1906-10-18 — Page 2

INTIMATION.

THE BONGKONG DAILY PRESS, THURSDAY, OCTOBER 18ri, 1906.

well-established insurance office. According waited for till the end of that serios of TELEGRAMS.

to the last annual return of Life Assurance | business, issued by Government, there was

return of over a million ou a capital outlay of about fourteen millious; say something over saven per cent. "The figure is a very

A. S. WATSON & CO., striking one, and it appears the more

LIMITED.

significant when we remember that all compauica, good, bad, and indifferent, which come within the provisions of Section 10 of The Life Assurance Companies Acts, 1870, are included in the return. It is probable that no other interest, or indus-

try in the country could show collectively CHAMPAGNE handeose yield on its capital."

DE

ST. MARCEAUX

& Co.

REIMS

1808 VINTAGE

VIN BRUT AND VERY DRY.

The writer quoted claims that under Government unangement this return would be greatly increased, as it has been made under the existing competitive system in spite of the extremely costly system of

working involved. Ho figures roughly that

nearly a quarter of the total premium income of the Life Insurance Companies is spent ou managerial and office expenses, and on commission. In the case of Fire Offices, be puts the proportion still larger The best feature of British companies, far as the public takes interest in the matter, has always appeared, to be their very substantial reserves, but the writer considers them overgrown. Ef's would reduce thou one halt. He suggests that they spell high rates as well na security, and he would allow Government a leas reserve, and expect it to insure at lower rates. This, we suppose, will be the weak place in his armour, if the experts consider him worth fighting. He is lateresting when giving his opinion of the present system, as the following extract from a summary of his essay many show, **The companies", he declares, "work on a basis theoretically sound, but in practice fallacious. The mortality tables are out of date. As a rule they go back to 1872, since which year sanitary science has made such strides that the death-rate has been materially reduced and the average duration of life prolongis. .S. WATSON & CO.. The calculations of the companies, more

TH

PER CASE 12/1 Bory.

24/2

$48.400

50,00

THIS CHAMPAGNE is a First Class Wine and is supplied to all the Leading Hotels

and Restaurants throughout London.

LIMITED,

|

years. Many of the officials would be employed by the State Insurance Co., Unlimited, so he ventures to quote con millions as the utmost amount required for compensation, or about sixty and a hal

millions as the total cost of expropriation. As wo remarked, we do not expect that any government party will care to tackle the qusation seriously at present; but it certainly offers a fine ground for debate.

The Admiralty bave decided, with the King's approval, that a ass pattern white helmet is to adopted as the uniform pattern for officers theo Fleet. Orain may, however, wose the

of

old pattern helmet until à bew one is required.

This evoving at the Union Church Literary Club there will be a Debuto on the following question:-"Should the destruction of non- critaioals ander any circumstances be legalised? The debate will be opened by Mr. H. L. Garrett at p.. sharp sad the Chairman will be Mr.

Frank Browno.

News was receivol at Instow, North Deven, whore his family reside, that Rear Adm. Sir Edward Chichester was lying seriously-ill with pneumonia at Gibraltar. It was later stated that Sir E. Chichester had been suffering from su aslack of bronchitis, not puermonis, but was making good progress.

w

{REETER'S SERVICH.J

THE SCENE AT LONGCHAMPS,

LONDON, October 15th. The scene at Longchamps was a regular pandemonium; the mob fought wildly with one another for booty; some invaded the lara and got drunky and some tore about nadly brandishing stelen bank notes, of which they wore soon robbed by others. Scarcely any building on the course escaped destruction or damage. Sixty arrests were

made.

FRANCE AND MOROCCO.

LONDON, October 15th.

- Trouble is brewing between France and Morocco, owing to the intter creating all sorts of difficulties in the trade between Tafilet and Southern Algoria.

KULANGSU (AMOY) MUNICIPAL

COUNCIL..

Minates of a meeting of the Kulangs Kalangsu, Amoy, on the 25th September 1906.

SUPREME COURT. Wednesday,

October 17th.

IN SUMMARY JURISDICTION.

BeroER ME. A. G. W18 (Priage Judas).

A JUNK COLLISION,

Yak Soung sued Fang Lau for the recovery of 8994 in respect of damage to plaintiff's junk | caused by the unskilful navigation of defendant's junk and expenses incurred by four days' doten-

tion in Canton.

