HONGKONG CURRENCY.
Professor Hinton's Second
Lecture
THE HONG KONG TELEGRAPH.
A
SECOND
EXTRA
HONGKONG, SATURDAY, MAY 8, 1915,
.NEW MOTOR BOATS.
Built by Local Builders.
Ma. Ia Peking there were three taols besides the Kuping. Pro fessor Hinton gave details of the weight and fineness of these taels and explained the "Shanghai Conventional Currency in datait. An interesting exemple The second of Professor Hin of the way in which
Messrs. Showan, Tome: & Co., ton's lectures on Currency was tael got into wide us was the use have sont to Canton for delivered at the University yos- of the Sze Ma taolifer dealings in service there, the Motor Boat terday. There was a large num foreign bar silver in Shanghai, "Keechong," 25 feet long, 16 ber present.
The compradores who went up to inches extreme draft and equipp After briefly reviewing the Shanghai when it was first opened ed with an 18 Horse Power Brooke ubject matter of the previous were Cantonese; and they took Motor. Lecture, the Professor mid that it their unit with them. After giv. was impossible to deal exhaus-ing further instances of varia vively with Chinese currency in tion of the tast the lecturer went one hour, or indeed at all, with on to consider the second kind of the materials available. He re primary money. commended certain books for de- tailed windy, and proceeded to classify the currency of China in accordance with the scheme laid down in the firel lecture.
Primary Money!
token coins.
Tacis.
/
There
The Dollar Foreign and Chinese.
were two classes of dollara in circulation, the Chinese and the foreign. Of the latter
The boat on trial in
TO-DAY'S
LATEST WAR TELEGRAMS,
FRENCH COMMUNIQUE.
7.
Costly German Offensives Repulsed.
May 7, 8:35.8.m Kowloon Bay, with eight persons past fortnight attempted three great offensives in Belgium, the In Paris it is officially announced that the Germans daring the on board, and in a choppy 800, attained a mean speed of sight Mouse and the Carpathians, with the object of impressing neutral knols at 860 revolutions per minute. The boat is built by W. 8. Bailey & O., Ltd. the Motor being supplied by the Owners.
countrida.
They failed everywhere, and their losses in Belgium and France mount to over thirty five thousand. Six of their best divisions have been decimated.
..
FAMOUS RUGBY FOOTBALL PLAYER KILLED.
May 7, 2.30 p.m. been killed in aation. The famous ragby football player, Mr. B.W. Poulton Palmer,
FRENCH COMMUNIQUE.
Another German Attack Falled"
May 7, 2.30 p.m.
A Parie communique states: A German attack on Bagstelle completely failed. At the rest of the front, notably northward of Ypres and the region of Vanqacis, there are violent artillery duela.
VOLUNTEER ORDERS.
AN IMPORTANT CASE.
Lieut.Col. A. Chapman, V. D.,
Corp Orders issued to-day by Alleged to be an Agent of San
Parades:
Yat Sen.
LIFE IN A U BOAT.
„Commander of Pirates Dives His Impressions
CAPTAIN FINED.
Russian Steamer with
Uncertificated Passengers.
The Assistant Harbour Master Commander Claus. Hansen, of Lieut. Commander Davey R.N.R. the U16, describes in as inter- Oharged Gustave Baiding, the view at Kiel with the New York master of the Russians.s. Boyerin, World correspondent, Mr. Karl before Commsader C. W. Beck von Wiegand, how the German with RN., at the Marine Court ade" of England. submarines carry out the bluck this morning, with unlawfully mander Olaus Hansen who rank ship, in the Harbour without s It was Oom carrying passengers on board his
the British steamer Datwish and passenger certificate on the 26th the French steamers Ville de Lille alt. Defendant was Blood $300. and Dinorah.
Alleged Obstruction. Lance Sergt. John Mose charged In regard to the life in sub- the master of a passenger boat, marines in the present "block-with unlawfully being the outside ade" of England, he said: "It bost of more than five boats lying is fearfully trying on the nerves, alongside the 8.s. Shinyo Maru, Every man does not stand it. thereby causing obstraction in When in the vicinity of the the harbour, on the 7th inst. The enemy, or when weather condi- case was dismissed. tions make it necessary, we sub-men merge. First, we close all open- inga, then we pump the air to a certain pressure, I observe the barometer for several minutes to see if the pressure gose down or not. Then the boat is all right that means also that it is water tight, and we go down. Running andersea there is a deathlike. silence in the boat, the electric machinery is noiseless, and the water is a good sound medium;" so that it is not unusual to hear the propeller of a ship passing over
or near me.
CORRESPONDENCE.
[The opinions expressed by the correspondents are not necess arily those of the "Hongkong Telegraph.")
