STRAITS CURRENCY:
THE RATE OF EXCHANGE.
THE HONGKONG TELEGRAPH, SATURDAY, SEPTEMBER 30, 1905.
inpported by siker persons who have practical experience of the country, we consider that the risk of its failure owing to the possible suspicion and opposition on the part of the general native In the course of his address to members of population is a great it to the evidence be- You will observe Sir David Barbour's com- the Singapore Chamber of Commerce, at the fore us we cannot recommend its adoption. half-yearly meeting on the sand, the chairman, mittee was afaid that the note issue proposed in that conclusion a con. that Mr W. H. Shelford alluded to the currency would not be readily accepted. I think I am of persons hare, qualified to question which had lately occupied the minds safe in saying
siderable number of
We have had recently of them all. He said:-The rate of exchange
before us a very interesting memorandum by with gold standard countries with whom the judge, do not agree, bulk of our business is now conducted, has of Mr. Huttenback the main purport of which is late advanced so continuously that trade basin support of this Chamber's "original, sugges
to adopt in order to secure stability. gecerally been seriously Inconvenienced- tion, and some such plan may yet be the one for the time at any rate, Such fluctuation have always had this effect, and it was with a view to obtaining stability and getting rid of these fluctuations that after much discussion and deliberation the present currency scheme was embarked upon. You are all familiar with the schame. We reached a year ago, the a cond stage in the scheme which is thus des cribed by Sir David Barbour-
59. When the currency is so largely.com. posed of the new dollars as to justify the measure, the Mexican and British dollars should be finally demonetized and the Straits lo position Settlements would then be in the which India was when the change of standard was undertaken in that country, with, however, the very important advantage that there would not be an enormous, proportion of the new coins either hoarded or circulating in foreign countries which might, by being thrown into circulation, indefinitely delay the establishment of the gold standard.
60. After the Straits Settlements had arrived At this stage, the procedure might be exactly the same as it was in the case of India, i.e
The position just now is that we are all com mitted to a certain policy-whether for good or ill remains to be seen, It is a policy that essentially demands patience and I daresay it ful in its issue the gain will repay u. To call may entail some ascrifice But if it is success
Abandon it and that policy in question now
in midstream will not in the hoises To change
pinion of your committee be prudent. At present it appears to us that there is no alter native but to wait patiently and watch events, We see nothing to gain by harassing Govern- ment at the present limo,
EMALL COINAGE,
|
We have however found it necessary to ap proach Government with respect to the state of the subsidiary coinage, as to which several complaints have been received by us. This colage has in the, past been issued freely in ccordance with demand as it arose, and it has evidently been widely distributed on the oul- ports and in China. When our exchange went up these coins naturally found their way back
have in consequence been in excess of our requirements. It has been represented to us that natives have passed these on European not legal tender over $1 many persons appene to have been content to get payment of their tlebts in this form for fear they did not get it in the coins again. any, and they have not been able to get rid of
Departures. Sept. 30 Sungkiang, for Manila. Lowther Castle, for Shanghai. Caithness, for Koba. Seneca, for Singapore. Andris Rickmers, far Hoihow..
Marax, for Swatłow. Helens, for Hoihow. Loongmoon, for Shanghai. Lydia, for Chinking. Yang, for Manila. Amigo, for Haiphong.
TOMORROW.
St. Peter's-Beamen's Church.. Queen's Road, West.". Moming Prayer 11 am, Venile, Goodson; Te Deum, Hawes Benedictus, Jubilate, Camidge:] Hymns, 4, 320, 516 and a23. Kyrie, Schubert. Holy Communion 12.15 p.m. Evening Prayer 6.30 p.m. Magnificat, Gregory, Cantate; None Dimittis, Turle: Hymns, 13, 311, 254 and 240)
Police
Deus
The Church launch Dayspring will call on ships carrying white crews to bring friends ashore to the services between 9.15 and
Pier, 10.30 and 6 p.m.): retorning after. and, and between 3.15 and 6 pin, (Kowloon wards, The Answering Pappant is the Call ed. Visitors welcome, Books, &c. provided.
