1886-08-07 — Page 3

China Mail 德臣西報 中國郵報 All

No. 7180.- Aðavar 7, 1886.]

Tas following letter was received in reply Tax Shanghai Mercury of the 2nd Instant ton better written by a foreign firm at one of confirms the rumour that the Chiness woodTransport Meefon has bean bhartered by the Coôt poris, complaining that a certain the China Merchdiste Co. for two months, telegeso had not been recoived. It shows after which she is again to be employed as A transport Our stemporary further

Tientsin liue.

THE CHINA MAIL.

That competition is the soul of business, glance that this adjustment of price would vigation is very diffuit, or rather very questions to ask which I shall be happy to but that a rate of freight to Bombay of 3 have been more readily effected in the caso slow. The route to Lao-kai may now, horner. But I think mself the agentints ou of silver than in that of other productions; | over, be followed without danger and cant the whole show so well that we have no- cents a picul can hardly be called busi-and there can be little doubt that such merce carried on without risk. The Chinese thing really to explain. Gentlymeo, Lan- mess in any sange. “

would have been the case and free trade Commissioner Cloneral for the delimitation: duds what few words I have spokon by Silver interests, however, were so powerful Resident:

nt Superior et Hug, has been ay sporl and statement of accounts to the that they succeeded for a flue in main pointed Fresident of the French Commis 1st March last, submitted horswith, thining the value at an artificial points and on the Clinton, for 20 years and they are herby adopted. who the adjustment did como as it was and known the Chinese woll, official and

to second the Me : bound to do, the rapidity and readiness-trained ralations and the weanghing pleasure to nesend the propsaltion fondo

Great hope is entertained that| molution, Gentlenion ghes me great with which it was effected wore such as to tha.

ha progress the native mind in making in heara aho will bo put on the Shanghai- † cheque for 8495, drew the money, and. That if the possessors of Bank shares will ruled in the dealings in this article. The of the frontier has non arrived. Mr Dillon, moving the resolution- That the directo

thes nequisition.€. English 2-0:

In reply to your favour of this dalɑ wo acetrorry to bay, that the messages from

The Singapore Free Preis takes the liberty of calling the attention of the Colonial

Concurs

sailed was noveractived nur affee, fi pus Offers. Patt-nent Secretaries to the flow. words, extracted from a Speech of Lord haps last by the rotransmitted station. To Salisbury, delivered at Leeds on the 18th say with reference to the Telegraph consez-ltimo:-fem can manage that which their own immediato daily life, tion that you shall be in accordance to which cotxerns deir own locality, far bring the receipt to sending station, reely bottor than those at a distance can manage ***Hongkong station" and you can get the it for them, and even if they do not mad-

age it better, + refond of money. Any meses arved or suit, they manage it in a manner

to their own

n tastes, and they hero so late as you lastruct many hours or submit to whatever inconveniences are with a much better grace. Our Писоквату one day; so reason is that in amor contemporary adds We have ever con- Raining and thunderstorm at very place, sidered

ttheory. and if this caused our Telegraph line working in gain many pounds of loce experience worth

duly appreciated

by our law- and oblige, Batisfactory complimenta."

makers, gifted though they may be, it !might prove of benefit to the general public. Losal experience is not picked up in a day, or oven in &few months, and riding a hobby to death, as is being done now, is no proof

Was moro

REUTER's egents have made a mistake somewhere. In the telegram, published hero announcing the completion of the Ca-of its common sense." binet we wore told that Lord Stanhope had been appointed Secretary of State for the Tur Singapore Free Pren of the 31st ultimo Colonia. In the telegram of the same regrets having to record the death of Cap- tain E. M. Smith, who died at his so- dato circulated in Shanghai, nothing what-sidence from the effects of an apoplectic ever is maid of Land Stanhope or the Captain Smith who was one of the oldeat attack on the previous Thursday afternoon. retaryship of the Colonies, but it is and most repected residents, has done a nounced that Mr Edward Stanhope has great deal of useful work for SingapoTO. been appointed Secretary of State furt the Tanjong Pagar Dook Company made It was during his term of management, that Home Department. Which are wotobolove such rapid strides to its present pitch of Commenting on the Shanghai version, the prosperity, and at the time of his death, News, which had formerly expressed itself he was engaged in directing the importal.

roclamation works, which are being carried as being in complete ignorance of who Me on by the Tanjong Pagar Land Company Henry Mathows war, says Reuter în- The Straits Times

besides being a Justice of the Pero, bold forms us that the Salisbury Cabinet is com- plete, but if it is, the appointments to some important offices haro not ronched us-the Secretary for the Colonies, for one. Me Henry Mathews soms to ho vanished into space, as Mr Edward Stanho is Home Secretary. If the Shanghai telegram be correct, the suggestion of our morning contemporary that it is the Hou. Edward Stanhope who has been made Secretary for the Celonies and not Lord Stanhope, will be entirely upset.

