"DOUGLAS ŠIKAMSHIP CO”, LD.
ANNUAL MEETING
THE HONGKONG TELEGRAPH SATURDAY SEPTEMBER 26 1908.
THE INTERPORT CRICKET MATCH.
R.A.
L
Two new army officers will is all probabilly complete the eleven, viz Lieuts. Harton and Hooper. Although the latter knocked up 40 last week, bis display was not particularly im- prassive.
R. O, Hutchison deserves his place.qn ac. count of his batting and bowling.
Fowler and Edwards stand a chance. Both are hitters and very fair fields although Ed- wards' throwing du leaves much to be desired,
Captain Beasley in any case is going to play tenais and may be alas lacluded to the cricket team.
THE ANTI-OPIUM CAMPAIGN.
have two officials to make secret investigations, one in Shansi, and the other in the Yangtze provinces, at to the extent to which the anti- opium campige has been carried out by the Authorities of those provinces.
ATRIAL TRIP
CRUISER "XIANG-TA’ENSAIDEN-RUN, BA
Add arst fost,
The trial run was a purely informal ose and As far as we can gather unofficially has given complete satisfaction to her builders both in point of speed developed and the behaviour of the vessel at sea. The Kiang Ta returned to Hunghom Bay shortly before 6pm, and before the Typhoon signal had been run up on the stations. She took up her anchorage in one of the boys allotted to her off the dock premises, The King Ta rade out last night's galo at her moorings.
were
348
THE SHIPPING CONFERENCE.
THROTTLING HINGAPORE TRADE.
That the Conference could not have been successfully carried on for 10 many years, if special advantages in the form of secret rebates had not been granted to the larger firme, goon without saying, for the latter commissions gained on this ponios of their generally hold steamship agencies and the business, combined with a share in five per cent of all freights from the Straits seem too great advantages to risk losing, by chartering The report extends in tan pagas, with sig vessels or otherwise encouraging, competition. statements showing (A) Freights before and after Conference; (B) Exports of produce in. thousands of pikuls; (C) Vessels and tonnage clearing; (D) Exports from Singapore, Java and Macassar; (E) Produce to Singapore
from
THE OPIUM CONFERENCE:
The opium question grows la interest as the Three months ago. Taotai Woang Chia-tang,
day approaches for the international conference.
On the table of the Legislative Council on Director-in-Chief of Telegraph, was directed
on the subject, which will be opened at Shang- The ordinary general meeting of share" The Interport Match originally intended to by the Ministry of Posts and Communications holders in the Ďauglas Steamship Co., Ld, was | take place at the beginning of fictober has to End out whether any of his subordinates The craiser Kinng Ta, built to the arder of hai, January 1, 1909. Delegates are already, the 11th Inst. was laid a raport by Mr. A is dated March 30th, 1907, and we (Singapors bald, at the Company's offices, at noon last I now been postponed for a fortnight, and the throughout the whole Telegraph Administration the Canton Government by the Hongkong and appointed from all the countries interested Stuart, Registrar of Imports and Exports.{}} Saturday, for the purpose of receiving the report Hongkong cricketers will not pow leave this,
were victims of the oplum habit ; and if so, to Whampoa Dock Co, and which was launched The question.concerts the United States in the
Fra Press) may be permitted to wonder why Islands, and threa Philippine
representatives of the general managers, together with a state port before the 15th prox. The team will in ment of accounts to the goth June, 1908. Mr. H. all probability be picked after, next Saturday's give such persons three months to get rid of it. laat week, proceeded on's trial trip on Saturday from this country will be presents China's this important and valuable document was not This period has now aspired and yesterday a allernoon. The appearance in the harbour of the P. White occupied the chair. There were pre match to far the following are almost certain
The tenor of the report may be
be judged from sout:-The Hon. Mf. W. J. Gresson, Mesars to be selected: R. Fancock, W.C.D. Torner, telegraphic dispatch arrived from Peking ask prettily-modelled gunboat, all painted in white choice of commissioners is significant of her laid on the table of the Council until it waS J. W. C. Bonnar, R. Shewan (consulting com A. E. Ladning, H. R. Makin, Bandsman Baring whether the aforesaid victims had got rid of with her two long smoking stacks in yellow, carnestness in this matter." All of them speak asked for, eighteen months later
"I welcome the enquiry as most desirable' mitten), T. F. Hough, Chang Kang Yen, and ton, 3rd Middlesex Regt, Corporal Sharpe, 3rd their habit. The penalty of failure to do so, and two steel masts, one of which was sur English well and are prominent men of affaimn.
the N. C. D. News understands, is summary mounted by the wireless-pole, and her business. One is the Consul General at Singapore, an. the second paragraph.t
in the internets of the Colony whose tradu ie 3. K. Gomes (secretary).
