LECTURE" ON PORESTRY.

SOME HISTORICAL ASPECTS.

28th.ult. The following paper was read recently by Mr. R. H. Kotowall, of the Colonial Secretary's "office, before a large gathering, of Chinese in

THE HONGKONG TELEGRAPH FRIDAY MARCH

moved from the time of the acquisition of the Colony, cannot properly resline the vast changs. in the landscape that has been effected by the" green trees,

While the use of trees for giving bude to pedestrians has besa în vogue' from the time of the ancients, their utility for promoting salub- rity of the climate does not seem to be even

plantations extensively, on scientific principles Great care should be taken to protect existing forests from fire and from wastelul lumbering,

There are two kinds of

[\\ FOREST-FIREN

One, called Crown-fire, consumes all the loaves and branches on the treas; the other, which destroys all vegetation on the forest

now many small treas where ware there large ones before the date of the wholesale destruction. The Government of Hongkong has during savural yanin past planted pine-trees for this pur- pose of revenus. Wood is the principal fool used by the Chinese in this Colony, and at present much of it is imported from the West and East Rivers, from

Ying

Tak on the North River,

14 1910

BUTLER WRIGHT CASE

CLAIM BY THE CANTON VICEROY," On the 21st February, before Sir Havilland de Saumarez, Judge, at Shanghai, the case Yarn Shu-bsup, Governor-General of the Llangwang, V AWilliam

The plaintiff's claim is for money received by the defendant as the plain off's agent for the use of the plaadid. The following particolara

IHK CHINA FIRE INSURANOZ

CO., LTD

ANNUAL REPORT.

The report for presentation to the nkara:

bebeld at the company's officer än Thursday, the 10th March, at 12 o'clock, moon, 184,28

follows:

*The directors have now, the plansues to yobi.

now well understood in China. In a forest foor, is the more dreadful, Farost firma may be f from Pakhol, San On-and adjoining districts in commenced, Batler-Wright was ⠀ holders at the forty-first ordinary, mosting.to: Hongkong, The lecture was delivered original. | young trees would spring up spontaneously caused by the spontaneous combustion of trees Kwong- Tang or from Sandakan. The best in a thunderstorm, or by accidents, or by incon-wood-fuel is that from the West and East diasism committed by persons, through spits. Rivers. Its heating power is the highest, and The first rarely happens; the second frequently by reason of te being ready for immediate use To prevent forest ares, falled treas should not it is in great demand at the Chinese shops, be allowed to dry or rot on the forest-floor,

THE HONGKONG WOOD

Mr. Ketewall saya;—

into zones and has since been rendered Into English, for publication, by the author. Of the five principal sources of an'ural wealth climate, soil, waterways, minerals and forests the last are not certainly the art Important. Insalubrious climate, unproducive soil, or refractory waterways may, mora-or less, | be improved by forests; bút a country, if destitule of trees, will not thrive, howover rich It may be

|

gas exhaled by men and beasts, and give out oxygen which men and beasts brèsike in, «lo this way plants are always porifying the air rendered impure by animals-a process which sustains life in this world.

were endorsed on the writi—

mit their annual report and statement of the Zept. 14, 1908–Taamount received...35: 5,000.00 | company's accounts made up to, srst Decem Dec. 10, 1900—To amount received... 13,000.00...bur-{ast.. Feb. 1, 1900-To amount received... 4,000.00 1908-The balance at Nov. 35, 1907 to Aug. 31, 1909 To

"credit of working ac- Amount received between these dates aimundas

Total

and $yoo for costs.

52,624.42

**** 74,024.42·

Mr. G. H. Wright appeared for the plaintiff, and Mr. J. G. E. Douglas for the defendant.

