"ANOTHER ROUND"".
WATSON'S
E
LIQUEUR
WHISKY
The Premier Scotch
of the East.
S. WATSON & Co.
WVM.
HONGKONG.
POWELL
LTD.
TEL 318 -`
SMART
WASHING
FABRICS
IN
THE NEWEST
PATTERNS
AND
COLOURINGS.
NOW ON SHOW..
THE DIARY.
MEMO, FOR TU-MORROW.
ง
DEATH.
CRONE-On 22nd May at Shanghai ISABELLA, the beloved wife of W; D. McCHONE, Shanghai Dock, and Engineering Co. Ltd., age 46
YULIS.
་
THE CHINA MATE.
are thinking men in Germany who | recognise that if Verdan shoulik tall, to the Germans in the end, there is no likelihood of it having the sanio effect on the French nation. MAX. IMILIN'S HARDEN, a nìonth ago, saïd he did not believe the capture of the fortress-if the Germans ever did take it would be very important. The "it" is still a big one. We are wamed in the French note,to expect fluctuations, such as those which have taken place at Fort Douaument which has been taken by the Ger mans, retaken by the, French, and once again. occupied by the Germans,
'A CHINESE SHYLOST.
NOVEL INTERPRETATION OF THE
MERCHANT OF VENICE.
done
When the Bank of Aron wrotə”· his Merchant of Venice he little thought that over 100 years later it would be in this discant part of the globe into Chinese and produced before a delighted audience of Chinese large enough to fill His Majesty's
Theatre.
COMMERCIAL.
THE "STAR" "FERRY CO., LTD.
holders
The report for presentation to share at the eighteenth ordinary annual meeting states: submit to Shareholders their report, with The Directors have the pleasure to atatement of accounts, for the year ended 30th April, 1016.
ACCOUNTS.
The applestion of Shakespeare to the Chinese stage is a novelty in imelf for paying all working expenses, amounted The nett earnings of the boats, after there is no opportunity to adopt the 29 against 874,736.79 the wird native music and no possible chance
previous pear. agonising death throes. To make a to exhibit the fiery dmgn in his Shakespearean play attractive to the well did the members of the Queen's College A.D.C. Succeed last night chat. of Chinese--made the vast hall echo with the audience-composed almost entirely
SATURDAY, MAY 27, 1918,
CHINESE AFFAIRS.
(Wah Tax Fat Po's Service.)
THE FINANCIAL SITUATION.
PROJECTED FOREIGN LOANS.
SHANGHAL, May 26,
THE PARIS TRADE CONFERENCE.
MR. J..M. ROBERTSON'S. WARNING.
The most important non-military question of the war is our attitude towards German trade: after peace, and at the Paris Conference to which Mr Rameiman and Mr Bonar Law are shortly guing, preliminaries of this debate must be opened.
Anarkably sane and steady siew of Bank of Communications will permit its by the Cobden Club Me Robertson It is reported from Peking that the the situation has just been written by Mr J. M. Robertson, M.P, and published
allowing for Directors and Auditors' fees
The amount at credit af Profit and Shanghai branch to obtain a foreign admite the difficulty of fairly considering. LoRa account, (after paying for repairs, loan of $700,000 to resume business.
the problem in view of German militarism aud
and fernan savagery in war, although, The Peking Chamber of Commerceuse Sunding 14.300.00 to credit of Accident
bitingly remarka including 83,174,60 brought for has petitioned for permission to non-European savages at all times: the men of business trade habitually with approval of shareholders, it is
many English
proposed
of $8,000,000 to relieve the financial test of peace experience. He has no appropriate is follows:
be traded with may fail to stand the PHY
Dividend of $1.65 per
crisis share from
atience with the people who talk about minimise German resentment in the framing the trace terms in order to future
possibly to be ejected,, again in the native mind. was indeed a task, and so is 895,813.05 which, with the negotiate with à föreign bank for a low view them that Europesc savages should
course of a day, or two. But we cannot detect in the messages, any
Tu
..
weakening of confidence on the part laughter. The theme of “The Merchant To Phyfrodita... $66,000.00.
the
of 45
cents
of Fenice" was adhered to, but its actual
The Chamber lins been also suggested share from interest Account... 18,000.00 the trasfer of $3,000,000 from the interpretation could hardly be resguisedTo write off Too House Street by the lover of the great poet's works.
