1921-04-22 — Page 8

ADKOMOKOH KI

WATSONS

Such wrists

المهرو هدانا

WATSON'S

THE

"E"

PREMIER. SCOTCH.

DISTINCTIVE "IN

FLAVOUR, WELL MATURED,

MELLOW.

A. S. WATSON & CO., LTD.

WINE AND SPIRIT MERCHANTS. Telephone No. 815.

Powell

TELEPHONE 346

LADIES'

THE CHINA MAIL.

CHAMBER OF COMMERCE.

MERTING,

· OBJECTIONS VOIGED,

VESATIONS AND HARMFUL

LEGISLATION.

GAMIYAT

Mr. E Remedios); (Stewart Bros. ( Evan Ormiston)-South British Insurance Co., Ltd. (Mr. F. S. Harrison); Mr. F. Smyth ; F. P. Talati (MỀU M. T. Talsti); Union Trading Co., Ltd. (Mr. S. M. Chorn and Mr. J. G. Barretto); Union Insurance Society of Canton, End. (Mr. P. Lander); Mr. A. GA da Rocha; and the Secretary Mfr. D. K. Blair).

when a healthy man could sing PROPOSED STAMP DUTY. care-free ducts with the trees, and be fired by a glimpse of the breast of the nymph in the brake to whole. bearted and gladsome pursuit? IL | 80, a murrain on the civilization that changedik Is must, wẹ think, be but the story of a dream, of that dream-which comes to us! all when to winter is over and gone and the time of the singing of the birds is come. It must be

THE CHAIRMAN'S SPEECH. a vista from that same magic case- A general meeting of the mem- The Chairman said: Gentlemen, ment out of which Keats looked, bers of the Hongkong Chamber of I must apologize for the fact that bereft and forkorn of the right to Commerce was held in the Old this meeting is irregular in_that rejoice in freedom of time and Chamber of Commerce Room, City insufficient notice, in accordance space, a vision of the Delectable Hall, yesterday afternoon, to con-with what is laid down in the Rüles Land that is pot and it maybe sider the proposed new stamp duty. and Regulations of this Chamber, never was. Even so it is real the absence of the Chairman, has been given. This was mani- enough, and no passport is required the Hon. Mr. P. H. Holyoak, the festly impossible if your views on to reach it. In such glorious wea- Vice-Chairman, Mr. D. Tang, the proposed Stamp Ordinance were ther kvitation is easy and natural, presided.

to be in the possession of the Cham- The following were present-ber's representative on the Legisla.. and the soul that wanders not overi

less. J. M. Alves & Co. Mr.tive Council before the second read- M. Alves: Arcalli Bros. ft.ing, which as you are all aware, Cream) Amatic Petroleum comes up on the 95th inst. As the Co., Ltd. (Mr. W. H Bell) Bill is of momentous importance Anderson, Meyer's Co., Las air to the Colony in general, it is a Gerald Fauvelle): Basque de matter of great regret, that the Indo-Ching MV Harsot); Government could not see its way Botelha Bros. MPV Botelho): to accede to the request for a longer Bradley&C. Lad Alt. J. A. postponement of the second read- Plummer); British American Toing, and I personally am of opinion bacco fa, Lea. Mr. W. B. Ken-that sufficient time has not been netty: Batterfeld & Swire Qtr. G.given to permit of the B31-being T. Edkins); British Borneo Timber Thoroughly gone into in every de Co; Ltd. (Mr. G. X. Lakin); 3r.tail.

the hills and far away, independent of the body that cannot get out. must truly be scarred and hard and indurate and dead. Lovely westher, isn't it?

LOCAL WEDDING.

RUXTON--D'ARCY IRVINE.

PRETTY CATHEDRAL CEREMONY,

A pretty wedding of special interest G. K. Hall Brutton; Caldbeck Your Committee, however, meet in naval circles was solemnised in

