Entertainment.
THEATRE
ON....
Nyday a Advertisements.
IJ.
WILLIAM KELLOWAY, 'of Kow- LOON DEPOT, will Meet JAMES ROYAL, LUCKER to Box Twelve Rounds with Six-Ounca Glover for the best Purso that can be got in China, andor Qasonsberry
TO-NIGHT, November 18,
ONE NIGHT ONLY: ELSIE ADAIR
AND HER
Rulos,
Hongkong, November 18, 1897.
NOTEC E.
MR
2268
TR. THOS. WINGENT begs to offer hin Husrtfelt Thanks to his many CLEVER COMPANY FRIENDS for their kind expressions of
Sympathy in his lace Berezvement. BLUE BILDINGS,
OF
ENTERTAINERS, -
IN A
WORLD OF SONG, COMEDY AND DANCING.
Our last visit to the Oriont, Fun Logina at NINE o'clock, Chairs at ELEVEN.
POPULAR PRICEA
22 and 21.
Soldiers and Sailors to Back Seats only, Hall-Pies
Box Plan at Messrs. RCHINSOR & C Danghong, November 18, 1997.
ZUGS
Auctions.
PUBLIC AUCTION
ор
CHINESE PORCELAIN-&-EMBROID-
ERIES.
THE Gndersigned bas received instru Topul by Public Auction, on SATURDA Y,
the 20th Novombor, 1897, commoncing at 2,30 p at his Sales Roomie, Daddell
Street.-
OV'
COLLECTION A FINE CHINESE PORCELAINS & CURIOS, from the MING DYNASTY, the Reass of YENG-CHING, KANG-HI, KIN- LUNO, ETC., Erc.
Comprising :--
BLUE and WHITE and BLACK and WHITE Hawthon JAK and VAHER, BLUE and WHITE FOURE VANES, FIRE FIVE-COLOURED Vases and Jans, Bave and RD, YELLOW and GREEN and otherwias Decorator VASES and JA, FINE SANG DE BEUP VANKS, Decorated Cers, BowIS, PLATES, Ero, Ero,
PEKING CLONUNNE VASES, OLD SOOOO JACQUEST PERIR Sur DUTTLES, CARVED RAINEROS HORN, JA URNAMENTS, BRONZE, PORCELAIN SCREENS, ETC., ETC.
Also,
A FINE LOT OF SILE ENDROIDERIES, Comprising HANGINGS, EQUARES, MANDALIN COATS, PETTICOATS, ETC., Ere."
Catalogues will be issued prior to Sale. On view from Friday, 19th Nov., 1897. TERMS:-As Customary
*
GEO. P. LAMMERT, "
Auctioneer.
Hongkong, Narembar 16, 1897,
OF
2250
PUBLIC AUCTION
VALUABLE HOUSEHOLD FURNI TURE, ENGRAVINGS, ETC. HE Undersigned has received Instruc- tions to Ball by Public Auction, on
MONDAY, the 22nd November, 1897, at 2.30 pm, at No. 51, WYNDHAM STREET,...
THE WHOLE OF THE VALUABLE HOUSEHOLD
FURNITURE. Comprising:
:
18th November, 1897.
CHINA NAVIGATION COMPANY, LIMITED.
FOR SHANGHAL
The Co.'s Steamship
Bolour,
Oaptain SMALL, will be
Dutination
THE CHINA MAIL.
Vessels Advertised as Loading.
Fasola
Agents,
Date of Leaving.
Baltimore St, Katherine........Shewan, Tormes & Co. Quick despatch, Bremen & Port of Call Bayern (a) ....... Noridaptacher Lloyd Den. 7, at 9 a.m. Kobú and Yokohama. Idzumi Mara (0) Nippon "YuBar" Kaitha. Nov. 19, Bv4p.m. Kobó and Yokohama. Ocampo (8)................. Dodwell, Carlill & Co. Nov. 22, at 6 p.m.
P. & O. 6. N. Co...... About Nov, 20. London................ Manila (6).....
Wise & Co.. or. 20. London,v. Forisof Cal Kintaak (s)....
Bou Bold & & Swire. November 23. London, v. Suaz On Antsoor (e).....