"Pier Certain alterations were conceived which to write off Launches
Salt revenue surplus to the Bank of 1,000,00 4,000.00 Communications and the Bank of China would appeal to the Chinese and nearly
To carry forward
2,613.95 for the cashing of their notes." -195,815.03.
every scene concitadect wish a hot siter-
DIRECTUER
Association, Hon. Sir. C. F. Chater, Kt.
In accordance with the Articles of: C.M.G, retires, but being eligible offers himself for re-election.
AUDITOR
4
re-election."
The accounts have been nudited by Mr. F. Maitland, who offers himself for
CAF. CHATER
Chairman Hongkang.. 16th May, 1916,
•
THE SITUATION IN SZECHUAN.
.
SHANGHAI, May 23. Five cities in Szechuan province have declared independence;
THE PRESIDENT.
nor.
If the Gemuan people remain, as they was forced upon Germany by the Allies, arenal to be, "convinced that the war in would by worse than futila tg attempt by pese negotiations to convince thens that the fiets were otherwise. Fractically speaking a nation pictured us thus mis- informed is only another version of "native" gune had" and we cannot Nason with a mad elephant. But w may take cool precautions in our dealing with it. A continuously cubic Germany. then, may make necessary for us and
of the
r Allies a fiscal policy which, so far as in us leg, will tend to make ber financially crippled while in large mensure curtailing our own possibilities
of
of the Freseli in their ability to hold Verdua. The importance of Verdun, of course, from the German, paint. of view is that success here would LTD.,rer fur the Crown Prince, the
cation followed by a rough and tumble. great loss of prestige he has suffered The Chinese Shylock was an amusing as a military commander, and this is yet successful concoction of Chinese ahrewdness and Jewish tenacity which BR object which apparently the blended admirably together, producing German Staff regards as worth the figure twice as cunning and alert a sacrifice of a million mea-for at what Shakespeare intended Gowned rate at which German troops have lapping sleeves ordinary Chinese sronsers in a Boving black silk coat with over. been ancrificed since the beginning of caught around the unkles, and wearing the battle of Verdun more than three owner has more than the ordinary coloured glasses-which denote that the months ago, the fortress-if it ever amount of "vee "and there we have is taken will not be taken at a the new Shylock, Chinese Shylock Amaller sacrifice.
complete. This Shykek was compara And Verdun istively young He had no described in one of the latest telegrams beard, no bushy eyebrows, a bald head
"goatie as but a mere episode" in this or even a hooked nowe; neither was he doubled up, with age, yet, the ear Titanic struggle in which the con-acter of the man
Since reporting on 13th inst. business has improved slightly and a certain preserved tanding armice have yet to and even in Chinese dress one could not although rates comparatively
amant of chartering has been done their maximum strength!
mistake the new Shylock Jessica, his are not at ul on devoted daughter who attempted suicide ruling a month ago. This is to a parity speaking, in faes of financial disaster, created a great extent, due to the Lack of bedroom scene which is likely to ecotdence by charterers in the pre- remains impressed for sometime upon China, the dispute between the political o'clock last night, but were repulsed worth of furniture, for
scht unsatisfactory, state of affairs in attack or the arsenal store about eightfactured materials. She has robbed Bel- the minds of the Europeans who-sfactious being seemingly to nearer
gium and Frange of milions of pounds
The China Mail.
HONGX, Sawunday, May 27, 1018.
THE WAR
NEWS OF THE DAY.
