482
ANNUAL - MEKTING,
THE HONGKONG TELEGRAPH FRIDAY DECEMBER 31 1000
CAMPBELL, MOORE & CO. LTD. Payments in advance Lusurance promís de Employees' outward (pas-
Bages....
Cash
The twenty-third ordinary annual meeting of shareholders in the above Company was held at the Company's Offices, 14, Des Voeux Road, Central, at noon, last Wednesday, for the pur pose of receiving the report and statement of ac counts for the eighteen months ending goth Juan, 1909. Mr, F. Kills (general manager) presided, There were also present :-Messrs., A. F. Ascall, V. P. Musto, A. R. Ellis, C. A. da Reza, and Miss I. Bishop.
The notice of the. meeting having been read, The Chairman sald :-Gentleman, With your permission I will adopt the usual courso and consider the report and statement of accounts at present in your hands as read. I re- gret to have to place before you thase accounts showing such a large loss, which after wiping off your reserve will all take away another 3000 odd dollars from your capital. This ad. verse state of affairs is explained by the fact that your stock stood, at a large figure. The
quantity of the various articles was by the gross wharqse the sale being small the goods had to be carried over from year to year, without any provision being made for depreciation, The time has now arrived when drastic measures have to be taken with reference to the vaination of the stock, which coupled with the heavy cost of moving from the Hongkong Hotel promises to the present store and cost of altora. tlon which were baree by your company, and a som amounting, to about $800, which had to be written off as bad debts, are the pilocipal causes which go to" explain the ad- varse report now before you. The amount to ba written off a bad debts cover a period fram 1905/1907, for which no provision had been made when the company was earning large "profits and paying huga dividends, The valu of your stock, which stood at $9,15.01 on 30th Jane, i may mention for your information, was arrived at by me with the co-operation of Mesars, Lowe, Bingham and Matthew's reposentative, who have also prepared the accounts. Staf -Your staff is composed at proient of better mes then lo former years, in spite of which I am glad to state the pay list is less by Over $100 a month. Gentlemen's Saloon. The saloon, which is second to none in the Colony, le giving every satisfaction as is proved by the Increasing number of subscribers. The sub scriptions ara, larger by about $100 per month than in the corresponding periods of last year, Ladies' Saloon-The orders which arrive daily and the attendance is much greater than in the previous year. The saloon is largely patronised, fact which goes to show that it is also second to none In the Colony. Wigmaking, etc.- This department has also benefitted with the others, and orders for wigs, etc. is better then last year. The attendance of the staff during vations theatrical performances baid during the year gave entire satisfaction, Gaatlemes, I have nothing further to say beyond express ing my firm conviction that the affales of your company are improving and that when you are Doxt assembled here again I shall be in the position of requesting you to pass a statement of accounts with the balance on the right side. Should there be any questions you would like to ask, i will answer them to the best-of my ability..
Thers, were no questions. The Chairman moved the adoption of the raport and accounts,
Mr. V. P. Musso seconded, Carried ananimously,
Mr. A. F. Arculli moved that Mr. A. O'D. Guardia be re-elected auditor for the paruing
YBAF.
Mr. A. R. Ellis seconded.. A grand.
Mr. Arculli-l propose a vote of thanks to the chairman for presiding and for the encouraging report he has given us
Mr. Musso seconded. Motion carried nem com
L
598.04
61.54
In General manager's bands 3x014' With Chartered Bank of India Australia and
329.98
Add usprovided for liability
Profit and Loss Account... 4,885.55
600.00
Adjusted Loss to 31/12/07, 5,485.55 Loss for the 18 months ended
תוי
30th June, 1999, per Proft and Loss A/C. ... 7,233.47
13,710.02
יי
Deduct, reserve account per
contra............ 9,000.00 3,719.08
".
18,308.00
BELILIOS PUBLIC SCHOOL.
POLICE RECREATION CLUB.
CHILDREN'S SPORTS.
