The Hongkong Telegraph.

NEW SERIES No. 5884

CONTENTS

Birtha, Marriage and Deaths,

Loading Artiolos:-

Shipping Subsidies in Japan. Shipping Rings in the Far East. American Trade with Asia.

On the Question of Shipping Rings.

Legislative Council Business.

The Estimates..

Telegrams:

Great Britain and China. Tang Shaoy's Mission. America and China. Shanghai Libet Action. Another Chinese Loso, Finance.

The Chinese Boycott,

China's Currency, Kinochow.

Moatinga:--

Legislative Council.

Dauglen Steamship Co., Ltd."

Yokohama Specie Bank,

Legal Intelligence!--

Alleged Piracy,

Alleged Perjury.

A French Dispule.

A Contractor's Troubles.

Police:

Typhona Aftermath.

Imponent Arms Case.

Merchant Arrested.

Where is My Wife

Alleged False I'rétences.

Shopkeeper and his "Chow."

The Mortuary Burglary.'.

Cats for Sale.

Correspondense :---

Tram Conductors,

the Governor.

Miscellaneous Articles and Reports":--

The Opium Trade.

The Recent Typhono.

The Glo.

Launch at Kowlenn.

A Trial Trip

The July Typhoon,

The Appropriation Bill,

Passenger Bat Overturned.

A Terrible Denth

Canton-Macão Rilway,

New Post Office.

The Interpoit Cricket March,

The Harbour Race

The Paul Brau Affair.

The Police Force.

Kowinen Waterwaks.

The Patrol Cruiser.

Wuchow in 1907. - Typhoons.

•V, R. C. Annual Aquatic Sports,

Now Law Cours

Secret Societies in China.

Raub Crushing.

Marine Court.

Gall

The Opium Conference..

Volunteer Corps Orders

Typhoon Warninge.

Canton Day by Day.

Swatow Cause Celebre,

The Anti-pium Campaign.

SHIPPING RINGS IN THE FAR EAST.

MAIL

SUPPLEMENT.

(ESTABLISHED 1981

SATURDAY, SEPTEMBER 26, 1908.

I

KINGS.....

|

六拜道

號大十月九其港香

$13 PER ANNUME;: SINGLE COFT, 35 Cewtw.

the answered in a manner which

may lead later on to resolution boiss

meeting moved on the subject. The business of the into Finance Committee and passed, or rather recommended the adoption of, an

none of the financial votes was of very great" exceptionally large number of minutes, but import.

was finished when the Council went

THE" ESTIMATES,

(asth September.)

When His Excellency, the Governor ast out to frame his introductory speech on the Estimates it is reasonable to suppose that be called to his assistance the heads of the various official departments under the Government to assist him in his tasks. And it is reasonable also to suppose that none of

bia

誠二初月九年四十三精光 ping lines, According to the Budget for the so, or failed to carry out the purpose for that will doubtless bd, dons, except in one bates, causs the Colony to lose the current fiscal year the total amount of ship which it was established. There is, how contingency. The subsidized Japanese ships handling of six million pikuls of produce ping subsidien tu estimated at twelve million ever, ample cridesce to show that the policy can and doubtless will make rates which, trade and drive away annually 40,000 tons yen. Unless the law relating to shipping has been not to charge fair rates but to added to the regular railroad rates to the of shipping, raise freights by hundreds percent subsidies is amended there is no doubt that "bleed" cargo. Thus in May, 1900, the interior, will make some competition for the in this question we may as well quote the the expenditure will steadily go on increas freight on sun was raised, from 379 6d. to Suer route. Even Japanese ships may not Free Fress again "On this evidence and ing year after year. As the first step towards" 4:18. Now, this is an excellent class of cargo, be able to run at profit, for the Atlantic on these charges we ask the Government to the readjustament of finance it is advisable easily handled, stuwu and ieldom lost, and companies which take busines for Europa, step in, as being the only power that can that the bounties now paid for the regular as one too occupies tight cubic feet the the Levant, and all points between New prevent the process of deterioration of our lines abroad should be abolished. For ship-owner no doubt rejoiced at the prospects York and Yokohama can, perhaps, make trade, and pass an Ordinance declaring that funately the contracts for subsidising these of receiving over £12 per 50 cubic feet rates on traffic east of Singapore which evane secret rebates are illegal. It would be better lines come to an end at the end of 1909, ao. The managing director of the smelting com the Japanese cannot meet on the Pacific if they would go further and declaro ali that a decision should be taken not to renew pany which deals with over two-thirds of the and will be able to maintain soliciting combinations in restraint of trade illegal, the contracts." The Government is now pay production, threatened so successfully to sell, agencies in towns where a solicitor of a Pa but that is perhaps a step beyond what cific line could not earn office, rent. The British public opinion is prepared for at ing a certain amount of bounty to the ser- in London, and thus deprive the local mena vices to Europe, America; and Australia, in hers of the Conference who are merchants resalt, of the ruling of the Interstate Com present." All that may be beautiful and order to develop trade with those continents, of the handling of the trade, that in one mission, that rates between interior points in fine, but would they want us to send our but the amount of subsidy paid is rather ex-week the old rate was reverted to. The the United States and non-contiguous foreign goods by tramp steamers who have no rate ̈cessive, and a return commensurate with the same policy was again pursued in Novem- countries must be published like domestic whatever. and whose excursions cannot be outlay is not to be obtained. The Company ber, 1906, when the article was raised by strates, necessarily broke up the Pacific carry accounted for? No doubt the combine

