1906-12-11 — Page 3

THE CHINA ASSOCIATION.

ANNUAL DINNER.

[Specially reported for the Hongkong Daily Press.]

London, November 9th,

The annual dinner of members and guests of

THE HONGKONG DAILY PRESS, TUESDAY, DECEMBER 11TM¤, 1906.

the Chies Asociation was held in the Whitehall reintroduced. There was no question bore healthy and vigorous (Hear, bear). Thie, bo shake hands with men with whom he was 50-

Beoms of the Hotel Metropole on Tuesday evening, when close upon throw hundred gentle men, interested in affairs Far Eastern, sat down under the presidency of Mr. B. S. Gandry, c.n. Ooonpying the most of honour on his right was Sir Ernest Satow, a.c..., while Sir Eric Barrington, K.CD., was assigned a place on the left of the President. Others whose seats were at the cross tablo, behind which hung the Union Jack and the Chinese banner, were Sir Cecil C. Smith, 0.c.M.O., Sir M. Omanney, c...

Sir Fred. D. Canningham, K.C.18, Lient -Guneral Sir J. Bevan Edwards, R.E., C.B., K.C .O., Sir George S. Clark, R., G.C.G., Admiral T. H. Bayon, Sir Houry Tanuer, 1.8.0. Sir M. Turner, Col. J. A. Man Stuart, C., C.M., Col. C. W. Eruce, Rev. F. Clementi Smith, Messra. R. II. Beyzo, C., Wm. Koswick, M. F. A. Campbell, C., C. P. Lucas, C.,

W. Adamson, d.E.Mak, C. Alex.

Harrie,

|

collapse and the Chinese' officials be in full control. The effect would be bad, not only for British trade, but also for China herself, as her credit abroad would he adversely influenced, and probably the irregularities which prevailed before the service was constituted would be of bringing new pressure to bear on China to pursue a fresh me of polloy or to grant fresh concessions. All that the Associs tion asked was that sho should adhere in the spirit and in

the letter to the distinot agreement upon which she had received value in adtaxes (Hear, hear). Turning to the question of railways he was glad to believe that the prospeola în regard to the line in which Hongkong was most interested were more premiving (Applause). Hongkong had suffered had their

the Far East-a period aloss upon forty-five rare. He thanked Mr. Gershom Stowart for the kind way in which he had spoken of his service in China, and took the opportunity of pointing out that at the present day the post of British representative of Peking was one of extrame dificulty. He was not, however, going to take them into his contidenes by stating what those difficulties wero (ianghter). If he had

put bad the assistanos of most loyal and enlour aervants of the British Government he certainly could not have performed one half of his work.

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SOLE AGENTS:

there, until by and by the whole ediet would ; dus by many men in variona walks of life, and { was greeted with loud applans. His remarke to welcome at the table several distingafshed worn short, to the point and couched in terms men who had returned from afar with a record of the greatest diplomsey. He referred to of work well done in the execution of their duty, the opportunity afforded by the gathering As they all know only too well they had passed of meeting many old friends from Chins, through very troubious times of late years in and alluded to the fact that on the present Chin, but British interests had emerged cation it had best his good fortune to thought, was testimony to the good work in almost from the beginalag of his service which had been done by officers entrusted to safeguard those interests (Load applause). In the first plass he offered to the Rt. Hon. Sir Ernest Satow (Load aud cóntioned applause) their thanks and appreciation for bit long record of distinguished services in deplomery in Siam and Japan, sad in the more diffoalt political stainsphere of Peking (Applause). In a long service, such a bis it was natural that there might be times when he from a disastrous typhoon, and outro sympathy. But it also suffered frugs are with his compatriots bat they were might not have been able to see eye to Other troubles by reason of the adjacent waters is a position to testify to bia profound erudition Among others he singled out the Banus of his being infested by piracy as badas in the old to bis aufailing courtesy, and to his unrelaxing old friend Sir Hiram Wilkinson, who, for be- days. Then again, British stips obliged, by an obsolete Ordinance, to look on to his care. They knew that bis pr