EVEN IN WAR TIME." (To the Editor of the Hongkong
Telegraph),
Sir,With reference to the Amalgamated Society of En- gineers National Menace. I beg to offer a few scrapa, for reflection.
Was the Amalgamated Society of Engineers at all times hold extraordinarily responsible for the safety of the nation?
there were, the Carolus dollar of in hand an auxiliary Motor Boat W.S. Bailey & Co. have also only 402 grains, current at Wubu to the order of Captain P. Going, The lecturer Bid that there and some other places in the the well known pilot, for his own were three kinds of primary Yangteze; the Mexican Dollar use in the pilot service of the port has metallic money in Chin, viz. current in the ports and in the The vessel is 30 ft. long, 6ft. 9 taels, dollars and cash; some of province of Kwangtung: the ine. beam and, in addition to the cash however, were nominally Engkong Trade Dollar, which mast and esil, is fitted with a 25 was not very popular but had a Horse Power Kelvin Motor. The certain amount of circulation in arrangements of the vessel are There were nearly as many taels the North where a great many specially designed by the owner sa there were cities. Primitive foreign dollare had been intror reliable and efficient deapatch weights and measures were never duced by payments made during of the duties of a pilot boat. uniform and the natural differ- war time; the Fretch Piastre ences had become stereotyped which was rarely found in Hong. in China. The tael was a weight kong but was said to be used in like the English oance. It varied Yunnan. All these were of about from Shanghai, taking their according to locality, and accord the same weight viz. 416 grains, wealth with them in the form of ing to the commodity measured. and 000 fine. The Chinese pro silver. The Ta Ching Bank It was also varied purposely vincial dollara had not largely closed down, hut the bank of according to whether the user displaced the old currency but Hunan and the cash shops busied was buyer or seller. This seemed were used in addition to it, what-themselves in supplying de a perfectly natural way of taking ever the intention of those who fioienos. The former issued Ts state
"We ateer entirely by ohart a commission, in a country where issued the new coip. Before 1910 73,000,000 of notes without any
and compass. As the air heals, the earreney to be paid, and the they had not been successful, adequate reserve. The balance
Smoking Concert.
At the Police Court, this morn-it gets poor and, mixed with weights to be used, were as much bat since the reforms which of trade was adverse, and the Concert will wear khaki drill granted in a case in which Heung atmosphere becomes fearful. An Members of the Corps'attending ing, a remand until Monday was odour of oil from machinery, the a matter for bargain as the preceded tho
Revolation, Gresham's Low was also in (jackets and trousers).
How many thousands of the quantity to be exchanged. The they had become quite popular in operation, whereby the bad
Shu Lung, alleged to be a rebel overpowering sleepiness often enme Bad Breed have loyally buying measure often got heavier many places. Thus Szechnen currency drove out the good.
suspect with connection with Sun attacks new man, who require done their duty in the trenches, and heavier as one went into the Hupeh and Peiyang dollars were When the day of reckoning tant: 6.40a.m. and 5.30 p.m. Right extradition by the Chinese awake. Day after day in such
Parades for Monday, 10th ine Yat Sep, is asked for ander the atmost will power, fo rem in since the war storied? opantry away from the big all current in Exechuen, and at eame it was necessary, as there Section M.G. Co. drill at Head-authorities, Soeatres. Tais was the money-pur. Generally speaking there were no réservés of silver, quarters. 5.30 p.m. Signalling
obanger's way of paying their was a tendency to trest all coins to convert this issue
Mr. W. B. Hind (Mr. G. K. Hall is hardly room to stretch the loge, cramped quartera, where there as bullion, of weight and fineness cash notes of different denomics Headquarters Corph Grimes, There are alto allegations of mur with the tremendous strain on into Section-Musketry Instruction at Brutton) appeared for the defence. where one must be constantly alert, expenses.
English members of the audi more or less guaranteed by the tions from 5000 to 100, and RE. will attend. ence might understand the nature Government, but needing the redeem these in ten-cash copper
the nervos, I have eat or stcod of the last from the following corroboration of a private chop.coina minted for the purpose,
Signalling Section. illustration. Tae Troy ounce of
for eight hours, with my eyes Until further orders the Sign- The third kind of primary meantime patting a gound silveralling Section will parade ating on Monday morning at 8.45, into the brilliant glass un'il my glued to the periscope,, peering English gold was out by the Mint money wes the cash. This brass note issue into circulation through Volunteer Headquarters on Mon- when it is proposed that the eyes and head have ached. When into nearly 3.89 sovereigns. Now coin was the coin of the people, the Bank of China. This appeare days and Fridays at 5.30 p.m. Crown Solicitor will make the all English, soooaats might be and an enormous amount was in to be going on satisfrutorily. for Musketry Laetruction and on extradition application: kept in ounces of gold: it would existence. The apnasldemand wai In these two provinces there Wednesdays and Saturdays at 7 only be necessary to divide the very great. There was also a great was now a sound note issue on a a.m. at Volunteer Headquartors present accounts in pounds sterl-deal of counterfeiting which was silver basis made by the Bank of for Signalling Instruction. ing by 3.89, (the Mint price of made easy by the fact that the China, and the situation with gold). This would be something people preferred cash which had regard to paper darrency whe like using a tael currency, but in been cast to stamped ones. The inproving all round. Speaking of the oase of Chias the task was not copper token coing which were the redemption of the Kwantung necessarily the same quantity of supposed to take the place of the notes the lecturer agid it was metal in any two sets of airoamstrings of cash were also part of equivalent to a composition of NEWSPAPERS IN
Tonight at 9p.m.a promenade stances, the metal of which it, this money and circulated at or 10- in the pound. The lose bad
Concert, is being held at the was composed was of variable about their ballion value. The been thrown on the community.
