1903-03-28 — Page 3

Page

ARTILLERY SPORTS.

One mile flat race-1, Gua. Cambridge:

Gan. Longmans; 8, Bom. Wood. Half-mile fiat race (for nativa).-1, Ghulam

CORRESPONDENCE.

THE HONGKONG DAILY PRESS SATURDAY MARCH 28TH, 1003

THOUGHTS ON THE CURRENCY QUESTION.

The regimental sports of the Royal Garrison Artillery concluded at Happy Valley yesterday, when the foals in the various erenta were"

TO THE IDITOR OF THE "DAILY FRESS.” dosided. The day was worm-rather two warm

PONTOSAN "Hongkong: 26th March. for the competitors, but pleasant for the

St8,-As the resolution to submit our car- spectators, who included many ladies. By portlasion of Major. Radelf and officers, the rency question to the Straits Commission was band of the 33rd Basma Infantry attended and carried the other day, it will doubtless be duly played sulections during the afternoon. The forwarded to the proper quarter. It may not sports were held on the football feld, and be altogether a waste of time now that the proved interesting and enjoyalde, withough contention is over, to examine a few of the there was an abreuse of the animation attend-points at fame and to 100 why that resolution ing the fête last year, Appended are some of did not carry the support of so many of the weet powerful trading interests in the Colony, the results by dry

We all agree that low exchange is disagree able to the foreigner, but there seems to be in the minds of some steeling that the banking interests are responsible for the low exchange nat are revelling in enormous profits brought about thereby. Is not the chief reason the enormous indemnity extracted from Chlua, who from being a possible coummer of alver is turned into a constant seller of it, is order 10 meet her gold liabilities? Are we not being ground between the upper and bother millstones of European rapacity and Chinese foolishness Would it not be better to bring this forward and make a general attempt to place Chios herself on a gold basis, which a conference of all the Chambers of Commerce on the Chins coast, in Shanghai, might do something towards? If the governments of the world are brought to realise that their efforts to improve the status of their subjects have resulted to their detriment, they might by international agres- ment succeed in placing China cu s gold basis. There are schemes already afloat to that effect. For this Colony to refuse to attempt any general policy such us this and to prefer isolated action before ever attempting it, resme selfish and shortsighted. The principle of a locally

Mahomet; 2, Jemsel Khan, Long jump-i, Guo, Relly, 17, 4in.; 2.

Gun. Macpherson; 3, Gun, Allan Fatting the weight 1, Q.M.S. Higby (30ft. lir.): 2 Oun. Gough; 3, Gun. Crotty. Higli jump.--1, Gan, O'Hearn (4ft. Sin.);

Gas Bradky, (4t. 4in.): 3, Gan. Glass (ift. in.) In an exhibition jump on Bradley, second, cleared ft. io,half.

an-inch more than the winner. The committee of the sports was composed as

PresidentCaptain Boyd, R.G.A. Members Lieut. Miles RGA List Faushare, B.G.A. Reg, Q.M.8. Higby, Q.M.S. Gettingby, Latot, Strover, R.GA Lieut. Smith, R.G.A,, Sergt. Burghall, and Sorgt. Staney.

HONGKONG SCHOOLS SPORTS.

The following is the full list of prize winners at the Hongkong Bobsole Sports:-

1. Long jump-1, B, Wong, J. Rocha;stricted and protected currency is opposed to

3, Gonzalez...

all the free and liberal traditions spou which

2. 100 yards (10-18-1, J. M. Barrados; 2, the Colony has risen aud flourished; and will

R. Arriola; 5 Vidal,

it payThe whole question boiled down Tproduces two queries:-1. Is it possible

If it is possible, is it advisable? Let us take them in order. If we go on a gold basis

P

CAMPBELL, MOORE & CO., LD.