Butterfield & Swire... November 23. Loadun, v. Suez Canal Sarpedon (5)......... Marseilles v. Saigo Oceanien (8)
rias Maritiue Nov. 24, at noon. M'ssillon, London, &c. Kanagawa Maru (a).... Nippon Yussu Kaisha. Nov. 20, at 4 p.m. Nagasaki, Kobe & Y'ma tukio Mara (8)......
Yusen Kaisha. Nov. 24, at 4 Nuw
Hall (6)...... ....... Abner Ooh
Oohura..........
New York.
Portland, Oregon, &c.}} San Francisco
New
Braemar (
York.
Franoisen, v. Lapa
(8)...
8. Francisco, v. Japa Belgio{4}ions Shangal... Buthow (s).
Shanghai and Kobe.... Trisato (a).
Shewan,
U... About Nov. 25.
Nippo Carlill & that Nov Armbergato. Quick despatch.
Budwell, Carlill & Co. D. 14, at noon,
Toms & Co. Quick despatob Showan,
Mail 8. 8. 0.
0 Nov. 27, daylight. .0. & U. S. 8. O.......... December 7, noon.
Butterfield &
Nov. & Swire.. 2o7. 20, at 2 p.m. Hander & Co.
Nov. 20 afternoon.
Fugen Kaisha. Nur. 30, at noon.
S'pore, Ool'ha & Bhavinima Maru (9) O. 3. N. CAbout Nov
S'pore, P'ning & Ebay isat-i-Rindl (8)..
Sporo, Penang &21.
|
Soutos, Anoy & I
-
હું
despatched an above or SATURDAY, the 20th Instant, al ̄z ̄p.œu
For Freight or Passago, apply to
BUTTERFIELD & SWIRE, Agante. Haughone, Navoniber 18, 1897- 2263 DOUGLAS STEAMSHIP COMPANY, LIMITED.
www.
FOR SWATOW, AMOY & TAMSUL
The Co.'s Stormwhip
Hilong Captain HALL, will be patched for the above Puts on SUNDAY, the 21st Instant, at Daylight.
For Freight or Pasengo, apply to
2270.
DOUGLAS LA PRAIK & Co., Heneral Managera. Hongkong, November 18, 1897. CHINA NAVIGATION COMPANY, LIMITED.
FOR TIENTSIN.
The Oc.'s Steamship
Kueilin,
Captain HARRIS, will be
(9) (B)
Sydney & Melbourne Oui Maru (6) Tacoma (Wash.), & Victor (3)
Jardins, Matheson&C. Nov. 23, at noon. Douglas Lapraik & Co. Nov. 21, daylight, Nippon Yusen Kaisha. Nor, 26, at 4 p.m. Batterteld & Swire.. November 22. Dodwoll, Carill & Co Nov 30, at noo
(a)...Janadian Pic R. Co. Nov, 24, at noon. Nippon Yuson Kaisha. Nov, 20, at 4 p.m.
Tiuntain Vancouver
vor (1.0), Empress of India Wladivostock, c..... Sendai Mara (9)...
SHIPPING.
ARRIVALS.
November 19,
Zafro, British ateamer, 675, A. W. R Cobban, Manila November 15, General.— SEWAY, TUMES & Co,
China, Hawaiian tumor, 2,400, W. B. Sabury, San Francisco October 21, and Shanghai Nov. 15, Maila and General-P. 31. 8. S. Co.
Kangsung, British stemmer, 983. W. S: Stalker, Chinkiang Nov. 10, Ric and General-JANE, MATHESON & Co. Hainan, German str., froth Canton.
DEPARTURES. November 18.
Ancona, for Europe, &c.
for Haiphong.
duspatelled as ubora en luck Kian, for Amoy.
MONDAY, the 22nd Instant.
For Fraight or Panonije, apply to
BUTTERFIELD & SWIRE, Agents.
2266
Hongkong, November 18, 1897. INTO-CHINA STRAM NAVIGATION
COMPANY, LIMITED.