Sunday school 10 to 10.45.8.m. Nye. All the sittings are free and unappropriat
Passengera arrived. Per Teay, from Manila-Mra. Millar child, Mrs. E. Hall, Messrs. Di Sth, Lent, Jules Ruppier, Joaquin Villa, N. Krall, Blaselt, N. W. Jenkins, Gearge 1. Frost,
Per Lesso, from Bangkok-Mr. Hudson. Quin Tic, Manuel Javier, and 60 Chinese,
Par Segovia, from Singapore-150 Chinese..
Shipping Report.
Sir. Proteus from Tamani-Strong ENE. and E, winds, with heavy sea.
Sir. Madeleine - Rickmers "from" "Bangkok - On 28th instant 80 m. 8. of Hongkong met typhoon,
Str. Tear from Manilat-Brisk monsoon, clear fine weather, and heavy SW, swell,
Bir. Tinizin from Moji-Experienced light to moderate NE'ly winds, favourable currents, and fine weather generally,
Vesiels in Port.
ESTRANXK,
-Moji 13th Sept, Ballast.-H. A. L. Arrateon Apcar, Br. s. 2,931, E. Fey, asth
Batavia, Samarang, Sourabaya and Macadear Per Timali, 7th Uct, 10 A.M. LIPAN Manila-Per Zajtro, 7th Octy to AM...... Europe at India, via TuzoruƐer Nubia, 7th Oct. 11 A M......
Singapore, Penang and Kutsang, 10th Oct., a P.M.
Kurope, Aci, India, via Rayers, 11th Oct., 11 A.M.
Singapore, Panang and Bombay-Per Capri, 12th Oct,
AM
Calcutta
Aucott, E, F Seat Ad
PRAR
— #alli, hf. P.
Per
Tuticorin- Par
Boggan, Mr. and Mr Rourchein, Mr. & Mrs. Boyd, Capt. and Mrs. Brown, D. E.
Chichester, Maj. A. A. Clothier, A. N.
Darling, Col
Manila-Per Rubi, 14th Oct., 11 A‚M,
VISITORS AT THE HOTELS..
Cocks, Mr. & Mrs. A.E.
Mt. Dixon,Mr and Mrs. Duncan,
ck. Lieut. A dwards, Me and Mrs.
Lay, Mrs.
Loudar
M
Macfarlane, Dr and
Mrk, Machle, Mr. and Mrs. Maddaford, Ne Wirtin. RAN
Meler, Mr. and Mrs. Mitchell, R
Musile, E O'Neil, J. L. Hugh
Pence, M
Parry, Major
Major
MER
Pollock, O., Mr.
Номокона.
Hurst, N Engineer
Capt.
Fuller, Mr. Gales, Capt.
Sawer, Capt. and Mrs.
Mr.T.
b. Mr. and -
Aabmead, P. H. Bell, R., Lient, H. F. Iboleon, Mrs. 14 Bingham, Mr. & Mrs.
1. E. and child Battiscombe, H. G.
Roman Catholic Cathedral:Mais at 6am Birbeck, R. Ja
LC.
7 am 8 am, and 9.30 am.. Benedict. 5.
5.30 p.m.
German Bethesda Chapel, West Point -|
Morning Service, 11 Rūmė
S.
C
Bissel, 8.
Mr. J. A. F. E. A
St. Franals' Church, Wanchai:+Mata(CA{N}+\BEG
6 am. (Pori.). 7.30 am. Benediction,
... $ putti
St. Joseph's Churah, Garden Road :-Morning Broughall, L
Service (English), 9 a,m.
St. Anthony's Chapal, West Point:-Mass. Uzion Church-Services, 11 am,, and 6'p.m.
a.m.
Post Office.
A Mail will olove for :- Swatow, Tsintau, Weihaiwai; Cheloo and Tientsin-Per Chikli, 1st Det., & A.M.
Nagasaki, Moji, Kobe, Yokohama, Victoria,
children and mald Johannsen, Edm.
Kerr, F.
Laing, A. H. Large,
LAVATT Lewis,
B. J. C. C. H. A.
D.
MacLenaLn, C E.
Bunner,
Mr. and Mrs. Marrioty W.C.
Carter, W. L Chalkley, H. F Chalmers, Dr. G.
Clark, Hon. Dr. Francis
Lt.
Clark, Mrs. Francis Clark, M. Clark, T Clarke, Mrs. T. W. Clarke, T. W. Clegg, R.H., Eng. and Mrs, H. 1."