LOCAL AND GENERAL.
exert
The Hon. Mr. David Landale ant
Mrs. Landale went on to Japan week from Shanghai hy the Empress
Kassid
#
laat
of
A typhoon is reported by the Manila Observatiory this morning to be near or over northern Palawan, moring
wist
Ir, as is anggested in the important French Note published, among our telegrams last night, the present. struggle of Verdon was opened, not by the enemy's initiative, but by the will of the French higher command. we play regard it as the beginning of that great allied offensive which has been foreshadowed in many speeches made daring the past few months. We know that ceaseless preparations have been made for this development, and many indications have recently been given that the Allies are ready with men and material. The fact that Mr. LLOYD, GEORGE is at the present time devoting himsel to a settlement of the Irish problem notion. may in itself be regarded as evidence that the output of munitions Fr., J. Costa Names, the Vicar has ceased to cause him great General of Macao, will preach to-morrow anxiety. If the weather conditions in the Roman Catholic Cathedral, after in Europe are to determine the the soleum procession. striking of the hour, then the time is surely at hand, for in the month of
Mr. G. F. Lammert, auctioneer, advises us that the advertised sales of ship's gear and furniture ex sa. "Chiyo Mari" have been postponed till further
June the weather in Europe is ideal Co., Ltd., has declared a dividend at The Shanghai Electric Corstruction 8am-Excursion to Man hy So far, however, the great centres of 2/8 in the pound) for the year 1915, for military operations on all fronts.the seven per cent. (less incordes tax at interest are Verduo and the falian payable on the 29th inst. front. We hear practically nothing
:
*Taishan".
MEMOS. "FOR MODAY.
Wis
THE FREIGHT MARKET.
freight circular to-day state
Mesars "Snowman and Co in their
a
those
a
PERING, May 45. The President, replying to Chan Yie complaints of his delay in retiring assures him that he will retire imme diately satisfactory arrangements are made and be orders Chan-Yi to come to Peking forthwith to discuss the matter
―
AN ATTACK ON SHANGHAI ARSENAL STORE.
SHANGHAL, May 26
Révolutionists
made Д surprise
.
t
REPORTED ASSASSINATION.
SHANGHAI, May: 26.
will not be a sacrifice of principle, he argues, but a sacrifice of potential win. It will be a political should not be pretended to be one of and military self-preservation": it economic advantage."
STELT ABOUT INDEMNITIES; } Before we adopt such a policy. Me Roberta contends that we must re- member that it will render it impossible to exact from Germany any. infernity for Belgiunt and Ser
Serbia
His own view is that Germany should be compelled to indemnify her victin not in bullion, but in now and nurtes-
she should
all the coal and returns a
it. The tragic incident had been consolution than before. During the period retired towards the French Settlement, the Allies exact from Germany the del
example. Let verted into a comedy in which Jessica's under review some half dozen fixtures and disappeared: The casualties onry of furniture of satisfactory qualite lover and the doctor were popular have been made in the direction Saigon both sides totalled about twenty, figures. Portia also received a novel Hongkong at rates ranging from 56 to interpretation. The production of 18 cents; and at time of writing this The Merchant of Venice," i Chinese, market closes weak with little enquiry. was a big success in the eyes of the
for further tonnage.
Export of rice from Saigon from 1st Chinese, while the small European January to 17th April amounts to 308,538 section enjoyed its perversities and tons as compared with 932534 tons for appreciated the remarkable efforts of the the same period last year. Quotation ex-Governor of Cheking, bes been members of the A. DC. in their attempts for No. 2 white round sifted rice stands. to do" intu Chinese the world-famous play
HE. the Governor, Sir Henry May, K.C.MG., Col. Darling, RE, Mr
Ponsonby Fane, the Rev Capley Moyle, and Dr. and Mrs. Pearse, were among those present last night,
TURBINE ENGINES."
INTERESTING PAPER AT ENGINEERS INSTINCTE.
It is reported that Wat Yeong Kwong,
ja 8432 per pical of 134 lbs. gross fo.dered at his native home, Taiehow. Saigon, May/June shipment.
ed steamers continue to all present Saigon Philippines Philippine cwn- requirements for that market, some of
bian
fold or new. In the same
same way be compelled to iron auf metals which she has stolen from our
Alles TF Germany is
to pay indemnity in specie or scrip she mast sell gods, and this must stimulate Ge
marcott her trade, would make agreementer n industry, forcing it to compete with our thule in neutral markets,
Germany
if the Allies decided to boy- with neutral nations, giving them her best terms and getting the best terms from them. Mr. Robertson demande whether the bent course in our own in- terests is not to leave Germany to trude. where she will to pay Fier indemnities, peaceful trade relations with her neigh- bours as best she may.
those vessels presently under charter Router's Service to the China Mail.aaahe can, and to win her way back o
Just
cum-
POLITICAL DEADLOCK IN CHINA.
