HOME AND CHINA AFFAIRS.
(FROM OUR LONDON CORRESPONDENT)
March 30th.
THE KUPE COMMON EIN,
But ofive mon other
In my last latter, I ventured to anggest a falling off in the manners of the Honse of Commons. This was the conclusion I arrived at after attending a bath of the House and cheersing the department of the members. The lack of solf-restraint, the radonoss of some of the intorjuntions, the avident absence of desire to allow a prominent member to develop his argumont, and the obvious determination not to listen reasonably to reasonabla argument, but still more the demeanour and deportment of th members, or at least many of them, inclined one to the conclusion that there were many other things in the world one would rather be thou. a member of Parliament idons. Mr. Balfour is not of my opinion. As he has a longer experience of Parliaments than your correspondent, and has probably more to complain of than anybody in the House at the present time, his opinion may be worth having, Speaking at the Mansion Housh on Friday night, he mid that he did not believe that the House of Commons minners had dotorioarated, He was confident that the character of the Home of Commons, the parity fita motives its absolute superiority to anything is the nature of pecuniary brile, its powers of speech, ils tolerance of difference of opinion, its general good mammers towards even those who represent
but a small minority, exist still and will connin when this Homan of Commons has gone und is to be judged by the historian soenaling to its performances. With all das respect to the quiz non of Mr. Balfour, I for one and I önd many who agree with marafuse to believe that he was quite sinnero in what he said. He was doubliens apaking with his tongue in his, cluck. As thee Last rotoxining representative in "the House of that small party which set it
tho tak by systematic criticion and tic ingetions exercise of every Parliamentary device, to prevent legislation by a tibwist: nian administration, Mr. Balfery may have a diffrent klon of what Parliament exists for, ur it. 2013: by that this Muusion House speech was intended to react upon the House. and lowl its menthers—the majority of Ba members- exäreise moraseif-rostraint and to
who had asats beside their compatriots, ware infected by the enthusiasm the demonstration, sod joined in the responsive theors. It was dilleult to realise that these laughing, almost roguish facas only a few months nga kad looked "pu douth in its grimment form, and had faced it without flinching. Again, I do not wish to setup onparisous, but I cannot refrain from commenting on the fact that Eondon for onen had a display of cheerful enthusiasm without the adroalitious aid of any of those fiory liquids without which none of our national displays is rootone complete. In more ways than one, the Japanese visitors were au objel lesson to the people of Englund.
THE HONKONG ELECTRIC
COMPANY, LIMITED.
The report of the Board of Directors to the soventeenth onlianry yearly anting of share hollers, to be held at the company's offices. St. George's Building, at noon on Saturday, 12th May, rendes: ---
Gentioren, Your directors have the plan. sure to submit the accompanying statement of the Company's Accounts for the period of Tenmontha ending 28th February, 1996.
The balanes at credit of profit and loss account is $10,24469; after deducting direc ford feas 69,590) thero ronalus the sum of sto9,741.429 available for appropriation, and your directors recommend that this by disposed
of as follows:-
|
THE HONGKONG DAILY PRESS, THURSDAY, MAY 3RD, 1906.
CHINESE CUSTOMS REPORT.
INTERESTING NOTES ON SILVER,
We have received from the Imperial Maritis Customs of China, Department of Statistics the report on the foreign trade of China which is now annually and eagerly expected from the pea of Mr. B. B. Morse, the Statistical Secretary. The current report is part L for- 1945. To begin with, we give only some extracts from his very interesting remarks on affecting silver and exchange. Ho mays:- enrrency trade,, and other circumstances as
In my report for 1994 I referred to the greal excees in the value of imports over exporta; and taking the figures for 19:3, when the value of foreiga merchandise in parted oxceeded that of Chinese producs exported by 31 per coat, I was able to show that the sum of China's liabilities on the year's working, including payments for imports, loans an iniennities, and all other charges, was fully period, made up of the visible asset of produc covered by the assets available in the sam úxported and other isvaible assets for which imports had increased to 1 per cent..sud in the an estimate was given. In 1904 the excess of
bende of 1905 importe (II. Tis 417,100,799 |
xeradot exports
Tis 277.866,
1947).
supplement their own work, are all exports of material or labour, are all assets of the producing country, and must all be paid fer, ono way or another, either iu money or in an increased difficulty in getting farther supplies; and both belligerents, while undoubtedly enusing moch auffering, Rem to have paid their way.