Clemencon, Mrs. Copp, Capt. and Mrs.
Miss Ada Copp, Coulthan, J.
A. Cruickshank, Cunningham, G. Davies, F. O.
after sufficient Straits dollars had been coined houses in payment of their debts, and though Arcadia, Gan. k., 5,454, G. Schmidt, 19th Sept B.C, Vancouver,, Seattle and Tacoma, Wash. Clemencon. Mr. to meet the requirements of business in the Calony and the adjoining Stater, the coinage of dollars would cease until the exchange value of the dollar had reached whatever value in relation 13,the sovereign might be decided on by the Government as the future value of the Straits dollar. After this singe is reached the Straits Government would issue the new the fixed dollars in exchange for gold, and at
rate:
The ultimate rate of exchange which it is desired to establish has not yet been declared, and in that respect the scheme materially dif fers from that of the Indian Government. It must however he recognized that the difficulties in the way of Government declaring a rale have been considerable, and the condition vary from those prevailing, when the Indian mints were closed to free coinage of rupees. Instead of
silver "market we have had a steadily falling rising market Exchange has naturally ad y people vanced with it. The 2 rate which many hoped to see established was reached some time ago, without as far as i can ascertain any contraction of currency having taken place indeed it has not had time to take place--such as required to bring the value of our dollar up to a sufficiently high level above silver parity to enable a rate to be safely declared demand rate of exchange London is only about 3 per cent, above allver and has not I think exceeded 5 per cent. during the last six good deal months, and it has been often a lower. When we talked of a 2/. dollar our ex change had sunk to 1/2 and even lower and there seemed no end to the fall., But we are now well over aff. It is not to be expected that Government would fix a rate below silver that is to say coin dollars at a loss. If a rate is to be fixed now that will be a safe rats it will have, in order to follow. Sir David fiarbour's ideas and the indian plan, to be a rale con present ruling. siderably higher than that On the other hand if we wait we may possibly so a decline in silver which will make the 2- rate a safe one and one we shall be glad to secure,
10
If
to
it
There is, however, no doubt that some in- convenience has been caused to the trade of the Colony by the excessive circulation of thess coint and your Committes considered il was only right to ask Government, who had made a large profit in coining them, to under take the expense of calling them in. So far the only steps taken by Cavernment have been the recall of a small quantity menibly through the Oplum Farm and the stoppage of further issue. A suggestion made, by them. to raise the legal tender from $8 to $80 did not appear to us calculated to afford relief.
WINDMILLS FOR CHINA.
U. S. Consul Anderson at Amoy, China, re- ports an oppotiunity to introduce windmills and rice hullers in that vicinity where rice is extensively raised bus without the aid of labour. Baving machinery. Here rice is hulled in the ancient way by a coolie who beats the hulls from the rice in a large mortar with a padded maul. Some of the larger rice establishments use a beating contrivance in which the maul la at one end of a beam which the cuole works with his feet and weight, hulling about 150 prunds per day. In the French possessions south China, windmills have been introduced la operate rice hulling devices and they will would be favoured by the steady winds. Here doubiless soon be in use in Amoy where they windmills could also be put into use for raising the water with which the rice fields are flooded,
of
Sept, Calculia 9th Sept Penang and Singapore zoth, Gen.-D. S. & Co., Ld. Bomen, Ger..., 1,344, F. Sembill, 25th Sept.,, -Sandakan 21st Sept., Timber and Gen. -M. & Co.
Bourbon, Fr., 977. Ch. Sisco, 7th Sept.,-
Shigon 3rd Sept., Gen.--We Fat. Carl Menzell, Ger ss., 984, G. Command, 23rd Sept.-oji 18th Sept., Coal, E. A. T. Co.
Ballast.-C. C. S Clavering, Br. ... 2,154, D. Barton, 6th Sept.,
Salina Cruz 31st Aug S. Co.
-Dunherkue 21st Aug, Railway Iron, Order Empress of China, 'Br. s. 3,046, R. Archibald, R.N., 26th Sept.,Vancouver, B.C., 4th Sept, and Shanghai 24th, Mails and Gen.
