time Taikoo ce to-
r-so
POST.
WEDNESDAY, JULY 17. 1
3tinued unrestricted import and -export of silver dollars to correct the vagaries of the tael, and the free circulation and acceptance of mple dollars, and in this the Govern- hich ment might assist by withdrawing de- its discouragement to payments to the the Treasury in the Colony's legal insender.
Its An increase in notes accom- nt
panied by free circulation of dol- lars interchangeable into notes nver
and general observation of the gives
fact that silver dollars are legal eens,
1ender in this Colony would ap- value
pear to be effective almost at once hing
in bringing down the Hongkong isted paper dollar to its true value.
It is desirable to retain bank- the tain- notes, and its temporary increase more might be facilitated to the issuing com- Banks by the grant of less onerous conditions for an excess of the spori | present amount, subject to a olled gradual reduction to a figure prov- ed Led by experience to be sufficient gn for the Colony's requirements. ating
This is by no means an exhaus- on in tive review of the situation, but im-sufficient facts have been exposed uan-to warrant an examination of the problem by the Government. Per- Ants haps one of our unofficial members nces. of the Council will take the matter n to in hand and move for a Commission s re- to explore the matter in all its as- ation pects, or preferably a currency ex- and pert might be engaged to report ittle thereon.
out Years ago a situation detriment- here al to the interest of the Colony in part reference to small coins was correct- cured by the action of the Government, ler's and it now lies again with the Gov- y of ernment to take such steps as may
of be necessary to remove the handi- in cap which now exists to the trade bast of Hongkong.—Yours, etc.,
OBSERVER. Hongkong, July 16th, 1929.
he
ote
Fir he
ly
he
Flowers, and Funerals.
Benevolent
YUNNAN FIGHTING.
Terrible Havoc Caused i
Yunnanfu.
EXPLOSION AFTER ATTAC
Peking, July 16 Delayed messages from Yunna fu paint a lurid picture of str fighting in that city, aiter wh powder magazine explos a wrecked large areas of the c including the French and Brit
Consulates.
The explosion occurred on J 11. The British Consulate w most of its contents was enti demolished. The Consul, Kirke, was injured, but not s ously.
un
It appears that troops Generals Ho and Chang inva Yunnan from Kweichow, marched on Yunnanfu, wher
force weak defending
atter ed to beat off the attack. The vaders got into the city, and th was much fighting in the stre followed by the explosion of powder magazine. There are further details yet. Reuter.
[An exclusive cable to S. C. M. Post last week gave facts of the explosion, and its sults.]
THE COLONIES.
Appointment of Mr. Hartshorn Foreshadow
London, June 2
The Times to-day features article by its Parliamentary respondent, forecasting that the conclusion of the Simon C mission's work Mr. Vernon H shorn, M.P., will be invited to Office and the Colonal Office the Cabinet, when the Domini
be definitely separated.
Lord Passfield will continue act as Secretary of State for Dominions and Mr. Hartshorn take charge of the Colonial of
national Settlement."-Yours e
China
Branch.
M. F. KE Hon. Secretary Association, Hongk
Statement.
On October 5, 1925, the Amer
Consul-in-Charge at Shanghai dressed a letter to the Munic Council, on behalf of the Dearl Independent, inquiring whether expression "No dogs or Chi admitted" appeared on any p signboard in Shanghai. The of the Municipal Council wa
Council Chamber, Shan October 13, 1925.
Sir, May I express my agree our ment with Captain Baylis admir- ut-able letter in your issue of today? tive On the occasions of these re- melancholy and unfortunately not uncommon processions to the is cemetery, we cannot be but struck by the deplorable waste of the money that has been expended in wreaths of fast withering flowers. Tram- be compared to its rival of Shang Perhaps but comparatively few June hai which has earned handsome of us appreciate the splendid work profits all through this period of that charities such as the Hong- tempt- depression in China. The secret,
kong
kindred and ervice is, of course, partly in cheaper societies are doing. Their work is seway prices obtaining
always unobtrusive, perhaps too in Shanghai inion, where the wage bill is not sub-by them is expended in lightening much so, but every penny received ject to inflation of anything up to the burden of someone to whom the 15%, and in the eircumstances it world has not been overkind. is not surprising that work is at- Would not the money expended in years tracted there.
wreaths do greater good if spent deck The causes for the anomaly of in keeping the living, and would mior- a "promise" being superior in not our late comrades be happier loops value to the "performance" in this if they knew that instead of a mass
fololws: issue are undoubtedly many, but of dying flowers being heaped on their last resting places, someone will the principle cause would appear who sorely needed help had obtain e the to be the inadequate supply of ed it? would bank notes for "trade" purposes; com- the value of bank notes emitted is much returned in millions, but what pro- agers, portion of these millions is in trade circulation is unknown, nor is the total ascertainable of the huge sum hoarded by the Chinese in South China as a protective their measure against the insecure and ed mercurial paper of their own Banks, and their coin of varying and doubtful values.
This is a wonderful tribute to ter.
the note-issuing institutions of Hongkong, but they are possibly not performing fully the service histry
intended by the Ordinances au- awa" n on thorising their respective note is- im-sues in that an important percen-
e was the quite the most
R.