UNABLE TO AGREE ON YUAN'S SUCCESSOR.
THE SIMPLE WAY.
If the Allied peoples is consumers de sire to have no unnecessary trade with Germany, they have simply to abstain from buying German goods. "It will be long before Cerman trades are welcomed be formed to keep Germany down" by in any Allied state." aus: plan could trade boycott without injuring the Allies they would be
be justified in acting
having again been taken up for secutive trips.
Bangkok-During the last few days the rute to Hongkong has advanced from 20/83 cents to 5.0/81.10 per pieul for inside/outside the bar houding respec- tively, and the indication given in our report of the probability of a steamer being wanted for a round trip Hongkong/f
Bangkok/Hongkong via Hoi-
LONDON, May 25. how Swatow has been fulfilled, a coaster The Time's correspondent at Peking having been fixed on lumpsun basis at says that the political deadlock in Chira evening Mr. T. MacKay read have been fixed for prompt loading in ently the absence of agreement upon.
At the Engineers Institute inst
740,000. technical paper on Turbine engines. Mr. this direction at 70 cents per picul for the successor to the Presidency. The industrially conditioned by cach other
Newchwang/Canton :-Twa Vessels continues. The real difficulty is appari it, but it is impossible. Grieg was in the chair and the usual part-cargoes.
All the nations of the world are attendance of members was ginite grati Tire Charters: The fixtures of four so-called responsibie Cabinet, formed a And it is probably much better for and the misery of one infects the rest fying The lecturer read his paper in China Merchant steamers on tunecharter month ago, has already broken up.mankind as a whole that it is so." connection with the gold medal to be for six months each are reported as well turbine model was on exhibition through advantage of the present strength of the is daily becoming worse. Foreign in nes situation by proposing that we presented by the Institute for the best as an outsider rechartered, and it is anti- Brigandage is increasing and trade is other favourite remedy is even more So far the cry for a boycott. The paper of the season. A Parson's marineated, at ang rate for the time being much restricted. The finanical position dangerus
ties, the kindness of the University anthori Bangkok Hongkong rate and/or trading terests are not menace, however, and shell adopt the taxation of imports,
that all these vesels, will he taking
It 15 the adaptation of the Did Tariff Peform" propagandu to the from the Straits to India and Persian the administration has not collapsed. Mr. Mackay dealt with b sub Gulf.
giving preferential terms to our Allies ject in a lucid manner.
He first
Coal freights from Japan have also
and Dominions, worse terma the neutrals, of what is happening op the Russian, j
traced the growth of the new engine, weakened, local stocks being still plenti INDEPENDENCE OF SZECHUAN.
and
still
wore to the enemy States. front, and as for the great Anglo-Dr. M. A. Stuart as physician to the said was
Dr. H. Chambers, who is replacing turbine in a commercial capacity he but business at this figure haa not so far The first application of the steam ul. There would be a chance of placing steamer Moji to this at $7.50 per ton,
THE PREFERENCE VOLLY.” French force
Assembled on the Americen Legation and Guari, has the present generation, and it was most
within the memory of been brought about.
years, and the surprising manner in Per ton
Fixtures reported:-Moji/Shanghai
which it bad displaced the reciprocating strides it had developed in the last few gay/Swatow 86 and Hongay/Saigon & the 22nd init.
engine, both in laud and marine practice, where large units were required. In 1884 Parsons first unit, of 4 kwt. espa- hurling, masses of troops against the The following appointments, are steam per k.w.b. and we were now in city gave a water rate of 200 lbs. of almost impregnable positions in the notified in today's Gazelle Mr. R. A a position to compare it with the 25,000 region of Verdun, they have been C. North to act as Secretary to the water rate of 11.25 lbs of steam pera Moratoriom" in regard to the note An extraordinary situation, created kwt. unit just recently built, giving a by a mandate from Peking, instituting careful to maintain their armies in Licensing Board: Mr. H. G. Hegarty to unit. andiminished strength before the bend Lieutenant in the Scouts made to various classes of turbines and issues and deposits of certain Govern at Footung (Shanghai) which was burnt such a tariff as the foran Pont seul ite
Comprehensive reference was
Mr Robertson further points out that ninety miles of British front, being in Company, H.K.V.C. Mr. G. H. Wake the conclusion Mr Mackay was ment controlled banks, but rendered out a week ago was a brick structure of admirers demand would be the most
man to be Crown Solicitor; and Mr. Pheartily thanked.