Coming now to the aoinal balance of trade for balance of indebtedness, as it has bean botter red, we have the following statement on the basis of the trade of 1905:-
LIABILITIES.
Yulan of merchandise imported in 1905 Not import of treasuro int> comercial area (se pago xv) ... Loaus aud indemnities Invisible liabilities, es-
timstoof 1983...
ASSETS. Valns of merchandise
xportal in 195 Invisible arts, asti- mato of -1903 (leas expenditure on Man- churian dilways and garrison of Arthur)
Forf
447,100,791
Hk. Tla
14,819,102 £2,000,000.
32,070,000
297,888,107
149,4 2,000
Diffarens to be a zunted for
HE TU...
KODAKS AT HOME PRICES.
No. 3 FOLDING POCKET KODAK (23-12-6a) $28.00
4 CARTRIDGE
(£5-15-9d.) 360.00
25
LONG. HING & CO..
No, 17, QUEEN'S ROAD.
BEIERSCH-BIERBROUWERIJ **DEL AMSTEL".
AMSTERDAM
PASTEURIZED
EXPORT
[35
536,980,893
LIGHT
AUSOLUTELY
PURE
FREE
PALATABLE
FROM
Per Case 4 Doz, Quarts...
$18,50
-4.15
SEDIMENT.
6
Pints
I
"
18,70 9,75
877.298,1997
158,602,096
This unprovided balance, Hk. Th. 158692,696, may be considered a possible est mate of what during the year by en covered by morebanlise may be called "war remittances which have imported, subject, however, to some deduction for the balance of trans-frontier trade outwards over that inwards (see pago vii), not included
in this
estimate.
the Chinese mind as to the actual disposition of
As some uncertainty is still found to exist in
by 7 per cent. Other things being normat the natural result of increased imports and or decreased exports wenul la to kock exchat in the end, importors entupeting for, bills, to cover their indonis, while expertos bills would tot suflice to supply the dermal; exelargo has, however, bean, on the
average, & per con higher (89. 9-1/1, against 1-41d) in 1910 thun in 0.4, with oven n and a tendancy to maintain the rise. This is marked rise toward the end of the your
rosult which would naturally follow from diminished imports or inemased exports, lustrade which has to be paid by the govern of timacinal conditions of the year, and the loss and its indemnities to foreign Powers, meat of Chius to procure gold for its foreign advantage has been to impurtors, not
120t sy it standing the increased supply of imports. Is the axotuut to payable is about £8,950.000 a I think it well to go more fully into the abject, pat itia terms of Iver, importers would for 11 10000 have obtained in 1905 bills far as the average exchange of 15 this was €1,500, while in 1904 the oattaru would have xelange of 1945 to H. Tis 42090 0.
equivalent in BK. Ta. 48,000,004, and at tlag heen only £1,425, with which to
par their invoices; and export, r's galling bills for would in 1905 obtain T-6866, and in 1941 Tis: 700, with which to bay produce. The $94539xport was on better terms in 1901 and
importer in 1995.
To pay a Bitidsad for the ten mouths at the rate of 12 per notit, per ann day, $100 per share ou 30original fully paid
$39,000,90 cents per stare on
shar
Say,
ke new issue shares on which the final call best fwn paid
... 19.29,80 Say 50 cents per share on
Des part paid shares
154.99
To write off plan! nocount for
depreciation
To write off pr poriy account for
duiraniation To carry forward to next account.
