Canton Opium Monopoly.

CONSUL-GENERAL LODGES PROTEST,

NO INTERFERENCE, WITH BRITISH TRADE.

--

THE HONGKONG TELEGRAPH SATURDAY JULY 2 1910

A PENANG VIEW.

We told that " as a matter of fact Mr. Jamieson Informed a certain gentleman about koon on Monday that no change batever bad -occurred in the position and that he was silli, of the same mind noiwithstanding what the opium merchants had said about blm," We may perhaps be permitted to enlighten the author of the lines just quoted that the protast wax addressed to the Viceroy at Canton on the 35Th fost,, last Saturday, in spite of all that the "certain gentleman" had to say to the costnry; that the Government of the Colony has been Bib ult. medo acquainted with the terms of the protist: We, who have strenuously opposed the at-and that Hongkong merchants interested to titude, In the first instance, of the British opium have in turn been informed, through the Consul General at Canton towards the institu- proper channels, of the Consul's protest. tlon of the opism monopoly is that City on the 7th lost, desire to be ibe first to extend our congratulations to that official who now, in the light of lutor Information, scan aya to eye with the British merchants in Hongkong that their legitimate trade in opium, sa long as coo.

Is now telling us "We have not,”.it_mays, "i' ducted within the letter and spirit of Treaty sufficicacy of reliable information to justify us stipulations, must not be interfered wilk.

In saying whether the re-grant of the Canton We have correct information that H.B.Moplum monopoly is a breach of tranty" rights of Consul Gederal has, some time last week, not," and later on," If the grant of the Caston addressed an official communication to His Excellency Yaag Shu-hsut, in which be opium monopoly is contrary to treaties, it should bo resisted with the utmost vigout." As we set out fully the views of the British Govern understand it, the granting "of the monopoly is ment on this question, as transmitted, under sot objected to by anybody, unless, perhaps Instructions, from His Majesty's Charge by the anti-epium propte, who will recognise d'Affaires ai Paking, Mr. Max Maller,

therels an intimation that the import of the foreign drug is to be permitted for some tiņie to come yet, for no man would pay for a mono- poly if he had not some assurance of a susiglo.

any

UNEQUIVOCAL VIEW.

The Chinese Government is once and for all clearly to understand that the interpretation placed upon the Additional Articles to the Cha- loo Convention by our Midisters at the Foreign Office is that any impost levied on foreign opium la of the Treaty Ports, over and above the taxes authorised underths provisionsofthat Con- vention would be a breach of Treaty, That is the unequivocal view represented to the Pro vincial Authorities in the protesi prasented by the British representativa io the Southern capital.

Our own officials are in agreemizon with the Chipess contentida which urges their right to luvy taxation on opium consumed in the Interior; this they are within their right to do

so long as no differential treatment accorded to prejudice the foreign article. Bel raw opium sold for consumption in the Treaty Foris cappot, without an infrac tion of the Treaty, be subjected to any addition

al levy. This is"

A STRONG POINT

made by the British merchants in Hong kong in their

past campaign agalast the monopoly scheme la Canton and again at the present time. It is a matter for grailfication, that the commonSEOSE roading of the simple provisions embodied jo the Additious Articles has appealed to the legal minds of the law officers of the Grown who fall to admit the valighty of the astute interpretation the Chiness seal to apply, It would appair that, the driftsman of the monopolistic regulations defeated his own pur- pors when te ictroduced a clause providing for the "preparation " within three days of raw oplum purchased at Ganton. We believe that the Hongkong opium merchants have succeed. ad in securing!

י

DOCUMENTARY AVIDENCE

which has been utilized in support of local is. presentativos to show that, in, cffsch, such a condition of purchase bad actually been 'im. posed upon the buyer of the raw ding lo Canton, le a former, article wa instanced the difficulty British merchants had to contend with In obtaining such proof and wa 'then wrote lo* our ampla koowledge of the fids con- "nected with the granting of diff creath treat.

1

30th ult,

One of our Singapore contemporaries doen not understand the ins and out of the botter the Caston opium monopoly, of which Reuter

de tenute of it.

Tba

T

LEDBURY STATES.

if

BOARD'S POLICY::

A COMPETITION WITH INDIAN TRADE..

