1891-04-30 — Page 6

INTIMATIONS.

HONGKONG

RADING

Co LD.

GENTLEMEN'S OUTFITTING"

DEPARTMENT.

—་་ ་

NEW HOSIERY TO-HAND, BY Recruт ARNIVALS,

SILK and SPUN SILK HALF-HOSE. WHITE and FANCY COLOURED LISLE

THREAD HALNHOSE ****

·FANCY COLOURED and

STRIPED

MERINO HALF-HOSE. NATURAL WOOL HALF-HOSE, PLAIN and FANCY CASHMERE HALF

HOSE.

BALBRIGGÄN HAB-ROSE.

VERTICAL STRIFES.

40

Bo

12. GOLD MEDALS

By Appointment

KUHN & CO.

MONGRONG.

YOKOHAMA (Established, 1869). THE ORIENTAL-TINE ART DEPOT.

Known sa the Oldest and cost relialde

lishment in the East. Hongkong, 9th February: 1891.

BY APPOINTMENT,

[389

procedure. If this is not the sit is desirable that the supposition should he corrected, for it is, to the unofficial members themselves and act to any one behind them lint the Colony looks, and

THE DAILY FRASS THURSDAY APRIL 30mm, 1991.

REUTER'S TELEGRAMS.

DE [BUFFLIED TO THE "DAILY PRESE

LONDON, 27th April; THE CIVIL WAR IN CHILI. hne a right to look, for light and loading. A torpedo demolished the Chilian insurgent If it is discovered that the light is only reinonclad Blanco Excalato; 200 of those on board flected the influence of the hon. gentlemen both with the coinmunity and the Govern ment will be raaterially lessened. Be all

this as it may, however, the unofficial mam. bera must be held enticaly responsible for the latter, though its teno may not be exactly what might have been expected had they drafted it themselves.

pertahed

The next paint that presents itan in the criticism to which, the letter was subjected by the Governor. The objectionable expres sious it contains were alrnized to the utmost by His Excellency, who seems to Live MARINE BLUE, SLATE, DRAB, COT. | allowed" his irritation to mewhat dull

TON HALF-HOSE.

hio judgment. He takes exception to the letter in two capacities, first, as Hor Ma- jesty's representative, and second, as Bir WILLIAM DES Vaux. Commenting on the HONGKONG TRADING COMPANY, LD retaliatory measures taken by the German Emperor in reference to the insnits offered to tho Empress FACDEBIOK in Paris, a home- SILVER MEDALS paper recently remarked that the Archduke of Austria was wise who, when a courtier intentionally trod on his foot, exclaimed, "How clamay that gentleman is:" his rank. was too high to allow him to suppose that init could be intended. So in the present case we think Her Majesty's re Estab-presentative might have assumed—as we believo is the case to far as the officiał stauers themselves are conecrued that any want of respect apparent in the letter. was accidental and not intentional; white as Bir WILLIAM Das Voux he would-have done well to have borne whatever pain the letter caused him with that equanimity

ESTABLISHED AD.1841.

of which he made mention on Monday in MANUFACTURERS OF AERATED

his lecture to the unofficial members. From WATERS..

the fact that His Excellency has cow.com Ora New Factor has been vroonily rifitiei municated to the Press a speech which be with automatic Steam Machinery of the had intended" to deliver in Counci, it is to Latent and most approved bind, and be presumed that he doce riot intend to are woll able to compote in quality with aneet the Council again before his departare, although a meeting is to be held today. This, we think, is another mistake and one very much to be regretted, because the rea- sona. for adopting such a souras may be open to misconstruction. But whatever mis- takes His Excellency anay have made arder irritation, which must necessarily have been very keen, we are sure the conmity as a whole will regret that a Governor with whom they have held such friendly relations and whobis commanded such a large measure of respect should leave the Colony with other than pleasant and codial feelings. The aacfficial members themselves, we venture to think, although they may not have been able to accede to the Governor's terms of pence, must nevertheless feel no little regent that the ill-advised course on which they entored bas led to such untoward results.

S. WATSON & COMPANY

LIMITED.

the boat Baglish Makers. The purest ingredients only are used, and the utmost osre and cleanliness dre oxorcised in the manufacture throughout.

LAROE BOMBAY - SODAS.” : ser We continue to supply large bottles as beretofore, free of Extra Dharge, to those of our Customers who profer to have them to the ordinary size

COLST POET ORDERS, whenever practicable, are despatched by first atenter leaving after receipt of order.

FOR COLT PORT, Waters are packed and placed on board ship at Hongkong prices, and the full amount allowed for Packages and

Empties hea received in good order.

Counterfoil Order Books supplied on applica -tion.

Our Registered Telegraphio Adresa i DISPENSARY, HONGKONG, And all signed mossages addressed thus will roosise prompt aśtension,

The following is a List of Waters always*

kept ready in Stock:

w

PURE ABRÂTED "WATER

SODA WATER

LEMONADE

POTASH WATER

LITHIA WATER.

BELTZER WATER

BARSAFARILLA WATER

TONIC WATER

GINGER ALE

GINGERADE

The Portugum gunbost Titi want into lock at Kowloon yesterday.

The particulars of the Lawn Tenuta domble handicap will be found a car advertisement column;

'DEATH OF COUNT MOLTKER Count Moltke-is dead.

Tarks in Syria against the Viceroy Mehemed

In 1871.