Macgregor & Co. Mr. Cthis Bill in no 'antagonistic spirit. St. John's Cathedral yesterday after Lafrentzy Canadian Pacific Ocean It is recognised that the Govern noon when Mr. Gerald Hay Ruxton, Services, Ltd. (Air. J. H. Walment must find a means of aug Ltd. of the Chinese Maritine Customs lace); Canton Insurance Office, menting its income, that is, if all who was in the submarine service Ltd. (Mr. F. C. Hall); Cawajee the annual expenditure must come B. out of the anngal revenue. But it during the war. was married to Miss Pallanjee & Co. (Mr. R. Mona D'Arcy Irvine, eldest daughter Ltd. (Mr. J. Cochrane); China the replacement, or partial replace- Cooper); China Fire Insurance Co.. is felt that the means suggested for of-Archdeacon G. A. D'Arcy Irvine, of Cumberland and Sydney, New Light and Power Co., Ltd. Mr.meat, of the loss in the opiam re W. J. Hawker): China Mutual Life venue is open to criticism, and that South Wales. The bridegroom is the second son of the late Rev. F. H.Insurance Co., Ltd. Or. B. W. criticism, if founded on reason, will Tape); China Provident Loan and receive the sympathetic considera- Taylor); Chinx Sugar Refining Co., if no respecter of any particular Mortgage Co., Ltd. (Mr. H. H.tion of Government, which; even Ltd. (Mr. E. B. C. Hornell); Chun interest, has, I am convinced, pa On Fire Insurance Co., Ltd. (Mr.intention of deliberately killing the Assurance Co., Ltd. Mr. G. H. T. X. Chaul Commercial Union goce that lays the golden egg.

** VEXATIOUS AND HARMFUL.' The bride, who was given away by S. J. David & Co., Ltd. Mr. should be given to the general body Elliott); Mr. H. A. Cartwright; It was felt that an opportunity Capt. C. S. Benning wore white. E. S. Abrabant and Mr. O. J.of members of the Hongkong Gen- with black lace hat. She was attend Ellis); Deacon, Looker, Deacon eral Chamber of Commerce to ex ed by Miss Olive Dalzell as brides-& Harston (fr. W. E. L. Shen press opinions which might assist ton); Denays & Bowley (Mr-your representative on the Legisla

WHITE FOOTWEAR

-WE HAVE NOW OUR FULL RANGE OF

WHITE SHOES..

IN SPITE OF THE GIGANTIC FALE IN EXCHANGE OUR PRICES ARE COMPETITIVE, AND REASONABLE, AND WE ARE ABLE TO OFFER LINES AT

$4.75-$8.50-$10.50-$13.50-$14.50-$16.50-$19.50

OUR FULL STOCKS OF. COTTON

DRESS GOODS,

ATTRACTIVE

HAVE ALSO ARRIVED. PLAIN AND FANCY VOILES AND ZEPHYRS IN CHECKS AND COLORINGS.

We Specialize in

Social and Business Stationery, Loose Leaf Binders and Books, Novelties for the Home and Office, Dennison's Xmas Decorations.

INSPECTION SOLICITED

Ruxton, Rector of Well, Yorkshire.

The service, which was fully choral, was conducted by the Rev. G. W. B. Statt, R.N., assisted by the Rev. B. J. Pim, R.N.

There was a large gathering present at the Cathedral.

maid.

Suberarine “L19."

Jackson, of HM.S. "Titania,” Sub-

A.

FRIDAY, APRIL

That as regards the proposed areas away from the cities by means taxation on policies of marine roads, the cost of which we are being insurance other than Hull is called upon to pay for. We want this meeting is of the opinion

that the taxation proposed is more business sites and we own only get far greater than the business can them by reclamations and remeral of ---enccessfully contend with and is military and naval sites. I de not impractical and that unless the think we should quarrel with provid scale and application of-the

proposed duty artamended and ing the necessary expenditure for hmited to twice the present these requirements, but I think the duży, marins insurance business means should be found, as Mr. Lang which would otherwise be tran-has suggested, through the issue of ascted in, this Colony will be Government Loans in the same way transacted elsewhere,

3-That as regards the proposed that Goverments and municipalities increase of stamp duty on land | all the world over issue them to meet transactions, the same will con development expenditure. (Ap- stitute an excessive burden on plause) These loans should be repaid this important source of this by specified amortisation funda, all- Colony and the increase should ocated over a period of years. A not exceed 30′per cent of the sufficient amount of funds could be present scale of stamp duties, raised in this manner to meet the ex- That the purchasers of land in penditure and the cost of up-to-date this Colony should have the development of the Colony, and with option of paying the conveyance annual amortisation provision, which stamp duty-either on the agree- could be fully met by taxation which ment of sale or on the ultimate will not unduly penalize the Colony's conveyance.

commerce. With the taxation gro-

4. That as regards the increase in posed, business will, I believe, have to stamp duty proposed in respect carry charges higher than there of Bills of Lading and Shippers prevailing in any of the ports of the Notes, this meeting is of the East.