Middlesex Regt, Lieut. Home, 3rd Middlesex dismissal,. We also learn that the Imperial like ram bow, atracted a great deal of attention. other is a physician who was educated in The Secretary ́ having read the notice con- Regt, R. O. Hutchison and Captain Beasley, Commissioners of opium prohibition in Peking / All who saw her as the Klang Taped Europe, and the third is director in chief of
across the waters of the bay on her maiden Chinese railroad construction. The Govern being throuled by these so-called Conferences,
a source of profit.*. spin to test her engaies were of the ungalmous ment will also be represented by an official of who have little concern in its welfare excapt as opinion that the Provincial Government of high rank who will set forth the importance
And paragraph 6 reads Canton has secured a bargain in an excellently that China attaches to this question,
All the opiam smoking joints in Peking 'finished vessel which is certain to provė. of efficient service on the West River for the patrol closed in May of last year and in Shangbat in the following month excepting in the interna
of of which she is shortly destined.
tional concession. The rush of proprietors the closed joints to open new smoking rooms in the concession, under the protection of the Powers, foally made such a scandal that it was decided on March 20th isst to close one-fourth
England is making haste very slowly. TA of them and the remainder within two years, Saw has already reported the tentative proposals gradually to reduce opium production in India while Chins, is demonstrating her ability to suppress the use of the drug. Nothing has been done in Hongkong to close the joints. Not much is hoped for from the Singapore com mission, whose report is expected in October.. A difficulty in this colony is that half of the revenue is defived from the sale of opium. Sit. Frank Swettenham, Governer of the Federated Malay States, fears that the suppression of the licensed smokerims will simply cut the revenues in two without medi- diminishing the use of the drug.
The Ceylon commission alone has seemed It is probable that the College of Agriculture | able to formalata a policy for reducing con- will be established in some suitable place, out-sumption. It recommends that all permits to side the capital where practical demonstration sell optom terminate when the licenses run out may be had. The idea of H. E. Chang Chih- and that the Government monopolize the tung, Comptroller-General of the Ministry of business of importing and selling the drug, Education, is to enable Chinese students who which will be sold only to adults who register have already gained a partial education in any their games and receive permission to buy of the before-mentioned subjects to complete fixed quantities at certain intervals. The Eng- their studies in China without going to foreign lish recognize the evil and are making some countries. The premises of the proposed efforts to reduce production, but everywhere. university will be built in foreign style and except in Ceylon they are very undecided as to high salaries will be paid for competent and methods of reducing or suppressing the use of experienced teachers. Large tracts of Govern- opiam,- N. Y. Sim, mens land have been laid aside by the Chinese Government for the purpose, and building will be begun before the end of this year, so that the university may be opened in 1910.-N. G. D. Nors,
EB. Reed and Manderson are possible chauge bowlers.
vening the meeting,
The
Chairman anid-Gentleman.-The report and accounts having been in your hands », for some days, I' propos with your permission to take them as read It is to be regretted that we are not able to prosent a more favourable balance sheet, but ex
If Laoning is unable to get away, Claxton most of you are fully aware the past year he will probably take his place as wicket keeper. been one of the worst, if not the worst, that shipping generally has ever experienced. When His play on Saturday afterooda was very
gand, especially his batting. I addressed you at our’last general i
meeting our prospects for the year just passed were not by any means unsatisfactory, and the results of the working of the Company for the first half of the period under review held out hopes of a fair retorn on the year's working. Unfortunately, those hopes were not realized, for from after the Chinese New Year to the end of our financial year in June, a period which we generally look to at the most lucrative, there was a very great falling off in the demand for tonnage to the ports at which the Company's steamers call, and when I mention that during this ball year alone the receipts f' ferjedt and passage were some $40,000 less than . of the correspor ding period last year, (and £60,000 less for the whole year, you will recognize bow great the shrinkage in our trade has been. Even with the moderate offerings prevailing the Halmun has on many occasions had to shut out cargo, so that shippers are now chary of shipping off to her for fear of their shipments being refused. to the new steamer Haiyang we shall have a first-clats, boat, thoroughly up to-date in respect of cargo and passenger re- quirements, which, while having more than double the carrying capacity of the visibles" for the Interport match against Hong- will cost but little more in running expenses, and we anticipate will prove economical as regards upkeep and docking expenser, During the year the Company has commanded ils full share of cargo and passenger traffic and
continues to retain the confidence of its com- stituents and though it is early to forecast the future, I am glad to be able to say that there has been a slight improvement in our particular trade during the last two months, which it is sincerely hoped will continue, for though ship ping is having a severe set-back it seems not unreasonable to anticipate that it will in time resums its normal conditions trade recovera and general confidence is restored, though one bardly look for the bi dividend bearing years of former days in shipping, with the keen competition that now exists, Gentlemen, I do not think there is anything more that! can add, and before proposing the adoption of the tsport and accounts I shall be pleased to an swer any questions to the best of my ability,
No questions were asked.