those heads was so circumstanced or, shall concerned may put vessels of an absolate and again the energetic remonstrance of the ing trade la American bottoms. It cannot system is wrong in principle, but we very type on the lines, and however unnecessary gentleman now holding this position in the be gou in the face of Suez competition. much doubt if it has been found to be wrong Bay, so inclined that he was anxious to look at the affairs, conduct and adminis or unproductive some of the regular lines may Company, and by much the same tactics, Whether the Japanese can get it remaina.to in action. It would not pay them to be so. he, the Government is bound to pay the stipu compelled the Conference to reduce the be seen. The business will be turned over The suggestion that rates have been raised tration of his particular department as to A Japanese line may re-hundreds per cent. is quite true in a way, present an entirely unbiased opinion of the Inted amount of bounty so long as the con rate not only by the new addition but by 78. to them to try. tracts remain in force. Not only so, but a 6d, or as: 6d. less. It has not been denied present Americas capital, but will By the but why? We would suggest that it is simply results achieved during the year. Therefore, company which has the advantage of such that other poris, not so favourably situated Japanese dag and be manned by Japan- due to enforced competition. More than the Governor's statements and conclusions protection tends to crush the competition of enjoyed lower rates, and it is on record that ete. It is not at all possible that a Japanese that: Was there ever a time when people in are, in a way, the reflex of his subordinates" the Far East could go bome so snugly and ideas and aspirations rather than their ad unprotected ships, and is thereby hampering only last year from the port of Macassar, company can compel existing Suez. lines to the healthy development of the maritime which is further from the market of con- hold up rates and stop cut-throat competi- comfortably at a low charge than at the pre-mission of the actual condition of things. industry of the country. In such circumsumption, rattans were being sent as dun- tion. In their lines from Yokohame to sent day? It may be remembered that two We take advantage of His Excellency's sug mances it is advisable that in the next nage at 458. per ao cwt., against 753. charged India they have means of retaliation which or three years ago Sir Thomas Sutherland gestion that his statements for which ha must of course be held responsible whatever session, the Diet should not vote a renewal in Singapore. A protest of shippers here result. Americans lack. However, disastrous the said that passages to Bombay were some of the contracts if the matter comes before ed in the rate being raised to the Singapore le result, the Interstate Commerce Commis- thing under a penny a mile Can any the source to subonit a few considerations. the Houses for approval. It may be con vel. An important statement which all whohave slon is not to blame. It seems to have body say, that freight-no-speak of silk which we are afraid will not in every case tended, continues the Tokyo journal; that watched the freight market know to be true interpreted the law Correctly. The fault lies and the products of South China-can be coincide with his views. We do not intend the discontinuance of the subsidy on these is to the effect that the expansion of such a in legislation hastily enacted in a vindictive much less? They are as a matter of fact so to traverse his assertions which we assume regular lines will have the effect of atro place as Macassar, which, like Singapore, is spirit at the behest of agitators who see pro- much less to suit the convenience, and the is the proper term to use in this connection Mr. Sheltos Hooper's Acknowledgement to phying the shipping industry which has been not a producer, but collects from other fit to themselves in vicious attacks on all ability of the exparter. We quote again in their entirety but to deal generally with nurtured at the expenditure of so much places, is attributed by some to better ship-forms of prosperity. The passage of a rate from our contemporary, in the Straits: some of the contentions which were used as money. Such, however, will not be the ping and banking facilities, and the position bill and the reduction of the great corpora "There is an overwhelming balance of arguments by His Excellency in the course of case. Even though the grant of the special now taken up by Conference apologiste is, tions to obedience to the law was a vital public opinion and public evidence against his marvellously lengthly address Taking the operations of the Conferences and the it for granted that the vast majority of our hounty be rescinded, the shipowners can that expansion of other eastern places and necessity. If they