FOR SINGAPORE, PENANG AND CALCUTTA,
The Co.'s Steamship
Chelydry
Captain J. T, Davie, will be despitched, e aboye on TUESDAY, the 23rd Instant, at Noon,
For Freight on Passage, apply to
JAUDINE, "MATHESON & Co.,
Gineral Managers." Hongkong. November 18, 1897. £267 Oclidostal to Cikuntal Iboam"
Sky Company.--
TAKING CARGO AND PASSENGERS
TO JAPAN, THE UNITED STATES, MEXICO, CENTRAL AND SOUTH AMERICA, AND EUROPE,
V1A
2ND
THE OVARLAND RAILWAYS,
ATLANTIC & OTHER CONNECTING
YAAMERS,
Hermion, for Stigon.
Lermoos, for Shanghai.
Manson, for Kudat,
Avonguing, for Canton.
Doris, for Shanghai and San Francisco Astral, for Pulo Sebilsa. Loy, for Caaten.
CLEARED.
Menelaus, for Singapro and London. Furasang, for &moy. Independent, for Saigon.
PASSENGERS:
ARRIVED.
Per Zairo, from Manila, Ms Sangor, Messrs Llorting E. A. Blow, and J. Carstairs, 3 Chiocso Ladies and 76 Chinere.
Per China, from San Francisco, &c.. Mrs A. C, A. St. John, Mr and Mrs W. W. Campbell, Bliss Rowena Beans, Dr II. X. Shuruker. Misa Fay St. Claire, Messta W. Jocca, Thes. Halstead, Robt. Clark, E. FOVORA, D Sh Con Chung, and Osmond Tik, Kimball, A. Darling, U.S.A. Mrs Darling, Mis Hastings and waid, Mrs J. F. Ransom, Mrs J. H. Thorndike, Miss S. F. Richard- zon, Miss Halstead, Mr and Mes W. Hill, Dir and Mrs B. Ivison, Misa M. B. Bratton, Meat Mrs J. Caso, Missa M. R. Case and L. W. Case, and 046 Chinese.
DEPARTED.
POST OFFICE NOTICES. MAILS will close:-
www.
For, TUURSDAY ISLAND, TOWNS. VILLE BRISBANE, SYDNEY & MELBOURNE.. Per Oni Maru, Registration at 3 p.m.; Lettere at 3.30 p.m., on Friday, the 20th November,
For SINGAPORE, COLOMBO & BOM-
BAY.-
Per Hiroshima Maru, et 11.30 am,, on
Tuesday, the 30th November.
MAILS BY THE CANADIAN PACIFIC RAIL
WAY CO.'B PAUKET.-
The Canadian Facific Mait Packet Empress of India will be despatched on WED. NESDAY, the 24th Nov., with Maile for Shanghai, Japan, United Stator, Canada, &c, which will be load as follows:
4.M. Registry ceas. 10.49 A.M
Post-Office aluses, but Corres poudenes may be posted on board the Packet, with the Late Fee of 10 conta extra Postage, until the time of depar
110.
HOURS OF CLOSING THE ENGLISH AND FRENCH MAILS. When the Packets leave at Noon. The following hours will be observed in closing the Mails for Europe, &, by the English and French Packets, when they eave at Noon. The Money Order Offico, will be closed at 5 the day before.
-8.00 & Mr.--Posting of Priess Current and
Circulars cosaNA,
Newspaper,
(Prices Current and Circulara may however be posted up to 10 o'clock # they are tied in bundles, country by country, with the addresses all
Way). 10.00 Rooms van. 10.30-Pcating of 11,00
AM-Mall cloves. LATE LETTERS may be posted (from 11.10A.M.) with 10 cents late fee up to 11.30 a.m., after which hourthey may be sent on Board-with the same Late Foo
LOCAL DELIVERIER.-Separate Buses are Per Ancona, from Hongkong for Singabour provided for posting Correspondense for the Tow Kowloon and the Peak. The Botes pre, blessrs 1. W. Neabronner, F. W.
are unde the Window at the East end of the hibet, Whitley, A. E. Hubback, J. P.
Verandal Lacing. Queen's Road. Habhack, C. Glassford, II. 1. Talbot, Mr Mrs Justice Leach, Mr G. J. Stevens, Capt. A.
A. J. Woodruff, Mr J. G. Mactag spart, and Miss Slurp foot. X.
"Ther 1. McKenzie for Bumbay Scares for
for Brianist, Leuts, A. J. do Rem and I. G. d'Aluci
·SADDLE BAY DRAWING ROOM Stre. BLACKWOOD CORIO STAND, SPTIRE and FIA INLAND SEA OF JAPAN ANDR3 STOOLS.