Can
Mr. T. F. Haugh seconded the adoption of the report and accounts,
The motion was carried unanimously. The Hoo. Mr. W. J. Gressop and Mr. J. W.
It is understood that, owing to the exigencies af service, leave could not be obtained by the Eastern Telegraph Company staff to proceed to Shanghai, and therefore, E. W. Day, Peake and Shields, will not be among the chosen ones. Peake and Shields are bowlers, and the Hongkong team is weak in bowling. Davas a batsman is pretty useful.
R. E O. Bird-probably the Club's most useful bowlar on a soft wicket—is unable to get away...
է
The Selection Committee of the Shanghai Club Has chosen twenty members of the Cricket Club and six of the Recreation Club as "pos- kong and to practise at the specially reserved nets on the Cricket Club's ground. Those selected from the Cricket Club members are :— R. N. Andemos, Capt. E. I. M. Barrett, G. M. Billings, 1. Hraud, A. G. H. Carruthers, G. A Chadwick, H. R. S. Cooper, Capt. W. H. Deut, D. E. Hennelly, G. H. Gowland, P. Lambe, V. H. Lanning, R., Martin, H. Middleton, W. H. Moule, W. Rodolph, N. L. parke, W. K. Stanion, A. R. Vincent, L. Walker and A. F. Wheep. The Recreation Club's possibles are:-T. Main, H. B. Oller- dassen, A. F. Ollerdessen, T. Wallace, 8. M.
Wallace and O. 1), Rasmussen.
SACRET SOCieties in CHINA.
KEVOLUTIONARY AND SUPERSTITIOUS.
The New China is honeycombed with secret societies and those who dare not speak of re- form openly, or oppose directly the bad govern. ment of the mandarins, do so in the lodge or gathering-place of their clubs, and devise mea: sures behind locked doors which may lead to C. Bonnar were appointed members of the Cop-social and pofitical progress. Some of them sulting Committee.
are merely benefit clubs, making provision for the support of the poor members or the decent burial of the deceased, declare Mr. Jean Rodes in the Temps (Paris). Others wish to cultivate- European or Japanese customs. Thus various clubs" and their sims are described in the fol- lowing terms: ---
On the motion of the Chairman, seconded by Mr. Chang Kang Yee, Mesam. A. R. Lowe and W. H. Potts were re-elected auditors.
The Chairman-Dividend warrants will be ready cu Monday. Thank you for your attendance, gentlemen....
YOKOHAMA SPECIE BANK.
BARON TAKAHASHI ON THE COMMERCIAL
- DEPRESSION,,...
|
Of revolutionary clubs Mr. Rodes, speaks with some contempt. They dream, like the Russians, but do not act.
provinces, kas forwarded a plan to the Throne H. E. Sung, Shoo, eroy of the Mioche on behalf of a number of opium-smoking offi cials within bis jurisdiction who have not been able to get rid of the habit during the three months granted by Imperial Edict, on the ground that the limit of time is too short. According to the Imperial Edict in question ifupon the expira tion of the three months' limit any official be found to be still indulging in the babit of opium smoking, the Viceroy or Governor, having jurisdiction over such an official must denounce the delinquent to the Throne and ask that he be cashiered. Viceroy Sung Shou, therefore, bega Their Majesties to allow him to delay sending up hir denunciatory memorial on the subject so as to give his subordinates one more chance to reform. In reply we learn that a Imperial Rescript was issued commanding the Viceroy
perial Commissioners of Opium Prohibition
observe the regulations of the Im which are drastic and to the point.-N. C. D.