SHANGHAI SPRING MEETING BADES.

companie

with

of eight not only the snormous game which hyeo

arrive too ists, it in unnecessary to say anything the focul Marine Insurance companies, with ng. 80,000,000 for 1889 and $5,000,000 Box this feirailar positions with those of the poopla of farther, but as to the other the second reengragata spital of $1,850,000, ara quoted at nearly Deduoting from this dosroase the 8502,600 laTerkong. I am unable to consolve that there Further information may seem to be required.300 proant, 350 per cent, and 100 per cent, pesarese in the British Banks, there is left $200,000 would be the display of opposition to the It a senrosly nocetary for me to rom yon miumrespectively. Carrying myoge downthellatio that there requires the large decrease of incresand military contribution. For however that during the gaur 1899. there was appointed and the Rongkongaud Whampoa Doak Company $1,800,000 in some nascostable quarter to is it any be to be asked to pay for what Committee of the Council for the purpose of shares (with a paid up capital of 1 million make up the two millions which would be the has hitherto baan ohisinad fros or for compar angebring into the malaries of the public offers deilan) are at 8 per cent, premism, while those of minimum amount to jatify the hesourable atively smal payment, I do not think there and that that Committee, omposed (with the the Hongkong and Kowloon Waari and Godown member nindefinite statement as to millions" would be grudgad a contribution, which is after all ant a small proportios of the past of exasption of the Chairman) exclusively of un. Company, an which, an aggregate of 31,000,000 of dances mention that the Existrartens, it worn anderstood that our fellow- oleial members, eventually roommends un. is part op, are now worth over $1,590,000; the should animously a large inores of the enarios of China and Manila Stern Navigation Corapany's Goneral in forwarding his estimate of Chiness netrymont hams are far more heavily taxed great many affoers, and votes generally in shares, with paid-up capital of $175,000, Are Bank dugansits occupanies it, with the stata than won, and it were barnefo mind that accordanse, with that recommendation, but on ab about 100 per cent; and the $1,600,000 ment that despite all losses, muasy is at pre- thay are alone paying the debt which anabled The folisering akaton of the ourens of this differens principle, spreially authorisert by waid-up capital of the Hongkong, Cantes seat pisutiful among the Chinose, and flat Great Britain and her purple all over the worth the rate of-interest among thom just now world to maintain their independence of foreign distinguished and veteran soldir. Is taken than Beorstary of State, were in October and Maono Steambost Company is from Meneftha Tone Moltke, Helianthast daring my abanos from the eslony, $2,660,000. Similarly the shares of even other is 49 ponts par month par $100-this being domintion, and bear moreover not only che rile Court Van, Chiot Mursas of the German pulmonaly passed by this Council. La rioy companies (Clins Sugar Company. Hongkong searcy over 5 per cont. per annum ead is eren cont of their own defense but in a very large

pimportion the cost of Colonial defenen sien, Empica, Chief of the General Staff, is dan of the apparent onenialty of the Council that Land Investment Company, Soulété des Charlower than the rate among Europeans

And now regards the ficatcial position. cended from a well-known becklenburg family, these increases were only a matter of justice to bonnages da Tonkin, Hongkang Hotel Com Now as regarde land, which the honourable and was born at Parobim, Oct. 26, 1860, in the officere cocaread and in row of the fast pany, Hamphreya Estataand Finance Company member aaya hestaflen greatly in value, Ide not when I read the banourable member's space I the neighbourhood of which pince his for tout the Secretary of State had not disapproved A. 8. Watan & Co., Hongkong Ise Company) doubt but asregards 2001siderabloarea of the legs at Hrst intended to supply in detail the Taalta a former officer of the Mollendorf regiment, the principle of a general'inorases, them wand principally owned in Hongkong, on which was valuable land of the Colony there has beu com of a exhaustive banination of this subject: now worth adorable dopreointion by comparison with the bat this is now impossible consistently with the possessed the salate of Gnowits. Boon after dem to bo a great probability that His Lordship originally paid 80,223000 are Hellmuth's birth his parents settled down in will suaction at least part of the recommended 312.240,000, which added to the Agures repro-inflated prices of 1999, but I question whether portarmane af work absolutely necessary to Holstein and thus the boy, in bla tolfth increase in the majority of cases, and I think it septing the paid-up capital and present markot there has been any depreciation at all na regale be done in the short time-betoro my dopar- Tear, went to Copenhagen, in order to devote act at all alikely that some of the offers con-val of the Hugkong Bark and six companies what is of fudocaparably grasfer importance, vin.: fare, and ane gre I might foil on this. himself in the barracks there, to the military red have made arrangements in anticipation just mentioned give a total of 824010,500 paid the large aron of specially valuable land in Vissense fa much lessened by the onsideration profession. In 12 he entered the Prussian of this sauction, and would have ground of vary. in respect of shares which are now worth toris. For though a seller of auch and might not that for masons abové given a general die Eervices, as a lieutenant in the 8th fatsutry serias complaint if those who kaya mada to chars 86.177.500. This, however, givas only a partial as randily obtain the anae price as in 1897, Icussion on the financial position is only to an regiment, and studied in the Military hat was printezlly a conditional promise view of the situation. A more complete view in have reason to doubt whether, anlasa puder ox. ortremely limited oxtant pertinent to this sub- Academy. The war had nearly cured his should, by now deprecating the catation of this furnished by the following statements and figures optional circumstano, the pries to a buger jest of salaries, ant that it had for other res- parents, had the young afficer was thrown Recretary of State, endeavour to preclude the supplied to me by the Registrar of Pabile Cor's wedd be any low so than thon. On this Woint sans "be better postponed until the oviders- I will read what is said to me by a gentlemintion of the Estimates for 1892. I am able, bow- satirely on bis own resources. After having condition which is alone required to render that panies →→ spent some tias in the School of Division of promise biodlog. As the estimate which contain "At the end of the year 1897 there were 30 whose passition is likely to render bin war, to say anongh to render it clear that ove Frankfort-on-the-Oder, Moltke was entered these increased salaries areonly voted for oneyear,publio companies whose shares were dealt in in specially well noquainted with the anbject:financial position, though not wholly satisfactory. into the General Stat. Ia 1805 he undertook the Connoil, will, of couran, he at Fall Kberty to the Hongkong market baring an aggregateThe value of Marina sad Inland lata has not is not ong which gives any more reason for

pait up capital of $26,233,400 sad the market in my opinion deefined-sinos 1888. Tae ia-alarm snil dupondancy than the general cen tour in Turkey, which brought him, ander reconsider the position with reference to the the notice of the Bultan Mahmoud, who Extirates of 1992, and public ofloors will under "valon which was than $46,870,125 To 1893 three trinsia values of lawa and saburban late arredition of the colony. I obserrs the heanurable advised with the young Prussian officer on stand that thongh these salaries may be fixed at of these companies went into liquidation and a "insressed within the last two years to the arubar stala thint Becardior to the intest the reorganization of the Turkish army. a given amount for this year, it does not follow "fourth reduced its expital by $175,070, and at tont of $2,000,000 at the lost by new buildings oifal faformation thers will at the end of Moltke remained several years in Tarker, and that they will rasia at that rare for next or "the end of the ama year the 23 remaining com- and improvements. Even where no improve the 7 boa deficit in que fixares of $100,000. in 18-19 took part is the campaign of the 507 subsequent year, shout the airamalanospantos representada paid-up capital of "monts have been affected no house pro-Prosurning his correct, or as I think rory