The following letter in regard to the naw "Japsusso" tariff'bu, been addressed' by Mr. Menmobandar Rumii, Chairman of the Bơm bay ladium Merchants! Chamber, to the Govenment of Bombay:-

getting the prices they were getting to do this BOUNTY-28) JAPANESE YARN. as für as could be considered fair.” It was their POSITION AND PROSPECTS OF THE COMPANY. the Work on the estates it was possible to do so policy while getting these good prices to do all

that when prices want down they would havn' little to do (Hear, hear. He could give no iden as to what the express would be this year. They would have a larger cop to divide it into, and he thought the expenditurs would be less next year, sad the year afor it would be very considerably less, but we would not liko to commit himself to what would actually happen. Mr. Rig said that, with regard to the first question that was asked about the calling up of more capital be as one of the original owouts waited for years for a return on his capital, when this was a private estato, and who had objected to soy further call unless the money was wanted, because it seemed, to him that it would be a disadvantage, rather than an ad it might reduce vantage, and instead of ingressing the dividend

The chairman said the board would take the matter into consideration.

forward.

*

די

The first annual general meeting of share. holdan of the Ledbury Rubber Estates, Limit. ad, was held in London, on May 30, Mr. An drow Heliwraith presiding. In the course of his remarks an reported in the Financier the the chairman said:-I think we may con graiulate` ourselves on the very soccessful year's operations. The success is due to two causes; firstly, the increased production over 1908; and, secondly, the exceptional prices obtained. The amount of rubber marketed has Increased from 289;6 lbs. in 1908 to 65,81 Iba for the year 1909 Prices for 1939 have been very satisfactory averaging 74 7d. par lb. sold our first shipment was 59.41d. per lb., and The price of fine bard Para on the day we

on the day the last of the crop was realised Para was sold at us. 6d. `per là. In looking back at the results of the working for the year The resolution was carried unaoimously. 1908 of the many bigh-class plonťalion rubber

The chairman: movadi That a dividend companies, and noting the expressions of at the rate of 17 per cent, less income tax, be opinion by the highest authorities in rubber, paid on the called up capital as on December ab one then could have foreseen or anticipated 9, 1900; that the sum of £1,700 be transferred the great increase in price that has taken 10 reserve account; that the sum of £inno be place. I was particularly struck at one, meetrassferred to employees' bonus fund, to be g when listening to the remake of one of deals with at the discretion of the directors; sum of £653 78. gd. be carried our greatest experts in the rubber market, Mt. And that Devitt. He stated that he had orders of planta- tion rubber for delivery or shipment up to the

BONUS FUND. end of og at gm 7d per lb. His views on the Mr. Barker explained that a scheme had future were at that time looked upon as some. been drawn up, under which such doms as what optimistic, but the result bas far eclipsed. (bey; might from time to time vote to the Q1JECTION OF THE INDIAN MERCHANTS, aven bis anticipations...

banus fand would be invested by trustees then, is not to the re-granting of the monopoly.

RUBBER PRICES

for the sole benefit of employees, in the first The word re-granting should be sufficient jo,

At the present time a shadow is over the instance, in taking up the 5,000 shares re- dication thút a minopoly is not an innovation, market, Whether we have reached the top when those were exhausted, in such securi- sarvad for allatment to employees' and The objections of which Reuter toffs must by lo

of the tren with 'regard to prices and are ob the new tariff of the monopolist, which, if as the downward course, he would be a wider the scheme provision was made for ties as the trtistaes might think fit Ua. high as Reuter motioned on the 10th instant,

man who could forecast. Rubber, like every osimely, $300 additional per chest, is distinctly other article that enters largely into our

an annual allowance after'to years' sory.cs,' and abreach of theOpium Convention and its subro-

manufactures, is antenable to ipficaces that increased allowance aftris years' service. quent memorandum, of basis of agreement. In operate when a price becomes abnormally, they asked them to grast 1,000, and for which He assured them that the scheme, in which tals memorandum, signed at Hongkong in 1856, high. Those infieuces will, sooner or later, they proposed to ask them anquilly to ganta it was agreed that opium "shall be free from all

turn the tide, and when that comes about we fartherimposts of every sort than the Tis, iro must be satisfied to see prices recede. The mill portion of their profits, was of infinite per picalfixadasthe rate. We calculate that each margin of profit op well-conducted plantations value to themselves in securing a loyal and, chest will contain about three-quarters of a will still be quite sufficient to justify us in contented staff picul," so it will be seen that, calling Tis. 110 looking forward to satisfactory resutis, Your to, the threatened increase works out roughly directors think that there is no need to look for at about $400 a picul, or about 170 per cent. anything in the nature of a slump la prices, t The chests average 40 balls, the balls 30 tabils, any rate for some time to come, but they ate of that in the additional Articles to the Cheloo all concerned-manufacturers and growers alike and 500 tabils make one picul. But we notice opinion that a Iswerleyel would be better for Convention, signed in 1886 in London, the leading to eliminate, or at least curtail, duty is calculated "par chest 100 catlles," the speculation which appears to have been Tis. 30 tariff, and not more tian Tis. Bo ascwash rampant of late. The profit and low transit tax (lekin),