MARINDUAK MADE OVERMAXTELS, with BEFELLLE GLASS BABY CHAIR OCCASIONAL TABLE
STAIR and HALL CARPETS, RUGS, TAPESTRY and Lace CURTAINS, Evo, c.
Fire Firessos DINING TABLE, TEAR SIDEBOARD with BEVELLED GLASS, DINTER WAGGON, DINNER and
SERVICE ELECTRO-FLATE and GLASSWARE, ETC.. Ex. FINELY DARVED TEAX BEDSTEAD, MAUBLE- TOP BUREAU with BEVELLED GLASS, MAKELE Tor WASUTAND, LADYS WRITING-DEAK, WARDROBE With GLASS DOOR, Ero., Erc.
Also,
A vzw FINE Eauravings,
Catalogues will be issued prior to Sale.
HONOLULU,
Provoke Harus Pion BONGKONG. Belgie (vin Shanghai, į
and
7, at noon,
Mr
for
Messrs
MEMOS. FOR TO-MORROW. Shipping. 4p.m.-Idumi Marulesvos for Koba, Miscellaneous,
Goods par Cantry not cleared alter-£
pm. subject to rent.
The China Mail.
THURSDAY, NOVENSex 18, 1897.
The publication of this issue commenced theyhole world, what would that moan. ot 6.15 p.m.
It regems of course so much more mancy in the world, Woll, the increase of population raquires more money, hot if moze is pro- duced than increased population requires, the only effect is to raise the price of every- thing without exception. Now imagine want General Memoranda.
MONOMETALLJET Writers, on the subject of an enormous mooint of money a the of Binetallina soom, judging from the tenor 5% of everything in the world would re- SATURDAY, November 20 :--
2.30 pm.getion of Chinese Porestsic of most of their articles, to hardly under-present, and people are just as happy sad Embroideries at Mr Gao. P. Lam-stand what it means, so they all write as if whother things generally are 6 %-higher or
Inerti
Register of Shares of The A, 8. Watson & Co., Limited, closed from this asta to the 27th Inst., both days lucluzive, Goods per-Ganges not olcared after
p.m. subject to rent Goods per Ernest Simons unclaimed after
this date subject to rent,
HONGKONG, TEUREDAY, NOVEMBER 18, 1897.
silver had to be bought with gold. Now lower, so long as they are not always International Bimetallissa does not mean changing. There is therefore no fear of buying silver with gold, or gold with silver, gold and silver swimping the world. The it meaua restoring silver as a measure of only safe measure of valug to take is value along with gold. They also write as what the Earth producus. Silver cannot be get rid of; it already exista da if the present low price of allver was a
a messure of value to 'such an extent
Goods per Glenearn undelivered after propf-that-it-is-an unstable metal to use it is impossible to get rid of it
this date subject to rent. MONDAY, November 22-
2.30 pm. Auction of Valuable House- hold Furniture, Engravinge, Eta, at No. 61, Wyndham Streat.
Goode par Hakata Mars unclaimed
currency, and in any case that a ratio of 16 to 1 would be an absurd ratio to adopt forgotting that the present price is in con- sequence of its not being used us money by Europe and America. Of course anything that people refuse to use falls in value,
after this date subject to rent, THURSDAY, November 25-
Interim Dividend of 6% on Shares, ofsured-by-tho-currency which they do?
3. Watson & Co., Limited, payable, use. If gold was to be given up as a cur MONDAY, November 20
rency, by say. France and Amorien, and Goods per Bayern sadalivered after they said, we will use silver only, would not the value of gold go down very con Biderably and silver go up }
this date subject to rent.
Quotations." HONGLONG, Nov. 18, 1887. 690 OPIUM-New Patna, cash,...
Old
osak, Now. Benaras, cash, 703 Old
19
10
"
12
New Malys, credit, 760/780 Allowanca Taels,... 24/48 Last Year Now... 820 Allowance, Taela.... 16/24 Old Malwa credit,... 820 Allowance, Tacks,... 16/24 Persian, Paper tied 680/700 Allowanon, Tamir,... 16/92
Exchange.
HONGKONG, November 18, 1897.
On London-
Bauk, Wire,
4 months aight,
On demand,
/11
*
30 days, siglat.
