1906-12-29 — Page 3

THE ARTIFICIAL NATURE OF THE RATIO.

{ME, CONBOL NICKERSON'S CURRENCY MOTEN CONTINUED].

THE HONGKONG DAILY PRESS, SATURDAY, DECEMBER 29TH, 1906.

conses to be remunerative to bim, little, BRITISH AND CHINESE CORPORA-

TION (LIMITED).

נא

THE TALKING SHOP,

"TANJONG PAGAL DOCK ARBITRATION.

Mr.

The moment that the supplios of silvor and permitted to influenco the markot of the inancial year the corporation lasued Ition by the Government was first decided on: |

suspecting with what dead and forgotten producers in the past his labour has to compete, "The swords of Dacias and Alexander

The annual meeting, was held on 29th

Wedgwood (Newcastle-under-Lyme) are yet our competitors is establishing the

November at the Cannon Street Hotel. Mr. W.

asked the Under-Segretary for the Colonien value of gold and silver. The ravages of Koawick, M.P., presided, and, in moving the reference to the Tanjong Pagar Dock Casse in Gaul and Roipio in Spain are adoption the report, mid that during the Company award whether the shares in this still, through the use of metallic money,past

company wera quoted at 3:40 when expropria- Icals f

for the Chinese Government, and who bez the Government was offered the gold coming to Encap loom Amorica-grow world; "While Cortes, 1izarre, and the host result might be regarded as fot wholly unancial shares at 8700 by the company; and whether the anfficiently amplo to permit Europe to export of other Spanish-American conquerors whose factory. The construction of the Banghai, arbitration award of Lord St Aldwyn forven silver to Asia, instand of seeking to drow gold important contribalions to our present. stock ! About 80 miles were open for trafls, 2 miles ivalent to 8886, compering the present valua i

Nanking Railway was making

the Government to pay 8783 of the dollar with its valna 1wo years ago.

Mr. Churchill. I believe that the Ogore question is approximately exrrset. I do not giren: the Brst part of the hon. member's

and reland that any formal offer was made by the company, bar 870 was mentioned, the directors in conversitiva with the Garumner

of

from that contimat, the modifying influecos of the eastern ratio was destroyed, and the tendency of the western ratio to widen was unrestrained, In this connection the words of Dr. Adam Smith, the great British father, politicat eronca y, ure of interest. "In China and the greater part of the other markets of India ten or af most twelve ounces will purchase an ounce of gold; in Europe it requires from fourteen to fiftenu ounces. the cargoes, therefor, of the greater part of European ships which sail to India, silver huis generally been one of the most valuable article.

The doctor wrate in the sighteenth contary. and was to use the word India for táo Fant generally, and explains se shave how natish of“ the silver-produce of America was derind to the orient,

Now, no long as silver continued to be the principal metal furnished to Europe from the Now World, wo es a usily are runt for the widen ing movement of the rafio which is attriba abis to the contiund relative iuorense of the stock

of silver in Europe, and a liko relative diminution of the lack of gold. But when Brazil auillaparand altyword Resia, California, and Australia paured their veritable foods of gold into the outstretched riad of humanity, how can we explaia-since the coudi tions were roversad and gold was relativoig de more plentiful metal and silver the misreer that nevertheless silver still continued to fall in relative value?

of the precious metals were obtained through the foalost of crimes, virtually survive to weight their ill-gotten gains against the prodaete of honest labour."

•

But legal regulations first eucerning the| ratio itself, and secondly someorning money ilaoif-are ati

more

unsatis-

good

progress,

the rest of the work was so advanced that the would be oponed early in the new year, and consulting ouginsors (Sir John Wolfe Barry and Mr. A. J. Barry) anticipated that the entire

would be fluished by Jane, 19 8. If

free band had bou accorded to the

per

share,

the

addition to quantity (using struction or coukl have ncoolersfel cou- ' The aword works out at about $755 per share,

the word quantity in the above indicated comprehensive sonse) patent influences in fxing the radio botween thems metals.

LOCAL SPORT,

CRICKET.