a for

all

bat held on to their property, hoy may wee a reaction simost as remarkable as the depreciation, the nne boing the spe- cial osteome of the other.

bo

Tur Singapore Free Press of the alat ulumo reports another forgers A Bombardier of Allory, named O'Connor, who kept Major Lavia's cheque book and was in the habit of writing out the bodies of cheques for him to sign, forged his signature to a

the last stanter to quietly went off Australia. The Government refuse to pay? the expense of prosecuting him; the Ar- tillery say that as he has gone, he is a good riddance; and the amount stands to the debit of the Major's account! Swiveling Thnk it in whispered that a large number and sloping off will coun bo the in sach place was to be on the shares must be acquired at any price by cortain parties hetvoon this and Octobor to ind & convenient steamer to distant places. The imitation of the Major's signa-That the ability of the Hongkong and

ture was, we are told, very exact.

Whanpon Dock Company to construct supposed, that the East-particularly the epidemic has had a boneticent effect.exabendsome day shall see the

Tadia and China-could readily become in The low French Residents who died an end, I gunboat of the type of the Filipinas almost bottomless

be remembered that I sad hacked by dysentry. end of that too. Our affairs aro Very satire speaks volumes for the high riate of, effl- of silver. Dat is pit for the recuption had strandy

Olina India

a cin Silver from abroad

'FRAGRANT WATERS: MURMUR. That the death knell of Quarantine in this

fort has buen rang.⠀⠀

affaira, and spond our money as we think beat, the quation of a Civil or Military Governor reed not trouble us much.

That if we are allowed to manage our own

That when a physician depreciates a man's

property by advice given to a patient, the least ho can do is to define the evil complained of and point oat a remedy, That the Sanitary Board has been strength

enod, but that the new members will have a hard fight of it to carry their now ideas into practice.

That compassion for the sick and the suffer- ing is generally supposed to bo the mov-

That as suffering is seually relieved without

ing spirit of every public-Bospital.

sirict adherence to red-tape rules and formalities, I am slow to believe that things are dous differently here.

was turned away from the Government Civil Hospital owing to some clerical oror in the order for his admissions.

ciency of the staff and plant.

of

progressing.

by

to

surprins all conneen of. It is hoped ions that caiad while the first Commision, run far out man, is very astiainotory, so the result may lead to some international working at Langaon will not be renewed on fad that this hauk is arrangement which may make the prosent the frontier of Anna

is just one diffulty which we have K- position lees unpleasant than it so enem opidoria euses has been allayod. In fact nial barks. It is the instant fall in the t Barkong the fear caused by certain countered in common with d other Colo- It has often been

; bat ivismuch as mest evils come

got

now in.

A measure has just been passed autho

The

то

rezolation was then

carried jat and without discussion by the

That one such successful construction will fit giving their products in return for rising gambling, houses in the principles were askod," and "some.

probably mean many others, and mugh new work will in consequence como this way, to the benefit of both shareholders sad public aliko. That, although Mr Thomas Jackson did not soe that his name was daly insorted in the list of those present at the great Guildhall Beception, he was there, and Mr and Mrs Jacken were to lunch with the Queen at Windsor Castle.

on

No

only

And how is China to produce for ox- contres of Tonkin. The number of the houson is not limited, but all EuropeLES, porting purposes much more than she now dost, until the adopts modern appliances, women and childron ato forbidden to enter. formal business having been conducted, and apdaru means of beansport! In The exclusive right of opening gambling the proposition of Dir Whkere Boyé, of houses will be sold by auction to ono ormonded by Mr Gulf, a hourly rate of India, it is true, the opening up tho country by railways his been going several farmers in each province. The cost thanks was accorded to the shaftmen and

slowly for vive, weil der people hare of a listrace is, is a f 0 fre for the directors for their past servious alas comumced to use modern machinery, principal towns, at 109 fr. for the other so that she is really beginning to increase her localities. productions materially. China, on the other hand, has not area began to do so, and may not make any general more for ten or twenty years to come.

What we bate said about the present maitode of the trade of the world

debtedness of the world to the chiof

will show how little likelihood oxista that

THE NEW ORIENTAL BANK CORPORATION.

We have received a copy of the Report and Balance Sheet prezented by the Board

Chairman, in acknowledging the wurpliment, said

said-On behalf of the board

I beg shortly to express our

the shareholders for their ligations to towarda us. We have done food wishes our best. An Bor myself, it had been. rather an up-bill work. You must know, most of you, that I was tho original founder of the old bank--- That some names appear often inconnection and of the enormous and increasing in

in fact, I may say the whole

system of with such matters, and other names do of the gold-using countries, Great Bri, of Directors of the Now Oriental Bank banking in the East, for that was the fint. flompt at carrying on barking, and in not appear: nad that some people socotain, many be strengthened by the figures Corporation to the zoond ordinary annual 1 was able to take a very promi to manage differently from other people. given below. Reflection on those figures mosting of the shareholders, hold at the sont part at that time.