were sadeurour to promote the interests entrusted tween thirty and forty years, had been the while foreign craft moopalised the transport knowledge of the language and customs of stins, le pouluded by observing that it and couldontis adrisge upon mauy important of Chinos coolics to foreign landa; but be both Chino and Japan had been invaluable to Wald occupy him for too long to talk about was glad to be able to tell them, as ho had said England (Applause). Sposking personally, he China, and as he was sure they were impa before, that the prospects of an agreement being remembered the feeling of somewhat nervous tout to hear Admiral Tracey he begged to concluded for the construction of the Kowloon apprehension with which he approached thecenende him the place (applause). Canton railway were more promising (Hear, door of the British Legation in Peking in the hear and applause). As they were all aware

Admiral Tracey delivered a humorons speech the project had been delayed, but there was at branch of the Association to interview the was very difficult to know whether the army spring of 1991, entrusted by the Hongkong in reply, and by way of an opening said it leant a likelihood of a settlement in the negotin- Minister on that wall worn but still unprodua or the uary was the most popular service tions. They bad heard a good deal, on paper, tive subject-the Kowloon and Center Rail- (Laughter). There had been times when a of a rival railway from Canton o Whampas way. The atmosphere of sympathetic kindness foraiguer would say that this was a naval

were at prosent in the air such as the forme B. Breann, ..., Throw Brown, J. D. and Amoy. So far the project had got no which he found there during one or two country which possessed an army, and othering of a new constilation. Here again ther - Campb}}, C.M.4., Valentino Chirol, J. F. further than on paper, for the reason that prolonged interviews made him look back on times when they would deo'are it to be a

were signs that the more thoughtful men Cunningham, Fa.cs., Jamies Descon, H. L. the Chinees capitalist was unwilling to put his experience with feelings both of gratitude military country which contained 3 Dary amongst the Chinans were disposed to do what Dennys, Sir Alfred Dont, R.C.M., J. M. bis money into any enterprise controlled by and pleasure. It was his duty in proposing the Ho would not say which it was at present they could te curtail it. If such was the caso. Francie

A. R. Fullerton, E. Gampert, J. the officials. They were all aware also that a toast to refer to the Imperial Service of the (laughter). It was a fact, however, that tho perhaps the time was not far distant when a Carey Hall 1.8.0., H. S., E.. H. and H. A. large sum was rubscribed by the Chinese on Crown, and in doing so those who lived on realm had only been in danger on. Hancock, E. C. Henderson. E. G. Fillier, the prossication of the railway from Canton to the little Island turned to H. X. navy. cocasions.

three fira diplomsey might be able to minimise Haukow, but that also seemed to him to be had to souple with the tocat the name of front: in 1598, the time

In 1066 the army came to the those points of friction which neither the of the Spanish foreigner nor the Chiness who had the best in a state of suspended animation at present Admiral Trachy (applanes), but he regretted the armado, England became a naval nation; but interests at their heart had a desir to por for the same reason. Mr. Gandry alluded to

We Trafalgar the prospects of railway outerprise uador Chi-

wors a petuate. One offect of the trouble they had Das offcors, and in dealing with the construc-

military power again. After that gruat sea had in Chion during the past eighteen months hvad been to draw together the foreigners tion of the line between Sooshow, Hangchondence in him of people in China during the Ught for the safety of the country there was and Ninggo pointed out that in the presence

If Great Britain had been called nothing more to be dons and the mary want of all antionalities. There was more feat.

interesta into that litoggle their 'bok. Then made Waterloo and when this hading of uni y of

than of Imperial edicts this project was also haug interests could not have been in stronger or been fought and won the nation was neither formerly the car, and if that feeling continued up although it was ppisible that the difficulty might eventually be solved. He mentioned philosopher bad said "Gratitude is a lively not