THE SHOOL TRAGBAY. THE PREMIER'S
ER'S RECOVERY IMPROBABLE.
a would-be assassin yesterday, sustained an Tokio, December 153: The Premier of Koria, who was attacked by injury in the shoulder that reaches the lang and two injuries in the abdomes which ranch the kidneys
The doctor at the Seoul Hospital adminis mier is in a sinking condition and his worry tered three injections last night) but the Fro-
improbable.napok P
the page from Holland to the East, this pro ANNUAL SALE OF EMBROIDERY,
gross of coloplastion on the part of the Dutch must be regarded as too slow, and demonstra- The annual exhibition of the Belilian Pabllc"
ter the lack of an aggressive spielt. There are Last Monday afternoon, the Police Recreation very few Dutch women in the colony, but School was bold on the premises of the school Club beld a children's sports meeting on the male Hollanders are prohibited from marry Last Wednesday morning and was favoured with grounds of the Clab at Happy Valley, as a ing with the antives. The inevitable to the presence of Mr. E. A. Irving Director result of which a goodly sumber of children of salt is that the men simply cohabit with the at Education. The ball was gaily decorated members of the Police Force were sent home natives. Besides, officers and others who 840.11 in Chinese style and, during the morning, the happy and laden with the good things that stay only a few yours have relations with
Chinese girls gave series of recitations in their aldare bad thoughtfully provided for Chinese and were heartily applauded for their them at this festive season of the year cohabit with Hollanders, whom they have been the women, who seem to think it an honour to efforts. A varied assortment of dainty fancy other attractions which are thoroughly ap the number of half breed children is very great. Besides the afternoon's sports, there were work was displayed in
taught to regard as of a superior race. Thus a prominent part of the buildings, the excellence of the articles fally preciated by those for whom they had been testifying to the painstaking efforts of the
Intended. Among there was a Christmas
These Eurasians are more Holland than the is twenty-one years of age. He spent six years The assailant comes from Phong-yang and Hollanders. They put on more aire than realin America and is an adherent to the Presby teachers as well as the willingness of the pupils.. free from whose branches each liule mite Datchmen and treat the natives with contempt. terian creed. The young man was opposed to.
In the course of the morning, Mr. Irving received a present to delight, his littis heart. congratulated the children on their performance Lawo-bowl competitions were also held dur
FAILINGS IN THE GOVERNMENT POLICY. as well as their excellent exhibition of seedising the afternoon, in which sturdy members sessions shows a deficit of about Yr0,000,000 The weapon used was a Russian cavalry
"The Budget of the Dutch East Indian pon-
the societies favouring federation between Ed work. He hoped that when His Excellency
of the Force were afforded an opportunity to every year, which has to be supplied from the lance-head and the assassin was found to rea and Japan.stepSA distributed the prizes in connection with the display their skill. The band of H.M.S. King home country. But this does not make that girls division of the Bellios Public School, Alfred played selections of music in the course this Dutch possession is not fucrative to Hol some of the beautifel specimens of asadiswork of the afternoon while the funny antics of a land. No other Dutch colony has contributed
be carrying a revolver also. After wounding the Premier, he stabbed a Japanese policeman would be put up for his inspection. It was well. couple of men attired in clownish garb excited known that the Chinese were excelent Imitators so little merriment among both young and try. The capital welted the home coun-him with the help of a Korean constable..
in the abdomen, but the policeman : arrested, of art and the exhibition displayed that old. At the conclusion of the sports, Mrs. F. 1. fabulous- profits. Tala descit in the nd-
Invested here has realised The existence of an accomplice is suspected. morning, were excellent Imitations of art, Badelez, wife of the Captain Superintendent ministrative Stances arises out of the Dutch
The tragedy occurred when the Premier wai but imitation of art was not the highest of Police, preacted the prizes to the success policy of keeping the natives ignorant King Leopard.
on his way back from a'memorial survica for form of art. The man who copied a pictare fal competitor and was made the recipient of The natives are not encouraged to in of no artist was not such an advanced artist bandsome bouquet, bealdes receiving three
rekaba puller was killed dar as the one who want to Naturs and drew from hearty chear from the lusty throats of those wealth remains stationary, and the revenue. prove their condition; consequently their simplelife. He was glad to see the same princi- present Altogether, the meeting proved most; does not increase. That the Dutch Govern ple was being adopted in the school and hoped enjoyable and Chiel Detective-lospector Hanment apparently does not concern itself much that Mr. Sung would give it a trial, Heo and his assistants cannot be too bigbly about the advance of civilisation la thase is congratulated Mr. Sang on the excellent pro- praised for the success of their affarts in pro- lands may be seen from the small number of was in a position of which they could feel very gress of the school and said that the school viding a highly sojoyable afternoon.