...
||
42.298.18
SOLE AGENTS:
PILSENER BEER.
H. PRICE & CO..
12, QUEEN'S ROAD CENTRAL
TELEPHONE No. 133.
merchent has borrowed from the native bales to be transported inland and søkt. The native (
the money with which to pay the fomigu sold the money received for them is paid to the imperfer, and when these foreign goods ar
Lo the cases of foreign nods also, a rise in utivo banks' Cranes or agents in the interior.
the rate of interest forces the holder to soll, in order that he may repoy his ban; and a risc in exchaugs leads him to sell, either because he be is competing with others who bought their can replace the goods more cheaply or because
at Shanghas the toriga banks owed money to stocks more cheaply at the high exchange. If the native banks, or if there were abundance: the rate of exchange would be such that the of silver in both foreign and nativo barks,, silver would raniu island and the proceeds the Shanghai tie banks are abort of money wenid be remitted to Shanghai by draft; but if then the expense of remitting hard silver must! be incurred, and the sifvor will be sent to Shang- debt to the foreign banks; and in this way lai to enable the native banks to liquidate their
reported that, during the latter half of the year, From Chungking, to cite one example, it is
pay for their goods imported, and were driven merchants were quito utable to obtain drafts to
to incur the risk sud espouses of shipping ballion down river through ih rapids, and that this imposed a sorious restriction on trade
accord himself and the minority of which he is amps, Fans and Alotors conseted to the price of lar silver, in other words, the importer principal conneraial eratre of China, where the banking trauractions of the year aro olosed.
the titular lender that measure of fairplay which is the due of the constituencies thny rapresent not to mention the large minerity in the olen
torats unreprosented in the chief legislative chamber a tino, let us hope, the Houss will And itself. In time, by the power of that cola- mon sense that is the saving grace of us. As a
|
At the close of the year, thon, the whole of
Company's Supply Service on the 1st April was equivalent to upwards of 34,500! Tam pa of
candle power.
85 Arc Laups are maintained Company and 20 Electric Lifts are being rated by the Power Servics. The me Chimney was completed and brought int socvics at the beginning of September, vbilst shed has been estraded at the Works to proxid further accommodation for storage of inaferial. The work of laying Underground have done so will they justify Mr. Balfour's † Feeder and Distribution (ables from the Com- 70,064,000; the result of this increase would wake, au got ing that silver back into circula. | weather foreign gooi inquortail ar madive grands.
pany's Station thronghout the centre of the iuution in the of gild and, with tion through all the provinces of China,
nation, the members should awiken to the realisation of the dignity of the lease and the nly when they
respect dine by man to man.
opinion of "its generał good mantives".
WORKMAN'S PHILIPPINE
nu
paserve of uncoined bullion to the amount of
the payments due for leens and inderuition have been paid to the foreigu lauks in thei payment for loans and indemities zre in ao -ness of ordinary banking busigns, and the way distinguished from payments for goods, exported. if the quality of native goods exported is tatuced-us; for example, by a failure of the adk crop, or a sun-iler expert of
be
the people in copper cash with this they buy This Tooney required is first in the pockets of
dealer, who must the convert this copper into goats, both focign and native, from Um retail silver to pay for their purchases itoca the wholesale merchants. These last must pay on Exchange can therofare not have been mainly their goals, sirer for Customs duties, copper affected by the trade editions in Chius, fer general and salt lakiu, and silver or copper 632997 though it is to be noted that the rate for bill for aber texes, and in this way the necessary 2,496844 as shown by the accompanying diagram, has no funds coms into the official reasuries; but what always is as high as the rate for alvor, this rougived at the treasuries in copper must be $100,7-44,69 +xchange rate boing in the last throw moallonverted into silver.