Mr. E. J. Grist, for Mr. Otto Kong Sing, represented the plaintiff, and Mr. J. H. Gardiner, from the office of Mr. 0. D. ThomasEĽ, apparod for the defendant.

Mr. Gardiner applied for an adjournment es other witnesses he wished to call had not arrived from Canton.

His Lordship- oannot allow another ad- journment. You have had six days to get the witnesses here, besides, any other evidence you call must be to dixere it that of the man who was in charge of your juuk.

Mr. Gardiner --I should like to explaio. His Lontship-Certainly, but I wont allow further adjournment.

;

Mr. Gardiner-As your Lordship said, this man is very ignorant.

SINGAPORE LEGISLATIVE

COUNCIL.

IN HONGKONG'A BOAT,

4

Following are extracta from Sir John Andarson's Budget Address at Singapore:-

The Graucial position of the Colony is shown by the following figures:

Assets, 1st January, 1906 $336,265 Probable Revonne, 1908 9,715,142 Total 14051,407 Probable Expendituro 1906 9,293,967 Estimated Assets, 31st December 1906 2,757,410

This does not include the sun $1,200,000 of arrears due by the Farmars, for which we hold ample security, but which we may have to realise with osution. For that reason we have not brought the arrears to credit-of-Ravenne next year, but will include them in the state- wont of assets, which will then be approximately four million dollars,

Unfortunately about a million of this in the form of subsidiary coin which is not st present. a realizable asset, but will it is hoped become so in the near future.

The Reraq and Expenditure for 1905 were estimated at $9,574,664 and $10,102,588 respec-

atively, bat the figures I have quoted as the probable Ravanus and Expenditure for the your have been estimated in the light of our experienas during the six months ending June 30th,

His Lordship--Yes, and I have written it

down.

Mr. GardinerThis man gotmixed up in his story.

His Lordship-I am very sorry. Mr. Gardiner, but he goes and tells you one story and me

THE FIXED BOLLAR: The saving of more than 3800,000 on the estimate for this year is partly due to the rise in the exchange value of the dollar, which has raduard the sumpe payable on sterling account, but more especially to the abandonment, post- panement or non-completion during the year of several larga nahic works, such as the One- s Quamntire Camp for infectious diseases at- Moulpein Road, the creation of a nax Bridge ever the mouth of the Singapore River, the spacial services to Government Houss, the orection of a now Lunatic Asylum and the purchase of Tag and Barges for use with the now dredger for Penang Harbour.

His Majesty's Secretary of State for Foreign | Municipal Council held at the Board-room,other. You want to disored it your own fathom Bark Tighthouse, the construction of

Present: Mosers, F. B: Marshall (Chair.

Affairs received a telegram, slate the 12th reptember, from his Majesty's Chargé d'Affaires at Peking informing bim that the Jaaremaa), C. A: V. Bowra, A. F. Gardiner. 1. troops had been withdrawn from the Feng-tien Takatauki, L. I. Thomas, W. H. Wallace, the (Mukden) Province, and that the following Health Officer and the Secretary.

lness had been opened to international trade, iz, Tiob-ling, Tang-chiang-tz, and Fa-ku-men

1. The minutes of the last meeting were read and confirmed.

2. A letter is read from Mr. Lim Feo Kar, Penang is the first Far Eastern settlement

requesting permission. to take up push-ball, so far as we know, The forwarding plan,

road on his property and Guzelte says: The novelly of a game of push. to close up a ball-ue of many inventions in the way of construct another in place of it. The Secretary outdoor pastimes that has had its origin inis instructed to refer Mr. Lim Nas Kar to their Esplanade yesterday afternoon. The appear Aurica-drow quite a large crowd to the letter of the 27th April, 1994, and inform him ance of the huge sphore likewise proved an irresistible attraction to the untives, who seemed to extract as much amusement from the game as the European spectators."

7 www

The election of Faiber Weruz as the new General of the Jeanits bas excited untsual interest, and a great, not to say perhaps.orog. gorated, significance has been attached to its

that so the matter concerns Bright of way, they have not the authority to alter the decision then arrived at, but if ko je prepared to make a substantial offer for the privilege, he is seok- ing, the Council will call a meeting of the Ratepayers and submit the same.