Headquarters of the Hongkong fineness, the coin was not always purchasing power of cash bad It spoke volumes for the slate of
Volunteer Corps, Garden Road to at its Mint Prios like a sovereign. declined enormously and the poor Chinese finance that it could be The Greater Cost of Production, which the Officers and men of the Well Known Taals, Government people had suffered greatly from regarded with some satisfaction Presiding on March 31 at the Shropshire Territorial regiment
in the case of the tas! there were blem. There had been much Newsvendors Banevolent and the programme the consequent rise in prices. As a solution of the cairency pro annual general meeting of the bave been invited. Following is various local poouliarities. Cash counterfeiting of notes, especially Provident Institution, at the
1.At the Piano, Mr. G. Grim- were deducted from the string the military notes. Besides all Memerial Hall, Farringdon-street,
ble.
and Mercantils,
than others,
!!
Detail,
On daly, H. K VAR.
WARTIME.
In this large numer of taols some were more widely known There were three well known Government taols of to pay for the cost of the string this paper there were the no es of the Hon. Harry Lawen referred which two were in almost an- and for counting.
the foreign banks. These were to the cost of newspaper produs iversal use. The first of these This deduction varied from place too well known, to need much tion in so far as it was affected by was the Haik wan" Or bustoms tael to place. In some places it was comment. It was possible that the war.
Fb:7
of about 581.55 grains. There the ecrvention that every single they were issued to some extent The difficulties of the trade were very few exemples of cash settled a debt af two. All in place of drafts, and this, with were very great, he said. Not only this tael which was purely a these forms of primary money their superior portability, fini were the costs of printing in money of account.
Concma were independent in practice. and security, would account for creasing, but the paucity of ad- duties were paid in the currency
Fiduciary Money.
the premium which they some-vertising and the general rise in Dealing with of the port at a fixed rate of ex
the second times commanded over the silver administrative expenses had change with Heikan Taels. The division of the Corrency, Pro coin which they represented. affected every department of the second was the Kaping or fessor Hinton mentioned the As to the subsidiary token coin. newspaper industry. There wast Treasury Tael. This weighed great antiquity of the custom of It appeared to be as par popularidea he thought it wass about 576.8 grains, and was also ating is er money. As was once nowhere, having been issued for popular delusion that a war theoretically 1,000 fins per mill, the case in European countries the most part in quite reckless brought many advantages to This tael was fast that amount of the business of a banker might profusion to a people who newspapers. Nothing that could fine eilver, in no matter what be undertaken by any one who preferred form billion or spacio or fancied it. The cash shops issued transactions. ornaments. The chief interest of notes of absurdly low denomin the Kuping teel spart from its wide ation which rapidly depreciated.
cash
der and cutrages in the Kwong tang province.
The case will come on for bear
ENTERTAINING THE :
SHROPSHIRES.
21
2. Song. Selected. Pie. P. W.
Goldiing. 3.Humorous Bong. Selected.
Mr. W. A. Hannibal. 4-Quartette, Selected. Plo. Allan. Corp!, Brown, Pte, Gray and Corp. Smith. 5. At the Piano. Mr. B.
Sutherland. 6-Song "The little Irish girl." L-Corp! R. Brown. 7-Humorous song, Selected
Pto G. WO. Barnett. IVERY INTERVAL.
3-Quartette. Selected. Pre Allan Corpl. Brown, Pte, Gray and Cori L. Smith, 9. Recitation. Selected. Ete
J. M. Walker. 10.-Song There's a land"
(by request). Pie
#cambe
That people in times of peaco of war give little credis to Com- who manage and order munitions
responsible in time of war. mon Trades People for being
That we aristocrats have ac- tually sank so low as to sobout our Skilled Latour sins on the Breasts of the Godders,
the crew is worn cut we seek a cur Government is rather popular That drink, as prescribed by
good sleep and rast under water, in the Honours list, the boat often racking rently, with a movement like that of cradle. Before scending I always order silence for several minutes, to determine whether one can hear any propellers in the vicini- ty through the shell-'ike sides of the submarine, which actelike a sounding board."