of the year full penny, and sotuoting susarly The Manager reports that the number of ed., blow the parity of exchange based on the all the being trea-aries to Shanghai, the Remittances are male, usually by draft, from
mennt lists if he could takes the silvor Shanghai Totai, who acts as Boancial agent buying bills has lost from to a par cunt. of the money has to be paid to the banks by the obtained for his gonds and transport it, without cost, risk, or loss of time, to the place where he the Tartai sends to the foreign kauka cheques for the Chiuse government. On the duo dute hos to turn it into gold.
for the amount in silver which is due to each, Of external conses of the rise in the value of This finishes the part the performed by the silver. two may be mentioned. The world's Chinese government. The rest is to be done utput of gold is increasing; in the 40 years by bankers and merchants, and is in two parts: 1851- the annual average output silable (1) changing the silver paid by c-que in for coinage and the arts was under 2 Slaught for bills of gold exchange while in 1905 the mines of the Transvaal alon pay the loans and indemnities; (3) finding the *required to reported an output of £102,074, marking silver required by the Chinese banks to pay probable world's total for the year of or the cheques sent by the Tantai to the foreign be to lower the exchange
demand for silver, t City was commenced in aber lust. At the appreciate relatively le volas of
For the silver brusitions the cheques which I hear that Mr. John Foreman has complet present date the main cables have all best fait demand for the white matal has at ten the foreign banks have received from the
at the sam- Sanghai Potai are presented to the native n or other good then the silver required to ed the revision of his authoritative work on to and it is expected that the new distribution time becreased; the mints of India bare been hanks, and silver would be denunced if the buging, it having been decided to establish any foreign banks bad a deficiency of silver and
sent to the interior is less and thus bills Philippine Islands and prepared it for the third system will be brought into use in about two
offered for sale against oxperts are less, andibe dition, which will be issued by Meara, Kelly monks' time, when the various service cables, 50001 rupes, in addition to bus trinquired to replenish tack steek; but in general foreign banks bayo au nians of using the Nos matter has been which are now bong laid, have been connected roserve and the requirements for the new are finally satt od or ly at the end of the Chinese silver as they cannot ese, except under cun- th. Chinese practice is fallowed, and accounts silver in their vaults and must export as much and Walsh. Limited, adelou
coins ge (the peso) of the Philippines bave celld to bring the book up to date and some Directors,~In accordance with the Articles for omo silver supplies and it is inted that toralis of the Tastai is transferred to the whan so much of importers' bills was covered year. On prestation of the cheque the deposit ditions such prevailed during the past year, fresh illustrations insorted His labours over, of Asociation, Hon. Sir C. P. Chater, Kt, and Japan and Russia, together, have bought scrudit of thus forstu bank and becomes a debt by credits based on var romittances. If, on
50 million ounces for transmission to the seat me by the native bank to the foreign bani, Mr. Foremen has gone all to Italy to recruit. Bon. Mr. C. W. Dickson retire, but, being of war Concurrently, the Mexican mist bas For this debt interest has to be paid, and the for export in large quantities, then the the other hand, thera aro native gends eligibka, offer themes-lves for re-election.
taken advantage of high exchange prices in amount of interest will depend on the proportion farsign banks will end their silver to native Anditore Thus Accounts have boon audited, dispose of the larger portion of its surplus stock tween all debts due to all banks and the actual lanks. to be lent to native merchants 16 by Messra. C. W. May and W. Uutton Petts of Mexican dollars,
silver available in the market and at the disposal is to the interior to hay natiru produer, (the latter in place of Hon. Mr. G. Sto wart, who
Coming to the extreme East, we find one of ten debtor banks, and on the time still to is absent from the Culous). These gentlemen and thereby to enhance the value of alvar the native banks must pay to the foreign hom the interior.
will buy bills from foreign merebants, who cause truding to keep up the rate of exchange rua to settling day. This is the interest which have to pay for native producó bronght down¦ offer themselves for re-olectiba.