1i

opinion that the stamp duty on I think we should, therefore, try to these documents should not be pessuade the Government, in the increased above 25 cents, the reconsideration I trust they will give equivalent of six pence at a two to this Bill to seriously consider shings dollar. Alternatively, adopting the issue of loans to meet if the 30 cents tax is maintained their expenditure, particularly where the rate of freight involved water reservoirs, roade; reclamations, should be increased from $3 to and harbour improvements are in

$20.

question. If they will adopt this 5.-That the proposed increase of principle I feel confident they will not stamp duty on Charter Parties need to introduce these increased is out of all proportion to what levies on the conduct of business, and, is reasonably assessable en auch I would submit that it should be documents, and that in view of radical principle of the policy of this. the large number of Charter Colony to minimize taxation charges Parties which are concerned on business transactions; to keep such with routes between other taxes down to the fewest possible: ports than of Hongkong and and to so legislate that business fran- where in such places the Charter sactions shall not be hampered by the Parties could be "legitimately compulsory making out of forms effected in the other ports con- which in general practice are not used, cerned, this meeting is of the and the absence of which simpler opinion that it would be to the and conduces to smooth running, of advantage of the revenue to business. withdraw such duty.

6.-That-this-meeting-is-of-the-

OUTSTANDING OBJECTIONS.

opinion that the stamp duty. With regard to the vanions, new on share transfers be limited to charges proposed, so far as I have been able to scrutinize the Bill, the out- 20 cents per $100. 7.--That as regards Clanse 25 of the standing objections that occur to ma proposed Ordinance, this meet-are the application of increased taxes ing is of the opinion that this in the cases of Marine Insurance, Sale Notes, Charter Parties, Bills of Lading, Clause should be withdrawn as being unworkable but that if it and Blank Transfers of Securities, and is desirable to tax share tran-in connection with these we must sactions the duty on share con- consider Classe 17, which reads ax tract notes be still further in- follows: creased

The bridegroom had for best mani Balmer Johnson); Dodwell & Co., tive Council in resisting vexatious Lient. Malleson, V.C., RN., of H.M.Ltd. Mr. G. M. Dodwell); Don- and harmful legislation, for on- After the ceremony a reception as Whyte); Eastern Asbestos Co. the Hill under review would neces nelly & Whyte (Mr. L. 31. doubtedly some of the provisions in held at the Hongkong Hotel.

The guests included, in addition to those Mr. T. W. Hill); Eastern Exten-sarily have a tendency to drive busi who were present at the Cathedral Co. (Mr. X. E. F. Airey); Fung might conceivably at least in time sion Australia and China Telegraph, ness away from the Colony and Commander Cantlie of H.M.S.

Tang Mr. Wong Tak Kwong)-have the effect of reducing re- "Titania," and Mrs. Cantle, Com-General Electric Co. of China, venne rather than increasing it. mander Brady, of HMS. "Fox-Ltd. (Mr. A. B. Raworth); Gibb, glove," Engineer-Lieut.-Commander Livingston & Co. (Mr. A. O. those particular items in the Bill to Before making any reference to marine Depot, Capt. R. Douglas, Mrs. Giman & Co., Ltd. Mr which exception is taken by your Day. Mr. and Mrs. Hunter. Mr. Mar (Mr. T. Arthur); Green Island pertinent to ask whether it

G. Miskin); Goddard & Douglas Committee, I think it is really tin. Leuts. Thompson, Blood, Carrie Cement Co., Ltd. (Mr. Allan is necessary that expenditure of a and O'Callaghan..