Co, E. P.R.C
Cranley, Br. 4.5.3,954. W. E. Steele, 29th Sept.,
N
"
Per Tydews, and Oct., 9 A.M, Shangbai, Nagasaki, Kolz, Yokohama and San Francisco-Per Siberia, and Oct.. 11 AM,
Swalow Amoy and Foochow Per Halmun, Haiphong-Per Sigwal, and Oct., 5 P.M. 2nd Oct, 5 P.M.
100t / Isa con b Patrine, NC. Polynesien, 3rd Oct., 13 A.M.
Singapore, Penang and Calcutta -.Per Shanghai-Per Kwongsang, 3rd Oct., 2. P.M. Arralson Apear, 3rd Oct., 2 P.M.
Manila Per Tean, 3rd Oct., 3 P.M. Manila, Timor, Port Darwin, Thursday Island Cooktown, Caims, Townsville, Bris-
Sydney,
hey, Hobart, Launceston, New Zea-
11 AM; land. Welbourne, Adelaide and Perth Per
Australian, 4th Oct
Singapore, Sourabaya
baya and Samarang-Per Fishing, 4th Oct. 27.M.
KAME
་་
W. B. nich,
W.
•Miller, PO
Moon, Mr. & Mrs. R. M. Moore, Dr. W. B. A. Morrison, Mr. Newington, A. G. Oliffe, O.C. Packer,
B. L
Pan, Parfit, W.
F. N. Le
Paley, Mrs. E. O. WA
Mr. and Mrs.
T. L. Pfordien, A. R.
Pless, H.. Powell, W. A. Price, Mrs. P. M. Reel, Dr. L R. Rinderknecht, H. T.
Mrs. J. S..and Rod Schellema, D. Schweitzer, A. M.:
Doolittle, F. H, Donglas, Capt. & Mrs. Dowley, Mrs. W. A. Downing, Mr. T. C. Evan-Jones, Dr. and Shea, J. J...
Mr. E.
J. Schweitzer, M.
Scott, J. Gray
ott, Mrs. J. G. Scoll
Freeman, J. G. Fulion, Dr. W. Glover, G Grant, Gropp, Dr. F Grone,
Flecher, H.
TW..
Grone, Mrs. F.
Hall, Capt. T
Revolt (1o1 E. J.
Shanghai-Per Shno sing, 3th Oct., 3 P.M. Amoy, Shanghai, Nagasaki, Kobe, Yoko
Honolulu and San Francisco-Per hama. Br... 1,423, T. Arthur, 22nd Septfongolia, 6th Cot., A.M. Fodthings 12th Sept., Sugar.-1. M. & Co.
Swatow, Chefon and Tientsin-Per Worang. Harman, Mr. and Mrs.
Halt, B. G. Innes, Capt. R.. -Foochow 20th Sept., Amoy 27th, and 6th Oct, 11 A.M.
Manila-Per Loongsang, 6th Oct.. 3 P.M. Swatow 28th, Gen.DL. & Co.
HIS BRITANNIC MAJESTY'S Hailan, Br. s., 183, 1. 5. Roach, 29th Sept,
Sept, Singapore 23rd Sep., GoD.- Hongmoh, Br. 5., 2.554. Wm. Dawson, 28th
Chinese. Katherine Park, Br. ., 8,075, W., H. Copp. 21st Sept.,--Durban 21st Aug, Gen.-G., L&Co.
Bangkok 16th Sept., Rice, and Wood. Machew, Ger. ss. 1,000, H. Harjes, 26th Sept.,
26th Sept.-Weibalwei 21st Sept, Ballast. -Admiralty. Mercedes, Br. transport, 2,900, J. S. Macgregor,
Cadmus Sepl
Francisco 26th Aug, Honolulu Yokohama, 14th, Kobe 16th, Cherch Mongolis, Am. 1., 8,710, W. P. S. Porter, 25th Ronaventure
Dindem Nagasaki 19th, and Shanghai 23rd, Mails Clio and Gen.-P. M. S. S. Co. -San Francisco and Ports 16th Aug. Erne Siberia, Am, ... 5,655, J. T. Smith, 12th Sept., Dee
Mails and Gen.-P. M. S. S. Co.. Signal, Ger, s., 907, A. Bendixen, 29th Sept., -Deli 19th Sept., and Swatow 38th, Ballast.-J. & Co.
་
Andromeda
Alacrity
Arun Astrara
Ellrick
Ext
Fanie Flora ...
