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The taten per quarter au per cent, proportiount. The daily is to slelivured free when the address is ihte in messenger. On copies sunt by post an aditional $1.80 per quarter is obargod for postago. The postage on the weekly inue to ally part of the Slogh Copics Daily, ten cont; Weekly, twenty
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MARRIAGE.
Oct. 7 at Kensington, H. W. P. MATHEY, 10 frene Maud, daughter of the late G. H, M. Bosman, formerly of Hongkong,
DEATH
Sept. 28, at Alcombe, Crieff, ISANELIA, Wi- dow of G. N. Minto, late of Hongkong.
SATURDAYAA NOVEMBER 7, 1903.
ANOTHER steamer for the Chinese Coast Navigation Company, of Hankurg, about 2,050 tons capacity, was launched at Flensburg
fentell. on the 5th September, and named the Hedwig
"would be utilised for currency purpotes and | NEW Regulations under the Merchant Shipping. If y u want fresh film and good film, you ca
greater prosperity to trade would accrue Consolidation Ordinance, 1889, are printed in get them at LaMunyon's; they are guaranteed.
the Gazelle, This is borne out by the recent speech of Lord George Hamilton, in laying if you want first class developing and printing the Indian Budget before the House of go to LeManyon. Also strictly fresh film. Commons, a few months since. In support Advt. of the argunient we may also quote a state ment of Mr. Creel, the well-known Mexican banker and financier, and Chairman of the Mexican Commission on International Exon 3rd inst." change, who recently stated that the r commendations for a monetary system in Tun P, and .ss Casas brought the follow-uafit rikisha pullers, as a means of preventing
THE Hon. L. A. M. Johnston, acting Colonial Treasurer, was duly sworn and took his seat as a member, ex officio, of the Executive Council,
ing specie from London for Hongkong-coin
silver, $7,917.
IT is stated that Admiral Sir Gerard Noel does not come out till next year to relieve Admiral Sir Cyprian Bridge in the command of the China Station.
China are of the greatest importance, both for the development of the resources of the Chinese Empire and for the growth of her international trade with the gold countries. He points out that, with a stable currency, international trade will grow, a new field for investment will be opened, the natural
ACCORDING to the Manila American a suffi- resources of the silver-using countries will cient number of rifles have been unearthed he developed, and that a new era of activity fram buneath bales of hemp in one of the city and extension of business will add its ener-warehouses to start an insurrection. gies to the prosperity of the world. *The
The Hongkong Celegraph Indian Government have been recently ME-SKS. Raways and Ferguson, Lid, Leith,
our
HONGKONG, SATURDAY, NOV. 7, 1993.
STÁBILITY OF EXCHANGE.
The currency problem continues as the absorbing topic of the day, and many leading financiers in the Colony, whose opinions are entitled to considerable weight, agree with the lengthy report of the Mexican Monetary Commission recently printed in columns.. În their opinion, the arguments adduced in favour of stability of exchange THE BEST INGREDIENTS only are applicable, in their entirety, to this are used,
Colony. They form the incontrovertible basis upon which to build the supersuseture of sound finance which Ching stands so much in need of Moreover, it has been stated that the constitution of the Conimis sion represents the most notable financiers of the time, whose opinion carries with it a weight and importance that could not be lightly considered. It is generally, believed that the United States and Mexico produce, approximately speaking, about two-thirds of the world's supply of silver, this aggregate being estiurated at about 170,000,000 uzs. yearly. The production for the year 1902 was 178,000,000 uns. There seems to be intle doubt that controlling as they do su large a proportion of the world's production those two countries can dictate the price of silver for a number of years to come, and by so doing it must A. S. WATSON & Co, necessarily follow that they would also be
PURITY.
ENGLISH EXPERTS Manage our Factories, and their practical knowledge and constant supervision enable us to produce waters of unrivalled excellence and purity.