munds of the boiligerents in Menchuria. Funde
bankm Now the native banks, if they must for use in the North have been provided by both
The periodic payment of Irans and indeo- ities the effect of making the foreign the combataut powers in two ways, by drafts per out, de 6 par coat, for money which on Shargbai (and secondarily on Ti nisis) and they owe, must reculy per cent, or 12 to 15 tanks plak enstitors receiving silver from by the use of Russian roable notes and dapiness when profit they must shut their doors. They direct effect of causing a flow of silver at af per cut, for the money which is dan to them : the ive banks, but it dass not have the war totes for silver dollars. To dratts coming in have covered merchandise indirectly; in Shengai, to which pine the Taotais remit by the movement of goods: when exports of are always lending to Chinese merchants, ot the country. The movent of silver is Feetod they
have provided at Shanghai a credit and tances have me, and land, when the trea- quods are abundant silver will remain the on the drawing country, which has served to suries remit ans sere sent: and with this mantry, and when they diminish in quantity or provide drafts for remitting the prcends of com,10m China's imports, and to sunt a stent de tie weichunts buy Chiness and foreign value silver will flow out. In other words,
the quantity of importera bille, which must be
prudico.
Cousi during first the Chinese produce, covered by exporters bills and while the draftinus chants expect 1921 had the mediate effect of draining the market hate Lought, and to compel them to sell other
make a pr. fit on what they of silver, it was for use within the national and wise than in the ordinary comys of trade one $7143.90 m-rcial limits of China, and the silver has of two things must appoither the fuctna- Straated or will stream back to the mentions in exchange referred to bore will bring market, as soon as it has served its purpose an increase in the silver mine of their gods us the ways are opened. The ronble notes have which widieducetim to sell by increasing the operated in the same way as drafts, dinovated on the spot, collected a prof; or as increase in the interest demanded
le by tan banks will incress the cost of holding agents, and refurbed promptly to Russia, the goods, so that they will then to forced to mainly through Shanghal, but after the springs with a small profit, or even with no profit MR. BIRRELL AND THE CHINESE.
The mardi auts in the interior, Baving
MILITARY JOCKETS,
At the anus point-to-point races of the Monsted Infantry the other day, there figured ƒtwo offizers well-known in Chins, namely, Major Sir H. W. McMahon and Captain Walwyn, of the Regal Welsh Fusiliers, Rigling his own horse, Captain Walwyn got senil piace for tho Light Weight's Cry and he was also placed sooond in the Heavy Weights, riðng one of j Major McMahon's ropresentatives, If my mouery does not play me false, there was a Welsh Fusiliers' incitent at a race mosting in Hongkong a few your ego. Did not the Fusiliers withdraw all their horses, without the lightest consideration for their backers, as tho result of a decision by the Stewards
THE JAPANRBH QUISTS,
11
catal :-
A. G. Wood.
Chairman.
STATEMENT OF ACCOUNTS To February, 29th, 10.
LIANILITIES.
2
$
4 such. $10 præfidigs on,ÖJO Less call unpaid con 198 shans
........
Sandy creditors
Divinas nela med Suspenseancom!
·Bukines of profit an Iless accoRILŻ
1.510,00
f
WEBLIS 1.7-7.09
Art. 16.
3
S
Plant, vert of, as por last wevonut 377.09,76 Les donut provided for depre-
RULUR......
62.48.76
2015.000 6
Cost of plant, tiara a Mod
Property, unst of dari ten kälte ingus per fast neaut Cost of buldings sizee added...