four storeys, measuring approximately complicated ever seen. Its advocates do trade more chaotic than ever in the 250 ft. by 80 ft. The building itself is not tell us whether India is to have Jacky to be Laarl Officer.
Professor Middleton Smith said that interval, if that were possible. The said to be valued at from Tls 80,000 to Protection, and they are bound to create. the great engineering problem of the political reason as the bottom of this Tha 90,000, while a valuation of the friction with our Allies as soon as the future was that of gas turbines. Steam move on the part of the Government contents, which were largely cotton and to be given a preference over French, was the wrong fluid to use. The is not apparent, qnless it is to hides, has been placed at Tis. 500,000, and that Canadian corn is to n taxed Latter realise that Australian wines are difficulty was in getting metala to stand retain the command of actual silver but this is thought to be rather at a lower rate than Russian Fe
..
SHANGHAI, May 25.
During this war Germany, Austria,
The Independence of the Province of France, and Italy have all been com-
pelled to suspend some or all of their
6.30 pmAnnual General Meeting. Graeco-Serbian frontier, the telegram arrived in Peking from Swatow where interesting to view with what gigantie 83.00 Wakamatz/Swatow $7.50, Hon. Szechuan was officially proclaimed duties on food imports. That means
the Peak Club.
Bishop Co. at Peak Club.
"Entertainment by the Humphrey are completely silent. On the British he had been stationed on board the front the operations for many mathecruiser Galveston. Dr. Stuart is leaving past have been of the "nibbling order; but we know that all the board the Galveston.
Peking to replace Dr. Chambers on while that the Germans have been
General Memoranda. « TUESDAY, May 30
Decoration Day in U.S.A. Hongkong Stock Exchange Settlement
Tiny.
i
2:30 pm.-Auction of Portable Motor
at Mesura. Hughes and Hough's. constant fear of a big movement! 4.2.30 pin. - Auction of Furniture. It naturally follows that the greater Carpets, Pianos etc, ut Messrs, concentration of the enemy's forces Hughes and Hough's.
at Mesura, Hughes and Hough's,
The Peking Gazette
i betare Verdun in the case, of the
describes
SHANGHAI PIECE GOODS TRADE.
Goods Market Raport saya
Messrs. Ilbert and Co.'s (Ltd.) Piece
that a policy which is expressly advocat-
ed
on military grounds is found by all these Protectionist countries to be un- workable in time of war. Even high Protection would not enable Great Britain to feed herself and remain a
24
THE GREAT FIRE AT SHANGHAI powerful and populous maritime State
before. At the same time, it is mad ness to demand taxation on semi-menu- INSURANCE WITH GERMAN ANDfactured imports after the war, when our great industrial task will be to compete with neutral and enemy countries in prodtiction.