Now the te mafortang which happened to the Griestil That the so-called 'Special Commissioner England will consent to adops angsland. Head Ofico, No. 40, Threadneedle Brest, Bank tes indased me to cons forward dad for Hongkong for the Colonial and Indian ard which would have the effect of London, on the 2nd July, and also a copy give help to the best of my ability. I am Exhibition failed apparoutly in getting lossening the earld's indebteness to it. of the report of the meeting. From the bound to that every member of your

to Bay Tiure are no signs present that his portrait in the Inst inue of the the world intenda to rest at its existing

former we need not extract more than two board has given his best and greatest atten- tion to the affair of the concern, in fact it Graphic.

Gmount of indebtedness to Great Britain; or three paragraphs to show the healthy would not have been what it but for that and apparently the only limit to its desire condition of this lately-horn institution. They have taken upon them--such of them to borrow gold from her in the himit of her the latter we give nitrost in full. The Direct responsibility, and they have dis desire to load. Even sufparing and rectors' Beport says:-

charged their undies ably and faithfully, and with das regant other country adopted a silver stand.

interests,Bat. your full of so long sa the world had to tarest, income-tax, rebate, exchange on ard, he demand for gold could hardly

After payment of working expouses, in- gentlemen, while we accoph your good vishes to ourselves, we think it right to buy it, or its value, to wond Goat forsign assets, and making full provision mention to you we don't ask for a resoju- of ite dues for bad and doubtful debts, the nutt profit for on the subject, because it is of bo are ever augmenting. The fall in silver, so far, as we can see, will stop (inchliling £652 76. 10d, brought forward) importance to the officers employed by the directors in one sense, but we think it right when it has reached a point at which a

to mention to that our success in

you ended 30th Septem which the staff under us have conducted with when new and exceedingly large supplies of

paid in January last, and gold have been discovered.

(Hear, hear.) One of y colleagues has taken

his našia should bare on; but he

but he has brought

bari with the Ezorcaniile

iile affairs,

es says:-Oaptain Smith, That it is said that a sick British seaman That the Surveyor General, with his usual courtesy, might have a for scats or

· boucher placed on the Megazise Road, That a mall bamboe bridge on tho read at Causeway Bay would also be a great con- vonionéo to the numerous pedestrians on in

Beveral important, pubne proceeding of which he resigned before home a

tow years ago. On the occasion of his retiring froin the service of the Tanjong Desk Company, in addition to the grant of 220,000 voted him by the Direc torate, o was presented by the Com- pany's employes with a massive service of plate valued at $1,000, and the Pilot Community also presented him with aeroral pieces of plato.

One important matter we have to look to

is that the Colonies are really satisfied with everything we do in connexion with the question about which Sir Cooper Key has spoken-that is, defence. I have looked into this matter for some years past, and I a hound to express a totally different opi- nion from that which I gather, was riz., that the expressed by. Sir Cooper Roy, viz., Colonics are satisfied. I do not think are. Nor da 1 280 that we have always met their views and proposals on this sub

a frank in jeet

cordial. spirit. I think we have missed opportunities. I do not mean to imply in the least that this is the fault of any individual. It is the fault of the system I will recall the recollection which Mr Graham Berry of uy gallant friend to the matter about

bas spoken namely, the guubrate that were constructed

AT the discussion which followed the road. ing of a paper entitled 'The Poderation of the British Empire' by Sir George F." San Francisco, Was recently had some bitter Rowen, Governor of Hongkong, at a mest- experiences from the ravages of fire, anding of this Royal Colonial Tratituto on 15th the opportunity has been taken advantage nitimo, alluding to the anbject of Colonial- of by a Chronlete reporter to show the in-Defences,-Captain J. U. R. Colomb, said:~~~ perfections of the fire-extinguishing orge nisations in that City. He paints out, first of all, that the community had lalled itself into the belief that its appli anges and system were sufficient to cope with any emergency. This belief has been sadly dispelled, however, several very large and disastrous conflagrations having occurred within a few weeks or months, and the Chronicle reporter has elicited from the Superintendent of the Fire Department the defeats and shortcomings of the system As we are somewhat afraid that the inso- rance companies and community generally in Hongkong have been lalled into a similar falas sense of security, it may not be altogo. to command the following thermoade

with regard to the San Francisco Fire Department to notion When the department wor

by the strengthened by addition of

engines, perial Federation~- tracks and hose, we could and groat alvan-

regard to this rather the tage in the use of a water tower. These towers are:

are in nas in large Eastern cities The towers are made telescopie, in two are tions thirty feat long, and can be extendoda

