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LATEST. TELEGRAMS.
· [FROM SINGAPORE PAPERS.
LONDON, 30th Decembar, "BOME OUTRAGE IN PARIS. Another bomb patrage has taken place in Paris
company.
LONDON. 31st December.
LONDON, 2o1 Javuary.
ebists who are believed to be organizing centras for revolutionary notion thrungboat Paris.
Aasating of the Legislative Council was held yesterday. There were presen:--
His Excellency the Governor, Sir WILLIAM ROBINSON, RCM.G. GT
THE ECFGKONG DAILY FOR+, THORBJU JANUARY 19ra, 1888.
...
Ta na stały opdr blind to fato,
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of Bon. T. II. WRITEHEAD id-I would wanld be a very serious thing for hil parties on for $80.007 per aiuto, as you are hopsfat of its reverse is collected. The astony's Ian of Again, money for first class investments fa abap India A good deal has been asid, of, lato again ak yone Fan Bency fereaded thomas, on the offering. If this losa is doing this your than the two samas pat togather £200,000 in 1887 was contractel in gold in i Londva s the present mount and the vaun about life balta on board the steamous, which having a rodomption Land- to have drawings offuetadju Lɔndoning the hon the Co-will aggzzuto 805 000 usted par annum, sud obaloude to the orders of the Seoratory of of silver is oxieptionally low combination of convey passengers to all parts of the world. It every five years so that all risk silenilent Innial Secretary ha fofound us that the Crown this will place os in a still batcer position. In that State, gal sgaluit the general wish of the oiranmstaneas whish is most iconrable to rais would be laterosting to know what the rules are on reinvestment of redemption faut in Agents would want some of the money still I care, by carrying out the room mondation of the golonists. Exaban ra, at that time was shouting oar loan, which may not long continue and about the periodical examination of these balts scurities of other colonies would be avoided. believe a great portion of it would. Rod its way La Corumtation, to borrow by övardmeringoards. 31 per dollar whilo to-day ti. 81. T h which it is of importance to take lootage of by the compaulae. How often are they over. It is quito madad la conection with loans that Hougkong, and if it det it would tend to credit aassent with our bankovs whin a say is į losa wis rapid to-day the onloay would go in It has been enggatal that we might borrow lantod to go if they are in persicouble condition anal drawings do take place and a Govern valleve naftors her an- would enable bus wanted, and paying effinch ororlatts when our expunge 15 to 17 par sint. That is at the what we require for ijusting cur sxgon." Most of us have men the parado' on board men which bee borrowed paye off hands which iners berlod 1 whom the farm is goendet. All the crew go to have been drawn by the public, as bae bon tone ably this at the print mint and savez o eight years to resong ouraalves for these been invated by the Crown Azente in the pressing publia worka big horraving for a short moraamfortreven in good wo will only require some only low. There is a redemption fand which dílars in public works extraordinary nud thair stations with altaicabio promptitade. But with all the Chiness Imperial Government Loans path more prostibly Tharators for those expenditure that might be incarcat in complet sites of other lentes Be of which hara period from a local bau'r anden deferring in.. That of the passengers? A similar parade is forsign banka in China, and as is done in conreason Tam of opinion, that a loan ising the extenordinary public works we have al-depcoolated in valde, som 8 to 10 per eant. atond of psing the Bill. But I would peint might. I think, he extended with sautaga to nection with Loans raised in the Condor market preferable, to a silver ons Having you to the ready undertakon. 16 is all very wall to say since they were putahased. Tra i znannon out that if answy, the Orown, Agasta will. so passengers, who should be shown early in the It therefore does away with the risk which conolucion testa gati taná is profseabla. I now that in evilised unteios los are raised what why there -boull not be further decreciation be able to obtain tanurary woman lation for us voyage how the life-balts are omnipotated, end nearly follows investmont of redemption come in the point us to whoa wa should make money is wanted for public works. I stand is the securities and a further fall to the on far better forms than wo could go from a those who cared to make themselves expert in fand in other securities, as to wit the damption that gold Ian Wall, site, I felt sure Your Ex- that compared with any alber place in the gold vales of silvor, all of which loas the local bank, The passing of the Bill. will not A. S. WATSON & CO., LIMFPED, putting the ou could drill themselves while fund of the 1897 long that han beso Eurosted in onllamoy will agres with as when you hear the world fougkag stands unique in its character Colony will have
Freasing."
svourition of other colonies, wine of which sinde argamonte brengt forward, that this is probably as a commercial city. Ship pass through our and Ching
to pay. Both India compel the Crown' Agents to caiss the ban azo silveasing entries at once bat 3, will enable them to promptly the date of paroisse have depreciated as mol the very worst monons to go lu for a gobt louharbour and taoy register their onormas to In bygone years they contracted fans in g dễ saigs the right moment to raive it and in the THE HONGKONG DISPENSARY. A hockey match between the Cluband the Royal as 9 and 10 per cent, and there is nothior to We have at the pressut noment a Contarane nags in the Harboce Mastor's off, but they because by so doing they could borrow at &
Engineers and Shropshtirs Light Infantry was prevent them daprocinting still further -12 or sitting, or rather a hard a Rutor'a talagras Las very little of their cargo behind Wo slightly wag rate of intar than they could most favunable terms it for any rosen it | inaawhile to obtain dumporary apooramodation on played yesterday in the Happy Valley, and after 20 par cantharefore I think it would better informing us that it is pasiponad qatil next has no agricultural tant to rex nor any produce has borrowed at in silver. What is the real should be foan desirable to defar-issalar the A fast and good game emullet ki the defeat of to any drawings after live years inston of May, and that is the romano why I have salud on which we can lesy sport duty, Almost all today? Neither country world for one moment loan. As to the right moment for issuing th the E. and 3.6L by goals to 2. The rodemption fuad and bonds a drawn should that the moond rawling of this flsband take our revenu is derived from and is depaulant en latau to nag proposal to contrast further debts loan they will have the boudit of the best HIGH CLASS CONFECTIONERY passing on both sides showed much improves payable forthwith.
