THE OPIUM QUARREL IN CANTON.

Avarethe smoke and fame and reverberations, when several foelgolficant volcanoes simule taneously burst into activity, so are the words and noise and strife of those fighting over the oplom trade in Canton, as a result of the deci slon of Viceroy Yuan Shu-bsuo, to impose an

question, when viewed in the light of the roany

facts and allegations that have found publicity In the native press, appears infinitely complex, not to say confused. However little sympathy may ba entertained with regard to the genesis and development of the Indian oplum trade with

· that ".

THE HONGKONG TELEGRAPH SATURDAY JULY 30 1910

NOTES BY THE WAY.

THE PLEDEIAN'S RIGHT.

By the way, it was refreshing to see Mr. Murray Stowar in his usual fighting form over the Highways Ordinance on Thursday last.

this time, it is very probable that the offi cial members of that august body known as the Hongkong Legislative Council are begin. care of au ugly thorn in the side of Govers- montadeline sense of comfort to long as the hop, member occupies & saat at the Colour's Legislativanssembly. Not that I wish to insinuate in the least that the Government are early bat in this fast age they are np to rush through Important measures such as the Highways Bill and now and then they sorely good to be re- minded that we are far removed from Russia, It is at times such as these that one in impressed with the dire cöösequences which are likely to Bow from a hurriedly prepared measure.

CORRESPONDENCE.

We do not earlly endorse the opinions expraised

by Correspondents in this column.).

A SEVERE CRITIO.

TO THE EDITOR OF THE "HongKong Telegrark,”

THE INDO-CHINA SIBAM NAVIGATION CO., LD,

||

very last thing that the board deserved, (Hear, bear.) He could assure them, that when the trade would admit of satisfactory frnights be ing earned this company and its feet would most assuredly have its full share of that pros- parity. (Hear, hear.)

The resolution was carried non con ·

253

COMMERCIAL,

WEEKLY SHARE REPORT,

Reviewing the share business for the west, |Mesus E.S., K.douris & Co, write on saad- The retiring director, Mr, W. Keswick, M.Pinst, Our local share market contlanes vhly and Mr. W. Fisher, were: then re-elected, on

"Inactive and only small finctuations - have) 00-- the motion of Mr. W. Paterson, seconded by curred. the Choirmau said every effort possible would

· Rubbers have been very quiet and following: the drop in the raw material sbars prices have.. be put forth for the welfare of the com, say,

weskened. *The auditore, Massrs. Turquand, Yuunga and Co., wers also so appolated,

Para Fine Haid Rubber comes at 9/6 per lb. Mr. JR. Michael moved a beatty vote of from London. thanks to the Board of Directors. In second- Banks-Hongkong and Shangħal Banks lng be expressed considerable dissatisfaction with salan at $950/9521... The price in London with the affairs of the company. Since that is the same, vic: £69:10)~ Nationals contine date, however, he had been in correspondence in demand at $76. .... with the board, and he was perfectly satisfied that the company, as it now it, was conducted and he was convinced that once trade became economically and in a straightforward matuor, more active the divides is would coma as wall.

·China, It minst, an the other hand, be admitted bereft of that little feeling called conscience, of the journalists generally do when something with any great advantage enlarge upon that log this, Mr. Burder said that at the last mast-have remained very steady during the work:

‚OVER ZEALOUS, PARTISANS

of opium-suppression have not stitom laid themselves open to the charge of unwisé exagi geration, No one who has aven occasionally visited the opium dens of Canton and Shanghal can defend the use, ino frequepily leading on to the abuse, of opium. Yer with the terming millions of these great cities around us, it is difficult to prove what is so often asserted, that opium is ruiblag Chisa. To turn then to the querral at Canton, Viccray Yana has admit- tedly increased the duly on prepared opium;

and defends bis action by

THREE LINES OF ARGUMENT,

"ANOTHER PUBLIC DANGER.

|

Farewell dinn&K TO A TAIKOO

EMPLOYEE.

26th inst.

Marine Insurance Craipen are offering to a small extent at $175. Valons have been in fairly strong demand and after sales at $840 obtainable at the moment under $850. Nor can probably be placed at 5845 with no shuma

Chinas are unchanged at Tix. 115 and Yangtstan

have slightly improved, buyers being willing

to pay Saozi.“

ANNUAL MEETINO.