News,
THE FLOUR INDUSTRY IN
JAPAN.
SUGGESTED' HERATE OF IMPORT DUTY.
ON WHEAT.
A PEKING UNIVERSITY.
The Ministry of Education bas obtained per- mission from the Empress Dowager to expend Tis. 2,000,000 is establishing a first-class university in Peking, which will contain the science; foreign languages; agricultore following eight schools: literature; law; cine; commerce; engineering,
THE DALAI LAMA.
WUCHOW IN 1907.
..
Java and Macassar; (F) Produce from Slage pare before and after the formation of the Con. Terance. This last shows the loss or gain, on' all principal articles of produce under high freights which would, it is assumed, have shown the same rate of progress or declino, nol taking into account the loss in imports to pay for thess, nor the snormous loss sustaided by the failure of Singapore to participate in the great natural expansion of the products of these re- gions." The summary shows in ten years total net loss 5,746,000 pikuls (excluding articles showing vaines quly and jelutong, a new trade).
WEARY WORKERS IN THE VINEYARD.
The following tree but scathing letter ap- peared in the Barkow Daily News last monta Bir-It is possible that some amongst your readers share with you the feelings of regret which you express in your issue of yesterday at the sight of the Architects of the "City of God" suspending their labours during thres months in order to ascend to the heights of Kuling, and there, in that delicious cool atmos phero, escape from the heat of summer....
I ask your permission to disassociate myself from any such opinion.
As reported in these columus on several occasions the flour market in this country is at present suffering from an over-supply, and the owners of the flour mills are much exercised over the means of relieving the depression of the industry. Proposals as to the amalgama tion of mills, and as agreement as to the quan tities of production have been put forward, but nothing definite has been decided upon as yet. Company, speaking with reference to the Mr. Moroi, Director of the Toa Flour Mig sur industry, says that the demand for flour in Japan bus greatly increased daring the last few years, At present the total value of flour imported amonate to something like to million yen, which is almost a ten-fold increase com- pared with the figure a decade ago. Prior to the late war with Russia the production of the domestic mills was only 1,507,000 sacks or thereabout, but the industrial boom subsequent 10 the war braught a number of large mills into existence. The soul output of these pew mills is estimated at, 6,500,000 sacks ap-tainers it was plainly hinted to the Pontiff by very small stocks remaining in the hands of i through our atmosphere of for. proximately, to which, adding the production of the old mills, amounting to 1,500,000 sacks, brings the total up to 8,000,oco sacks. Detalis are shown in the following figures :-~~-
OLD MILLS,
Sapporo Sailun
Teado Seifua
Annual Output.
Shiraishi Seifun
Kumagaya Seilun
Sacks..
240,000 78,000 60,000," 78,000
Dai Nippon Seifon (Utsuno
miya mill)
>
120,005 Nippon Seifun...... 480.00 Mogi Seifun, Kanagawa.......
60,000 Nisbin Seifuo (Vatebayashi
mill)......
120,000 120,000 120,000 60,000
1,535,000
Nagaya-Seiluninten Masuda Seilun, Diaka Gotanda Shifus, Hiroshima,
Total..
NEW MILLS.
Dai Nippon Seifun
Annual Output. Sacks,
Nippon Sellus (Malil Mill). Nisshin Seifun Nisshin Seifun (Tatchayashi
mill)...............
600,000
960,000
480,000
360,000 Teikoku Selfup.......... 730,000- Tos Seilun ...............720,000 * Nippon Seimat..mmmátem. $40,000 Masuda Seifun, Kobe....................... 1,500,000 Asahi Seifun, Kyoto
$20,000, Nippon Selfun (Hyogo mill) 810,000
MR, CONSUL KING'S REFORT. The total mal value of the trade of Wuchow for the year 1907, as shown by the returns of the Imperial Maritime Castams, amounted to H. Tia. 9,663,395, equivalent to £1,570,301 ma compared with Hk. Tis. 10,554,816, or 1,737, 147, in 1906, a difference of Tis. 891,42 or 166,846, in favour of 1956. Forelgo imports from Hongkong show a decrease from the figures for 1905 of Tls. 462,234, or £75,113, a matter for regret, as British manufactures are, of course, included under this heading. The trade of Wuchow for the year 1907, taken as a whole, may be regarded as having been some what unsatisfactory and disappointing. The many dealers at the close of 1900, together with the opening of Nanning to foreign trade, gavements, and proceed to more elevated thoughts. rise to sanguine expectations as regards the import trade for 1907, but these expectations were not destined to be realised. Despite restrictions which have rendered the opening of Nanning unsatisfactory, one would have thought that the opening of such a well-known distributing centre would, in itself, have led to
considerable increase in trade. ........
I beg leave to assure you that in the dread ful experience of heat we have just gone.. through, it has been for me a satisfaction to think of the number of tennis touren. ments, the bathing parties, the concerts, and the social entertainments which charm the sweat leisures of our "Reverends," and of which your well informed journal bas given ́nı' faithful accounts. One could catch, is reading. these sprightly accounts, just a soap of fresh cool air which had a peculiar charm percolating However, let us away with our selfish argu
a
CAUSES OF DECREASE OF TRADE,
Why deny to the Workers for the Lord thos moments of leisure that are so appreciated by the Workers for Mammon? Let us be just, and set in the balance, against these thres months of enjoyment, the nine months of in- / numerable fatigues during which the poor missionary has had to care for a family that the blessing of God and the generosity of the credulous unceasingly increase.
THE JOURNEY TO PEKING, The N. C. D. New say's-It has been a matter of notoriety that the Dalai Lama bax evinced a great deal of reluctance to go to Pak igi although commanded to come by the Thrope and repeatedly advised to do so by the Governor of Shansi, to which province the Wutaishan Temple, where the Buddhist Pontiff has been residing for the best part of a year, belongs. In consequence of this reluctance ad of the lawless conduct of his Lama re the. Shansi authorities, that he had better return at once to Tibet. Preparations were accordingly made by the. Lamas to start for their homes, is already noted in this column the other day,, when Grand Councillor Yuan Shib-kai's recent suggestion to the Throne to invite the rival Poatiff, the Panshés Lama, ia Peking came to the cars of the Dalai Lama, and an immediate change of front seems to have been the result. According to a Peking dispatch, H. E. Pao Fen, the Governor of
Finally, and above all, sir, have you ever Shansi, has telegraphed to the Castral Govern The principal cause of the shrinkage of the considered the small number of these Ar ment that the Buddhist Pontiff now begs to be trade in 1907 may be attributed to the refuss!chitects of the Divine City and of the valus allowed to pay his humble obeisances to their of the Fatehan bankers, the chief financiers of which we have to set upon the life of a singla'. God has chosen them amongst. Imperial Mejesties and has selected either the the trade of this province, to make such free one of them? 17th or 25th instant as his date of leaving the advances to merchants as in former years. all of us. They are the salt of the earth, and Wutaishan. Temple for the Capital.
Since the latter part of 1995, when the trade in what will happen if any of this precious salt is -Dalai Lama proposes to travel by redan-chair native opium began to fall off at Nanning, it | wasted ?.......
ar mule-litter as far as the City of Cheating and has not been possible to arrange to advantage- Imagine for one moment that if when these there to take train to Peking. His retioueously for remittances from that city to Hong few hundreds of missionarios and their sixty consists of two hundred and sixty-two persons, kong or Fatshan. The opium dealers were doctors (the whole Diving Gang who at the and he carries with him no less than one' in a position to negotiate bills of very large present moment are re-invigorating themselves hundred and twenty cases of sacred books. amounts payable in Hoogkong or Fatsban, at Kullog), hearing of the epidemic of cholera, Jesides, these the Pontiff brings with him over and the loss of this facility in remitting is a which attain present time is ravaging the Yang. two hundred cases of presents which he intendi matter for consideration in its bearing on the ise Valley, particularly. Hankow and Ichang, to offer their Majesties as a proof of his devo-piece goods and yarn trade.
hearing of the hundreds of Chinese dying daily tion and allegiance. He will make a stay in
imagine, I repeat, if these people had hurried Faking of about one month and then will return
down to our Cities and made the sacrifice of to Lhassa. In the circumstances it would seem that there will be no necessity now of inviting
their persons to those wietched heathers. Cannol you see what results such mad devo the Buddhist Co-Pontiff to Paking as an offret
tion might have brought in its train ? Who' to the Dalai Dama's dilatoriness in obeying the Imperial behest to have so nudience of their
knows but what by now, some would have fallen victims to their reall padd Majesties.
JAPAN AND China.
POLICY OF COUNT KOMURA.
The
YUNNAN TRADERS.
It may here also be pointed out that. the disappearance of the Yonnad traders has been an undoubted factor in the contraction of the trade of this province. Shortly after the open. ing of Wachow to foreign trade, when the Mis collectors at the interior barriers ba "The Triads and the Two Brothers' have
learnt 10 respect inward transit passes, For those poor victims perhaps your like members scattered throughout Southern and
bodies of men were formed, who styled them would have had little sympathy. You possibly Central China. The two associations have amalgamated under one leader, Sun Yat Sen
selves Yunnan traders or "pang," a Chinese might even bave mocked at them saying they nams for traders. These men bought very had achieved their ambition, which was to with a view to bringing about the triumph of the Reming, or revolutionary party, but this
largely in Hongkong. On account of the whole. reach the Heavenly delights as quickly as pos- Total..........
6,840,000 party is feeble, because of its absolute wade of
sale purchases made by the traders, the Hong-sible. The Osaka Mainichi learns that Count kong Chinese dealers regarded them as some Allow me to say that in such you would. coherence and initiative. This inertia largely
Grand Total .................... 8,367,000 Komura, the bew Minister of Foreign Affairs, results from the interior mechanism, of these
reason like a pagan." "You would be ignoring of their best customers. The traders are re- institutions. to the ledges, which, with the after the war by raising the duty on float to government in the past in dealing with China, Theis ventures. On their return journey from God to convert the Chinese. The longer he The protection given by the Government has modified the policy followed by the Go- parted to have made very bandsome profits by that the missionary has an appointment from passion for multiplying names so universal in per cent, while leaving that on wheat at 1g per and is in favour of conciliating the feeling of Yunnan they used to bring with them tin, lives the more he will convert. Consequently
is chiefly responsible for so many mills the Chiness and strengthening the friendly re- alone is in perfect communication with the coming
Dess, er bring the least shock to a vigorous
has to be avoided with all imaginable precau- purchaser in Hongkong was probably from typhus, plagas, etc, might be a risk of death, tion ander pain of grave disapprobation from 25050 to £30,000 annually.
the Divine Appointer. You will now readily understand why, no sooner than the first sigo of heat manifests itself, you see the missionary, himself and family, hurry their steps up to the high regions from where their voices will be Bearer to Heaven and fill with joy the heart of their Divine Master.
merchandise to China greatly decreased. In Chine, have each a special name; the chief cent into existence. The prevailing dulness | lations existing bolween the two countries. Poiom, and gold. These Yunnan traders have anything which might présent the risk of sick- velopment of Japanese industries was greatly directors and knows what their object is: The of the trade is no doubt due to the sadden in Count Komora considera it inexpedient to can. I gradually disappeared, and on does not now
mass of the initiated remain in total ignorance | crease of production brought about by the duct" separate negotiations on each pending I bear of their existance. The amoant of their health or a fortiert under the form of cholera,
EFFECT OF DISTURBANCES, IN PAKHOI DISTRICT.
the Society for Communising Property aims at the modernisation of China. „Its rules include abstinosce from oplum, Its byelaws forbid the mutilation of women's feet andˇthe adoration of spirits, etc. Its headquarters are at Canton and in the same city is a society which calls itself the 'Friends of the Nation), The half-yearly general meeting of the whose members pledge themselves to buy no Yokohama Specie Bank was held at the Bank's imported foreign goods, In Yunean is a society office on the 10th inst, when Balon Takahashi, called Total Death, which, in face of the Go- President of the Bank, delivered a speech tovernment's weakness, has as its object the the following effect -The foreign trade of the expulsion of the Freach from the territories Empira during the first half of the year showed they have usurfed, and the repurchase of rail. some decrease both in exports and imports a1 way and its extension. In Sbassi is à secret compared with the same period in inst your confederation which opposes the exploitation of The amount of bills of exchange during the Chinese mines by the Eenglish. In Sze-chues half-year showed no change with regard to
the secret societies - occupy themselves' every those sent from Japan, but a decrease of about
time they meet with discussing the progress of, Y2,000,000 in those received from abroad. It Chipa and making plans to raise the funds goes without saying that this was a result of wherewith to recover the railroads now in the business depression in this country. As foroigo hands. is well known, the price of copper sud- denly fell last automa, bilaging about a financial panic in America, nod this imme diately affected the financial conditions, in Europe. The exports of Japanese raw silk and habutas ware also largely affected. At the commencemeat of this year the prices of these staples fell steadity, causing great anxiety, and the situation was made worse by the financial depression caused in China and India by far mines in various parts of those.countries. The fail of silver and copper also greatly weakened the buying power of the Chinese, with the result that the export of cotton yarn and other consequence of these circumstances, the, de-
hindered, the share market being specially effected. In short, it is not too much to say that A world wide financial depression prevalled from last autama to the commencement of the half-year. These conditions necessarily im posed caution on backers in Japan, while there was delay in the receipt of cash from abroad, with the consequence that the Empire suffered from a aboriage of funds, Ordinarily, banks find it advisable to adopt a particularly prudent attitude in the first ball of every year, but this year our bank used its money as much as pos sible in buying foreign bills. For this reason the revenue from interest and discount showed an increase in the first ball as compared with the corresponding period of last year, is necessary to recall that several failures occurred among "Japronio and foreign-merchants-at-
The members of thrae clubs aff~have the Yokohama and Kobe, which, greatly affected
same rules. They neither drink fermented the Japanese and forcigo Banks. This bank, liquor cor smoke. They are half vegetarians, unfortunately, did not escape, as it lost Y600,000 but they practise every exercise that will at Kobe, and had to wait for the repayment of
increase their vigour. They employ rites 300,000 advances at Yokohama Such of locantation, and believe that certain being the case, it was very much feared at
substances will reader them invulnerable. ons time that the net profit of the half-
This group of clubs originated at Chan would be greatly smaller than in year
toung, where the population are particularly of the duty on wheat is not allowed when it | the delimitation of the boundary la Saghalian trade in and around Wuchow la small and ug-" the first half of; the previous year.' Owing,
warlike' and members are scattered over an however, to the great efforts made by the
area that reaches to the Vang-tee River, Japanese article, will not be able to sac preamble to the protocol says that the commis-
is exported as flour after manufacture, the between Japanese and Russian territory, The important Under existing circumstances in order to increase imports the desirability of managers and other officials, it has been pos❘ They are held to be of dissolute manners, and cessfully compete with. Americas. flour in Rioners of the two counties havó, in accordance developing trade locally and in the surround. sible to declare a dividènd which is not much
ing district is obvions. Although Wuchow at their annual meeting abandon themselves the foreign markets, . The cost, of produg, with the instructions of their respective. Gov- smaller that that for the same period in 1997, à
has been opened to foreign trade for more than to all sorts of excesses. They comprise the tion of flour in America is much lower than in emments, Article 9 of the Portsmouth Tres to years, in most of the smaller towns and vill. result which the shareholders should considerapiables, merchants, and farmers of the region. Japan, and although the latter enjoys ap and Article 11 of a supplementary groot satisfactory, The following.accounts were sub⋅ 3 it was out of their reunion in 1900 that the advantage in the mailer of freight this can to the same Treaty, permanently delimited | ages within a short distance of the port foreign sequently adopted-
Boxers were organised." Net Profit, acluding 1,001,552
bardly give Japanese flour, sufficient oppor boundaries in Baghalica after surveys of the goods are practically unknown. This stato af swer to the question whether these so-tunity to beat its competitor in the foreign territory conducted in the years 1906 and 1907. affairs may, in the main balority of the brought forward from the previous
cieties of New China will ever break out into markets. For this purpose the Japanese mit The protocol determines the boundary of the poverty of the people, the majority of whom -half-year rumah................. ¥5,053,505 over action this writer remarks :-***
owners have petitioned the Government to two countries as having been delimited along are living a hand-to-mouth existence, and to Placed to Reserve. 501,030 Dividend at the rate of Y6 per share, 1,440,000 perhaps some day be supplied in a crisis of it is exported as flour,
#Their want of training, of loadership, may allow them a rebate of the duty on wheat when the line of so degrees ponh latitude, and farther the undeveloped condition of the country.
declares that the line of so degreas north fatia CONCLUDING REMARKE, ZA Carried forward.... (1,179,505 Paffairs particularly favourable to their objectuj We shall next hear of an application for a todo has been surveyed at four points between In conclusion would remark that Nanning such as the death of the Empress, or a general rebate of the duly on leather when it is exported: the Sea of Okhotsk and the Tartar Stralis has not up to the present been so effectually insurrection provoked by universal destitution, as boots, or on from when it is exported as Along the boundary line seven concrete marke opened to trade as cause any appreciable It is, however, to be feared that this eventually ships And yet there are still people who be, will not result in benefiting the "ignorant mobs lers that when duty is imposed it is paid by which it calls to action, but only the old Boxer the foreign producar or manfacturer Foods,
Chronick element."