щого thoroughly efficient bards. Soma the one nor the other. Now he did to exist it might smoothe the way for England China's undertaking, in 1902, to provido a expectation of more favours to come." and be Nevertheless they ought to know on which side

taking the lead in dealing with the Chinens it wis (Laughter). national currency which should be available for would indulge in a little of that sentiment in danger Jay, but there could be no question

Government had which our position.In the Far East justified being taken. He was sure the payment of all the debts and obligations asking Admiral Tracey to use his influence in about it that if England maintained her throughout the Empire, but they had now

tended to peace and good trade, and if they did on the inland waters of Chins (Heat, hear). I The pary was the country's life and it was no not show their flag, there were others only to defence. It was not so; it was the very life of wee talking about it being the first line of glad to supply their place. (Hoar, hour). With the country (Hear, hear). At the present time

C.B., c.d.d., B. V. Sandford, T. A. Holland, Thos, Fraser, H. Horrison, H. Hodge, Geo. B Dodwell, W. B. Gulland, J. Swire, W. P. Eagle D. Muni, and W. P. Jagla. Among others, whose acceptances were received, and most of whom were present, were Mesars. C. S. ddis, A. and F. Anderson, A E. Anton, R. C. Antrobus, Rev. F. A. Aldredge, J. Dall Ircing,

C.M.G.,

absones of Admiral Sir Gorard Noel, for Lesabrequent to would bare liked to bave testified to the cou.

Jale war, upon to enter

TELEPHONE No. 135. 261

H. PRICE & CO..

WINE MERCHANTS,

Was

Sir Walter C. Hillier, C., R.C.M.O, Sir Thos. Jackson, Bart, G. M. Jameson, G. Jamisson, C.M.G., W. Langley, c.n., J. H. Lewis, C. V. Lloyd, C. P. Luens, C.B., ̈J. and J. F. Macgregor, E. F. Mackay, J. A. Maitland, A. MoConechie. J. R. Michael, Rear Admiral R: H. A. Montgomerie, c., , A. C. Oliphant, John H. and Jos. H. Osborne, Colonel C. E. Palk, G. W. F. Playfair, W. A. C. Platt, Major R. J. H. Perry, Dr D. J. Roid, Dr. H. R. Robertson, Capt. Murray Eumsey, R.N., C.MG., D. F. Ratherford, J. H. Scott, W. Murray Scott, J. R. M. Smith, Gershom Stewart, Douglas Story, Admiral Sir R. Tracey, K.,B.. G. S. Thomas, A. M. reached the end of 1905, and nothing bad Boeing that the British flag was in full aridence splendid superiority who was safe enough. ment and from the British people, who would Townsend, J. M. Vickers, Admiral T. Le Hunts been done. Touching upon the opening Ward, c.a., Rev. W. G. Walshe, J. Walton, [ of Manchuria be averred that China was M.P., W. C. H. Watson, E. 8. Whealler, H. C. | assuming to dictate the terms on which

know what

that Chins would receive no mora sympathetic encouragement than from the British Govern watch with the doopast concern the development pair service if they worn to encourage her to of those interests. It would be doing China s pursue any course of motion which would in sil

Wilcox, R. Chatterton Wilcox, H. P. Wilkinson, aho would receive back territory which Sir Hiram Wilkinson, Col. Winguta, H. E. she had lost absolutely. They could not doubt regard to the Army, it was most difficult for they had got aroh & long start that they could probability lead to much more serious complies- Wodehouse, C.M.G., Wa Yon Lia, F. Yeats, that the resources of the country would permit one who had just lately arrived at home to smile, as it were (laughter), Some of the tions in the future: As far as Shanghai was

know exactly, where they were (Laughter), papers made "heavy weather" of it when

ascription, while others declared that they Some people said they had no army and needed were turning the country into an armed camp. holding, apparently, the opinion that it was so evil thing for a lad to learn how thought he offered no opinion, but turning round to defend his country. Upon those schools of

D. S. Young and J. Welch (hon, secretary),

Prior to the dinger members and guests were received by the President, and an adjournment was made to the bouqueting hall shortly after

seven o'clock.