Mr.. Douglas submitted the followlog affidavit:

under the shelter of the long grass, and would eventually form a thick brushwood which, by excluding the sun from the scil, would material. ly increase the fertility of the ground, and by. its influence on the air would render the place more cool and healthy, and divest the climate fire should be carefully handled, and fire-barla.cheaper than the imported products owing of a place like Hongkong of a portion of that

riers constructed. A Bre-banier is a strip of oppressive boat so trying to people accustomed

land.in forest, cleared of all vegatalion, to to its moisture, it being put on the market only one or two weeks after falling. It is sstimated to a more moderate.cilmate. Trees and plants, too, bålp to purify the air, The green leaves Prevent the spread of fire. It should be of such that the heating power of the fuel in this `staga a, width as to prevent a fire on one side of it of seasoning is only seven-tenths of that of In the primeval dayı when our forefath in the daylight absorb the carbonic acid. loaping across and destroying the vagetation timber from the East and West-Rivers--If,-i

on the other; consequently its width dependshowera, its volatile, constituents have upon the vegetation through which it passes been expelled to the same degree as thin, Some also advocate the removal of fallen latter, its heating power is about the same. leaves, twigs, olc., from this forest-floor; but, Hitherto the contracts for the purchase of Gov besides the impracticability of this in a large arment timber, have, beca in the hands of forest, experts consider it a mistake to do wo as the leaves form the bumus, and provide food small dealers who find it necessary to dispose William Butler Wright, formerly of Cap ton in the Empire of China, now in Victoria of the wood as soon after felling as possible la for the trees.

order that they may obtain funds to meet the Gabi, in the Colony of Hongkong, Accountant, placing the wood on the market in a moist state expenses incurred. Owing to this method of do hereby make oath and say as follows: the demand for the local product fails much short of what our forests can supply. If some men of capital would make a careful study of the subject, and thee secure a contract large enough to be worth their while, there i co doubt that the venture would prova to be remunerative to both themselves and the Government. Thus, besides being beneficial in other respects, the local forests would rapidly become an important source of revenue,

made their homes in caves and forests, almost the whole surface of the land was covered by treas and other vegetation. Gradually mea clear- ed the forents for agriculture, for fuel and for the erection of houses. Forest being then ubun- dant, and the demand made upon them unre- stricted, their destruction'wan Carried cut wan tonly and ruthlessly,, 10, much so that a whole forest was sometimes burned out, for the pur- posa of driving away a few wild bóns, or for small piece of building-ground, to save the trouble of cut ing down the trees oo it.

·Abundance of an article lowers its value;

scarcity enhances it. As the population aux mented, and as civilisation advanced, the de mand for wood' considerably increased. But many of the natural forest areas, once so pleati- ful, had been turned into fields, hamlets or Waster And than, through sheer accessity, began the cultivation of trees.

To order properly to understand the other benefits which forests.confer on mankind, it is necessary to study the component parts of a „forest. În entering a forest, the first things one notices are the tres-trunks; the tree tops called, by reason of its shapo, the forest crawa and the forest floor. formed of fallen leaves and, branches and diber vegetable growths,

From the tres-trucks wood

with which we build couse, bipis obtained with cook our food, make furniture, matches and all the other articles which our present mode of | living cannot do without. From rome trens wo

cbtain oil or tar; from some, barks or resin;inds are planted and from some, fruits or suns, Were there no trees we would have to live as our fore-fathers did in the pristish days, residing in caves and eating our food uncooked. From

THE PECUNIARY POINT OF VIEW

How's forest should be protected and man- aged only an export can advise. But it may not be amiss to give a few broad principles usually observed to a well-regulated forest. Only frees attaining a certain diameter or age are felled, no free being allowed to die or decay on its stool, and the trees to ba chi must first be marked by direction of an expert. Along with trees which are destined mor! permanently to occupy the ground, trong of other as "nurses, to be gradually removed as the plantation advances in growth. Great attention is paid to the ad- In the olden days arboriculture was practised

aptation of trees to climate and soil, and great to some extent, but chify los decorative

attention, is also paid to drainage, wherever 'purposes, or for forming public walks in the

necessary. Lumbering is so carried out as to suburbs. Plantations for timber and fuel began in Bogland in the 16th century; and in the alone, trees are esscatial to a country. In leave a sufficient number of old trees to protect America there are at least 1,000,000 per- young growths, and to ensure a constant sup- succeeding century the great demand for oak for the building of ships and houses gave a