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able to control the ratio, of silver produced to that of gold. It is open to argument that such a procedure would be somewhat in the nature of a comer, and that the law of supply and demand would eventually assert itself; but it should be remembered that in the present case the United States and Mexico would be controlling a product peculiar to both countries. Bearing in mind the fi scat legislation, which is so much talked about nowadays on all hands, and the fact that
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purchasing large quantities of silver for mintage purposes for the simple reason that the trade of the
country has
have received an order from the Borneo Company, Ltd., to build a passenger and cargo steamer for their Eastern trade.
The Rev. R. Griffith John, nephew of the Rev Dr. Griffith Job, the well-known Chinese missionary, has been ordained to the Congre gational ministry at Luton, Beds.
ORDERS have been given for the cruiser drgment, on her return to England from the the East Indies Station for a short time. China Station, to carry out special service on
CoMMENCING on Monday, the 9th inst, the night steamers to, Canion will leave at 5.30 p.m., instead of 6.00 pm. The night steamer from Canton will leave at 5 p.m. instead of at 5.30 p.m.
M. Hugh Clifford, C.M.G., of the Federated
Malay States Service. has left England to take up the appointment of Acting Colonial Secretary of Trinidad, Mrs. Clifford and f„mi-
ly will follow later.
THE Manchuria, the gigantic new liner, which is to be added to the great fleet crossing the Pacific, was launched on 1st inst. at Cramp's shipyards, in Philadelphia, she is one of the
biggest ships yet built.
of the steam launch Ying Fut was charged AT the instance of P. C. Counsell, the master
before Mr. Sercombe Smith with carrying 61 passengers in excess of the number permitted by his ficence. His Worship imposed a fine of $250.
enormously increased and consequently requires more currency. Exactly similar conditions would be applicable to China had she a national coinage of her own instead of rough ingots of silver, chopped Mexican dollars and, in fact, anything that is just good enough to go into the melting pot. But as we are all aware, China is a most unwickly and awkward country with which to deal in the question of currency or, indeed, in any matter at all.
But if she refrains from adopting a national coinage for herself she most certainly cannot prévent the producing countries of the world, controlling their own output of silver and thereby regulating the rate of exchange in China in relation to the currency of the West in such a manner as to be conducive to trade, Con- ferning the position of the Colony it cannot he gainsaid that at present trade in long- kong is on a most unsatisfactory basis, and there is that dangerous element of specu- lation owing to the uncertain course of the silver market which is often made the subject of complaint. Having no fixity of exchange. business operations are attended with a cer ain element of gambling. We have heard it stated publicly that the Colony would not divorce itself from China in currency matters, and have frequently wondered if China re- mains as at present, and, given that the silver- producing countries are able to control the output of silver and do control it on the lines indicated, which would give a 2. dollar, what is the object of Hongkong retaining her present system of currency? If we cannot divorce ourselves from China and China cannot break loose from the con- trol exercised over her by the silver markets of the West, then it will be for us to wait until China adopts a universal coinage, and in that case we shall be in the humiliating position of adopting a monetary system organised by
seen, are so far unable to divorce themselves from the influence of the “Mexican dollar. But it is generally accepted that certain TIK provisional pingramme of the Royal monetary reforms for Mexico cannot be Geographical Society for the forthcoming very much longer deferred, and in the se-sion has now been fixed, and amongst forth. event of that country ceasing 10 coin the coming papers is one by Lieutenant-Colonel Mexican dollar, we shall have the extra-C. C. Manifold on "Recent Exploration and ordinary prospect of seeing China without Economic Development in Central and West- any coin currency at all. Where will she get
ern China," her coinage from unless she nints it herself? Are we ultimately to revert to the old Mongolian custom of carrying about shoes of sycer and adopt the Chinese tael weight? | Of course, it may be argued that the coinage
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town of Hydro, Oklahoma, has been wiped out A Cablenews wire of and inst. reports that the
by a tornado. The storm burst'en the town without a moment's warning and laid low or carried off every building here. Many were
jured.