Keith); T. E. Grifith, Ltd: Mr. capital nature, such as the building The health of the bride and bride- R. G. Hally; A. and S. Hancock of roads, erection of houses for hesitation in supporting the spirit of groom was proposed by Capt. C. S. (Mr. H. Hancock); W. A. Han Government employés, etc., should Mr. Lang's remarks on the question The honeymoon is being spear at nibal & Co Mr. J. Robertson); be provided for out of revenue. before us, but I would like to represent, Handelmaatschappy. Transmar- In England, as well as in the aa he has, that my views are held in ina" Mr. D. H. te Wechel) Dominions and some of the Col-no antagonistic spirit to the Govern Hogg, Karanjia&Co., Ltd. Orontes, such expenditure is provided ment. The Government must have N. B. Karanja); Holland Pacific for by raising loans, and only the additional revenue but I do not think Trading Co. MJ. H. van Gen-interest and amortization fund they have chosen either the happiest nep Luhrs); Holland China Trad-charges fall on the rates. Posterity time or appropriate means for securing The dog, fat and poultry show Hongkong Electric Co, Ltd. (Mr. development, and it appears to your (Applause.) I daresay, at this mo

ing Co. (Mr. AW. van Andel); thus bears a share in the cost of fit under this Stamp Ordinance. is unavoidably cancelled owing to F. R. Marshy; Hongkong Fire In-Committee that the same admirable the presence of rabies in the Colony-surance Co., Ltd. (Bir.-A. Piercy); principle should-apply here. (Ap-in this Colony, and probably the

Benning.

Repulse Bay.

LOCAL AND GIKERAL

MR. G. T. EDKUNS. Mr. G. T. Edkins asid—I have no

11-Every instrument executed out of the Colony by any person, not being a bill of exchange or s promissory note, shall, before being executed, used, brought into force, acted upon, or registered, within the Colony, be stamped according to the rate of duty to which it would have been liable if it had bein er- ecated in the first instance within the Colony, whatever the provisions ...* of the schedule to this Ordinance may be with regard to the time before which or the period within which such an instrument, if execut ed in the first instance within the Hongkong Rope Manufacturing planse.)

Colony, should be stamped. Co., Ltd. (Mr. W. J. Hawker); Hongkong and Shanghai Banking

Taken Interally this Cisuse has a Corporation (Hon. Mr. A. G.

The principal provisions of the Stephen); Hongkong Tramway proposed Ordinance to which, as it reducing costs and charges for very comprehensive effect, and One fatal case of plague, two of Co., Ltd. (Mr. W. E. Roberts); business man can take reasonable any case, is the position with shipping as to whether it is intended to apply, TRUTH, JUSTICE, PUBLIC SERVICE" Held to these tender impulses cholera (one imported) and another Hongkong Import and China Pro exception as being damaging both and engineering trades, not only here, for instance, to a matine insurance appears to your Committee, the running their businesses. That, in would be helpful to have it cleared up. because we are in, and cannot get of serebrospinal fever, all Chinese duce Export Co. (Mr. S. E. to his personal interests and to the but all over the world. You will have policy taken out in London or New From the vicinity of our ledgers were reported on Wednesday, also Ismail); W. G. Humphreys & Co. Colony's prosperity are those which/seen the Reuster telegram of a day or Lork on a shipment of goods to

a DoD-fatal Ease of enteric fever (Mr. E. Humphreys); J. D. Hat- Indian, and another of cerebro-spinal chison & Co. Cr. I. B. Pearce); fever, Chinese.

The China Mail.

DER A WING & 00.

60, Des Voeux Road, CENTRAL.

BANGKONG, FRIDAY, APRIL 22, 1921.

"THAT OF WHICH WE ALL

T

TALK.

proach and profer romance and joy, as when the young gods wooed daughters of men, but we do not

out.

and telephones and

inkwells, through the gaps in the walls that shelter business, we look upon the sea very like, as Columbus must have gazed upon it from a wharf in Spain, what time he dreamed of far discoveries and waited-waited to be let out.

Mr. Ho Kom-tong has kind! consented to distribute the prizes a the Saiylagpun-School sports on Monday, May 2.

Work Tail Drudgery. Duty: The thing, whatever we call it, that confines us indoors, the thing for which familiarity, bas given as The spring, we say, has got into something like contempt. Here our blood, and something stronger we are, all of us, like the etarling than reason whispers convincingly **.* in Sterne's story, unable to get out. that here and thus we waste, our

مسلما

"..

CHIEF OBJECTIONS."

relate to :-

on

Agreement relating to sale of

goods, Marine policies of insurance, Property conveyance,

Bills of lading and shippers'

notes,

Blank transfers, Charter parties, and

ment, almost every British company

business concerns of other nations.

ties as well, are centring their energies

two ago which stated that Great Hongkong, the marine insurance policy Britain is suffering from the worst of which is attacheri to a bank draft. shipping slump in living memory, and Or in the event of a claim being made it cannot be overlooked that this on an insurance company whether it Colony is directly, as well as indirectly is intended that such a London or connected with those concerned if New York policy must be stamped en that slump.

the new scale? With regard to proposed new "taxation of marine

THE WRONG MOMENT.

