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BANKO

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INDIA, LIMITED.

THE

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THE HONGKONGE INWILTĄPRIES; THURSDAY, JANUARY BOTH,

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(INCORPORATED BY SPhotAL IMPERIAL

CHARTE

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Jel ***

PAID UP

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CAPITAL BURSCEIBED muzik) CAPITAL PAID-UP

Banemen...

LONDON JOINT STOCK BANK, LIMITED,

INTEREST allowed on Current Accounts at ibe rate of 3 per cent, per annum on the Daily balance,

ON FIZED ENTO:

For 12 months.

For 6

For t

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*BHANGHES AND·ÅDENGTIES:

J

aer

...per asnt, 9 per cent, **2 por cant.

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EVAN ORMISTON, Manager.

Hongkong, 9th April, 1997,

Y

THE

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CAPITAL FAID-UP. Yen 24,000,000 Rasazva. FUNDS

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HONGKONG-INTEERST ALLOWED."

On Current Account at the rate of 2 per cent per annum on the daily balance.

On fired deposits for 12 months 57 per annum

鉛

4%

25

H

3.

3%

"I

+

TAKEO TAKAMICHI,

Manager.

360

Hongkong, 25th September, 1907.

NEDERLANDSCHE HANDEL

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(NATHBULANDS TRADING SOCIETT). ESTABLISHED 1824,

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Correspondents at Macassar, Hombay, Colombo, Madras, Pondicherry; Calcatta, Bangkok, Saigon, Haiphong, Hanoi, Amoy, Yokohama, Kobe, Melbourne, Sydney, New York, San Francisco, &o,, ko,

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["

THE "TIMES” ON CHINA,

RAILWAY CONSTRUCTION IN CHINA.

PROVINCIAL DELEGATES AT PEKING, The Times" sorrespondent at Peking wrote On December 23-

here in one of the public halls to hear speeches Yesterday a meeting of 2,000 people wis held from the delegates from the Kiang-au and Che- kiang provinces, who, in deference to the wishes of the Us tral Government, have come to Fe king to stata the provincial oase against the conclusion of the foreign railway

loan for th extension of the railway from Sa chan, in Kiang- su, to Ming-pe, in Che-klang Tue meeting was orderly, well conducted, and well organized, The speeches ware argumentative, not inflim- story, and they were received with enthusiasm, The speakers insisted that no anti-foreign feeling inspired the agitation, but urged that the Central Governmoat could not be permitted without protest to disregard the wishes of the provinces in the future as they had done in the past, and grant cosessions affeting the ins terests of a provinos without consulting the wishes of the province.

education that, in being introdwood in every vy must of die Brulee, Pametrast with the past noemia: Mburb.hatever the ruling placem Discussing the afcuation in China, the Trakeray wishbalove, they cannot Indefinitely saya. ----Anti-foreign, feeling, sooma to be more ignore, the new aspirations and influences widespread, and, stronger in the Empire timerreloping among the people But time alone at any former period. This fealing is not the own show how far the Manchus are capable of old sumity inspired by arrogant conmpt doing, for Chins what the Mikado-sat his towards Intruders who seemned, to the Chinese enlightened advisers did for Japan. There mind, destitute of learning and bulture, and seems resson to believe that treable may be in- who disturbed the long seclusion and eattled #tors when the strong personality of the ideas and methods of Chinose life. The present Dowager Empress no longer dominates the distrust of and hostility to the foreigner is situation at Peking, : - largely on the growth of national spirit, und on jealous regard for national independanos. Some knowledge of the history of the last contary is spreading. The Chinese are learning of the gradual advanos of foreign interests and inaenos in the East, and of the manner in which the stronger nation of the world have established control · over backward and feeble races. There seems to be a genuine fear that the extension of Europos indaanos constitutes a serious danger to the welfare of the Chinese Empire. In pamphote distributed through the hand, and in native newspapers, stories are set forth describing, often in falas or exaggerated terms, the conlit on of the pople of Coolia China or Indis, ader European administration. Earnest exhortin are addressed to the Chinese people to roase themselves, to unite and save their country from foreign domination. Such warnings and appeals are found in the text-boks in many of the new schools, and the young students, educated at home or abroad, are most active and violent in fanning the fame of anti-foreign agitation. Every endeavour is made to prevent or thwart the execution of any foreign enterprise in China. In several provinces con cessions are held by different nationalities for the building. of railways or the working of mines. Most of these concessions were coquired towards the end of 1st century, when Chios was the areas of international rivalries and jalousies, and when caoh Fower wished to establish a claim to as many advantages s possible, in view of the possibility of the disruption of the Celestial Empire. Since that period however, conditions have changed Above all, the victories of Japan have disturbed the stagnant ourrents of Chinese national life, and a widespread and vehement campaign is being carried on for the recovery of Chinese rights and interests. The opposition to foreign andertakings, such as railway concessions, is, of course, extremely unfortunate from the point of view of those who have risked However their capital in these enterpris much one may sympathise with the aspira.. tions of the Chinese, it is impossible to view with indifference. the setting aside of such obligations as have been definitely agreed upon HONGKONG AND SHANGHAI Andringstor rament is willing, under pris-