Old custom dies hard, but if in- stead of the wreath the cost of it eculd be sent to Captain Baylis for distribution, what an amount of real suffering would be alleviated.
Tomorrow, from entirely selfish motives, I am going to make a start. I am informing those few, alas! very few persons who in the event of my decease would be like- ly to send a wreath, to forward $2.50 instead to Captain Baylis, for though I can think of little good I have done by living, I will then in my last hours have the consolation that I have endeavoured to accom- plish some little good by dying.— Yours, etc.,
CORONA.
"
and tage of such notes (larger than Sir, I think many of your Sure-most people think) is being utilis-readers will thoroughly endorse all have ed to a purpose foreign to facili- that Mr. Baylis has said, re Flowers
tation of trade by its permanent and Funerals.
since withdrawal into the Chinese equi- I hope something will be done to have valent of the French peasant's stop this habit (for has it not be
and stocking.
come that?) of sending stacks of ngers This unexpected use of bank- wreaths, ordered from Flower lent. notes has kept Hongkong currency Street, by the office boy to the at an over silver parity, and a position funeral of everyone of note who n.p.h. in taels, originally contracted for dies here. ours. trade requirements which did not y air eventuate and since carried on speculatively, has intensified the difficulty by keeping up or even in- st an creasing the premium barti-
Sir, I have the honour acknowledge receipt of your 1 of October 5, addressed to Chairman of Council, relativ an enquiry by the Editor of Dearborn Publishing Company to whether the expression "No or Chinese admitted" appears any public signboard in Shang
In reply, I have the honour to form you that no such notices Posted in any parks or in any of places under the Council's juris tion, furthermore, careful vestigation reveals the fact that such notice has ever appeared
the International Settlement.
A
For your information, I have pleasure in handing you herev three photographic reproduct of notices posted in the vari parks and gardens. The Cou would, accordingly, greatly preciate it, if when replying to Dearborn Publishing Company, would emphatically point out such statements as these are ent ly false, unfounded and unwarr able and that their publication strongly objected to by the Cou and the Foreign Community Shanghai. I have the honour to I fervently hope that no such Sir, You obedient Servant, wreaths will be sent to my funeral
(Sgd.) E. S. B. ROWE, Secret Attached to these letters if I die in this Colony. For those who feel that they would like to facsimiles of the Regulations p send a floral tribute as a lasted outside the Public and Res
Hongkew Park, notes, a natural and normal con- send flowers of their own choosing, Jessfield Park. They are sim
respect to one they loved, let them Gardens, have sequence of weakness in the ster make a wreath with their own
in terms, and the quotation of erful
ling rate in Shanghai vis-a-vis a hands. What a world of difference set will suffice: tak-relatively unmovable rate in Hong- between this method and the pre- and kong.
sent (to me) objectionable method fully In other words, the premium of in practice in Hongkong!
Hongkong notes is primarily due It is surely quite simple for the bove to the demand therefor exceeding relatives to insert the words "No perts the supply, and in a secondary flowers by request," and the custom dent manner to the speculation in taele. would die out. Yours, etc.,
ac-There
are undoubtedly other very causes, but whatever they may be, e no the fact remains that a departure in of a currency from its parity,
4
it is
etc.,
B
rain
in
emi,
for bank
PEAK RESIDENT.
That Shanghai Notice.
PUBLIC AND RESERVE GARDENS REGULATIONS 1. The Gardens are reserved the Foreign Community.
2. The Gardens are opened d to the public from 6 a.m. and be closed half an hour after night.
3. No persons are admitted less respectably dressed.
4. Dogs and bicycles are not mitted.
5. Perambulators must be c fined to the paths.
whether a rise or fall from its basis of value, cannot react other wise than detrimentally to trade.
The question is full of intrica- cies, and a satisfactory solution even more so, but a remedy might be found in an increase in the is- sue of bank notes, and placing a curb in the speculation in taels. The latter might be reached with- out great difficulty by agreement
"Truth-seeker" claims to have uch between the Banks themselves but, seen his version of the notice in the for obvious reasons, it cannot be 1916, whereas the notice board pli-effective unless accompanied by quoted bears a date in 1917. As to 9. Children unaccompanied tice measures to meet the trade re-that, however, I would draw at- of quirements of Hongkong in res- tention to the categorical statement nly pect of banknotes.
in the letter of October 13, 1925, Neither will an Increase by it- from the Secretary of the Municipal self in the issue of Bank notes Council that "careful investigation of remedy the situation unless ac-reveals the fact that no such notice to companied by a certainty of con- has ever
appeared in the Inter-
Sir-With reference to the claim of your correspondent "Truth-seeker" to have seen in 6. Birdnesting, plucking flow 1916 at the entrance to the Bund climbing trees or damaging tr gardens at Shanghai 2 notice shrubs, or grass is strictly reading "Dogs and Chinese are not hibited: visitors and others admitted." it seems desirable to charge of children are requested pudiation, and I therefore enclose publish once more the official re- aid in preventing such mischie 7. No person is allowed within copy of an official statement on the band stand enclosure. subject.
but
8. Amahs in charge of child seats and chairs during band p are not permitted to occupy formances.
foreigners are not allowed in 1 serve Garden.
10. The Police have instructio to enforce these regulations.
By Order, N. O. LIDDE
Secretary.
Shanghai, September 13, 1917.