In the midst of this commercial and insurance policies there are fasurance shipping degusion, when we want to experts present who will enlighter is

Mr. R. Hancock; the Hon. Mr. Ho Fook; the International Bank- A Chinese was yesterday reing Corporation (Mr. Geo. Hogg);. moved to the Government Civil Jardine, Matheson & Co., Ltd. Hospital from No. 50, Second Street, (MDGM. Bernard); John- West Point, suffering from injuries son, Stokes & Master (Mr. C. A. received through falling down the Hooper and Mr. D. J. Lewis) stairs from the first floor of the house Lane, Crawford & Co. (Mr. F.-3. His injuries are not serious.” Crawford); Liverpool and London which I am already, in posses

and Globe Insurance Co., Ltd. sion of expert advice.

Though the fog has gone, though we time. By-elections, coal strikes, ing" by Monsieur F: Dubois will be ham & Matthews (Mr. A. these points or has suggestions to increase, them, and, in my opinión,posals as at present drafted are in-- A paper on "Autogenous Weld- (Mr. W, E. Hale Lowe, Bing to address the meeting on any of are faced with proposed taxation to Personally, I honestly think the pro-?

If any member present would like do our best to cut down charges, we as to the effect of the proposed taxes. no longer see the shipping in that German reparations, local taxes, read in The Institution of Engineers Lowe); W. B. Loxley & Co. (MF. semi-opaque haze-or mist which fangh! What noise is this, to be and Shipbuilders of Hongkong, on D. C. Russell and Mr. W. L. Pate make which will be of assistance to madaly and unnecessarily. The re practicable, and if put into effect the French call "brume" (from heeded in weather so divine, when Friday, 22nd April, at 9 pm. which tenden), Lammert Bros (311. at the Chamber and its representative, venues to be derived from the new would lead to diversion of business. which, perhaps, came the first Re Nature calls to her children as a will be illustrated by lantern slides. A. Lammert); Mr. W. Logan : Mr.we hope he will now do so into force, and which it is now propos

in contesting portions of this Bill, taxation which has recently been put from the Colony (Applause.) public's second month Brumaire), then to her brood? Sqmetimes our Some experiments with liquid air will Lo Cheung Shuir Mercantile Bank will now, with your permission, ed to extend to our every-day business

IRÉBOME ISKOVATIONS. though the sky is a clean cloisonné Chinese neighbours, with brazen also be givin.

of India, t{{MIN?C=Wilson);}

As regards Sale Notes for Goods or." of fair blue and white, though the cymbals, with clacking tom-toms

7. B. Michael & Co. (Mi. Vivian read in proposed resolutions transactions, is intended, I take it, to Merchandise, with a great deal of4- foliage has a green freshness, and and screeching trumpets, make Mr. Vergette, of the P.W.D. Benjamin sad/817. E. Joseph); which have been prepared by your meet the cost in a large measure of the business at present there are no Sale the sunshine (betrayed by our office such & din that we say we can hear this morning charged a contractor Mitsui Bussan Kaisha, Lid. Mr. Committee and which, after hear minicipal and harbour developments Notes issued, and the innovation will windows) invites to remembered nothing. As all pervasive and engaged in building work in Yeumati,W Mizuno); Mollers & Co., Ind. 17our views, will be put to this of the Colony, delights,

be irksome and obstructive to the cannot get out. King compelling and overwhelming is the with having, contrary to plans, left (Mr. S. F. Williamson); Mustard

meeting

I thoroughly approve of all the smooth running af business-beyond Routine's flag flies as usual from song unbeard and sweeter, the out steel works and reinforced con- & Co. Dr. J. E. Scott): Mackin

Government is doing to develop the the value of the resente vetera bis palace, and we courtiers must clamant call of the season, that crete in the construction of the non, MacKenzie & Co. (Mr. P. L. The following were the resolutions Colony, both on this island and As to Charter Parties the change. remain at call within his precincts, fills us and thrills, us and makes verandahs of the buildings. Magis Right): Moxon & Taylor (Mr. H. before the meeting: though nature knows him for our ordinary business, appear a trate Lindsell imposed a fine of $100 Birkett and Mr. E. B. Raymord): 1-That as regards the proposed improvements which the natural de proposed appears to be likely to lead tyrant, and instinct bids de to defy. † distastefnt interruption of what we

New Zealand. Inorance Co., Ind Lovely weather, isn't it Flower feel must be real life.