# K.UN "A" P, CIVIL HRRYING.

interest and the securing of trafo at an perly

considerably, with the double at vantara to the Chiness of 8 ving in cost and late. In the present state of things in China, however, this had not loop possible, and the courgence was that there had been much lo

of time. Taking this circumstapes in -account, satisfactory progress was being made, and the railway was being onstructed in every way a first-clove trunk line of standard gorgo, e

, equipped with the best type of modern rolling stock, and the cost was moderata. Before-inng-it-would-be- neengsary to provide funda to complete the line and the Chinese had this lean, which would be issued in daa cours accepted their offer for a further installment of The bord were auxious to proved with the Soochow (reg-chau-Ningpe Railway, which would also serve a very populous and prosperous

tion of the he the subject of a seperate sul distinct lont, Yang 1820 provinces. It would and would be a separate nudertaking, but it

which, at 2. Sd, the dollar, would, as the hop. momber suggests, bo equivalent to $880 at 28.

Mr. Wagon further asked whether the costs of this arbitration would exceed £40,000 how much of this rant Lord St. Aldwyn have an opportunity of discussing this arbitra would reseire; and whe har this House would

tion.

Mr. Churchill-Yes, Sir; the cost of the arbitration will los largely in excess of £41,000 I am unable at present to state the amount ex-ctly. Lord St Aldwyn roovived a fee-of- 5,750 for his servies as ampire. The latter part of the Non, manber t

gation should be addressed to the Prime Minister,

Mr. Wedgwood also asked whether the intel capital of the Tanjong Pagar Dock Company was $3,700,000 on which per cont per an was paid until the Government decided t

propriate the property; whether the ward of loni St. Aldwyn involved a payment of sh 20,500,000 appr cisted dollars for this preparty, Whether he

12

The cricket ground being as the disposal of the "A" tamm this afternooir, a sido vrranged by T. C. Gray will opposs the Civil Servier à friendly match. The ten will consist of: H. W. Colomb. E... P. Jucks, A. Fowler, J. H. Gardiner, A. S. Cobden, J. H, Chainers, 0. F. Chapman, 8 Munce, F. Boxington, † natura! rolations to the Shanghai. Nanking | or 65 yours' parchase of graual divid-nd; and

A. N, Chor und TC day, Tempur-

de with which it would ha |

be linked upw

ut

F.

JUST UNPACKED :--

PL AND POSTCARD SIZE

P. CAMERAS

FITTED WITH

ZEISS ANASTIGMAT TESSÄR LENS, F. 6,3.

AT MODERATE PRICES.

LONG. HING & CO..

No. 17, QUEEN'S ROAD.

THE LEADING COGNAC.

IS

J. & F. MARTELL'S BRANDY ***

-AS SUPPLIED TO THE HOSPITALS. ·

PER DOZEN

$28.00

-10% DISCOUNT ALLOWED UNTIL FUCTHER NOTICE.

SOLE AGENTS:

TELEPHONE No. 185. 26)

H. PRICE & CO.,

WINE MERCHANTS,

The first person called was Wong Bing Lung, who said he would employ five men in his shop. they would keep laundries, and ware engaged in of Wang Loe, Moy Hong Lee Hee Ting, Moy prosperosa businesses. They gave the names

The ivil Servier with las represental-bedrant"geously worked under one administra” was aware that Gävernor Sir Jobs Then came the other employers, who atatea that

E. Santhy

11.

4 of the property, and I may remind him that The assets taken for by the Colonial

s. Chung Lee and Chong May. The numbe of men they proaid to gisa aplopment to

is the numbbe of men in question made up the realer of thirty-two, which was

The shippi

Lavy

suggeste! that the favo lines went las

Blated, in Pobrunry-18th-1995, that Mr. Jackannti, (Co»p! }, doù De J. M. Atkinson, for

tion. A contract bad

years" purchase would be the usual rate in concluded with the Masara. A.B Rad. F. Bider. P. T. Lalehinese for a lean to build a inilway from L.E. Brutt, I., Buften, t R. Adams, A. designed to connect with the railway which the smallest dividend paid in recent years, or

Canton

Mr. Churchill.—The figuras given by the hen. to the border of Kan lang where it was

traber era correr, exept that 19 per cent was Tucker, A. J. Jordan and 5: W. Dawson, the Government of Hongkong wire co-id the tij videnle genratty sure the value Reserve Mr. Ballack. Umpire Mr. XV. Th hucting to that point from Hone.

