1906-08-14 — Page 2

INTIMATION

THE HONGKONG DAILY PRESS TUESDAY, AUGUST 14TH, 1905.

-the academic economist and the forensic lawyer; and he regretted to have 10 admit that he combined both characters in his unhappy person." We cannot all be practical experts in finance, and

A. S. WATSON & CO..t in such matters in which we

all more

are

incross their private TELEGRAMS.

countries.

("DAILY FARS" RECLUSIVE SERVICE.]

REVOLUTION IN RUSSIA..

selves and simply fortunes; many of them were stewards and administrators of the funds of great institutions for myriads of shareholders. They had, no doubt, the sense of the great responsibilities which rested upon them. Lot it not be thought that the City was composed simply of of rich and grasping at fortunes which

mex, who were endeavour

вектор ing to accumulate those vast

of other co or less interested we cannot gured in the annals

Thuy wore at their posts in order to promote the always main dumb. The academic

prosperity of trade and finance in du country

LONDON, August 13th. their wisdom as they were wise, economist", therefore, is allowed to say his at birge. By

by their prudence as they were prodent, by their

The situation in Russia is still men willingly listen, capacity as they had that expasity, they would y, and business although they very properly do their own help to mould to a great extant the course of thinking. The academic economist often business in the country at largo, and to main-fraught with danger. The authorities 1ain by sound, orthodox, and unfantastic remarks that trade and finance are not measures that great structure of British trade in Poland are powerless. WINE AND SPIRIT MERCHANTS. Siamese twins, that the bealth of one needed finance to the prosperity of which he not

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ALEXANDRA BUILDINGB.

|not depend upon the condition of the other. Lord Goscues denounced any theory which would dissociate the prosperity of finance from the prosperity of trade. We must admit that there is undoubtedly a com- munity of interest; finance is certainly no

parasite on trade; if we were seeking a familiar illustration of their relationship, as it presents itself in modera times, we should say that fiunúce played jackal to the Aion of traste. It has made itself very use. fal indeed, though not, the academic ecozo. miat would say, indispensable, and it deserves its reward. But Lord Gosenes, who must be familiar with the basic siderations of the theorists, is too much concerned with existing practice to dwell on the possibility of politics diving y deep as

the theorist.

catuban

"They could not forget," he unid, "that every bill which was hold by the National Discount Company, every liability which had been undertaken by one great tanks, every transaction which was being carried on in the vast structure of British trade and was dependent upon payment in gold. be there was a certain light-heartedness, men night forget that all that they held, all the resures ou which they depended, really de- ponded upon the amount of gold which might ultimately to available for payment; and manctions. They might say that in time of crisis the printing press might be set to work to produce a certain number of notes in onlar to provide improvident and speculative traders with a means of extricating them- solves from the perils which they most righteously bad deserved. But in regard to foreiga countries the position that every English liability had to

be paid in gold was a teendogs Hability and on which the nation mast face

thin was true, bure all, of international

the

asked them to drink."

The French Chamber on July 10th finally adopted by 575 votes to 1 the low providing for A weakly day of rest.

Last week was a healthy week for the Colony. Smallpox had entirely disappeared; and there were only two cases of plagas. The plague totals are new 57 cases and 931 donths. It is stated that is recognition of the re-instatement of Captain Dryfus in the Army, Baron Rothschild proposes to offer to the Frouch Government an ironclad of the Dreadnought typu.

We understand legal proceedings will not be taken against the engineer of the steam launch

Hung On, he haring agreed to compensate Sergeant Gerrard and the Chinese passagers who wore scalded by the accident.

A CONSTITUTION FOR PERSIA.

Losnos, August 13th.

SUPREME COURT.

Monday, August 13th.

IN SUBMARK JURISDICTION.

DEFORT MR. A. G. Wise (PUISNE JUDGE).

MACAO.

(PROM OVR CORRESPONDENT.}

T+

August 13th. TAS "TAI-LONG DANK, I hear that the depositors are to ressive only THE USUAL EXPEDIENT.

tou por cont, of their money in this liquidation, The Leung Shun firm brought an action although some creditors aro paid in full. I against the Fook Chim Lang fem to recover | believe there is property in Chine, which the a small debt due for vegetables supplied. Mr. creditors cannot tough. Our Gororument Morrell, from the Crown Solicitor's office, who should have an arrangement with the Chinose appeared for plaintiff, said that defendants

had a stall in the worket, but as the business

did not do well they hit upon this expedient: of retiring to the country..