THE Penang Municipality has decided to em- power the Registrar of Rikishas there to photograph old, crippled, diseased, or otherwise them from pulling rikishas in the street.
for the lighting of the new lighthouses in the THE Turkish Government has given assurances
Red Sea which will receive immediate atten-.
The revised, dues for the Great and Little Basses and Minicoy, for the light, is fixed at 3/160 per ton on the burden, leviable in Indian parts.
Guy practice will take place from Lyciuȧ (Redout and Pak-sha-wan) on the 12th inst and from 1.yemun (Pak-sha-wan and Sai-wan) in 13th inst, at moving targets towed across the entrance to junk Bay between Devil's Peak and Futau Chau at a range of 1,800 to 700 yards, and at targets towed down Junk Bay yards above Futau Chau at a range of about 4,000
A SYDNEY wire of and inst, says there are no tidings as yet of the Ovalu. The vessel is long overdue and has 15 people aboard.
The
cruiser which was despatched to search for her has returned without having found any trace of the ship. It is believed that the wissing craft has foundered through fire or by some other
reported. mysterious agency, as no collision has been
We are still doing business at 31, Des Vœux Road. LeMunyon.Advi
THE Goliath, first-class armoured battleship, Captain Frank 11. Henderson, C.M.G., has returned her stores at Chatham Dockyard, and has paid off into the Madway Reserve on her return from three years' service on the China Station. Het crew will go on leave of absence, and the Goliath will be refitted for another term of active service, the work being put out to private contract.
W. NG Yau, a farmer, charged at the Magistracy this morning with being in unlawful possession of 24 taels of raw opium, and offering a bribe indictment and explained with regard to the of $1.60 to a constable, admitted the first
econd that as the policeman had worn his shoes out when chasing him he offered him the money to buy another pair. Mr. Smith lined him $100, or in default two months' gaol on the first charge and on the second sentenced him to 14 days' hard labour,
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TELEGRAMS
(Reuters)
The Tsar in Germany,
LONDON, 5th November. The Tsar has returned to Darmstadt, During his visit to Weisbaden, the town was occupied by thousands of troops; the streets :) adjacent to the Castle were closed to the public, the inmates of houses were forbidden to stand at the doors or on the balconies and ¦ the pavements were occupied by soldiers and detectives.
The Rebellion in Panama, Fifty American blue-jackets have been landed at Colón where the Government troops refuse to acknowledge the provi
provisional government. The inhabitants are panic-
stricken.
LATER,
Affairs have quieted down in Panama and the war-ships have left the Port. The bom bardment did but little damage and the lives, of foreigners were not threatened. The Nashville's blue-jackets have re-embarked.
The United States Elections.#w The Republicans have been victorious at Iowa and Colorado, while the Democrats. have carried the governorship of Rhode
Island.
SIK MATTHEW NATHAN.
The following resolution has been passed on the occas on of Sir Matthew Nathan's promotion to the Governorship of Hongkong, viz. resolved-That the Committee of the African Trade Section of the Liverpool Chamber of Commerce desire heartily to congratulate Sir Matthew Nathan, K.GM.G., on his new appointment to the important position of Go- vernor of Hongkong. The Commitee desire to record their satis'nction with the able manner in which Sr Matthew Nathan has fulfilled his duties whilst acting as Governor of the Gold Coast Cilony, and they wish him all success in his new sphere of duty.
LADY BLAKES, GRUESOME EXPERIENCE.