Lor shortened at will. They are so amnaged that they can be altred while they are in operation without stopping or affecting the flow of water. The flexible nozzle at the

two

their

top.co

ou be altered from the

the ground and the strands thrown in any angle or direction desired. When the tower is extended it

And

for the Victorian, Government. Wo are all aware that there was a great deal of friction created

rated by the action of the Ad- mirally comerning thous

ships. Ido ពង think that such an affair tends to Tm- The reverse. quation of defanos, 'I

em obliged to say that I differ from the opinion of my gallant friend. It is a bold thing for me to say, but, being my opinion, I my it, I gather that his doctrine is, that the Colonia are to defend their own ports, and we are to give them advice and oficere, I am not inclined to think that would prove durable arrangement. Having talked to colonial Ministers, and to our own Minis tara, of both parties, during some years, I think myself that the colonial

On

That it is a pity that any occasion, however

slight, should be given fer such slalo monte in a mercantile community liko this.

That the public and those who know some- thing of poor Jack are glad to see that the welfare of the sailor is further engag ing attention.a

Taat inuch has been done in this dizection {、 by the supporters of the Temperance Ball and the promoter of the People's Con- ceris, and. that it was ungracious to as- sume that the Reading Room in the Sai- lor's Home was the first offorts of the knd

that short-cnt.

That it is sincerely to be hoped that Baltran,

payment

amounts to £34,013 1.

A Scond

0

the daring forger, will get fall into the greatly larger consuraption is induced, or share for the halm) Dividend of ds. per.tirely to the orgy and ho

eluteles of the law.

:

That it is probably well that this Karong- tổng has not been overhauled, as the master has a great reputation for bravery and independence.

Macao.

BROWNIE.

(From our Corresponderi.)

MACAO, 7th August 1886, Yesterday, at 6 o'clock, there arrived here the new Govenor, Firmino Jose da

1841-15

AVREAGE SPORTS FOR

1536-40 about is

BRITAIN.

5,000,000

1946-40

$1,000.00

·1851–85

2,000,000

2850-40

121,000,000

1881-65

(232,000,000,

*BUMIEM DØR DY THE FOLLOWING COUFTRIEL

United Kingdom British Colonies Frajon

Germany...

Low Countries... United States

Bumis

AURITIE

South America.

italy

· 322,000,000

bor,

1885,

Was

the Board

end

now recommend a further divid- our affairs.

of a por share, also free of income My Mindonald Krominent part.

tax, payable on 16th July, 1888, making a total distribution of 5 per cent. per anamm on the paid-up capital

tance

Terp

how We carry of

I don't know

been abla to

The Board also recommend that all di- an amount of practical ected

3088 affaire

vidends payabla at the Braucher be paid Bost, and a knowledge of i

free of local income tax."

الا

The preliminaries of the meeting being which has been of the highest value, and dollengus would like I have no 568,000,000 over, the Chairman, bir William Walter doubt to agree in what I state with rogard 913,000,000 Gargill, mirī 20

1979

ELROO

... 83,000,000 001,000,000

1873

42,800,000

$8,000,000

30,004,000 as,000,000

32,000,000

2,000,00 14000000 21,800,000 8,000,000

That the entertainments lately organized. by the Seaman's Chaplain and his friends, and this new Beading Room at the Home Costa, on board the Portuguess gunboat and Best of World... 15,400,000

-together with the one glass of beer kindly sanctioned by the Bishop are all good things, and deserve encouragement. That there is room enough for every tune

for good in this direction. That if it is the intention of the Govern. ment to carry the Bowen Road to a junction with the Pok-fi-lam Road, the most expensive part of the road has yet to be built,

.!

That our Detonces are likely to receive mare attention from the Salisbury Gov vernment than from the Liberale, and that an early opportunity should be taken of pressing the matter on the now Socro- tary for the Colonies.

That as Russia sens to be again bent on mischief, if qould be advisable to sou the

Rio Lim. The coremony of taking over the Government will take place to-day at

4 n'clock at the Sonate House. The new

Governor is a military man, a colonel of

engineers

This is his first government.

It is that he is a very enlightened.

тап.

The strike of the junke continues un abated Nothing new has taken place. The trade is almost stopped. The Dow lekin station on general goods has not col- lected yet a single cash.

Sir Robert Hart continues to remain here; he is staying in the Hing Kee Hotel.