An increase of two hundred per cent, is quite account shows a balance of £16,478 78. g. and this, I think, is most satisfactory. Refer ring shortly to the balance-shent and profit And loss account for the year's operation>: and their Hongkong agents. It is practically On the liability aids of the balance-sheet the a probibitive tariff, and would force most can share capital romains at £75,000, the suadiy amces to content themselves with the native creditors amount to 961 rgs, ad, and bill drug, which is dat so potent. The question payable to £2,000. We have not thought it now is whether was meant to be prohibitive, expedient during the first year to do more than four le bon motif, or otherwise. Router says get the estates is good order, by carefully the Chinese Foreign Office has promised the weeding, the construction of drains and reads, British Miglater to ask for an explanation, inaugurating a practical system of dealing with We believe in the sincerity of the high Chipants and diseases, nod the erection of coolie neis authoritiesin wanting to suppress the opium lines, elc. babit. We consider that their deeds have been as good as their words, so far. This Canton business, whatever its indirect effact might be,

'spñicient to explain the !

WORRY. OF THE INDIAN MERCHANTS,

would not be started with a view to pushing the sale of the dative stuff. In our time the aust-opium people had

PRACTICALLY CAPTURED CANTON, and though it is hard to guess how an opium

We have had to contend in practically all the estates with a scarcity of coolies for some part of the year, but, as the organisation ex

appointment of Mr. S. Leonard Husi as a director of the company te confirmed. He bad the services of dr. Hunt. were largely emirked hat during Mr. Barker's Abaco given towards the interests of the company, and with great advantage to it.

Tao resolution was carried onavimously. 'Sir Charlen Forrest' moved; →Thất - tha

Mr. T. Pears: I have very great p'èssure lo

seconding that resolution and in bearing ont all that has been said.

The resolution was carried deacimmaly.

On the motion of the chairman, * secooded by Mr. 5. Luot, Sir Charles Forrest was re-elected a director; and motion of Mr. H. Q. Kowls, seconded by Mr.T.H. Wilson, Messes. Fitzpatrick, Gisham, Greenwood and Co,cbar: tered accoudiants, were appointed auditors to the company at a remuneration of z‹ gulness.

The proceedings then terminated.

ROLVS BOAT AT KOWLOON.

THE "PERIBUSIM HUNGHOM DOCK.

ment to shippers of silk is Chinese bottoms by monopolist could be induced to threaten the bus nader the iopoved system of tapping of the Hongkong and Whampoa Dock Co.,

the Hoppa di Canton in the old days. This difficulty is fortunately overcome in the pre- ment instincs, since the native buyer has kim- self come to the assistance of the importers with the incontestable proof established by the receipt granted In reipect of a ball of raw oplum bought by a Čilnamin on the roth löst., three days after the coming into force of the restrictive regulations. We are subject to correction when state that the receipt has formed an saclosure in the Consul-General's despatch to the Viceroy of Qintan. In the pre- sence of such indisputable evidence it will be Interesting to follow the lios of argumeal that is certain to be advanced in rebuttal of the proof which admits of no denying,

THE HONGKONG GOVERNMENT, as previously stated, in these calumos, bas given the whole weight of its moral and prat- tical support the representations of the Chamber of Commerce is behalf of the opium merchants. While conforming to the lastruc tions of superior authority. la Peking, the Com sul-General in Canton is fortified in his present attitude by the position takeo up by His Ex- cellency the Officer Administering the Govern- ment who lends his unqualified support to the marchants' causO.

The sum total of the protest; which, it is trusted, will prove effective in removing, the restrictive regulations is that the Viceroy in re- quested to cause the immediato

:

ABROGATION OF THE REGULATIONS promulgated on the 71b June, 1910, since they are in contravention of the articles of the Che- foo Convention. Moreover, China had given har undertaking that, until the ten year for the extinction of the ppiumtradeexpire, British mer- chants were to enjoy the unrestricted right with- In Treaty limitations, to conduct that legitimate trade, and they accordingly have the right to expect that the privilego enjoyed by virtue of a solema compact, like a formal Treaty would be respected...