sons who depend for their livelihood upes ply, all vacancies are filled up by either direct its forests, the products of which are -válu sowing of seeds, as is usually done on the con. new impulse to tree-planting. The first exten. aive plantafions were made in Scotland in the ed at about $1,100,000,000; and its tum-tinent of Euraps, or by trees raised from seed greatest in the in a nursery, as is the general practice in Great beginning of the 18th century, and in Ireland bar industry-the fourth towards the end of that century. Since than cer. country-pays $100,000,000 a year in, wagos..] Britain, taie-part-of-Scotland, which bad once been bar. The forests in ludia, so well managed by the ren and cheerless, become fende and beauti. Government, yield so annust revenue of about ful. To-day so woll have the countries is Europe $5,500,000 while the proft to the state of Ger and America sealised the immense benefit many from the same source of undertaking it derivable from forests that forestry forma an about $19,000,000 a year. This shows the important part of their administration, Schools Principal functions of the tree trunks. What, of Forestry bave been opened; journals in then, are the functions performed by the stituted for the promulgation of all dis-forest-crown' and 'forest-floor' in the econo coveries in that branch of study; experi mic development of a country? Though the mental gardens established for testing the good we get from them is not easily visible, it adaptability of the various species of plants is bevertheless as great as, if not greater than. to climate and soil; and specialists appointed the benefit we receive from the tree-trunks, for the control of gardens and forests. The Crown foor and the roots of the It is in Germany that the management of

trees conjointly act in such a way that when rain' falls most of it is held in the place whore forest ba been most systematically and acicctifically conducted. As for back as the 5th century forestry Trceived attention in that

country, Roman works on the subject were translated, and their instruction, catelully test ed; and in the 18th century exports" wrote treatises on agriculture and affarestatin-a de partment of activity in which the Germans have ever since retained the lead...

H IN SEVERAL EUROPEAN COUNTRIES the percentage of land under forest is very high, varying from 30 per cent, to 45 per cent, The forest area owned by the Government. of Great Britain is small when compared with state-owbed woodland in several countriga in the continent. The Government of Spain owns about 84% of the forests of that country,

The reason why all the countries in Europe and America have planted so extensively, and pald so much attention to trees is because the good to be gained, directly and indirectly, from forests is incalculable. Trees not only beautify the country, but give shade to thoroughfares, yield-a-considerable income, improve the climate and soil, conserve the water supply, purify the air, and prevent floods, drought and landslips.

,,

it falls The crown catches the rain and permits it to drop gently on the floor; the water then sinks into the vegetable bamut formed on the 'fisor,' and is held in it as in s.reservoir, to appear much later in springs and streams, thus ensuring a constant flow in aặt seasons. For this reason streams in a forest district do not appreciably increase in volume after a raip, whereas those in a barres district flow in torrents. This satural conservancy of water is the means of preventing drought.

It has been ascertained that water runs off & bare slope at least twenty times as fast as it rugs off a forested slope, and that it carries away over 8,000 times as much soil. This not only renders streams very irregular, but also in beavy rain brings on an overflow. in the rivers adjoining, often buisting embankments and resulting in floods." It can thus be seen that such disasters can be avoided by a judicions planting of trees.

LANDSLIPS

can also be more or less prevented by trees and other plants whose roots bind together the oil, and prevent it from being washed away

by rain,

That forests exercise a beneficial influence on agriculture was recognised by China as early as the beginning of the Chow Dynasty, There was a law requiring the planting of mulberry trees on the sides of each plot of

IMPORTANCE OF FORESTE

A CASUS DELLÍ. Before we proceed to amplify these points it may not be out of place here to mention a re- cent case in which forests played a large part To precipitating, if not actually canalos, a war is-cultivated grund, so that the leaves might feed the Far East, Everybody knows that one of the silk-worms, and the roots of the trees might the paswa beils of the devastating war between by the procen already described, conserve Russia and Japan was the occupation of rain water to feed the soil. Unfortunately this Manchuria by Russia, but very few know what beneficent law fell into neglect in the long prevented its evacuating when matters were

period of strife bat followed, and its object was brought to a bead. The circumstances are eventually lost sight of Not only through clastly parrated in an editorial note which the soil can the condition of agriculture appears in McClure's Magazice of September, be improved by trees, Pleated judiciously, 1908, and which forms Appendix to Kurapat: trees can proiect the cultivated land from kin's book The Rai in Army and the Japanese the heat of the sun and the force of strong wind War. Here is an extract from this interesting, and run prevent sand and small stones from Note: "Ja ihe year trgå, a Vladivostok | being washed into the fertile land below. ..mercbant.

obtained from the All those, then, show the great' Korean Goverment, upoo extremely favourable terms, a concession for a timber company that should have Authority to exploit to mankind, Yot, essential as they are to the the great forest wealth of the upper very being of a country, forestry in China is not Yalu River,

1902 he sold given that attention which it deserver. The bis concession to Alexander Mikhailovitch destruction of forests in this country has been Bezobstoff. ...who was high in the carried out on a scale moequalled in other favour of some of the grand Dukes in St. Peters countries. Beyond what was essential for the burg.