A FEW NOTES ON SILVER.." The depreciation of silver is undoubtedly the subject which is now engrossing maat of the attention of people in the Far East;

Scandinavi

and Fortumd Turkey

13 BOROND

2715,000,000

225,000,000

290,000,000

Total £350,000,000 £2,787,000,000 TRZNE WORLD'S PRONUOTION CEP GOLD AND KILWIL

GULIN

18509,840 18339:197,941

1884. 292.609

BILLBE $111,871,823

1113,223,873

£118,147,876

+ WORLD'S COINAGE EXCEPT FOR INDIA, MEXICO, PRATIL AND JATAR. WiD.

1982......£ 9,697,170 183 £104,945,114 160.....£9,450,240

agree in

BOW

Mr Macdonal

acdonald. (Hear, haar.) Thou it may seem to many of you almost is waste of rode to allude to our ablo secretary, Mr dolide. He is well known to almost every gentleman connected with the bank, and to his untiring energy I am at a loss to tell will you how much of our success is die. local staff abroad at every place, and I could Hear, hear. We have also

a most e Excellent

not put my hand on any place where we tre not well served. I think we shall continue to have, by giving fair treatment' &nd

1 encourgement to the stat we posscas, – a of men to conduct our affetta good class

broad, for upon that the whole success of the undertaking depends. (Bear, hest.)

I Gentlemen, I beg to return you our hearty thanks for your kindness. (Chicora.)

The proceedings then terminated,

ot

Gontienen, it is not our fault that our 160,000,000 meeting is held just now, at a time of so 192000200 much political excitement but what we 101,000,000

98,000,000 have got to say I do not think will add very 86,000,000 much to the excited foulings of those who 65,000,000 may be excited by politics. Ours is a

peaceful mission, and I think you

in thinking that, this report is a very good one (Hear, hear.) If we met you laat June with a satisfu

Fuctory statement of the condition of the company, we

we have still Kreater

pleasure moeting you this with au recount of our second year's Fear operatione. (Hear, hear. You will find in this

report that in almost every item of the exceed. accounts the amounts have greatly ed those of the last annual report. You will see, I think, from this report how carefully the directors have attended to the Juterests of the shareholdere, and that by a continuauce in the sorta we make, aup.

THE SILVER QUESTION. who. ported by those of the shareholders

The following remarka appeared in Front come to advance the interests of the coast's Flustrata Newspaper (New York) old not takes place euong the very in 7th Febrnaty 1888, and as they embody

there is no reason why this rhould foremost of the Indian and Eastern institu- some prophetis utterances which havo bean tione of the same kind. If you look

SILVER. £10,785,734 £109,308,208 £9.038,143

In an article in the Nineteenth Centuryma gazine it is stated that the rest of the World is indebted to Great Britain to the extent of from £1,500,000,000 to £2,000,000,000 sterling, from which it draws an annual tribute of from £60,000,000 to £80,000,000

Those tablo mmeked with an are taken from the 19th Century, and those marked with a from the Cen temporary Enview for April 1885.

NOTES FROM ANNAM AND TONKIN. L'Avenir du Tankin of 24th July, just to

com-

the

fset here reinforced and the long-promis- and its importanco may justify a few received, contains some news with regard to we paid you last year but the which added that this terrible depreciation of

od torpedo-boats come to land.

marks, even if thead are not new or are That the proposed Breakwater on Kellot open to question. So many theories have Rank will w improve the property of been set forth of the canks of the drop in marine lot holera st Kowloong, that the silver as well as of its cure, that it ie not lucky holders might go halves with the easy to hit upon any aspect of the question Guvernment in paying for it.

that has not before been presentad,

accounts you will find first of all that we too fully fulfilled, they go interesting are able, notwithstanding the great fall in mough to be reprodneed. It may be the exchange, which has gone down since last year, to maintais the dividend

gross proft,

talver has continued despite the fact that the progress of French colonisation in Ton-which was thou stated in the scouant at the United States hai hesitated to abandon kin,

itené

is

The anti-silver-coin Bill reported in the

come a

roachas sixty-five feat from the ground, and are just as competent to giveisters the water in thrown with such force from these matters as to take it. Thers is an- That the Prays Extension sasine seeme to one or two considerations have not, perhaps, ageleulture, commerce and industry of An- stated at £981,000, and this year at about latin blow at silver is the only way to bring

the nozzle that it can rosch any story of a other ides, and one of which we have to

building Another advantage of the tower rid ourselves, namely, that we have the

in that it is self-sustaining and can be placed brains and they have the money. I think

in position inside of two minutes from the there is a great deal that might be practical

w up in front of

time i

o

it is dra

log.

have been consigned to the limbo of received sutficient prominence. The Can forgetfulnes.