· EFFECT OF«T!¡E PROTEST. The imzodlaic effect of the protest, as soon as it was koown' in business circles this morn- ing, was once again to stimulate inquiries for the commodity, It will be remembned that business came to A complete standstill on the zih, jost, following the enforce- mant of the regulations. Today, however, Chinese dealers encouraged by the spaculative result of the British representation in Canton, hava once again made averteres for the pur chase of the drug, and we have the statement of one important authority that contracts were closed to-day for too chests at $1,899 to $1,895 per chest, The importance of the situation, can, therefore, best" be realised when we consider that a single day's transac tions involve a capital mm of botwaen four and five lakhs of dollars. ACCURACY OF THE "TELEGRAPH'S" REPORT,

32 -últ.

The fact of the docking of a Holt's

tended, the labour difficulte has gradually better emphasized that they were to-day when Industrial amenities in Hongkong were never lessoned. As you will see from the managers the great, big Blas Funneliner Perszy, of the reports, the combined area under tapping. amoda to 362 acres, which, as I have cean Steamship Co., was towed into dick.at steady stated, produced in 1918 18,956 lbs Kowloon at basa to day. The Pacific icvlub

rests safely on the block in the No.- drydock and organisation wo have increased the One that lays him exgs of gold, we are output in. 66,881 lbe, and the estimate Ld., at Hunghom. She was taken in dock for inclined to think that somehow the new tariff will be traced to anti-oprum sal out

for the current year is put down 41 93,000 lbs, the repair of one of the propeller blades Perhaps one of the most important events that damaged on her last voyage, rusning discretion. Not only has the "old,

bave taken place in this year's organisatieri Is hypocritical Convention boon breached, but the arrangement mode by Mr. Barker for steamer at Kowloon should silence the wagging the new understanding, by which Indian exports were to cease in ten years, has been securing the services of Mr. Mitchell, the ages of detractors who, like false prophets, Routed. For over thirty yeats Great Britain mycologist to Laundron Rubber Estates, spoke of the death-kaell of the senior com and China have been telling each other they entered into this work with an enthusiasm Taikoo shipbuilding and repairing yard at and am glad to my that Mr. Mitchell bas pany belag sounded with the completion of the recognise the desirability of placing restric

which it very gratifying indeed. It is toos is proved in the present instance-work in Qeany Bay. The competing firms can sad do. is on the consumption of opium, It can no; be denied (except by uclair people) that early to speak of the results from that friendly rivalty Talkoo evidently. believes in China has; by edicia, peaul proçedure, and bave taken in thit direction, but we enll the policy of live and Itt live."

cipate very beneficial results and improvempat on the estates from the work undertaken at the their big dock is engaged with the Mongolia instigation and adder the superintendence of occupying a berth, they have given the re- Mr. Mitchell, I beg to formally move the adoption of the repon and accounts.

official, destruction of crops, placed. a good many restrictions lately on the consumption of the native drug. Now somebody at Canton bas been in too big a hurry to restrict the forego

ruff. That's 31.

MR. BARKER'S 'REFORT.

Now that

pairing of the blade of the Perseus to, the Kowloon Decks, preferring that course to a dog-in-the-menger one by awaiting a vacancy that will be caused the completion of the

210

JUNK SBITLEMENT IN SHANGHAI

TRADE ASPHYXIATED.

Ruraly, if over, in the annals of the history of the Shanghai shars, market has 11. been so oraly tried as it will be next work, and it in the deront wish of all that the rumitant evils So far as the export trade of India with Japan will be reducible to a minimum.. Aldough. is coscefaed, the Government of ladis 13 por got an tuappreciabla amosat of business was Tactly aware that the only important articles of dons in a number of the usual stocks, the course merchandise are colton and rice, the ampost of business so far as it pertains to them will -average of which for the last three years comes follow the normal course; and all' interest, quantity and Re, 8,00,00,000 and Rs. 50,00,000 boom has worked itself to death, and no to 25,00,000_cwts and. 8,00,00,000 cwts in therefore, is centred in rubber sheros.. The to value respectively. All other items of ix body who has the interest of the trade of the parts, indigo included, are wholly negligible, Far East and prosperity at heart need be sorry seeing that the above-named two commodities for it.: On several occasions, was havat dhe form four-fifths of the total exports to Japan, remittingly pointed out the harm it was works As far as rice is concerned, there is already aning. Our trade bar been asphyxinted to expert'duty thereon and the committee sea of the very opinion that it is hardly advisable to increase it. As to cotton my Committen respecífully beg to Inviis the earnest consideration of the Govern mest of India to the following facts.

|

VEXOK OF DEATH,

and should now be thankful that the period,_of i strangulation is afer all at an and'; and with the administration of Efficacious restorativen it” should revive to a sláto of activity which should `have been its portion but for the death-grip of the robbar-gamble.