1
77.84,18
$82,-46.57
8,0
I wan in the vicinity of Trafalgar Sqnure the other day us Togo's herons passed the National Gallery on their way to the Coliseum. Sekiem have the satiated dwellers in this huge city svete a more enthusinstin display of goodwill. I saw most of the street demonstrtions during the xrveni visit of the French dugi to England lo coment the entente cordiade, and I can say, without any desire to eat up odious comparisons, that the populace of London, nanally reserved. and giving rent to its feelings in a somewlet shamefaced way, let themselves go on this ocet, gion 8 they never did before, and showed the
$77474 75.94 representatives of Japan that they uot only admired from for their bravery but wolemned
Fustrare value of anxxpired portions of them well-tried allien. I do not know what Sundry debtors.
policies reception they revejcod in other parts of ths | Cach with agents town, as they went by voverence the departel Hong Shanghuni Barking Co-
heroes of Great Britain in St. Paul's Cathedral
er within the age-s uined walls of Westminstre Abbey; bat al ug point on the rents could they have had a hartier weesne. Ther portico of the National Gallery was
Installation material, stock <d Storesand coll, stock al ...... Tools, A., strek of
Farulou, cast of, as per inut
Bueramt Cost of furniture since added
DR......
WORKING ACCOUNT.
To agney nud once expenses.. filed to yout and taxes
Tince... To interest
In uulitors' tora
es
100.00
$79,195,91
-----
$ 5,000.00
*T
קוד
الله
the debts of Country are paid in foot, and kiver is asel only whon goods are not exported in sufesent quantities. An ineroasa in exports sporting country, and also iuerensus the supply mukos the rates of axchange favouraba to tho
ul silver, in that the money market is easy, The conchrion, therefore, is that every effort
[35
GRATEFUL MOTHERS
GIVE THANKS
Marvellous Cure of Two Babies Suf- fering for Months from Sore Eyes Doctors, Hospitals, and Many Treat- ments Were of No Avail,
SPEEDY CURE IN EACH.
CASE BY CUTICURA
"I feel it my duty to tell you of two most wonderful cures of sore eyes by Cuticura Ointment. My little son had an attack of measles which left bis eyes in a shocking state. The lids were in- famed and sore, and every lash fell out. They would be stuck in the and bleel when washed, causing
Untold suffering to the child. I tried everything recommanded, but nothing did any good. Then I got Cuticura, and from the first application I have had cause to be thank- ful, Before I had used one box of Cuti- curn the lashes abowed signs of growing, and at the cad of a few months they were
as healthy as ever, I recommended Cuti- cura to airs. Phillips for her child who also had sore eyes, and the little one was cured with less than one box. (signed) Mrs. C. Toli, Old South Head Road, Waverly, Sydney, N. S. W. Reference, Messrs. R. Towns & Co., Sydney.
BABY PHILLIPS
Cured by One Box of Cuticura After All Else Had Failed *When my little girl was a few months old her eyes became very ante. I took her to the --- Hospital, and subse quently the Children's Hospital at for twelve months, but her eyes seemed to be growing worse.
One
e factor told me they might be bad for years. I was one day stopped on the street by a Mrs. Todd who told me that Calicara Cintment had cured her hoy. I com- menced ming it that very night. The cure has been marvellous. The eyes soon commenced to get strong, and before I Bad
used one box of Cuticura they were as healthy as if there had never been anything the matter with them. (signed) Mrs. F. Phillips, Grafton Street, Waverly, Sydney, N. S.W."
Cullera Soap Olulment, and 150's are sold throughout the world. Depots Landon, 27 Charterhouse Negi Parle, 5 Rue de In Palm; Australia, H. Tien
Cozin
Carp Haigh, C.. 5. A. Nosey. Fuller Thug & Mailid Tre, "How to djure Baby Humoute"
courage the export trade, TPA WRITINGargas oderate,
share only in that way can the solvency of the country by mai tainel
The Imperial Chinese Commissioners, with Prince Tsdi Tse at their Lesl, attracted much attention in Whitehall, when they apporred at Privy Council Office, attended by a numerous site, all dress d in native costume. to wait upon Mr. Microll the Minister of Education, with a sw of chaining information coneraing Bazll educational methods.