the Peking Government: sure, to respect and to carry through its pro-recognizing the provincial grievance, mast, for the credit of China Berself, hoid the Centra! 0,000mises. The most formidable opposition is en-

nonatared in the provinces. Wherever there is Government to its obligations, leaving the a question of any foreign enterprise being Central Government to settle its own dispute

with the provides, curried out, the people of the place oli meet- inga in protest, open subscriptions, draw op petitions, and launch threats. Now and then an enthusiastic student commits suicide in order to stimulate popular frenzy. In fact of such exhibitions of festing the central Government flads itself in a very embarrassing position. Its difficulties are increased by the existence of anti-dynastic fealing. The party that aims at the expulsion of the Manchus endeavours to win support by alleging that the nation is being betrayed by its rulers to the foreigner,

LIMITED,

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No. 8, Queen's Boad, Central, Hongket ge W. M. ANDERSON,

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+

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A. KOEHN,» Manager.

Hongkong, 4th December, 1907, 24

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HONGKONG-INTEREST ALLOWED.

They emphasized the fact that the delegation thus summoned to discuss the question, was the beginning of provincial representation, in the ospital, and possibly the forerunner of

l'ailiament.

Considerable ignoranos was displayed ·re- garding the terms of the loan, which the Wai- wa pa thamiselves admit is most favour able to China; all the Chinese sovereign rights being safeguarded, the Chinese being permitted, and even welcomed, to buy bonds on the same terres se all others, the line being built and sion of construction and expenditure, and the controlled by the Chinese under foreign supervi Has not being mortgaged as scarity. The terms are identically the same as theas of the Tian-tain-Chin-klang railway, character for obaracter.

The British Government have been patient and reasonable. Their wish is to see the railway conetrusted, for ita mastruction will strengthen and beredt both the provine. Foreiga opinion hore is that the British (2 warnment, while fully

Dəcembər:24.

An Imperial Ediot-issad to-day in the nam of the Dowagar-Empress rapes the dire of the Throne to hasten the installation of con- stitutional government, but there is evident concern at the dimensions which the agit- ation against the Chakiang foreign railway loan has assamed-both in the public Press and in public speeches, The Edit threatens that, should the irresponsible agitation con tinu, the installation of constitution d government will be further postponed. The If the violence of the new national agila. Edict condemas the spreading of ignorant tion is inimical to foreign interests it reports and the dissemination of faleshoods in is also prejudicial to the development of China. For the progress nad reorganiseerion both with interest and foreira wira, as calculated to inflems the people and bring tion of the Chinese rac3, nothing is disaster. Should met conduct continue the more important than the rapid multiplication. of railways, which will at once open ap and bind

No reference is made to the foreign lóni together the vast territory of the Empirea and itself, but the reason of the Ediet in obvious to dissipate provincil and local feeling. The every one. At the a time the Wai-wa-pu Chinese themselves now recognise the value of has begun the issue throngs the Friss of u railways, and in most provinces associations official statement of the we loan di putė-au have been, formed to promote their construction. Igual proceduce-summarizing the negoti- So far, however, these efforts bave met with

punishment will be severe,

On Carrent Account at the rats of Two per little practical result. By themselves, Chi-ations from 1888, which will kasp to correct the cent per Annum on the daily balance.

ON FIXED DEPOSITĄ.

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J. th. SMIT

Chef Msnag.OT Hongkong. 17th January, 1918.

10

HONGKONG SAVINGS BANK, THE

HE Business of the above Bank

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Samarang, Indramajoo, Bandoong an Weltevreden. T CORRESPONDENTS at: Cheribon, Tegal, Pecalongan, Macassar, Pontianak, Padang Medan, Penang, Rangoon, Calcutta, Bombay, Madras, Colombo, Karioki Djeddah, Bangkok, Saigon, Shanghai

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PISCAL PARALLEL BETWEEN INDO-CHINA AND SEABÉ.

erroneous reports so widely circulated among nese cannot raise the opital they require for the natives. the various_lines, nor have they, as yet, the engineers to carry out the work, Association. for industrial or commercial progress has been hitherto hindered in Chids by the distrust which the people fest of each other, and especially of officials. A few Chinese have been trinel abroad agengineere, one of whom is now suORDER. fully building the line from Pexing to Kalgat. But, for the present at loist, it is certain that refaeal to accopt external assistance will retard railway development at a time when it is most needed. The Chinese do not: seem to realine that it is possible for them to arrange agro- mente with foreigners, which will preserve Chinese control over the railways, and provide for their complete restoration to China at a late date, and which will enable the construction to be carried out with a degree of colority and effoiency anattainable by native management. It is to be hoped in any case that all questions; that arise may be amicably settled. Buth from the standpoint of the Chiness and Western uations it would be deplorable if the pace of the Far East, which international agreemente have endeavoured to secure, were to be disturbed by a recurrenea of serious "tronbla between ibe Chinese and foreigų, races,