Fimly, Japan is aaabled to compete with exporters of ledlan yarn in the common * MARKET OF HONGKONG, AND SHANGILAR,

by reason of the subsidy on freight which li It is needioss for us to rapuit that wa allowed to cotton importers by the Japanese have great hopes of the success of the "in- Government either directly or indirectly. Be dostry, which has been newly introduced into condly, by reason of the ports of Hongkong, hangkat to an extent andreamt of by any and Shanghai being at only a short distance business man in the Fay Hant'; und es to now from the Japanese parts, fraight on yarn bales we should best safeguard aus interests, and there in certainly cheaper than freight on yarn that of the hundred of Chinese shareholdate exposed from Indian poris. Moreover it is who have unheastatingly confided their wealth motorious that even kere some bounty is allow- | to the caro of the foreigner, wa shult refer to ed by mill-owners.

eltowhere. - Already wa have more wealth in: As a result of these two operation it is well-vested in a single industry'ihan it is healthy for knows that Jpap has successfully entered into the bedy politic of trasu. No surer unga DËBE 18

COMPETITION WITH INDIAN

needed than the fact that the public are

TAKING LISTLESSLY TO NEW PRO/OSITIONS.

As it happecs, the now popustivas, are ravely mouth the ansation that some of the old promotions deseɩvad, '

in the markets of China. Not only have Indian exports of yarn to Jipvi cosied bit the growth of the exports of Japanese yarn to China has | boon grevily on the increase, at the expanse of Indian export to that country, during the last few years, as could be noticed from reports of Japanes maritime trade.

My Commies bag to point out that but for these bounties Jipaese yarn could not so succenfully bara compated withɩladika yara. So far then Japan has parily crippled the India' yara träde. Pader the circumstances the Government of lodia would be perfectly jusufind in imposing such a duty on all raw cotton exported to lipau from luda'as may

NEUTRALISE THE ADVANTAGE- which the Japanesection industry now anjoys. My Commitice thick, tikt such a duly might have been very reasonably levied by the 'Goverment long ago, but siuce ite' Japanese Goverment bas por chosen to embark oA B. policy of high protectiva tariffs, thaivary least that the India Government could do in ta impass the duny suggested to coustervail the bounty which alano, lo she opsion of the

Commitee, has enabled Japan to give a partial

blow to the Indian cotton sodustry,

But, what of the present ? We have rock- laly gambled, and the day of long-awaited Correction has come, in 'spite of Micawberian hopen of "something turning up to the vary

ist minute. Tas

EXTENT OF THE CRISIS can casily be socätiom the determaationad Buble which shows the depreciation in valus of' some of our pracipal anaras dar ng faut. periods between March 3; aad Juue 20 j**

Domialoni AUT

Tab

March 31 April we May ip Juse ab pa naise su ja vallars`31, valga (value. 40 sulfurely sellor as sales lap sales A pouucka 1.59 nom, 13 setlora „5‘Joyera Mɔ ifa bayan Clioupedska - 146 bayan jî buyarı qamilien ja buyoss JAYAS

jonales, jo salos y le 43 sales. *49 bayara di nom........ 33 salas Pangkalah 6 saltars 30 mm 44 meliori go tom, Talange

og males DOM i maten mom. Sommandos demað unite aj salon að selleri `xy sales Ayer Tawal at Him fi sulku za súčas 30 sf buyers Käina Anglo-Java

***. § §'bai Malays

15 malları 15 salsa 13 baynes, 19 TẠO LAĴGA

ju għide si mallara n♬ sale

on buyers in buyers 5 za no

14 sallerm

na males na sollura 15`nales) 94 saltera nom. 4X/A MKÊNH 4 1/8 NOR laure›8 00 Qouối tumi ide

My Committed seriously apprenand that tho yam un mig frithe lyre be even more 1ROMOTERS OF RUBBER COMPANIES, greatly crippled thanhitherto if the Government have without exception main tas best of the of India doesnot at this opportune sluga recomsituation, except, in the case of those who mand the Secretary of State, in theirue Interosis of this country, to impose the countervailing duty proposed. In the opinag of my Com mities such a duty will have the desired effec bounty-fed Japanese cotton industy. Such a of protecting the inding yard industry agaikat duty can in no sense be considered an infringe. of the bioad priciples of free trade to coguised by the British Government