That twenty-ninth ordinary general meeting of the above company was held at 19, Combill, Sir-in your leader of the 35th inst, you ra Londos, EC., on 30th ult, Mr. W. Keswick, M. (Chairman), presiding. The Secretary, addiţional tax on prepared oplum.. The whole ming to regard our foremost orator in the na-produced an American opinion of the Hongr.' A. G, Wells) having read the notice con- | Mr. W. W. Dickinson. In briefly responding,

kong officials and the lufig air they main advening the meating and the auditors' report, the Very unfortunately for the British people; they Chalaman said t

not as others sto

Gentlemen, in the report the direct.13 havð them. Of course, were I to touch up this ondeavoured to place before shareholders a full ill-gotter possessions abroad, you will stamp me either as seditionis or treasonable, as the bulk account of the working of the company during the past year, and I do not know that I can fiby is brought home to them about their Gov. erument or about their people. But to sustain tsmont, but it will interest you to know that. the opinion of the Americao, let me tell you potwithstanding conditions which have not that, at this rate of advancement, the British bean favourable for shipping in the Far East, people is another sen ysara' time, il unchecked, the directors are able on this occasion to place will not only grow intolerable, but will prove a

besare you a statement which, in the main, is regular suisance to the people whom they bap sors. When we lust met the directors were in

an improvement on its immediate predetas pen to govern now. For (inke an instance possession of information which led them to does China utter anything in her self-defence without her belag stamped as an obstructionist anticipate that the long-looked for Improve- and the deadliest enemy of progress? The ment in the Eastern freight mariet was within English people have already got 17 millions of sight, but unfortunately the improvement did the Chipete to rule over, but the line is not do not last, and a lapse to depression occurred

Fire Insurances-—Chíná First nửa slightly fined yet, and their onllzught on the infirm which contiated more or less, acutely to the Chinese continues by means of the opium sup- cad of the season, and it bas only born by

MR. GREGSON'S FORTHCOMING' DEPARTURE, with small lots offering at Sila. Hong-

kong Fires are in request at Sjgo, " pression policy, commerce, and diplomacy and strict economy and drastic supervision of every

Shipping-Chloa Manilas are still 'naglected other methods which their Press encourages. spending department that it has been possible

On Saturday evening a very enjoyable little have farther weakened and are now quated at and may be had at 57. Douglas Stasmakipa Why? It is more easily possible to see the through adverse conditions of trade to reduce blessed Dicty wable His sublime curtain than expanses and bring the deficit andor the amount function too place, on the occasion el a num

the board at one time feared might be shown her of friends notertaining to a farewell dinner

$18 to get access to a British official--Yaurs,

for the year. The statement is not by any means Mr. James Grogeon of the Quarry Bay Dock such as shareholders desire and what the direct(Messrs. Butterfield and Switd), who, having ors aim at, but the accounts denote improve- finished, his engagement with the firm, star a meni, ad give encouragement to hope that wo ler Home to morisw. Daring birservice op are approaching a more satisfactory future, the Company's staff of divers, Mr. Gregson has and that the anxieties of recent years, and the taken part in carrying out much important worries of the board, and the wariness of share diving work at the new Dockyard, and whilst Holders will become things of the past. The in Hongkong also he has made himself vary committee which was forme? to effect scoup

popular both inside and outside the works. mies, with the willing and earnest aid of the Qu Saturday evening pany of some 30 sat general mapagers have, the directors bellave, down to dinner, with Mr. R. Tillman in the brought all expenditure 'to the lowest point chair, Aftet au excellent repast (specially consistent with the-maintenance of the fleet in

prepared under the experienced guidance of Mrs. Tillman), a short toast list was gode Docks, Wharves, and Godowas-Hongkong through. Too Chairman mferred to the many & Whampoa Docks hara been dealt in to a estimable qualities of their guest and on behalf small extent at 150, Shanghai Docks can be of the Company wished.bia God-speed to the placed at Tls, 77. Kowloon Wharves Br Homeland and the best of success there or in offering at $55 with no bugura ovár $54. Shang- whatever part of the world bis arduous calling | bai and Hongkow Wharves arqgqäoted st led him. Mr. Gregson repied in feeling terms.Tia. 19. Afterwards the evening was pleasantly spect Lands, Hotels and Buildings-Hongkong ia song and story)" &mongst which figured Linda have been sold at the Improved rate of vocal contributioos from Messrs. Burtou and Scoz and Humphreys Estates at $81, Kowloon manduline selections by Mr. Polly, etc. We and more shares can be placed at the rate." Kennedy and sergeant-Major Ray, banjo and

Lands have been taken off the market at $31 believe that Mr. Gregson intends to take up Shanghai Lands have been sold to the North at Tik. 10) ex the Interim dividend of Tie s paid, on the 19th inst West Points are la work in South America after a spell at Home.

demand at $39. Hongkong Hotels have declined and old shares are offering at $105 and tha paw at $97.