His Hopour-A man who has a little money stays in the country, and a man who hasn't goes to the country.

Judgment was given for plaintiff.

Government to most such cases.

▲ BEISMOGRAPH,

Owing to the earthquakes which so alarmed the inhabitants of Macao last year, the Govern ment has just nejuired a seismograph. The instrument, which was ordered from Japan, arrived hero in aavea caser by the Heungskan a few daya ago. I understand that it will be placed in the Panha Observatory and will be controlled by the Harbour Master,

THE MOUNTED POLICE,

Baron Cadoro, who went over to your Colony

ANOTHER PROMISSORY NUTE ACTION. Buda Singh, watchman, in the Sugar Refinery, sued a fitter employed in the sanie A national council has been grantedd defendant had paid two months' interest, last week, returnal to Macno last Saturday by

place for 80 due on a promissory note, Plaintiff

Defendant debied all knowledge of the plaintiff the Heungshan with another batch of China Persia.

or of the promissory note, and the case was ponies and Australian borsss for (h's loantes adjourned.

Police of this city.

CHINESE FOR PANAMA,

LONDON, August 13th.

It has been decided to employ

2,500 Chinese on the Panama Canal by way of experiment.

Į REUTER') SEEVIUR. }

At Portsmouth on July 19th thirty obsolete warships ware sold for just over £800, or loss than the cost of the smallest of them. Two well-known training ships, the Formidable at THE NATIVE TROUBLE IN SOUTH Bristol, and the Caledowie at Queensferry, worg also sold, and fetched £4,7m and £4,400 respectively.

Mr. Howard Thurstan las forwarded:825 to the Captain Superintendent of Police, and asked that it be included in the amount raised to defray the cost of erecting a tombstone over the grave of the late Constable Williams, who tragic death at the City Hall on the night of May 12th, during one of Thurston's por- formances, we previously recorded.

Th following telegram from members of the British House of Commons was forwarded to the Russian Duma:-Three hundred and twenty-six members of the oldest. Parliament in

and aught to know that it existed. It was a the world saiute the members of the young, truism that this country, with its

ils tremendons

the Russian Parliament, and hope to meet ila trade, with its overpow-ring trade, with its liabilities to foreign countries, was the one representativa at the forthcoming confer

which held

smilestones at the Palace of Westminster." A. S. WATSON & CO.. reat country

This was the country reserve in gold

If money

Disaster has fallen от on which they all guld pull.

the Government was wanted in the United States, if gold was Kheddals in the Katha district, says the wanted elsewhere, where did they go to 1 They did not go to Berlin, where they had an Rangoon Guzette, practically all the elephants enormens suck of gold, and he really could not having been swept away by an outbreak of Ignite understand how the baskers of Ber iz authrax, Of the three hundred elephants at managed to evacie the payment in gold of all the Kholdshs, most of them highly-trained the bile that re upon Berlin, but there were difficulties which were placed in the way. He animals, over two hundred and forty died within believed if any English banker were to remit, a few days of the outbreak of the disens, the say, two millions of hills upon Barlin to a Berlin direct less thas caused faing about eight lukba

for banker and tell him to ship him back gold tanas bills the Berlin banker would decline the of rupees. The remaining elephants have now been dispersed throughout Katha and it is hoped cammision. He would say it was not convenient, and pressure would be put upon the banks, apres--the outbreak is at an end. Last year in the ware which his right hon. friend the Chanceller same district a large number of elephants of the Exchequer could never exercise, that they | perished from the same disease. It looks as if should no exhaust the Reinsbank. Here w were with spermons Habilities and with a smaller the operations should be transferred, at least stock of gold than any other country bold. He for a time, to another part of the country. was inclined to believe that they were unapitous

Hongkong, 11th August, 1906.

(30

NOTICE TO CORRESPONDENTS. ORLTcommunications relating to the news column hould be addressed to Tus Emrou.

Correspondents must forward their names and aḍ- dresses with communications addressed to the Editor, not publication diel as evidence of good faith,

All letters for publication should a writem on one side of the paper only.