The results of the various events were as 48,000 pupils all told in the island. This policy students attending school. There are only. proud. It was three years since he was pret
follows:- eat on an occasion like that and he noticed a
of keeping the people ignorant is suicidal to too yards, the Government, and this is the only point speaker attributed to the staff and the great very great improvement indeed, which the
which I did not appesys in the Dutch policy. bagerness of the girls in their studies. At their own request, the girls of the two top
CONDITIONS OF THE ISLANDERS.
standards were allowed to start the study of English and he was struck with the progress made. He proposed to continue the experiment fating the school on the excellent work done by in the other classes and concluded by congratu the headmaster and the staff and the excellent work done by the school.
Campbell, MOORE & CO., LTD. F. ELLIS, General Manager.
RAISING SIilver prices. "FAIR EXCHANGE" LEAGUE SCHEME. The "Fair Exchange ** League" is a move manufactured and other products from Europe ment intended to promote the export of and America to the Oricot by raising the market price of silver, writer the San Francisco relatively decreasing is sure. That manufactur Chronicle editorially. That trade with Asia is ing plants are being transferred from Europe and America to India and Chin is equally sore, and the movement ander presept condi- and our workingman are threatened with an tions must rapidly increase. Our capitalists
produced here at prices, duty paid, with index from Asis of commodities hitherto which our mills cannot possibly compete. There is no doubt cause of this impending change, so dis
whatever that the astrous to us, is the low and decreasing price of silver as compared with gold. No one denies that anything which will increate the price of silver will check the transfer of indus tries to Asia. The Fair Exchange League, of which Moreton Frewen of England is the chief advocats, proposes what, it believes will cause the necessary tise of silver.
THE PROGRESS OF CHINA.
In the course of his report on the trade of Foochow for the year 1908, just published, Mr Consul Playfair makes the following interesting observations on the remodelling of China:
"The process of remodelling through which Thare can be no queation of the seriousness China is passing bas, at some points, so io- whether the remedy proposed by the league set her house in order do years ago the trade- of the situation. It is worth while to consider fluence on the course of trade. When Japan would prove a situation created by the low price of silver conjuring trick; the magician waved his wand effective remedy, Toe formation took place suddenly. It was like a is that a given expenditure in silver money tling of an oys. The Tycoon left by one dear Kod the alterations were affected in the twin- in Asia will produce two or three times and the Mikado antered by another, and Japan the quantity of finished products which can be produced in America, by the gold required to purchase the China no sach celerity has characterised the Europe, and especially has been a diferent country over since. in silver. This is the result of the silver paid movement, which in China is rather that of the labour applied to the best labour-saving mabour-hand than of the minule-band of a watch. chinery which is at our own disposal." The The motion there is so nearly invisible to the Chlaese and Indians receive the same rate of sense, that it will be some years are its general
ilver wages that they have always received outcome is apparent to the onlonker. They will, apparently, contince to work for the same wages. The hope of the league is to make the silver cost the employers so much more gold than they now pay that their hairbed products will cost as much the same pro- ducts manufactured here.
The Chairman-thank you for your kled out return of any equivalent from the treasury remarks and attendance.
That was all the business.
Following is the report :- Canilemen-The general manager bags to submit the accompanying profit and loss ac- count for the 18 months ended 30th June, 1909, and also balance shoot at 30th June, 1909, show. lng a loss for the period of $7,233.47. This ad. verse result in the working of the period is st tributed to general trade depression in the Colony, and to the drastic measures adopted in writing down the value of the stock,
Owing to illness the general manager was unable to take stock at 31st December, 1998, and, under the circumstances, It was decided to leave this over to the 30th June, 1909, at which date the stock was duly taken. The accounts therefore cover a period of 18 months. Mr. A. O'D. Gourdin bas audited the accounts now presented and offers kimtell for re-election....
F. ELLIS, Ganeral Manager. Hongkong, 14th December, 1909.
PROFIT AND LOSS ACCOUNT FOR THE 18
MONTHS ENDED 30TH JUNE, 1999...