Mplace six months honse, instead of thren months nusido soura Our taxpaying population are in golt Chin lows very hanvity through Buanoial advice in Loudon, and it is of the ment, and the game aliogather waR MORE OPER
The COLONIAL BECRETARY-The suggestion henso, as was toa original suggestion of the mostly all Chitarse, bar Ag 10 per esot, of whom having contracted such loans. Ilia through atmoss importance that they should be planal and loss in a knot thaz menil The B.B. and impracticable in this Ordinanon. Tola Ge representative of the Chumbor of Coram res claim, British allegians, houbi wyth og more having borrowed in gold now los millions in a position to take immediate advantaga of it. Shropshire Light Infantry played ons shart up disance authorises the raising of a loan in caro have sitting in London it than present attractive or any business oro uocalive present of pounds starting per annum, and har An Looking at those straumstances, sir, I think it to half time, when Taunahill valuable assist lain may by tuscribed stock and subject to moment the Indian Currenog Commission, belt on the mainland, they will all dosest now oriensly dislocated thereby. What was by admitted that farther delay is uitker
Rob was Abtained, Sides Club D Lan the conditions prioribed by the Imperial presided over by Lord Harsonoll, deliberating and trade will tell botini. W have got a VANILLA, W. M. Wood, E. A. Ra, D. R. Sliman, Act in the case of waob loans. In the one whether Fudia shonki go in for a gold standard loring stumplo in the neighbouring colony of the Colonial Sostatary about the unofficial, member who represents the Crumble of erar may by the opinion of the bourable desirablar pasdble. In October. 1891, the J. Horton, W. Newton, C. W. Diolcon, G. Pef janaribed took loans parition drawings de of sot. We have others in Lodia advocating that Madoo. Owing to be indon its over here mambers of this honourabl Council wo rengoot Jammeros asid in Council, that the Bannons of ALMONDS, Laumert, E. Maillard, L. Hollward, E, Robin pot take plan, in fact the absence of suck the Ludin mints should ha gledal Engather. We the British and other foreign rehintz desert-fully enbuit tá it we have more knowledge and the colony might be considered to be in a Hon Inyal Engineere and eropahvire Light periodical drawings constitutes one of the prin- Lava also, I believe, Ste Jobs Lubbock reamed that eity cams or hero and broaght expcion in the Huaqial world and in the fairly satistictory position and he was to in BURNT ALMONDS, NOUGAT, JUJUBES, Tafantry P. H. Mukaworth, REG. Howell, cipal differondes between bovenwing by daten-mocattug a charge of 10 par sont on the ooining thode trads with them. And I mind world of business than the be ourabla the afetal fazone of a man opinion in which I
W. J. Payn, C. J. Garri,, Wood, Costares and by inserib diosk. The Crown of rapses iasts of, as at this penana manent hon. mombres of the remarks which fall from mapabars. We untreat your Excellency to allow official members generally concurent The TURKISH DELIGHT, PARISIANS, etc, porals, Tannahill and Whitehend, Luos Cor. Agents hire pointed out tho advantages our out. Then we bare, on the other hand, your prodesscara for you go fear the sy the question of tho Cntony's co stealing an Council is in potion of the whole of the faste
poral Baiku, and Sappers Bradley, Byrne, and ring from borrowing by inscribed stock Armories as neplarul as ever as to the future chair your Exoday is now occupying. Hother Inn in gold to stavi nyar ota, oto.
Gresuslade.
and they are vary considerable Howevor of alvur. Wabays on the one hand, bus sonate told the Cunt that in certain eiroamstones six month. At premit en cas knows what is which it is proposed to spend the minney raised for and all else wà la with the axcaption of one, on that may be, it is quite impossible in the Odin. bringing in a Bill proposing to repeal the Blant this colony might possibly redmobil to chasing to hapisan in regard to the gold vanɔ of by the le in, bave already be approved. Wher In bis address at the opening of the Colonializeribad stock to fuport a provision contrary to by the Garments. We have another soutor Thomas and, wolf at this day. It is evident thing. If non-faucial pringiplas me fall art thng will beenbaitteita tho Palie. Works azon which authoriass the raising of a lean by Bill, origotborsed to stop the purchase of silver deplorable condition in which the island of St. sitrer. Er six months we may kunnen over the tails have not as got ben present. Council at Saigon the other day the Go- the Imperial Act laying down the conditions in bringing in a bill to hses the reverse effect, we are not a prosa 1897 at the len should he in silver had not in gold. estil te bates the pearling as lit vortor-General, M. de Laessa, spoke nf
ms length on the industrint and agricultural ense of such lonus.
siz free cuinage-and yet, a third bringing The best inlicator of the prosperity or ad- The ATTORNEY-GENERAL-Dne print, I may bill to as the parabase of allra by rsity of any given uity is the valu land gambling at the risk and orpoons of the exte
To co tract a gold loan now is to indulge in is incurred. Attanti h lakėle singa tạớn rngress of Tenkin and made the following recall attention to, with regard to the great ad. the Government entirely in the disiroting of the property commands in this city Your Excel payer. I may be a sorprias that audicial the fout that th ordinary axponitura ha in- er he draws by the anal mos dia Earence to the cost mluing industry-As to the vantages of inscribed s'ook, is that trustees and Prosident. Whilst these matters a pending I 1900p will bear me out wiw I say that ex members shamid have agatu presumed to offer any deased in reont years and it was argued Mo coal mines, those of Bogey and Kaban rival nach those who want to forest for a spilarstis tinio tinule that this is probably the vary. wurst most hand pup and gold branstion on suggestions on this gasation having been told by other day in Flusses Com aitts by the boo nile in nativity. The first has all its installation are willing to take up that atook, sharsas if they but in barrow in gold. If any cus of these application, during the last year we or two at the fourable the Colonial Borotary that they member, Bafilios, who has indest follow ready and its working is already very important, did not know what particular bonds may be things happened it would mass a vary catarial topis word made by Government to sell land had shown themselves totally unfit for thoir pasi the same line of argument to a cerníu - Sin the 1st January, 1893, it Las exported to drawn to one, two, or three years, and there drap in the vala of silver. If India should on their own account, but they failed. No rea Hongkong about four or five thousand tans is no fixity in their bonds they are not likely to go in for a quld standard. I have not the sable offer ould be obtained for it at the sus trenchment of £1000 a your in the extraag noted that expenditure it would not tions by tasir honest endeavoura to off set a rohant to-day, thật ¡E à cilin kodustion warn par mouth audita director predicts forgiva suah high prices for then na if they were slight lingitation in saying amerides trould tid. Kanta are lower by 20 to 53 per cent at ant cast of Gererament, while their ill-advised basury, to raise the loan. Well, ir. 1893 the extraction of more than 200,000 tons. Its two principal mines are craneetod with
ascared that they meald stand for a certain tine. immediately pusa a Bill and put a stop to meat all over the island. Empty houses are notion in his opinion did ant betokin su mar the amplaint of inerving expenditure is he wharf st Hongey by hs of railway of a permanent investment for 30 years.