I el sostaly. of the colony rogaire a redaction. Bat for this "$25, 158.003 and a packet value of $44,351,325,perty in Victoria au ha parekasnd now, possibly under this mark. Ali of Egypt and his adopted son Ibrahim ear. I rageril thur-rebuneration in so far as "or an increase in the market value on the 21 undor ordinary circumstances, at a less price say that much a statement, without explant Fagan. In 1863 having returned to Prussia, astica cu the part of the Corneil is concerned."companies for the year 1998 of 34,021,940. Inthoc in 1889, Honae property is the villages this giay key wresz impression in the and pablished an account of his Tarkish as dednitely fixed, and any attempt to lesson it the same year the shares of 13 additional bos inoconsed in valas, particularly as Yanmeti. ontsida world issue as it leaves matindy out experiences, La became adjutant to Prince now would sam to me something very like the companies were placed on the Hongkong and the only apparent depredation is in ea Henry of Prussia, the resident in Roets, and repudiation of a contract. And I of muce as market representing paid-up capital of urban property, whics is gooseload wolely in the last tow years been expanded out at Ba after his death, in 1847, was engaged in can here the word "contract" got in its striot legal"$1,709,640 and market value at the end from over-building. A great increase in rentals renne upon pabllo works, alsewhere ordinarily took place in 1989-89, owing to the grant eam provided for hy team, but also omits to antice zestion with the general command on the sense, lint in the sons of moral obligation. It of 1883 of $1,590,000, giving an increas Fuhine. becoming, in 1948, & mander of the. I trast, needless for me to express toy utter for the year of 10 companies, $2.01.040 bar of two-storied bonee which wara than palled (which is for the purpose' more important) that Grand General Staff, oud, in 1849, Chief of Usbolief that the honourable member who paid-up capital, and $7.691.200 in market down for the purpose of building hens of $830.000 of this year's expendituro which is N- value. Thus at the end of 1838, thare three stories in their plaas. During the period tinted to cause this doit is also for extraor the Staff of the 4th Army Corps, in Magde-origined or those who expported this more berg. In 1859 he was advaanal to the rank meat would have had any part in it were 16 companies with an aggregato paid-up of pulling down sal robailting there was anary public works. Allowing for a pacsider- of Chint of the Grand General Staff of the they had reverta terin this light, and spital - the ear fata of dearth of house acomodations 3ple falling ofiartain item of reveano (as "which was $53,961,335. Two of theto som-families left the colony, not balar abs to pay which, howeve. I should mention thRT","THE" Prussian Army, and in 1559 becamion lieuten-yet B boord to buy that if the extremely Ent-general. In the Austro-Italian war Moltke gudridus pictars which the kontueshia mem-"panies (with a total paid up capital of $200,000) the higher rates demanded. I find that Chigeant Fall in assed tax anticiple by was pressat in the Austrian head-quarters ber has painted of the condition and prospects of arg now being wound up, bat the agengste note traden fornsely paying at taste of the heaoblasher is, I understand, in fant After the conclusica of peace, ha spared no the colony were a correst or there would be values of the shares of the remaining 3 amount $35 werd ootapelled to pay $50 a month for not likely to axosed 2 per caut.)-albing, pains that he might fally davales the capacities at least ground for arguing the existetee of the "at present to 204.421,050, showing an increase rant or leave and a thoie business. Thot however, I 7, for a ponsiderable falling oama the avertailding, upwards of 701 now off in certain items of ravanus, sal in the of the Prostian General Staff and the milition which would justify-I will not say after dotacting $1,715,009act increase to capi Pressian Army When the war of 1864 repudiation-bat brenda of a lagal atrael,tal of $8974.75 as compared with December.homes being built to coeta durand for matter of expanditure for the ingred mili- against Denmark broke out Moltke skstobedi inability to pay other equally binding 1989 Inn tition to the shore 34 companies about 189 hod. Tan, rod action of roats tary opriribntion, and for the page! unter the plan of the campaign, and assisted in its obligations in foll. Im sure that the honour there are 20 ur companios registered since followed of ouures, bit I do not #ad that the ner instructions during the current year of execution, Reting similarly in the case of the able member bad se intention of this kind; and December, 1939, whose aboare dealt in fu threats in Victoria have decreased poopt in Desember sufurias (nating to say $20.000) war of 1966. The whole plan of the Habomian I gather that his objast was simply to show our Hongkong market. The total paid-ap spitaleas where they had been previously raised to which in previous years have been paid in the ruspaign was due to the Lieutenant-General, inability to pay these increased salaries in per-"of these 20 companies is $13.693810 and the "an almost prohibitive ezzent and there is no following January, Iam of opinion, as previously who was personally prosant in the battle of macenes in thз absence of additional tamtion. "aggregate market value of this mapital is geareal opposcanos of reduction in capital state, but the dedit will at the oud of this year ba'considerably more than the $109,09, mention- Königgrats, which bu, led, and in liko wander But whatever may have been the honourablo: "8,779,509, showing a depreciation in the value valESS"

Now though this gentleman my passed by the housurable member, it the full amount arranged the lid advance of the Prassian. member's intention. the affant likely to be orest-of these new companies of $12.910 as compared columns against Olmats and Vionne, and ed by his spoeeb, if answered, is far beyond with the paid up capital. A further analysis bly be somewhat over-sangning in bit views, of $820.000 were to by expendol an extraordinary negotiated the armistice and the preliminarios this; and an I regard injury to the credit of the "shows that of these 20 companies the aggregate, I myself hava reason to believe them by no publie works. But judging from the rate at of pesos. Far the services, he raasived the colony as likely to inflict greater loss upon the market ralue of the shares of 5 of them is meas far from the truth, and I know them to kinh the departmsat works I am disposed to Order of the Black Eagle, and a national colonists than that involved in these increased "84309,940 in exness of theirtotal paid-up spital, in correct as to the increased value of loud in think that this estimate of expenditure would dotation. To Father Moltka" Vater salaries even when coupled with the increased white in 14 of the 20. there is a depreciation to the villages. In any as they make clear that bara boon considerably beyond the mark In Moltke), as he is funilarly formed in the matary contribution. I have deemed it my duty the extent of 85,722,7 below the paid-up some of the causes of deprooition are oatirol y circumstanne. And in view of the fact- German army, and his brilliant strategy are to examine the subject calmly and deliberately capital. Of the 14 latter companies 7 ure new consistent with the absenciu any genazul that some nex works, such as Gomur's Peak Feniless the prosecution of which I sacribed the splendid rioterios of the German in all its various marings with a view to deter companies engaged in purely local business, decline of prosperity.