56-15
TYPEWRITERS CLEANED, REPAIRED, OVERHAULED TYPEWRITING. WORK UNDER.
F. A. V. RIBEIRO (late of the Hongkong Typewriting Bures) 34, Queen's Road Central (Second Floor).
Hongkong, 25th October, 1905, [19
THE
PURE FRESH WATER.
THE HONGKONG STEAM WATER
BOAT CO., LD., is prepared to supply ANY QUANTITY of PURE FRESH WATER to the Shipping, both for Dook and Boilare,
Call Flag W
J. W. KEW, Manager, Hotel Mansion, 3rd Floor, Hongkong, 8th August, 1905.
JUST PUBLISHED.
OF
A
SOCIAL AND
CHILDREN
FAR CATHAY. POLITICAL NOVEL OF ABSORBING INTEREST, By CHAN. J. HALCOMBE
of 1905 through Harbin sy well; they tell. thus serred to swell the credit, fund available for
prariding importers bills, and have so bought goods with the silver which they have lessened the demand for exporters' bila they borowed from the native banks, will either 13,818.61 have enabled China to substitute Mancheria them olves bring the goods to Shanghai or au
Lots large Treaty port, or w.Il se to another 10122, labour for Kiangsu silk as an expert to meet merchant who brings them to the Frosty port.
the deus of her ananal abilities, Japanese war gotes, being for silver dolors, could not be after arrival at the port they hold the goods to used in the sure way to press at immediate uke s protit. If exchange alters ju ach a way that the foroiga merebaal can offer a large 84.70 demand on the issning natious of them, it is price, as shown before, then the owner will set
Mr. Birrell rec-ived them, and briefly explain "roughly estimated that 75 million dollars Siss, of which about a sich were redeemale If the money market is tight and the system is based. The right hon. gentleman wis because of the profit which i willed the principles upon which our educational goods 16,979 69 or the spot, and a sixth we returned to Jagal foreign banks must, charge a big rate of however, dun at the House of Cousons, and land
and ther voluntarily reshened at the rate of re 10901.30 0.90 yea for the dollar, leaving about 53 million interest, and must therefore demond a high to leave before the interviuw was over.
delias still in cireniation in Manchuri Tale of interest, the native banks, if they Mr. Moront, Secretary to the Board of Educa
further the extent of the 10 lion sen ride med inr unable to pay off the bebi, úast ten pay fis, acting on his chief's behalf, gave
details the commissioners, and invited them Japan, these notes added to the bineradi ter interest, and past therefo o de-
to ask any questions that occurred to them. fond, while the 12 million dollars red-end a higher in erest from the metice nr.
Spreking through interpretar, the com- 2013: locally added so much to the cash serve of tests, until first one, then another, then mor
missioners displayed a good deal of intellig at 217450 China, imported through channels not coatare forced to seal because they can.ot ob au 18.79 buting to the platistics of the treasure tabla of the loans or cannot pay the higher frarest in education matters, and asked a xmber of very pertinent questions. Cupious When they ve sald, eith The amount of all these nditions to the financiare of interest
obtain parat either by order on bative stafi When the commis-joones Jeff, a
wines their departure. Mr. Richmond, forbiga buuks. Meaning the foreign our- Japanes WAT potes. 5 million dollars, since they constitute an stund liability of the chauls who bought those goods have been sell Morant's socretary, panducted them to their car.TUE VOLUME which consists of 461 Pago, and inolades a Sketch Plan of foreign gouds, with the
rieges, and promized that the department would proc eds from 113,871 Japanese forernment and must be melsteines which they create a credit at the foreign banks, give them every facility for continuing and historical intorsst showing the disposition f
in circulation without crdue depreciation; the aud against is crelit
the Forces at the bottle of Kweilio, in dedinstod draw their cheques. comploting their researches,
to Sir ROBERT HART, G.C.M.G., and Dr. A. $112,827.46 Ruzian expenditure provided in the same way to chaos thus receivul by the sellers of
cannot be put at a smaller amount; and I ate
RENNIE. inclined to put the funds provided by han native goods are flon paid to the native banks
its the loaus, Lo repay drafts at fully 50 million and probably 75 million take to redus their indebt less to the arg used by the native and dollars. This gives a possiblo total of 225
The C.P.R, str. Empress of China loft Vaz-sad Superstitions, combined with the insight it foreigu bauks. When the supply of sutive cover on Monday, the 30th April. p.m., for giros inte political conditions in China makes miliondollars, or Hk. Tis. 150,000,000 provided
CHILDREN OF FAR CATHAT' sa excellent by the belligerant Powers to cover invisible Eos Bold for export to foreign countries is Hongkong ria the usual peris of call.
nficient, the entire indebtedness of the native The A. L. str. Filippo Artelli loft Shanghai volim for presentation to friends at Home. exports parveyed for their use; for it must be banks to the foreign banks can be paid off in on the 2nd inst., a.m.. and is due here on or
Well bound in Yellow Cloth with Chinese remembered that supplies provided from the this way; but as this is not now the cass, silver about the 5th inst, ..
Emblem in Geld. 2,151,12 area of military operations or its vicinity are,
The E. & A. str. Eastern, from Sydney, &c, an expert of the county on which that area must be obtained from elsewhere to close
left Manila on the 2nd inet., sad is dus here at 101,613.57 depends. Sapplies procured from the country. novomats at the end of the year. 3100,211.6 such as the provisions to feed the armies, the contributed their share to stealy the money
While native goods for export have thus nece on Friday.
The A. L, str. Gehwor left Singapore for clothing to cover them, the tran port to more. them, the labour to house or shelter them or to asrket, foreign goods have been bought by this port on the 2nd inst, and is expected here
nativa merchants at Shanghai and elsewhere on or about the 8th iust.
2400
by a chooring crowd, pople clung to the siling and porelei perilously on the parapet opposite, while the steps of St. Mutiu's-in-out carried tuprofit less count 191, 91.57 cel, Accepting the estimats given at ove is more probably by alaque on the considerable crowd assembled in with, Mr.
resources of the Empire anced be exactly obtain tie prt or bessus they are forced toey sets were made by smo of the secretarial (Formerly of the Imperial Chinese Customs
·Ele-kich) showed a shimmering cloud of snow.
white laudkerchiefs above the scabre-pacbel crowd. Hoaded by a band, the Japanese visitore
Cr.
passed in a sucession of brakes and drags. By nd profil on working kway shower of sleety snow could not chili Jay By sarip and transfer fens enthusiasm displayed on both sides.
Thore
71.87
$13/27.46
S
€1.
3 R
could be no mistaking the satisfaction on the part of our Eastern guests. Good humour shout out of each morry f:08. To the tumultuous cheers of the throng, the Japannee responded with a very good imitation of the English cheer. Here and there su under By mount of undivided profit, es por last
wcount officer led an organised cheer with "ip, ip. By dance of working accout brought .~oorsb," and some of the men responded to the
dpamrim 4*g- བུ་ མ་ མ
PROFIT AND LOSS ACCOUNT. Dr. To amount available for appaopiation ... 133,241.69
$103,244,69
obeoting with a fall-throated "Bauzoi", EVED the staid Legation ofBuiels, silk-hatted and
Cr.
■
3
WH
take the may
tiro
amount
LATEST STEAMER MOVEMENTS.
Service, Author of "The Mystic
Flowery, Lau,” etc.).
2
description of Chinese Social Customs
PRICE
$3.50,
LTD., Messrs. W. BEEWEE & Co., or from the To be obtained from Messrs. KELLY & WALSH, Printers and Publishers, the HONGKONG DAILY PRESA" Office.
Hongkong. 3rd April, 1906.
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