I notice that the Cuy Fathers continue to amuse themselves with discussions of prospec live chances of the Colony's health belog men uced. The latest discovery takes the form of an awful danger which lurks in the water-boles of untrained wallabs. Several people have taken the accouncement more, seriously than is consistent with sound commonsonic and He affirms, first, that he has pot interfered. am told a few persons of the female persuasion with the importion of the foreign article; threatened to go into a sbricking state oplum cheste he has neither examined nor of hysterics bad they not been prompily re touched; the Cheloo fronty releri anly

assured that all was well. Now feel incliand to raw. opium. Secondly, he maintains that to wonder why peuple are so fond of taking the new rate of three days' gence, within mean advantage of the highly-strung natures which oplum merchants are expected to

of the Hoogkoog. public. When we are not convert the raw article into the prepared drug; threatened with a water lamine we are solema. is intended only to prevent upsernpulous metty warned of the danger which exisin in water chauts from accumulating a stock against the day when the drug by dint of having become scarcer, will command a higher price. In the third place his Excellency demands, with some irascibility, whether it is an makeard of] claim that's ruler shall administer the internal economy of his country or state according to the plan that best commends itself to him.

All this is very clear on the surface, but not without a glaze of

SPECIOUS CLEVERNESS.. In fairness to all cancerned, however, it must

be asked why the duty on raw opium was fixed by both parties interested? Was it imposed in order that the consumption of opium might be discouraged, the purpass which Mr. Lloyd George claimed to have in view when he imposed no increased tax upon spirits? Even the most devoted supporters of the British Gorainment might hesitate to assert that both

·

British and Chinese statesmen were identical in eagerness to secure the moral elevation of China. With all possible allowance for the enthusiasms of reformers, we may assume that Chinese were soxious that the tax should be As substantial as possible for the aske of

THE IMPERIAL REVENUE ƒ while the British desired the tax is be as light as possible so that the amount consumed might not diminish, and the quantity imported, remain a great as before. If the provisions of the treaty ware decided in this way, then the action of the Viceroy is certainly a french of the treaty regulations, in spitit if not in the letter,

for one result of the additional tax must be a diminution af the quantily of the những d sumad. However speciously the Viceroy nay argue, however cleverly he may glo.ify his object, the result must laevitably be that lea opium will be consumed, and there- fore less will be imported. So far there Is a distinct breach' of the spirit of the

IMPERIAL TREATY REGULATIONS: His recpad argument, that which concerns the three days grace, within which dosters minst convert the raw drug into the marketebla article, is less easy to condemo. That mer.

belas. Of course, the efforts of the energetic official who is trying to do his best to save as from premature burial are praisewortby in the extreme and are certainly deserving of the C.M.G. but having regard to local peculiarities it appears to me they are ill-advised. Next time a fresh danger is discovered, the Board would do well to follow the recent action of the Head of the Sanitary Departement, who dropped e bomb shell in the public dove-cotes by saying that certain correspondence was to be consider ed in private in order to avoid creating an un. accessary public scare. If the Board would only dispense with these preliminary announce. meats, which are liable to cause no osady feeling among a certain class of persons, and thea preceed to treat the matter confideually, I can' assure them that they would earn the beart- felt gratitude of a lot of nervous people.

THE SANITARY BOARD AND WHISKY. discuss the mysteries of pot and patent Some people at home dearly love to

refreshing beverage affords to the person refreshing over here the subject of the with limited conversational abilities an op- portosity for the display of wit which he does not possess. In short, the term "whisky" bas acquired the right to be included in the category of the basalities of existence, Hut what reminds me of the delicate subject was the information which Dr. Fitzwilliams imparted to the Sanitary Board the Diber day to the eflect that the beverage actually underwent the process of adulteration at the hands of certain unscrupulous pariles bere in our very midst, Now that we have besh told of the diabolical ingredients which form part and parcel of certain mysterious decoctions it is not in the least surprising that certain good folk reputed to posiess formidably resistant heads, after only a couple of seemingly barmless paticus, seem to feel somewhat "ight And at the same time oh, so “loose!"

TOULON AND TOULOUSE. This "loose "feeling which I have tried to describe puts me in a reminiscent mood. 1 am reminded of a story which is vouched for by respected historians as being perfectly chants may be tempted to store up chests for true and which is said to have taken place

in the good old fighting days of Nel sen. It was during a short respite from bostilities when the one eyed and one- hinded Admiral successfully carried out that masterly coup which won for England a com loitable.stice.olnu island and which won for Nelson the profound hatred of bis Continental ices. (I was something about ail English. men being blus-livered). A Britis: tar was told by a French bluejacket on the latter sening. ibe Englishman's quaint baggy trousers that they were too long (Toulon). "No," replied the Britisher," they are too loose" (Toulouse).

fature use is bot Improbable; with the result, as the Viceroy points out, that it will become the more difficult five years hence to suppress the oplum habit. On the other hand, seeing that the provincial treasury in ofies empty, and that many clamorous.de.nnuds.reach the Trea- surer's pars from week to week, it is difficult to represe a suspicion, that the new is merely fromed

TO ENSURE AN increased inCOME,

rule

But the discussion has evoked other statements

:

AN EXILE.