Oredita, 4
On' Paris-
On demand,...
11
......1/113
...1/114
26.1/11
...1/11
JU#
11
Documentary, 4 months' sight,
2.42 ... 2.47 On Berlin-Demard........... 1:961 On New York-
Credits, 4 months' sight,
Wiro, On demand,
On Calcutta-
On dom
demand.
Credits, 60 dayu' sight, On Bombay-
... 46% 47%
1491 150
1405
150
*** FOR
par.
%
Wire, " On demand, On Singa
Singapore On demand,
On Manila" On demand, On Shanghal-
On dema
30 days' sight, (privato paper) ... 741 "Un demand,
***
Gold Leaf, 100 fine, (per tel)... $53.50 Severolgas (Bank's buying rate) $10,20 Silver (per os.) --
2612
· HONMLETTERS.--The Post Office decline all responsiblity for suregistered Letters containing bank ncez, oir, a jewellery, and, where
A. Registret has bocu zeglected, wiLL EK NO
(Past Gale, Par 30)
Yanice, Mr T. Wyss; incom ENTIRE into alleged loaves of such, lettore
for Leadon,
C. Nibelt and B
B. 1 Rockett, Lieut. tj. T. HOCK
Messrs H. and Miss
d. Copeman,
R.L..
REUSSRATION.-Correspondenso can be re-
Naghi, h, TorsDAY, December | H: J., UK. Webber, 1|gistered for all Privals Slip resils up to five and Staff Commander R. II. Robinson inter before the lime for closing for the From Yokobanm: for Lendon, Mr Osmond Shanghaer Japan contract mails up to a quar-
โดยง Yokobanta
Capt
Shungus.
Desh, Daf, Dec. 28, Tonks. From Shupelni: for Marseilles,ter of a hour before; for maile for Europe,
14. Y
hama and Ell? Gaelic (7m Shanghai,
Nagaauki, Kube, SATCHDAY, Jan. 13,
IRUS, at noun. Inland Sea, Yuks has and 'lic).
UK Stamshly BELGIO will be ponal for B&N FRANCISCO,
Mr C.
C. 8. Champaces, and Master Walter North; for London, Mr Alex. Campbell, Mrs Campbell and 3 children, Miss H. White. Mesure C. R. Burklali and T.
Brower.
America, and Canada, de, up to an hour be fere foundian, Northern Pacifio, and Torres Straits pils, up to bulf an hour before,
rid SHANGHAL, NAGABAKI, KOBE.ing. V. Tanning, Mann, N. is the bler-ion-which-bas-boon-placed in the
"On rlaw from Safitrday, the 20th Nove 1897.
TERMS-A Castomary.
GEO. P. LAMMERT,
Auctioneer. Hongkong, November 17, 1897.
Letter parcels, &c., far Kowloon Foiul and Per Daric, for 'Shanghal, Mise Lichten- Me and Hirs Barratto, Messrs W. J. bert's
Etcameran Harbour may be posted in the Tyack, R. G. Farbridge, H. T. Bell, E. O. Generalast Office up to 11.80 8.3. and 3.50 Cumming, 5. M
M Wallace, T. Wallace, Ap.m. Lors from Kowloon Fuist uuy be posted N. J. McCluer, A. E. Biewart, Polios Curound outside the Charge Room ap INLAND SEA and YOKOHAMA, on Major Lombard, and Mr W. Dickenson; to 13 and o'clock, and in the Pillar Box at the 1 Chi- What. Local Rates will be charged. To aroid for Nagagaki, bir Keyanaji and
H. TUESDAY, the 7th December, at Noon,
for Kobe. Mestre N. Nebekra and robbery cuders of letters from Kawlow are re- Bicawers of this line pass through the M. Patell; for Yokohama, Miss M. Heo-questado caueel their stamps by writing the 2264 INLAND BEA OF JAPAN and call at masey, Mesara . B. Ploetz, W. B. Ander-word stiped across than Covers Denlaining HONOLULU, and-passengers are allowed to son, 31. Grate, and 1 Chines; for Sinon, &c., should be registered. No break their journey at suy point en route. Franciaco, Mesura A. P. Hataling and F. Sandagslivery
Through Pastengure Tickets granted to C. Hatsling. Ragland, France, und Germany by ali trans. prin. Atlantic Cues of Steamers, and to the cipal olties of the United States or Canadie Rates and particulars of the various
application. upon may be obtained
Special rates (first class only) are granted WESTWARD HO (lata Shirley), to lesionaries, members of the Navai, Millitary, Diplomatto, and Uivi! Sorrices, BONBAN ROAD. LARGE GODOWN on KOWLOON to European officials in service of Chirs and to Government officials and and Japan, PRAYA, Suitable for the Srop their families. ACE OF GENERAL MERCHANDISE
"Passengers who have paid full fare, re- or Coa
embarking at San Franelzoo for Chins or GODOWNS Nos. 72, 720 and 7%
PRATA ESHT, WANOMAL
To Let
TO LET,
NTACOMER,'" near the L. R. C.
