, who is assisted by Mr. Lo, a Mr. Taylors-It Is not an investment, because Sundry Debtors" were perfectly safe and wors between our respective countries for so many courtesy that should be due to two nations, you have eat the money to lavest
made separate simply for reasons of account tens of years. Both this yamls and his Imperial
this means that the body of 1 Helen-mow wil Cantonese who formerly acted as faterpreter to The Chairman-It is not gambling, because Many of them had since been realised. Other Majesty's Envoy at Washington made repeated Congress of the United States paased the Bill of head struck off as a warning to the world. The of course, a Emopean staff at Tengahan, but of Again, upon reference, we find that when the be ultimately taken out of its coffin, and the the Municipal Secretary in Tientsin. There is I consider that at the time when it was made it items were for goods get out for other companies protests against this violation of treaty obligations; the 5th July, 7884; la December 2st of the samd unaccountable implacability of the Llangilang recent years. It has been diminished, relatively; gras about the least speculative favest by Watson and Co-the Mount Austin Hotel, for but neither your Excellency, aor the Foreign year your former President sent a message to Viceroy to Li Halen-now, we hops, will now be if not abiclately, for the winning of cost is con ment that could possibly be made. This instance, spe
Secretary at Washington deigned to make any Congress to the following effect; The clauses antified and no more arrests of innocent persons stantly further and further from the shaft, and the gentleman called upon me and told me there
reply to our despatch. Now again we hearof answ in the Succeeding Treaty entered into between were rumours about the town that we had bean
Act with nine articles being passed on the sth of our country and China with reference to the Shen Yil-llen, Governor of Famers, who gave the demands of ad extended trade, Mr. O'Conor workings are steadily growing in size to mbet speculating in Bank shares ; it was all over the
Way of this year, as well as the extension by limiting of the numbers of Chiness entering the beders last astums for the compilation of by the bye, was down the mine the day before 'town that we had gambled in Bank shares on
another ten years of the Act of 1884, which is United States seem to me to require further history of Formoss from the earliest times" has the accident, and it was he who brought behalf of the Company and that the amount we
about to expire, all of which apan perusal compel reconsideration as they are against the sprit of already spent nearly Tis. 5,000 on the work, news.d haya stated as an suet under the head of
us again to make the following representations treaty rights and obligations." Thesaid President which is being complied by a regularly con "H. and S. Bank shares" was really only the
to your Excellency, margin money which wo had still in hand after
of the United States certainly exercised bis prostituted Board of five oficials of well-known We find that in Art. II of the new Actitis rogative in bidding Congress to reconsider their ferry fame There are also eight clerks making a big loss, which had been written off,
stated thats #Chinese will not be permitted to determination to break the treaty, Botan for tacked to the Board who do the copying work and which accounted for our reduced produ, i
enter the United States nor to reside within the the new Bill under discussion it really contains from-old Chinese books concernlag Formosa think I have fairly stated it. (Hear, hear) Well,
Umits of that country. If any Chinese does so even more uses in which the spirit of the The work, It is calculated, will occupy the Board this is one of those things that get about this place,
be shall immediately be sent back to China, If former treaties has been brokenIt also about four years, and from the palas taken in nobody knows how. There is no use in making
the investigating officer find that he is a natura takes along with it the extension of the Bills ransacking old records in the different yamins any comment ΟΣ the people who do circulate
lised subject of another Power be is to be of 1884 and 1882, which, with reference to and studying the traditions of the savages it auch rumours, because anything you could say from your mouth would run off them as off a
sent to that country, but should that coun the prohibition and limiting of the Immi will no doubt be a valuable and standard book The Chairman pointed out that Mr. Taylor's try demand a poll-tax before allowing the grailon, of Chiscis labourers into the United of reference when finished. We believe that shinoceros' hide. (Laughter.) They are lost to remarks were out of order, having nothing to demin to enter its teritory, then he is, as States, went so far na even at one time to touch the sum of 714. 1,500 has been set aside for the inconsistency of the various reports, is easily all sense of shame, these people who circulate with the accounta
originally, intended, to be sent back in any such rumours, knowing them to be falas gro. Some animportant discussion ensued as to care to China." We fail to understand whether the siguity of us, Tower to your country and completion of this works for remote accounted for jilf steamer is bus & fon fees bably they do it with a view to a little business, properties held by the Company at Kowloon and what is termed Chinese" in that Article applies Envoy to the United States, on his arrival at Shanghal that a number of men, not natives of men give way different soundings, and tha This was In 1886 when the Chinese There is a rumour amongst the Chinese in laterally out of the deepest channel, the leads-, I do not know, but certainly it fa a rumour which as the Peak, is absolutely false there is no foundation what
clades missionaries, students, merchants and Superintendent peffaission to land until his Ex Church in that province with the intention of looking awkward, dehdy yanmar NOTA only to labourers or whether the term alad in San Francisco, was alused by the Customs Tinnan, recently visited Roman Catholic skipper for that voyage concludes that things are ver for it, no ground for supposing there could |
tourlat, who were not included in the former caliency had shown to him his credentials to the attending the ceremonies that were then going be any foundation, and it is a pare invention's It.
prohibiting law;- By Art II of the Suecasting | President of the United States. We regret to on in the building, Chinese-lice, these man began, tive effort in the direction of the making of nisch Two years ago the Viceroy sanctioned a tenta
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Mr. Farlane-le that good?
The Chairmans-Perfectly good. Mr. Parlane:-Thank you I sir. The Chairman: I say it is good because I shall soo for myself that these accounts are paid in Bay case.
Mr. Taylor mentioned that he had heard of meor people giving up Watson's ́soda" for 'Dakin's..
Some discussion ensued and the Chairman mentioned many points of superiority in Watson* soda which were deemed as being satisfactory,
Mr. Taylor concluded that people who bought Dakin's soda must be troubled with disordered stomachs.
Mr. Taylor-Mr. Chairman, 'you should ask Mr. Wicking to dianer, and then tell him all about these things.
inada.
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the
accomplished fact; the vessel is well out of The salvage of the Gem is now all but an her thwart-stream-berth and has been moved. several feet nearer the back in au up and down steam position. My last reference to the matter contained an error; the shaft of the wreck was below its bed. I must farther be my own censor 3a feet below the surface of the river, and not as to the state of the river. So far from causing anxiety, it is in capital condition; a steamer came up the other day drawing 12k, din.. The
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