No anonymously signed o

Bomurications that have

· already appeared in other papers will be inserted,

Onders for extra couses of Dan Pes should be sent before 11 an, on day of publication. After that hur the supply is limited. Unly supplied for Cash. Telegraphic Address: Puzas. Code: A.B.A. In so

Liebert 10. Bae, 80. Telephons No. 12

ECFOKONG OFFICE: JOA, DE8 Væri Roan C LONDON OFFICK: 131, FLEET STREET, E.C

The Daily Press.

1975

to its decisînu. Fresh

that that was not a satisfactory situation. Reuter's Coustantinople correspondent tale- Thero wore those who said there was no risk,grapbed that when the Porte was apprised of the that had gone on very comfortably with intention of the United States Government to the gold reserro es it stood, and why should wa disturb it? We had gone ou very comfortably, raise the American Legation thers to the rank indeed, since the

year; but there had beru of Embassy, the Ottoman Minister at Washing times when that comfort had been rudely to was instructed to ass his influence with a derbed by crises and catastrophes; and let it view to inducing the Washington Government not be thought, though at present a great to abandoa the idos. Caskib Bay replied that current of trade and finance was going on on a sound basis, that those times might not recur." the United States Government was firmly Business men also accept things as they are.resolve to udbers Academically, they are quite willing to instructions have, therefore, now been gent by the Porte to the Ottoman Minister to admit that intrinsically the gold reserves inform the United States Secretary of Siste THE "dismal science" of Roance in sup- so more represent the walth or resources that the raising of the Constantinople Legation posed to have no more apt or experienced of a country than its bille and lankastes to in Embassy requires a pravions under exponent than Lord Gosetes, and a good do, and that various expedients could be standing between the Governments of the two deal of interest attaches therefore to any devised in a crisis to avert any panic countries, which does not exist in the present pronouncement he may make on questions incidental to oar artificial system of barter. with a financial hearing. On July 11th, at Something, for instance, on

Lord GOSCBES the fiftieth Anniversary of the foundation that

HONGFORD, Avousr 14ru, 1906.

of the National Discount Co., Ltd., he exist

which include the GOVERNOR of the Baukoad

the lines

to suggeste

in Germany. Bul ax

we

раза.

AFRICA.

LONDON, August 11-h.. A Durban Ethiopian preacher has been sentenced to six

months' imprisonment and twenty-five lashes for offering seditions prayers in a ustivo-kran?, -

THE PANAMA CANAL.

LONDON, August 11th. Chinese fabour will be given a through ext in the construction of the Panana

Canal; to replace labourers from Jamaica

for whom the work is too hard. Contracts of 2 500 coolies are already prepared.

ANOTHER WEST RIVER PIRACY.

Another of the numerous piracies committed on native craft on the West River took place

on Friday, when a steam launch, said to have

once

been flying the British dag, was attacked at "Tang Chiok. As in the case of the Sainam the pirates embarked in the guise of passengers, but when challenged by the military guard on board, they at produced revolvers. The six robbers who. embarked- at- Tang Chick were joined by thres others who hail boarded the vessel at Wuchow: They fired on the soldiers, one of whom was killed aul fell overboard, white four were injured Then the pirates took charge of the launch and ran ber' down stream to a spot where other men came on board with rifles. Afterwards they pro.

POLICE COURT.

Monday, August 13th.

BEFORE MR. H. H. J. GoMPERTZ (FIRST POLICE Magistrate).

ATRESPASSER.

A coolie who was found in the kiteben of a bones at Tsimchutsoi early on Sunday morning was charged with being there with intent to commit a felony.

He was found guilty and sentenced to be imprisoned for six weeks with hard labour and six hours' stocks.

TRESPASSERS at HeadquarTERS. M. Labermante, a scoman on than Italian | cruiser Calabris, was charged with behaving in a disorderly manner at Headquarters House, and with assaulting Bhula Singh, an orderly to the General.

The evidence showed that defendant and three comrades entered the grounds of Hend. quarters House and helped themselves to flowers

out of the garden. The orderly told the men to refrain from destroying plants, and to leave the grounds. Defendant refused, and picking up a stone throw it at the orderly, striking him on the lip, which was cut open.

Dofendant told his Worship a number of Indians beat him with sticks, and threw stone at Lim.