Commander Hansen explained that the speed of Geramay's latest submarines je as much greater than that of the U. 16 That it will avail n steamer of ave age speed little to attempt to Ace
What is the longest you have been out ?" the interviewer asked.
Commander Hansen hesitated I don't know if the Admiralty would like me to tell. I was out (blank in telegram) dare last, but have beep out 21. He de clined to say if that was a record.
rea:
Yours, etc.AK
Malcolm D. Kerr,
Marine Engineer.
EUROPEAN'S PLIGHT.
"Woman Fouad in the Street,
The police report that yester day a European woman who gave,
name of Myrtle Nicholas, Pe daar's Hill, was found in an un- conscious condition in D'Aguilar Street. After being taken to the station she was removed to the saylum.
Companies off the Register. It is notified in the Governmeal Gazette that the names of the following companies have been strack off the Register The Fook Hing Mining Co., Ltd. The Hongkong and Yaumsti Land Invertment Co., Ltd.: The Hon. kow Flour Mill Co., Ltd.: The I "What dezvous that the U. boots are Shan Co., Ltd. The Long Bang supposed to have somewhere on Ti Chinesa Curios Co., Ltd:: The the coast of England ?" Oum- Min Yuen and Co., Ltd.: The Po
sider Hansen anghed: Let On Steam Launch Co., Ltd. the English think so. The more their torpedoere keep hunting for that secret rendezvous the leas wo have to dodge."
To a query 86.15 how long the nwest boats can remain under O. Edg-water he said." Taze's one of the Admiraly's secrets, and I cannot
11. Humorous song. Selected,divulge it.
Gunner H. Relph 12-Song, King Charles
Pto H, I, Jones. 13.—Humorous song. Selected,
Ple. G. W. C. Barnett.
LATEST SHIPPING: NEWS
MOVEMENTS OF STEAMERS:
The .. JAPAN Bafted from Caloutta
For
for small be believed could be more beside the mark. At the moment there Deposit Currency,
were the enormous increase in Finally there was the currenty newspaper, production, the huge nee, was that it was the basis of This practice was now being dis created to move the products of expense entailed in gathering
on 6th lust and may be expected here on the Chinese dollar, which theore-couraged, but at one time it had Chire. The Foreign banke did newspaper news, and the general tically weighed 72/100 of a roached great dimensions. Then mach. As to the Chinese banke, decrease in revenue through the
about the 20th instan dizkake ka Kuping Tael, but was only 900 there were the military notes, there was room for an inquiry on falling off of advertising These
PASSENGERS ARRIVED. fine per mil.
which had been issued in such the subject but it appeared that three conditions affected the whole
Discussing the reports that the Ah Wee, Mr & Mrs A Burgamin, Mri
Nubia from. Bombay etc.-M The third Government tael was great numbers in the Revolution they financed the transfer of tea newspaper world, and they pre-
Englich intend to treat the osp Rayner, Dr & Mrs WT Woodman. Capp the Tedo Ping, which weighed Professor Hinton gave details and silk, the payment of customs, sented very difficult end serious
tored U boats orews, and oficers EW Scherk As McCallodic, Mrs Márabáll less than the other two, and of of the method
Min E Mitchelf, Mr Hurley, G H Davis) bee by which, and speculative operation on the problems to those who owned and
not a prisoners of war Hansen
Thos Meek, MrW Lawson hich the fineness varied in the these bad been converted into sexohange. Of the extent of these managed newspapers.g
said I can hardly credit that, TA HOWBIDA B Hendman, k different places in which
it was note issue bared on copper in operations the lecturer know
Brown Hias & Honally, TO The English are too chivalroua.row Strickland, current, od 11 Hunan and also described the re nothing. He would deal next Another Arms Case-
They know that we but obey or Mercantile Tacis, demption of similar notes.
Weddeaday with some of the steps At the Polios Conit, this morn
mibalev dera Anyway, it wouldn't alter Hooper. the Salt Gabelle iz Szt
#hich had been taken and somel ing. a Chinese was fined $50 for Accompanists: Mr. Geo. Grime anything. Even if they hùng Hunan when the Havo útlön broke of the proposals which were made being awful possession of ble, Capt. Lammert and Pie E. J. those they captured ore shall out the fiotal olmsen removed for future reform.
revalver":
our duty
Of the meronntile taels the most important were the Shang hai Hankow Canton or Sze
14 —Song, * My love is come,
Foldring $15-Aamorous Bong, Belected.