To Balance from working A/c...
Exchange. * þar
Insurance
"
Bad debts written off S. 737.75
Less recovered....
15365
#
. Audit fees
Depreciation
Oà furniture and fittings.
Interest on deposits
–
By Balance, loss for the 18 months transferred to balance sheet.
in Asia anprofitable.
"We are accustomed to look on China as the type of a conservative country par excellence Some of her institutions have existed from time immemorial, and to most of us, who consider the matter at all, it seemed as if these unchang iog features might continue without alteration system of competitive examinations bereby to the end of time. Such for instance, was her admission was gained to the hierarchy of officialdom. Yet s'ace 1900, which appears to as a nation, she has abandoned, not the system have been the turning point ofChina's existance itself, but the curriculum of study on which it examiners by a parrotlike knowledge of a dozen was based. No longer can candidates satisfy canone and classics. The sclince of the West has now to be, included in their parview and their horizon has been very considerably widened.
4
GIRLS' RACE, under six years. Handicap,
Mis M. Gerrard Miss M. Kent
I 7
Mr. Bell, nominated by Mr. Kent a GIRLS' RACE, over six years. Handicap.
Miss Langley
2
When Holland took possession of these is Handicap.
Boys' RACE, under six years. 107 yards. lands, the whole laod became the property of the Government, and the nativan were made tens Master W. Garrard
ants or sarfs and forced to cultivate sugar, Master W. Hanson ... « 3
coffee or qolua according to order. The natives GENTS' RACE, over 30 years. Handicap,
are very happy-go-lucky people, however, and Mr. J. Grant. comnemau
hirked the work at every opportunity, LADIES SEWING COMPETITION,
They wore subsequently ordered to give one- Mr. McLennan, nominated by Mrs.
fourth af tbair labour to the Government As *Laogley...restle
a result they had to work 325 days out of the 365 for 5 san a day. With this labour the Dutch Government raised coffee;"angar, and quina, and supplied the European markets with the commodifles This proved great. source of wealth to Holland, Though this slave-like system has been abolished by the humanitarian efforts of an official, the natives have not yet shaken off the spirit of slavery and their condition of life is indeed pitiable. Io a few cases, private possession of land has Mrs. J. Walten.nomaianas He been granted to certain native officiais, and GIRLS' SKIPPING COMPETITION, aver six 10mt grants were made during the temporary posssation of the colony by the British; but Miss Gerrard
the natives are so ignorant that these private lands are rapidly passing foto the hands of grasping individuals in exchange. for a very imalf arount of money, The Dutch Gorera ment has now on 'foot a plan to redeem private land in order to prevent this evil, The Govern ment has also a scheme to nationalise the rail- ways, stimulated doubtless by the policy of the Japanese Government. The present services are very badly managed.
Miss J. Bikermonum BOYS' RACE, over six years. Handicap. Master Claude Robertson. I Master H. Langley. LADIES' COCOANUT SHYING COMPETITION.
years.
Mr. Angus
Miss Baker .....................
Miss Langley
2
1
2
|***
Miss Robertson 'GENTS' RACE, under 30 years. K. McLennan ̧‚ .............t LADIES" EGO AND SPOON RACE.
Mrs, Wright.....................................................ais Mrs. Kent.
THE dutch in thE "FAR EAST, OBSERVATIONS DY ▲ JAPANÈSE POLITICIAN, Mr. Takegoshi, M.P., who has just returned colonies in the East, contributes an article to from an extensive trip in the Dutch and French the Tafjo, fram which we make the following extrecie?—
THE SUNDA STRAIT. "The strait batwson Java and Sumaira is
first foothold for the Hollanders, from which situated at the entrance of this strait was the called the Sunda Strait. A very small island
they were, subsequently enabled to occupy the two great and fertile islands which are now under their sway. The first occupation of the little island was the'koy to the succes of the Dutch in the East. This passage from the China Sea to the Indian Ocean was not discovered by them; indeed...it was known to ancient navigators much earlier than strait that Kublat Kban sent his mission to the Strait of Malacca. It was through this india The Mongola called the strait Jan-tats, have been derived.. The strategic value of the from which the present name is sopposed to trait is well seen from the fact that. Admiral Radjestvensky was said to have expected the Japanese fleat to be lying in wait at this point on the assumption that the Russian fleet would
value of the Sunda Strait cannot therefore be Rassian Admiral piloted his vessels through go through the strait. With this idea the the Malacca Strail fastead, The great strategic overlooked.