While abandoned immediately after my return to the To sam p-tap-slustion. arms in the Franco-German ar He was nine whether the picture of our position the shares of which are deprsolstol held paid.

large su polowy) will not be proconded with for this pre- tho Commander-in-Chief. The whole plan of drawn by the honourable member is a orroot up ospital to the extent of $506,000 only, and must be admitted (1) that a the compaign was do to him. In recognition one, and I must now anke a short further tres" the remaining 7 sampants whose shares ahow of money ban lost to the colony went, aut fund there has been a temporary coss9- of his unrivalled services, Malike, who was pass apoo your time in the nadasvuar to pre-a depreciation of 8.120.750 balu pit.up in outside enterprises; (3) that orring to the tion of all now pablin works in an of "ospital are companies whose businesses or en great building operations of wont far, the the wount telegram from the Secretary of already a baron, was created a Count (Ost.mant to you the result of that examination. 28. 1870), made the Chief Marshal of the. In approaching the subject of the honourable "terprises are stunted entirely outside the supply of houses is now ernsiderably in areas of Stata. I question water at the end of the your German Empire (8pt. 1871), and again member's spaceb, Eam bound to hear testimonysalong. There are now therefore 5 pub to the dsmand; and (3) that the value of load has there will be more than a very small defisit, even paid up capital of consequently fallon below. what I not judistinctif. a searosty anticipate, the whole imprese of ressived a national dotation. The illustrious to its ability, and to admit that the painatakisu Marshal, who is generally regarded as the first research of which it bears evidence he brought "$44,074,950 and a market valus of $77.000.550 ly intimated as the intiated values of 1980, yet alaries voted by the Commit shanld be approved strategiat of the day, rosived from the Czar forward facts well worthy of rotative con- as against 2 comming in 1957, with on the other hoved there are: (1) in the pray the Secretary of Stats. As on the other the Order of St. Georgs, the highest military Rideration: bat on the other hand as the result paid up capital of $26,233,000 and thar aperoas condition of all our leading auterprises hand there is likely to be little or no left of dedorstice of Russia in Oct. 1870; and frumet my examination of the question, I £nd i kvalno of $45.870,135 and 30 companies and industries, (2) in the increased quantity of one sarples balancas, there would in all pro his own oversign the Grand Cross of the unpossible to regard it otherwise thin as the "in 1883 with a paid up capital of 524,867,310 shipping at a time of unnanal depression all over bability to a cousuiorabis desi hy the end Order of the Cross Murol 22, 1871. An address of an advocate which, to any the losstand a market value of 353,931,525, abswing an the world, (3) in the increase of the regalar trade of next year, if we continue to defray out of English translation of his "Observations ou makes the most of the facts adduced in favor increase in the last 31 years of 28 consular of the eclony a erkienosd by the Imperial Rience the great drainage sad water distribü the Influence that Arma of Precision hare da of his view, and entirely ignores all those which $17.841,850. paid-up capital, and $39,330,425 Customs ratams and considering all things (4) tion works now in progress. This, however, is not

'market value.” Modern Tactins, was pablished ei London tell in favour of the other side. In order to

even in the small dearoasa, if therobosay doorene, kely, and thura is every reason to baliere that. Compare therefore heighten the affect of the gloomy pioture which

Aither with what in the Bank deposit sapunts-ture cre. Tsay, in the Shoretary of Stata, whou be hay be placed (whatever his motive) it has pleased him to draw ay be called the Agures of spiciat enaeoss, all these things indicationsof distinctly favourable iu a position to satiate the condition of affairs he has instituted a contrast between the present or with the figures of all companies and promise for the fatura.and sach. I veature to will sonition au for public works such as in fas he would seem to alloga) abject position of cessful or unenessful, the Agures of failure, think, as give strong grounds for the balie! that every one of thelarger dependencies of the Crows the colony with that portrayed by my so-called or throatoning tailare, ar pany indeed, and any depression that exists is aarely temporary would have been raised long ago. What should "brilliant" despatah of Chatober 1839, and be it is to be borne in mind test the pre.and na oo many former pocnaone in the history} be the mount of such a lain I will not under- anmistakeably conrays the inference, though he sent is a time when owing to lowes in of Hongkong is only the, promrane v still take to stints. It of courss depends on does not entually my so, that the description tha spesulation all such concilios are probably ander farther aarongs of prosperity at ao distant time,than extent of the public works which it may giron was irrach. In one passage if correctly their normal valus. Now notwithstanding the It may be indged therefore from what I have be determinat tonndertake. But I may men. reported he alleges himself to be almost quoting fact that the sixros of these companies were in said that I do not at all share the gloomy tion that from statistios farished to ma By Tory words when be says that I referred to 1859 delven up by speratation to prise con- anticipations of the bourable rember. You stimate at $50,000 the increased 3075me front a vast outcome "in a healthy state of progress siderably higher than at presont, I vanters toue doubt have frequently observed that the hs now central market, from the new ox- Again by Wear, as sucu Bottles are never adrant: Clab were at half mask gastarday on 10- The GREAT NORTEDEN FLATE, value, 793. 100; eyes any one hearing of reading market there is nothing pointing to way serious make a entra caposing show, of followers, will and from public laundries, and at $11,000 with prosperity extraordinary and prospecte think that from the point of view of the share organisms of Chiusa prasinus. in unter to ended depots for cattle. soep and swina, these words prospects unguißent" (whilator porminat daclias of prosperity: inded after engige olies whose labour-soilo rags are that feon the now wat dietribution works by-the-bye I novor use) as contrasted with his careful survey of the position at this oritic barely hidden by ants thrown avor tham making together $61,000; so that from theas subaquent representation of the depressed con-period I believe that any competout and im resplendent in gold and colour. Now it too sources above there would ha sathint to dition of the colony, would infor that I had partial judge would say with confidence that the to me that the honourable mombras pay interest and 1 per cont.. siaking' fuud on a dealt largely in prophecy as regards the imbas ness of the colony in so far as it is bondneto reversed this proosa, and has passeded to loan of $1,290,000 at 4 per cent. mediate futura, sad that sugh prophesy had been by joint sleek companies in generally invoy the moment, but poly. I trust for tho

thingcoidared thorafrikough-I-am This PARI-MUTCEL CUP; valus, Tix. 200 added felbed by the ereat, wheres this

moment, net orly sound condition.