The report of the board of directors to the seventeenth ordinary meeting of shareholders to be held at the Company's Office, No. 29, Queen's Road Central, on Tuesday next, st 4 o'duek pa, is as follows:→→ ··

Gentlemen,-The directors have the plansure to lay before you the accounts for the twelve months ending 31st December, 1942, showing o credit balance of 85,386.68 which, with your approval, your direcions pregose to deal with on follows:-

for Investment. A great deal is bero already in the shape of money advanced by banks who use their sterling deposits for that parsa, but that is often lost sight of Ansther one or two million pounds would reduce interest to 3 per cent or 4 per cent, so that the investment of savings would be considerably reduced as far as the rate of interest goes It must not be forgotten that it is always a matter of free choice to every one as to whether they invest their savings in gold or silver. If a pan prefore to remit monthly or annually what be is able to sure he can keep his capital in gold all the time. Or if he wishes to have money at hand, he can remit half in gold and keep half in silver and so hedge against a big exobange. That loss owing to falling people have in many instances failed to take that very reasonable precaution is hardly a reason for a revolution in the standard of.

During this year business has been pretty value, which many think would have great elements of danger to the trads of the Colony.

contínuo 8. For the convenience of the Wo are entirely different from a great produc-steady and there is every prospect that it will ing constry which has exports of its own. If they like to siddle them with a high pations, a branch has been opened in the Hong- standard of valua they have at least something kong Club annere during the early part of this

advantageons to the Company. to put the saddle on; whereas we have month. The directors hope that it will be nothing.

If Shanghai and other ports are working against us with a silver currency, it is reasonable to exppet that they can put work throughcbespar than we can with a gold one. Will not the tendency be for them to supply the needs of customers who always go to the cheapest market? It is practically as cheap to reac goods from Shangbai to Amoy, Swatow, Foochow, and Formasa tis from here, and might not these parts draw their supplies from there, instead of hore? Have we even such a firm hold on Canton? Steamers of very vousiderable size can go to Whampos, or Lintin, or Nastao, and godowns for the storage of goods could very easily be erected there. Take the Japanese coul trade as another example. Coolies are largely need instead of machinery for handling this ohormous trade, hut if your coolies are paid in gold, surely mechanical appliances would replace them. Is there not even a risk that the trade might go a short way up the river, where silver still prevailed and the thousands of coolies and many cargo.bonts at present em- ployed leave the Colony for good?

3. 100 yards (13-16)-1, T. da Silva: 2, Rodrigues: 3, Wong Shin Cheung, 120 yards-1, 0.-Loureiro; 2, J. Castro 3, H. M. Castron must bothered 5. 1 mile bicycle.-1. H. F. Dunje; 2, Wongwe must get the gold from somewhere.

Toparain,

The idea put forward by Mr. Osborns was Shin Cheung, FT 6. High jump (15-18)-1, Lam Fook, to have a supply of gold in London and work

ith shillings and peace and incontrovert-those left behind to pay." foottes de pana la

AVIT able paper notes: But how to get the gold y and how much would be required? Some say £2,000,000. How they arrive at that amount I can't say the present, notes issued amount to

F.

7, 220 sords—1. L, Rodrigues; 2, J. da Rocha;

3. 14. da Silva.

8. 120 garda hardle-1, E. da Silva, 2 B.

Wong 3 L Daspolates.

9. High jump (10.15)-1, AL Dalisah:rly $20,000,000 and would be more if there

A. A. Luiz, bar t 10. 100 yards, (girls under 10)--1, A. Lee; 9, Toro more issuing banks. But let us take £2,000,000 for the sake of argument. We M. Mooner, W. White,

are not going to get that as a gift from the British Government. We must raise it our solres, What security has the Colony to offer for such a loan? What undiscovered sources of

11. 100 yaris (giele over 10)-1, M. Long; 2,

A You; 8, A Lin

19. Quarter-mile-1, J. Labbaye; 2, J. da

Ecobi; S, A Lab."

14. Throwing cricket ball-I, N. Beldovins; ravenne have we got to enable us to pay the L. Despointes.bject word interest, much less return the principal? At 15. Half-mile shallonge U. Alarakin 23 per cent, the annual laterest would be

* Yeang 1: 3, A. Melbye,

d

16. Skipping Raco-1, A. Lee; 9, M. Long

3. Bl. Meopay, the

17. 50 yards (under 1. Batista, S. May

A. Asrido, Gonzalez,

18, 900 yarda-1, Wong Shin Cheung, Ng

Kam Wing.

Morkar 3, H Edward.