3. The report of the Watch Committee on no inquiry held on the alleged misconduct of

one of the Bikh Police is read.

4. It is decided that leave on half pay

granted to the Police is to be allowed to count toward their period of engagement.

witness.

Mr. Gardiner-The mistake made was por-

His Lordship-I know this; that his evidence sibly owing to his ignorance.

allied with that given by the other side. That, of course, foes not suit you.

On the other hand the Ravonne which wa Mr. Gardiner-If your Lordship wont allow are now likely to obtain is the current year me to call further evidence I don't see how Is larger than was estimated by about $150,000, chiefly owing to increased ratures from Land can possibly succeed..

Roročno ($18,990), Renta Exclusive of

Land His Lordship-You admit your junk was to (834,000) Stampa (6113,000) and Postal Revenue (542 (MM)), the doorcase is likely

under Interest (370,000 due to blame?

operation of Ordinance V. of 19ki, which provides that the profit derived from the Carrency Commissions investments shall be paid in the Carréncy Note ise Daprasistion Fand and not Into the General Revenue of the Coleny.

Mr. Gardiner Yes, I admit that. Hia Lordship-But you set up ecntributory negligence?

Mr. Gardiver-Yea.

His Lordship-Well, I may there was no con- tributory negligence at all. This junk of youre, no I said before, was like a Chinsman in the street-seerand to think the whole radway belonged to

<

Kr. Gardiner-But there was a typhoon. His Lordsbip-No, no. It is about the clearest case I have ever had. There will be judgment, for the plaintiff loss 854 demurrage, end costs.

to

In 1807 we expected to obtain a Revenue of $9,259,865, and to spend 39,065,202.

The doorcase in the Revenue is more than accounted for by the fall in the price at which the Excise Farms have been let for the ensuing triennial period.

OPIUM FARM RENTS REDUCED. The reduction in tha Opinm Farm Rents is very great, and the increses in the sum for which the Liquors Farms have been lot is not as large as

68 was oxpected from the enhanced duties sauctioned by the recently passed Liquors Ordinados. That fall is dus to special ones and is not conflued to this Colony. On

Revenue such as Land Revenue and Post Offi the other hand several of the other items of

la general healuers activity.

over, are not based on the selected lives with which they usually deal, but on those political napeet. It is a disparagement to the Suciety of Joss to say that all this cariosity is of the general population, including, of not simply the result of their own importance as course, the, notoriously short-lived. Conan Order. i arge as their influence actually WINE AND SPIRIT MERCHANTS,equently, they are constantly paying is, and larger still as it is believed to be by enormously less in death-claims than they meny credulous people, the election of Father | expected, or might have expected. Twenty Warnz would not have aroused a tithe of the years ago ons of the largest companies attention it has done, if the political situation threatening language. 1. and Breach of work which yesterday fell to the lot of the show a bealthy incraass and point to an advance

had not made it a matter of special interest that the choice should have fallen ou a Germaa.

Agouts.

Hongkong, 29th September, 1908.

[39

NOTICE TO CORRESPONDENTS. ONLY communications relating to the natës column should be addressed to Tua EDITOR..

Gospendentamsat forward their names and ad

dre as with communications addressed to the Editor, not for publication but ar evidence of good faith,

dil telters for publication should be written on ene side of the paper only.

No anonymously signed communications that havs already appeared in other papers will be inserted,

Ondere for extra sovies of DaILY Paars should be snt before 11 a.m, on day of publication, After that hour the supply is limited, Only supplied for Cash Telegraphic Address: Fans, Code A.8.0. in B

Irisber

P.O. Boz, 38. Telephone No, 12

GONGKONG OPPICE: TOA, DES VEDI LOAD C LONDON OFFICA: 131, FLEET STREET, E.C

The Daily

Press.

HONGKONG, Octoнer Bry,–1988---

ALTHOUGH nothing momentous is likely to happen as a result of it, a recent article in the Financial Reviem of Renieurs se was to be giving rise to a good deal of discussion Suggestions for state-owned this and state- managed that are by no means rare, and the neighbouring country of Japan is taking leading part in such experiments, with results which havo na yet scarcely had time to plow themselves. Sonte Bay the state

L

testified to its deaths one your being 26 per cent below the number expected. Again, the average duration of a policy in a British company is only five-years, and lapsed policies outnumber those on which claims are puid by two to one. Yet companies still calculate on the assumption that every "epidemic" policy will mature". The

'is used

to, justify these but the writer does Drt

argument hoards;

5. The Superintendent of Police reports the following arrests and summonses during the past fortnight-Arrosta-Theft 2 and Com- mitting a nuisance 2 Summonses.- Debt 2 Assault 1, Contempt of Court 1 Using Municized Regulations L.