Hart
Handy
-Saigon 22nd Sept., Gen.-B. & Co. Taishan, Br. 5.8., 1,121, J. T. Laing, 27th Sept.,
Sept.-Liverpool via Ports 20th. Aug., Hogue... Iphigenia Gen.--B. & S. Tydeus, Br. s.6, 4,799, M. H. F. Jackson, 29th Hecla... wik, Ger. 8.8, 2.900, H. Carstens, 25th Sept.,ichen...
'Moji arst Sept., Coal.--), & Co.
SAILING VABAKLA,
27th Aug,-Haiphong 23rd Aug., Ballast. Robin...
Sandpiper... Churchill, Am. 4-masted sch., 600, Huffman, Rambler
Master.
boat destroyer
torpedo boat destroyer lorpedo boat destroyer .... cruiser, and clays
inrpedo bost destroyer
torpedo
boat destroyer service torpedo-v...
cruiser, 1st
bost destroyers)
river gunboat
river gunboat
Stein,
Taylor
0.
Mr. and Mrs
Wakefield, Mr. and
Min
Watkins, Miss E. Whitlow, A. W.
Whitton, Mrs., child
and infant
B. Brotherten
Col.
Hareland, F.A. Halaguan, A.
W. H. Howard, Hudig, D Jeffries, 11. U.
Johnson, Rev.
VED
Mr.
W von
Vereker, Capt.
Mrs.
Up, Gordos
Whits, Dr. M. Į Wilford, F.C.
Toseph, Mr. and Mrs... Witt, Major Kelsall, Major & Mrs.
Idams, F. R. J. Barnett, H. J.O. Brown, C. A
Dann, G. H.
Fairchild, H. J.
Frost, B. L.
CRAIGIEBURN, **
Ginakell, Mr. and Ms.
Jameson, P. 5.
Nicholls, E. A Smith, E. Grot
Smith, Mr. and Mrs.
Grant *Smith, Percy
Webb, Mr. and Mrs.
Montague
Wilson, Dr. Newall
Marchaat, Capt. and Young, J; Ashton
Mrs, and children
Anderson, C. Brutenbach, G. Caspersen, S. (handler, F. Fischer, Ch. Gaisler, Max.
Gorcke, Mr.
Gulriet, P. Hales, G. L
OCCIDENTAL.
Kampjard, Mrs. G. and
child Key, Dr. H.
Hall, J. S. Leener, C. De
Brojever Temperature
***
Krill, G.
Lowe, Mr. and Mrs.". Lowe, Miss Sierie Munro, Miss A. Neubraun, J. Obme, A.
OE. B.
Pile, Mr. and Mrs. A.
G. and child, Swaby, Mr. and Mrs.
T. C.
KOWLOON.
PORTION, W.
Singapor Walhalwel
F. B. Noble...
Lieut-Commander J. Kiddle
C. E. Monro *****
Walfielwal
***Surveying (Labuan)
CallCommander Robert E. Vaughan. Went River
Lieut. Commander H. T. Aslay
Davidion Lieut.-Commander:
W. L. Grat....
West River
Sept. of a Sept. 19.kl
15..
30.09
Bọ.........
·Wright, Mr. & Mrs. T. | SHIPS ON THE CHINA STATION.
Humilitý kon Rainfall......
B6
0.11
CLASS
TONS. GUNB
I.H.P.
CAPTAIN,
LAST REPORTED AT
drepatch-kessel...
1,700
3,000
Commander Harbord
Waibalwel
cruiser. 11 class
+1,000
16
16,500
Captain R. Nelson Ommanney
Weihaiwal
torpedo boat destroyer
$30
6
7,000
Lieut. Commander R. H. Heaton
Weihalwai
ruiser, and class,
4.305
7.000
Captain Lionel G. Tufnell
Hangkong
cruiser and class
4,360
7,000
170
1,400
ust tank noi! tut
390
storp ...
1,070
cruiser. 1st class
11,00
16,500
11400
300
Captain H. H. Torlesse... Commander H. du C. Luard...
Commander H. D; Wilkin, D.B.O.
Weihaiwal
Yangture
Hongkong
Yangtixo
500
7,000
edo boat destroyer
550
7,000
(orpedo boat destroyer
560
7,000
7,000
Lieut. Commander Lowin A. F. Everett Commander
Captain H. W. Savory Lieet-Commander H. E. Suilvan Lieut-Commander Bather...