While in Jamaica Lady Blake' made a mosi disquieting discovery. She spent much of her. time in the jungle, exploring with her party the wonderful caves for which the colony is famous, ́One afternoon she was lowered down a “sink bole" in the recesses of a cave near St. Ann's Bay. When, after wild signalling, she was hauled up, her nerves were much shaken. At the bottom of the "sink hole" she had dis- covered numerous skeletons, all with their heads battered in. She probed the mystery to the bottom, and learned that the skeletons were those of the victims of a Lewis Hutchinson, who had,over'a century ago, fled from Edin. burgh after murdering the betrayer of his sister, and had set up a tower near St. Ann's, where he burked chance travellers in a fit of insanity, afterwards carrying their bodies to the cave, While in Jamaica her ladyship used to keep urious pets, found during her explorations in the forest; and the officer who sat down on a
As already mentioned in our columns Dr. Alice Sibree has been appointed by the London Mis- sionary Society to the Alice Memorial Mater nity Hospital at Hongkong, Public interesi in If you want a first class photo of yourself you attested by the large crowd that assembled at Hongkong in the scheme was conspicuously
can get it at LeMunyon's.--Advt.
the stone-laying by Lady Blake in July last, says the L. & C. Express, Dr. Sibrce entered
1901 took the qualification of the Royal College the London School of Medicine for Women,
of Surgeons and Physicians, Edinburgh. After
pointed medical officer of Dr. Jane Walker's Government House will not readily forget his Sanatorium at Clare, Suffolk. She also acted | fright.-Mall paper. as assistant for about nine months to a doctor
A RECENT Imperial Edict has been 'issued conferring on Mr. Paul H. King, Commis sioner Chinese Imperial Maritime Customs,
Double i gon, for services rendered at Can- tou in 1905.
& CO., ur, on sister exdony protected the trade the Celestial fiovernment, was, as we have the First Class of the II. Division of taking this qualification was ap: tame leopard in the darknes in the grounds of
A CHEE & CO.,
祥
利
廣
TEMPORARY, STORE:
1ST FLOOR, 12, QUEEN'S ROAD, (above Messrs. H. PRich & Co.).
DRAWING-ROOM, .
DINING-ROOM,
and BED-ROOM
ELECTRO-PLATED,
GLASS, and
FURNITURE.
in tin by imposing a heavy export duty on the ore produced by the mines of the Malay States, il is at once apparent that a Similar attitude might be taken up by the two largest silver-producing countries of the world. Because Mexico and the United [ State produce the white metal to the enorm- ous extent they do it is, therefore, possible FURNITURE for them to regulate the price by putting a heary export duty or additional Royalty DEALERS. upon it. Then the fact must not be over- looked that the ratio they propose, being double the ratio of the mintage price of silver in any civilised country, would not be kept at a price which could be termed high. The ratio proposed by the Mexican Mone. tary Commission is, according to the report submitted on 29th August last, from 32 to 36 silver to one gold, and if the United States and Mexicu can control the output of silver and are assisted by the other countries of the world, insomuch as those countries would regulate their purchases of silver for minting purposes, the price of the metal ruling on the London market would range from 264. per oz. standard to 2912. per oz. standard, and would be effectually kept be- tween these limits. From this it may easily PHOTOGRAPHIC be seen that although China will be the
DEPARTMENT. DEVELOPING and PRINTING
UNDERTAKEN for AMATEURS.
GOOD WORK.
CHINA WARES. PASTEUR'S MICROBE-PROOF
FILTERS,
ROCHESTER LAMPS,
WHITE TURKISH TOWELS.
COUNTERPANES.
COOKING RANGES,
KITCHEN UTENSILS, and
HOUSEHOLD REQUISITES.
'PROMPT RETURN.
· Hongkong, 29th August, 1903.
[728d
we are unable to mint one for ourselves-and that at a fixed relation to the sovereign.
A NEW banking or rather credit establishment for the Far East has been constituted in Paris. It is casted the Credit Foncier et Agricole de I'Indo-Chine, and will have a capital of 10,000,000 fr. divided into shares of 500 fr. It is
of China can be largely supplied by minting intended to make advances to landed proprie. the British dollar in British Mints; but, iftars, the Government, municipalities, towns, &c. we can do that, it will seem strange that DR. McFarlane, who went home recently from
North China, came through from Tientsin to Holborn Viaduct in 181 days. But the actual railway journey was two days less. The ticket from Dalny to Londen was 250 roubles, say L26; and Dr. McFarlane reckons another 10 or 12 for food and other extras on the way, so that it is somewhat cheaper than coming by boat, and it saves 21 days.