19. 600 yards--10. Alarabia; 2. C. 20. 7.farlong race, -1, J, Witchell; 2, F. Ellis. 21. 100 yards three-legged-1, Pak Bhui Ki, Wong Shin Cheung; 2. R. da Silve, L. Rodrigues,

The loss taxes would always remsia for

* *

I approach the subject in the spirit of enquiry, but will any reasonable man suy that there is no risk of these things happening? Take the Dock Co. Doas not this suffer enough already from competition with Shag hair Wouldits position be improved by paying labourers in gold?

To pay s dividend of £5 per cent. ' .. £3,000,60 To pay directors' fees To write off Sxture and furniture

Decounts

www

000

178.45

... 1,0.000

Te place to reserve fund account Tocarry forward to next year's account. 535 23:

85,336.63

The accounts have been audited by Mr. A. O'D. Gourdin, who offers himself for re-election

A. FUCKHERA À ROULEI,

Chairman.

Hengkong, 25th March, 1903.

The accounts are as follows:-

STATEMENT OF ACCOUNTS From 1st January to 31st December, 1992.

& ABGETS.

7,848.21 Value of stock on hand ..... To Slook

5,191.82 To Accounts Receivable To Cash

Duo from customers.

Amount on hand To Chartered Bank-.

In curront account

As per Inst accoust. To Furniture and Fixtures-

Recommended to be written

off at last meeting

Sinco added.

As per last acconst

To Loon Account

Since collected

To Susporine Acerant---

Unexpin fire premium...

Br Capital-

$805.05

35.GS -59.00 ..178.45

..$75:00

KODAKS.

FILMS.

PAPERS.

PHOTOGRAPHIC GOODS CF EVERY DESCRIPTION. DEVELOPING AND PRINTING

UNDERTAKEN.

GOOD WORK. PROMPT RETURN.

THE CHEAPEST AND MOST UP-TO-DATE STORE IN CHINA.

ACHEE & CO.,

· 17A, QUEEN'S ROAD CENTRAL.

FEW DOORS EAST OF HONGKONG HOTEL

Hongkong, 11th March, 1963,

JOINT STOCK SHARES.

Meesis. Vernon & Smyth asy in their wookly share report, dated Hongkong. March 27th. -Oor market has been active throughout 401.30 the week under review, and is further important investment business at gradually improving 6,513.09 rates has to be recorded.

BANKS.-Hongkong and Shanghais have been placed at $690 and $691, and close with further buyers at the bigher rate, London is unchanged at £62 10s. Od. Nationals have improved to $25

6:8.45 bayers.

$5.00

MARING INSURANCES-China Tradors bare caard of slightly and are obtainable at $60, Unions sold at $535 and further shores could probably be placed at the rate. North Chinas 8.78 have sold at Tls. 200 and continue in request. Yanglezes have improved to $14 buyers. $2,637.28 Cantone can still be placed at 81623.

LIABILITIES.

1 shares paid up at $1 each

$

12,000

A

Due to sundry creditora. By Reserve Fand

$1,500,

By accounts Payable

As per out aveount

As authorised at laut meeting... 1,

By auclaimed dividends and boxu5 Ty balance at credit of profit and lose

To wagos

WORKING ACCOUNT.

To charges..

To Reserva Fund-

As rushed at last menting. To Dividend-

To Bonza

To-insurance........

Toront To stationery

To Bad Debts-

1809 IBU

$461,00 72.65 **** 146,00

41.95

Written off as passed alust meeting ...

103......

Mr. Osborne said that Banks would receive their loans back at the brinking-up price of the discredited and disestablished dollar. But would Banks wait for that unhappy position? It is well to remember that Banks are merely aggregations of capital subscribed by these who have money to enable people of energy

25 per cent. on $12,000 ns passed at last

meeting ... £70,000 allow £39,000 for sinking fund, that and ability to trade, who have insufficient capi, mens £100,000 a your ex au increase of about tal to do all the trade they wish to. The benefit

25 per cent. on $12,000 as passed at last

meeting And is a mutual on If an injustice is being $1,500,000 per annum to our taxation,

trading To direuters' fees

sadits daring would we be able to borrow all this gold? The worked would Banks and their

Tu auditer's fees monthly bounty of nature has given this Colony a fair customers not tend to separate over a ques-19-2...... Ganchorage and nothing more. India and the tion of this sort? But the bankers and the Straits can largely pay for the cast of changing chief traders are found in the same camp. their standards by making large profite on the Banks may be very liboral, but they have shareholders and depositors to protect; and silver tokens which they circulate. But in these countries there are millions of people, and would it not be possible that if they foresaw a della profond, bloom being self-contained they can protect themselves movement to treat thein in the way foreshadow. 22. Potato reos-1, J. Labbaye; 2, F. Gop better than we can against the introduction by Mr. Osborne, that they would call up

zalez: 3, Yeung 1 of false coins. In any caso the amount of silver 24. 100 yards agg and spoon-1, Wong Shin tokens to Le used here by the 200,000 to 300,000 their loans? Might not this produce a forced

Cheung; 2, L Todrignen; 5, Lam Kai

residents would not produce enough profit to realisation of securities which would render the Ming.

materially reduce the cost of the loans requ red proposed change a curse rather than a blessing to put as on a geld basis, and the full waight of the loans we must therefore be prepared to face To prevent the introduction of false coins which might be in every respect as good us the legal coins, and still show a big profit to the vinera, would be an impossibility are with our constant communication by junk, sampon, and steamer to all the surrounding country. Even in India the false coiung is generally thought to be considerable and ia Java it is known to be so. The cost of an efficient protoctive service would bare t

25. 2-mile bicycle.-1, R. C. Witchell; 2. B.

pret Banje

40. European Soldiers-1, Snelling; 2, Thow

KOD

27. Atiatio Soldiers →→ Reitte Singh;

Mcong Siugh.. The Masters Cup is awarded to Weng Shin Chenog (points 15,5

The Committes desire to tender their best thanks to the following donors of the prizes Bir C. P. Obater, Kt., C.M.G., Ellis Brothers; Mesero. D. Nowrojes & Son A Rumjahn, Esq; Mesers. Levy Hermanor, Mosers. Adhes & Co, Meners. W. Brewer & Co, Messa. Kelly and Walsh, Ld.; Messra. Nakazawa & Co., and the subscribera.blog

By permission of Llout-Cel. Iremonger and the officers of the 53rd Burma Tafantry, the band of that regiment played an excellent selcation of music during the afternoon,

Dr. G. H. Bateson Wright, on behalf of Mrs. Wright, made's few appropriate remarks, affer which Mrs. Wright distributed the prizes.

In conclusion three bearly cheers were given for Mrs Wright.

SUPREME COURT,

Friday, 27th March.

IN ORIGINAL JUXIMICTION. BEFORE HIS HONOUR SIE WILLIAM. M. GOODMAN (CHIEF JUSTICE);

A STEAMSHIP CHARTER DISPUTE.

To Furniture and Fixtures To balance..

?

40corat

interest... -------

by sales and shop raturas

transfer foce.... less coat of stock .....

$32.410.3: 11,371.80

or, they would offer their debtors the alternative Ly balance brought forward from last of changing debts into gold debta at an ex- charge and interest which the Bank's would

overdrafts feel any happier with a gold debt chose, not the debtor. Would those having at 8 per cent, and the value of money falling owing to importations of home money berbing anything good in the way of vestments, and content with 4 per cent.? That the banking interests would have to more to a closer point of contact with the Chinase is generally admitted. Let them go, Bat that means a withdrawal of

gay. some,

bo added at the Colony's expense. And the enpital, and men with braius and money will idea of incontrovertible paper must be die lesse the place. Where is the Colony's ad-

vantage in that? ... misled. People will not bare it unless at s discount, and in time of trouble it would not he negotiable. The gold must be held, to be with drawn as required, and is this Colony's credit strong ancugh to go on boroving to replace the gold as it is withdrawn? If the gold were in Loudon the notes would bes favourite form. of remittance home and would be cushed there; so the gold might as well be bars. But would

That Hongkong will always remain a place of great importance from the Imperial standpoint is bayonda estion whatever currency logisla. tion may enacted. But will it continue to throb with its present activity, and will its stats re-scho with a hurrying multitado

are not entirely foolish think in this separa bent ou peaceful arccations? Some men who it not at times tend to disappear inte China?tion from China there is grave rink, and And if the supply ron short, we would have their opinions are worth some consideration. to go on borrowing to replace it. The "There may be those who gre hopeful enough sendal cost to the Colony would be great to think that England will give us the mone Would not the taxation required, tend to to effect this change; but why should she? increase the cost of living ? A gold standaid There are more trading Enghelmen in. in Japan has done that. Why should we fare China ont of Hongkong than in it, and it does not matter to people at home at what differently

I have taken £2,000,000 as a basis for the port the Empire's China trade is done as long gold required as it is the smallest estimate as it is done. It home articles are sold in

$15.80

2,5 0,00 31,80 5,300 08

FIBE INSURANCES.-Hongkongs have sold at $307) and $309, and at the close a few shares are probably obtainable at the former quotation. Chinas sold at $82 and contiane in request.

SHIPPING.-Hongkong, Canton and Macaos have been in gotive demand and important sales have been affected at $38 at which more shares can be placed. Indo-Chinas have been hooked at 8100, 890 and $99 and more shares can be placed at the last named figure. China and 32,687.28 Manilas continue in request at $27. Douglass have sold at $43 and closo ateady. Star Forries (old) have improved to $27 buyers: the Shell new issue is unobanged at $14.60. 2,534.51 Transports continue on offer at £1 7e. fd., and 1,438.33 a slightly lower rate would probably bo 1,000.00 accepted.

8,000,00

REFINERIES-Chino Sugars have been booked at $107 to $109) and at the close some further sbares are obtainable at $109. Lażona are without change at $124 Bellors.

MINING. Papjoms are wanted at the nd vanced rate of $31. Raabs are weak with sellers

3,000 400.00 30.00 at $8. 3,120 Dock, WHARVES & GODOWNS-Hongkong 2147 sad Whampos Docks have been in active £38,00

demand with sales at $207 to $213 cash, and equivalent forward rates, and our market oloses with a farther enquiry for assh shares at the higher rate. Hongkong and Kowloon Wharves have been booked at $93 and more shares are 721.60

wanted. New Amoy Docks are unchanged at 05.05 $38 Bollers. Farnhams have fluctuated between 5,398.68 $180 and $190 with sales at intermediate rates,

and close steady at $387. $29,416.84

LANDS, HOTELS & BUILDINGS.-Hengkeng v. Lunde continue on offer at $176 with sales reported at $175. Kowloon Lands have been 7,908.66 in strong request, and have advanced to 340 at 179.47 which holders still refuse to sell. West Poluts have also improved to $55 buyor. Hongkong 21,288.52 Hotels continue in demand and close with 25 buyera at $143. Humphreys Estate are as- changed with probable sellers at $12.15 after $29,416.94 sales at $12.

CHURCH SERVICES.

ST. JOHN'S CATHEDRAL. 29th March, 5th Sunday in Lent.

Holy Communion (7.30) s.m.). Mating (11 .01). Responses, Ferial; Venite, Savage; Psalms, Turiou. Baruby and Brownsmith: Benedicite, "Okearken Thou nate the voice of my calling Ward in D: Jublate. Hayes in F. Authem (Ward); Hymu, 96; Offertory Hymn, 252,

Evensong (5.45 p.m.). Responses, Ferial; Psalms, Rimbantt and Dimittis, Welden in minor (16th M.); Hymas, 200, 633 and 97 (T. 298); Vesper Hymn, Ward Staiver: Magnificat, Pye in E (21st M.); Nune

(No. 1).

ST. PETER'S CHURCH.

Queen's Road West. Holy Communion, 7.3) a.m. Matins (11 s.m.). Hymn, 330; Venite, Hopkins; Te Deum, Woodward; Benedicite, Jackson; Hymns, 435,

583, and 402. Evensong (6.30 p.m.).

The

HONGKONG'S CURRENCY

QUESTION.

189

&C. Express, commenting on the recent discussion of the Currency Question at the Chamber of Commerce, KAYE :

It would seem that local opinions are hover- ing between the very natural desire for stability. in the standard, by which the vast trade of the colony is condusted, which can be obtained by o contraction of the currency, though probably accompanied by a stringent money market, and the fear that there will be a displace.

out of trade and banking by making a change. Whilst China continues on a silver basis Hongkong must perforce look forward to a certain drifting away of business to the ports of the mainland, What is evident for the moment is that there is a strong movement both in the Straits and Hong- kong for a gold-rated currency, and that these in either colony who a few years ago, were strong in their opposition to what was formed tampering with the currency," are now the obief exponents of a gold standard currency. It is even said from Hongkong that conversion would cost the Government comparatively little. It depends on the ratio adopted, as in like maner dos the loss to the public, or, on the other hand, the risks that will have There are two things very evident in taking on a gold standard without a true geld backing. If the rate adopted is high-asy 28. at present, when exchange is 15 per cent, or more bolow that figure the Government, cr the public, msiat bear a beary loss, and in equity it would have to be the Government; if the rale teken is low-that is somewbern about present exchange-there is no present loss to the public or Government, but there is the grave risk that in a rise in silver the colony might and some morning that every dollar had been shipped out. of the place for sale as ballion; the cost of replacing would be a heavy loss to Government.

IF YOU REQUIRE

be rub.

BOTTLED ALES, BEERS AND STOUTS,

BUY THE BEST

Ale End, Coope & Co.'s. Bass, Light Gravity

Al...

Bass, Light Gravity

Ale...

Do.

do.

Doz.

Per 8 Doz. Pts, $18.50 $2.35

4

Qta. 19.00 4.73

21

11

Pts. 21.00 2.65

Bass, Boar's Head...

De. da. Dortmund, Pilsener " El Capitan, do.

Do..

do. Jubilee, do.

Do. Munich, Dark

Do. do. Blatz, American....

Do. do.

COTTON MIL18-Exce hve advanced in the north to Tla. 382 with sales. Hongkongs. are unaltered at $17 Bollers,

MISCELLANEOUB-Manila Investments have sold at $15 and can still be placed at this figure. Green Island Cemente have been booked at $231, and $223), and are now obtainable at $221 ex the dividend of $1.20 per share for 102 paid on the lud instant. A. 8. Watsons Yebien, are wanted at $141. Ropes can be placed at the improved rate of $112. Fenwicks bave Yebiet. advanced to 847 buyers. Compbell, Moores hare sold at $42. Helle Asbestos are wanted at 824, and Powells at $10. Chips Frovidents

do.

Qps 22.00 -5.50

Pt. 27.00 3.40

"Qte 18,00 4.50

.. Ps. 18.00 3,00 ,,Qbs. 16,50 -4.15 6. Pts. 16,50 2.75

4 Qte. 18.50 4.15

A

Pte. 16.50 2.75

Qts, 17.00 4.25

6 Pis. 17.00 2.85

ན་

*

6

Qt. 28,00 4.70

10 Pts. 20,00 2.00

Light

Japanese

Уврацеве

Dark...

8

y

18.60 2.30

17.00 2.20

STOUT.

Doz.

after sales at $9 95 are procurable nt. $97.

MEBO-Campbell, Moure & Co., 1 d., ordin-Ind, Coope & Co.... Por 8 Doz. Pta. $19.50 $2.45 ory annual meeting on the 31st ins'ant.

THE IMPORTATION OF ARMS

INTO CHINA,

Head

Guinness, Boar's Guinness, Boar's

Head

14

19

$ Qtr. 20.00 5.00

8

D

Pta, 25.00 S35

H. PRICE & CO. 12. QUEEN'S ROAD.--

141

JUST PUBLISHED-2ND (REVISED), EDITION.

FRENCH IN TONKIN AND SOUTH CHINA

Sixty Illustrat ALFRED CUNNINGHAM, tions and One Map, Price $3.

We learn by the mail that Count Cassini, Russian Ambassador in Washington, has made representations to the State Department regard. ing the situation in Chins, and has expressed the hope that the United States will co-operate THE with the other Powers to stop the legal importation of arms. Mr. Hay and Count Cassini have had several conferences on the matter, but it was still undecided what coures the United States can take to prevent the Importation of srps. The United States utmost to it is stated,

doing its

respecting Government, carry out the treaty agreement repertory are exclusion of sms from Chias.

jo

the

ON SALE AT LOCAL BOOKSELLERS.

PRES NOTICES.

This volque places before the English

Hymo, 275; Magnificat, Healey, Hymns, put forward. It allows for no expansion in Shanghai or Amey the home operative is 371, 275, and 13.

The Church launch Dayspring calls on ship Evidence was resumed in the case in which trade, which if it takes place (as we all hope well employed as if they are sold here. Tam Long Chuve and another, ship charterers and think it will) would necessitate further If China commodities are sent homes carrying white crews fothers by arrangement required, the port of shipment is a matter with the Chaplain) between 9.15 and 10.50 am, carrying on business in co-partnership at 20 ans and increased cost to the Colony. There of indiff reuce to the consumer, and it has and between 5.15 and 6 pm (Kowloon Police largely directed to co-operation", with Chins inroador the best description of the Soothera Des Voeux Road Central, sued J. E. von der Che may be some other ways of providing the gold, never been England's principle to give houuths Pier 10,80 and 6) to bring friende ashore to the services The Austrering Pendant is the call" Bag. All the sittings are free and for desges, the action arising out of the bat those adroesting this great experiment to her colonies.

Tais is not a question to be lightly decided charter by the plaintiffs of the steamer Sleipner, have not put them forward............ Mr. F. H. Sharp, K. C. (instructed by Mr. F. Is it advisable As this Colony produces and to leglesto fiom a feeling of irritation appropriated. Visitors welcome,

ovided. By what magic power can, we now D L. Fowly of Mesers. Denny & Bowley, nothing sad this source of profit fex all trade is however annoying the cansar, is a thing to buy solicitars), oppaared for the plaintiffs, Mr. T. the Chinaman, we must base our calculations in a crop in silver and reap the harvest in gold Mergau Phillips, barrister-at-law (instructed by the first place on the metal he has to pay with Let us be careful that we are not led by a willo the wise a position whera "con Mr. G. C. O. Master of Messrs. Johnson, Stokes which is silver. All our society with its profusion may become were confounded & Master solioltore), was for the defendant,

fessional and literary elements in superstructure Ferhaps if some of your readers have patieove based upon the trace. If that diminishes they to wade through this lengthy statement they Halong

Mamma says he shouldn't eat must muffer with it, at us SuppONG for a may be able to demonstrate to the Doubters

that the light which the Reformers hold up gold basis | nas true one →Yours, etc., v too much."

G. STEWART. Arobitald "But it doesn't feel like too moment that we are put on

ght here and that money from home is muck natil afterwards,”

into a

GOSPEL HALL

6. Arsenal Street, Top Floor, off Queen's Road Mootings are held as follows-Sunday Tuesday Soldiers and Sailors Bible Class Acts 2, 40, 11a.m.; Gospel Address, 6 p.m.

6 pm

Thursday-General Bible Class, p.m. Saturday-Prayer Mouting, 6 pm

to present the entry of arms into that French colonies in the Far East that has yet Many of us in the Far East have read conutry, ht it cannot prevent American appeared. SHANGHAI MERCURY" merchants from exporting them. Investiga- tlens kave, however, satisfied the officials that books on Tonkin, ancient and modern, but a there has been no really heavy importation of knowledge of things as they are there to-day, of what has been accomplished under M. arme into Ching

Donner's administration is far from common. The author has written what he set out to do, a very readable and accurate sketch of the colony as it is at present. ... Alisgether, this is a book to read." BANGKOK TIMES." THE BOOK WILL BE FOUND TO ER 4 COMPLETE

BOOKINGS TO HONGKONG.. Per Nipon Yusen Kaisha steamer Kanagawa Mars, from London, Feb 27-Mr. and Mrs. G. McFarlane, Mr. and Mrs. J. Douglas, Miss M. Douglas, Mr. Mrs., and Miss Weir, Miss J. Dewar, Mr. H. Vaughan, Mrs. B. Maodonald, Mr. Dancannon, Mr. Beggie, and Mr. J. Smith,

GUIDE LO THE HANOI EXPOSITION.

Hongkong, 17th Cetater, 1902,

Lee