kong. This would make the diet railwa

Chips within tweler months if they were not and representative said connection between Hongkongi Kuu lung and

to send the ran back to KOWEUN 1, KRATOKNGOWEK,

Canton, which

had so long and so of templexes or proved undesirable Thie-nestole will be pligul to-day utahl5pm.tw test by the colony. The loan was on the ground of the latter Club, Cenigengower for £1,500,000, and was to be issued within haios presume that the hon. teen L. P. Lamour! (Cpt., R. Bar, A. 0.

eight months at the esll, of the Chines

bor, the question, is referring to the Government. As regarded the Nanpino l

* Gover despoteli, No. 13, in ¡00, 309) Brawo, J. D. Kinnaissi, E. Leving, R. Postoji, concession, there was nothing to be added with stated, in conservation with the directors

} *** oogstant. A. Rose, E. S. Fard, S. E. Green, R. 13. Advantage to what manned in the report. in Singapore and that expropriation on that Chinamas become chargeable to the rates,

thar 7 par cont was the ordinary rak of interest

bed world mean 14 years purchase of their ordinary divideað.

The explanation of the tendency of the white instal to asustenatis fall in ralun-is-to-be-femi in the Jaws cono»tning mousy in the long tim custom of terying mitt charges in favour of Fold and against silter.

This

furnished a alone has pressure which haa bộou upon silver, and pro- | Cooper and G. Evaus. moted its decalance evar zinoe man first learni to extract it from its or." Those words were writton some 1xonty years ago by the Hon. Alez. Del Mar, the great America u muthority mpun, the history of the precious metals, buinze the tremendons widouing of the ratio that took plass during the list devade of the nineteenth coalary,

The salleanna and rapidity of rainy of the! changes of ratio-for example those which respectivaly occurred after the conquests and plunderings of Alexander the Great, of Jalina Clawer, and of the Spaniards Cortes and Pizarea →plainly show the Fallucy of thi

CREAZIE A view that the ratio is controlled by the relative. costs of production of these metals; for those alterations of the ratio, and many others we might instance, oscarred win there were no enrresponding_elmoges in tho-coats-and- conditione of production, Suffice it here to way that quantity, inflasared and affected by

has always determined the value of these metals.

LE OUR TULE.

The following is up to date:-

2

CLUN.

Civil Service Greigangower Hongong Police Kowloon

II K.C.C." A Army Staff

RE

R.G.A.

3 points

a win.

1 point -- a draw.

MATCHES.

Played..

1000+ Won.

Cuad~1~1.

RUGBY

====

The following have been selected to represent *Eupland and Wales" in a match against "Scotland and Ireland" to-day (Saturday) at

*

W68

Carsmi-for-the-gorge of the mobor,

growing

'A

MALAY GAMBLING PARMS,

Mr. Churchill said:-

In reply to Mr. Hoy (Shoreditch, Horton), :-Au enactment is now Malay Status) which will enable the residents bafore the State Cancils (of the Federated to prohibit gambling in districts to be specified rockmation. When the time comes for resleting the miding farms, it is proproved 14 prohibit gambling in non-mining dist ole and to restrict the bones during which it is permitte in the mining districts and towns. It is hopest that, if these menus are successful, it will in a few years be possible to extend the prohibition to the hole of the States,

Mr.

-Stoffwer, however, usked how they would; be able to identify the mer.

Mr. Morti man, to company's representative of the Macbaca." They hail ever known a dhat the nien would be known as the “men)

Eventually all the Chinese were admitted.

SHIPPING RINGS,

The appointment of a Royal Commission on shipping rings is the be fed fulfilment of a duty surditata but ingloriously praipon-t the late Government

by To the persoanel of the Ryal emmission no creoption is to be taken. merits, Mr. Arthur Cohen, the chairman, is a The selection has both positive and negative mua of bots judicious and judicial qualities. ur best iines are worthily represented: and wa are specially glad to see that South Africa, shich in our opinion has suffered in the very

auprejudices & Commissioner is a forrored tissue of her commerce by the system of capri- cious rebates, is represented by su na B Hough

vals of this selection is increased by the omission of man who bare most foster- ed this rebate

да

With regard to the investments, he said that they

consisted of 22,500 shares of £1 each, Es psid, and 425 deferred shares of £1 anch, fully paid, in the Chiness