casian races--European, American, Austra

las tower is raised from a build-lusions at this moment in the direction of That if we had a Military Governor, the lian, and Colonial-are by far the largest Hanoi which will take place about the and gradually rise in the first tieriod of Septem-up; that the President shall make

the bed of Imperial Federation. I have already drawn

the wagon by means of a large crank, which attention to the incident of the Victorian operates on a sat

in sat of cog-wheels at the base gunboats and the dispute over the flag. of the tower. When the tower. in iu post Now I think that shows we do not always tion either one, two, three or four stream meet the Colonies in a really frank spirit. can be attached to nozzles at the bas aзd

other Caucasian

Wee gloan from it the following var 166,000. You will find under the the defence of that motal:-

£54,000 this your has boon slated as ucarly head of deposite last year it was about 17 Among the official note recently published millions: This year it is 24 millions. Un Senate by Mr Morrill ought to pass and

dor the head of barking assets wo

we had laat establishing a Permanent Committee year, it was 24 milions, and this year it is of the world oughtage the silver currenty be reized, or sten for the study of subjecta relating to the over 4 millions. The capital last year was dead in volume, bat But

bat because this ener £530,000. Now you look at

at the memor England and Germany to thet Betgen. The hair and Tonkin. Among the rat business andum, put at the bottom of the report of Bill provides that trade dollare shall beyo that will fall to this Committee will be the the continued advance in what we call the ived at the Treasure at their face vahe

asts, you will observe they d paid for in standard silver dollar

dollars that organisation of the proposed exhibition at

shall not be re-issued but shall be fight between the War Office and the producers and consumers; while of these,

1864, from £100,000

Marob, P Admiralty would be equally fierce over the very largest producers and coo

of this year. This measure is to be followed 1886, when they amounted to very nearly overture for treaties with the ** Ladin

and the

ઠક been Union," and sumesra are the gold-asing countries. In the by one formulating the conditions on which very reial. You will tes every month to the general ouange of silver at a mod

progress this Praya Extension,

and England, Locking That there is no reason whatever why the clusively used as standard money, still plans Frenchmen may purchase ground for agi- the wards. All those thíziós

equstries, gold, If not éx.

increases, and it has

has never

cafio with gold, and if no such treaties tan to be made, then the coinage of silvor cultivating in Tenkin some of the market. I said before, that the bank may become There ought not to be a single vote in bank is substantial, and will continue; and,

States.

garden products of France.

the foremost institution amongst the banks

Congress against this Bill. Let us peremp gon businuas in the East. (Hear,arily abandon the defence of silver, and The question as to concessions of mines we are very posed to tell you that France and the Latin Union, which have

lioar.) We has been examined at Paris, the result of we have abatuned from any business other thousand million dollars wath of silver to ludis for these use has frequently been the examination being a thorough project, than a mere exchange agency connected afloat, will come to its ressus

with Australian colonies, because as it has

England when

anjonias cry out. is often seen in troublens times in gentry who pray on our junk trade, Ühing

upon as the standard of under our very oyes.

value, not

not only mining exploitation to the French residents, in gold-coining countries, but for the own rulera, That the Southern Viceroys are rapidly bule of the world. AN things are ulti- by procuring the necessary means to set seems to be increased

killing the geese that lay their golden mately measured, in a monetary sense, in anch enterprises in motion. It is hoped comparison with gold. Now, the vastness that the mineral riches of Tonkin may yet

a perfect flood of water pumped through Says the Singapore Free Press of the Sist the tower by the engines. A building like the Crocker or Bancroft structure would be ultimo:-The progress of our fortifications Asoded in a

masy has hitherto been a mhject of congratula- a very few minutes and hours of hard labor inved. The towers castion. Major McCall's very satisfactory ex- also be used in case of fire in various planation in Council of their prezent state where thus doors are heavily freighted and not only deserved the compliment in danger of feaving

who hire at the time, but justified the public

in on the fireman,

9 in

the

aria, but as cultural purposes. Already tortain French gene

Military or Naval authorities should act a large part, not alousilver-wing Fant, it men have set themselves to the task of Lead us to hope that the progress of the dollars shall be abandoned by the Tnited

the part of the dog in the manger in this matter; but that they do, nevertheless. That it is said the North German Lloyds to have now offious and godowne erected for them on the Praya

treasure. Even in the is well known also that gold bears a very ex-King Theebaw's lares pestates-and still grant value for ornamental purposes-vitress Kroaters an easy and safe means of storing up of barding away wealth without fear of deterioration. The steady dmin of gold

tond

and,

hen her Indian So

dolonies

would otherwise 93 compalled to enter the entertainments which were subsequent Thatsome of ourgum horta might be profitably noticed; and this esse desire, to hoard which M. Bert has amended in such a turned cut a very vere depression has in pain, and her exchanges with the East employed looking after the piratical gold, Gold therefore must be looked! manner as to give special facilities for affected all the business of those colonies are ruinously embarrassed There are not

building

:

given to him, previous to his departure. The frank statement authorised by the Govoruur has drawn from the Hong-

In addition to requiring more steam en giner the department is in need of at least one chemical engine. This style of engine kong Prote anything but complimen

extensively naod in the East and attary comparisons with its does excellent work in the dry goods di. trict of New York. It is worked on the by th

the farther same principle as the Rabcock fire extin

large tanks filled with the fluid ars

where local discontent of mazzie-loading

artillery, which notwith-That His Excellency of Canten

and the aid in use in the same. waiting Meanwhile and whilst we are mored to a light wagon, which cau be yet out of hard, it wont to be're not

the

E

10

Jest

articl

Led by

praparing further inundations and misery for the Chinese people.

which

of the CBR105, Ox-yield a tempting harvest.

tion is often supposed

done

im-

hut

All

gold is

have suffered no loss, sud than by that we have bees in no way wnnected with it. If

$3,000,000,000

werth of silver it. If money in the world-we-thirds as much as the time should com, and I dare say it will there is of gold. It is less perishable than come soon, what this depression may pats gold, less fluctuating than gold, and mare of extering our operations in thoas colonies sains for which Jank-notes ans botter than over, then we shall consider the advisibility convenient to handle than gold, except m

for

is still at continus: at an

if we see it to our advantage to do so; but her. The world's aantal ind of silver is standing the

be satisfactory to

to do so, plains the enormous and work strengthening the Barriers, and of rrodnation and consumption on a tour round bis protectorate. Be into our other brancesave led conduct- duct of gold mines, which has varied fro

far more steady and uniform than the pro The Resident General, M. Paul Bert, is we do not come under any pledge Bol and ever-enlarging from place to place with as little know what steps are being taken to supple-

that is to say, the volume of business done

ed satisfatorily. We have good assets fram two millions a year to ong hindred and trouble as a buggy. The hose conneded to ment our forta by the necessary stores of

has increased to a prodigions extent. Al vinil among other places Haiphong, Beevery brinch, and the staff who carry on seventy millions o tanks is lighter than garden hose mad grain to meet a blockade of even short

duration. As we pointed out in the be- That the slow parages out and rapid pas though the rapidity of modern communica- nini, Suntai, aad-Tunk-lish. After this duties to our entire satisfaction, and worer coinage by oe, gold will greatly re

this business have all attended to their

Of course,

with the abandonment of the ong man can lead in a stream to the

trouble. ginning of

and to have firestory building with little or

officient defences aro

gca home of the French mail steamera with the necessity pl keeping large afoot trip through Tonkin ha is to take up his have a The engine is always ready for new and

and of little arall

the

aro source of inconvenience to the it most ha horns in mind that this has been residence s Hus, the capital of Annam, to Wothing to say adverse to any of thera. in price. Those who imagine that. outward foe,

lost one offer 27 We have lost

Fery promising daticnary in price aro subject the illusion thors is no

eis no gatting up of steam or cosnost if famine 'pinches the belly of the in-

A little valve side ing to a hydrant required.

young man at Calcutta, but not from any of the passenger who fancies his ahip in population, and that

corresponding public, inasmuch as the in great part counterbalanced by the growth see how his puppek, the King of Aqua, local disema as far as we know. He suffer-dationary and, the shero is moving awe it was the

doty

of the white r races and the Couse

Consequent greater touched and the flow of the fluid israga of Government, we argued, to take such Ivo mails arrive from Europe in one magnitude of trade. It may be readily under has been dancing to his strings.

ed from an old affection of many years old has considerably augmented in price lated. The chemical engine is of immense precautions as would secure at least a three week (instead of weekly), and frequently stood, therefore, that the world' that sher of bannus, in the provinces of Bioh-thean health of all the gentlemen employed abroad iver in the hat decade. Before that, stoska of The military expedition in the Both standing, an unfortunately for us he died (measured by the ultimate standard of vallo berest in incipient fires and in cases of fine Wo there within a day or two of each other.

are much productions between walls and in stores where a stream rica. Wo were told, at the time, that

time

Is other respects the human laber) since Germany repudiated used to be, although not so great as they and Khanh-hoa is making progress, Phan- is of water would damage the entire building. I was a very large stock in the place, owing That the theory is that the French steamtramrat bare been but for the wonder Ri, the capital of the ferner province, of satisfactory, and they are full. Pren and did shared the birden of the

to the quantities required and stored the rice mill; bat owing to various caUBCO,

are allowed a certain quantity of coal for provement in the team of transport,

Bud vigor wish. It happened

them, each tending to our affairs world's polaznic HMS Zepher, Lieutenant Comininder these have ceased working, and, therefore, the round voyage, and that they eco-e remember that the world's stock of gold having already been occupied. It is last year I made a remarks on nearly 85,000 each baring Hope, returned to Singapore on the 29th it is more than probable that they sel

of or two on the many's betrayal of the white metal threw increases but slowly, while it has

has year by be longer.