THE TOAST LIST.

of a speedy recovery from the effects of war and Japan had already shown her good faith by the opening of Dalny to further trade. The opening of further ports would depend upon Russia and China, and the establishment of

custom houses on the Russian frontier, and on

the question whether those two Powers would agres to open the great Mandaurisa rivers. Concerning the proposed constitution

135 ове

of

fer

thef

there was absolutely ne reason for doing so, refereses was made to small economies, but having regard to the fact that the nary wes our very existenes (Applause).

been built up line by line over the last Bfty concerned the existing condition of affairs had

Jeurs, and in a conatry where 'olo custom was perhaps more than the moral force of law agreements and arrangements could not be easily set aside. In the time of diffealty and tion to have at its bend a man like Mr. trial it wee of great advantage for the Assonin. Gundry-a mau of experience, a man who had devoted so much time to public affairs,

Mr. F. Anderson, of the Shanghai branch of Dinner conclades, the gathering sat for

Chairman" and did so with the assurance that the Association, submitted the toast of "The another hour listening to interesting sprecher

in perplexity between the two they were glad it would be received with acclamation. It was The Chairman, baving proposed the loyal toeats,

to see beaming serenely the obserfal countenance well known to them all that Mr. Gundry, submitted" Prosperity to the China Associa-Chine, he thought that the programme outlined of their old friend Thomas Atkins. They know throughout his long career, had always identified man of publio spirit, a man who enjoyed their tion" and in the course of his opening remarks ¦ in the Imperial edict WILB somewhat that he was led by a body of officers, who wore deplored the loss of old and familiar friends exhaustive, but very well-wisher of the always prepared to go any where and over himself with others who had been struggling to danes, and Is might also add, the confidenon of thoso in the Far East, who were endeavour He alluded in particular to the death of Dr. Empire most hope it would be strictly put into fret about the odds they might be called upon maintain British interests and the British good fag, as well as in them lay, to follow unt and Nandonald and Bishop Hoare-the art who force. Foremost among the items WBR the to face. Their army was small, but its heart was retirement from China he still kept himself is (load opplause).

namo in the Far East (applause). After his carry on than traditions of their predecessors was shot by pirates on a British steamer, and reform of the official system, and he thought in the right place. At the same time it could olowo touch with the course of events there. In

The toast was recaived with the 'moSÉ not do impossibilities, andit rested with the people the meat self-rificing manner he had given thres ringing obrers and a "tiger"

cordiality, the President being grosted with of this country to see that it was not called

Mr. Gandry said he was helped in responding pon to attempt the impossible. Touching the p a great deal of his leisure time and had been

y as it directly affected them in China, he antiring in bis efforts to aid the China by the refention that those kind things, and Association in giving expression in upholding the his position (eries of no, no). They were

fell upon logies

his head by the accident of aid that it it be proved that hine was be coming a series military power they might interests of their fellow countrymen in the Far really dirooted at the committee whom they had East (Hear, hear). The work which he had elected and without whose wise counsels position there with a slender garrison from an and other documents of the Association, and entirely different point of view. He notail that

they had (applause). among the guests they had members of this record, indeed, of which any man, might ment was then made to the reception com Foreign Offoe and the Colonial Office, besides well be proud (spplouses). Ar one of those where a pleasant evening was terminated shortly.