HIS EXCELLE VOI-Ton baru the advantage all parolases, and if both of these should seen in alnust every beality. Artisans carpan ked on posing for administration. We as farthersee with which the Chanolors of chequer The Kebao Company, on its part, is constructing
bappen svor would have a very decision drop. tery, blakmiths, takes one here from the fabouring ander the roproof administered by your growing asmensili a are unfortuitely only Upon Section 7 no diania urano its own expense an excellent pors ab 'Lian doalt with the method in which the sinklig fruddand lerably. On the other hand, if Amerion in buss; in a En months thy shut up, liar with other moonial members of your noge in growing communities his an ankard knick Itand consequently the dollse would fall very nalalaad; they op shops but fail to soutions Excellatos when you compared as sofavourably garally fimiliar. The expan litore of you. Its gallorins audits shetts are readyhall be applied. · for aniva exploitation sad id exprots to sxtract
took the initiative and passed the bill stopping ing their stock-i-teade to pay for arrears of laues who wore amenable to ress. We rent increasing, but in most countries |50,000 tons during 1898.
The CULONIAL SECRETARY moved the altera parehases of silver, India, to self-defensa, world rant. Owing to the spionage, ostablishot in Eure to hope that the honourable the official memoiranmisanood it is generally consideral to tion of the word "way" for "shall.”
thase to immediately ulop doising rupoot. Should our barbour wilhte our own waters by the Chibers of Concall will be annabla. to reason to be a mattor for mentalition the The next sentence of the clave provided that ny one of these things happen it would mouse Customs authorities, to which one alta thale matter, or if they are only sinenabis to reaus also increase and it is foul pasillo. if the prion of the Inscribed stock be, bolow a very material drop in silver, and then perhaps tion has been cately draws in vain by our roar Excellency's commands and to the oedera of to confine the former within the litter. Wo par at the time when the contributions are would be car time to go in for a gold logu. Windefatigable and warthy Daputy Harbour the Borotary of State, that we will fod gear are in that position. In spite of a VBCC received the Crown Agents shall, &c.”
solà thu start on a very much lower basis Master Me Hastings par fordiga jook trade Exellenor at least rely to give some weight fall in the vains of dilrar which has varily Uon. T. H. Water-May I ask what than at the passent moment, and consquonly, as decreased In 1891 th tonangu vilting to me arguments. And adjourn for six months, norar expenditnes in varions directions, the meaning of the word "par" is. Ef stock is however great the fall we should be on the rigat his park why lies by 300,000 tons than the farther consideration of this 13. issued at $3 what meaning dues it cover?
-the revenño: for the last two years bọg m rự ide in huing delayed. But, sr, I fear that that in 1800; in 1993 the shrinkage in the The COLONIAL SBORSTART-I-ferring, Sir, ihr suffood to not the ordinary expenditure The COLORIA SEORETARY-This fa rathor ate postponent which I have naked for me aine months eading 30th September fast, som first to the observations which taya Lest bend I have no manner of debt that it will doubtful point. It may of ours moon 100 paruot suit the hon. the Colonial Soretary in fast paard with the orugonding pariod of 1891ds I think that I shall be giving practicalilarly sal daring the garment year alan, cant. or whatever rate the stool is abued at 91 wara'it would at salt him if it were postis 100.000 tons. The hou, saber on my 1st proof of the deity of my desire to treat the It will not suffice to cover the cost of public CHARTERED MERCANTILE BANK
incline payeolf to believe that the latter meaning pond altogether bons hi would thou have to representing the impret and export department unofficial members with all posible artsy, werks extraordinary in addition, it has not dang is the correct one, bet I cannot nadertake to come halate the Council with very austilan sau corroborate that statement. It is in hand that I should at the same time ba bast ona o in the past, such cost having brom largely The Chartered Mercantile Bank of Indie,ay with curtainty. It will be observed that the tory balance sheet. Ha would have to come be-nature when fords are available to feel inclined along the dignity of this Council if I refrain defrayed from balances arising from special funds London, and Chion notifies that the subaoription alteration of the word "mang" for "ahall" will fare ne annabledly with a very large defolt if to spend them fanla for the Agree warrants the directors pro- mout any difficulty which otherwise might arise.afl the proposed prblio works are to be a cried
from offering any coply to such of the observs derived from sources of ineams which ne Hon. T . WaTTERUAD-Would it not be out, and 1 bolive anyhow the hor. the Colonial
tigas us we liave just hosed witch have a purely langar avallebla and trota oar pravions an sood'ng with the allotment of same. It ia-pro well ta ramase the possibility of error and any Serotary would use to com before us with a
Too on dojectoð; and Ino zooù elato: personal bancing. I have a duty to perform in and it will not do so in the future. Nor is there posal to register the new Flank as a limited matske in bas mater and instead of par in deficit without taking into essaidanation are pad, we beat, we forgot we had charged it by spaobes which are ou record and charge the whole cost of graat prublin, warks, In 1890 we het Jurco supplies of many to this Council and I have on resent occasions dis way reason to regret that it is not prantic blu to CEYSTALLIZEDFRUITS.MUSCATELS habity company nuder the old title but with sort" bolow the priod of issza p
the public works extraordinary, Lu my arga largo loss of £66:000 to pay off, a iacrewed the addition of the word* Limited.”
I am quite content to be judged by them. I am which will larg ly beasfit posturity, wholly ALMONDS, and FIGS.