'MA
Apply to
V
LINSTEAD & DAVIS. Hongkong, Novomber 1, 1897.
TO LET
Japan (
SHIPPING REPORTS.
The Hawaiian sinqazor China reports Strong N.E monsoon, with heavy rain squalls and hazy weather since leaving Shanghai
OFFICE NOTICES. POST MATIS will close:-
(or vice versa) within one year, wil For BANGKOK.-. be allowed a discount of 10 per cent. This aliouanes does not apply to through fares
from
Okina and Japan to Europe.--
4167
at
WELLING HOUSES—. DHAHAR LODGE, at the PEAK.
HOUSES in BITON TERRACE. GODOWNS in BLUE BUILDINGA. GODOWNS, PRica East, FLOORS in STAUNTON and Ezers
STREETS.
Apply to
THE HONGKONG LAND INVEST.
MENT & AGENDY O., LTD.
1040 Hongkong, November 10, 1897.
TO LET.
REGGAN, The PRAX FUITE
from 1st November.
CREGGA
Apply to
THE HONGKONG LAND INVEST- ::MENT & AGENCY O., Lrp. Mongkong, 9flokks 27, 1927.
Ali Faral Packages should be marked to address in full; and so will be resolved
Office until 5
P. 1o. the the Compa day pravloss to
Omanlar Inraires to accompany Carge destined to paints beyond San Franciaco, In the United 3 tas, should be sent to the Company's 05 es, addressed to the Do lector of Castona, Ban Francisco.
to Freigh For further formation as
Passage, ply to the Aganey of t Company, No. 7, Penya Central
DE
3. S VAN BUREN,
Agent, Hongkong, November 18–1897-1999
Not Responsible for Debts, Neither the Captain the Agents, nor "Owners will be Responsible for any
•Dect contracted by the Offers or Oreio of the following Vessels during their stay in Hongkong Hour
New York, American ship, Captain Thomas Peabody.Shewan, Tomes & Co. PETER ROKMI, Gorman 4-masted barque Captain T. H, Westernieyer.➡➡
Por Fong-kai, at 9.30 a.m., on Friday,
10th Novombor.
Letbi, o, for the Peak will be delivered by the 12d 380 c'elɔck trams only. Corres powder and Parcels for the Peak way be posted in the mural Post Office up to 11,80 a.m, or 8 pim on the letter boxes in the cars till time of depart. With regard to letters from the Peaks, lar boxes have been placed at Magazine Geg, Varia Gap, Manat Kellets, Mount Gough, and Flation Hoad, which will be cleared ai 12.80 + 4 p..
Hongkong Register.
DY APPOINTMENT.
S. WATSON & Co.,
LIMITED.
ESTABLISHED A.D. 184L
SEEDS
FOR THE PRESENT SEASON,
and replace it with gold. Nor is there anough of gold or silver for other to supply
currency to the world; therefore the only ssible way to bring the currencies of the world into a stable condition is to make them both measures of value, at a certain
ratis, hat notas" "monometallists' sucm to
think interchangeable the one for the
thor, both however capable of paying
daher all Emas; national or invaus.
The next question is, what is the proper ratio to be adopted. We think the old rate of 16 to 1 is what should be taken, for the following reasons.