who, in China advocated for more publicity for before eleven o'clock. the Chinese Imperial Maritime Customs inappropriate, continued the speaker, for hiú

that

the most urgent re forms required. It was the present official system which, he thought, was responsible for the piracy on the Canton River, the trouble

the second drowned in the typhoon in the course thers would be general agreement of his duty. These dentha, he said, wers perhaps more and because more untimely (Hear, hear), and the sympathy of each of these present went out to those whom they had left behind to deplore their loss. The twelve mouths which regard to salt and the collection of evil had slapsed since they last mat in that ball bed characters in the suburbs of Shanghai (Boar, have to approach the question of holding their done in late years was recorded in the reports it would bare been impossible to achiere what | been full of interest and incidents, although the bear). In couolading, the President dwelt imoidents had not always been particularly briefly on the subject of the educational pleasant. The two most characteristio perhaps awakening among the classes, and thought that were the riots in Shanghai last December audit remained for them to hope that the proposed Maritime Customs implied by their subjection hope for the future he proposed "Prosperily to representatirea of that much-threatened body the work of the Association, it might not be THE EWO COTTON SPINNING AND the alteration in the status of the Imperial changes would be effected. With avery good

to a new form of control. The story of the rints the China Association." (Loud applause), was fresh in their rocollection, and it was

energy in its power against the menace to

Fourth Estate

the

This concluded the toast list and no adjourn

WIS Texs Bold at

WEAVING CO., LD.

12, QUEEN'S ROAD CENTRAL.

ECZEMA FOR

FOUR MONTHS

Baby Girl Suffered from Head to Foot

-Would Beat Her Head-When Washed would Cry with Pain-- Blood Ran Down Back-One Mass of Sores---Medical Man Useless.

CUTICURA REMEDIES

EFFECT A CURE

"I am writing to you a few words of advice to others who may have a child the same na I have. For more than four months my little baby girl bad eczema, and no one bút those wha have had it can tell the agony they suffer. I have seen my child beat Fer head, and blood streaming down her buck. She was a little sufferer from head to foot. She was upe HH. I had advice from medical nen; did not seem to cure her one bit. I was advised to use the Citcurs Remedies, and I had two sets. Now there is not one spot, about her, and I am confident that the Cuticura Roap, Curicura Ointment and Cuticura Pills cured her. I told them and think it's worth all praise for my child's sake and other another who may have such trouble as I did with her. I used to dread the time for her to wake up, as the eries from her were beartrending. For months she bad. It Grst came in a small place on her head. I used all kinds of re:nedies for it and it got worse. When I washed her she would cry with pain. One day I made up my mind while reading about the Cuticura Remedies, so I get a cake of Cuticura Soap, a ber of Cuticura Ointment and Culicura Pills and used them in the evening I continued for a week and you can't imagine how thankful I was to see how well she got on. She was two years of age the 22d of Fel- ruary and a fine girl. She is a picture to look at now. I shalt recoined the Cuticura Remedies to every one I know. Mrs. Cutler, 140 Kg S, Royal Oak, Plymouth, Jan. 20, 1986."

WILS!

Campiele External and Interns) Treatment Jar Emery Ehimear of Infants, Chikra, and Adelete- ents Hop to clear 13. aki vulleurs Viz'ment tu beat the akhi, and Cutleurs Pili Chocolate Colbed,

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Te 1/9,438.25 3 0,430,38 367,620.54 4,220.81

Property Buildings Plant and Machinery" Water Supply Furniture MiR

Stores... Cotton Stook Cotton and Yarn in process Yaru Blook. Waste in Stock ... Unexpire! Fire Insurance premia Accounts Receivable... Unarpired Rates and Taxes

Cash in band

帽

*

150,000.00

In proposing the fans of "Qur Gueate" and last, but not least, leading members of the to take advantage of the opportunity to unnecessary for him to say more tisan that ho Mr. Gershom Stewart said that the tonel, wie duty of educating and interesting the publis taken in communicating part of their corres-

whom fell that 'all-important welcome the new departure which had been Ta pablishing the following report, we would was sure the sympathy of the Chinese was he had the honour to submit, required bat little

like to call special attention to the admirable with the populace in their endeavour to thwart on hie part to ensure for it their warm opinion of this country on the new problems pondenso to the Press-a departure which bad way in which the audit certificate compares with