in thepwing a qualid_overing by ne mens sure that some of the increases of to a Swoopstakes of Tis 10 each; escond pony true but in one important reapest the oract op Happily there are indications pointing in over the brilliant uniform in which Hongkong salaries do not cagaire re-consideration, I am to resciva 33 per cent, and the third peny, 10. posite of the truth. If indost referred to the same direction from several other qurususly appears to the outside world, and which completely antifed tant with a very moderate por cent of the stakan: for Chins ponim; trado sa apparently ju a healthy condition of ters Though the absence of rasaras I shall still venture to believe is rightly belongloan for publip works and in the absus of weight for inches as per scale: griffima at date progress, despite the rostrictive measures renders it impossible to spank with sering to her.

circumstances imposible toforesse; thecais avors. of entry allowed 7lbs.; non-starters and winners against. Chinese in the United Stat nad taluty as regards exports and imports, it Before coming to the financial position of Ron to believe that the ordiatry rovenue from at the meeting, 7ibs, extra: One mile and a lugtralis, and the decline of the Tes Trade, the itelefonity to find that the shipping the soles, which the honourable member raita present sources will be sufficient to over

full affects of which I mentioned as having not statiation of last year point to an increasing yards as so satisfactory, I think it right, the salaries as increased by the vote last October Mr. Waveney's Noirmont, 1st. 4lbs.... I then been fally faltad this reference Rhal cather than a decreasing irada. For acaling however invidious may be the duty, of touching on as well as the increased military contribution. The "BANG Boner CHALLENGE Cur, vaino, prassatly give-remona for 'bolioving correct to the reset report of the Harbear Master, the another subjast, akin to it, respecting which the As regards the fabare, though there may be Ge. 100: presented by D. E. Sanon, Esq.; while expressed no doubt that land would in tonnage of visuals ontoring, and clearios from, bonparabla mesibers statements, if loft without expected some loss to the next sale of the Opium for China ponies that have never ran previous the course of time base usere valuable than it Bongong reached in 1800 the enormoni figure orities, would do a serious injury to the wredit Farm 4 corapared with the large sum obtain to the lat January of the year in which the way then, and this I bave still stronger reason to of 131 million tone-or considerably higher than of the colony if, as is probable, it should shortly bed for it under exeptional. circumstances in zoeatings new held; to be won at two consson balieronow. Bat, with reforon to the immediate those of my former year and axoowding by come necessary to raise a inn for public works. 1839 (bolag some $26.00) par anuum higher tiva meetings by ponies the bona fida proparture most distinctly expressed doubt whether 1,000,000 tons those of 1889. It would thus ep. After giving variɔak masne why the Rhrone than previously), there is good rom for nati. ty of the same owner or owners: weight for spopulation had not undaly raised the priors bathpear that my anticipation of 1999 ia shewing it was likely to driudle, and why presumably if i gating arances in other directions: (1) If at inches us put sale; winners of one rzna, hiba of shares and of hand, and plainly intimated the self to be correct, and that trade in other dire conned to its present sources it would be the this time of exoptional depression from which aziza; two or more rased, Bibs extra griffins peability of reaction and consequent distress to tions is compensating for the deficit daand by suloient to most extating charges on ti, ha penile fots ibora, referred to seem to indicate the nt date of outry allowed 5lbs./100-starters at all those who had been speculating bagood their the decaying ton export sud the stoppage of oseds to say that the taxes are already rory beginning of improvement), the vessel tazoa the preating excluded; outranada, Tii. 19; the means. So far from partaking largely in pro emigration to Zustralia sad the United Sintas, light, and that though rates af 13 per cent, should prore to have fallen off as estimated only first pony to resive serati-va por cont. of Dhoop whether about the immediate or distant. And while on the subject of emigration on the zontal appear moderate, they are 28.per cent.. Iventure to think in ziar of the the entrance fees, and the second pony twenty-future, my despatch dealt almost exclusively may mention that the accounts recantly received roality heavy innstation as ronte a hero uerossing anomaltrate that there is good rea Siyo por vent, until the cap is finally, won, with frets, not one of which in a far as I know of the condition of the Chinass in Mexico about three times as high as in England son fer believing that this loss will be very when the second pony shall rooivo soventy has over been impagned, and the only passage are so fatourable that if they should be in foot ho give the impassion to the outside quickly compensated by return to a normal con- five par cent, of the entrance fees, and the other then those referred to in which the fature confirmed I think it only right that the Ge world that the taxation of the colony is already dition or if there should not be, ss. I cou third pony bwenty-dva par cent. One mile was touched upon at all wm the following rarament should ancourage the emigration excavilagly burthensone and that the Govern Adently anticipate, a farther upward progress and a quarter.