It has been clearly proved (see Gold and
more than 2 from the fixed ratio
The price of silver has for long boen expressed as an many pence per ez, oron when Bimetallism was maintained by France, because England being a gold Silver Commission, page 107) that when Bi country was the principal bayer of silver metallism was maintained by France for for countries which had silver currencies 70 years the relative production of gold and, of course, had to bay it at a price and silver varied from 8.227 silver to 1 of measured in her own currency gold; but
of gold, to 710 silver to I gold, and yat the with International Bimetallism, including market price of silver, bought for silver- England, the price of silver would disap-using countries varied during that time not post altogether it would be currency. There would no doubt be a 2/- coin which would 15% to 1, and thou England was not be current in England and India, while abimetallic as is now proposed. The deduc. rupeo of the same quantity and fineness of tion from this is that in again fixing the ratio silver would also be current in both coun the relative production at the time of fixing tries, and in sending money frout England it is not necessarily the proper race to to India it would be merely shipping cur- take. Tho ratio to be fixed is intended to renoy, instead of buying silver. The price of last for all time, and who can say what the silver for countries which required it, either
proportion of production will be for the in bars or coins such as dollars, would be.
future? expressed as a slight premium over Minti out:arn, just in the same way as gold bars jare bought at present.
What would be the difference to the
world between fixing a ratio of 15 to 1 and say 30 to 17 The only difference is that International Bimetallisat ng not more money would be inado available to mean, that any country can send silver to the world at 15 to 1 than at 30 to 1, con. another country and demand gold for it, assequently the prices of everything would Monometallist writers seem to assume; it be higher. History has proved that plenty means that when they have to pay for the of money brings prosperity, and thereforeTM balance of their trade, they can pay either this in itself would be an advantage, bat sa
in gold or silver as they choose.
the difference would be spread over the whole world, it would not be very great.
At present the world's currencies are all at war with each other, soma silver oily,
Having shewn that (apart from other some gold only, and France and America, considerations) it is immaterial what ratio with large amounts of silver which they can is fixed within reasonable limits; the next
tintake into consideration is but cannot send away without enormous What would be most cote the loss. India has a protected silver currency differant countries, and in fact what which is the most unsound of all na her is it possible for acme of them to agres population and wants increnss, she will of to, without making enormous sherificen course require more currency, and how can for which there is no necessity To any mia or budy of men say how much is begin with, France has a very large required, and yet it is what will have to be silver circulation which she holds'at done, if the prosent system is persisted in, 15 to 1 if a lower rate were a'lopted, say opening the door to further unfairness 30 to 1, aho would have to write off a and difficulties in trado owing to tmcertain very large sum for which the country would ties as to what the Government are going have to pay. Germany holds a good deal to do. Who will deny that the English of silver at the samo ratio. Amorisa has taken eninage is utterly unsound, being over a hundred millions sterling at 16 to 1. current at nominal value of somo hagine the difficulty of coming to an In-
良
GO or 70%, over its real value. The great tatuational agreement with a lower rate, differonco in alio between the antoined when these countries would have to debit and coined silvor of these countries makes their budgets'with enormous. Ioss on their an irresistible temptation to illicit ooining existing currencies, and how easy it would Money should be able to flow over the be to agree to ratio of 15 to 1.', France world whorevor it is wanted, but under and Germany would have to make no present circumstances, people in gold coun-change, Amories would secure & diference trión are afmid to send money for invost between 16 and 15 to 1, which would pay ment to silver countries, and those in silver for her tocoinage, and Eugland would only countries are equally afraid to send money havo to withdraw her present half-crowns to gold countries; tride is thus hampered and florins, and coin a 2/0 piece which not only by tho fear of permanent loss by would be current both in-England and In- investments but of month-to-month or day- dia, in fact in all British possessions. to-day fluctuations. England is a creditor Of course the sudden changs of silver -country-of-unit of the silver wing coun. Theing restored to general ung is mousy at tries and of India and China particularly; that ratio, would take considerable change Every country ought to be able to pay itin values throughout the world, and as ro 7 have received our further Shipments debts in bullion after blancing its trade and cards immediate interests some would gain, shipping as much praises as the graditor | sonje would lose, but this process has beez country cares to tako; but the currency of going onover since 1874-continuod obangės- India and China 14 silver which England in the value of currencias, and; in conse will not take. They practically say, 'Iquence, of commodities, and always under- must send you produce whether, youtainty as to the future, while the great ad- want it or not, and the exchange tust vantage of this final change would be sta- go down to enable this to be done, ability of money all over the world, and in as to show a profit to theen ongaged in the consequence, the prices, of "commodities business, thus cheapening certain articles would change only in consequence of their produced in England, euch as wheat, and own supply and demand, which can ha MUSHROOM SPAWN. this is one of the causes why the English estimated by those in the trados, and not farmer and land-owner are in mach a bad | be liable to fluctuations owing to furrency way at present. Of course the people in changes which are now alwaya taking place England who hold the gold bonds of those and eat over be forcscen. countries quite approve of this, as they get
WE
"from the beat Growers
FLOWER SEEDS,
VEGETABLE SEEDS
and
Pravicus On duže mi,On dato st
F3
dayaidp.m.