LOCAL AND GENERAL.
THE Rev, and Mrs. France returned from Eng- and last evening.
\ Cab'eneur wire suys that Lard Roberts will resign and retire to private life, Dunts the month of October 1.639 inches of rain were recorded at the Observatory. SENOR J. Batalha de Freitas has left Lisbon to CX- take up the post of Portuguese Minister at
Tokyo.
in the country. Miss Sibree has spent the past summer in taking a course in tropical and eye
<liseases.
CHINESE FOR THE RAND.
The report of Mr. Skinner, the Commissioner, appointed by the Chamber of M nes to visit China and the Far East, with a view to ascer aining the possibility of importing Asiatic labour for the Rand, was submitted to the Chamber at Johannesburg on 6th ult. Mr. Skinner says he considers that the better class of Chinese labourers are quite suited to supplement the the present Kaffir labour in the mines. He
believes that a sufficient number of coolies is
obtainable to meet the requirements of the Rand in the present and the immediate future, According to the report, the cost of Chinese will approximate £4 monthly per head, which includes the cost of importation and repatria- tion. Mr. Skinner insists that the Chinese must be kept separate from the Kaffis. The report urges that in order to avoid the danger of the mines becoming dependent on the Chi- nese through the recognition of the Chinese
CHRISTMAS. PARCELS FOR
HOME FRIENDS.
The first difficulty that presents itself to in tending senders of gifts to their friends at home is how to get them away, and the next, how to ensure the delivery of the same, free of all cost, to the recipients. Only small packages can he sent by parcel-post and the steamship.com, panies, taking cases of greater volume, will only undertake to deliver them in London of ports where their vessels go into."
Very often would-be senders are discouraged by these difficulties and consequently give up will be agreeable to leam that Messrs. McEwen, the idea of sending home parcels. To these it
Frickel & Co., of our part, thanks to the deve Jpment of their parcel express agency, are able
to do away with these worries and undertake to deliver, free of all charge, at the door of consignees in any part of the world, packages and merchandise of every description. This is a boon that will undoubtedly be appreciated by all residents in the East. This firm is shipping n the 9th and 14th instant for delivery at bristmas and the New Year, the first of these lates being the latest at which parcels can go increase the Kafirs supply. The impression for delivery in England on the 25th December
micing men is generally favourable in the report, although they realise that no recruiting in the Far East will be possible before the necessary legislation is enacted to
Tite following Consular appointments are notified in the London Gazelle :- Mr. Hans secret societies, efforts should be made to Eschke as Consul-General of Germanyrat Singapore for the Colony of Straits Settlements, only silver standard country, which would
the part of the Island of Borneo which is under take the metal to any extent from the
British protection, the Col ny of Labuan, the various markets of the world, yet
Federated States of the Malay Peninsula, ond the State and territory of Johore; Mr. Constan-
With regard to the above, the cost of £4 per change in the Chinese Empire would be subject to the control of those markets.
tin Bologovoskol as Consul of Russia ut Hong-month seems very high. When Mr. Skinner On the occasion of the King's birthday anni-kong; and Sir Malcolm McEacharn as Consul
was in China he was given estimates by a Turning to another phase of the complicatedversary next Monday, there will be na issue of of Japan at Melbourne.
number of fris engaged in recruiting labour. question, we have continually heard it stated the Hongkong Telegraph,
These estimates were all framed on the basis. that the low price of silver, A., low exchange i
of a three years' firm contrac', (be conlle to be
CARMICHAEL AND in the East benefits the export trade of the UN and from the 1st September, 1904, the fee Orient; but surely this must be fallacious for the issue of annual licences to shoot and as where there is an element of uncertainty take gan e will be $to.