bad in good faith, co- obtain a subsidy under the provisions of consequent direct dealing with Burope would operated in perfecting the law this and many Secret Rebates. So much the easier for the readers have assimilated, or attempted to the Navigation incouragement Law, though have occurred in the ordinary course, though minor inconveniences would have been overnmenttonct. It might be advantageous, assimilate, the complex Agures, relating to this law also requires amendment, The it may be Conference operations have has spared to the public. When they would not however, for. some Unofficial Member of the estimated revenue and expenditure of grant provided under the law is on such a tened the inevitable. But, as is well known, co-operate but fought all effective regulation, Council to ask a question whether the Govern- Hongkong for 1909-and we are compelled liberal scale that the shipowners will not the demand for outward tonhage from it was inevitable that sweeping provisions of ment intends to take legislative action. And to say that unless they had the Estimates in suffer from the, want of encouragement on urope to the Far East is far in excess of the law would have effects not foreseen by then the AA has sundry remarks to the men printed form, before them they must have the special bounty being abolished. Japan homeward requirements; therefore the posi-, their authors. As conditions are to-day, any who should do those things. Now we want fancied themselves in the throes of a night is at present paying Y4,300,000 annually for tion of Singapore, Jying in the mainway of attempt to regulate rates from interior to reproduce what the Press says on the mare, without beginning or end--we will for the maintenance of the three lines mention this ocean trade, entitled it to look for points in America to non-contiguous foreign subject, leaving out what we hope are ima moment regard the highly optimistic tone ed. That a company with a capital of a cheaper freight than places lying in distant countries by any impairment whatever of material points: In this case there was of the Governor in dealing with the finances million yen can enjoy a Government grant sear out of the direct route, and even a level freedom of action on the part of the rail-distinctly a need for the maller to be taken of this Colony. Of course all Governon roads must result in the best-situated ocean by the press. It was obvious that the mer- are optimistic; it is their duty and policy to of over five million yen-annually is perhaps market with equal freights is an injustice to without a parallel in the world, and is evid. this port, which, by its facilities for loading, lines getting the entire trade and keeping it chants themselves would never bring the be optimistic; but, as Burns said, "facte aro ently an abuse of the principle of protection, cheaper coal, quicker despatch, and fine har until they can safely raise rates to suit them affair to publicity for various reasona pre-chicle that winns ding" and it is facts. The Government should either totally abol bour, is far in advance of most of its coupeti selves. If we desire an American Pacific viously enumerated. The Conference has, which we propose to present and deduc. ish the special bounty, or, if there are cir- tore. Afr, Stuart gives an example of the man-steamship service, concludes our San Fran. twice since the 190a. Shipping Rings Com-tions from those facts which cumstances which necessitate some grant,ner in which foreign interests are fostered, cisco contemporary, we must repeal all pro- mission report, been severely criticised by escaped His Excellency's attention. the expenditure should be greatly cut down. with the explanation that the Conference does visions of law which impair the ease and Government, and we conceived it a public most in the opening words At the same time the Navigation Incourage not confine its tenderness in the interests of vigour of its competition, and must also pay duty to underline the Government condem speech, the Governor suggested that the ment Law should also be revised so as to American consumers to one article, but that such rates for ocean postage as will fully nation by bringing forward that evidence barometer of our financial position was to meet the needs of the present situation. the obliging British ship-owners would carry offset the Japanese subsidies and low wages, which lay so close to band, evidence which a certain extent affected by the land sales, the supported the Government condemnation, barometer and tides being favourite similes on January of this year any description of produce to London at the quoted rate, and ON THE QUESTION OF SHIPPING evidence which under the peculiar of the speaker. If the land sales are satis- circumstances we, believe would never factory then the prosperity of the Colony is there tranship it from one vessel to another