It is currently reported in St. requirements of a large population which is Petersburg that the Emperor and Empress, rapidly augmenting, there has been a ruthless destruction of those beautiful woods so Dowager together put into the enterprise

Bezo aptly called the buildings of God, with several million roubles,

out any one lifting: a finger to arrest the progres of this spoliation. Some people too late, that evidently believed, until their forests were inexhaustible, while others laboured under the erroneous idea that e-planting could easily be effected after de forestation. It is due to this pitiful ignorance of arboriculture, that what were once fine for- ested lands are now barren wittes. Not only bas the country become poorer. for the want of forests, but foods and water-famine have be come very frequent.

易益

lo

In certain, districts through which the Yangtze River passes, drought and flood occur alternately, for in the wet season the water rises abnormally, and in the dry season it rass so low as to render navigation difficult.

IN SHANS PROVINCE

¦

FORZET GUARDS

2

|

|

1. i am the defendant in this action. 2. I deny that I ever received any moules whatever as the agent of the plaintiff or for the use of the plaintiff, and I say that I am not to. debted to the plaintiff in any sum whatever,

3. In or about the mouth of Decembar, 1907 | a Director-General of the Canton-Kowloon Railway was appointed in Peking, named Liang Shi-szi, and i have myself in my capacity as Accountant to the Railway, paid this official a monthly salary of Tls. 2,000 since such date.

4. verily believe that I have a good defence Mr. Douglas said that he appeated to ask for leave to defend the accused. Counsel submit ted that the action had been quite improperly brought into that Court. The defendant was could have been brought in Hongkong. He In gaol at Hongkong, and, therefore, action

admitted that there had been substituted, war vice both ways-one on, the defendant, and one on the auctioneer who had attempted to assist the defendant and everybody connected with the latter.

for nothing else, Obing should adopt an onto this actio

For the supply of fuel and timber alone, if lightened system of forestryer Press, haphazard method of dealing with her woods, it continued, will sooner or later lead to total defprestation. According to the Returns of Trade issued by the Chinese Customs for 1908

THE VALUE OF TIMBER,

imported into Chion in that year amounted to Tacle 6,429,146. With the development of railways and mines the demand for such material will considerably increase.. Apart from this consideration, the soil is getting poorer and poorer by reason of sand and stones baing washed over it; almost annually flood and drought catry off as enormous number of ber people, and as often millions of taels are spect to repair damage caused by floods, to relieve the sufferers and to dredge the rivers. Every man or every dollar so lost is badly needed by China to-day. No doubt a consider

are also employed for the prevention of theft and malicious destruction of trees. There exists in Hongkong. an efficient staff of such guards: thers is also extant here a law where be a special rate can be levied by order of the Governor-in-Council on any village in whose neighbourhood trees belonging to Government have been extensively cut or damaged, if the Government le satisfied that the injury was committed by the inhabitants of such village. This rate is to be withdrawn when the damage bas ceased, or when evidence bas been pro-able number of years must elapse before any 'duced to prove that it was not committed by the inhabitants of such village. It is only by such careful means of protecting and pro serving its forests that a country can hope to be free from the evils usually attending on deforestation.