CLARKE,
CONSULTING ENGINEERS AND SHIPBUILDERS, SURVEYORS AND CONTRACTORS.
REPAIRS PROMPTLY ATTENDED TO.
TELEGRAMS: "CARMICHAEL,", Hongkong, A. B. C. Code, 4th Edition.
A. I Code.
Lieber's Standard Code.
TELEPONE, 232.
Hongkong, 20th March, 1903.
Lasse
HE Beer to drink in the tropics is the Beer
in the currency of a country that country!
TWENTY-FIVE applications for publican's and adjunct licences for 1903-04 will be made at the annual licensing sessions on 17th inst.
can never be as prosperous in its export SHOOTING at Selensing, Perak, on the zist trade or, indeed, any trade as a country ult., Messrs. Douglas, Hay and Travers bagged that has a stable, value of exchange. There 70 brace of snipe in about 3 hours. can be little doubt that, should China fix a national coinage she will use silver in much larger quantities than hitherto. At present she depends largely upon her supply of silver from the banks, which, naturally,
HE 5.5. Pak-kong will run an excursion trip. will not import the metal into the Empire to Macao to-morrow leaving Hongkong at 8:30 unless at some profit to themselves. With a.m. and returning from Macag on Monday, at a coinage system of her own more silver 6 30 p.m.
made in the tropics-SAN MIGUEL. HE Beer to drink in the tropics is the BeerHE Beer to drink in the tropics is the Beer
made in the tropica-SAN MIGUEL
made in the trapico-SAN MIGUEL.
THE following returns of the average amount of bank notes in circulation and of specie in reserve in tiongkong, during the month ended 31st October, as certified by the managers of the respective Banks, are published in the
Average ----Specie Amount in Reserve.
Government Guastle?—
:
Banks. - Chartered Bank of ·
India, Australia und China,..... Hongkong and Shang- hai Banking Cor paration, National Bank of China, Limited,......
$3355170
$2,000,000
12,097,377
443,735 150,000 Total...$15,891,789 $ 9,150,000
▶HE Beer to drink in the tropics is the Bee ⠀ made in the tropic "MIGUEL":
next.
SHIPPING AND MAILS.
MAILS DUE. Australian (Changsha) to-morrow. Indian (Gregory Apcar) 9th inst German (Preussen) 11th inst. American (Nippon Maru) 12th inst. German (Prins Heinrich) 12th inst. Tacoma (Olympia) ifth inst., American (Siberia) 20th inst. Tacoma (Tacoma) 4th prox.
delivered ready for work at Delagoa Buy." On the question of wage, it was agreed that from $1 to $15 (Mexican coinage) would be ample to tempt labour in sufficient quantities. The repatriation cost, too, was generally assessed at 5 As regards prelim'nury cost, we (L. "&" C. Express) are informed that one firm of standing
The Imperial German Mail s.s. Preussen Jell mna ca definite offer to supply coolies in batches if roo, the first shipment to cost £75, the second Shanghai via Foochow to-day, at 2 an.
The C. P. R. Co.'s 85. Empress of Japan 15, and the third o per head, landed at
R. Co.'s. 0.5. Delagon Bay: On the basis of these figures | left Vancouver am, on 3rd inst, for Hongkong the cost should only be somewhere about £2 55. via the usual Forts of Call. per head, which, however, is probably too low The Imperial German Mail 6.5. Prins Hein s The point on which there can be no doubt is rich carrying the German Mails with datesygi that Mr. Skinner, like everyone else who has from Berlin of the 13 ult., left Singapore on studied the question with an open mind, is in | Friday, at to a.m, and may be expected here
fiveur of the importation of Chinese.
on toth inst
“HE Beer to drink in the tropics is the Beer
sidde in the tropics—SAN MIGUELI
HE Beer to drink in the tropics in the Beer made in the trop SAN: MIGUEL: