Sugar Duty.
BILL BEFORE THE JAPANESE DIET.
HONGKONG SUGAR: IN JAFÀN,
Tokyo, 27th January,
THE HONGKONG TELEGRAPH FRIDAY FEBRUARY 19. 1909–
SURANCE
COMPANYELTON
poultion of excise. The Government policy in THE CHINA-FIRE dealing with the sugar Todostry” was, to encourage the production of crude sugar in Formosa, the Luchun, and Oakima, Bod. to supply raw material to these sogar
ANNUAL" REPORTI
The report for presentation to the share holders at the fortieth ordinary meeting to be held at the company's offices on Thursday, the
mit their annual report and statement of the The directors have now the pleasure to sub company's accounts made up to 31st December 1907.
refining mills in Japan Proper the doubtful whether the sugar Industry in Japan (including Formosa) would develop by roti to such an extent as to be capable of supplying all "The Committés in the House of Represents the wants of the sugaß>refining mill; in Japan, 14th March, at 15-o'clock noon/roads?q=;; sivas on, the Gorerament Bill selating to the which consumed 500,000.000 kin of crude sugar reimbursement of Castis duty as imported. In 1911 the existing foreign Treaties were to be crude sugar.11 a 10pm, tod y
To view of the importact nature of the Bill revised, dad the Conventional Tariff on sugar of to per cent would be replaced by 50 per Mr. O-oka, Chaleman. of the Committee, sug- gested that i verbatim nose should be taken of cap according to the Statutory Import Tariff, the
, and the meeting ananimously and the rate of 85.7 sen per 100 kia now Impos
ed an imported refined sugar would be-increas. ad to Y 1:50.
Mr.
Nishimura" Shintaro, a Progremist, for- of excise fuposed on sugar shipped from For Hyogo prefecture, wanted to know the amount mois to Japan Proper, and said it was an span secret that third quality produced in- Farmors: was treated as second or first quality in the matter of excise.
Mented
The proceedings were opaced by a speech of Mr. Wakatsuki, Vice-Minister of Ficmace, oo the Bill The Vice-Minister said that sugat was protected by the Conventional Tariffs, no Custom duty higher, than 10. par. Cool. ad valorem could be imposed on reflued sugar, The outpat of crude sugar is Japan was still Insufficient to supply all the demands of the sugar-refining mills in the Empire, and crada magur was imported from Tava to make deficit. Moreover, the Cillie star produced in
Mr. Hazama, a Secretary in the Formossu Gavardment, rose to answer. Mr. Nisbimara. then said that the. Formosas Government hoped. to produce in Formosa all the sugar required in Japan, and wore working hard to develop the cultivation of the cape and to improve the quality of sugar, as well as the fertiliter ured
Japan was inferior in quality. On the imported crude sugara Customs duty of more than 20 per cent. asimposed. This placed the sugar refined In Japan in ab awkward position and rendered It difficult to compete against foreign refined mugan”, “It was therefore desilable to reimburse the duty on crude sugar imported from Java and thus encourage the Japaness / industry. The Government was anxious to supply the de. mand withre ale sugar produced in Japan, but mugar produced in Formosa had got developed to such an extent as to check the import of foreign sugar. For this reason the Government decided to continue the reimbursement of the duty on sugar until a revision of the treaties became available in: 19:3.
of
its cultivation; In Jwa about 165,000 kin of sagat-cans was produced on one che of land, while in Formosa at one time the yield was not more than 45,000 hio, As the
result the improvement made in the method of culti vation the output had now. increased to be tween 55,000 and 20,000 kip, and it was expected to be increased to 120,000 kin. There the exception of the Formoss and Ensuike wela maoy sugar mills in Formoss, but with Sugar Mills, all the rest were quite sow, hav Ing begun the operation of machinery only this year. The sugar industry. la Formoss was only now beginning to grow. This evasion of fax must be strictly suppressed, but leniency should be shown in imposing the excise
to
́The balance nt--credit- of working account :
· as - par · last report-
173,132,780) Add premin since ·re...
ceived sim: 71,74805. Deduct claime paid
· in 1908.g.com 5135,184.415. Deduct return premla,:/
49,370.74)
Balance of profit be$258,739.68-
(It is proposed: la apportion:this
ium as followsi.
itc.
OPIUM COMMISSION:
The NC, D. News of gth Inst, saysThe Commission roamed its sittings at 10.30.yes, Tang Kai-400 presented a report dealing terday merelux with the opiam question in China with ex
the sunstion in Chiat generally, and announced plagatory remarks as to the sources of laforma tign, hat had been drawn upon. He reviewed.
that A Supplementary Report, embodying later, news, concerning the anti-opium, waremaz “be laid on the table at somie folgre data
The report for Germany (including Kisochoa) was presented by De Rouler, and the Nether Jands Report by M. de Tought?
The Commissios adjourned at 120 p.m. and«on; re+arsambling at a p.m. listened to à report on Siamy presented by. Phys Sakdi Sevi The reports of other delegations, moti being ready for presentation, the Commission ad; foured at.3.p.m. ill, Wednesday 21. 10.30.,8.01.
ORIUMIN VUINKAMĄ.
question in Austria-Hungary and Persia ware China was already producing large quantities presented by the Dalegates for thore countries. of opium within her own territory Win your
Sr. Alexander Hosle, on behalf of the British Excellency aware of that pe delegation, criticized certnic statements cons. H. E. Lin. Lord bless you, yes! Knew in tained in the report previously handed in by it perfectly well, Yonnas made a great part. the Chinese delegates and asked for funiber in of her living by it, and it was grown in, moey polata as the area of land actually under poppy We will enlighten you on that score at another it formation in connection with, such doubtful parts besides, though not to the same artek cultivation, and the number of smokers in tha meeting.
Tos, President, announced, with regret the different provinces Replies to these querish will, it is understood, be forthcoming later.
absence, through, indisposition, of one of the Chinese delegates, Mr. Tang, Kuo ani
naked for the success of the Shanghai Com MA I M. Tao Kuang-I notice from the latest psychograms that public prayers areng mission,
Lord Palmerston-Humph, N
It was decided to appoint separate Commit teas for dealing with specific portions of the reports presented to the Commission, with a view to preparing International summaries of
Minutes of a meeting held at the Celebrities such subjects as Trade Statistics, Cultivation February and, 1999,
Club Spookten, Shadowland, on the ordning 0.25 of the Poppy and Production of Opium, Rett abould be explained that for santly su vans Returns, elc.
- On the motion of the Chief Delegate for month the Celebrities had been otherwise cu France, Monsieur Ratard, it was resolved, that | gaged, and no meeting had been held dealing the President should be requested to communi- with the oplum question. Indeed, the Club cate on behalf of the Commission with the Senior was too busy sifting the claims of candidates Consul at Shanghai, and ask him to obtain in- for Admission to lis membership. And hero, formation respecting the measures taken in we think, it cannot fall to be of interest, if wate January 1
regard to opium within the limits of the Inters record the fact that qualifications for election in national saitiemèot;.
Shadowland differ greatly from those obtainingu The Province: st: Yunninghan: bien very The Commission adjourned at 12.30
thing there he must have dona something with us. Here it is sufficiant for a man to br energetically, desit, with by the different mandatit Monday the 1ith instant. darias and expecially, by the...Viceroy Hsi
and the one point for the Ballotting Committen Liang, write a compondant in the 8. C. D..
decide whether his "deedas danerva the News, "The meastrani tākos fa" order to die
hoaqur of electlon. minish the culture and the use of opium in
In the
The election over, however, the revelationn Province and A
of the Opluas Conference-which was not Commission-were
Dividend of $5 and bonus of * 52° par shara... on 20,000
shares
1160,999.00 To add to extra reserve fundi̟,
which will then" stand "at
Proclamations making known to the people 5438,668.10 upon. 93,579,35, at largeġtha:Government's decislops, showing Bonus to office staff....................... 9.135.33|| the dangers of smoking oplum and ordering the people not to smoke any more. Lectures $158,725.68 || are÷g van, both, in town, and in the country to 1908.-The balance at credit of working ace that end and also to strengthen the proclama count at the close of this year was $375,341.77. tions, which were in the fist instance: vary
mild
DIRECTORY.
Mr. Tomijima, a Yushiokwai member, said that the Dai Nippon Sugar Refining Company had failed-on-account-of-delinquency, in the management. Would the privilege of reim-- bursement be extended to such a company, and was there any angar-refining company which was 17ccessful in its business on account of the privilega?
The Vice-Minister of Financa replied that it .was necessary to keep thin law in force so lang Y84,000,00.2, which declined to Y24,050,000 in rotation, and, being aligible, offer, themselves; † fest allowing,two, montha, for, tan, smokers to
as the Japanele continued to use sugar.
Mr. Fujitawa, a member for Ospke, asked why the Government had originally decided that the existing law should not be operative
after
Vice-Minister replied ibat the sugar in- dustry in Formora wat at first autimated to de- velop to such an extent that the law would be unnecessary by that time. This expectation had not been realised, and it was now proposed to extend the term of the law. The total annual consumption of sugar in the Empire was about 200,000,000 kin, of which about 110,000,000 kin was imperted from abroad. The Custom duty en refined, sugar was 84 sen per 100 kin, while crade sugar Imported from, Java was subjected to a duly of Ya.ag. To produce 100 kin of refined sugar. required 116 kin of crude sugar. This disparity of Customs duty belwann the two qualities of sugar rendered the continuance of the law necessary. The Vice-Minister added that new sugar-redulog machinery in Formona would commence operations this year, and the output of sugar in the island each year from now was estimated as follows
99,coo,oco kin.
19
1939 asiita m 1910s, possunumi 119,000,000+ 1911 muchman- +142, 143,000,000 1912
time 171,000,000. The consumption of foreign crude sugar was gradually decrossing. According to past'ex- periance, the total consumption of sugar in Japan was 173,000,00 kin, of which 144,000,000 kin was produced in this country. Whenever the sugar market advanced in Japan, sugar came in at once from Hongkong.
Mr. Nishimura printed out that the authori- Lins were discriminating in favour of Formosa sugar by imposing a lower duty than was pro- vided by law, which practice be thought im
propar.
The Vice-Minister admitted the practice, and Fald that the quality of sugar was determined on the basis of the Dutch standard of colour, Soma nugar was brownish iu'colour, while other. "kinda bore a greenish appearance. Where the quality was doubtful, a lower duty was impos- ed Last year the Formosan authorities were cautioned on this matter.
Mr. Sato, referring to the wide difference in the rate of excise on sugar-Ys on the first quality, Y's on the second, and Y on the third said these differences might afford many op portunities for discrimination. He asked whe thar the Government raw the necessity of devising a means for determining the quality
with more precision,
The Vice-Minister said the Government still failed to and any better method than that adopted. In foreign countries the quality of sugar was determined by the result of chemical analysis, but in Japas more value was placed e percentage of pure sugar
an colour than on the contained,
The Government delegate as proceeding y more when Mr. Nishimura interrupted and said the answer should be brief and to the point. Mr. Nishimura pointed out that the value of refined sugar exported in 1916 was the following year, and asked what was the reason of the decrease?
Mr. Sakurai, Director of the Revenge Bureau, replied that the export of sugar to China in rod amountd to 70,000,000 kin and in 1997 to $4,000,000 kls. The decreate was chiefly due' to the depression of trade between the two
countries and the financial situation,
Mr. Nishimura fald that the Government
policy in encouraging the business in the colony. was destined to ruin the industry in the home land, and asked whether the Government did
it an inconsistent policy,
not
think Mr. Sakorai Director of the Revenue Bureau, replied that there was no inconsistency. The evasion of tax must be strictly "suppressed, but excise leniency should be shown in imposing the
The "meeting rose k! 12 noaa. — Japan Chrenivie.
FICKPOCKETS AT HAPPY VALLEY.
ALLEGATION AGAINST TW) EUROPEAN WOMEN;
The pickpockets mancuvring around the Happy Valley during the last three days have
·been successful in pauperising a number of people, maluly Chinese. From the 16th to the 1818 lost, no less than half a dozen reports ware lodged at various police stations in the stoles and by those whose pockets had been Colony by persons who had had their purses
cut and. the contents stolen. Altogether it is reported that the fraternity cleared about $800 So far only one of during the race
the offenders has been arrested, and, the reader will recollect, he was sent to gaol yesterday. The charge against him was that of stealing purse containing $10.50 from an Indian on Wednesday.
Becoming emboldened by theirsgccess oDE Of thagang wenta step further yesterday afternoon. A European lady was seated in a teamcar, holding to her hand a gold chain purse, con laining a large sum of money, which rasted on her lap. A coolie, who apparently had been following the lady, awaited his opportunity and As soon as the car was put in motion he aprang up. on the hot board, wrested the purse from her hand, and disappeared in the crowd.
"Of course," said a police officer in a con- tentative thle morning, most of the stealing versation with a Hongkong Telegraph repre-
is done by new arrivals from Canton. But you will be surprised to hear that we suspect iwo, European women of pickpocketing, too. They are dressed tip-top and look wall-to-do, but their presence in the crowd attracts suspicion. We have been watching them for a long while, but I believe they have 'scented the rat.!"
The lady whose purse was snatched from
Mr. Akioka thought the slow development in the sugar industry of Lucha and Oshima, theber complained to the police, but the chances ogar-producing centres of Japan, was due to of arrest and recovery are somewhat remote,
the unfair way in which taxes were imposed.
Mr. Sakur, Director of the Revenue Bureau, replied that the cause was really doo to the lack of financial facilities possessed by these islands.
The Committee then rose. JAPANESE CUSTOMS DUTY TO BE INCREASED TO 50 PER CENT:
HEAVY DECREASE IN JAPANESE EXPORT.",
Tokyo, 18th January, The Committee on the Bill relating to the reimbursement of Customs duty on sugar "Tasumed its silting to-day at.11 a..
CAMELESS PASSENGERS,
NARROW ESCapes at the HAPPY VALLEY,
of
grown
Reings were created to take in smokers, Mears. A. G. Wood and A. Fachs resigned who.could stay until their cure, was completed, their seats op ieaving the Colony and Meat Remedies were freely given to those who pres JW, C. Hounar and C.. Brodarian, war Apferred treatment athome.
to the vacancies, and: the, rau grettable death of the latter, Mr. H. Sion Smakata, ware, registered, as well as the
These.
quantities of oplum smoked was asked to occupy the vacant,, sagt,
Registration, of the land, where the drug is appointments require the confirmation, shareholders,
Siz diferent proclamations were issued, at Inspection of opium shops.
give up the babit, and one month for the divans to close... That was in July, 1907, In, March, another bill be carried out at once. ll. sot, confiscation I gave the same order, but it had to and chastisement will follow. On April 19. 1908, there was a new proclamation giving three montbs' raspile. One finds in the evidence of procrastination, and of the habit of. Chinese never to settia any bing,
Bfossrs. Bbeilim and Friesland retire, by for re-election.
AUDITORS.
Messrs, W. Hutton Potts and: A. R. Love have audited the appered accousis and offer themselves for re,election,/.
È. SKELLIM,
Chairman,
WORKING. ACCOUNT, 1st January to 31st. December, 1968, Dr. To Charges Account- Rent, salaries, legal and
4. ||
Furveyors' fees, taxan, stampe, stationery, &c.$43,981.33 Director and Auditors":
tees
74.7.0
་་
A: SHADOWLAND OPIUM CONFERENCE.
“ỏ magna via vertinti Cicero, "We speak the Truch in Shadowland", Anon
· IV.
p.m.
to
resumed with much la- terest. Ed.NOU SOMERVENECI
There.wars present at the meeting beeldes speakers, Mr. John Delane, sometime Editor ed its course, and was enlivened, by the re respondent; Sir John Bowring at one time. „The momentarily adjourned meeting rosam,, of The Zimg] Mr. de Blowitz; his Paris-Cors marks of new speakers, including Lord John British. Plenipotentiary, and Governor of Hong Russell, Mr. Gladstone, the Duke of Welling kong Mr. W. G. Hunter, a well-known-ta-i
} too. Prince Bismarck, Admiral Alexief, Sirsidant of old Canton Mr. Ha N. Lay one of Robert l'ecl, etc.
the first Commissioners of Customs, and after „Lurd_Shaftesbury What was the imme- "wards PI: G.; and Adom: Smith, first) and diate effect of your destruction of the 20,191 chants.propium?
pricel
HE. Lin-A riad ir
11
Lord Shaftesbury,But wasn't the supply
exhausted?.
greatest of Political Economist, The Goals was taken. by Lord Shaftesbury,
M. de Blowitz-entering hurriedly)] {Harq», you are, gentlemens the latest psychogram from Shanghai, : Listen 1. 1.
(Members crowd round while the precious
HE. Lin. By no means. "Before the des traction was actually completed, salon and re-information is read out). Demand was beyond all precedent commenced with greater vigour than ever.