“As far as is known all, or nearly all, of these thither which it is desired to conduct from ment relations with the people of Etcugkong are in prosperity. (2) The ravenue from prob on My Hampton's Comus, 10et. 10lbs. ....... 1 companies, especially those whose field of opers Hongkong. If it is true, as I am informed, that analo vas to those of a landlord with rock-routed subsidiary coinage, so far from showing ans The MANCHU STAKAN, value, The, 100; for tions is Hongkong, have good, anus of them ax Mexico will welcome all the free Chines which tenants. I venture to think that in this matter signs of diminution tends steadily to corre China: ponies, bona fide grifins at date of cellent prospects of scossa. And even here I can be out there, I shall expect that in ne long he has given a very wrong impression; and in Owing to the exceptional demand for tiress coins. entry, that bors ran and not won a roam ut expressing my own opinion, bat (as a time the trade which will spring up with that fact, speaking from oxperience which is by no notwithstanding the institution of the Cantor weight for inches as per sente; entrance, sheva from the words as far as is known") the righ contre-ich I meme in its soll and its measga nar noe. I can slate the mouldent mint. I have been compelled to raise from Th, 5. One mila and a gaarkers

opinion of the community, and that I was uplated minerals-will not only equal but surpass all belief that with probably the single exception $1,000,000 to 31,500,000, the annual requisition Me Kitman's Pit-a-pat, 10st. 81bs.

to infer from the prices of the shares and the fact that has been lost by the restrictive laws in the of the people of the Straits Selfseals, if that upon the Crown Agents; and if the mint should 1 ....... Chinese girl who was playing in the street. His The TANGISZE STAKES; vaine, Tls. 150; for that no nots of warning had anywhere beea Cnited States end Australia But however this be an excaptios. the people of Hongkong arabe able to supply us with ike zmount, I an.. China ponies, weight for inches en per scale; sounded. It is true that I expressed no dissent may be, the correctases of the indication from less taxed, and probably far less taxol, than any ticipate that the revenue from this sourer winner of a ram of two miles or over, 5lbs. from this opinion, boros I had no reams tonnage that the volume of trade is inns. other equally or more important community in for this your will be at least $90,000, (3) Rans exure; entrance, Th. 5. Two miles and a to do my and it would have been praiumptuousing was sigually confirmed only the other the whole world having a pretention to civilised from fand must estiune to increase in amount bulf.

For me with regard to purely mercantile day, sings I began the examination of the Government. Thora are indeed within my ex as fartbar isud in sold, and will wren maka 'Mr. Charley's Irkðala, Hat. dib 1 maltors to express, opinions opposed to those qustion, by the statistical report of the parience very few passwberean urban population considerable advanos this your.. Indeed the The CONSOLATION CUP, Talus. Lla, 100 for of a mercantile sommanity. But oren if Chines Customs for the last year (for a has not to pay olhambeary direct or indirect permanent revenus from this sure wit ponies that have run at this meeting and not the anticipation bed bosa ray own, I am by no copy of which I am indebted to the kind- taxes, besides all the rater and taxes in an equal mount very rapidly, if, as I most sineurs won a reen; weight for iqobes as por conte; moana sara, despite the hoonesha member's nem of fir Robert Hart and the local Com or greater degres which are paid by the people ly hope, the policy should be maintained entrance. The 5. Once round.

atatamente, that I should have much muse to re-missioner), Though I have not had time as yet of Hongkong. To take the ease of the mother of partoitting the commatatlan for increased paniss referred to are not only carrying on bast for my perpess to take the figures showing the instituted a comparison in the matter of rents. There will always be a strong temptation to Mr. Neptune's Resolution, 11. 1lb........ 1. gret it. For I had some 26 out of the 31 come to examine ascefully all the figures, it allow country with which the bouratable member has rent of a sousidoreble portion of tas preslums. for and open only to winners at this meeting news with a paid up capital of 63 millions, but alas of the general trade between China and Thors are few if any important somerdal or abandon such a pelioy at a time like the present optional for the winners of the Consolation appear to be on a sound holing. From the vagkung, which are taul 129,959,507 for 1888, manufacturing towns in England where the when the current account is roaning low, but Cup and the Roadster's Plate, not exceeding present, velse of the shares, the greater portion tale 118016,383 in 1889, and taals 125844,001 rates are less than Gd. in the for 30 per cent. am outdont that it is the only sound policy, and 14 kande 3 inches in height; weight for inches of the capital mentioned appears to have been far 18 Thas the value of our trade with on the rateable rains, and the indepaciently, that, if stilly maintained, it will in the cours se per zoele; entrance, T. 10; winners of two well invested, while others of these companies, China actually incroused at your by more than where it has not been committed, of some 9. in of not many years render it possible to consider. two races, Tis. 15 extra; of toore than two though their shares at this time of depression are fuels 3,000,000 as compared with 1888 and by the & inhabited bous tax on the actos rental ably diminish the weight of taxation. And whils races, Tls. 10 extre. One mile and a quarter. at a discdané, cantict be yet asid to be a failure as over feels 7,600.000 (or about £1,750,000 ster and I was informed only tho other day by pro referring to this matter of taxation, I think it well Mr. Sassoon's Here.....

they have not yet had time to fully test their ling) as empared with 1889. As also indicating prietor of houses in the City of Norwich that the on the eve of my departure to corrcot az itapres Mr. Sassoon's Zephyr

capabilities of success. It is no doubt true that that the volume of trade is not decreasing rates there were 18a in the £ (90 per cent) on the sion which I may have given in a recent spevoli, neven of the companies-referred to, get "many" may mention that from s return famished by rateable value, or some 80 per cent. on the sotuar to the possibility that any substantial increas the Colony and for the gentlenen immediately-unites on the Bill entitled The Gabler THE GOVERNOR ON THE POSITION nidation, but even as regards those as well first thris smpnths of this year 174 Okt-member alloges-os-to route bore being about this Colony to mast the nama firte as the Wort In- as stated by the honourable member, are in the Beghirar General, it appears that in heal rental. I do not forgot what the honourable of taration would, by driving trade away, ouues concerned. Ou former nemis.one when dife Ordinance, 1891.” .