Hongkong, 26th July. [We have omitted the concluding paragraph of our correspondent's letter, as its immoderate tone can find no room in the columns of this Journal-Ed., 7.X.7.]

SINGAPORE'S RIPAL.

SADANG. BAY,

Twice have I been to Sabang and each time have I expected to see a scene of busy com- mercial life justifying the foors which are so frequently expressed-that the sceptre bas departed from Judah: Ichabod, the glory hath departed from Singapore. Sabang is a small town-little more than a village, on the stores of Sabang Bay, and Sabang Bay is a harbour shaped like a potbook running between the hills of Falo Web. And Pulo Web is an island right off the north-west point of Sumatra, just where every homeward bound steamer fram the Strait of Malacca, takes off for the plunge into the deep blue watert of the Indian Ocean, perpetually throbbing with giset heat beats, and occasionally lashed into fury by an impetuous monsoon. There is a doubt that

Polo Woh Is

A VERITABLE OUTLIER OF SUMATRA. The chart shows down the coast of Tenasserim and to Penau depth not exceeding 360 feet. The shallow patch runs across to the north-east corner of Semaire, Diamond Point, and thence extends for hundreds of miles south and east, to the very eastern edges of Borneo and the Straits of Lombok and embracing the Gulf of Siam. That is to say, if the Maltyan Archipe age were elevated 600 feet, there would be on Siraits of Malacca, sojava Bea, no way for ships to go to Bangkok, and no need for Sarawak steamers." But from, the porbers line, one would still step down 4,000 sent, into the deep sea, and though Sabang Bay, which is a deep cleft 300 feet deep, would have

NO SEA WATER

in it, a few miles away the deep Indigo of the Indian Ocean would roll la mighty billows and thresh on the west coast of Sumatra and the island of Pulo Web itself. That is what Sabang is-à sheltered best in a hilly island where the ocean breakers never disturb ships tied up the wharves-for the bay is too deep for vessels to anchor, the chains of the splendid monying bunys being many fathoms long..

Sbang Bay is pretty. After seeing mouc. tains 8,000 feet high to the left, the vasse) cute across deep water and cones in eight of a bold steep hill. To the left another of less elevation, between the two a wide and deep channel, easy enough to get in at any hour, absolutely protected, landlocked, and a very

HAVEN OF REFUGE.

||

.I

an efficient conditon. Our general manager have also consented to a revision of their charger in the company's favour, and have made the strangement retrospective. I have the authority of the board to say that the rangement made is one with which they are catirely satisfied.

will now refer to the accounts. The amount allocated for depreciation on the steamers for the past year has been on the debentures is slightly larger than last year, and same ample scalens in recent years. Interest on

acting on the advice of your editors we have written of £4,000 from the expenses of the debentate issue, which is a larger provision

than usual. In the balance sheet there are but,jew items that call for special mention If

underwriting account by excepted, and is that account the balance at crest in £3,to8, which I would have bren larger but for the amount of 410,000 transferied from it. When, however, I tell you that with the exception of particular, run but a small lion in the average we now account-our largest risk being 15 per cent you will agree win the board in thinking the soin is quito ample for possible calls that may, he made upon 11. We have during the past year placed £10,000 of the first mortgage de features. You doubliess share with the direc tors disappointment that a dividend is not possible, and that the prefere ce shares fare no better than the ordinay shares. We must hope that this may prove the last year of leanness, and that beiter, conditions will enable returus to be made to the proprietors.

.

THR "HIP SANG CLAIM.

SURVEY OF THE COLONY.

WORK ON NEW MAP.

As no, survey of the Colony had been made since that carned out by Licut, Collinson ic 1845 (ais plan contaibs many inaccuracibs), it was decided in rgos that a proper Ordnance Map should be built upon collect triangulation aud this work wan commenced, early in 1909. The staff then consisted of six surveyora, oz. clusive of the principal land surveyer, three of whom had been appointed during the io pre. vious years. The necessity for this considers able increase and farther additions subacquant ly made was partly due to difficulties and do fays which had occurred in procuring qualified men and to sickness among the staff which caused the survey work to fall so so.lously into arrear that it has not yet been found possible

10 overtake it.

In addition to Gollinson's map, which was on a scale of 4 inches to the mile, there were in existe co plans of various portions of the District, Kowloon, the principal villages, &c. Colony, such as the City of Victoria, the Hill

but in most cases the bad been produced la a p.cc-meat fashion and were far from accurate. As will be stea from the following statementng

Hongkong, Canton and Macao Steam Chinas remain very quiet and po business, kas boats have again found buysis at $324. Inde occurred. The price at boma is also unchang Ordinary shares. There are tellera of Star ed, viz, £4 for the Preference and £1 for the Ferries At $13 and the now shares at Big. Shell Transports have receded to 101/.... ....

Refineries—China Sugars are unaltered at $:18 and Lacons at $46.

Mining.There is a demand for Ohlanes Engineering and Mining Co. shares at Tin, 16, but apparently no shares ard-obtainable at thin price.". Raubs baya buyers at $7.

Cotton Mills-Hongkong Cattons · bara buyers at $5. Ewos are exside with sellars as Tis. 120. Othern Northern milis, according to istest mail advices, are as follows:-Laon Kung Mows Tls. 70, lnternationals Tir, 61, and Soy Chees Tia. 240.

Miscellaneous-China Borasos, hava. lp«

quiries at So1. Sales of Dairy Farms are re ported at $19 and of Green Islands at 561-65. China Providents have found buyers at 581. Ropes at $21, and Electrics at $20. Obisa Lights are weaker with sellers at $1.40. 'Icas have been booked at $135, but there are more buyers at the rate, Peak Trams are still offer ing at $14 and the new at $1,60. Unlon Waterboats are a shade firmer with buyers at $7. Watsons continue in demand ai 264. Langkets have been ruling, very sandy and are quoted at Tik. 1,423, Samatras are lower with sellers at-Tis, 170,

There's one item which is not particularised in the accounts and which only affects the com pany to a small extent. I allude to the Hip

Rubbers-United Sumatras, after sales at Sang claim for wrongful destruction by a Rus sian gunboat. It is a miter for great regret

have been due at various rates from 134/ Le 113, hava receded to 17/5. United Sardange that this case was decided against the steamer

140). Linggis have been sold at 5/5 and by the Russian Pries Court, and that an appeal to the Supreme. Court of the same couplly the

Sumatra Paras at 14. London Vartures have broo an erratic market between 6,5 and 5/6; decision was upheld. The eviden e, is the opinion of the board, was conclusively in favour

there are sellars at 7/6 as we close with pro bable buyers at 6/9. United Langkats Bav of the frip Sang, but as we have not yet res ceived the considered judgm:ut of the Court,

gone to London at Eof-and-Langkat Somatras at 7u/. Doff Developments have been bought the directors at the present time cannot make further protest, though I may fearlessly state

feet:nt at and Rubber Trusts at 44/- premium, The Singapore market has ruled" daller than that our steamer was not at fault, and that

usual of late, possibly dus to the large recent alaking bor was an undoubted ourigs. The

The above remarks refet to the Colony pro

new flutations there. Sandycrofts hava gons to shippers of the cargo, the officers and crew of the steamer, suffer through no fault of per. In the case of the New Territories, coded the Straits at $35 eam div. and Pegoba at 338. their owo, and the underwriters-unfortunate-1898, a map had been prepared by a surveyOf-Balgownies-share-are-probabis-buyers-at-

uniformity of scale had been observed in the preparation of these plans. City of Victoria............... ("==160 feet. Mill District... 1′′=150 foot. Kowloo0, 1/3,500 or 110813 Aberdeen Village, ....40 feet. Shankiwan Village, t"=50 lest,

In order to meet urgent needs of the moment, the truth or untruth of which demands to be Hilted&is well-know; the mutual agree. An advocate in a case not long ago, seeing seem indispebsable to money making by cargoly have also to bear a heavy loss. Our latest Py from India durlög the years 1898-1904, but] $17. Glonealyr hava bean done at Sz} {Straits),

ment between India and China piovides that the importation of opium from the former country shall be reduced by one tenth annually

for ten years, while cultivation in China is to

portation bad, actually' increased. Ao ex- planation has been supplied by the native papers: that Turkish and Persian opium has been imponed by German and America merchants

A WISE JUDGE.

of battle in order to reach. success by another. way.

On the west and north side are wooden wharves, and rows of those ugly.conugated sheds which

advices indicate continued activity in the South China trade, and although the Northern and Yangtzs trades are reported less active than earlier in the year the prospects, are on the whois encouraging. I will up move: "That the report of the directors, and the accounts for the year as presented, be approved and passed."

Mr. W. Fisher seconded the resolution.

so many of the traverse points have since been destroyed by the native population, who were unfriendly at firet to British rate, that it was found impracticable to utilize it in the prepara- tion of the new maps, and as all filling in bad been done by plano-table it was not possibls to replot the survay.

Here again the mistake of variety of, scales from any of the plans previously produced, A considerable area was plotted on a scale of 10 mile (1330 feet), but, as this was found to be too small to be applicable to many parts, scale of a mile (1-165 feet) was adopted for the remainder.

After full consideration of the matter, it was decided that the now Ordnance Mapy should

100 feet and go feel be plotted on scalex

that it was useless to deny certain charges and coal dealing. At the time wa were there, against his client, suddenly changed his plan there were laid alongside the "van der Capellen

and the "K. Willem II" of the Netherlands Well, be it so," he said, we will admit Steamabip Co., the "Merapi," a Rotterdam be curtailed in the same ratio. Now, in his that my client is a hundrel and the biggest Lloyd steamer of respectable dimensives, and defence to Peking, Viceroy Yuan asserts that

Mr. B-" quietly inter

a coal stermer "Nigeria" Looking along to in the thirty-fourth year of Kuang Hsit their in the world." diminution of opium imported into China rupted the judge, are go not forgetting the felt there is a baby breakwater, a small floating dock, the coal stoomer, and then the Way but three per cent instead of ten, yourself?".

AN UNFORTUNATE client, And that in the following yest—(be-imṛ 1 ere ate Two more legal anecdotes which pride-of-Sabang-Bay, the electric coal-boista,Replying to Mr. R.-G-Alford,-the-Chair..wai repeated, those employed being different.

man said they would make further repres are too good to pass unnoticed. The first re- These look rather slender Goliaths, running on

a pair of rails nearest the whart, and a single rallentations to the Far East to so if the lates to a very youthful lawyer of whom the fol.

at the rear, some as coaling sheds, ¡ying below rendering of the accounts could not be for whom it it my privilege to appear," the over the whole range of sheds, lift up sections were very voluminous: Explaining the mole lowing story is told :-"The unfortunate client

the superstructure. Thus the hoists can travel accelerated, but it must be remembered these neophyte began boldly, only to come to a full stop.

The unfortunate client, my lord, for of the roofs, then whisk up the coal and carry in the accounts Contingent liability for Camu whom 1 appear," be began again less coo

It 250 fest along to the ses, delivering it over lative Preferred dividend for 1958 and 1909 the ship, if need be, as there are projecting arms, amount to £29,753 8." be said the first duty fidently; "that is, my lord-es-my unfortu-

of the company would of course be to pay off nate client-er-Leaning forward and speaking in his most dulcet voice the judge

the indebtedness to the preference before the said escomazingly You may go oo, Mr.-

ordinary shareholders received a dividend. So far the ecurt is with you."

Mr. E. H. Baker rose to ask, baving regard to reports of the last two years, if the directors bad considered the questions to whether the company was justified in continuing its opera ions at all, or whether, while there was a possibility of paying 201, in the £, the arsels should not be sold as a whole, or, if thought

TO SUPPLY THE DEFICIENCY.

The charge is all the more serious when wo remember the stand that America, at least, has taken in favour of opium suppression. But what is to be said of the officials who, if the supposition quoted above, be true, must be admitting oplum as of old for revenue's sake, and seeking to serve two masters ?

In the same defence to Peking Viceroy Yuas makes one very boid assertion when, after condemning foreigners for their dilatori ness in conforming to the treaty, be declare that the officials of Chinn have already lessened the acreage under cultivation for oplum by no leortkauūdavanjy, car, sights, par cant. No oria will deny thai 'something. very considerable has been done, expo cially in some provinces, But it would be interesting to know on what the Viceroy's are sertion is based, tor there is

NO, LACK OF INDEPENDENT TESTIMONY to contradict the statement. On the whole it would appear safest to wait for the results of the Investigation which Sir Alexander Hosle has been commisioned to make, before pro Bouncing judgment. For the moment there seems no remedy for the Canton opium quar ral but in another consultation, batween the Interested parties, in a spirit of frank deter mipation to ascertain the truth of this com. plicated question and to abide loyally by The terms of agreement, When Viceroy Yean so indignantly depoance the ten- dency of foreige merchants through their representatives to interfere with the internal administration of China, his complaint is one that from a foríaca point of view

MIGHT MEET WITH SYMPATHY,

HARD ON THE LAWYER, .

The second story mins thus: Have you anything to say," a judge once asked of a prisnner, "before the court passes sentence on you?" Prisoner: Well, all I've got to say is, i hope your honour will consider the extreme youth of my lawyer, and let me off assy,"

CASUAL CRITIC,

WATER POLO SHIBLD MATCH.