WHEY IS MALARIA,

came too late in the day. Tas manipulations of the market, to keep up the prices as miga. as possible, by not a few of them, may have no schical justification. But one bašto tako ikingu manipulations are with a "boom" there as they are, and i; is well known that such Little use in the public, the brokers of the pro molets cursing each other, us being responsiLis for the situation. All of them autered into this gams of chance with oyes wide open, and in all such games the losers will be the many, and the lucky the fów. Pailanthropy, is no part of day business programme, and „the wild-cat schemes now proposed to raiseva the distanta WTH only practicable in a Utopian Sucisty.

as it happens it‘is page

"

Dr. Malcolm Watson gave a very interesting lectura at Kuala Lumpur the other day. From the till report in the Malay Mail we quote this section.-Malata is not always a disease

THE SMALL SPECULATOR,' characterised by high temperaturés, calter a only have parasitosis is blood, but no high hope of prices rising turtner and, selling us. sima a person may suffer from malaria and- that bought more than he could hold-io tis

temperature, le is gradually, becoming in a profi-saat is hard bit, and was the want musity, he is in. low state of health, and mane. While a person is acgating this, im- gamber of all; and sow he has proved hims-it The bin dupe. He was the most atzerava” zu. han and which cannot affect trm. when is attacked by the many micrabes which surround | any subject connected with the prospect of thể industry or the shate market; and no do. health, he succumbs to incidental discaso-liko survas very little sympathy. For those wis abscens, bowel ducases, Riceople are

bought only just as much as they could bold cousiastly admitted to hospitals with noch

| the best advice is to stick to the sixtos, The diseases, and they have no symptoms of "boom" dead, and prices probably will never

· *fever," and it is only by microscopic exami- me to their former lovel; but as invo iments patios of the blood ́hat the real Ciusa of the

they ought to pieve valuable excepi Tu 000 GE disease can be discovered and, of course, ta- swa sastances, when coriaım khamis fetched

*mad" prices for low days

fongolia's periodical overbeut. Evidently, the large toonage of vessels fequenting the port fads employment for the decking accommoda.le the real cause is treated, the paticus dies.

on provided by private enterprise it the Colony,

A YOKOHAMA CABE,

They bave, of course, as we have shown,

Mr. Barker, in reconding the rasolution, COMPLETELY DISREGARDED THE TREATIES, said: We entered into possession on January old and new, and the Cantou monopolist will

1st, 1909, and I went out in December, 1998, have to lower his rates at once. The Vicesoy to superintend the taking over and to lay will make him. The Waiwape will make the down the lines of the first your's working. I Viceroy make him. The British. Minister will

have just returned from a second visit to the make the Waiwupu make the Vicardy make

estates, and 1, am glad to be able to tell him. Thus we find our own Christian Govern you that the instructions 1 gays have been ment and the Gererament of China in positions loyally carried out, and I am sure that no totally reversed. The Christian Governmint one who saw the estates at the end of 1008 to maintain its treaty rights and help the merchants of India and Hongkong, will post as the same. All the coffee has bess cut out, judge Hasegawa, the bearing was resumed on and at the end of 1909 would recognise them Is the Yokohama District Court, before pone its Christian duty to a more convenient as recommended by Mr. Harvay; the estates the 17th instant of the action brought by the SOOD. Chica, that amazing example of haya been thoroughly clean weeded, roads Kiito Gomel Kaisha, of Yakobama, and the cantious conservatism, but actually been de tected in a hurry in illegal base—Straiteätke, || been erected or are lo course of erection, and Pacific Mail B.S. Co., claiming Y1731 and and draws have been put to, buildings have Nippon Menka Kaisha, of Osaka, against the great progress has been made with freeing Y7,733 respectively as damages arising out of A to, which Hevea is liable has proved to be company which was used for landing cotton for mundy, walio szvete infactions are apt zu lo«4 | which we referred in our last cucular, having the land from dead wood and stamps-a course are on a lighter belonging to the defendant desirable. During my recent visit I have been plaintifla from the P.M.S.S. Mongilia is Do able to fix up satisfactory agreements with a cember, 1908, sufficient permanent staff to ensure continuity

It takes native children abous 6 in tù years 10 In spite of the disorganization which may become immane. The anodal of imalitia result from the settlement. of paxi wack, st:[ which is infected by a mosquito varios eqori | very welcome as the only agency which will › CLAIM FOR DAMAGE 10 CARGO. mously in amount, and it is vov only worse to purge the maker of the excrescences, and let

Kai fresh injection every night. It is in theso ountrade kolluw a dormai and usalthy course.« places that malana is most severe. If one gels | Capital and Commerce, Galy small dose once and is not subject to „facher infection, the discuse will probably die Duy, la about torện months, o; sheer old age, withough there are instances of extraordinary

qantive nature of malaria infections is one uf great

practically. importance

Small

A QUESTION OF TRUSTÈAS..