LOST TO CHINA

13

PECUNIARY RETURK

is derived from a plantation, but a beginning most be made, and the sooner it is made the better it will be for Chins. Some men on being asked why they allow their lands to remain fallow, or why they prefer agriculture After a forest has been destroyed especial to tree-planting, Leswer with the hackneyed ly by fire, re-afforestation difficult. Chiesa phris-"Man grow trees; the next The surface of the ground becomes hard generation gathers the fruits." A selfish viaw and 'dry; and rain water, instead of boiugned a short-sighted. Contrast this with the absorbed into the ground, runs off its surface, noble sentiment expressed, in reference to carrying with it large quantities of soil. The planting and pruning of trees, by Sir Walter replated young trees cannot live, not only Scott, the creator of so many imperishable because, they need the protection of forent characters in the realms of imaginary Iftera cover, but because their roots are exposed to ture. There is," he said, "a sort of sell- the sun and wind by the erosion of the soil. congratulation, Ittle tickling self-Battery, The amount of fertile soil thus

in the idea that while you are pleasing, and amusing yourself, you are seriously contributing to the future welfare of the conntry...". Would that every one had the same lofty conception of his duty to the state as the sunny-patured, large-hearted man! If this generation will not labour. for the benefit of the next, and if the next generation will not labour for its next, that lo forestry, as in everything else, China will never prosper, For this reason it is better that forests should be in the bands of the state, Though trees seldom yield a direct monetary return to the persons who actually, plant them, yet the indirect benefits they bestow do not take long to become apparent, such for instance are the improvement of climate and soil, and con serve To make provision for a year, grow of water. Very wiss is the Chiness saying" com for ten years, grow trees". And wiser still is this paying of Mancias: "Go into the woods with the axe and till is proper season, and the timber supply will be inexhaustible" If China would now realize the gravity of ber position in this matter, and embark on re. afforestation without further delay; it, in this regeneration of her forests, sbs would adopt the best of all the systems in vogne in Europe and America; if, in the conduct

every scar is contmans. If this waste continues, China will in time become a colossal wilder pess. This is an exaggeration of language; as a striking example can be found in Bokbura, About thirty years ago this khanate' was one of the most fertila regians of Central Asis, wall' wonded and well watered. Unfortunately all it great forests have either been cleared by its inhabitants or destroyed by fire within the last twenty-five years, with the consequence that all its waterways bave dried up, and its rich soil has been covered by moving sands, which are no langer restrained by barriers of forests, To-day this country is a kind of arid desert. China should profit by this sad example, and by the warnice of Professor Chamberlin who in speaking of the loss of good soil in the United States of America, says: "When our soils are gone, we, too, must go, unless some way is found to feed on raw rack Ds its equivalent","

Some people are deluded by the notion that if a soil is good for plantation it must be equally suitable for farming which gives a quicker return for their money and labour. Conse: quently they cut down all trees and convert forests into farms. Sometimes the soil proves

THE KIDNAPPING CORSE,

His Lordship You might have applied to have the service set aside.

Mr. Douglas said that if there were good grounds he was entitled to delend. Dicey was very clear on the rule.

His Lordship to Mr. Douglas-You have sworn that you have got a good defence. 1do not quite understand what you mean in para graphs of the affidavit.

Mr. Douglas said that by the Loan agre: ment, as soon as a Director General waI appointed all the powers invested in the Viceroy bad to be invested in the Director General,

His Lordahlp wanted to know where Mr. Douglas got his information from.

Mr. Douglas bad been reading from a book entitled "Rallway Enterprise in China" by P. H. Kent. He replied that he could not prove the book, but the Loan Agreement was a State document, which he could refer to as a Treaty,

Mr, Wright-My friend is raising objections: that he cagnot sustain.

His Lordship He is entitled to file a defence.

Mr. Wright-A technical objection in not a defence.

His Lordship-It is not a technical objection. Ho denies that he ever received the money.

Mr. Wright said that the action was ibres. months old. Any objection should be brought at the earliest possible date.

His Lordship-The return day,.. Mr. Wright--No.

His Lordibip-It cannot be brought before the return day,

Mr. Wright quoted the White Book, and sald that Mr. Douglas must show that he had a proper defence. He must not discuss tech- nical objections. The third paragraph was nothing. On the question of whether the plain- tiff was or was not the right person, Mr. Wright sald that he would like to address his Lordship. His Lordship said that the proper course was could raise all questions on the matter that he to have the defence drawn up, and then counsel

wished.

|

count as per last report Waipuarium.5175,345.77. Add premis since re

ceived ... 69,355.50

Deduct claims paid in

1909 jaunietenencari kizard $135,050.78 Dedact retura pramla,

atc, etc.