A fiue of $25 was imposed.

A HIRD FANCIER.

A foaler in poultry proceeded againet Tam Chan for the larceny of a dnck,

Complainant said he shipped 70 ducks at Macao, which bo intended to land at Hengkong On the way down several of his birds were stolen, and when the steamer was made fast to the wharf here a detective arrested the defendant as he was going ashore with a duck.

Com-

plainaat recognised the bird as is, and defendant was arrested.

Tam told his Worship that a passenger asked him to carry the duck wshore, but the magistrate did not believe the story, so committed the defendant to gaol, for six weeks, and ordered that he be publicly exposed in the stoess for six

hours.

QUARRELSOME WOMEN.

Wong Ho, an old Chinese woman, War chargal with assaulting saother woman with intent to cause grievous bodily harm.

From the evidence iteppeared that the defon. daut was of a quarrelsome disposition, and when

coeded below Wacbow and landed their booty and opportunity offered took advantage of it to made off, the crew then taking the faunch back to Wuchow, where the matter was reported.

quarrel with her neighbours in Shing Woug Etrest. Sbe accused complainant of saying a sonstable was her lover. Wordy strife followed, and eventually the defendant is alleged to have drawn a knife and eat the complainant auro

the head.

After hearing what the defendaut had to say›

JAPAN'S FOREIGN TRADE.

The figures for Japan's foreign trade during the first six months of the current year show a total of 399,729,279 you, against 49,280,84 yon daring the corresponding period of 1995, a | his Worship sant her to gsol for 21 days. reduction of 10,510,535 yen.

BEFORE MR. F. A. HAZELand (Second POLICE MAGISTRATE),

The igual falling off is in imports. These aggregated 288,462,861 yen in 1995 and only 223,048,061 yea in the current year, a diminu tion of 63,413,300 yen. On the other band.

yen in 1905 exports increased from 142,767,953 to176,070.718 yen in 1908, being a development of 33,992,765

Jab.

Donbtlass this result, will be welcomed by Router's New York correspondent says: A

Japanese economist since the unfavourable telegram from Fresno City (California) states

balance of trad, which was 143,694,009 yer in that a bighwayman robbed five Yosemite Valley the first six months of 195, fall during the stage coaches in sncussion near Ahwahnee onderresponding period of the current year to announced to a listinguished company, have the system, and a very useful July 7. He wore a black mask, and had sacks 46,378.843 yea. It is probable that the three months of July, August and September will wo convenient system, so far, however tid about his feet to prevent the leaving of heavy importations in anticipation of the new they cannot telltale tracks. In his right hand he held a statutory tariff's operation, Lut on the whole of England, the CHANCELLOR of the complicated it may be,

the

excess imports will probably not be greater waste time on academies. A diminished rifle, with which he covered the provengers. Exchequer, some Treasury oficials, and

As each coach came round a curve in the road than it was in 1901. many bankers and big city men, that the gold reserve agitates: finans then how he ordered the driver to stop, and then made period ander review were 19797.75 yen against The customs duties collected during the gold reserves of the country were too small. f about augmenting it? asks Lord GoscHEN,

But B increased gold submit to be searched. In one case he com- 1947256 pen in 19.5, and 9,82,469 veu in

the passengers alight, stand in line, and If Trade and Finance", whose prosperity and they cheer.

missed?

AT GROU SHON

A native charged with selling sanhin at Moon Street, Wanchai, without a licence was fined $204, the alternative being three months imprisonment.

UNLAWFUL EMPORTATION OF DRUM. Tam Kai and another wars charged with

SIE MATTHEW NATHAN'S VINET.

I hope your Governor was entitled with tho reception accordedto-him by the Government and the people on his recent visit to Masno, as every arrangement for his reception was imprompta. His Excellency could not have been much impressed with the stats of our harbour, AK although he came over in a smali Government tender, the vessel got stuck in the mud for rome time, and Senber Monteuogro had to and a boat soms miles out to inform Sir Marthew that he was a welcome visitor. When will the Government and the people of Macao become loss igaovíviously unapproachahio P

PLUCKY CHINESE REWARDED.

A DYING SUPERSTITION.