notaise outwards in order to have the want to do a businem which enlarges at a that the mandarins are flying before the understood a little " !_ ultimo froni kier oruise to Labuan,

load more hold the supplies

was perhaps

ere upon the yellow cola, which were then necessary

I mentioned

Елоквирив more fuel for a rapid ran home.

rate than the supply of gold in- troops and that the native popolation the directars bad selected all the gentlemen void coesioned by the withdraval : The for them to carry on their trade. What is

increased in valos to fill the far greater

Lae the

creases, it follows that, an all valura ero COMMANUES зcence Ching, who for ment been made or test thought of, by

present stuck of rica Has any arrange. Tist although the pleasures of home may measural by gold, adjustment of prices is are hailing the French with plesnim of the old establishment whom they desired result is that the tangibis proper some time commanded the Daring at the whigh it could be available to Government

property of he acceptable to the officers and crew, frequently necessary. It matters not when they are waiting them free from the to take over, and some of those who were the world has been reduced in Chins station, has been appointed to tas in case of emergency? Have the necessary

this arrangement completely upmate the ther the article be silver, or wood, or leath tyranny of their chiefs. Unfortunately the tended to star impitation on those we fare meant 100 coute, ma in meant only

not taken over thought the remon

remark mada foto

value; the laboring man's doller, which be command of the Eagle, drill ship, at liver ate

atopa bogg taken to seonre. storage

er: its salus will be adjusted by compari- expedition has already coat the life of List did not

take 0167. I should

Like

to correct 94; the Rothschilds and the owners of the for the

required! And what quantity

Ban with the stock and tensnt Fayseaux, who was drowned along that, and say the reason why thoongentle froid of the aula, have bood it swell in le this estimated at We have no That with the increasing number of mailing, of mouse that the

did not take over were not t

voleme on their hands Tes traits Times of the 31st July regrets doubt that there are

their hands without an effonj here are many who may lines it behoves the two stablished ser production of the article is sorus), Now with two las in trying to pain the bar of men we

WOLS because we could not

And

terioh have her and the to have to announce the death of Mr W. ridicule the above questions, and look upon

vices--the P. & O. and M. Mtoto while this adjustment of prices of most Phui-Ri.

with fais has been going on

all. Some of The progress of the Emperor of Annes for them

of them have Trany, 2nd Officer of F. E. & A. Telegraph these precautions as innecessary even vi

productiona Co's 8, 8. Resorder, who died on the morn-sionary hat we maintain that they are as more reliable than ever in their arrival steadiness for several years back, the one through his dominions in aid to be pro- appointcasts elsewhere, and 7 billere all 4

some lamratalo are gentlenes

of the highest res propia abould stil further Aggravate tha ing of the 80th at 7 o'clock of typhoid fever much a part and parcel of the plan of forti- dates, both out and home.

article, silver, has almost entirely escaped ducing excellent affects on the minds of the of this adjustment until towards the end of people, but the fatigues of the

esteem of those with whom they legt on which cielization has always stood;

they were of a tale associated (Hear, hear.) I have no doubt, but there is apparently no way by whitiz works for the establishment of a teality, and the honest manner in which one of the tossons for the tremendous

ly hoary fals in the price of that me graphic line are being pushed forward to gemalen, you will be atixious to bring to we can correct it, exept by agreeing to it has performed the mail service is de tal during the past few months, and of ward Dong ho made ponerete an end today meeting, and poantly potoe the insane measure in hope that bis resul

There are few new incidents to signal on members present may have something to ing misery may bring Europe urdily to bit serving of the warmest public approda the consequent demoralisation of Exchange ton and support.

rates in London. It night you at first the upper Red River. At this moment us say on the question of the mocounts, or hava setena. Let the Bill plazo,

weekly mail service.

-

in every way we

of the staff which

the

that

happy the

Lound

inrent, but u

Peter len <days" illness. Deceased arrived |, fcationsäs šite supply of voals is to's steam: That the P. & 0, is really a marvel of pass year. Here, we fancy, may be found indisposed the Raperor. Yage has spectablility, and destve all the respect arippled condition by jdtarching one of the

thers last March with the Recorder. Heer, and in iguorence of any prequations was stricken with malaria fever, as were inring bem adopted, with respect to snob

imons of the Europesus on board, when the an important question, we hope we may be ship was on survey daty along the Anam

and Tonquin coste, from whence she turned about a month agu

forgiven if we arge the Goverment to take

pa to lighten its darkness, while peace, still seems to beat upon us

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