and 'dificulties arising from

perfunctory endorsements often an awakened been well received by many of the more import. elsewhere. Ali local auditors should aolo. the traffic in kidnapping and slavery (applanus). acceptance. In depuling that pleasant task to

appearing China. As to the question of the Imperial Maritimo him he thought probably that the Committee interests testified that they viewed the Far The presence of all thoss varied

ant organs of public opinion in the The General Managers have pleasure in sub- Customs, the publication of the sdiot, which desired to show their guests that the feelings Eastern question with attention. The Times, used in following that departare, bat reliance months' working to

country. Discretion mast, of course, bemitting an audited statement of accounts to constituted the new control, made it the obvious of hospitality, for which these gatherings of wits the services of its redoutable Poking could be placed on Mr. Gundry (Hear, hear).

October, 31st 196 showing the result of twelve

that date. duty of the Association to protest with all the Home members were an justly distinguished, correspondent (Loud applause) and the special! It had been generally recognised of late years on the stirs than in 1905, the production was

The Mill bas worked

day and night through were shared to the full by those of them knowledge upon Far Eastern affairs enjoyed by that H.M. Government had given more

year and although Lbedemand for yarns British interests implied in that innovation. It who were still more closely wedded to the Mr.hirol, was in an exceptional position to consideration to the Chins question than Chinese colton was ample and of good quality.

fair margin of profit. The supply of was unnecessary for him to racapitulate the Flowery Land. He assured their guests form a comprehensive appreciation of the formerly, and while viewing in so spirit of reasons which led them to think that the steps that had they that evening been the guests serious interesta involved; and he hopod and antagonism those in satharily over

The balanga at credit of Profit and Loss taken to pontost the encroachment were inade of the Association either in Shanghai or believed that all the leading papers in this they, in China, felt the time had eme 100,000 brought forward from last year, which them Aocosat is Tls. 364,986.25 inolusive of The. quate, because the whole of the correspondenes Hongkong they might not have had so good country wore assicus to treat the great Chinese when it was advisatie to list the support of follows:

it is recommended should be dealt with as had been recently before them in the columns a dinver, but they would certainly have been question from an Imperial point of view and public opinion in this country in behalf of the To pay a dividend of Tls. I per of The Time to which they were pacaliarly accorded a warm welcome, and speaking for aot from any party standpoint (Hear, haar). views that were being adrested. They wore

Tlo. indebted for the fuil publicity given to the members both of the Fast and of the West, ke

share on 15,000 Shares (Hear, hear). It would be sufficient to affirm offered their guests a true and hearty greeting, waitedly and in an enlightened way that cession or giving way should be shown to those

In his own opinion it was only by acting almost unanimous în the opinion that no con- Te equalization of Dividends Fand 150,000.00 that the motive and continuous interference of and they could carry away that asurance that they could hope to maintain their position in Chian who were advocating acts of aggression the new controllers constituted a great change they viewed their presence there both in face of the dilatory and from the easy suserainty of the Wai-wa-pn. as a pleasure and a great honour (Applause) diplomaoy of Chios.

tortions against foreign interests suck, for example, es He was convinced that the actios taken by The mainspring of the annual gathering was who had travelled the sam