The COLONIAL TREASURER-I do not, thias ments which 1 pah formerd thus other day aur salaries, we created in Maxim guasglad, Sir, to Bid that the opposition to thie Bill on our onerent revenus sad the present body of you may. It might be issued at 93 but some with regard to the radnotion of salaries I stated flagghter)-ud we proposed to large un-is neither very pronounced or very gaastal, tarpayors. I will go farther and say it sven day be book at 100. It might rise to 96 or 97, that one of my reasons for moving for the romocassarily on rasaoonse at havy outlay only one member who has spoken hazing practicable it would still be wren. If the cas As a meeting of the Chartered Mercantile which would be the natural kai pries, and dustion was that the financial position of the Fortunately this mischief was nipped in the bad shown a decided opposition to the Bill, pero, Teage cafloat corer the past of the public works Bank of India, London, and China, was agreed than fall to 4 but it would still be an advant colony was not as satisfactory now as it was when by pant Exelloney appearing on the rino at and two of the zofioial members having off extraordinary in addition to ordinary expeli- le register the now Basa e mifed liability age to buy. I think the word "may" instead it was agreed to raise the anturion of the officials the right mumans. When the economies ed no opposition whatever to the sporditace the proper conver
of shalf moot all that is required.
cand la to'rinljøst the. The COLONIAL SECRETARY-I agree will to point out to your Bresllency that the argh-foss adiel to the moors will Ansh ay with have been raised seriatim, and if inadvertently vidya reserve fand forumergency, and when This tatomet oa 'wow prepared to prove and haveadopted bromafruitful, the peeds of this I shall prooved to deal with the objections which rareuno o su to cover only theater and pro- TROUBLE IN PARIS.
the Treasure that the alteration of the word went of mine was perfectly arrect. I have cash; the rom and mistakes of 1800 of lavish oxit to notice say the objections which thi has been dous to reduce taxatios Lo. There is great anxiety in Paris in consegnenon resores aur danger. It makes the clanse partaken the trouble to go into the figures again. expenditure will again be committed. In a small hova boon urged I should be much obligad if the whatever extant-might be found preticablo. of the activity shown by the Beaslieta and Anar.mise ve moly
Bon that the word "par" ha strank at and
Hoa. Ho KAI-I beg to support the suggee the question of the loan?.
HIS EXCELLENCy-Has this any bearing on Crown colony like ours, where a festing British han. ember who raled the objection would I expect ar require the surrant revenas te zi
Foommanity, Krists nul there is a'obunge every msation the fast. It would also perhaps be of cover the cost of relatively vasi pablie works Hon. C. P. CRATER-Yea, so I will come year in our personnel and in the minbership of a little use if I make a few observations-extraordinary in addition to the ordinary ex some other word untitated. I think it is to the poll at ease. The Commission to go this Council, it will be wise to work from hart they will be very brinf-for the benefit of penditars would be as mistazon in the principle tremely improper that legislatore shit me auto the question of sainvies was appointed in mouth, lay as fines is onderned, it wil thum capitalists who will be to consider and policy as it is erroneous in fact. That the word which is not clear in its meaning, and it in 1830 that your the reretus of the onlonybe wiser, nat to opiertake any extraordinary opon what torous they will lead to us. I expenditure admits of relating you yourself. HONGKONG LEGISLATIVE COUNCIL, all very well to leave it to the law Courts to dewas $1,079,274 and the expenditaro $1.452,16%, public wark unless we know we have monny speaking in the Committee on supply I showed sir, hava alty indicated, but that any possible ife ocrtala expressions. We have no right showing a sarplss of $519,000. The Commisin bhad whorewith to pay for aunt work. If this that the colony, taken a whole, bad pro reduction would suffice to supply during the to nee a word which is in doubt I am not sin agreed to raise the slacies in 1890. Now loan were fated it would be very comfortable for red and was bound to continue to progress next three or fire yesta requisite funds for public ad roasting any special alternatirs word bat lelut us sae want the gares were in that year the Government to have a large aredit balsace nt od I gronded my statement largely but works extraordinary as suggested by the bon. us to gertain of the meaning of the word "par" renus, $2,011,830, expenditao. $1,470,901, their disposal with their bankars. bat in the long not exolesively on the ravesue returos. It member oppositi is wholly an effort of the im- before we use it.
learing niping, of 8541,00. About the run this which will be enjoyed will reenit was then necessary only to state the boat agination. But even if it wore a bat would not be The COLONIAL SECRETARY-If the Bill had beginning of 159 the unofficial Joburi lo, saw while you will be erudited with-result that the rarenae had more than saftoed any valid argument against raising the law. but hoop drafted bar the anggestion of the Hon petitioned the home Govorament to GDaten, K. Colin Ho Kal would be peridotly rossioable. It the Sega stary of State not to raise the salaries will be paying to your handholdera 34 to 4 posit had amtinuously neramed. Although it is had boon raised. The sxtior cocul menter, ad par cent. iutert on your orgiit bilanes you to set the ordinary expenditure and that it might be for railoring taxation when the leat Her, W. H. GOODMAN, Attorney-General. here evory word should be perfantly cleat as good as it had bees and it was likely to beccus striatag to apply for this loat will have dapat set out all the campanent dataile it may be well i, for holoes not vuuusel abandonment of the alands to reason that if it were drafted Tas forest that the Bruis! position we act vent, per uur. In a few pairs those who are impossibly within the limits of a speech to though nut Tory did in his opposition to the its masing. But this Bill has been drafted worse. The Secretary of State, kovovar, Reanted ock from the shores, bat old residents who have for me now to supplement my statsmout by draw proposal but merely postponement, has given iteration that it wa make any which are at conditions The coaditions, fregret to say, your irrevocably, ivestrievably, and inseparably can items Postage receipts are generally recognised of borrowing. now, and has also given seat at home and there is danger in making any the facrases of salaries, hat on certain definite large stakes in the Colony, whose threats are ing attention to some of the more important axpression to some doubts as to the penderes Varine with any of the requirements of Government, se, is not inclined to carry cat.neated with the rise and fall of this city, will russa affording some oriterion of the condition of to soms, forsbadings as to the present anpros returned to as from boma wilheat sanotionel position again.I and tat in 18 the re- the Imporia Aot we may have thy Bill Raverting, however, to the abjad of the Guan- the day when theloan was sanctioned. Applausa the community. They have increase in Hong. perous state of affairs. It is a disappoint ind to be repassed in its original form bifors was $2,095,802, at the expolitare-Have you suvthio to say?