H.I.M. Tao Kuang.--I have already told you Opaque of, the present day have seen what the that we had not the power to prevent it The Canton people can do when they have the will. Japanese goods have rotted on their wharver, for none would buy. But neither the presence of H.E. Lin nor the distant thunders It is only where will and power are one that of Feking could make Cantos forego ite smoka, social vice can be eradicated. We bad made 'mistake.. Under the cioke of an assault on
opium we had beguh an attack on the for
The refages gave good results, and during. the first month as many as so people were treated. But that number decreated quickly. The treatment was supposed to last 15 days. A police officer went into every house and wrote down particulars of what he was tolder. Our weapon was turned against our about the number of smokers and the quanti Lord Shaftesbury-But the moral weight
own breast by aur own people, ties of opium smoked. This had no effect England was on your side! whatever on the people, who gave any number they liked. The registration of land frightened the cultivators vary much, but results wore far from:ccurate. Inspection of the opium shops Was received calmly.
of
of it. It was its chief exponent in the Hovas Mr. Gludstong It was indeed at least some,
debite, I pleaded, I exhorted, 1 desounced. of Commons, wrestled in spirit, I argued in Sir Robt. Peal-Do you remember asking whether it would be in accordance with Yes").
interests for you to do so, and my saying Mr. Gladstone-You did, I remember," Mar- -y has said as much in my "Life.” Of coune
49,989 To Commission Account - Agents commissions: « unitumen 79,111.50
To Exchange Account Dlfference in exchange wiautomaa 1,148,20
To: Losses Account 1905 ÷ –
Everybody approved of the proclamations and one could see the man in the street nod-me Claime after deduction of redzet.
UTRECOS......................136,624.08ding their heads while reading them, their To Amount Written Off- Furniture account.ány má
without
The Duke of Wellington-Anything to get the scoundrels out.
yellow faces showing signs of terrible fright of the effects of opium as depicted on the posters. Except about 400 men treated in the infrak To Balance...inancier 3756341.77ries, the:15,000 or 20,200 albers went ha smokpur main object was to dish the Whigs.
if nothing had hoppased. Even sow. it $562,305.78 | ing an
seeing seems difficult to walk instown In the open shops one or two smokers andis tuched by the polse in the street, and one may malice policemen quietly leaving an opium shop and furtively going to the street corner where they are on duty. Notwithstanding all this great number of pipes and lamps have been alled to the gates of the town and to the walls of some yaludus,
Cr. By Premium Accounts-
Premium after deduction of re-in- »
・surances so man
$485.557.93
By Interest Accoun!:-
Amount at credit, including in
terest due on deposits and ins vestments; &C. ................ By Transfer Fen Accounts— Amount at credit i..... ......
160,61,01
135.84
5647,305.78
BALANCE SHEET, 31st December, 1908. Liabilities, Capital Acount............. ..$400,000.00 Reserve Fundiamöbimineen. 1,000,000.00 Extra Reserve Fond
438,668lio Investment Fluctuation Account 37,399,00
Accounts Payable :—–
I ividend for 1907......$150,000.00 Lasses outstanding and
sundries ........... 96,684.37.
Balance al credit ...
Working Account, 19081-
2
Assais,
Hoveisiled twa charmingly conflicting thoughtsj Mr. Gladsonn—And, we did it. Wa deftly First, that Captain Elliot's lion of action was politically wrong and morally indefensible; and Second, that the Goverment had got placed sufficient strength at his disposal to enable him to enforce 16
Wellington-It worked like a charm, I re» member.
At the meeting of the Oplum Commission in Shanghai to-day, an American Bishop, Dra Brant, was unanimously niected to the Chair, couxia of which he characterized the stage He delivered an impressive address, in, the through which the anti-opium agitation had already, passed as the Emotional Stage It was, he said, "based largely upon santiment and ideals that are concerned in the inner self ranted (The reading caused a profound sep, soniatimes more independent of facts than is ware
iion).
Delane (ta Blawits). How did you get that through so soon, de blowitz?
De Blowitz-That was easy, I have frlands. in the Shanghai Prychical Society,
Duke of Wellington (10 Lord Shaftesbury,)— "More
-independent of facts-than-is wax- could make it still plaiser, and yet be thun ta ranted 7" Proity plain speaking that, though I our boast that "We tell the Truth in Shadow land."
Lord Shaftesbury-Personally, I welcome it;: though it must necessarily be a terrible far to
Lord Palmerston-It is certainly very point many of my old acquaintances,
ed, but not a whit more so than wás neaded.) The
unctuous self-righteousness which is ups./ able, or nawilling, to appreciate plain.......fact, needed a rebuke which could not have comây more appropriately or with greater, force than from the lips of its own elect,
This evening we are to look into another of the misrepresentations of the Emotional Stage the financial. It will be remembered that one of the main grounds for the crusades, against oplum was the statement that by reason of opium" China - way y-being
depleted of barl silver.
H. E. Lis-Wa declared that our stock of Mr. Gladstone--And from it has arisen the silver was decreasing to the tuza of same ten It is quite tre Pernicious fiction that she first war with Chica millions of taals per annum, was an Opium War; a fiction sown by us that we had no statistics whatever to prove it,, Torier, for party purposes, cultivated by miss but ten millions was a nice round number, ́sionaries as an explanation of their failure,| Wa named it and stuck to st.j wered by our enemies for national ends, and Lord Shaftesbury-And we having adopted. chever since reaped, both by China and England, it from you, and being convinced of your per
in a noxious harvest of misunderstanding and fect Integrity, also stuck to it
Was there anx suspic.on.
truth in it?
In the country, however, the effects of opium prohibition have been much more thorough than in town, and many cultivators have stopped growing the poppy. In the north of the plain of Yunbansen, culture has been brou,ht to an end.. In the other parts of the province, the Viceroy, in a report to the Throne dated March 23, acknoledge a oferi poopy tooth of the used for opium poppy
Sir John Dowripg-Oh¦ yes, undophtedly there was, You see it was like this j—India. supplied oplum to China and took scarcely any goods in return. There were no banks to ad cash basis. But when making their statement. just matters, and so the trade was done on a
respecting the nebulous ten millions, our Chies very solid millions coming in. nosa friends and nothing whatever about the?
H.ELio-Of course not.
These figures may bays been exact for Jast
(ur readers will have noted during the course winter, but since then, although no opiam is
of these conversations amongst the Celebrities grown in the plains or near the principal roads of the Spookton Club, that cross-examination mers oplum has been.growd in this Province as we understand it is by no means resentad: then last winter, Osą must bear in mind that if the east of Yunnan is really Chinein and device by which the Opaque may be enabled on the contrary it is warmly welcomed as a on the whole, ready to carry out, the orders
to see more clearly into the soul of the subject 330.684.77 given by the authorities, the West, inhabited
by natives, is not amenable to Chinese law yet, ed a part in its development. Thus it comes and the inner consciousness of those who play, 375,341/77. and wa already, bayo received bows of trouble
to pass that the marvellous combipation of in the country between Talifu kod T'engyueh.
moral inflexibility and partisan pliableness
Sir John Bowring.-Yet everybody, except a 12,505,093 14 Ar everybody knows, Yascan опе
darkly hinted at in. Marley's "Life of Glade, the Society whose information was "bassd of the poorest provinces of China Therestoce is hore openly exhibited by the great largely apon sentiment and idosis," knew that. Cash at Banker
and 575,511,38 are miser, bat, except in mines, very
statesman himself, Other examples will follow that wil the nations doing business with Chinas Fixed Deposits at Bapka':-
few of them are worked.
Besides thatto due course.. Ed.)
were constantly sending silver to pay for the Hongkong & Shanghai'
opium was grown in winter." Rice being
1. 1. M. Tao Huang. You must be careful | tes, sille, and other articles they bought, since * summer plant could not take its place, and
to remember that at that time we had but one China took litle else in the way of exchange. beant Are seen where poppies were before desire, one object in all pur foreign relations,
Mr. W. C, Hanton-The ship I came out in; Their value is nothing compared with that of and that was to keep the foreign devil in bit brought 350,000 Spanish dollars in kegs. That, oplam, and cannot rack among the exported place, vis, down, Viewed through the perfect was in 1854, and the quantity steadily grew goods. The principal imports in Yunnan areansparency of this post-terrestial existence, it afterwards. cotton yarp and clothes, which were paid for, is easy to sea that there at least a dozen grounds | not by silver, but in produce, the most
ant of which was opium. This drug disappear on which England might justly bave made returns later on, showing that the 1. & O. ships 273,819.81 Ing, Yassanese will have to pay the imports War, most of them. of greater consequence along brought in over twenty-eight milions of
their cash, and this is in so small War, therefore, is a sign either of malevolent
than opium ever was. : Talk of the." Opium | dollars a year, Out of quantity in the province that a terrible economic ignorance or of ignorant malevolence, That Criela will certainly take place, the result of which has yet to be knowo. It le true that the Williams, -Men might as well declare Chinois Government tries to encourage the that our, war with Spain was caused by the milk industry by distributing the args of the silk
Banking Corpora- tion Ann$148,819.83 Chartered Bank of I
30,000.00
A and C. Mercantile Bank of
20,0:0,00
75,000.00
Indla, Ld... International Banking
Corporation
*Investments.c- Chinese, Imp. Govt,
E. Bords Hoogkong Club Da- Hongkong, Hotal Co.,
benturas... 27,300.00)
Limised, Deben.. turas Shanghai Land Toyost- ment Co. Ld, Dar Shanghai Waterworks
bentures
Co., Ld., Daban,
That the police during the last three days have hadtheir work cut out in large slices in the matter of regulating the heavy trafic at the rɛce-course and protecting the lives of careless pedestria who persisted in getting into draget's way, cancio: be denied, and that the credit should go to them for the able way in which they carried out the task, free from any accidents, nobody will querilen.
There however, number of pernous
were, The proceedings were opened by the reply-Europeans and Chinese alike-who were a of Mr. Sakurai, Director of the Revenue source of great trouble to the police, in that Burnau, to the question put the previous day they seemed unable to look after themasives- in regard to the quantity of sugar on which a few of whom came very nearly, losing their Shanghai Club Da. the excise was imposed in Formosa,, and the lives, in the words of a police officer: amount of excise thereon during the period" They should not be allowed out with Sbarce Public. from April to November last yeax, Mr. Sa.. out a
a keeper!" Had it not been for the bural gave the following figures i—.
tion paid to these people by the officers two QUANTITY. AMOUNT OF accidents, and no doubt of a serious character,
kin,
EXCISE.
would have occurred yesterday afternoon at.. the conclusion of the race meeting. As every body knows, at that time, the traffic: is, at iss
1.
First quality .............: 70,000,000
Second quality ..30,000,000. Third quality......36,000,000-
¥3,100,000
175.000.
3073,000 3,800,000
attenr
highest Hundreds of people are hurrying homa, rickahas dashing here and there, tram";
Fodrth.quality ...$8,000,00 for Tokushima cars coming and going, and in. such a parrow);
Mr. Nakagawa
road the risk run is great.
The Araf accident that was averted occurred
prefecture, said that the authorities appeared to be protecting the Formosse sugar Industry by Imposter excise at a lower rate on sugar pro a few minutes before the last race had been. duced in the colony, and asked whether such decided, was the CASE. A
A European was seen banging.
Bill had said, Comoxerament delegate on the } on to, acer which · was travailing at the
Mr. Nakagawa, that ordinary speed. Suddenly, and before any-
the existing Conventional Tariff on sugar would thing could be done to stop Him, he step-
be repealed in July 1911, and that the import ped to the ground and staggered on to the. duty would be relied to so per cent. If this track of an approaching car. Fortunately fot.
bentares NNE
san00,00;
49,877.40
8,472,33.5
6.556.62.
Companies.... 200,100 go
Loans on Mortgage- On properties in
Hongkong-$1,467,300,00 "On properties ·|0-
Shameco, Can.
-
************* $10,000,00 Faraltare Account
Office furniture, &c. muyun. Accounts Receivable;-
Fromia dus from agencies, in. terest due on deposits and, investments, &G), me
by
Sir John Bowring -it did. I got out some'
H. B. Lip-Gentlemen, there is no doubt. whatever that your remarks on this matter are
as true as they are poicted: To add my quota."
to their force, let me tell you, as a fact of which
at least some of you were ignorant at the time,
that we had a rule by which we permitted jox"
of our imported foreign silver to be re-exported, Our native silver was never touched at all."
Mr. Gladstone-As an old Chancellor of the Exchequer, I should like to ask whether any of you can.quats us some up-to-date opinipa on this vexed question.
SLY
worm sad it is rumoured that cotton plantationloking of the Maine.
Prince Bismarck-Or ours with France will be trieds: Bat all this will baly give resultste candidature of a Hohenzollern, for the after years of experiment.
throne of Spain, Anyhow, for the present, the suppression of
Admiral Alexioss-Or ours with Japan by the the opinm trade spells the total rpin of Yannan, catting of trees on the Yalut Mr. Gladstone-Quite so, FIFTH SESSION.