Weihaiwal
Weihaiwal
Weibsiwel
Weihaiwai
5.700
7,000
Lieut. Comniander Stevenson Captain H. Grant-Dalton
***
Walbsiwel
Weibniwal
4,000
4,000
2,400
Captain
Lleat. Commander H. B. Cox Lieut. Commander Richards...
***
class
12,00
21,000/
+
Captain
Shortland
E. F. Charlton
B.
... Hongkang
201
Welhalwa
Weibalwei
***
.་
cruiser, and class
7,000
7.000
Captain
B
torpedo
7,000
torpedo boat destroyer ...
1.900
Lieut. Commander C. Saymour ...... · Welfiniwel Lieut. Commander W. H. Darwall
**
Hongkong
Horgkang
Kinsha
river gunboat
1,200
Lieut-Commander E. V.F.R. Dugmore
Yangtze
Moorhen
river
Lieut-Commander
Hongkong
surveying vessel
torpedo dastroyar
river gunboat
140
Ex
340
140
Yangtze
topeda Lust destroya!...
250
Sulle
12,000
6,500 21,000
In
Hongkong
•Walhalwoi
***
Tama
Steamers-Expected..
Vassils
Açints From Saigon ...M. M....... Oct. Manila B. & 5...Oct. M. & Co Oct. Singapore
.....J. C. J. L ..Oct. Kobe Singapore C. & Co.... Oct. Singapore B. & S... Oct. Sydney...
...G., L., & Co Oct. Tapan. M. Co...Oct. 8 Vancouver C. P. R. CoOct. 10
Due
Teal Virago Waterwitch W bieg Widgeon... Woodcock.... Woodlark...
river gunboat.
ving ship •••
4.45
Bo
800
inrpedo boat destroyer
365
6,300
surveying ship...
620
..450
Commodore H. P. Williams .... Lieut. Commander E. Becretan.... Lieut. Commander Gregory... Commander R. W. Glennie
Hongkong
Yangtere
Weibalwei
Burveying (Swatow)
torpedo boat destroyer
360
*5,900
river gunboat
195
800
river gunboat
150
Weibalwei Yangtze Yangtere
river gunboat-
150
550
Yangtise
+
2
2
Flag Admiral Sir Gerard U, Noul, Commander-in-Chiel,
3
FRENCH MEN-OF-WAR ON THE CHINA STATION.
NAME,
FLAG AND DESCRIPTION.
TONS.
GUNE
H. P.
COMMANDING Officers.
LAST REPORTED AT
Acheron
10
1,700
Lieut. Ferret
500
Libat. Jeannel
150
150
Lieut. Huc
*** H
201
150
438
Lieut. Merveilleux du Vignaux ...
$500
1,000
Captain Allaire Lisatonan! L'Eout
the
140
Bais d'Along
Halphong
5.500
Commander Amet '...
H
Bale d'Along
Lieut. Mère
"
6,300
Liegt, 'Cotoni
***
303
Capt. Prat...
Hongkong
20,200
Capt. Ridouxi..
-
Lieut. Fortior
308
Lieut Corlouer
Balo d'Along Halphong
300
Commander Sagot-Davaoronx
2,200
Commander Simon
rer
5th Sept.-New York 14th June, Case Oil. | Takti
S: O. Co. Ecuador, Ger. 4-masted ship, 2,193, 0. Dick
mann, 2nd Sept-New York 19th May, Patrafine.-Order..
Amoy is one of the old open ports in China, certain classes of foreign and trade in goods is well established. In line with gener et policy among both Chinese and foreigners But in any care the scheme is to fix the rate
in the trade of the Far East, most firms con. by contraction of currency. Has that con
tinue to buy their supplies from the same whole- traction taken place yet? I doubt it. it had we shou'd surely be more than 3 per sale houses and the wholesale houses from cent, above silver. Now-contraction meant the same manufacturers of jobbers with which difficulties of all sorts in our business In they have been dealing-since their first trade Adopting the scheme we had to face this car was established. At the same time considerable can be done by Americans interested in pushing tainly and we have to face it still. It is not be supposed that a mere stroke of the pan is new American can goods as well as some going to give us stability of exchange. It is the older stable lines, and even correspondence obvious that the change proposed must cause may be successful in securing trade; alth ugh inconvenience and possibly hardship before becomes successful, it would therefore be in this, as in other respects, it need not be ex- ought to do until there is personal representa inexcusable to complain of such things occur. pected, that American trade will devent it ting now. It can only be the undue prolongation. Aside from what are known sa commis do both a wholesale and a tion of them that should affect our judgment of the scheme., lo India I think they had to wait Bion.houses in Amoy, most foreign firms and Combermen, Br. ship, 1,686, C. G. Dixenar, | Snipa ***
business. The commission houses some three years before they ultimately attained their many Chinese firms
and it was a period of some difficulty times have regular lines of goods which they object,
dispose of to Chinese through their compra which caused many to foretell disaster-but so
dores, but more often are open to all sorts of far disaster has not
come.