His ExceLL NCY Ho T., Whitabord kong during las ten years from 1832 to 1891 mout, sir, to find that the hon. member has motion at home anal ba obtained, which would $1803,074 Javing a suectus of only $157,229,
from $100,793 in 1982 to 3141.770 in 1991, at seon it to give the secon reading of usurse create a great deal of delay.. mayherby proving undoubtedly that the Exoalleasy.
Hon, T.. WHIPSHEAD-A little later, your showing an increase of about par out, of the Bill his cordial support, for from whatsger montions that it is within my own experience in offil manbara wee portselly correct in what
and that in spite of barge reductions in the other queter opposition, might som it might another colony when Ordinates of this kind they forests. Now I come in 1802. F han not
The COLONIAL SECRETARY-I should like to postal rabea during that period. Tha töra fairly hnya bean szpacted that he at last would hear what the Lou, témber my barn to say was twins returned b cenas what appshed to be thanta litres before me, they are not publish against the Bill to raises losa in gold as a large section of the community. It has in mattor. The prospects of the Praya Reclama Markets," agsis, furnishes sone test as regardsbute heartily supported the &orment in this The micutee of the last meeting were toad as I have alrely observed as the word "shall" easy's epecul at the opening of the assion I
very slight modifications had been made. And a gut. Fut I hara taksa them from your Excel-pared with silver and whatever other objections creased from $77.950 in 1883 to $93,592 in 1390 tion are involved in the B, and as only did and confirmed.
was altered to may "I do not think any fur-und the ravenne pub at (997,316, and the ox suply.
he may have to take before stating the case in and $96,354 in 1891, showing sa increase in the ho rostise very recently the vital i uparts to FINANCIAL MINUTE.
ther alteration is necessary.
last evor the first unmod year of over 66 per the colony of speedily competing that great The COLONIAL SECRETARY bars to sub
pediture at $L$82,000, showing a sarpins ad His ExcALLENor-yoru impression is $115.286, a farther falling of. The Esofficial the motion of the suir na fisial member that
Lion. T. H. WAITEHEAD-I rise to support cent
work, which he has don more than any other mit a fanucis minate in which the Governor ut par" menus price of isane. Bas wo night members under the ciron urstanges asked for tha the Bosshlection of this Bill be adjourned for what we got at it.
Hon.T. R. WEITEREAD-We pay more for man to offest, that only last spring he offi.. encanyaunds the Connal to vote a eam of £500ay that we pass this Bill on the understanding anduolius of aalarise to tisic former level, their six months. I wish to make it clear that our
sially proposed to the Governant that i to cover the cost of show orzos, the pay of antlist par means'prios of isme.
The COLONIAL SECRETARY That I admit, should borrow the funds required t completa tondant to arcange exhibi's nad other expans 'Bis was agreed to.
penaces being that the fannoint condition of the real object is not to thwart the Bill, as would be and very good indication of the condition of the work and advance it to the macing lot“ The steamer Munthahire It Singapore section with a proposed representation of
eleny was not so good now as when tho salarise the effort of a similar moting in the Hess of community E skoold say it in Tontinue; let us holders on the undertaking to repay the ad Tas ohor itoras-era pasal withca: com-were increased. Now we come to 1833, Commons. It is hons fidandoavour on the take another itons. Beat of leased loads shows within twelve months of the platin yesterday for this port
the ranexes of Hougann at the Imperial Iament, the Coxmail resumed, and the Bill was and according to the figures given by the Copart of the inofisial ambers to get the on an inors of 28 per cost, the figures being of their respective mentions. alivaɛtola bo opened in May next. In sabait read a third time and passed. The mult of Major Erolkera . Jardine, M1tting the minute I may stats that us expenditure THE FINANCIAL CONDITION OF THE colour. 81,006,000 and the expenditure at $1,899,614 che only are a phaition to opasidar and which, sir, of all the items which compose our re logial Souretary the rarauna is estimate a sideration postponed at the Council and 8140437 for 1892 and for 189 $180258. Bat son & Co. Las, we understand, bean sithdrawa
Hon. C. P. CHATE--a. Bangkeng in silver. in his hebaltus uiready been incurred and go The COLONIAL TREASURE METo the sedou An estimated expanditère his always boon ar
The DeAL SECRETARY-Hand-the Uability andurtakou. The minate will be submit reading of the Bill entitled
deal with it intelligowity and effastirely. This venue supplies the most trustworthy in liestion ir, no denbess to the prudens of berrowing; 10. S. 5. Co.'s stemor Pulisras lettori to us Finance Committee immediately after raising the sun of 2200,fifo by, Lone for the sarpins of $6.711. It will thus be soon that our aro sollested in dollars The Gaveromaut now questionable it is tho itom of asacand rates borrow and lond. He bas his proposal on A Qulinaies for nasled, but these figure they stand show is a silver using culony; its rates and tax a of the progress and prosperity of the oiloay, in fact, be advised the Government both To Singapore yesterday morning and may be expoct the sitting of annoit. f move that the minnte purpose of defraying the coat of certain Public sarplates have stestify fallen, and what the ask for authority to raise a lost in guld and tages. What thou daar that shoe? It shows the ground that some of the intclters
Works."