Balance of profit

.... :33,387176

168,447-54

·5276,249-75°

"It is proposed to apportion this, sums,na foly townym Dividend of $6 and bonus of $a per

share do 20,000 sharesia » V $160,000.00

will then stand at $550,548,02... 111,679.91 To add to extra raservs fund, which

Bonus to office staff.

4.569.83

$276,249-75

1909-The balance at credit of working ac count at the close of this year was. 54.3,406.93. DIRECTORS,

Massts, G. Friesland, H.-W. Slads and W. Helma realgued their seats on leaving the Colony and Mossra, J, W. Bandow, G. Balloch and F. Lieb were appointed to all the vacancies. Thess appointments require the confirmation Massit. Showan and Slabs retire by rotation, of shareholders.

and, being aligible, offer themselves for re election.

it.

AUDITORI. Mosers, W. Hatton Potts and A. R. Lawi have audited the annexed-accounts.....

...and...ofar. themselves for re-alaction.

R. SHEWAN,

Chairman, WORKING ACCOUNT, IET JANUARY TO 31ST DECEMBER 1909..

Dr.

·To Charges Account *-*

surveyors'. faen, ******

Rant, salacios, legal and Taxes, stamps, stationery Directors and auditors

fear..

7,400.00

To Commission Account:- Agents' commissions

urance

47.795.98

83.755.47

To Losses Account 1909;-- Claims after deduction of te-in-

**** 114,120.17 To Amount written off-

123,00 Forslture account.....................

To Balance........ää 438,405,93

Dr.

By Premium Accunt ;-

Premium after deduction of re-

$684,304.55

- Insurances ikäistä KAY 552,557.03 By Interest Accoust

Amount at credit including. In.

erest dus on Deposits and In- vestments, &c.

161,499.58

By Transfer fee Account:

Amount at credit cumfiicmannen

110.96

Difference in exchange ...............PIN $6.98 By Exchange Account

$68,204.55

BALANCE SHEET, JIST DECEMBER, 1909. Liabilities

Capital $ 400,008.00 Extra Reserve Fund

han 1,000,000.00 Reserve Fund

550,348.08. 61,167.79

Mr. Wright said that the Court bad already accepted jurisdiction by order dated November last on proper affidavits,

His Lordship said that that was nothing. been given, and after. Judgments_had wards it was found that the Court, had no jurisdiction. In the Maori Kivg caso, judgment was given and then it was held that The Court could there was no jurisdiction.

His Lordship ordered that the defence be filed within ten days.

Mr. Wright said that there was a witness who wished to leave the jurisdiction of the Court on Saturday next, and he would like his evidence to be taken da dene BEAN,

His Lordship said that if this matter could not be arranged, then a summons must be taken out.-N. C. D. News,

in be totally unsuitable for agriculture. But of her woods, she would act on the golden ruls not give Itself jurisdiction. There wAI DO TEL even if it is suitably, the result is invariably laid down by Mencias-then before long many son why defence should not be filed at once.

Mr. Douglas said that he had all the papers, disastrous. The fields lack the protection of ills from which she is suffering would disap-

and he could file a defence within a reasonable trees from sun and wind, erosion le caused pear; bar lands, now barren, would again wear by rain, and corn-patches on low levels the glorious aspect of the past; her soil would time, It was his opinion that the case should are covered by soil washed down from be richar; employment would be given to thou-be referred to arbitration at Hongkong. above. In a short time the farm land must needs sands of people whors existence is at present bs abandoned, while other harmful results be precarious; and a considerable profit would come apparent, This has happened in America, accrue to the state. Then, and not till then, and must bave happened in most other conn-will be the dawn of China's economical great tries. Bat all great nations, except China, have ness. realised these great evils, and have taken measures to remedy them, Besides the careful preservation of what they have, they take great care to make good what they have lost. Natur- al forests, of which there still remein many in France, Germany and other parts of Europe, ata carefully managed; and barren bills and plains, such as the great sindy tracts on the coasts of Pomerania and France, have been covered with wood, this has been accomplished on à scale of extraordinary magnitude in the downs of drifting sands, between the rivers Adour and Gironde-an ondertaking that was par baps the most important work of afforestation that has ever been performed in the world. From this it will be seen that land which is incapable of producing any other crop will very often produce trees.

THE WASTE OF NATURAL WEALTH

WHAT ARE THE AUTHORITIES DOING?.

HONGKONG ragazta.