have received anything like such com assured, said His Excellency in effect. Well, and carry it more than 3,000 miles further,

plete rublicity, had not the press under. we take bim at his word; and regard the land. (21st September.)

to Boston or Philadelphia for-18/additional-

In several leading articles recently the taken to bring it forward... There has been sales of 1908 and those estimated for ext In a colony where shipping is all-import- Great Britain, as a distributor, has lost ant, the report by the Registrar of Imports ground largely owing to the more favourable Singapore Free Press has been conducting a throughout no question of sensational year, in order to discover the reason for the newspaper agitation. The facts have been optimism which is in him. The normal re and Exports in the Straits Settlements or rates to America and the Continent. With Crusade against the combine known as the rings and conferences" must prove of such a large number of interested lines, Shipping Conference and the system of gathered from official reports and from the venue and mark the word "normal"--de- interest. The report, which was laid before British vessels belonging to the Glen, Bea secret rebates. The final of the series ap opinions and knowledge of men weil quali rived from land sales is $300,000, but in 1907 the Legislative Council of the Straits, is and Shire companies for some years took peared in our contemporary on the 16th inst. fid to judge, the presentation of those facts they only realised $159,000 and this year summarised in a most interesting way by little or no cargo from Singapore, but and consists of a summary of the evidence has been in such form as was considered they are expected to fall to $110,000. the Mrait times. The Registrar is almost searched at other places as far distant as the collected from various sources which are would best bring home their meaning to all Next year it is estimated that the sum to be as severe in his strictures as Mr. Clementi Pacific Coast, the Philippines and so forth,lated, and the formulation of the charges who should see them. There has been obtained from this quarter-lll amount to was when reporting on the opium trade of for freight taken it is needless to say, at com- which have been made against the opera much pessimism displayed throughout, by $150,000. In other words, the land sales China, For example he observes that the petitive rates. No doubt they were recom- tions, of the Conference. The subject is of many sound business men. It has been which stand as our barometer indicating recent inquiry held on the subject was most pensed by a share in the profits realised by interest not merely to Singapore but to questioned whether anything, can be done. progress, are to be fifty per cent. under:nor mind that question should mal, so that instead of the instrument polot desirable in the interests of Singapore whose the Conference after deduction of ten per merchants in, the Far East generally and a To our trade is being throttled by a number of so- cent. to shippers on cargo consigned, the synopsis of the conclusions arrived at by our never have been asked, there is no ing to "better weather as His Excellency wit of man can put it we should say it points to "rain and called Conferences, which are worked in the secret spercent.on all Straits freights paid to contemporary may not be out of place, in wrong which the interest of ship-owners, who have little con- some of the principal merchants in Singapore view of the importance of the shipping trade invent which the wit of man can not circum-wind-storms." The Colony, on the Gover carn in its welfare except as a source of pro-and the amount which was presumed to be of Hongkong. The evidence, it may be vent, and we do not even believe that heroic nor's own showing, is so far below normal that fit, because the cargo has to go forward, if not fair and adequate for the carriage home by stated, is contained in several official and measures are necessary. What is necessary even optimistic. estimates only place it at from Singapore, from other poris of call or out- the various vessels; but details of the inner other documents, not to say statements. now, as we have pointed out above, is that half-bad. If the chief administrator has so poris, where their agents are prepared to working ofthe Ring have never become public. They are set out in tabulated form by the fovernment shall exercise its Crown Colony little faith in the future as revealed by hir grant through bills of lading often at the In.a summary at the end of the report, Mr, Free Press in the following way: The report autocracy in a matter in which they will figures, trow are ordinary matter-of-fact same rates of freight. The majority of those Stuart shows that the total net loss of proof the Commission (Straits Home Confer have the entire, even if unspoken, backing of citizens who take figures as their guide to trust in an optimism based on a fifty per forming the Committees of the Chambers of duce trade from Singapore during ten years encel 1902; the Colonial Secretary's report the mercantile community, and a measure Commerce belong to firms in receipt of ape- under Conference operation is 5,746,000 (Straits) for 1907; the report of the sub can be devised by the Government of this cent basis below normal? Coming to an cial or secret rebates, and therefore can piculy (excluding articles showing values committee of the Singapore Chamber of Colony, which will so operate as to free the other point which we have dealt with on hardly be expected to express their views only and jelutong, a new trade), and he Commerce; the report of the Registrar of trade of this port from a burden which it many occasions, we are gratified to learn that without bias. That is one of those straight states that, the making deferred rebates Imports and Exports, Singapore, 1897; the has unwillingly borne for many years at the our contention regarding the real meaning On September 9, 1938, at Oakwood, Alderley statements which must be as-gall and illegal has been suggested as a practical expressed opinion of public men, interested dictation of a certain clique. Edge, the wife of W.N.SYMONDS barrister-alwormwood to the ship owner or agent remedy, which, however, might be paid from and disinterested; the private opinion of law, Hankow, of a son.

who is influenced by more important a foreign country and thus present difficul- public men, which would astonish "most On September 17, 1908, at Shanghai, to Mr. firms. We leam that there are in ties in obtaining the necessary evidence people if it could be published; general and Mis. J. C. SHENGLE, a son. (Premature) Singapore and Penang, known to be five The fixing of fair, freights by Government public opinion expressed and unexpressed

MARRIAGE.

Shipping Rings, besides which the rebate and taxing heavily all amounts over these common acuse and figures. These look On September 13, 196,at Shanghai, BERTHA system is in operation to Rangoon and rates, which could be utilised to encourage like Important bodies, although, in our CATHARINA, elder daughter of Mancio Bangkok. The first and most important is other lines to freely enter the market, is opinion, the opinions of those who have manio de Souz1, to EDUARDO JOSE PEREIRA,"

that termed "The Straits Homeward Con-another suggestion; but these points have nothing to do with the subject might DEATHS.

ference," which is a combination of steam- no special application to this locality only, have been waived, likewise the last remarks. ship'owners and merchants, most of whow The report is at all events worthy of the At all events, when a person feels strongly are steamship agents, and the operations of attention of the. Shipping community of Daa subject, it is probable that he will give vent to expressions which, as they say in which extend to European ports. That the Hongkong.

Court are, not admissible.". Now, then, Conference could hot have been successfully carried on for so many years, if special MERICAN TRADE WITH ASIA. we come to the really serious part of the business-the charges. The charges, we are advantages in the form of secret rebates had

told, rather a little too solemanly, are that they not been granted to the larger firms, goes

The Press in the United Stater continues are entirely based on, public policy. They F.without saying, for the latter generally hold

steamship agencive and the commissions to devote considerable space to the recent proceed to say that because the Conference gained on this portion of their business, decision of the railway companies concern has secured a monopoly of the traffic, that combined with a share in five per cent, of ing the transport of freight se affecting monopoly tends to frustrate the indictment, all freights from the Straits, seem too great the Pacific line of steamers, Writing in a bleed the trade of the Colony and render, it advantages to risk losing, by chartering recent issue, the San Francisco Chronicle unprofitable to the majority of merchants, vessels or otherwise encouraging competition, observes:--A was expected; the trans thereby reducing the wealth of the commu Mr. Stuart, the Registrar, gives a resume of continental railroad lines will from Novemnity, acquired and prospective; redues the the Commission's decision and reviews them ber sat cease all attempts to secure import public revenue and cripple the progress of extensively. He points out that the posi- or export business by way of the Pacific. the Colony, throw British trade to neigh tion at regards the fact that merchants in That means that none of the railroads will bouring foreign ports, to Continental ports, Singapore bave practically no option but to after that date endeavour to secure business and into foreign' hands and foreign ship ship their goods by steamers of Conference for ships on the Pacific by meeting competi. owner, cause the downfall of British houses lines is unchanged, and no attempts have tion as it exists from day to day by the Suez and souously injured others, drive away Brit- been made to attract other vessels by means route, The rates between Asia and interior ish shipping and encourage foreign shipping, Shipping subsidies In Japan is a question of subsidies or otherwise, the loss of rebate polais in the United States via Puget Sound so the the hand of merchants and shippers which engages a large amount of public at being too serious to incur and larger in- or San Francisco will be the regular publish- | that to live at all, they are obliged to accept tention and of the Government in that dependent firms too few in number. When ed railroad rates from ports of entry plus the arbitrary dictates of a secret conference country while it is a prolific subject for the Conference began operations, it raised whatever rates the steamship companies may in London, as to what tax trade shall pay copy to the vernacular journals.A rates to what may be presumed to be a fair choose to make. Whatever the burden of by the way of freights--introduce under the recent sumber of the Japan Chroniels con-level, aos. to London for general cargo, ass competition, the steamship companies must guise of eliminating speculation an unprin tains a translation of an article from the 6, to Liverpool, and aos, to the Continent, bear it all As the Atlantic companies are cipled machine fixing freights without notice Tokyo Arald which urges the Government to excluding Havre, Bremen and Hamburg in a position to temporarily reduce rates on in place of the ordinary trade law of supply discontinue the payment of a bounty for the and as the admitted object was to zalso Aslatie businem to a paint sufficient to drive and demand. Our contemporary goes one Kuropeap, American, and Australian ship. froight to a fair poying level, aliber (' did Americed Facilia Goemen off the route, Take: € 104.999

A Peking Univer ity,

Disturbances in Fukier,

D-limitation of Saghelien.