Casios arc
are deep: pretexts shallow, But for the accident of a The N. G. D. News of 11th that, says. The party crisis, little would have been heard in Bith sessions opened at 10.30 am, yesterday.England about either Chius or opium until Mr. J. B. Brunysta occuplad' ike whole of the one of the other causes had raised the conflict, meraing sitting la presenting a report dealing Mackensie in his well-known History of the |with the Opians: and Morphine question as it Nissteenth Century, dismisses all our relations 403,571,39, concezon India, and Bars The Commission: with China in two sepippeer, one of which is
rose at-12.45. p.1.
|Incorrect= On rambling at 2.15 p.m. Monsieur Retard banded in a report on the use of Oplum and its derivatives, in. Frappe, and made a few remarks summarizing, the position, as regards the measures taken in the French Concassios 1,817,300.00, at Shanghal for controlling the sals and con 700.00 Mosaur Branlar, who gaya a vérums of a zo
| part concerning Opinin in French Indo-China..
The chiel, dasgate for Portugal, Senhor O..it Gr. Potier, præapptod, a report corering, the situation as regards. Opium, in Macao, and promised a further Memorandum on Portugal and her, colonies as born, az ha was in receipt
for Austria-Hungary, Italy, and wonderful how that game's caught on,Adam Smith That apparently is conclue
133,390,05, $1,193,493.14
Sir Rebt, Pepk-Though based on your own arguments. Do you remember how you worked up over that speech? - The visitation yourself from God which you feared?. The Jonah-like predictions, you kuried forth? And above all
Mr. H. N. Lap-As an original LG, it has always been my aim to keep myself as wall posted as I possibly can with regard to matters Calestial, Consequently, my correspondents tell me all (hey can, and I bear that Morse Chorus of Voices-Order Order. Who's Morel
Mr. Lay-Gentlemen of the Iluminati crave your ladulgence. Morso le yet sunugget The Opaque of the Terra Obscura. But, besis, already one of ourselves in his regard for Tanthe He is a very able, well-informed American
But permit me to quate, and you, will see.
"The
drain of silver is not proved by facts. A From the English, American, Dutch
Portuguese, and alber trade there pours A stream of silver in the shape of Spanishɔ Anhui the movement of silver was dollars which to this day (1908) are current.jar inward, not outward,"
umption of. Opium.......... He was followed by the astounding declaration that the Chiselike polat of my, remarks. This is what M
werd ample justified in poisoning the walls.
Mr. Gladstone, I remember it perfectly., Lord John Russell I told the Queen about in my report the tame evening.
Mr. Gladstone-Whsi didaho say? self if she were here, but I happen to know that |_Lord Joba Russell—She would tell you ber, the is making one at a "Pons: party shin after
·Mersa says
od
wate donaj there would be no necessity for him, he was grabbed in time by a police.. A.TARIO despatch, of 12th inat, sa54) The Persia will; ba® ready for presentation to the gl you might tell us why Honest John, kim ulve."-Hut:as an old economist, I should like
Legislature of the State of Washing second Euro- ported to have resolyod to postppes
reimbursing the duty on imported crude suger before he fell and swung clear of the
Japsuose and foreign sugar would be placed otherwise no one knows what the result would
but what would be dons have been. In another casa when sugay refining" mosa; and competition ensued between the When another car was but a faw yards away, pleasant, to, the. Japanese 2: Sha mills la Tapia Proper and those in Formosa was by chance stopped in time. The Chiosas Chamber of Commerce basrasolkak to just SirMe, Sakurai, Director of the Revenue Forest, also ward great of anders, their escapades being general exhibition for the subordinari
stated that mezdiscrimination, whatever was too many to mention, in detail. Such careless Jocal feeling in favour of the Made ip favour; of; Formosus: sugar, in ihm inte loendusi le to be censured/
Bonotry,
· on an equal foods were started in For-pean, who was in the act of stepping of S'CAT) / HER action, or mesatina, calmiistad,
to put one question to H. E., Lin, Did the reported drain of silver from Chips censo far.. crossed activity in her silver mining?
med Commission pe Enday, and that, ips Russia.planation.
so lightly over the episode without axe will follow at a falar data..
The Commission adjourned at 3.30pm until
Me Gladstone--it would hara necessitated, Friday moming. T
another volumsi
H. E. Libit did act. Our mineral richer. Sir Robt, Paal-The fact of the matter is remained as they always had dogs, in charge Gladstone, that wa wera, misinformed about of the disgen, who watched their, practicall this opium matter, Mesleki no Sunworked
The sixth session opased at 10.30 am, on February 18. Magasta saigting 18 Aka Oplum
My! Giladstone-Worse than thatmhalf in Adam Smith Thank you. formide: We did not know, for exantple; that a mor- NC DỊ NHU
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