The Belilios. Trustees hare manguisod the gallantry of five Ckinoso employed at Ab King's slipway, who on the ith of last month put off in a host to the reseay of the crew

of a sampan which was capsized in a equall. The crew of the sampan was composed of a

a woman and four children, the eklest of the latter being twelve years of age. The

bout weat over some distance out from No. 2 Police Station. and although Inspector Gourlay saw the accident sud hestoned to the water front, by the time he arrived the boat. containing the rescuers had been manuel and was nearing the san pan. When it pulled alongside, the Inspector reports that he saw some of the men dive into the water and attempt

Lia to get

chiktron out from

of the craft and righted it. Anderneath, while others got on the bottom

There were no

ampans alongside the Prays to convey Mr. Gourlay to the wreck, and in his opinion, had

any man attempted to swim to it, the children would in all probability have been drowned before the sampant was reasbed. The prompt- ness and pluck of the boatslip boys, however, reduced the fatality list, and five out of six of the crew were saved. The Inspector concluded his report by stating that Chinese in general were very reluctant to attempt to save people from drowning, on old superstition prohibiting them from rendering sesistance. This fact made the aetion of the five the morecsponsoudatis, and their plucky conduct was worthy of recognition The tras con of the Belifion Fund were of the sama opinion, and each of the rescuers received as reward of $5.

THE LANDED UNEMPLOYED.

A POLICE VISIT.

The remarkable farm colony" inaugurated Leveusbuks referred to by n rocant correspondent was visited by a police-sargeant, who had a conversation with the leader of the men. The proceedings were brief, and there was no uople arts. It was hinted that if the men declined to evacuate the com- mandeeral, territory tluy night suffer the indignity of being forcibly sjected. Smith was courteous but infexible. Tell your chief," he

id to

to the sergeant, “that the "myn refuta, to quit."

visited the place, and the unemployed have Many thousands of curious people have held meetings and made collections. Smith, who was the chief speaker, raid :-"We have seized this laud, and we are willing to let it on allotment. If it is not suitable for the anlawfully importing into the Colony two cases purpose, we are quite willing and ready of raw opium without a permit.

Inspector Ritchie prosecuted, and Mr. Otta Kong Sing appeared for the defendants.

It was announced that a second detachment The chiel clerk in the import dapartment of of men would set out. Owners of land in

the neighbourhood were feeling anxious.

the Harbour Oce said the two caIOS

W*TA

piach suitable land elsewhere, and if they túrn us out wẻ shall ge on seizing land and keep the police and the army busy. We will play Do Wot with them,

landed from the fleungshan on the 9th instant without a permit. Nobody claimed the goods

A MOTOR DRIVER MARTYR. Thus in two years the Treasury's semi-

at the time, and neither defendant reported to he was toasting, wera indeed to prosper, reserve means more unemployed capital. pelled a young lady passenger to assist in search annual revenue from this source has been more

than doubled, owing to the operation of the laat witness, as is required by thu Ordinance, that

Justices Phillimore and Jelf, sitting as something should be done to increase the Who has to sacrifice the interest that is lug her companions. He also shot away the revision of the statutory tariff. The Treasury be was importing opium. When the opium Divisional Court, bad before them the case Therein lies the secret of the luck of an express box and rifled its contents. claims that the increased sole of duties which was on the way to the polics station, the de- of Constantine Mortimer, of Kendal Miswal, gold reserves. If memory serves, it is more

fendants went to the Harbour Office and applied Portman Square, who was convicted at Barnet than a few years since Lord Gosches began inactivity following Lord GosciEN's An Englishwomen and her daughter wore is, to tema into operation from october 1. is io preach from that text, and still things preaching. It is the portion of China and among the victims The former fell to the imposed solely for the sake of revenue and for a permit to land it. Witness refused to in May fast of driving a moter-car al and fined of speed. great is a faint. It was reported from not at all for protective purposes. If we look grant the permit, and defendants claimed the nu excessive rate

to the year 1895-the year after the conclusion

opium.