L.R.C. 7. C.Y.C.

15th inst.

A large number of spectatorn witnessed the grand struggle last evening at the V.R.C. in the Water Polo Shield match between the Lusitano Recenation Club and the Corinthian'Yacht Club, The Lusitanos were fancied in this match, as they had undoubtedly a better all-round team, whereas the Corinthians, although possessing two or ibres much faster swimmers, had also two or three new men.

THE COALING HOISTS

inch, the latter being only used for populous areas or where early development of the coun try might be expected.

The Indian Burvey.maldian was accepted temporarily and, when the triangulation was carried through from a base at Tai Po which hid already been co-ordinated, its beating was found to disagree by only 3'. 'It has therefore been decided to accept the original meridian.

To the new triangulation, as already man-

and Singapore Johores at S:6(Stralis), Locally: Tosrangles are in demand and could be placed at a small pramium.

Exchange The Bank's drawing_rate on London is 1/2 on demand and the T.'T. rate on Shanghai is Tlu, 74.

*FREIGHT MARKET.

to their fortnightly circular of 23rd instant, Messrs. Lamke & Rogge write-Dering the period under review, business all round bas bean of a highly unsatisfactory description and at the close the market in almost barn of orders. This latter remark applies in particular to freights from Saigon, that market being abso lately a dead latter. Judging 'from present appearances it would seem that rates for some time to come will remain on thele present un-- remunerativa leval.

Saigon/Hongkong.-The quotatlon Salyon to this stands at 14 cents with just a single charter-a regular liner-done at this rate The local rice mužkéť has assumed's down- ward tendency and a stop has been pat to char- tering altogether.

are from the house of Krupp at Madgeburg, they are silently operated by electricity, and seem designed to adequately supersede the Chinese coal-coolie, This is theory. In prac tice there are limitations. Heary coal skips cannot be used because few ships are designed to take a succession of bie skips of enal. The mail was being coa'ed (1) by a line of coolier from the nearer edge of the sheds: and (1)

more advisable, the company wound up Stace

Saigon/Philippines.—A small carrier has ac- from the feRY. A squad of coolice Alled

be became a shareholder in 1903 these badtioned, a base was laid out at Tai Po measur cepted 25,000 pícuts at 28 cants for Gabu, and baskale:the boist whisked up sixteen of them,

uning 2,168.736 fast and this was extended by 2 | 8 43,000 pic is boat is since reported having ran them down to the Pier and there deposit a very large encroachment on

saties of well-conditioned triangles, 15 in num- booked a full cargo at acè cents for a ports diss ed them to be fed into the ship by coolies, derwriting accounts, the geocial rescivo #c

ber, to Ngau Shi Wan where another base chargo, Manila and Cebu. So that ail the elaborately designed coal hoist

count had been wiped out altogether, and so

Saigon/Java,—A few charters have` been. bad the exchange account, and daring that 227525 leat in length had been meastired. did in this case, was to save 37 coolica carry ing sixteen baskets of cost about 60 yards. time there had only bond one very favourable The misclose was 175 foot representing andono, terms are kept private.

error of 1/12,980. Both bases are about 15 fest Hongkong as Hongkong-As

anticipat Each basket held about a hundred-weight of year in which the compsey

* sam of £14,000 to reserve. Further, the in- above sea level and were measured with a 100-ed, business has resulted in the fixtures of the coal, raya ton for the lift, and performed the

debtedness of the company had immensely foot Konstat wire. All the angles were obsery Fictoria and Holstein for a round voyage at the round journey, is a little over two minutes.

increased, and there was now 18 000 dan toed with a Troughton and Simms theodolite rate of $15,000 lump sum in both instances. As there was only room for the projecting arms

fitted with micrometer eye pieces reading to debarture bolders. of two of the hoists to go between mani and funnel, the rate from the hoists was about a ton a minute. Coolies supplied the rest, about you tons in all in six hours i believs. · Other can

say whether this is good costing; it is certainly quiet.