Chairman.

THE VOLUNTEER CAMP,

Less cracting in its demande on the strength of the individual and more interesting was the

Volunteer on Stonecutters Island. The more technical nature. of the duties of handling дива Bled" thegreater part of the programme of the day's proceedings In the early morning bath companies made fair practice with the maxim guns, the difficulties ad problems set by the staff instructors afford. ing excellent instruction, while good work was signs on the fifteen poeaders. Not till Saturday however will the Volunteers have an opportunity of using blank cartridge. Thọn will, come the tima for fire discipline, which is the real test off the "men of cannon."

6. It is decided that, until further notics mostings of the Council will take place at the p.m.

(Signed) FRED B. MARSHALI.

By Order C. BERKELEY MITCHELL,

Sboretary, Kulangen, Amoy; 13th October 1906.

CANTON NOTES.

From the "Canton Daily News."}

M

1089 IN HANKOW" FIRE. A director of the arsenal was on the Fiankow when she was burnt at Hongkong. He had $300,000 in cheques and 12 parcels of drafts te deposit, which were all lost. They were put in the parser's office for safe keeping.

it

We are thus compelled to restrict our Ex- penditure, and to include in the Budget only those services which are essential.

TRADE.

The foreign truže of tho Colony in 1905, exclusive of Treasure, was represented by 391 million dollars in Imports and 233 millon dollars in Exports, the Imports decreasing by rather less than 2 per cent, and the Exports increasing by 37 per osut

The sterling equivalente were £32,000,000 and £27,000,9 0, incrimes of about 41 per cent and 38 per cent respectively.

The Singapore reinens under both beadings were smaller than in 1904, while a large increme was recorded in Exports from Penang.

During the first half of the current year s further reduction is shown in Imprts of mora than 5 million dollars for the Colony, of which Singapore accounts for nearly 2 millions, and Penang for the remainder. £2,340,003) for the Colcas.

Iu starling, however, there was an increase of

An jouoration appreciated by ovary mau under canvas is the reading and recreation room Provided by tley.M.CA. The Commandant readily gave permission and set apart a tent for such an institution. Opened on Tuesday night, attracted many Volotears, who were warm in their expressions of appreciation. Not

The total Imports were 1591 million dollars only are papers, magazines, sta to be found on the tables, but there is aĺkó à nice little library, or £18,600,000. In the same period Exporis while draughts and ohess help to spend a quiet amcanted to 143 millions of dollars, £16,700,000, Two of the pirates of the Sainam will be evening. Writing materials are also supplied. sa increase of about 7 millinas in dollars and of

£3,300,909 in

in sterling, of which more than A more useful addition to the camp could hardly theoo.quarters was contributed by Penoug. have been derived, and under the supervision of One-half of the total increase is due to the excouted this week,

On the whale Exports of

VIRATES TO BE EXECUTED.

VAREWELL FOR SUCM...

a big ban quet and celebration for Viceroy Shumalas. That gentleman also hopes to arrange show a forward movement, but it is baluvel for one or two lecturas during the encampment. that Import Exchange value of the dollar when he arrives there or his way to Shangtai.

stocks are still above the average. While residents of Hongkong admired the The rise in

The merchants of Hongkong intend to hold. Mr. McPherson it should prove of-cooxiderable |-enlisäsed valno of the tiufactured goods