THE Chinese Engineering and Maior Co. Ld,, anspunces that the total output of the Company's three mines for the week ending September 'I 'smonnied to 22,408,50 tons and the sales during the period to 16,1Báty toneső,
|
The societies in Northern China are of. different kind: They take strange names and practise strange or horrible rites like the ag cient Galli or priests of Cybele in North-West, Asia Minor. Mr. Rodes thus describes the "Big Kaives," the "Litla Kuives, the "Old Lanterns," the "Old Brethren," the "Water Lilies "' sum
of this object. Many of them actually are unaware that they are branches of such and
starting of these mills. Acother factor which such a greater organisation. They move as
has contributed towards the present congestion if blindiaided. And this is natural. Its im delay to working operations of some of the new of the market is that importers, anticipating possible to make people sacrifice their lives mills, issued orders to the Pacific coast for are except by rousing their passions or hypnotising-rivil in September or October last year. Owing them by an idea over which their minds have long brooded"
to the dislocation of transport facilities the shipments ware much delayed, and they began to arrive after the Japanese mills had com menced working. The consequence has been be glat of the market sad the fall in price,
The consumption of flour in the country at present is roughly estimated at 8,600,000 sacks. is put at 10,730,000 sacks, including 8,400,000 The quantity of the supply, on the other hand, sacks of the machinery mills - and 1,300,000 sacks of the old-fashioned water mills Thon it will be seen that there is an over-supply of more than 2,000,000 sacks apart from the quantity of four that may be imported. In these circumstances, it is natural that the mill people should look to the Chinese, and Korean markets for extension of the trade. They are of opinion, however, that so long as a rebate
མམ་
question, in order to arrive at a settlement, and has decided to try and settle all the questions Peking who is abost to leave for Chios, has together. Mr. (juin, the new Minister to received instructions accordingly, and forms
The principal falling-off in trade, was to be for the settlement ou a friendly basis of
found in the districts of the Fo and Liu Rivers all the questions outstanding will be pro- Indeed, had it not been for the disturbances posed by the Japanese Government, in some during the autumn is the districts north-west of the questions, concessions will be made-el Pakhai, at Iienchou and Lingshan, which by Japan which it is believed will prove satis had the effect of diverting many fairly large factory to the Chinese Government, which shipments of yarn and small quantities ofcotton in its tarn will doubtless defer to Japan on piece goods destined for Lo Ha and other other points, and in this way all the questions smaller market towns from the usual route via between the two countries and it may be hoped Multims Customs here would have shows pending will be settled and friendly relations Pakhoi, and causing them to be forwarded through Wachow, the returns of the Imperial Such is the programme, and that it will meet with success
poorer figures, MAN
DELIMITATION OF SAUHALIEN.
· FUBLICATION OF TROTOCOL. A protocol bas been published relating to
LOCAL TRADE IN AND AROUND WUCHOW?" It may be remarked that almost all the for eign goods imported are intended for ship ment to interior markels, the business belog in the hands of a few Cantonese merchants, whose beadquarters are su Fatsban, The focal
have been erected, and bolt of forest to change in trade conditions at Wachaw, though metens in midity has been cleared, while for je in true that the foreign frus bere smploy a same distance on the war coas a ditch has considerable number of chartered junks for the Interpon truffe between Wucków and Naunipu born cut si a mark of delimitation,
This is how, Sir, if you were a good Christian you would always have interpreted the holidays of the missionaries. Thus, likewise, you would not have fallen into the mistake of those ces
God as to think that the missionary dulous enthusiasts of Europe and America, who hayo, so fales a notion of the service of Chiak must be one long serier of Excrifices, "crowned-if-need-be-by-martyrdom. "Soch may be the conception of the Catbolic missionarion but everyone knows they have peculiar idons. -Your faithfully,**
GOLF,
A-NEOPHITE
The monthly competition for the Saundar'a Farewell Cup was hold at Happy Valley ba- tween September ræth "and"September 14th, The following cards were returned
SAUNDER'S' FAREWELL CUP. L. Hutchinson * urogs: 14 álliquare R. P. Walker.NATOG FEE g down E. Davidson „rec, 10: 3 down FB: Descon roc. 13:4 down; E..F. Mackay...
zu entries. eros card disqualified,
--M. A. Murray J, suntec.
O, E>H, Boar BoostUG. 2,1 Howd
**Winner of Cup