Those the past the threatened ohangs in the control of the their committen in the mattor had had the folliurelly of a scoil nature, but the luminous the day settled many knotty points, and conditions of security and orden rich had been road had in Custome, sud the attack made upon the approval of practically every member of the review of the position in China, which they had when he looked around the tables and mailt up in Shanghai. It was felt from every Association (Hear, hear), and he would only listened to with much interest from the chair body of gentlemen like the guests they had the point of view that it was highly undesirable reiterate the conviction which they had placed showed that it had also a more comprehensive honour of entertaining that evening and knew that the conditions of strained relations should on record, that a desire to avoid contention at scope (Hear, hear). It was a most represents-bore were others unavoidably absent, who were contiene. After the excitement caused by the the outset was very likely to proluce more tive body of mon connected with China which prepared to accord to the Association their Russo-Japanese war it was parbapa inevitable serious contention in the end. The Chinese had could be gathered together in this country, and adrics and assistance, he was content to feel that a certain amount of anti-foreign agitation » saying that straightforwardness without the as folks at home often viewed things Chinese that the present hody of Englishmen connected should exist; but in his opinion that agitation was rules of propriety became radeness. The new as a very queer assortment, the searchlight of with China could face, with confidence, the by ne maxus solely dirented, against foreigners, controllers would not therefore my, "We publie curiosity was inclined to turn somewbst problems of our purpose to build up and transmute the Imperial on the annus gathering to give them informa (Applause). He asked them to drink, with the thoughtful meu amongst the Chinese now own day and generation! He believed that the wiser heads and the more Maritime Custom service into a Chiness service tion on matters they might hear about, but utmost cordiality the health of Our Gusta," realised the danger of fostering agitation, at the end of ten years." That would be rude, upon which they had no direct means of gaining and with that toast he especially coupled the mors especially as there was reason to suppose and might excite the barbarians to violence, accurate knowledge. If they wanted facts, they which was contrary to propriety. They would would have them in the Chairman's speech, but Admiral Tracey (Applause).

names of the Rt. Hon. Bir Ernest Satow and that it was not wholly u conuested with the lot Sir Robert Hart continue to remain for a if they sought to know about people it fell some

more dangerous of their secret societies. There time the nominal head of the Customs, but they what on the person praposing the Guesta"

was also the feeling that enormous diffoultice were before them in attempting changes which would drive in a wedge here, and loosen a brick | to show their appreciation of the good works!

The toxat was most enthusiastically drank, and when Sir Ernest Estow rose to respond he

To carry forward to new account... 64,980.25

Tis. 364,988.25 Consulting Committee.-In Lecordance with Article XVII, the members of the Consulting themselves for reelection, Committee retire but all are eligible, and effor

accounts of the Company, and his re-election to Auditor-Mc. Wingrove as audited the the position requires the confirmation of the shareholdere.

JARDINE, MATHESON & Co...

General Managers, Shanghai, December 1st, 1906.

STATEMENT OF ACCOUNTS FOR YEAR Ekped Octoner 31st, 1906, Liabilities. Dr. Capital Authorized 20,000 shares at Tla. 50 Tle, 1,000,000 : subscribed. 15,000 shares at Tia, 50 Jardine, Matheson & Co. Uncollected Dividends Accounts Payable ... Repairs and Renewals Profffand Less

***

***

H

:

Tis.

4,264.71

53,8.7.20

7.027.89

450.10 27,849.97 372.73

Ths. 158437010

PROFIT AND LONG ACCOUNT.

Tl.

2,688.98

18,744.50

23,(4,38

3,375,00

250,00

To Rates and Taxes...

Fire Insurance

Interest...

Directors'

Fees

Auditor's Fu

Repairs and Renewals... 28,104.79

General Managers' Com-

mission on net profits.

10 per cent, on -294,429.17

Balanco

'la,

14.

29,442.92

... 364,986.25

Tis. 470,632.82

By Helance brought forward...... Balance of Working Account Transfer Fee.......

Tis 100,000.00 ... 370,462.82 170.00

Tis. 170,639.82

Shanghai, November 27th, 1306. JARDINE, MATHESON & Co.,

General Managers, Io sccordance with the Companies Act 1900, I certify that all my requirements as Auditor have been complied with and I further certify that I have examined the above Accounts and Halason Shoot, and in my opinion the Balance Bheet is a full and fair Balance Sheet, and 5,696.60 Properly deawn up so as to exhibits true and 45,934.90 correct view of the state of the Company's affairs 204,988.25s shown by the Books of the Company.

Gzo. R. WINGROVE,

750,000.00 8350,000,00 67,847.95

374

1

... 1,584,870,10

Anditor,