Central

Railenya(Limited), And 25,000 shares in the British and Korean Corporati. The Koran Corporation has 20 for proved disppointing, the are, which as first was of s

very

high grade and of the caine of about £150,000, having bec

yia dest gold impoverished below a certain devel. The bares had now been written down to the valus of 25,000. The Korona Corporation had nother proposition" in view which it was hoped might prove of more permrnuut ebaracter. Mr. C. C. Macrae secorded the motion Mr. De Lirdle eberrod that in un old and settled country like China railways quickly became profitauls. Mr. said that from letters he had rearized Perry

CHIN HE PEPATELATION, from China he learned that there

Major Souly- Liverpool. Abercromby) asked disposition among the Chinese to provide up-to his Majesty & Government intended to optiune the Under-Secretary for the Colonies whether da'e water works in their large cities. wished to know whether this corporation wouldnt for the repatriation of Chiness is doul- ha able to under'ako

that slace of business d on lies at ther oan request out of The airman replied that, nes

had been were probably in a bolter company, the Imperial funds after i

givra-to-the-self-government other to carry out such work, and it would indeatured candies had left that country.

and is always liable to certainly be a great disappointment to the beard of Steto-aided repatriation of Chinese colics diflent and complicated, facts involved in the

Mr. Charebill-Tha institution of a

application. The terms of exist a aystem

ene include only the inquiry first into the it if they did not get a full stare of il.

They represented a sreat dent of finance, and would was designed to mitigate the objrations which

might

practice of giving rebates to particular clansas be urged against the conditions of Jusily capital for suck undertakings. The report was ready path of escape from theres conditions. shipping in Chindly injury the Britian unarimonsly adopted, and the propose lividend

Se lo

shipping, and to suggest rometjes. as those conditions prevail his Majesty's hough we laid that the late Governusnt wore of excapa

should be

preserved unimpaired, pau and there is no intention on the part of his M justy's Government to withdraw the support they hare given to the-m But the arrangements for terminating the existing system of Chinesa latrone the Trans vaal as expedi innaly as possible must bo con sidered as a whole when that Colony is sad wed with responsible government; and no siue part

of those arrangements can be determined separately in anticipation.

than

andoit-all the To vernicien Principle, which may to ratiost-

ሃዋ

of

legal ragulatious, is the primal element which 4 o'cloak-Back, G. L. Jatham, n.N.; Tbre have no difficulty in finding the necessary thoir employment, by stording at all times at chenta, seondly into the question whether i

Spacs forbids cur entering upon any extended quarters, LC Labour. . E. Feures, 1. 2.

explanation why the abovo is true, still | Lloyd and H. Hancock; Hadres, M. G. Jongbluut £5 per share, equal to 10 per cent on the verament would desire that the means remisa in not appointing sachs Com

it may not be amiss to briefly suggest that and I, J. Blackburn, Forwards, H. W. Laster, W. J. Daniel, T. C. Hall, P. W. Goldring

The following have been selected to play for *Scotland and Irland"-Referee J. Clark, Back. B. Johnson: Three-quarters, J. Me, Taylor, A. O. Lang, C. M. Preahex and J, G. Looky Halte; a. G. Fleming and C. B Down: Forwards, H. G. C. Bailey, Munro, A. M. Fraser, J. Haurou, A. N. Other, Holmes, M. H. Logan and Buckle.

we speak of quantity an related to the existing 11. M. Konda, A. Gange, R. M. Ranking, stock of each metal, plus all other current; and prospecticaly probably additional supplies

and H. F. Chart Rosorse:--A. Greenbit. of metals which are potentially money and They will play in whites. -paper-and-other substitates for money for thy money use is what gives their chief vaino ta thu precious metals. It is to be borne in mind too, that while the cost of prodne in alous determines the value of any orary con- modity, of which a practically unlimited quantity might be runde by mankind got this is not true of the precious metals, whose quantity in ant subordinate to the will of man for mines cannot be found or mails to yield metal in subordination to the wishes of men,

there are

Re subati tates fur gold Bad silver, whoo

every man en -at will produce

much 18

little as ke chooses, then, and not till then, will their valuo depard solely on their costs of production provided—the-previously-existing stock has ben lost or destroyed.

or

12

They play in colours. It is particularly requested that all players be on the ground a few minutes before 4 o'clock.