DECISION BY THE CHIEF JUSTICE IN A BANKRUPTCY CASE.

29th pl

|

Coussel for defendant showed witness a

Mr. Ideurs appeared for plaintiffs, reports of working, and that has been no light task. the Japan Gazelle, and Mr. Akiyami for doabt if all of you recognise the difficulties defendants. In the Supreme Court this morolog, the, Chisi. Justice, Sir Francis Piggott, delivered which the directors of the older rubber bis decision is the case in which the Deputy companies have to contend with at present the cause of the fire, said that smoking by Captain Tipple, examised ara witness as to on this question of staff. You are aware that coalies engaged in discharging cargo was pro Official Receiver the other day applied to the Court for an order for the return of certain

companies have been rated at so many Bhibited on every steamer, sums of money which had been used by the

The lighter lu week on this side, and no doubt know that question was unprotected when the cation was Trustees in connection with the affairs of the ixrge number have also been floated Ki Cheung firm is contravention of the Singapore and Shangbai; but has it ever being discharged from the steamer, but after Bankruptcy Ordinance. Mr. A. G. M. Flet-

occursed to you where the managers and assist Witness drew a sketch of the lighter in order to the loading it was covered in, to prevent fire. cher, Deputy Official Receiver, appeared for sols-lot these aumerous companies are to explain to the Court where the fire originated. the petitioners and Mr. B. Johnson, of Messrs. come from? Well I can tell you that junior Dennys and Bowley, represented the Trustees. assistant, on $300 or $150 per month, are beplan of the lighter, which was recognised by he could not profess to be satisfied with the

His Lordship la delivering his decision saiding offered Syos or $8.0 a month, with in soms Captain Tipple..

cases a commission added, to go as managers having been alleged that the fire was action of the Trustees in that caso. The of these now companies and can you be sur cauand by sparks from the fanuel of a tugboat, Trustees seemed to have entirely ignored the prised that, with such inducemeals, men are Mr. Akiyama asked witness as to how long it requirements of the Ordinance and had only tempted to desert their former employer? would take cotton to iguito as a result of falling done what they thought fit. He was, however, am proud to be able to say that we have not sparks, to which witness replied that in soms railsfied tirat no damage had been done to the so far, lost a single mao to another company, cases goods smouldered for a day, and in other would, therefore, make the following orders- nitate except is respect of the $1,600. He and I should like you to bear this loyalty of our

staff in mind when, litter on at this meeting, cases ten days, before the fire was actally dis- That the second bill, aliteugh it was practically you will be asked to vote a som to bonus 10 boopt, with which the bales of catios were covered. Captain Tipple added that iron. approved by Mr. Wakeman, had to be returned, employees' fand. The Trustees would be ordered' to pay any

Replying to a question the chairman said: ing the process of discharging from the sisumer, bound, produced sparks 'through friction dar. difference between the two, taxations. He It is probable we may make a call on JanuaryMr. Ideurs prayed the Court to summon thought that was the lightest order could 2, 1911, but not before that, we do not read the Mr. S. Miyake, manager of the Yokohama

money in the mesolima."

Mr. Felcher said he noticed in the profit Imported Kay Cotton Warehouse, as witness, and to account that the proportion under of an expert witness, whose name was not while Mr. Akiyama applied for the summoning Colonial expenses worked out at over 28. 48. per 1b. of rubber collected. That seemed rather's high figaro, and perhaps the chairman could give them some idea of what the figure would be next year. The price of the crop-76. 7d- at i pa per lb.--was first rate, and at that rate the 22, 1 4d, perib, cost was not excessiva; but should THE greatest activity in building in the history the price of rubberdrop it would be interesting of Zambosora le on. Sices January 134 1915, to know what the cat would be mixt year, and there have been ainety-ibres building permits the following your. It would seem that a rather, issued by the Provincial Enginear for build- large proportion of the upkeep charges had been logs to be smected within the fire-limits of the debited to prost and loss account. The cost of city. This represents a total investment of tapping seemed rather foward more than Pr0,000. The old nipa shacks are - Mr. Barker said It Was crap that this year rapidly giving way to modern, wall constructed. rather more expenditure had been debited to houses with iron roofs, and in less than a yong,

mako.

The Official Receiver-There are two points which have not been touched upon by your Lordship. The first in the question of re- muneration-

His Lordship-1 thought I had dealt with that point.