Ccloui verery going to give us for which will have to be repaid in gold In your an increase in 1891 orar 1333 of more than might find it diBaalt to test their calls The ATTORNEY-GENSKAL zidad.
| 1893-$6,711-might tarm snt to be a large Excellency's opening dress you informed the 80 per cent, the flyurea being for 1883 9352,93 Ron. O. P. CRATER-I rise to propose an dicis. The ran my that the Colonial Connoit two months ago that
m for the reet it would be a bank to be on- For 1896 $996,191, for 1889 3174857, for 1990 Bled to plass the money in rectumorative un- audment, and it is, that the second reading of Seretary will at approva of this post-the position of a Colony in regard to its $414,993, and for 1991 $104.342. These air, dertakings. As to his son, it appears to The COLONIAL TREASURER morad the second this Bill be postponed for six sathe In possamont is hegyes he will not be able to fallande hus nerer in root vira heen 2 ou ara-vacy eloquent figures. Thuy spank for them-ba mistricon, for sings then there have been two The 12. & C. steamer Thames 1 Singapealing of the Bill outitled an Ordinsnes to doing on, I may as well at the very onset inbok apon the leau to every out his public works rectly prompted to hoonurable members sit lv mt quies no soment. Rats were calls, one of which was paid in fall and the for this pert on the 10th inst. at p.., with instare the terms ont conditions applicabls to form your Exenny that I am of opinion that exordinary. We have heretofore sinos 1890 might have bs and that the state of affairs increased on July 1st, 1885, frou par osat other is now in course of satisfactory settlement, the outward English mails, and is expected hore Loans authorised to be tied by the Govora.ifs long is ovary ondor the present ceuditious rind out are publis works extraordinary from far as the mobay's fund are covered par saam to 18 per cent in Victo is. Es poluted out the practical impossibilty of about 5 g. on the 16th inst.
ment of Hongkong and to provide for the area a vold lean is to be picsfereed to a silver ons our surplus revenue to-day we are asked to pass could not be goulered mealy satisfactory. tion of Inscribed Stock" He said As Ten-At last meeting of Council the hon. the Colonial
the inn in the other divisions, the spending the work, the Government being The French cruiser Forfait arrived at Bingated into the objects of the Bill go fully Treasurer informed us that gold, lona wall Colonial rotary to fall back ou it usu raserva valleuny's siswa, and it is a matter of regent 00s (during as more than five-sixth in he dwelt or tas surkeas pablie inveniener Bill for a loan for the purpose of mabling the Too naafist as uhers quito share in your Ex Peak District and the village, is not worth astor legal obligation to completes it, al pure on the Sed fast, from Maba en rauts to Thina, where she is to relieve the Pillare. The saything further beyond repeating the fast while a silver lean could not be pruoured here he will have this lean to fall back upon. Now, not do more than pay ordinary peu litro entony lion within the limits of Victoria. It son would inv lre. Un the 23 Angust he The last coas I do not wish to aid probably be procured la Landon at 38 peront fond. Whenever his badget is not satisfactory that the antony's ratima ed roroana for 1893 will als of the whole rateable property in the and grave sanitary complications which suspen Ferat euerios n draw of 290 men aud 19 guna..
that this Bill merely escribes the manuer o ader 4 per cent, which fa a los ranging for six say that the postponement of the Dill for Extraordinary blin warte already commenced would be interesting to know how many towns again wrote is sad and, y mining the Phe examination of Chan Kim Fai in the high insoribad stook "sapold by raival, shuzli: 50 years weant a difference of 50 per cent. to the six maths would of tu any alaps or form must be proosed with, and realise that it thorar in the British Empire in which, with Government need not hesitate to make such a Boulraptor Court was eatinned yeauorday and that method of borrowing bo doorded on for Government in borrowing in gold instead of silvarsly publike works extraordinary. There is now cry for the colony to brow in a trifling addition wenin adjourned. His Lordship prarandalaing the loun, and emphasising tas fact that Aguinat that, bowever, we have to meet with a very easy way to lost that. The total pect of the pably works I am st of the op- one-twelfth the raveena derived from the as well assured." Leid. There are ant to the rates as los, while thay may consider the payments. his watisfactian with the way the debtor bat en the Bil has bass drafted at homes an approved less of about 7 per cent. in the issue of the loan amout now wanted for public works inion that it only reasonable postarity should spot of rateable property has in wanting sige af approbing operation," swered the questious put to hi-u.
model, and therefore no alterations should be in for I understand his to any that porbags we traordinary. troduced, anless they apper to be asential
for the year 14 $417,000, pay its ear of th works, fo's (orrutacat years incised by over 80 per cent. I may and having given his reasons for this, he con might have to jesu.it, at 93, thereby harlaga and by your Excollonsy's instruction this amount now asked for tha Couoil's sanction to raise a slag mention that the sinking fand of artiuued, Tuo fall in the rats of hours in ty margin in hand of somewhere about 40 par cent, har ben rednog by $60,000 in osanection with odorata silver loan I should help to pass such a last loan of £200,000 hod. ta ita oredit on Bop-opinion is purely temporary and in my opinion But against that we have to coutoad with a loss the goal vote. Lasing $357.000 ta be exponded, Hill at this sitting, but the Government socks for tomber 9th lust a sum of £12.245. Ceylan in will sons rectity itselt." On this head he aten in the fall of silver. A fall in the mariset valus Tharura a patter of caloniation for the authority to burrow in gold. It is most unwise raising a luni a few years ago was able to borrow says, "The fall in home rents has been due of silver would meso a fall in the rains of the at six months about $180,000 would be requir- for a silver ning color to contrast a loan in a gory small fraction over 3 per esnt and I to a great haute in building which has caused daller. While thtaking this mitter over careful- od I think there would be absolutly as gold at the presant time, when the immediate submit for the consideration of capitalists who the supply of houses, especially houses for Euro ly I have come to the conclusion that even if diffoulty in getting top-rary ovariesits at the and fatore gali valte of iisor is et ronded ther the facts and #gures I hate meliined do posts, to scored the demand. This is a matter The Band of this At Shropshire fight Infan-whether it is asemary to inglude such a high ing that the dollar fell from 26 at the present how the future might turn out. For theзa known, and when no one below to know what to lend to Ilangkong at a not much higher rate Colony is steadily increasing. In saying that -Kay Ink there was a fall, and a very material fallow Bask for this, waiting meanwhile to use is brandboss annetainty greatst that was ever not go for to show that it would be good business which can be cured by time, as the population of the ry will play the following programan today. cate of interest as là per cent. for galà Fjal wancing at 7.10 p.m.-
moment to 2-til we should bars u wargin reasons I props the amendment that the second is going to hopped to the metal. In your Eres of interest. That, sir, is briefly what I have to take it that he meant that the tims would be Hi EXCELLENCY
ooed 44 per by having, borrowed in gold against silver of realing be payment for six monthe PolitaOld binnTM*
Cesin, Orat." Ondrille
about 25 por cent,, or in other words, it
lefiaya opalog aldress to the Congo two any on this branch of the subject and I now short. I may point out that all thie materially "Fat uitsa
Suspe Valeo khu Twilight,
Hon. B. BLILIOS-Your Exoslenor, anx months ago your said~~ Hou, T. WHITEHEAD-I would suggest, reach that the dollar would have to fail to ions as Ium to araid Lamparing the Govern The frequent Lastustions in silver and autern to the Bill In the first piom delay has been mut ja elation to the most aution for a taru to the objectisus, which, lava boen raised corroborates the position taken by the Gover. - SchottischpSuny Llears"
Core Not to exeoed 4 per cent." I swith. i Fumeves Dors"...
Own about 1/4 boforn a silver loan would dont with morings prohibitive of any measures exchange are anturally creating great diffoultion counselled and reasons have been urged in favour reduction of aortale asterias and as lately, is Collior.
BIS EXCELLENCY-The most favourable ha more advantageons to the colony. That, 7 they may have planned and matured in the band indeed onsternation, in doratrina in which of that course which are by no means devoid of the 20th September Isel the hon. member wrote, Tonde: a: True"
Benload thems will ba sucered. I think the Crown think, is a very good reason why we should prefer lief that if adopted by this Corzoil such mosin rea the silver standard is in force, as well as fa ona debuts Bot the Arguments on the other side"The msk ras by the Government is raising Kanblock. Agende suggested 31⁄2 por dent Summer Night in Marina Collies.
borrowing in gold to silver. There is quother and would prove beaedad to the celery, yes andar of the largest sat wealthiest counties in Eng when taken collectively are overwhelming, and a loan is nearly nil." Under his schema Hou, T. . WRITEHLAD-Üch! at 44 per aut u very unimportant reason way we should the present dir mustaaves I feel Tom justifled in M.S. Pas arrived at Singapore on float is ridiculous may mention is borrow in gold if it is to be had, and it is this sounding this resolation that has baso proposed manotary conference whole is bout to meet in former gears from a spasial fend the origin of to
land. It le vinely ta bo hoped that the seo tatal to the suggestion. Baleness. meruet the Government was to borran from time 1a fast, to relieve the Mercors The Talks Psibis to brrow locally at about the same rote At the last meeting the ton. the Colonist Tres-by the hon, manker opposita, to the affect that will decide on so surt of bimatalism which which is doubtless within the knowledge of section only of the soumanity, the ran tice and to load to a zory small Lud tory fair weather on the way does with a silva. Ithore ero think it would be wrong spree told us that we cald obtain a loan here the wond reading of this Lian Bill be postponed with at all erants give a fixity of value to the Coung, and from car previous losu.rine lot holder 82491,198 and the outstanding ouvrent agulust ker almost rery day. The to barrow in gold at 41 por cent.
até per cent, and in this statement be us for a period of six months. I am prepared, sir, to effror opin, which appears to be the first con The expenditure for 1892 luolading the liability of the Governmost, supposing very Shila Times says she went straight over to the
The COLONIAL SECRETARY-Passing this catened by the hon. the Colostal Beeretary go further and tondropate the abandonment of the sideration. If such should be the oass the effect expenditure i Rittman Bank and thoroughly worker and it clause, well not oblige the Governor to horren at and Lust quite of the sins opinion. I believe project altogether. We now have antetailing word he immuliately felt be the onergetic basi will exceed the revnas by gems $800,000, when the payment became due, would have ex pabile works exterordinary, lot holder to punctually repay his advance It was a okar day whom she wis Chance, but there that maximum rate of interest,
Ian loosily could be procured at 45, but uepaid bills of the last loan £100.000, which will pass community of this well-favoured sandblande which would be immediately adjust ended eight lakhs, notually $811,000. Suel was not a fence or vestige of the anfortunate
Hon. T, IL WHITEBRD-It give the Go-what I far is that if a local loan was produced the auta propose to be raised by this Bill will By the way the honorable the Colonial Secreed by bolag charge against the loan. as the operation which he pressed on the here the money to be put into the lusu would mount to 166,900, which, a $7 to the ponad tary's opinion of this. well. favoured island The estimated revenge for 1899 shows a Government as involving absolutela no risk, how severu mual have bead the matars of the
The COLONIAL SECRETARIYs, income from withdrawal of Axed deposits from the sterling, would show the formidable debb of 24that it is aut an attractive plass in itself, that surplus over tus estimated ordlaary exponditure and yet to-day he is disposed to question the weather in the vicinity.
youra hrace or 30 years pechops 4 par cont. way maka is Hongkong (Hear hour) I do not millieu dollars. For the past fifty years, zines is on Bortons distance from home, and of only some 57,000, or same $47.000 wa oz. pendence of the Government, which now pro- be the lowest rate at which wa oz borrow. I know whether your Excellency is aware that at this island has been soloniad, we have joggafflated with perhaps the most trying climats include the provision made to most the charges on one to raise fourteen lakhs on boal of the A recent imens of the Canadian Grocer, a think there is not the slightest danger of the the prossat moment banking facilities are very along, we have paid our way, and we have pro- the world in the ring and summer months to losa. There is nothing is the figeres trade journal published in Toronto, goutains a Crown Agents gotting a bigher rate than they materially reduced, for several on one vidal for our public works. I milatain, air, that Howorer, the Internations? Monetary Couter condios with my recont statement in regard to
Whole community by a losa the repayout of short article, which may give rise to snad uppre.need or of the Governor saking the clony to do reason, and a very good one, being that there this resell still table to do with judintorama ace mat fa Brassis recently out has atjourned the facial position. Iatatud that with due pro. this question of pradince, therefore, I will veter
which will be distribiatul over fifty years, O honsten in the toa-producing districts the. Olis ether hand if you rotres this per are fewer banks hore now thou some little tiny genient of our monetary affairs. In privata lite, its settings tatil May next, widle the Indian vision made for the public world. A fresh attempt, it spurs, has boou cant-lthough at prosent it is not any advantage. ende to grow tos in South Carolina Shortly age in our way of borrowing-it might bat liquidation and the old and no respoted waleas at our expenditure right and left, we Harankell a still taking övideses in Londons sonder and better pavilion than ever it had position which I buve read he canant and his way We have the New Oriental Bank in when we tnd we masst make the two ends moet, Cucrenos Cousinsion presided over by Loni ordinary by a lows, the oslony would be in venture to ask him whether in view of the pro works extra-him to his letter of the Bits Septemb.. and I uffor the War of Senassion, the Faited States futare time, and it would then be noosa Chartered Mercantile Bank in conso Minister of Agriculture institutol a experi sary to pass some other Bill.