For
SAIGON.
Baron (BS Tarbesture Bulidly
..
29.74
30.00 20.98
67
61
6t
Catalonues containing
94
85
73
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0
Wether 19. Bay.....
od
HINTS ON GARDENING,
DIRECTIONS FOR SOWING-
165
Per Wuctan, at 3 p.m., on Friday, the Diritid of
19th November."
For HOBE & YOKOHAMA.-
Por Idzumi Mart, at 3.30 pm, on Fd-
day, the 19th November,
For HAIFONG. ---
Per Knusberg, at 5 p.m., on Friday, the
19th November.
For SHANGHAI, CHEFOO, CHEMUL
PO, NAGASAKI, FUSAN, GENSAN & VLADIVOSTOCK- Par Sendai Maru, at 3:30 pm.. on Satur
day, the 20th November.
For WOOBOW.-
Ter Hoi On, at 6 p.to., on Saturday, the
90th November.
Per Winylong, at 5 p.m., on Tuesday,
the 23rd November
For NAGASAKI, KOBE& YOKOHAMA. Por Tokio Moru, at 3.30 pm., on Mon-
day, the 2nd November,
Fór SINGAPORE, PENANG & OAL
CUTTA.
Per Chelydra. at 11 am, on Tuesday,
14 23rd November
stop sirtourentury on the 37th......75 Drost Of Lemirerars on the 17th 00 F. G. 100, Acting Director. Bagkong Obaarvory, Nov. 18, 1887.
Temæstare.
(Taken of Men Falconer de Co,
Premiueen's Rivad). HOZON Nov 18, 1897.
29.92
Do
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29.90
50.01
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68
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PRICE LISTS
may be had on application.
and
their gold sovereigns and buy their bread VERSELA AT THE Douxe:-At Routinen→→ sheaper. It is no doubt advantageods to Haitan, H.L.G.MS. Irene, Lokin, Mong. India to pay in produce, but it is an unfair | kut, Povan. competition for many people in England
that these goods have to go, not because trade naturally takes it, but because it in
Aberdeen. (None),
Cosmopolitan-West York.
the only way of paying debte. This practi- STUDENTS of Easter history and politics cally reduces trade between silver and gold will be interested in two or three works which Me John Murray will publishshortly. ning countries to a state of barter.
One of them is Mra Bishop's Korea and All the silver which has been produced Her Neighbours. Mrs Bishop in, of course,
up to now has become money or used in known to resilers of travel and adventure other ways in which silver is used, so that a Mi fratella Bird. Her book, which is in two volumes, gives an audits of the Banzom's 'New Paris' LAWN MOWERS Intional Bimetalliem was introduced Hermit Kingdom past and present, and
at once, it would not increase the money contains maps and illustrations. the world, it would merely spread it equally over the world, it would flow wherever it The China Gasetta of the 13th inak saya m was required, and all currency troubles for 4 telegram has been received stating that ever disappear; prices would nse and con, not one, Gerrian Catholio Missionarios have been murdered by brigandé at Yangta sumption increase, owing to prosperity, in South east Chantung, while one father A. S. WATSON & Co., LIMITED which is a very different thing from high oreosped with his life, the robbers carried
QLAY'S FERTILIZER.
THE HONGKONG DISPENSARY,"
Hongkong, October 28, 1997,
low prices owing to other causes. The pro-Te in added that the Provincial Judes han off sverything portablu from the Missioni dustion of silver would undoubtedly in been sent from Chanto, the mapital, t prearm, but balzy a mosaure of paluo ever favertigate this verziale suuna
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