SABANO TOWN

Fereira opened the scoring almost im. mediately on commencement of play, but in the wild excitement which followed this goal to the is a cradl: to the Deich. On the bill are end of the game, at least o dessa good oppor, residences, - along the shore the native tunities were thrown away by both the Lusitanos town, clean, bat warm and dusty. Just

able to carry

· Bangkok.—There is no room, for outaldara from Bangkok to this, the regular liners are arriving here with part cargoes as a cons quence of the recent dispute between the local

been takes up for a voyage from Phoumpeni rice merchants and their customers

Castle. To carry cattle the sa. Amigo' bas

to Manila and Iloilo at $7,500 lamp sum,

Nowchwang/Caston-Two" charters, bare Transpired, mtos obtained being below what

In reply, the Chairman said, emphatically, I and estimating to and each angle was that up such thing had ever been suggested to read 6 times on each vornier, making a total of the board as wleding-up the company. Speak 12 readings. The largest error in any triaegle its first chairman, and as having been associat observed is 9. Any triangle with an error lo log as one of the founders of the company and 11 13" and this occurs in ons only. The largest error in any of the other triangles bitherto ed with it for all these years, he said, most

excase of this will not be accepted and the 13′′ emphatically, that they should reprobate as suicidal any attempt to wreck the company by error has not yet been corrected, 3 stations proposing liquidation.

baya bean fixed and 33 of these hava bien valu- || Mr. Bakers I enggested sale primarily, noted; most of the others have been observed to was last pald. and Corinthians, the fatter eventually winning over the hill one gals on to the flag winding Peg, the Chairman said that, touching taken from them. All observations have been promising short while ago, ste now reported and in some cases some observations haya ben Northern freights, which looked somewhat by 4 goals to 3, after a very hard struggle. waters of the Ocean agalo. It is pretty enough Coaticuleg,

The teams that played yesterday were comfor a stroll, but without work, might prova a the absence of dividends, this was owing to takou on to dishe; by a mirror in sunlight ; no practically dead, and there is very little mpya-. posed of

wearisome place of residence. The Dutch have the abasnce of freights, due to the trade on the night work has been attempted.

ment in any of the Northern trades, pakenkty The work would have been much more for. But bow often can it not be shown, even in the

Coal freights are suffering is consequence L.R.G.-A; J. V. Ribeiro, F.-L. Reza, J. M. jabe gerins of paternal government and keep the coast of Chinn having been depressed. That Instance underdiscansion, that the interference of C. Lopes, J. Rora Pereira, O.A.0. Rod town very clean and tidy, parthen roads, in depression had affected all compauler on the ward but for the heavy cloudy weather in May of the overstocked market and the slackmuss its foreign representatives is dus solely to deliber-riguez, E. Laitan and F. M. Roza Pereira (goal), babitants respectful and orderly,, soda med China cost, and, farther, had been more or and June and the rains during the whole of the freights generally. The following fixtures are Ate attempts nu the partˇnt Chios, to evade the

reported Haiphong/Swatow: $200,⠀ Waka- O,Y.C.-R. O. Witchell, C, J. Cooke, G: el of tidiness. The street-lamps are appar-less universal. To now show the white feather, summer responsibility of her pledged word? We do Witchell, T. Logan, Carl Duoji, E. Rose and ently potrel with locandescnt mantles. Good when things apparently ware beginning to

The area covered by the triangulations matro/Canton Saço, Decokaton/Hongkong not wish to labour the point; if only because in · F. Helgh (goal}, "

pathe load from the residential

part of the towD andeavouring to eradicate the ass of epiom,

that any company board could be guilty of, 48 miles East and West, the Chinese people are entitled to all sympathy 87th Company, Royal Garrison Artillery, and lently designed, and of that solidity which and this board would not be guilty of. They and encouragement, Bel. for ibat reason we the Corinthian Yacht Club v. Victoris Recrea characterises the Dutch. Far, far beiler than must have patience, or, if the shareholders had C. AGOSTI *ELLI, & barber employed at Mesim. would emphasize the necessity of open dealing tion Club, will take place this work. The fight Tanjong Pagar, from the tourist's point of view not patience, they must take means themselves Campbell Moore's saloon, was charged in the at Cantong. foriil the present opportunity, be | which will be put up by these teams in their en- |-hát an though created to make' a" port,” sod, to replace, the board by santher. But to Bad Police Court on Monday with alleged assault flat slip it may be long ludaad before such unë? deavour to get into the dual will be worth watch. | Dot a self-made port:?s

fault, and to blame anfons as if there had been on a hawker. The case was remanded, bait 164 na ali (que teams are vary synuly matched".

BAİSTANBASEMENT GE.YANI di Miention, wat (ha, hoing siigned in the sum of 11.

The semi-finals between the Bust and the to the beach, and all the public works are awek mend, would surely be one of the mesoest acts already completed is about15 miles Nonh by $2.00, and Port Courbet/Caston $2.00 per ton/

Sail Tonnage loading or to load For Bal more and New York: Briti barque 2,971 tons met, reg, to load is September ber. Brit ship Juleopelia” nisa kons to load in November/December/S

Sail Tonnage Disengagedy Departure of Saliers à ***

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