ing the affray.-N. C. D. Nowa
The Premier's rickahs
دار
FIRE AT MACAO, MANY HOUSES DESTROYED,
which broke out in a Chinese house near the
27th lost. 1715 A report is to hand of a big confaptation Hongkong Steamboat Co.'s wharf, at Macao, on Saturday and was not extinguished until the following morning,. As there was a fresh bresse vo blowing at the time the fire spread rapidly... and destroyed quite a number of Chinese shops i of the better class in Macao. No further part- colars are available to-day, beyond the fact that) the confiagration was one of the mast; destruce- live that have occurred in the Portugusse city. within recent years.
FOREIGN MERCHANTS IN JAPAN.
A JAPANESE VIEW", The Economiste Francase, which for some yeats bra published contributions from a hiri Urakami, has an article by that gentleman on the "Situation of European Merchants (m Japan The article is reproduced in the Bale ti de la Société Franco-Japonaise de Park, and is translated by the Japan Chronicle an follows:**
"With the facility and rapidity la programe day by day of the sea and land communica.. tions between Europe and Japan, and also with the extension of European languages--- especially English the business transacted for the needs of the Japanese by the Euro paana and Americans residing in our ports be comes more restricted avery year. It would seem that the centre of our forsiga trade is becoming displaced equally at the expecs of the ports of Yokohama and Kobe.. I say that this business is diminishing more and more. 70,000 are Dutch and 550,000 Chinese. In the who dwall among us, bocanas direct trade by "Of the population of 36,000,000 30 Java, every day, to the detriment of the Europeans time of the Great Magul, the Chinese began to
the Japanese is developing to a' very" apprací., asitle in the islands, and, though they have en
able extent. Thus, in proportion as we sell or parienced two graat massacres, they are still buy in European sad, American markets by thriving even under numerous oppressive regu.direct trading, new centres of export and Import said to be the richest of all resident foreigners, such lations and heavy taxation. The Chinese ̧áza arn opened one by one in our secondary posts,
"In its scheme of colonization, the Datch Government adopted the wise policy of Inter ble. Uld usages are respected, and through foring with native lostitutions as little as possi
tolerably well. Thus weak Holland has been the help of native chiefs the natives are governed,
much trouble, it would be worth our while snabled to hold her great possession without farther to investigate their colonial policy, and here we must agaiu divert out attention from the north to the south, from the continent to the islands..
Bhimisu, Yokkaichi, etc, according to the commodity daalt in by the native exportars and impoiters. The Europeau : marchants of diminution in the onlors which they Yokohama and Kobe are thus witnessing
Japanese-in other words, these orders, formerly received from the hands of u
to the foreige markets by letters, dispensing do instead of going to them are sent directe with the intermediary of the European mere chants, which had been exclusivaly stillsed el. until recently,
The direct export and Import undertakan FRENCH INDO-CHINA.
by the Japanese is carried on in the ports which ⠀ Concerning French Iodo-Oblas, Mr. Takego-lic bear the places of production. This la shl expresses great admiration for, the French only natural, as in this case it is much easier with Yunnan lu China, to which it is proposed and among our smaller ports which have com railway undertakings connecting Tongking than to apply either to Yokohama or to Kobaj to make a connection with Hankow through menced to prosper owing to the direct trąda opportunities of Indo-China are not much occupy the first rank. Thus Shimisa, the port Szechuan. He deplores that the commercial of our countrymen, Shimire and Yokkaichl appreciated by the Japanese, notwithstand for the direct export of tes, which before 1906 7- ing the existence of the Franco-Japanese had exported the leaf to a valus, of no more understanding. He adduces the lack of a than Y300,000, sold a million yan's woria L Japanese steamship service to French Indo- that year. This commodity, which gosa" prine
suggests that the coming tariff ravision be cles in the way of a prosperous commer dealt in at Yokohama but, as the por Chius and the high import tarif as the obstacipally to North America, had previously, been cial development of the dependency, and of Shimizu is situated in the actual centre, of the districts where the tea in cultivated and availed of far reciprocally lowering the duties prepared, the merchants and producers of the in the interests of both countries. Mr. Take- lasf no longer turn to Yokohama, but prefer, to goshi insists that the surest means of securing deal directly with the American importers of peace and good will between nations la to pro- San Franclico or New York. In the same Japan Ohrovicle. mote commercial and industrial Intercourse. way the port of Yokkaichi, in the province of Iso, is to-day gaining greatly in prosparity's it Imports cotton, angar, petroleum, etc., directly from abroad without uiilising the Intermediary
has reached so milions yearly since 1907. of Yokohama, and from one, million yes 'la
gor, the figure represented by those articles:
roughly estimated at 40 million, but the Dutch "The population of Java and Sumatra is rule does not prevail vary thoroughly. There are frequent uprisings and skirmishes in Sumatra, though Java is free of such. In theta circumstances, the exact number of people in Sumatra alone is almost as large as the Japan of course not definitely koswn. The area of