AND PROSPECTS OF THE COLONY, we some of the others which have not yet new shops were closed, and. 256 opened, shaw-three times, as high as in Eozland, but there as dian Island of St. Thomas, ferences have arisen with Governors the un- There is a popular belief that the inventor of

been mccessful it might recy possibly bavo ing a favourable balence of 62, and though in other passager of his speech I am disposed to From farther enquiry into this question We have had forwarded to as dopy of a speech been mit, not without a carfuis correctness, owing to my bang washie to get the think that he hasenwittingly used the language of (which I may mention only suggested it official members of Council have been able the guillotine, was the first to aufer for his which His Excelener han intended to deliver in on their being landshed, that laefe pre similar ratern for former reses I do not count hyperbole. No doubt there may be found places in self to me ou the spar of the moment to count on the active and cordial support walks of life the same zale appears to hold good. Council in reply to Mr. Whitehdad's spisech Brests ware good, as their fallars or om this balanse as proof of leerenas, I think the England where houses are chaper by frds than I have been led to believe that any sp practically the whole community On Some time ago we complained Frognonis in on the present prosperone ondition of the Barative failure may have boon due to faults of deares, at least suggest the probability that here, but on the other hand I know well that prebenzion on this score may be astinly dis the present occasion public feeling is luke-these columns of the nuisance sped by bestmon, colony:

mengement of insufflelenty of capital. And Chinese trade is not falling off.

there are other places where they are not only Disand. Withoat troubling you with all the in sonârmation of this view it asy ba observed harkars, and others laitaring and gambling on

Turning now to the matter of Bank deposita I not obeaper but couldably dearer than hers, reasons which have induced this more favon, warm; it is felt that the quarrel is an empty Prays Central. At last the Police were used

Before proceeding to the orders of the day I that the enterprises of some of that companier so as little room for alarm or despondancy, and judging from what I have learned from a table view I may mention the principal one as ene, that it has no merite, and that it ought to action, and the first man to be rea in was cur deem it right to refer to a latter which I receiv in liquidation, as for instance the Borneo Plant Having reasteditormation on thembject from gentleman specially experienced in this matter being that the large size of the steamers which to be made up without further loss of time had a similar experienos. A few days ago be informing ma of their intention to mismorialise recently found persons ontalda the colony who obtained from three of them show that as regards ba, understated if rota here are estimatid at Europe and Amezion would render it impossibl own beatman. Captain Hawkins, I.A., has fast od & few inys ago from the unoficial members, ing companion, have, I am informed, duly quite the fear British Banke in the colony, the answers I apprehend that the case would certainly not so crdinarily required to bring goals from and dignity. When people begin to quarrel noticed that soolise wore amaging sal the Beorstary of State to the shoot that the suficiently believe in their prospects to pay a ther there has been not a dareses, but an in- duable thuse of England for houses of squat dias for them to conduct coasting work sa uvy large about their dignity they are almost sure

water at the fire hydrants and promptly reported colony is not nor in a position to pay the inconsiderable ents for their properties. Meresse of lapcails to the extent of over $300,000 in equally favourable situations as regards arale at a profit, and that consequently intri creased salaries of officials which really passed Lioning them things by the way as farnishing The only one of the four which returna a de- similarly important contres of bosineve.bating centre, such as Hongkong, and for which impair it. The unofficial members were the the nate te vas Lopisin e tires arreal made the Council, and requesting mo to sodify the socus nstilestion, nat of my own, but what I grease, Lbs amount of which is unt stated, in the The mere rates of Hongkong independently as other port would afford anything lim qual

by Police Captain flawkins' house coolie. first to enter on this line in the prescut in-

And I am fuc- Beoretary of State by telegraph of this in intended to conroy as the public view of the Bank unite the management of the honourable of the inhabited hones tar are therefore facilities, is an absoluto necessity. stanos by taking offence at being addressed The Hon. Treasurer of the Alias Memorial tantion, and of their wish that he should prospects of the companies. I must new point member, who in replying to my letter mau- certainly not above, and probably below, the ther told and believe that the present tonnagedus through the regular channel of the Colonial Hospital begs to saknowledge with thanks theithold his action of these increased salaries cat that the aggregate capital of the companies ager reiterates as statement mais as member varage rates of commercial towns in Eng might be very considerably increased, and might

following donations to the funds of the Hospital

juntil their memorial shall be received. *

referred to which bavo žailed or tas shares of of Council in resport of the decrease of millions land, and socaldersbly less than half the man- le rende something much are nearly approach- Secretary, The Governor las followed their

In reply I esased & Istler to be addressed to the which are at a heavy discount is extremely in of dollars," but in this instance limits it to Chi- tioned in the ones of Norwich; and in this view it ing the average of other ports, and yet all, or exemple by complaining of the want of

unofficial menters to the effect that I hoped significant as compared with the total paid-up rese Baske. Now on this matter of China is scarcely necessary to point out that the rate. marly all, the vessels which now some here within a few days to be able to inform them of capital of local joint stock companies which ars at Banka Itave made-ouquiries from high sathori-payar of Hongkong la tu an incomparably hors sould will have to come here, inasmuch as their respect be consider to bave been displayed

the course which I should pursue after giving premium and for the most part of a very high ties Banking and cibers, as well as from the Ee advantageons peltion than the English rate pot coming here would cause them a less pe in one of the lettere addressed to him. That

| the important matter my full consideration,

gistrar General. The estimates thus received payor. For the latter has to pay in addition to siderably greater than the increased tax premium.owed.

Taking up the list of local enterprises vary considerably in amount, tat-Tam-most in-kis locst rates not only sil. other taxes that are Whether this view is completely ovrrest, I aaa- In reply to a farther commistion on the subject from the Honourable Mr. Byrie, I pablished in the daily journals I and tast theolized to that of Mr. Wei Tak. Compradors of paid bare in an equal or greater degree, but be not say; but I believe there is at all orənis informed him of the sateismos of the grounds shares of the Hongkong and Shanghal Bank, with the Chertared Mercantile Bank, not only be has also to pay insome tax, penperty tax (in addi- sufficient truth in it to suggest the com on which I felt bound to declins sording such as paid up capital of 89,800,000, baslood, an it now is, canso it is the result, I understand, of careful tioz to the inhabited bouse tax before mentioned, gideration whether additional revenue might not telegram, and I now proceed to state them in full, by a reserve fund of ayer a million sterling, are engniziosat esol of the Banks referred to bat kerrants tax, succession duties, sometimes tithe te raised, or whether with the rovenue remain

As to the rat rennon, vis, that from a do worth now in the aggregate shoat $28,000,000, because it represents a mean between the rent charge, basjang konry duties on his wine, ing at the same amount the insidans al tar- spatos already received from the Basratary of The shares of the two-dool Fire Insuranco com extreme fitimetos on either aide. According to spirite, tobasso and tea, from all of which the ation might not be more fairly distributed to fta Stats it may be expected that the devising on the pantog with an aggregate pakkup esgital of hi• calulatku the aggregate deordise of Hongkong ralopayer is entirely exempt. Inzaliof of the ratepayera. Attention was lately | eubject ofchlariga will be received revy chart fond | 3404,000, ara qugted in the pus garent 500, in the depgsita in the Chidega Banki as compared with I stood if it were fully understood here her heavy (drawn by the Fleirman of the Chamber of Cons kkaa Thavalara ang sabrum did Kit fed than på 800 gur that, zamiana the day it had in hast gl093019" the Annual bolig era dhe kuptuara ne poopla in Figent in mens and by a quandon. In Gesand at the Bari

No Credit givan for Bates that 100k

er greasy, or that apper to have been used

for any other parposo than that of containing

9. WATSON & Co., LIMITED, Hoogkong, China, and Manila (219

NOTICE TO CORRESPONDENTS Coly communications telling to the news coluzine about be addressed to the Editor."