210, with 9e. 6d, expenses. The magistrateg have remained in satu quo. His last was the Powers over again. They cannot agree Boranda that the miscreant had been captured. of the revised treaty with Great Britain-sad

Cross-examined-- Witanes did us we the in defanit, ordered Mortimer ons maath's obsecro that the customs duties then brought defendants at the Harbour Ollies about one imprisonment, and the prisoner was rumored punctuated with chers and applause, and amongst themselves, and so nothing

At Mesere. Sotheby's anotion rooms last to the Treasury & revenue of only 6,6843 Foo'clock. They called between 250 and p.m., to Pentonvil's Gael. Yesterday sounsel, on yet the ollur speakers did not go out of their practical results. Meanwhile business goes mouth the clair used by Oliver Goldsmith when whereas the raronne this year will probably be

Mortimer's behalf, argued that he was His Worship adjourned the hearing for the wrongly sent to prison because no attempt way to endorse his somewhat pessitaisticou very satisfactorily, the great bulk of it writing "The Traveller" and The Deserted in the neighbourhood of 59 millions, we obtain after the opium bad been seized.

a striking example of the financial benefit presence of other witnesses.

#ધો ur made Lo Jovy distrues, and view of what would happen if Britain, with indifferent, because in blissful ignorance Village" was sold for 29. At the time of the Japan has derived from the new régimo.

be never had any opportunity of

to be its small gold reserve, were to be plunged of the peril that Led Goschen declares to post's deaths the chair was among the other Her income from customs dues alone will soon

levied on or not. Counsel for the Justices, exist. It looks to the academic economist articles taken possession of by Edmund Holt, suffice to pay the interest on her whole foreign into a big war. The CHANCELLOR of the

one of Goldsmith's principal creditora. When lebt,

grestly as the war increased it.

On the 13th at 11.25 am.-The barometer that the magistrates, before signing the

on the other hand, read allidarite to the affect as if it really doesn't matter much to the he died it passed into the possesion of a Mr. spread with tolerable uniformity over all the base sightly over N.E, Japan and the .

The growth of the export trade has been Exchequer indeed appears to have been

warrant did actually ascertain that the mua had no goods mildly chaffing his admittedly more expert genuine producere and tradesmen of the Mowbray, of Ringwood, Hampabiro, and later principal staples. As for tho

coust of China. groups that

Pressure is high, execeding the normal by to levy on and that facilities were given him to predecessor, although taking cars to speak country whether there is a gold reserve or it was acquired by Mr. Charles Shaw Leferre. exbibit the most marked increases, they are

about 0.15 inches, over both of these areas. If communicate with his friends in the endeavour Beverages and Comestibles millich you humbly of his own qualifications. "Hent. It looks to him, indeed, as if Lord who had it removed to the family seat at Heck (1)

policeman

man who had charge of the prisoner stated, ures" (4) factures

Japan and the E. coast of Chins, and by about when asked whether is could pay the time, millions), GoSCHEN was simply indulging ia hyperbole field flace. Mr. Shaw Lefevre died in 1823 and round numbers), "Motals and Metal Manuis lower by 0.1 inch and upwards over to procure the money. The affidavit of the

Tissues Yarns, supposed that if the average waa of

when he perorated:

Materials" (101 millions, 9.5 inches over the 8. Philippines.

Mortimer said he had no money. He added business were consulted as to whọn be

"Miscellaneous" (11

Gradients continue slight, and light to.

driver, inoresses are few and insignificant,

bad should fleast choose as his spokes nan

but she would not pay plenty, oast of China, and light N.E. winds over the the fine, and wanted him to go to prison as a and champion on an pecasion of that kind

N. part of the Chins Bes

martyr for the cause of the Automobile Club," he would say that there were two figures

The Divisional Court held that both the ouavic- at 10a.m. to-day, 0.40 inches,

tion and warrant were right in form, whom he regarded with special repugnance

WEATHER REPORT.

an the point whether he had goliert

Was succeeded by his son, who ia later years Thread and their millions). The other moderate S.E, winds are indicated over the E that Mr. Hall Walker, to whom he was moler

become Viscount Eversley. He died in 1839, and It was not a question only for the City of London, but one which stooted the whole trade The chair remained in his family's possession

of the country. It was a question which affected until 1895, when the contents of Heokiold the well-being of finance sud trade. What was Place, Witchfield, were sold by auction and the finaúce nowadays? They were not merely a Istor owner acquired it. group of City men endeavouring to surish them.

In imports the diminution, which amounts in all to 63,413,300 yen, is spread over the whole range of staples with a very few excep. tions-Japan Mail.

Hongbong rainfall for the 24 hours onding