CORINTHIAN YACHT CLUR.

of the

Mr. Jacob in his history of the precious metals said “It is probable that ía all ages these metals (gold-and silver) have con more in their rases,

amount paid up, was also agreed to.

DUKE OF FIFE'S BENEFACTION.

DUFF HOUSE PRESENTED TO BANFF AND

MACDUFT.

Churchill added that the State-aided repatri- | In fur her answer to Major Seely. Mr thu on the part of the Imperist, Go erement) of the wil conditions out of which the pality was intended to his coincident with th arisence

originally arose.

peculiar duly sy upon the present since, with the rest of the free traders, contend that all apparent defecis in car national carrying trade-Et-is-true that the wealth-of- tala ca are made good by the jurors from the the nation depends on its m. robant chipping bardly less than its safety hangs on the Nary and for this reason wo should base ben gid to se some extension of the teras of refrence. The whole question of inter-Colonial freights is trade.-Globe, od that is of vital import to our Imperial

To this may be added the following from Commercial Lelgence:-

12, QUEEN'S ROAD CENTRAL

COMPLEXION

HANDS AND HAIR

Preserved Purified and Beautified by

uticura SOAP

The World's Favorite Emollient for rashes, blemisties, eczemas, itch- ings, irritations, and sca- lings. For red, rough, and greasy complexions, for sore, itching, burning hands and feet, for baby rashes, itchings, and chafings, as well as for all the purposes- of the toilet, Bath, and nurs- ery, Cuticura Soap, assisted. by Cuticura Ointment, the great Skin Cure, is priceless.

Complete External, aut Jaternal, Treat fre every Fun, fin Tirenler Scrotala,roup fufancy to Agu Combating Curleurs, Song, Galettet, und Ville mar N batterleb

care. Lond Drout & Bowery &

Per Drug & Chee Cam, Role Proce., on, Max. 15. M.A

Med Fees, Howto Cars for Skin,Bealp, and Fate:*

67-28

Glast month at Duff Hous, the Duke of Fife's To a meeting of the town cannells of the wtjoining barghe of Banff and Macduff held Bas faire resid-reo. the geverous offer [reported in our telegrams) was communicated

on Shipping Rings is an mple vindica ion of by His Grace.

The appointment of the Royal Commission "For many years," the Duke of Fife wrote, "it has been

our persistent attacks upon perhaps the most crys of regret to the Princess

dangerous of these moonuolius, the South fair market rate. Only upon this assumption Royal and myself that we have been unable to reside at nt Hons as much as we would have

African Shipping Ring. For some years past the absorption into the Rings of sny Commercial fatelligence has led the movement liked, and that be of greater service to the

ant strong competitor be explained. The shipping At the Cannon Street Totel last month the at home against that Ring, South Africa's companies do not day, we

biiave,

that their Locality. Indeed, this subj et bas often occupied Immigration Boart further considered the greatest incubus, and the final enquiry now rates are higher than would pravast it open our thoughts, and I wish now after some con- mass of the thirty-two Chin men who arrived

rated is the direct outcome.. inaugurated bring

IR make the following offer:

competition "ware on Nov. 19th in the Royal Albert. Docks on

ware enfora-d, the case of the South Afriosa Ring, was

wagonlend it is better for shipper have a high,

Ladies' race

IMMIGRANTS FROM CHINA.

but cantand that

sideration and con ultation with my wife to the steamship-Machuo When the ChinaWhat the Coleni:] Governmout's own.Comienion, but sieady rate than a finaiuating ow. There

THE COINAGE OF RUPEES

IN INDIA.