CHINESE COMPANIES. Mesara Carlowitz and Co's godown
worse terms for food and raw materials
a p-Auction of Carpets and Raga Germans, and before the Italian front General Li Yuan Kong has refused to put water round the blades. The troops, during the present acute stage of New Our contemporary adds neutrals If the United States in to get alving invention" the report that the high temperatures. They could not case of need for the payment of excessive, says, the MC Daily Another set of perils will arise with problem, however, would be solved the negotiations between North andThe large building was stored to than usais, will acvitably, give evening for discussion on the paper on more sensible amongst native business capacity with loose mapressed native better terus to German manufactures
It was decided to reserve a future South in regard to the Fresidency The the suggestion of Major D. MacDonald men are praying for a rapid termination cotton and it is reported that nearly than to our Instead of making the European hostilities that the all of it was Chinese ouot and most of our trade with European affairs of the country may be put into that Mesers Carlowitz by reason of neutrals, we shall by this madness drive lending strings before they become restrictions imposed by the war being them into the arms of Germany hopelessly unmanageable, but the
respicion the cotton to murkof NEUTRAL FACTORIES
WEDNESDAY, May 31
11a.m.Auction of Ship's Furniture.. ex as. "Chiyo Maa" at T.K.K. and Skots and Co's. Golowa, Kennedy
Town
THURSDAY, June I-
in the case of the Austrians, involves accept the office of President in the the weakening of positions in other circumstances proclaimed by the Military theatres of the war, aud invites Government organised at Canton. The attack where least expected. While, report, however, is reaffirmed by the for example, the Italians have been "Peking Daily Newa" but it adds It is still in doubt whether Vice-
The English New Derby run at compelled to fall back before a vastly President Li Yuan Hung at the
Newmarket
increased Austrian pressure on their telegram voluntanly or under compul main front, a telegram to-day tells na sion, as he is under the power of the that they have started to attack the opponents of the Southern leaders in Austrians south-east of Valona and the Capital."
Ascendon Day. -
11am-Auction of
A. S. C. Camber.
"Jubileo" at
Noon Star Ferry Co's. Meeting."
Baruanay, June
King George's Birthday (1808). Holiday
MONDAY, June
Dragon Boat Festival
MONDAY, June 12:
Whit Monday.
Bank Holiday
are also advancing north-east of
Berat A more rapid development
The latest papers - from Sharigbai
CLOSING SHARE "QUOTATIONS.
1. p.m. +745
Hanks Unions
Sugars
Indoe (det)
Docks
A fire
of the war on all fronts is now to say that the China Navigation Co's be expected. Verdun can only be Steamer Kinking, on which "decisive" in the sense that it strikes broke out while she was on a trip up the hour for the general battle One!
the Yangsize will be a total lost, may well believe that if the Germans possibly for her hull She is after such prodigious sacrifices as
completely burned out, with all her they have made definitely fail to take still standing. The cargo was general, superstructure gone, but her funnel is VISITING CARDS the position, the end of the war will one with a fair proportion of auch be brought perceptibly nearer be the inforbable material a cotton, wood demoralisation of the troops and the oil, al tobacco leaf "The fire was still nation at large but the end would burning three days After the fire still be far off. On the other hand there started
RIFATED AT
China Mail' Office.
Cemente Langkste
of
Meantirne, business remains in e state had sold it to Chinese. It was covered of "suspended animation. The country by insurance, it is stated, placed with. wants cargo and cannot finance it either German companies for which Mesars in movement of sycee or by credit, nor Carlowitz axe agente. So far an could can exporta be exchanged against it, s
Then there is the danger that Germen Bwitzerland and Scandinavia, and we capital will set up manufactures in shall be driven to convert our wint German tarif into an all-round or
the high rate of asthange now ruling beliztref my British, or other firma has been an insuperable obstacle to most thar German and Chinese are against neutrals. Such a course would export business, what ma
CROUP
THIS disease is so dangerons and 50 ALWAYS RECOMMEND IT,
THIS
rapid in ita developzoent that every mother of young children should be pre- Nanost every community there in pared for it. It is very risky to waituntil some one who life ims been saved the attack of croup appears and then an opportunity to recommend it, Cough Remedy is prompte an effectual Diarrhoes Remedy. Such persons seldom until it can be obtained. Chainberlain's and these roommendations and its never and has never den known to fail to arg tailing qualitire account for its great case. Alwaychaves bottle in the hoke popularity For sale by all Chenolate For sale All Chemists and torg
by Chamberlain's Lolic Cholers, and send for mediciner and let the child suffer
terested.
The Shanghai Mercury says the following companies are understood to be interested th
Shanghai Fire Insurance
Companies
Sincere (Hongkong) Sook On
Netherlands
Albingia
81,500 (48,000
35,004,
$40,000
and us after a few years of peace in the commercial dilemma of Germany before the war the necessity of securing new markets by force 32 2 1 an
Buch's fiscal system inevitably makes for will among nations it would harus andke a deadly diese vice to civilisation all over the worlds
GOOD RULE FOR THE HOME
rule of
· on härík
ble: Cholem, and
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