Corruga Bonte ordregneated to found theirce and address with enemaniantions addressed to the Editor, not for publiation, but as alleros of goad Baith

THIRD DAY, Wednesday, 29TH APRIL Appended are the winners of the third day's Tamirata.

The United States gan boat Palos Commander events. It should be notion that Hero is again left Amoy the 24th inat, foto the front and has row an unbeaten record for three successive meetings, an event unparalleled The Age of the Gariana Coagulate and the in racing anmals in China.

court of the death of Count vou Moltke."

м

The Agents (Messrs. Butterfield & Sire) inform na,that the 0. S. 8. Co's steamer Balle rophon left Singapore for this port yesterday. morning.

The Agents (Messrs. Adamon, Bell & Co. infora as hit the C. P. steamer Balavía left Shangbai at 2 pm. yesterday and in due here to-mastrow.

་*

All letters for pabilontien eloald be written we one aid of the paper caly.

Au official telegram received in Ten in a Orders for oxtas piss of the Daily Press should venneas the appointment of M. Lana be seat below 11. the day publication.puty, for the Seine, to be Governor-General of After that hear the supply is limited.

Telegraphic Address Fress. Telephone No. 13

HIRTHS.

On the 2nd Marin, et Porter, Monmonth, the wife of J. R. HAI, M.,C.E., Chinese Imperial Customs, of a daughter.

At 8, Husen Road, Sanghai, an the 19th April, the wife of J. B. Cameron, of a

On the 2nd April, at St. John's

'e College, Shanghai, the wife of J. HANN, Bay, of the Netherlands salate, Amoy, of a dikagaier,

DEATHS.

On the 25 inat, at fokaw, WILLIAM FOZANI SHARP, In bis 6th year.

Indo-China.

De

The Agents (Messrs. Adamion, B-1 & Cal

form that the O. P. ateamer Empress of India arrived at Vaucstiver on Tuesday. She left Yokohams at 4pm. on the 17th inst.

Court jester isy ut velling indecent pistares. -Li Wan, a hawker, was conviitrid of tho Police

The man was arrested by Sergeant Hadzion, who caught him trying to soll nome to some peknol boys. His was soutenced to one menth's impri- sonment with hard labour.

[1023 In the passage in His Excellency's speach

At the verament Civil Hospital, an the 27th

instant, our PARKINNON HOTLAND, Captain. publishof in youforty's issus He might inst abamar Fatakan, ngul 350.

(1070|8s well send them; & the newspapers as raud

At Shanghai, ou the 22nd April, WILLIAM ABRAW them in Council".the word "detirar "should be HOLE, agod 55 years.

The Daily Press.

HONGKONG, APELL 30TH, 1891.

substituted for "read." The correction resched

ica Inte to be made in our mail supplement.

A man named Okasama was yesterday charged bofore Mr. Wise with allowing thres ferocious daga to be at large. The uridanine showed that iba dogs had knocked down and torried a little

Worship find the defendant $5 and ordered the dogs to ba destroyed.

For the first time in the history of Hong- kong the Governor of the Caluny has ven. On and after to-morros lotters, do..., for the tured to appeal from the unofficial members Peak will be delivered by the 12 sul 3 o'okok trams only. Correspondance and Parcels for of his Council to the community at large. the Peak may be peated in the General Post The community taus appealed to will no doubt Oftes up to 11.30 am. or 2.30 pm or in the desire to judge the unfortunate-disputo in arbores in the mars till time of departure, With regard to lotters from the Peak additional spirit of fair play, and what it would say If letter bozes have been affixud to Pelise box at the constitution of the Colony provided any Magazine Gap, by Pook Church, and at Mount dequate means for the expresnou of public Kellett, which will be cleared at 12.80 and 4 pap opinion would be, we imagine, something to

A meeting of the Legislative Council will be. the affect that, as in the case of most quar-held this morning at eleven s'elock. The fol cols, there are faults on both siles, "that lowing see the "orders of the day”-- .

Basarable P. Ryzia and Honourable . H. Walte 1-Questions of which patios.bas bern given by

neither silo has carried itself with perfect correctness, and that the sooner the difference head.

is amicably adjusted the better it will be for to trint the loading desidrug it is an

the letter coutains expressions, which ought

2. Tirat randing of a Bill entitled "As Ordinancs

waters of the Colony

efforts to beavit his fellow men. In the smaller.

Mr. 5. N.Mady......

Mr. Charles J. Hira

Mf. h Ally insan "Metaxa. Asger and Davisël

Moses. Franjoe Bormaajse and Co.

"A FATOR

Mr. Gustar You Wille

MAT

-7. Apoar J. L. Chatte... Alz. C. Ford...

"Mr. B. Lyall

Mr. W. homes. .Mr.'6. H. Futtakin

Meatre. Benjamin & Kelly..

not to have been used must be at ones adr. mitted. It is generally supposed that the document was cut drafted by the unofficial members themselves, but by their legal dviser, who is aleg credited with having muggled to them thole general couran of

A Barga"

$100

for ponlas flist he ran at this meeting weight for indien no por scale, winner of one race at this meeting unter a mile, 7ths extra; two snob ruces, 10ios, extra; entrance, Tla. 5. Seven furlongs Mr. Karvey's Sterling. Tit. 11.

half.

The GaNTION SWARFELAKES, a fused entry