TELEGRAMS

(Reuters)

The German Emperor to visit England.

LONDON, 30th September.. The German newspapers report that the Huber will visit King Edward in November.

Kuropatkin Falling Back. The Standard's correspondent with Gene ral Kuroki on the 28th ultimo wired that General Kuropatkin's main force had fallen back north of Mukden and upon Teiling, buy a considerable body of infantry was still south of Mukden observing the Japanese.

THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 3, 1904.

SHIPPING FOR NAGASAKI,

IMPORTANT NOTICE.

Messrs. Gilman & Co., writing under to day's date, state-We have receed telegraphic advice front Nagasaki that, ia consequence of gun practice being held, shipping will not be allowed to enter the post on joth instant

SPORTS. ON LÂNIAU,

S-C. BARNHAM, BOYD G CO,LD.

THE RECONSTRUCTION SCHEME CARRIED,

An extraordinary general meeting of the members of this Company was held at the head office, Broadway, on 26th ult, to consider a proposal to pur hate the company's business and undertaking by a new company to be formed and registered in London.

attendance was very large, says the N. C. D. The meeting excited great interest and the

·News. Over 30,000 shares were represented. Mr. J. R. Twentyman presided.

The Chairman-Before commencing the business of this meeting, i should like in explain to you that so many shares have been sent in at the last moment for transfer, that it

Why this information was given to a few bro. kers, and withheld from the general body of shareholders?

1

definitely laid down, and that they might - Why the shareholders were not informed of be such that you could not recommend theach negotiations at the fast General Meeting, shareholders to accept them. If we pass this on the 19th July, 19047 resolution we bind ourselves to accept such cond tions as you and your colleagues may think favourable (Hear, bear.) I noticed just now expressions of opinion, of favourable opinion, when you stated that the management pany, in which the present shareholders are would remain in Shanghai. I think we might asked to inveal seven million taels? add that as a rider to the resolution, and I

The eming power of the present Company, will move it as an amendment, and I shall be during the past three years, has been as fol glad if someone will second it. My amend-low- ment is to add the following words :-

Provided that the head office of the new company shall always be in Shanghai and that the management shall always be in Shanghai.

Coal for Belligerents.

TheYC. A. bathing party wound up a very Five German colliers left Cardiff and New-succestreason with a trip to Tat Yuk Shan Bay port yesterday for Porto Praya (7); it is un-

on Baturday. Aquatic sports and foot races on derstood on Russian account.

shore were arranged, and carried out with much good fun and high spirits. Prizes were offered, which had been kindly presented by the Hon. May, Hon. Gershom Stewart, Hon. Capt. Bames Lawrence and other gentlemen, and these were keenly contested for. Upon the return and has been impossible to get them completed ful competitors were presented, by the secretary this department worked yesterday (Sunday) to after partaking of an excellent tea, the success before the meeting. The clerk in charge of

the Rev. Mr. Southam) with their respective retry and accomplish this. Under the circum-I ward. In afew appropriate words, Mr. Southam stances, we hope you will agree to allow these referred to the successful season just cloted and gentlemen, who have not been registered, to sald he saw in it a gooi omen forthe winter provate on the shares they have purchased, which gramme of physical exercise, walking trips etc. A hearty vole of thanks was passed to the against the interests of this Company to do so, we have been unable to register. It have be

donors of the prizes. On behalf of the mem- but we think it is a spirit of fairness which we bers of the swimming and bathing party, Mr. trust you will not object to being adopted by Dyer Ball presented the Rev. Piercy with a the Directors, Kodak camera, to mark their appreciation of The Tear has arrived at Odessa to review, his work during the season, which had rejolted troops proceeding to the Far East.

in so many enjoyable evenings. Mr. Piercy thanked his friends and the party "sang" their way to Blake Pier.

At Port Arthur. The Russian general staff announces that the assaults on Port Arthur between the sath September and the 26th September were erywhere repulsed.

More Troops.

LATER.

Router's St. Petersburg correspondent wires that the second Manchurian army will consist of the 4th, 8th and 16th corps, the 6th Siberian corps and several brigades of Tirailleurs.

Great Britain, Russia and Thibot.

The semi-official Journal de St. Petersburg reproduces an article from a Moscow paper declaring that Russia cannot and must not recognize the Thibetan treaty which dis- plays the bad faith and off-handedness of

the British Government.

Rumoured Recall of Admiral Alexeieff,

1st October.

A rumour is current that Admiral Alex- eieff is about to be recalled. The Grand Duke Nicholas Nicholaievitch is widely cre- dited to be his successor.

The Baltic Fleet. The Dowager Tsaritsa and the Queen of Greece inspected the Baltic Seet at Reval yesterday. The Tzar reviewed 27,000 troops at Odessa.

{N, C, D). News.)

*

Japanese Frogress at Port Arthur.

Tokio, 25th September. The Japanese on the zoth inst. occupied six Russian entrenchments besides the Kuropatkin fort at Port Arthur, and on the following day an important height about a mile and ä-half west

of Shuirzeying, and the reservoir which was protected by the Kuropatkin fort.

**The Kuropatkin fort was built by the Special order of that General, who, when he examined all the forts in and around Port Arthur, remarked to General Stossel that the other forts were strung, but it was a great defect that such an important point as the reservoir was not protected at all. Thereafter a very strong fort, south of Shuiszeying, was briedly constructed and given the name of the Commander-in-Chief.-ED.

Prince Hohenzollern at Tokio.

Tokio, 26th September.

Prince Cart von Hohenzollern had an audience of, and tiffin with, the Emperor at hoon to-day. The Emperor returns his call

SIPATOIP NÖLES,

THE PROJECTED RAILROAD.

(From an Occasional Correspondent.)

Swatow, October 1.

The projected railway from here to Chao- choufu has already aroused the antagonism of the junkmen and their friends. They have woke up to the fact that, when completed, the line will be a serious menace to their liveli hood. For more years than one would care to count, the junks have had the monopoly of carrying goods and produce up the river to wards the interior, and it is only natural that their ire should be somewhat aroused when

they see their living so greatly threatened. The new line has already been surveyed and fagged out; but no sooner are the little flags and posts planted than they mysteriously dis- appear in the night. It does not require much acumen to guess the culprits. The promoters, however, are determined that the scheme shall go through and work has been commenced. With the benevolent assistance of the Taotai, and the judicious tact of those in charge of the operations, it is believed that the hostility will soon die out. In the meantime, a great deal of solid, quiet work is being done, and all are sanguine that it will eventually be brought to

a successful conclusion.

A STORM IN A TEACUP.

bund was a seething mass of excited coolies

In this quiet, although busy outport, we do not have muck excitement; but a short time ago, there really was a stirring scene on the bund, An engineer from one of the vessels unloading took offence with one of the coolies and struck him heavily with his stick. He promptly retaliated by knocking the European down? Another engineer quickly came to the rescue, but before he could do anything was served likewise. In an instant there collected an angry crowd of coolies, and it was only by drawing revolvers that the two Europeans were able to return to their ship. By this time the clamouring for the men who had escaped. No sooner did the news of what had happened get to the men who were unloading the vessel than they struck in a body and made for the pantoon and the shore. For about three hours the ship was held up, the coolies shouting out hitter challenges to the two men to come ashore, ugly, as the watow coolie is by no means the For a little while things looked exceedingly nerveless, cowardly individual seen in the south. ern ports, he usually standing not less than five feet ten inches in height and muscular in London, 18th September.

proportion Fortunately, however, by the in- The Daily Telegraph states that they learn fluence of several of the compradores and some from a high Japanese official that the authorit of the coolies' headmen, the angry crowd was ies and Tokio are issuing a preliminary circular quicted and work resumed; but for a time, outlining the terms upon which they would be affairs were really serious. It is difficult to prepared to make peace, after the capture of quite realise what might have happened had it Port Arthur, the occupation of Mukden, and developed into a rict, as]Swatów is in the cur the taking of Baghalien. They are as follow:-ious position of not possessing either a police

1.--To hand over the whole of the Liaotung man for a soldier. "All's well that ends well,' peninsula to Cuina, on condition that the fatter as one man in the Customs said to another, makes Port Arthur an open port.

and after all, it provided a topic of conversation for at least a day, and in Swatow, we are thank fut for small mercies.

to-morrow.

Count Arco-Valley, the German Minister, gives a dinner to-morrow in the Prince's

honour.

(China Review.) Peace Terms,

2.-An International committee to be appointed to take over and control the Man- churian Railways, purely as a commercial enterprise.

3-To have an indemnity, of one thousand million yen, paid by Russia,

4.-Kussia to hand over to Japan alf the warships that she may have at the time in the Far Eastern Seas.

Business is not so brisk here as it should be. So many ships have been purchased by the Japanese during the past few months that Swa tow has naturally suffered both in-imports and exports, and there is little prospect of it chang ing for the better for some time.

5-After the capture of Saghalien Island, IT was their own Korean magistrate that the Japan would be prepared to leave the same to rioters at Si Heung attacked and then burn! any company, British or American, for a pay-alive with his son and his secretary. Twenty ment of a sum of say about fifty million yen, five Japanese working on the railway attempted end a royally on mineral and timber products to save him, but the mob killed two of them and wounded four. The magistrate subsequently telegraphed that bis son and two Japanese had been killed-Later reports, however, confirm the news of the magistrate's death.

A BRITISH Heamer carrying dynamite arrived at Wogsung from Hongkong. The dynamite is to be carried to Yokohama. The Commis: sioner of Customs at Shanghai stopped the dynamite going to Japan as it is contraband, but the British Minister at Peking having protested against the ruling of the Commis sioner of Customs at Shanghai, the Waiwupu after careful study of the matter décided that the dynamite can be sent away as the same had bean shipped from abroad, and not from a Chinese port. Capture by the Russians is at the risk of the shippers and there is no respon sibility on the part of Chips. Sir Robert Han had already instructed the Commissioner of Customs at Shanghai to that effect and to allow the dynamite:19' be sent away for Japan,

SintranQue

which was accordingly acted upon.

No objection was taken to this suggestion,

The Secretary then read the notice convening the meeting,

The Chairman-We have over 300co shares here represented and might as well begin. This meeting has been called with the special object of obtaining your consent for the dis- posal of the business as set forth in the circular | now in your possession, and with your permis- siua we will consider it as read. The proposal in its present form seems to us to offer you sufficient inducement to justify your accepi- auce. You are no doubt aware of the difficul- ties connected with the conducting of a busi- ness like this by telegraph; hence the desire

is

fur your co-operation before any agreement entered into. The Articles of Association en- able us to enter into an agreement, but in this conditions before entering into anything definite case wo decided to have your acceptance of the

or binding. It is proposed to make the nominal capital of the Company 1,200,000 sterling any more money which may be required will be

raised by debentures in London at 5 per cen per annum. After the sale of this Company to the new Company, it is proposed to form an- other Company to take over the Old Dock and and International Docks at a voluation for a portion of the land between the Cosmopolitan

wharf and godown accommodation. You will

be made acquainted with all such proposals

later on.

We understand the proposed London Board of Directors are people of financial standing; it therefore seems ob-

vious they would never go in for such an undertaking without a prospect of getting something out of the transaction. The share holders are masters of the situation and will

Mr. C. P. Allan seconded.

The Chairman-1 have much pleasure in

putting the amendment proposed by Mr. An-

meeting. I only want to say this about it, that derson and seconded by Mr. Allan before the am sure the people at home won't put their money into this business if we have the head office here. If they place the management in our hands they have conceded a great deal, share, besides the sixteen fully paid-up shares after paying the large sum of £12.105. per

in the new company. To expect that they will concede the head office to Shanghai as well is, I think, too much. Still I am pleased to put the amendment, and the Directors will be just as satisfied whether that or the original pro position is carried. We want you to be satisfi ed, and if you are satisfied we shall be, though we are perhaps the most interested.

The amendment was put and fifteen hands were counted in favour of it. Against it was a very large majority.

The Chairman declared the amendment lest amid loud applause.

*

The original motion was put and declared carried, very few hands being held up against it. The Chairman- thank you for the confidence shown in the Directors. It won't be misplaced;

can tell you ihat much.

I

Mr. Allan-May I demand a poll?

The Chairman-Yes, if the room supports you, but I think it so conclusive—

There were several ones of “No, no" and the

which was declared carried. Chairman proceeded to the next resolution,

Mr. Ailan had remained standing and now said-Am 1 to have a poll?

alone.

The Chairman-You can't demand a poll

Mr. A. L. Anderson-1 will be pleased to second the application.