At the meeting of the righ acil of Indo. China on Dostabu, M. Bas, the Governor- Gon-ral, made much of th fast that the fioanoes of the Colený had so improved as to show a revenue increase of ovar, fourteen millions of dollars on opmparing 192 with 1977. But pessimists found no satisfaction in these gares, on the ground as they simply mount that the people of the Colony were ovarlarid, To silence then, the Governor-General draw a fissal paralit between Indo-Chins and Sism to show how at wore off were the iqbabitanta of the latter country,

To enforos the point, he dwelt upon the fast that Siam draws a revanna of over 50,000,000 ticals from a papalation, estimated at about six millions. The collective budgeta of the countri's which make up Indo-China amount to $51,850,000, raised from a population sumbering 15,800,000. These figures show that the budget charge on the people of Indo-China comes to 83,26 a head, agsins $6.56 a head in Biam. In other words, the Siamese are taxed twice as much as the Indo-Chinese.

[M. Bean assured the Connoil that these gares form the best answer to those crities who were never tired of reproaching the Gov. eroment of Indo Cains with the burden soms weight of the taxes under which the Colony is alleged to be crushed,"

At present the Chinese are certainly passing through a most critical period of their history. While they are inspired by a most jealous regard for their tights, they have not yet acquired the strength by which alone their demands can be maintained in the last resort. That the awakening of China bas began seems beyond question But it is as yet impossible to say what will be the result of the new spirit that is moving in the race, or what length of time must elapse before the process of national reorganisation can be carried out. Rapid as the

RAT FLEAS AND PLAGUE. advance of Japan has ap eared to be, it in necessary to remember that some thirty years"

The Straits Times sage "now it is recognised elapsed between the Restoration and the time. when she attained a position among the Grast that the ral transmitters of the plague virus Powers. In the vast territory, and among the are rat fag, which bits huma bhaings.

The advisory onmmittee appointed by the dense population of Chins, the necessary

Secretary of State for India, the Royal Society, changes and reforms are hardly likely to be com pleted in a shorter period. As yet, too, the faten-nd the Lister fratitute found that rat se do be demons- tions of the rulers of the Empire are somewhat bite human beings, and it seems auveriais, Number of decreas, apparently inspired by most progressive sime, have been issued and continue to be issued, but the fervent expression of enlightened desires seems to be compatible with indifference towards urgent meneures of reform, and with hostility and

trated beyond the possibility of doubt that, although in som instances, infected food may possibly produce the disease, yet flens are the msin instroment of disseminating the infection of plague. In places where they are found in rge numbers a midus sxiate where plagas once

INCORPORATED ET ROTAL GHAFTHz, 1859, Brussels: BANQUE DE PARIS ET DES PAY obstruction towards the advocates of progress, introdused may become more and more virulent,

HRAD OFFICE LONDON.

FRED OF CAPITAL...................... £1,200,000 BAVÍ FUND...

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Os Fixed Deposits for 12 months 4 per sant

for. 6. for 8 JOHN ARMSTRONG,

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Hongkong, 7th January, 1908.

BASÚ

Vienna: UNION BANK,

Bomo: BANDA COMMERCIALM ITALIANA

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IBITORE TE CANTON Should purchase FROM HONGKONG TO CANTON, BY THE PEARL RIVER.”

CAPTAIN C. V« LLOYD (88. “FATEHAN "

With Illustrations, Maps and Plans,

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BY

Possibly the Court fears the danger of rapid and, spreading lise wild fire along railway lines, changes; possibly it wavers between the advice may overspread the country. of the reformers and the warnings of the rØRD- tionaries. The forces opposed to-innovation, both from genuine and interested motives, are numerone and powerful. Whether a radical departure from the ancient methods of admials. tration is advisable is, perhaps, a maiter for doubt. A system, that has for centuries kept together the largest aggregate of buman boings- On Current-Amount at the Bate of 3% per in the world, cannot be destituts of rollent

qualities, End

must be well sdspted to the fastes sanam on the Daily Balances.

and wants of the people. The most necmisry reform would sein to be a change in the spirit in which the public services are administered. Possibly this change may be produced by the growth of patriotim and by the new

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On Fixed Despoist: 12 months 4% per annum.

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do. J. BOETJE Hanager. No, 16, De Vax Road Central

176

201

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