BUNO OF CUSTOMS TROUBLE,

Sunction having at last been giviûr to the appointment of a coloued to commut the Royal Artillery a Portsmout, it must coms a5 4 matter of strriso to find that the post of Staff Officer of Garrison Artillery is to be abolished. This has of late beon-one of very considerable importance, dealing as it does with the mass of detail that must necessarily arise in the esso of a large force of artillery. Doubtless it is expected that for the fature it will be all dealt think it does justify them nowadays. with by the colony bimzelf; but in this case it He seems to overlook the obvious reflection is difficult to see how he is to devote the that we can never know when surprises necessary time to the study of problema moro It has always are in store for the insurance world. The commensurate with his rank. current year is an exemple, with San been found by experienes that officers holding Important commands invariably require an Franciso, Valparaiso, and our own Hong-assistant to take off their hands the heavy work kong trouble; and no one can promise connected with the many matters of detail that that there will never aguio be a vast daily ariné, so as to leave their own time free for epilemic or series of epidemus. On his are important questions. If it is necessary for a brigadier eommanding four units to baye the proposal is not a argument that

for an officer commanding 10 unita, as iú-the- revolutionary one, or altogether without a staff officer, still more would it appear cssentist The situation is the more present case. precedent, he is on safer ground, but we take it in view of recent re-fiction and extraordinary as his subordinato` lieutenant- disclosures that his citations of gas, colonels commanding brigades of batteries are

Chow Tang-alang, who figured conspicuously searchlight flashed over Stonecutters sud heard of 19 per cent was the reason why the sterling electricity, telephones, etc., are none too each provided with an adjutant, happy. New Zealand appears to have London reports that the September list of in the Customs trouble a short time ago has left the booming of the big guns on Tuesday night values of the merchandize imported and actually adopted his suggestion before he pasanger sailings of the F. sad O. steamers China and gone to some foraigs country. His the Volunteers were favoured with a closer view exported were in each case an advance on

previous figures. of the interesting operations. With his uznal It is gratifying to be able to inform you that". made it, but that enterprising Calouy is the calle attention to the company's improved direct family, which has been incarcerated since the

It sorvice of intermediate steamers between troable, bave offered to pay a large sum of forethought the Commandant arranged for notwithstanding the total decrease in the dollar despair of all argumentative people.

1004 there was an actual increase of 81,260,000 seems capable of demonstrating anything. Ludo and Japan, sailing from the Royal money if they are released Viceroy Sham bas dinner being served half an hour earlier in value of the Imports in 1995 as compared with enterprises are doing well; others aver the Germany and Japan are expected to follow Albert Dock at for tightly intervals be replied that they must pay the money before order to give all an opportunity of watching in the value of goods importot from the United

Namur, which was to leave London on October they are released.

the proneedlings. And the experience was one ingdom, and the statistics of the import- contrary. For a long time the British Post New Zealand's example, however, and this 13, had practically completed her ou'll at

to be treasured. The searchlight, operated trade for the past five years show that the Office was the pet object lession of state social-writer would like Great Britain in Messrs. Caird's Greenock yard. The Nyansi,

The board of directors of the Yuet Han Ca., from a pofut at the east side of the island, value of Importa from the United Kingdom bee increased from 830,600,000 to $33,800,000. ists, lurt they are probably now a little tired the van, substituting one well-equipped the third steamer of the "N" class, was bave handed a petition to the Viceroy asking illuminated the greater part of the channel whilst those from the remainder of Europe and of it. There is something more fascinating central office for the numerous headquar-expected to ko ready for launching about him to refuse the resignation of Teo Tow-chai. between the mainland and Stonecutters show the United States of America has increased about the suggestion in the article citeaters existing now, and economising on September 24, and to the take her place in the Tsa became swara of the petition and notifieding the rooks into shadowy outlines and the only from $19,000,000 to $20,001,000.

direct Japan service on December 8, when she

the directors that his resignation had taken serried sides of the opposite hills into the most 1993 was twenty-one and a half millions and above, which is nothing more or less than administration. Even allowing seven per will leave London for Yokohama. The round place virtually, but he would serve a short while fantastic shapes. Buoys, sampans and juuks gain showed an increase over the figares for that all insurance companies should be cont as..expenses of Binte insurance, he fare for a tour to Sydney and homeward via longer to accommodate them.

on the surface of the water stood out distinotly,

IMMIGRATION. merged under state management.

invested by the white glow with an unusually st. Thursday Is calculates a saving of more than thirteen Torres Strait, calling

Immigrants from Chinese parts numbered in also apud has practically gone further:

Tood,

d Port Darwin,” -Java--porte, ----and millions sterling. The way to effect o

Viceroy Shom and the Provincial Treasurer picturesque appearance. The launch in the $125. For travellers to Singapore is than any other country, although it has as change would be easy, in his opinion. Australia it is suggested that the attractions of accounts. Shum has memorialized the theore

are busily engaged in settling the Customs entre of the picture had the targets in tow 1903. 173,13); a decrease of 31,000, but the proportion of women to men bas again inpremed, at the end of long cable.