are constantly in There is, however, one point in which I think
nese dealers with whom our situation differs from the indian. In India propositions for the sale of goods to the Chi the export trade exceeded the import trade touch the bulk of foreign goods far. Amoy very considerably, so that a demand for come by way of Hongkong, the distributing
counted on. safely
polni for South China. Amoy itself is a distri rupees ultimately wAL
Oceanien With us imporis exceed exports, so that the buting point for a number of large Chinese demand for dollars and the contraction we cities in this vicinity like Chang-chew and
Chinchew, neither of which is an open post, i. Taiyuan.... want are not so clearly foreshadowed, If there be no demand and no contraction then wee, a port in which foreigners can establish Katsang. may expect the present scheme
consume considerable foreign goods, like flour, Capri.....
Kintuck .... position as a free emporium for the collection themselves, in business, but are places that Finan of goods and produce will receive a severe kerosene, and medicines.
ese cities can only be reached through Empire shock. Such considerations have I think been
The Anny firms or, in exceptional cases, through China...... present 10, many people before new. Bab-Commitice of this Chamber in its report Hongkong. For important lines of goods Athenian of 6th Novembent gold standard. It is this
advocated the adoption American manufactoicis can secure incal ChiPrinzess Alice.. Colombo... M. & Co... Oct. Fo
ese agents.. of so
an independent referred to by Sir David Barbour's com mittas:**
rculating
in
our to fall and
that pro
Shipping
Arrivals,
1
▪༢
DOOK RETURNS.'''
"
· HONGKONG AND WHAMPOA DOCKS, Blackheath market
Kowloor
Tientsin, Br. .., 3,950, F. E. Andrews, R.N.R. Feozbing ............... 19th Sept.-Maji 25th Sept., Gen.-P. & | Empress of China-` ... C. S. N. Co.
Ponape Proteus, Nor. 8., 1,024. N. C. Krabbe, igth Sept.-Tanul via Amoy and Swatow 18th Sept, Gan-0.5. K.
Baralong, Br. u., 2,661, G. D. Jenkins," 29th Sept.,-Shanghai 26th Sept, Gen.-N. Y. K.
#55. There are various methode which might be adopted for the establishment of An Independent gold standard in the Straits Set- tlements. The first which we wish to mention in that of which the leading identoriginated with a Sub-Committee of the Singapore Cham ber of Commerce, and is explained in s Re
Under port of 6th November, 1897. posal the Stralis Government would obtain
of small denominations, espe supply of sially of one-dollar poics. This supply would require to be amply sufficient to cover the and British dollars number of Mexican
the area of the Colony and the proposed to Malay tates in which it is establish the gold standard. The object of to obtaining these notes would be temporarily
them for the Mexican
and British substituto dollars as the currency of the country and later on to exchange these notes for coins, of a now currency special to the Straits and issued on a Kalping, Br. 1, 1,604, R. M. Macfarlane, goth gold basis. We have considered the detalls of Sept., London 17th Aug, Gan.—Japanese. the measures by which this could be carried Loosok, Got, 2., 1,020, G. Schulteen, joth Sept., Bengkak 20th Sept., Rice and Gen, for reasons given below, we do not out, but as,
B. & S. 146 our way to recommending the plan wo have not the
thought is necessary to include them Madeleine Rickmers, Ger. B, 1,120, Simon. this Report.
sen. 29th Sept., Bangkok 22nd Sept; Rice.-B. & S. If the procedure above ladicated could be successfully
in
ing a gold standard into the Straits Settlements would be solved in the speediest way, and solved In a form which would not impose any cost op the Government, But the question whether the general po ulation would quietly cates for cola throughout the country is oes in
accept
Tean, Br. B. 1.346, W. B. Brown, 3 th Sept. Manila 27th Sept, Gen-B, & S.. Segovia, Ger. L., 3,800, Schoenf ldt, 30th, Sept.,-Singapore 24th Sept, Gen.-H. A
L.
Clearance at the Harbour Office, Amiga, for Haiphong. Hallan, for Swatow, Machew, for Swatow, Chilli, for Swatow,
regard to which we feel great doubt. From da, for Chinklang.
yin kaws of India we bare noe blation
in saying that no such plan could have been er
Tansang, for Manila.
for Yokobama, could be adopted in that country, and although Baralong, for Blugapore, the proposal was made by a Sub-Committee of Proteus, for Swatow, the Singapore Chamber of Commerce and is - | Kaiping, for Yokohama.
Clavering
ATKUS... Avalanche.. Rock. Baionnelle...
Caronade .. Casse-tête
Comete
11
D'Assas Décidra
SHANGHAI.
23rd September.
Descartes ... Estoc
Terje Viken.......international..... Sept. 18. Francisque... •...
Guichen!...
Kores............
Satsuma.............Cosiopolitan, Viking wa Lianshing....... Lianshing m Tahuog Maru ......Tudkadoo, ..................
12. Jacquin
31
15
21.
447
"
14 Gueydon***
Old,
H
11. Henri
Rivitie
Now,
18.
11
Javelige Kersaint
22.
N
Lynx *** Montcalm Mousquet
Ships Passed The Cana].' Outward-12th September-Oceanien, BenPeiho alder, Dardanus, Glenlochy, Tiberins Kosong Pistoler
Protée... 5, 15th September-Poona, Lothian. h September-Annam, Rhasita, Prinness Alc Bachmana, Shadwell, 23rd September-Dar. Redoutabla...
Babre Styx callon, Altria, Benarty, Indrani, Salazie. 17th September-Himalaya, Inkula,
Homeward--15th September-Acilia, Calarprise chat. 20th September--Idomansur, Kannibic,
Takap,.. Japan. 23rd September Pring Bitel Fris rich, 27th September-Beumehr, Si, Huge, | Vauba
Vigilante Stanfor
Arrivals at Home-12th September--Sitke Ria, 15th September-Brisgavia, Noripol. 20th September-Alcides, Formosa, Palma. 33rd September~Ajax, Priny Heinrich, Syde May, 37th September-Telemachur,
...
clan
armoured gunbost river gunboat river gunboat river gunboat river
river
gunboat gunboat
armoured cruiser
cruiser...
river gunboat... destroyer ... destroyer.... protected cruiser Armoured cruiser Tiver
gunboat
river gun
gunboat destroyer cruiser. sub-marine... Armoured cruiser. destroyer
P
1
+14
river gunboat
4
sub-marina. battleship, reserva
191
RES, FERRERA, 5, 15
Lieut. Commander C. EL. Thomas... Lieut Commander G. B. Spicer Simson Lieut. Commander Hugh Somervilla... Lieut.Commander Joo. F. Knox...
19,600 0,300
Armbruster
Lient' Pml
Lieut, Grallier
191
Commodre C. P. M. Poidlage
He
***
Saigon Canton Haiphong Salzon
Saigon
Salgos
Gulf of Siam
Haiphong Haiphong Haiphong
Haiphong
Haiphong
Salgon Sulgon
Baie d'Along Bais d'Along
'Along
Lieut Lavissière
6,300
Lieut. Glorieux
6,071
Lieut. Labail
..
1,700
Capt. Duprier
atinoored cruiser gunboat
20,000 yoo
Capt. Galbertend
← ་ ་་་
Lieut. Raque
+
**
river gunbost
T
destroyer i
Capt, Terquem, m
battleship, reserve ...
river gupboat
4.360 500
* Hongay
Liant. Bruznon
1
77
יוי.
•Flagship of Vice-Admiral Richard, Commander-in,Chief,
1 Flagship of Rear-Admiral de Fanque de ¡ynquibras, Second»\s+\
Bard
Bale d'Alang
Alony
Upper Yangise Saigon
Canton