What is to be the capital of the new Com

IP

11

Taels Year ending 30th April 1904. 717,41896

IT 1403

910,973,91 1902 1,697,463 56 The book value of the property to be taken over by the new Company was, on the 30th April, 1904, Tatis 6,101,281.60, for which it is proposed to pay to the present shareholders Cach

..113. 5,520,000 Shares in the new Cum-

pany

Making a total of Tis. 12,585,600 The following items are not included in the

viz.:- book value of the property, as stated above,

LE CATALA

ASSETS.

Shures in public com.

panies Sundry debtors Cas 1 in land

To-day's Advertisements.

TO LET.

ONE of the best dwelling houses at Macad Has a fine and large Garden, a spacious Yard, Eight Rooms besides Sitting and Dining Rooms, and Two Verandahs, Situate near BOA VISTA HOTEL, with beautiful Viáw of the Inner Harbour and Roadstead; For Particulars, apply to-

House No. 10 on the Rua da Penha..

Macao, 3rd October, 1904.

J. V. JORGE,

Macao.

[1097

"INDRA" LINE OF STEAMERS.

THE 11 7,065,000

Tis

14,568.29 455,964.70 3.983.47

Total Assets, s. 474.51036

LIABILITIES.

Uncollecte i dividends Sundry creditors...

Tis. 35.307 00 48937.98

Total Liabilities. Tis. 522,244 98 The market value of the new shares would depend upon the total amount of capital involv ed, and the earning powers of the new Company; but for the sake of argument and comparison we will assume the capital to be fixed at £2,000,000, or Taels 16,000,000, and given double the present earning power, say a yearly net profit of Tls. 1434,000, this would allow of a dividend of about 8 or 9 per cent; and taking the actual market value of the stock as Tis. 180 per share, less | Tls. 1oo to be received in cash, the share would stand to cost Tis. 85 or 1o, as against £16, the face value; therefore a dividend of B per cent on £16-£1.5.7, would represent 123 per cent on our capital of £10.

The question naturaily arises, "Where is ali the new business to come from, to enable the new Company to double the earning power of the old Company?"

The Chairman (after consulting the legal

and don't think the others present will object. adviser)-Mr. Plast says it will satisfy them

the manner the poll should be taken and a Several proposals were made in regard to

good deal of wit was expended over the objec tors. It was finally decided that the poll would be on the orignal motion (not on the it would stand up and give their names.it amendment), and that those who were against

This was done,

The Chairman-There are 2,829 shares represented against the motion; I think there are 28,000 about for it. Will that satisfy you, Mr. Ailan?

Mr. Allan-I think that is quite sofficient. The Chairman-1 may add that the oppon- ents of the motion were given the full benefit of any shares which have not yet been fully re.I gistered as transferred.

The other proposals

are chiefly formal.

With regard to radways, rolling-stock, etc., etc., it is doubtful if the material could be locally supplied in quantity to compete with home prices.

Is it not a fact that all parties and/or syndi cate that have concessions in China, are either steel industries in Europe, in which cast it themselves, or have connections with iron and would be to their interests to supply materials produced either by themselves or by others to whom they are tied.

NOTICE TO CONSIGNEÈS. FROM NEW YORK. HE Company's Steamship

*INDRAWADI," having arrived from the above Ports, Consignees of Cargo are hereby informed that their Goods are being landed and placed at their risk in the Hongkong and Kowloon Wharf and Godown Company's Godowns at Kowloon, where each consignment will be sorted out mark by mark, and delivery can be obtained as soon as the goods are landed.

Goods not cleared by the 9th instant, at 4 P.M., will be subject to rent.

No Fire Insurance will be offected by us in any case whatever.

All damaged parkages must be left in the Godowns, and a certificate of the damage obtained from the Godown Company within ten days after the vessel's arrival here, after which no claims will be recognised.

Optional Goods will be landed here unless instructions are given to the contrary before Noon, TO-DAY.

JARDINE, MATHESON & Co., Agents,

Hoogkong. 3rd October, 1904

CANTON DISTRICT.

LOCAL NOTICE TO MARINERS.

No. 67.

(1099

Removal work at Cauton River Barriers; precautions to be observed by passing vessels.

NOTICE IS HEREBY GIVEN that

removal work at the Caton River

Barriers will shortly commence, and that, with a view to avoid endangering the lives of those engaged on it, the following rules should be observed by passing vessels.

1. When a red and white flag (International H.] is shown from a barrier, or from a boat in that the wash of a steamer is liable to endanger · · the neighbourhood of a barrier, it will indicate life and property.

Under these circumstances a steamer should pass that neighbourhood at as slow a speed as possible.

a. When a red flag is shown from a barrier or from a boat in the neighbourhood it will indicate that a vessel must not, so long as that flag is flying, attempt to pass the barrier.

This latter is an emergency signal to meet possible contingencies.

To account. for the anticipated increase in has been rumoured that the big Belfast ship- the earnings of the proposed new Company,

builders, Harland & Wolff, are taking a can- siderable interest in the new dock scheme, but why should a firm, which so far has identified itself with shipbuilding pure and simple, go out of its way to practically take over a com. Approved, pany in the Far East, for the purpose of deve loping the iron and steel industry in China, which is quite beyond anything that they have hitherto taken up?

As a resident of long standing in Shanghai, have thought that in the interest of all, there is sufficicat excuse for this letter. It is not written with any bias or feeling, but it seems to me that a question which affects the biggest of our local industries, requires the fullest ven- tilation, especially as the same seems to lend to the introduction of outside capital and the paying away of dividends to those who are not concerned in the prosperity of this, our Model

seconded, and it was carried nem. con.:-

Mr. T. Weir proposed, Mr. W. S. Jackson That as soon as the sale of the Company's property and business to such new Company has been completed, the present Company be Settlement. wound up voluntarily...

always have the same power they have hitherto possessed, providing they continue to hold the majority of the shares. The Directors who are largely interested in the business are not likely to sell the undertaking which has proved such a valuable investment to them, without being sure of the benefits to be derived therefrom. The shareholders may therefore feel certain that everything will be fully considered before the purchase are that the management in the agreement is signed. The conditions of

plause.) There are two other points we wish Shanghai remains the same as hitherto. (Ap- to call your attention to. The first is after increasing the capital you are still within range of dividends from the present earning power. By extending the business you are in a posi-fore the poll. wharf scheme is carried out, it seems to us, the tion to increase the earning power and if the

shareholders should be in a very good financial

for acceptance, it is by no means "un fait ac position. Although this is brought before you

compli," but we have no reason to suppose lie parties with whom we are dealing will with draw. We regret we are unable at the present to give you more details, but these will be pro- vided later on. Before putting the resolution we shall be pleased to bave your views on the subject.

On the suggestion of Mr. Weir, a plan show. ing the proposals in regard to the land between the International and Cosmopolitan Docks was, hung behind the Chairman, who briefly ex- plained it.

This resolution had already been carried be.

seconded, and it was carried nem. con, :—

Mr. T. Wew proposed, Mr. Marcus Wolff

That the Board of the Company be and they

posal of such winding up, with power to divide are hereby appointed Liquidators for the pur-

the assets of the Company among the contri- butories ia specie.

The Chairman--That is all the business, gentlemen. I hope the result will be success. ful and thank you for your attendance.

The meeting then ended.

A CRITICISM.

Following is a letter printed in the N. C. D. News on the 26th alt, above the nom de plume of "Enquirer":

Mr. Geo, Butler-1 should like to ask one'

Sir, -With reference to the meeting called question. We are called here to consider a by the Directors of S. C. Farnham, Boyd & Co., certain proposal; do I understand it is a deLd, for the 26th insi., it seems to me that the circular requires the very careful consideration of all who are interested in the Company.

finite offer?

The Chairman-So far as that goes, st is a definite offer. But the conditions may be sach that when I get to London and understand them fully, I may not be able to recommend

It is very

the shareholders to accept them. difficult to conduct a business like this by telegraph, and it may be that we could not

accept the terms, but on the face of it, it looks all right.

finite offer?