N. DEL. TO BORNBO.
Dutch possessions in the East are estimated to Darvel and Marudu have run at Irregular dates ese Empire excluding Formosa, and the whole Daring last month the N. D., L.. steamers great and fertile territory seems almost too to go into dock in Singapore for cleaning and bave an area of 700,doo square miles. Such aand omitted parts of their run as they bara had good and extravagant for a country like Hol- overbaut. land, which is only one of the small Fowers in Europe.
create a monetary vacuum by inducing the The first step in the proposed process is to United States, Great Britain, and, if possible, France and Germany, to impound in their is the aggregate to be impounded by all the treasuries $500,000,000 of gold. Whether that nations, or whether each is expected to im pound that sum, is not made clear by any atement which we have seen. Apparently this is to be produced by special taxation with and to be an actual withdrawal from circula- tion. It would be equivalent to dumping the gold in the sea, except that it would be avail-
"One consequence is that the school-master able for use if ever it was so desired.
pervades the land; he has done that, it is tras, It is intended that the vacuum thus pro- for canturies, but now he is of another type and duced shall be filled with silver, or rather, for needs much more extensive acquirements, the most part, small notes based on silver, dal Schools have sprung up everywhere, at least in lar for dollar, precisely like our present silver the fringe of land bordering the sea and the certificates, the actual silver being stored in
Great River which has been leavened by the the treasury. This would lavolve the retire- ment of the smaller gold coins and of all mall cge is incalcated and to these schools the presence of Europeans. Here the new know, notes based on gold-that baing the most con- youth of china is flocking eagerly and in their venient way of making room for silver. The myriads. There have long been schools of theory of the Fair Exchange League is that Western knowledge managed by Europeans, the creation of this monetary vacuum would chiefly mishonaries of various sects and nation. produce such an active demand for silver to fit alities, but what is noteworthy in the present re it that the price of silver would automatically rise to a point which would make manufacture clever enough, when establishing their schools, vival of learning is the number of schools esta blished by the Government. The officials are That a suddenly created vacuum of this kind 10 make them attractive by granting them would produce a sharp rise of silver there is no
certain privileges denied to outside educa doubt. The question is whether the rise in tional establishments. For instance, it is pro silver would be permanent, or whether the posed to establish constitutional government in silver miners would quickly food the market China; this implies the election of representa and bring the price to a lower point than ever,
tives by the people to form a national assembly which was what happened when this country or provincial councils. It has already been de- alone undertook to raise the price by allver parcided that the franchise shall be extended to chaser, We do not know that this could bedeter pupils of Government schools but to no other mined except by trial. The Colorado papers students. $5,893.564e booming the project enthusiastically as "There is a curious tact, though undoubted. 174 81 promising a "boom"in silver mining and they no more than a singular coincidence, in con- 148.96 reopening of mines not now profitable, Mare- ction with the old-fashioned competitive ton Frawen.will be here in a few days to more examinations. With them disappeared the 584.10 fully explain this doctrins, and will doubtless pread titles Primus, Secundus, Tartius, and
devote himself to this crucial phase of the situs-
Quartu indicating the four candidates who 200.000
tion. There is no doubt that by concerted took the highest places in the Palace Examina action the monetary vacuum can be created.