of bring about equikbeum, sa vo savo something The consorts of opinion amongst the highest been before I aiutale that atatament and it to vote for the asspd-roading of this Bal. The taent in t-growing on an estato - Charles
reconstruction. But beyond tuis last, there is for any extraordhusey.oall which might be ado fuanoist authorities of the age is that the Tuis au contradiction to say now, as I said than, alternatives ton loan.nre increased taxation or the If EXCELLENT--De you move any amend another, and ous which weighs in the minds of on our pared. Binos any revenus has commenced terasional Monetary Conferando will reassemble that a loan for public works extraordinary la abdoment of publio works in curse of con tor; bat the results were not enmaniging, and most, e. Whitehead P after a short time the enterprise was slauioned. į
most people. It is the utter want of auto diminish and this impending loan looms in tear months bone simply to room its failure absolutely and immediately necessary. The stenotien or ad annually recurring defeit coupled Hon T. H. WarTEREAD-I do not, your Ez-fidenes in the future market value of silver. For the near future, un appreciable diminution has to effect any remedy to give stability to Prays Reclamation must be continued without with large systematic overdraft for a series A Dr. Charles Shephard has now sonde a farther cellency attempt to raise tes on the una extita, and irus |
this reason bankers and capitalista sad merchants son made Le our expenditure. I think, ir, it silver. It such abould be this as it is aluat teretion as we are bound by law to completa of yours Nos, whatever riaw may be takou of Oa Section 5, which road as follows: All will not bring money uns to the Bast for invest- would be advisable to await the result of the mortain that a determined effort will be made to it with ressonable despatch, and I may mention the financial position, every son will. I think. bonussisted by Mr. Cotiam, a plantar of on the insoribed stock which may be erested under want because they four that say moment a sororo policy of retrenchment you are inaugurated, repeal in the United States the law which now that I have toolly reaaired repressatatlans ages that the present time is, to say the list, umble esperlener in Capton. M. Cattails provisions of this Ordinance shall be redeem- drop in silver may occur. They would gain The proposed loss is snoject to ademption inatore Arion to parohaas 54.000,010 of from the marins lot holders urging inerated an inopportuno time for increasing taxation. states that the proluso of this Fouth Carolinanals at par on a date to be used in that behalf something at the tiste, but might after fifty years. If by rodasing salarion yon ounces of silver usualy or rongly epsking axpedition and complaining of the loss to which Nor can there be much diference of opinion as to estato is fully equal in quality to the tows grown by the Cara Agants when leming the stock, words lone very considerably by a detalye leop renome 25,000, or $95,000, every year, about 8 million pounds wort of the metal tey are subjected daring the programs of the the lurpediemy of abandoning the public works. in India and Coyle, and that in his opinion the such date not being later than Utty yours from in the price of silver. We have theraforo to do in twenty years, with 6 per cent, compound Should Americase kar parchases on of the constraction. Nor, as far as I can 549, cu Some of those are works of pressing beonssity. Culted States can easily produce the 90,000,000 the date of issue. From and after which date pend on our own resources hore and if money interest, you will have mad for the colony Brat authori in rada padito fill in the avokl early expanditore on the gaol, but no when completed will dirually increase the Is of tea which it nor consumes annually. all interest on the principal money onred Wars largely withdrawn from the suka sad put at that rate exactly tan m of $200.00), goid value of the ripes to prince, and is the dollar cljection, haa baan mised to the passing of the revenues others will prove very valuable in the There are, he may millions of agres that are thereby shall cease and determino whelkor pays into local Iden It Wook me a further ourtall for $140,000, the sense of the proposed to in 6. 13 la extremely down for this silver zesd praling on the ground of the test of development of the onlony and will indirectly puitable for ten cultivation, notably the land ment of the pensipal skall bare been dumanded seat of bank ngausities tu Hongkong. I fear to loss locairer. If you aụidos fed la retronohustag outouy to prior at the presant justice the gt byparis la the wohodule of the but not lose really, a camuurativo, and as File the yellow pers
br cog
Would atmoda sigur i stoppage of malings, malah lag farther to th, edient of another tum" in any cihar metal izan the maredang la which i hand say as more on this bead no produto. 'gards nearly all of them shole, temporary Allan
A. S. WATSON & CO., LIMITED.
THE JIONOKONG DISPENSARY,
ESTABLISHED A.D. AL
The Daily Press.
HONGKONG, JANUARY 12TH, 1893.
ed hero on or about the 18th just,
130
The YM.S. Express of India lath Vancouver
Ta day orning, tha 10th instant, for Yoke ham, Kobe, Shanghai, and Hongkong.
0
Segretary,
Hon. J. H. STRWALT LOOKHAS. Registrar
G.neral.
Ian. N. G. MYLINES, Colonial Tras
sarer,
!
Hon. F. A. COOPER, Director Pablis Works.
Hon. R. M. By sex, B., Harbour Master. Hou. C. P. CHATER.
Io. Ho KAL,
FouT. H. WHITEHEAD,
oa. E. R. BELILIOS.
Hoa.'J. J. BELL-INTING.
Mr. F. H. May, Acting Clerk of Council
MINUTEMAN
be rofverad to the Finaues Committe
The COLONIAL THEASFEER Scandent. Agreed to.
THE WAŃ ORDINANUS.
We understood that the British Narth Born-The ATTORNEY-GENERAL sconded,
Co bava agrend le grant the Bisters Extension
Telegraph Co. special privilegon in sonnetion with the bonding of a cable at Labuiu and that
Bill read a second time.
The Connoit went into Cammittee on the B21. Upon clause, which provided that the in- they have offered to give the Company a large forest on the inscribed stock should not exceed grant of land and office and staff a:cominodation. Si por cant per annum,
Hen T. H, WATKAS
Vulso
VIO......
Bild: ** 2nf dow Wallan"
skip Greta, a cironmastuñon which goor to shor
Verner purer.
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