The following are the entries for the above regatta, which will take place on the 12th fast

Junior Fours:

Carroll's crew. Barros' crew. 2.-Naval Gige and Cutters:

Post Entries. 3.--Senior Pairs:

Canton,

V. RIC.

Royal Yacht Club,

4-The Nathan Challenge Cup:

Volunteers,

Civil Service.

H.M.9. Bedford, H.M.S. Kent,

5.-The Brown Challenge Cup

R. E

Bufa

Investment Fluctuation Account

Accounts Payabldum. Dividend for 1908..... $160,000.c0 Lomes outstanding and,

sundries.......... 99,605.19

Working Account, 1909 :— Balance at credit .....................

259,503.19

438,406.98

$2,709,597.91

ASSETS. Cash at Bankers..........$ 110,211.79

Fixed Deposits at Banks !-- Hongkong & Shang-

30,000.00

60,000.00

75,000.00

bal Banking Gorporation 164,161.80 Chartered Bank of

I.A. and C...... Mercantile Bank of India, Ltd....... International Bank- lag Corporation

lavasiment :- Chiness Imperial Government E. Boods............. Hongkong Club Da Hongkong Hotel Co., . Ltd.,debentures Shangbal Land In-

vestment

bantaresmina se

Shanghai Water

works Co., Ld, debentures organ

$5,216.59

24,200.0HD

.339,162,50

50,00LLDO

Ob.i

Ltd, debentures

49,877.40

8,473.21

6,526.02

415,430,00

609,782.83

Shanghai Club de

bestures. Shares la public

стравія

Loans on Mortgage:—

Os properties "Ic

*Hongkong .........$ 1,369,385.10

On properties lo Sha

baroff's 'company, in fact, seems to have con sisted of the Tsar, the Grand Dukes, certain favoured noblemen of the Court Viceroy Alexeieff probably and the Empress Dowager possibly..

Despite the utmost rigidity exercised when ...Gaueral Kuropatkin says that the Russian evacuation of the province

a systematic traffic in children, the crime of of Mukden Was suddenly stopped by

dealing with the class of people who carry on order of Admiral' Alexcief whole

kidnapping seems to be on the increase day reasons for taking such action have not

by day. From animpeachable sources Wo to this day been sufficiently cleared up' ... Bezpbaroff who bad been several months

learn that a few days ago an Indian child aged six years disappeared from the home of its in the Far East started for St. Petersburg with

parents and as it is feared that the child has the evident intention of ancing the Tear and

faller into the clutches of one of these mer- persuading him to order, definitely, a suspen

ciless and unscrupulous men, the parents are greatly agitated over their misfortune. sion of the évacuation of the province of Mak- don, for the reason that it would in cifably

Besides the above incident, the news has been. bruited about that not many days ago; a Chi- result in the liquidation of the affairs of the

such as water, soil, forests and coal, in the nese infant was picked up on the roadway by timber company! It is more than

United States arrested the attention. of Pre: contain member of the nefarious gang, placed likely that Nicholas It did wish to avoid war- If he could do so without impairing the family which forms part of the watershed of the Yellow sident Roosevelt who in sgàß fuaugurated in a ricksha and taken on board a Canton- River floods occur almost every year, destroy-policy of conservation of those fondamental bound steamer, doubtless to be sold in the favestment in the Korean timber company."

Unfortunately His Imperial Majesty ing life and property wherever they reach. resources. "It is ominously evident," said he, neighbouring city. Probably the Police at the could not do so without sacrificing this family Moreover the fande cover large araas with sand "that our natural resources are in the course of time of writing have brought the criminst to which, blown by the wind, scatters and destroys rapid exhaustion...... We began with an unp bock but what has transpired in the first investment, and so hostilitics ensued.