tion. The Primer, or as the Chinese call him 133.84
The question is whether it will be filled from
the Chuang Yuan, took an almost inconceivably though it was inevitable for the Japanese, that On the other hand, it was a misfortune, the silver now in existence or new silver whleb, high place in the public estimation, and the we had to fight with Russia and take the but for the vacuum, would remain in the greand. town which produced such a paragon acquired responsibility of Korea and Manchuria. His- The question of free colange of goid would also thereby andying fame. The coincidence It seems to tell us that the northern races cut some figare.
refer to is that it was almost simultaneously are the conquerors of the south. The long his- decided to abolish the title of Senior Wrangler tory of twenty-four dynasties in China has been at Cambridge, which corresponds as closely as possible with Chuang Yilan in China,
a.continued demonstration of this principle "Another astional movement of an extraord-sigs to the north is thus against natural ten except in a few isolated instances. "Our expan Inary nature is what sulers and people bare deacy, and though we have to obey the dictates dose to demolish the national vice of oplum of destiny and protect our acquired rights in The city secret service detectives have be smoking. The stimulas came from above in Manchuria, we do it in the face of the warning ment of this service of boats, abortly after the Our readers will remember at the commence come convinced that the brain of oat Isidoro the form of an Imperial Edict, but it is doubttal of history, and cannot hope for an expansion of transfer of the Blue Fansel local steamers to Mendexa is most fertile and that he is capable whether even if Decree of the Emperor would commercial and industrial rights further north the East India Steamship Co., how in Novem of concocting strange schemes Isidoro appear- bars done effecical work had not the people In the second place, continental possessions have ber, December, 1900 and January of 1991 only the detectives where they could capture a Chine and that they were determined the mighty as the case of England Normandy was a costly and European malls so that one boat came into where tyngo and informed shows they were heart and soul in the crusade, proved disastrous to Island kingdoms. Witness six of these, steamers arrived with Singapore and an amount of opium. Following his direc- terprise should succeed. It is still too early to and wasteful possession to England, whose deport with four English mails on board e ..i tie tion they arrested Yap Ching Ty and found pmaonoce whether China has succeeded in her fost at the hand of Joan of Arc proved a bloss enough oplam inble possession to justify afice of endeavour or indeed to be absolutely certaining is disguise. The relation between Japan bave succeeded in establishing a reputation for P300, reports the Cables American. When that she is honest in her wish to see the last of and Manchuria is similar to that between Eng-russing a regular and well conducted service Now, however, that Messrs. Bahu, Meyer Ty realized.bg was in for a fipe, he told the do tectives how he had been duped by the man least, in this part of China, evidence that rulers rogatives in Manchuris, but our attempt to not be lakas amiss.”
the produce of the poppy. But there is, at land and Normandy. Japan has acquired pre- of mail boats the following who had informed them of his having oplam. and people are sincere, for streets of opiam exercise these prerogatives is alleged to conflict Ty had paid Mendoza P300 for twelve tins shops have been closed and myriads of pipes with the interests of alber Powers, so that our which he thought contained oplam: On In- and other smoking paraphernalia have been march worth may prove the means of exhaust well maintained and the service considerably The reputation then established has been vestigation it was found that the tins con- committed to the flames tained molasses, Mandora had insorted a
ing our national resources. Perhaps we have improved. The old Kodal and ringgan to abide by the consequencer, but. I want to have been replaced on the Singapore line by warn our people that it would be wiser to the excellently fitted up steamers Dorel and follow the teaching of history, and to toro car Marudu, bulit especially for this sum and the proportion of the feraign, trace of Jap***
that a gradually · Ettention from the continent to the islands-in Borneo bas, replaced the Sandakan, on the pass through the hands of the Jap Bay at the outset, however, that i am a strong spared to ensure the comfort of passengers and Nevertheless this does not mean that advocate of peace and that our oceanic ex- complaints which are extremely rare are will be left for the foreign marchs other words, from the ports to the south. Hongkong man. On thase salpr no trouble is selves, but that is only attain. pansion must ever aim at peaceful development, fully inquired into and the faults rectified country. The situation of the latter Now concarding the condition of the Datch our communication with Singapore and, except implyAt any rally the latest BLOW GROWTH OF DUTCH COLONISATION. possessions in the East. Holland has owned for the warung of the Indo-Unins Steam Yokohama Tomigny Board of
We in B.N.B. rely entirely on this lipe for not so unfavourable as Mr. Braka Aur East Indian islands for over you years, but ship Navigation; Co with Hongkong, and we say way Indicaça) that the there are only 76,000 Hollanders there. We have cause to be grateful to the N.BIM and American and a me hare poissired Formana enly's liitto over as their manwing agents Maura Bay, MoKE MON Fyear, but there are already, more than fro,000 Co; for providing sock excellent steamers and asurance astarpei spaces in the inland excluding soldiers, so regular and convenient a servics E, N. 2. lng Its operations Eren if we take into scoount the dificulties of 1
918 $7,733 47.
57,133-47
57.239.47
BALANCE SHEET at 10TH JUNE, 1909. Dr. Liabilities, Capital
1,300 shares of Sto each fully paid
Sundry Creditor
On General account......5,£8.00 Loans «««>......................................... *,350.00 Reserve account, as per last
Balance sheet Transferred. to Profit and
Los account per contra 9,000.00
Sundary Debtors......
Cr Asocio,
9,000.00
$13,000,00
6,308.00
OPIUM SMOQGLING,
CHINAMAN FINED IN MANILA.
"
$18,308.00 rubber tube into one of the cans atid plogging
Lear bad debts written off 737-75-$4,26241 Stock-valued at.............................. 915,at Faraltars, Fixtures and Fittings....
As par last balance sheet Spaa65. Les depreciation / 122,84 383,81
Additions during the 18
mouths disemaltarom 4,339,19 1,799,00
POSTRUMOUS HÖNOUR,
14
Paking, asid December
op the inserted and had placed a very small amount of opium in it. When the Chino dug into the tube ha brought up a small amount of the dope and pronounced it fine HeH.E YORD-Shu-kinen Vicary to Oakton, willingly paid over the money and Mendoza has memorialized the Central Government to found by Ister investigation that Mendosa Chung-1, Brigade-General of Kiangchis, departed for the secret service bureau. It was grant posthumous honour to the late Hoang also had sold a large box supposedly containing Kwangse AnyImperial Rescript has been opiam but which really contained sticks and lassed for the sanction of his memorial can stones, alc. He has two accomplices who willThe sald Viceroy also prayed that Lo Pao probably be taken to-day, memangkokeet slin, a well known marchant in Canton, may The Obiso ta bemoaning his fate for having ba sawarded for contributing a large sum of ho.oplum and being out F600 Indore from money towards thugzuvanleer: The Board. a charge of two which his cleverness has placed concumed has been ordered to consider the kim liable to:
OPPORTUNITIES FOR JAPAN.
The irregularity has caused some of us little inconvenience and we are glad to see that during December the usual dates will be followed.
Yokohama and Kube cannot of course fall, to This displacement from the markets, of affect the business of European merchants residing in the foreign concessions at our post. The figure of their trade is declining, more and more and, apart from those Europasa business, houses whose establishment dates, It is only, during the last few years that we from the opening of the poit" and "- which and sailings of steamers for Singapore. When secondary position have been obliged to have been accustomed to the regular arrivals have in hand solid connections, those la the N. D. L. first bought the steamers on the close tholt business, and thair bands are Borces branch the ships left much to be desir returning to Europa, for to-day nearly, all ed both in comfort and regularity. As recest Japanese transact their business directly in ly as January 1903 an ode was published in merchants and manufacturers in Europe and of the mails and, in publishing this, the Editor the matter of export and import arada kare: these colomss dealing with irregular arrivals. America. Our knowledge and experience id noted as follows
irade in Japanese silk at the present time in gate strongly developed, during the past twenty
years. In the first place, four-diths of our exporter
fabrics and various other Japanese artica so are done through the hands of Japabase; silk directly exported, in large part, by our mativn
his our forelge trade is expande While day, the proportion of business transacted by creasing, and it la predicted that in ten yea from now a striking transformation will be avem. Huropeans resident in the concessions in de
in our system of foreign trade-la other word the business transacted directly by the Japanɔës
established themselves among nu, themselves will become firmaly implanted, to the detriment of the European merchants who have.
Commenting on the "Above,
moed
say
A
It in