Weary Workers in the Vineyard. Trade-maik Piracy.

The Whangpoo Coo ervancy Inquiry. Enropean's trange Death..

The Dalai LamNA, +

Japan and China.

Nippon Yusen Kaisha,

The Flour industry in Japan. Japan. Yara Trade,

Korea.

Raub Gold Mines.

The Shipping Conference. Bankruptcy in 1907. Notable Journalist for Singapore. Trade of Peneng.

Planter Mauled by a Tiger.

The Chiness in Batavia.

Commercial--

Freight Market.

Weekly Share Report. Exchange. Looal and General.

"

BRORS.

On September 7, 908, at Shanghai, to Mr. On September 8, 1908. at Fonchow, the wife of HUBERT HIGOS, 11.8.M. Consulate, of a daughter,

and Mrs. A. PARTRIDOS, a son.

On September 8, 1908, Macro, Roza DA CONCRIção, the beloved grandmother of J. M, C. de Bou21,

Tiantain

A

On September 10, 1998, at Feitaian, of typhoid fever, MARIA ENGELBRECHT, the dearly beloved wife of C. Hagelbrecht, of On September 17, 1908, suddenly, at Shang. bai RUDOLF Goos, Merchant, Hongkong, On September 18, 1918, at Shangbai, SVD EV PULCHER; aged 38,

The Hongkong Telegraph

MAIL SUPPLEMENT, ISSUED GRATIS TO SUBSCRIBERS, HONGKONG, SATURDAY, SEPTEMBER 26, 1908.

SHIPPING SUBSIDIES IN JAPAN.

(19th September.)

(aand September,)

(23rd September,)

LEGISLATIVE COUNCIL

BUSINESS...

of the transference of the Widows and Orphans Fund was well grounded Inkl the voluminous despatches which passed between the Secretary of State and the Go vernment of Hongkong on the subject of this (24th September.)

Fund, which is all-important to the contri- What is usually considered the most im- butors and beneficiaries, it was laid down in portant meeting of the Legislative Council precise language that the Government in during the year was held this afternoon, assuming control, and converting the Fund when the Budget was presented by his Fx into general revenue, was acting the role of cellency the Governor and the estimates a philanthropic guardian. It was a case of laid on the table. To a large extent the saving the people the members of the presentation of these to the members of the Civil Service-from themselver. So benign Council marks the progress and condition of and considerate was the Govemment that it the Colony and the Prospects for its prosperity was resolved at all costs to capture that tin in the costing year. On this occation special earned increment and utilise it as thought. interest attaches to the Etimatesmainlyonsc. fit. Who that read the Colonial Secretary count of the unusual state of affairs created by speech in answer to the averments of Mr. the agitation against the ute of oplum and the Murray Stewart could think otherwise, unless projected abolition of the oplum monopoly, they were misguided churls. Yet all along From a cursory glance at the bulky volume we voiced the opinion that the action of the of figures containing the Estimates for 1909 Government was a deliberate attempt to it does not at first sight seem as if any very shatch to use no barber term-the com drastic measures are to be enforced next 'pulsory savings of the Civil Servants from year, the main items of expenditure being their care and secure them as a set-off about the same as in the current year, against any possible deficit. Were we wrong i while the principal difference in the revenue in that view or can the words of the Gover is due to the transfer of some 8400,000 from nor be taken to imply any other moaning the defunct Widows and Orphans Fund to than the one we suggested? The money, general revenue. With regard to opium approaching $400,000, li to be consider the monopoly remains the same as during ed by the Government su a load, to the present year, although there is a trifling ba invested In remunerative work (which reduction in the licences owing to the pro-will benefit the Colony, bat it, I posed reduction in the issue for 7909, At loan that is never repayable. It may be the Council meeting, Mr. Murray-Stewart, argued that it is repayable in the shape of as will be seen from the report, traverses the pensions, but we bare only to refer to the Under Becretary for State's speech on the fact that the annual contributions exceed oplum question, delivered the House of $40,000, while the out-payments are not Commons He also deals in a very suggestive estimated to be more than $9,god next your". way with the vezed question of the prosecutions to expose the fallacious nature of the instituted by the Building Authority against ment. The purser who robbad

14 ship in order to found

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