Dw.ob

The New Year's Day crais of the Hongkong Corinthian Yacht Club is likely to be che

“I proupee to ask the Towas of Bauf and we arrived in the Thames they informed (the Freights Conference), fully substantiated area thousand side su, bạt that is the mest interesting erents held on the Macduff to accent from me as a free gift the the immigration officer that they were going

Lize waters of the Colony for some time. The sign of Daft Heuss and that portion of the to Liverpool, where they were to not as oenka, upon to meet. But we have fully recognised asid that the opinion of shippers themselves the charges which the slipping lines are called gist of the matter and it only remains to great innovation is of course the motor boat

part immediately surrounding it, covering an laundrymen, and gracers' assistants. The pea the the Union astle and its associated linea on this vital point is almost unanimously Bres of about 10 seres. This weald Include were sed of amall sum of money, but and as the handicapping has been the gardens, stables, two ledger, and the rod altogether they ad bat Is bolween them.

ara by no means the only offenders, and the opposed to that of the Rings. questions at issue are of sich immense import. production than their value over repaid and if intrusted to a capable committee, this, their fer this gut with absolutely to restric! Liverpool making that Chinamen should be alee, that the prospect of a fall enquiry before

aloog the land comprised in the gift.

petition was rocsiv d from residents of the amount of human sufferings in the earlier first erout of its kind in the East, will be tape as to the manner in which it je to bo prevented from landing, as Lagir arrival was i

#ace, not only 10

10 British, but to Colonial trade ages of the world gɔald be reduced to a money ·watched with more than ordinary interest developed and mataved, as I am convinced the inimical to British interests.

a competent and impartial tribunal i is welcome valuation, and to them were to be added the The programme is as followe.

in the highest degree. The Commissioners evils derived from them by their dorongament on design class; ladies race, handicap class,bow to act for their material

the Corporations of the two towns will know

It was decided that the petition should not be have been admirably chosen to secure such na considered. of existing conditions in society, it waald visitors' rano, landicap class; non-bost owning as for the recreation and well-being well

enquiry. Indie, South Africa, Australia, and In reply to Sir Edward Sastoon, who asked A member of the board and that politics!ew Zealand, each have ore representative, the whether the Government of India in coining a become doubtful if the increase of industry mebers race, che design class; moter bost manity. If I can feel by this action that I bave deliberations.

of the concnsiderations couki not enter into their shipping interests have five, there are three rapes with the prerogative of sulimited bgai which at particular periods has been caused by it,

benz able to farther the prosperity and race, handicap, Prizes have been presented happiness of a community with which I bare Constable of Liverpool, in which be stated that there are ten official and independent" mem- 170,000,000 of theen coine at a

popular manufacturers in Sir Hugh Bell Sir tender, and is making a profit of id, each rupee: has been more than a balance to the misary they by the Commodore (Dr. F. Clark), Mes.rs. D. many long

Communications were read from the Chief William Lowis, and Mr. W. H. Mitchell, and whether there wore coined in 1900 over have occasioned." Mr. Del Mar in his own Templeton, E., Gibson, J. MoCoryanda'e, the romsining years of my life."

nd pleasant associations it will be difficulty fund been experienced in getting bars. In its chairman, the E ght Hou. Arthur greater than 3d, each; whether by similar means a posstant source of gratification to me during information as to the prospects of employment Cohen, K.C., the Royal Commission

Very history of the precious metals quotes the above J. Hands, A. W. Crako, A. MeKirds, and

Las an words of Mr. Jacobs, with approval as to their others. The officials will be: Judge, Mr. and the following telegram was sent to the the representative of the shipping company, who lonial representatives will be noted with great sach sovereign coinel: whether in the history Great Britain the Government has ever elon- The offer was received with great enthusiasm

of the Chinese immigrants.

able president, of whose impartiality there is no ed the English Mint to free cuicago of sover- meaning, and emphasises it by the following Melvor; starter: Mr. E. M. Haseland; time-Dako of Fife

Some of the statements were controverted by question. The inclusion of the Indas and signs, and has exacted a signerage of 48. per more forcible words of his own

keeper: Mr. J. Menk, and Clerk of the courne:

The

TOWE

neid that the language question had occasioned satisfaction by The gold and silver miner of to-day does not Mr. E. F: Gibson. The Commodors will hoist have received with great delight the intimation a joint moeting assembled within Daf House,

name does not appear. The Demi- which countiintes the unlimited legal tonder obtain from the world all that bis product costs his flag on the Vernon and the Vice-Commodore of yons gracious gift, which they, with express the men were to have employment, and if the sh's extent hy the existares of the Rings, which to su import tariff; whether silvor, the metal of The chairman said that a certain number of tion's Interests are jeopardised to a consider enr of the country bis over been subjected bim in time and labour. Far from it. The on the Nina Mr. Pepper has placed the sions of profound gratitude, enthusiastically aames tallied with some of the immigrants they are especially open to attack at the American the legal tender currency of British Indis, is

cold at once

he liberated, whilst further ports, and to competition with the pauper labour of his guests, for whose convenience a launch will Thy pray that every blessing may attend

preserve their monopoly are driven to prepare a suitable acknowl dgment sud reply. forefathers, with the slave labour of the feudal leave Blake Pier at 10.30 am, will be well the Princess ages, aud with the wisanguined but peculiarly looked aftor by the hon. Secretary and their Highnesses the Princesses Alexandra and Rob Stattuner asked how it was that one of probability be upen this point that the Rings 3 legal tender in India. (2) The profit

The representative of the shipping company shippers. No doubt, however, this aspect of the revenue tariff on gold and silver bullion

of Lodis; and whether & protective or Royal,

Reid it was impossible to identify the signatures case will be duly considered. The terms of the stablished orloy saysThe replies to thes

the your Grave, nd

of the raen with the names entered.af Hoog. reference direct patention to the India, Mr.

tjoy of the present Government of Maud. They further respectfully quest tho

subject of deferred gracious permission of her Royal Highness to

are as follows:-( The rupee the Caval Park being benceforth known as the Chinamon on the last occasion claimed sir will stand or fall. The rebate system is on the Princess Royal Park."

consine, and now claimed eighteen. If they absolutely essential to the maintenance of the silver coiling of a rupes at the present price of The benefaction was made the occasion of went on at that rate there would not be enough Binge as they bave been hitherto worked, and ber of

is alightly in excess of 3d. (3) The num great public rejoicing in the two towne, sad in

to go round. (Laughter).

they

rupees coined in 1906-01 Goolading the The shipping company's representative said trade combinations. he ides that the

of old rupees) was approximately Doune

and the profit on each rupee was after a design by the elder dam. The mansion

Duff House was built between 1740 and 1745 meant the bearing of a similar name, or erroneous, our columns showing that whooover!

members of a clar

of a clan in B province. contains ever seventy roome. The gardens appear before the Board. They were all respect-

It was then decided that the employers should of all has been called open to meet to the President of the Board of Trade. (8) the Bonth African Ring, the most powerful constituting a portion of the gift are extensively dressed and in several instances spoke forced to capitulate. The Binge, in fact, many other articles, of 5 per vest ad valorem.

Exchequer. and beautifully terraced, King Edward speat English fluently. They were accompanied by are not combinations to bapen the ocet (7) The Indian import duties are imposed for (5) This qucetioushould be adź zouted strong opposition, it has invariably been There is in India an import daty on silver, as on several day at Duff House in 1933.

a reprosentative of the Aelatie Christian Miesion. of working, but to ferpe up prices beyond the revenue, not for protective purposes.

Councils of Banff and Macduff, the difficulty of obtaining accurate information. Canada Imperialists, but we are sorry that of carreney in any country the money metal

ency

character of this product has placed him in May at the disposal of the committee, and accept. They have appointed a committee to inquiries would have to be unde as to the others, to give desperately low rates to America/day subject to an ad valorem tarif in the

cheap fruits of remote conquest. No matter Treasurer,

LATEST STEAMER MOVEMENTS.

whether his gold or silver cost him more or less than its astkot value, he must salt it at the valuo which is occasioned by the influence, of the stook; and the nature of the industry is snob (10 hazardous) as to render it impossible for him to make the comparison between overage cost and average price, or to govern his prodnation by the result. Hence, as a rule, he continues to mine the precious metals long after the industry

Mr.

it

will

is

are distinguished in this from or in excess of 4. (4) This question

The C.P.B. str. Tartar arrived at, Nagasaki | the avoning a bonfire was lighted on the Hill of that cousinship was different in China. It are zet open to attack is common, but entirelyld be addressed to the Cheneller of the

at 7.30 am, on Thursday, the 27th inst, and left again at 6 p.m., same day, for Shanghai, where she is dus to arrive et 5 am, on Monday, the 31st ist.

The N.Y.K. str. Aki Mara (American Line) ft Shangtai for this port on the 28th inst. and is expected here on the 31st inst