Baving and was 50 per cent. The cause of the reduction yet refrained from putting insurance on Calculating on a thirty years purchase a circular ernise from Sydney, through the taking the responsibility of the matter upon

unwound the cable the launch gets up is to be found in the fact that better harves footing with tobacco and railways. The of the net earnings of the present system island groups of the Western Pacific are worth himself and is endeavoring to settle the accounts

ber fall speed and setting the winding were obtained in China, and that considerable aro in progress there, giving author of the latest suggestion has unny (but arbitrators would scarcely be as ready consideration. The cruise of the Victis from

gaar in operation the target is thus draw developments

increased local" employment. This state of through the water of the speed of the winch

Ebinge i

is likely to contious and in the absenco arguments for it, but his trump card is with their decision as he) the price of all London on September 19 to Portugal, Morocco, undoubtedly the addition of about twelve the Life companies would be about thirty drawn to the approaching visit o the Ameer to Spaio, &c., was announced; and attention also

plus the spoed of the vessel. The target figing of special efforts to attract labour from China tillious to the national revenge. He is gne and a half millions sterling, and of the India, whon a military demonstration will be posed to increase the official salaries from the though the water throws up a huge cloud of the decrease will probably continue. of thise who sure the mild man of Fire companies another twenty millions.

the making target more conspicuous but adding the other hand was over 39,000, held near Agra in November and December, Viceroy down, and relieve the magistrate of the spray, which envelopes it completely, not only bar of Immigroute from Southorn India on preceeded steadily is heard, during the current year. In the desiring to extinguish the National Debt, He prefers to leave the treatment of mutual with reference to the management, it is stated burden of making supplies to offels passing to the spectacular effoot. A flash on the crest 9,065, and recruiting bas

the year ending 1906, the data but i wo do not 'all agree with him, he is offices, and of accumulated profits and that Mr... .Kendall, late senic general through, which in many distriste represants of the hill attracts the eye. A boom

by the sound of an object burtling the 11th February,

just

British

India Storm Navigation Company prepared to allow us to apply insurance reserves, to the tribunal of arbitration. manager, bas retired, from active service sitar 1a heavy annual drain which has to be made through the air. Then the splash is seen first year of the new Coolie Contract with the

in front of the target or another shell profits in other ways, one bait held out He is vague as to compensation for the/50 years" work under the company's flag. Mr.

sink without the splash baing noticed, indicating expired, 13,518 tickets to the Straits wors I.. Shields, late assistant manager, liss bon !.

that the shot has gone over. That of course issued at the reduced prices stipulated for by bring a possible substantial reduction of the enormous army of employees, suggesting appointed to fill the vacancy ou the staff of

Every woman should be a trained housewife tells that the mon on the gun have found their the contract, whilst from the 12th February income tax. First of all be dwells on the that one million per annum "for a series general managers, and is succeeded in the office

sneh of assistant manager and inspector by before she undertakes to make a man happy, Lerget. The apocisole was noteworthy and last to the end of August un less than 21,909 amazing profitableness of insurance, and of years" would be a safe estimate. So the Mr. Riubite the post of and no woman should venture to despise tue everyone who watched it at close quarters sites nod them in requirements quotes an eminent actuarial authority to the it would, in one way, but meanwhile the superintendent of the company's establishment

art of housekeeping before her marriage, since realized something of the possible work of our of planters and others in the Colony and the Federated Malay Slates are still increasing, and her fatare happiness depends in a great garrison.”.

The official guest night, when H.E. the will continue to do so as fresh land is daily. effect that nothing in the commercial worl treinendous savings might have to be at Bombay will now be filled by Mr. A. M.

}

ineasure on the way she keeps her home. Symza.

Goveror willattend, has been fixed for Saturday, being opened out. equals or even approaches the security of a

Here

RAILWAY.

CUSTOMS ACCOUNTS,

before his departure.

OFFICIAL BALARIES. Under the reformed offiolal system, it is pro-

in other ways.

followed

The tonnage of vessels entered and cleared in

the previous year.

The nam-

an increase of

9

which the