caso we have not, the slightest notion. further areas of fertile land as it spreads. Onproached heritage of forests; more than half the what had been bera cited is tras, comment on the conduct of those in high place la St the Wu-tal-than, a mountain in Shansi, the timber is gone... Our natural, waterways That such a state of affairs should exist slopes are terraced lo order to keep the are not gone, but they have been so injured by in a British Colony, is hard to believe. Petersburg is opnecessary. This revelation

noil in place. At has brought to light the diametrical opposite

this neglect that there is loss navigation on them but the fact remains that the Police are views taken by two monarchs in regard to mountain large plain which is en- now than there was fifty years ago. Floally apparently unable to cope with the evil, for

we began with soils of unexampled fertility and forests. On the one hand wo see the Emperor tirely covered by water, whenever the Yellow

what reasons it is not our province to inquire. of Korea granting away to an alien, without River overflows. Upon this plain ORGY we hava so impoverished them by injudicious The question which suggests itualf is, therefore, perhaps & pang of remorse (for ignorance is depend for their very existence. When the use, and by failing to check erosion, that their "Da the Palice provide sufficient protection?" bliss) the very life-blood, as it were, of bit water recedes they resume farming, though crop producing power is diminishing instead of Eithatthe Police Force is hopelessly inadequate country or the other hand we are told that the knowing that the next food will completely increasing" If this loss gave cause of anxiety or there is gross negligence of duty. We do mighty Tsar of Russia was prepared to sacrifice sweep their finida away. Yet, they must do to the Administration of the States,' a land of not for a moment hold the latter view and thousands of the lives of bin subjects for the their best with their little plots of land on the pleats, how much more saxiety should the this theory being eliminated, the root of want of forests cause to China whose mountains | the whole trouble is at once made apparent. potential profits to himself which these forarts principle of" Drink and be merry, for to-morrow

It is hardly fair for hamh critics to reat contained. So much for the political role play we die. How hard is the lot of thess poor are, as a Chinese writer has it, like 'the heads

of little boys'-shaved and shorn.

the air with cries of "Where are the ed by Korean timber. Now, let us endeavour honest people! It behoves the Government to to deal more minutely with the economical, devise the best means of saving them from

When or shortly befors

Police?"

as the Force, handicapped as they

VA Are broke out in the No, a hold of the hygienic and artimie valus al forests in general. bese periodical visitations. Terracing the hill

are with insufficiency of man, have already M. Värnet; a chemist attached to the Pasteur For the scenic elects of jadicions planting sides is not the remedy, por avea dredging of ware added to Hoogkong in 1890, treas ware worked wonders, We would venture to suggest lastitate at Nhatrang in Indo-Chius, is coming Lightning in barbouryssterday. With the she ons need not go beyond this Colony. When rivers, 1s the control of the rainfall the best, cut down wholesale by the natives in fear of that the powers that be provide the proper out to the F. M. 3., Java, and Ceylon,onance of the Captain and officers the ou Hongkong was taken over by Great Britain, artläcial contrivances are but a faphie aid to expropriation. It has been calculated ibat: quota of men to sach district in order to enable special mission to inquire into the cultivation was extinguished before 'barely 60 years ago, it was a raggad mountain nature which has designed the forests for this | as many is 8,000,000. large- trees were so das chum, to effectually copa, with an evil, which of Heven rubber. These researches will be damage wandong, to the ch sidge, blank and barren, with few indigenous important function. The best and the only troyed. But when confidence was re-established threatens, to assume serious proportions and pursued for the benefit of the planting commiscellaneous character.":"All the cargo trous || to-day. It is one of the most beautiful way therefore 'is' to husband all the faw trasa by the wise rule of the new Goverment, the which if allowed to follow its own course must munity in Indo-China M, Varnet ezpacts, to covered by lamtrance,, Te, in ballernd spots in the world. We, who are un'ficʻre« | that there may will be the to form fresh, people commenced to replant, and shoes men ; auruly be a blot to the faặt name of the Golsky. - be la chose parte this mouth.

the

foot .of

HON THE NEW TERRITORIES

87th Co., R.GA. (1), Byth Co. RG.A. (2). 6.- Officers Gigs and Whalers a

Post Entries, 7-Hongkong Challenge Cop:

8-Men-of-War Cultors:

Post Entries Griffin Fours 1 Jo-Jualor Pairs:

Canton

V.R.O, (1)—Carroll. V.R.O. (2)-EarTOR,

meon, Canton...

150,000.00

• Forniture Account :-- Office furniture, &c. in Accounts Receivable :-). Premia 'dud from agencies, 'In- terest das on disposite and. investments, doc,

130,584.41

2,709,$27.95

'PIRE' ON 8.3, " LIOFINING"

LITTLE DAMAGE TOʻ CARGO,

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