The accuracy of the exclusiva report, ap- pearing in the Hongkong Telegraph of Inst evening, is reference to the lodgment of a protest with the actly Governor-General. of the Ling Kwang Provinces, against the Danton Opizm Monopoly,' was impugand in public print this morning. Our ciltic-might - kave done ourselves the justics of at least quot- Ing from the Gongkong. Telegraph accurately when an endeavour is made to belittle the var. acity of a rapost which does not admit of con- sradiction,, Wo were made, to stars that con- tracts were antared into yesterday face Aundred chasis of optom, whereal in reality wa mentioned the Gigurat." Cup hundred chests, Not only do stand by the absolute cor rectness of por, “first-hand information,)), but After farther discussion, bit Lordship mudo" cicatɛdanial of tha a final order that the money abould be paid

PC within two mỌN

The Official Receiver sild that the, silate should be handed over to the Official Receiver, He understood that the Trustees, were golog to wind up the business themhelves and he sked that they should be allowed to do so on the condition that the money paid into the Hong kong Bank by them and ordered by his Lord- ship to be paid back to the firm be handed over forthwith

Konounced

hearing was adjourned to the agth instant These applications were granted, and the

longevity of a single strain. This idea of the

qualities injected occasion ly lead to im

to death.

THE SAILON KING ‘AND THE

„MERCHANT SH« VỊCH,

THE KING'S CLEMENCY.

at

ال

SINGAPORE SHAKO MARK87.

FRASER AND CO.'S CHICULAR,

There has been little change in the marker during the past week-the same dulouss, so

continued. At the cloce, howev...z, ;thara in a. firmer (940, apparent-more awuring nowa Di sterling subber shares boŋng cùnsaved in this morang's telegramafáto Loudon,

Kubbar-Only very" smait, dealings' have taken place in sterling shares during the weak, mad Lcal shares have also been extremely quiet. - Duft hava zemained. steady round sta

limau hava buyers mi 78, lisp Vallams biosas are quoted at 335, 36, and Highlands at 6135uiden copes nave besa doon at 6 181 fid, Sialangs at 286 94′premium and Bukit Kaj soga fully paid have changed: bauds

$19.

Misan-With the exception of a faw;, Rahman Hydraulics that have chapgod hands auerly neglected. Tronohs have dropped to at $10, this.aection of the market-bas: be en

5:275, and Reabs are on offer at 55.21...

and a low Howarth Erskines have been sold at General-Straits. Traders aye uffering at 550,

560. Riley Hargiosyos nan- wanted' at $77.§a with sellers at SEgipt

Having learnt that as an act of clemency marking the accession to the Thman of His jesy King George V. it had been decreed, it is dischargo books of seamsa whics had failure to join their ships and to cher causes 651. Lieucalys are beca done it 53. Sin bees winbold by the Board of Trade owing to are to be returned to their owners, the Imputo and Johoren gi 518; and Halgownies at perial Merchant Saivice Guili mada"- representations 10 the Board grace might be extended to the captain Teado suggesting, that a similar ́set of offices of the British Merchant Service whose comicates are at present under suspension ow ing to different causes. The Guild bare now received the following communication from the Marine Department of the Bosed of Trade p

"Sir-lo reply to your latter of the 24th lost asking that he coruñicates of ‚officers, which have been suspended by Cogni of Inquiry,'should be retumed as un sci of clemency on the acession. of King George, I am directed by the Board of Thị N. C. D. News. of 22nd inst, says 1-No Trade to state that, whh His hinjasty's doubt the intense hest accounted for the falling approval, they have decided to return at attendance' of playari yesterday evaning, also once those certificates which have bass for the lack of vigour displayed daring the suspended for acts of professional de games, piebeing fault and to remit one third of the ori- Mr, Landals was absant, pa that it was fih- ginal period of suspension in the case of possible for selected four to play a fusi gama those oflicen whose certificates have together. There was ons chakka played con- bass suspended for offences involving sisting of the other three members. (Mosers, personal misconduct.-I am, Sir, your Dallas, McEuen and Hayes) with Harley abedient servant,

- taking Mr." Landale's place at bick, Thay basi (Signed), WALTER I, HOWELL, WERE tem somewhat easily

INTERPORT, POLO,

The Secretary, Imperial Marchant Service. There was a diallocs, gloom ara

de tha@chukkan{when}Mz/?: Keylock sun Galld, Liverpool

We feel sure that the concession which our a parari blow from a ball in the are Ballor King has been pleased to grant, will be players, and spactators will graally appreciated by his loyal subjugta say, "konown and highly popu

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LATA

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