Mr. Butler-As you understand it, it is a de-

It will be observed from the wording of the Circular that nothing in the form of an offer has been received. This means that under certain conditions a proposal may eventuate into something, as to which the shareholders are entirely ignorant. I append below various details which it would be to the interest of all

shareholders to take into consideration before

they vote away their property, which is at the moment of a certain value, for a return the value of which is undetermined.

have always signed these contracts before call- The Chairman-Yes. Hitherto the Directors ing the shareholders together. In the case of that each shareholder will receive a cash return All that the "proposal" gives definitely is the purchase of the laternational Dock, and of for the par value of his stock. In addition to Boyd and Company, we signed the contracts this he receives scrip of the nominal value of and then got our action confirmed. But this ro, but the actual market, or investor's value transaction is of such large proportions that of the paper, will depend entirely upon the pro. I considered it my duty to advise my collea portion that this bears to the capital of the pro gues to agree in summoning a meeting of the posed new Company. No doubt the capital of shareholders before we decided to sign the the old Company will be less than that of the contract.

new. This is practically, what is ordinarily termed "watering the stock," and unless the

is nothing, as far as present shareholdres are new Company can, increase its earnings, there

concerned, to be gained ja so doing,

Mr. Brodie A. Clarke proposed and Mr. E O. Arbuthnot seconded ::

THE Such-Han Railway, or Canton-Hankow line, according to the Universal Gazelle will probably revest to Anterican hands again That paper states that a wealthy American is anxious to construct this railway and has been in communication with certain Hunan gentry and notables on the subject. The latter have That the Directors be and they are hereby 'therefore petitioned the Waiwups, asking that empowered to enter into an Agreement having Wa Ting-fang he appointed to take up the for its object the sale by this Company of its jeand revoke

oke all former contracts concern property and business to a new Company to ing the railway. The Hunanese say that the wealthy American in question is

gentry also be formed and registered in London. well-known to hoth President Roosevelt and an amendment, You have stated, Sir, Mr. A. L. Acdemon--Iv beg to propose

It would materially, clear the atmosphere if at the meeting the shareholders were to receive clear and straightforward" "answers to the following questions —

A

When were the negotiations for the sale of

his cabinet as well as to Wu Ting lang himself that the conditions of the sale not the property commenced!

To-day's

Advertisements.

IN THE SUPREME COURT OF HONGKONG,

PROBATE JURISDICTION.

IN THE GOODS OF JAMES HENRY COX,

Deceased.

No

of Section 58 of Ordinance

[OTICE is hereby given that the Court has,

by No. 3 of 1897, made an Order limiting the time for Creditors and others to send in their Claims against the above Estate to the 29th December,

1904.

to send their Claims to the Undersigned on or All Creditors are according hereby required before that date.

Dated the 29th day of September, 1904.

DEACON, LOOKER & DEACON, Solicitors for the Executors.

(098)

BRITISH-INDIA STEAM NAVIGATION COMPANY, LIMITED.

FROM RANGOON AND STRAITS.

THE Company's Steamship

"PURNEA," having arrived from the above Ports, Consignees of Cargo by her are hereby informed that their Goods will be delivered from alongside.

Cargo impeding the discharge or remaining on board after sa o'clock Noon, the 4ibinstant, will be landed af Consignees' risk and expense into Godowns at East Point.

No Fire Insurance will be effected. Bills of Lading will be countersigned by

JARDĪNE, MATHESON & Co.,

Agents, Hongkong, 3rd October, 1904. [1100

T

THE HONGKONG GYMKHANA CLUB

THE Fourth Meeting, of the above Club- postponed from SATURDAY, the st instant, will be held (weather permitting) on SATURDAY, the 8th instant, at 3.30 F.M.

GEO. K. HALL BRUTTON,

Hoo. Secretary, Hongkong, 3rd October, 1901,

;

FOR SALE.

COTTAGE PIANO,

Apply

[102

J. HOWELL MAY,

Harbour Master.

S. M. RUSSELL.

Deputy Commissioner of Customs. Custom House,

Canton, 1st October 1904.

HE

NOTICE.

Fin name of CURREEM & Co. Merchants and Commission Agents, of which the Undersigned has been and is the Sole Proprietor will henceforth be known as "RUMJAHN & CO.", 64, Queen's Road.

AHMET RUMJAHN. Hongkong, October 1st, 1904.

Entimation.

THE POPULAR

SCOTCH

IS

"BLACK & WHITE

JAMES BUCHANAN & 00:

SCOTCH WHISKY DETILLERS. By Appotriment to

F. M. THE KING-

HRH the PRINCE oF WALES

[1098

Supplied at all the LEADING CLUBS and HOTELS,, and to be obtained from [1193 the principal fitores,

H.M.S. ALACRITY.“ Hongkong, 3rd October, 1994.

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