A Members of the QCOBA are Mr. G. V Mark); North China Street has variety to offer, and the Lovely weather, isn't it? It is, reminded of (1) The Annual Dinner Insurance Couple In P. Town bees are busy among its lovely mer-indeed. We saw it first, before to be held on Saturday the 23rd Inst. end); Orient Tobacco Manufactory chandise. Human clothes have re- you did, and we have been so fas in the College Hall at 8 pm (2) Co. (Mr. H. Tisling); the Hon. sponded to the season, bourgeoning cinated by it as to be incapable of The Cricket match to take place on Mr. H. E: Pollock RC. Refis: & rather hike those flowers. Especi- thought about the usual things. the same day at 2 pm, on the Indian Co. (Mr. W G. Saunders) Robert- ally the dresses of the ladies, whom Hanged if we will write you a Recreation Club Ground at Sookum son, Wilson & Co. (Mr. G. W fashion has ordered to emphasise leader to-day We don't feel poo Valley and not on the College Sewelll: Alex Hoss & Co. (Mr. A their sex, advertise the solstice, and like it, in this weather Stone Ground as previously advertised 8. D. Causland, J; M; da Rocha play particularly poignant calls walls and iron bars do not make a

& Co. (MEA. D. Barrettol, Rudolf upon the bugle of what the poet, prison, nor do these office walls and

Wolf & Kew, Tad. (Mr. C. H W izaofing, the weaknesses of Forty) | doors-- If we cannot get out, at

BOWEL COMPLAINT IN(Mr A. M. Bowes Smith); E D Kew)David Sassoon & Co., Ltd, talled the young man's fancy least we can refuse to stay in, But here too we cannot get out Our carcases may rezsin at our

CHILDREN. from the cage of deportment which daska, but our souls take wing and Dare subject to disorders of the (Mr. R. Farant); Shui On S Sassoon & Co. Ltd. (Mr.». B URING the summer months children Gubbay); Sheran, Tomes & Co.. social conventions have wrought, follow the seagull and the swallow, To: that limey, blquse", that tudly, and salt the uuppy, wryksters that g skirt those tramides, the wet do taste the joy of potsides it satul attention.

«manatural" logimian-of-the-

Skom

ther directs our eyes, the season now is. Was there in truth a time noticed Chamberlain's Cole Bad Diare Soares & bide us rejoice in it, the clamant-when life was differently ordered; | rham Remedy should be rent For sale Boazer) De Bonsa wpicy of the Open tells us to sp when fine weather was free to all, by all Chemista and Btorskeepers.

RESOLUTIONS

Kowloon, with reclamations and other

Stamp Duty on Agreements for velopment of the Colony calls for to loss of revenue since many Charter saler of goods, view of the fact Bome of us think that certain roads or Parties, with routes such as Hongay- Swatow, will probably be executed. that no such similar duty has other works are not of immediate previously been imposed with practical utility and there will always out of the Colony which is not directly in the British Empire, and in be differences of opinion on points of concerned in the business. view of the fact that this pro that kind but, taken as a whole, I It appears to me to be unnecessary pooed duty will fall far more do not think the Colony is marching to penalise Blank Transfers of Securi heavily on the European mahead of the times in these various ties in many special cases such a porter and will not affect to developments. A visit to Shanghai when they are held aganist bona fes anything like the same extent and a view of the rapid development advances for specifie purposes, the Chinese dealer, and in view that has taken place there in the A to Bills of Lading tax of 30 great practical diffical-spread of the settlefients away from cents on 3 freight seems to me high hich such a duty will the early business centre, brings home and again may lead to loss of revenue

Sale of goods how slow in the past has been the on the many small shipments casa in this Colony, this development of this Colony compared wise. It seems better to apply

opposes the with that of the Shanghai settlements, higher charge on freight-of this proposed

duct

de Bover and

GOVERNMENT: LOANS BUGGATES,

We want more house suxommission and lower renta, and we can only get much advantages by opening

18.: 14 does. Bor

the Charge more

rate of Ed

(Continued on Pass

: