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1HE CHINA MUTUAL LIFE INSURANCE CO., LD.

ANNUAL MEETING,

The tenth annual meeting of this company was held at Shanghai on May 28th. Thers was a large attendenes of shareholders and policy holders, Mr. B. Macgregor, Obsirmau of the Hoard of Director, presided, and the athur Directors, Mesars G. Stepharius, Lee Yang-gu and A. J. Wattia were also present,

The Chairman Gentlemen, The directors report which I have the honour of submitting for the approval of this meeting, and which with your permission we will take a read, is of special interest, for, as stated in the report, it represents the position of the affairs cf the company at the end of the first decade of its existence. If the dats had been available it would have been interesting to have been able to maksa comparison between the older established Brilish and American companies, and this company at the same period in the existence of each in those items which best illustrate the progres a cnm pany in making, such as fcial business in form, total assets-insurance fund and income. We available each data for the American Com.

have

THE HONGKONG DAILY PRESS, MONDAY, JUNE 9T#, 1908

THE KIANGPEI TING COAL AND.

IRON MINING CO., LD.

The third ordinary general meeting of share holders in this Company was held at Bhongbai on May 29th. There were present Masers. E. C. Fearos (Chairman), and E. Jeuner Hogg, directors, Messrs. J. M. Young, T. W. King smill, F. McBain, A. Hide, L. Katz and B. Paterson (Acting Secretary) The number of shares represented was 3,197.

obtainable or first olaas sécurities in Shanghai, as compared with that which home companies can abiain on securities of a similar class. As all investments of the company are subject to the approval of the directors, I take this opportunity of assuring you that the greatest care is sxercised in the selection of investments, and that such care has always boun exercised is evidenced by the fact that in all the ten years of the company's history, we have no record of any loss having been sustained on account of investments. We have now nearly

The Chairman said :-Gentlemen, the report four million tsele invested in securities, all in Shanghal, with the exception of ons mortg and soccante having been in your hands for ge in Hongkong. As we all know, the greater some days I will with your permission take You will notice that the part of each premium paid for an endowment them a read. policy is in the nature of a deposit which company's books were closed at the end of has to be accumulated at interest to pay January owing to the fact that at the the policies as they become due. Itla, therefore, mines it had been found desirable for the obrions that the rate of interest earned by a present to adopt the Chinese calendar. The company on ite investments has a very import-pariod, therefore, under review cousit ts ant bearing on its generel progrese, and parti- of eleven months only, instead of the usual onlary on the amount of profits it is able to twelve. With regard to the accounts, it is divide among its policyholders, I am able to stata somewhat disappointing to all of us that better that on March 31 last the company's principal results have not been achieved. The loss, how investments were as follows-first mortgage however, of Tl. 6332,01 is in a very great measure due to the increased fixed charges at on real estate over Tis. 1,609,00, earning an average rate of interest of 7,91 por company's nears' salaries, coupled with the heavy cost of 2,01 cont: loans the mines, Chinese Dizotor salaries, Engi to policyholders on the security. policies, The $10,000 at an average rate of fog pople rage, tot mish mouse to the rn the mudriky rates of freight consequent on the marcity per cont: Stock leats of Tla. 23,000, bearing

"Di of

f janke obtainable for down river shipments. 8 per cent; Municipal and Company rate of 6.20 per cent, which is an exceptionally unduly heary with a larger output, but until high rate for this class of security, and stocks better facilities for carrying the cost from the owned amounting to Tir. 388,000, on which wines to the river bank prevail (and this remit will, we hope, be achieved on completion of our anual dividends are paid at the rate of 10 per cout. I think, gentlemen, that as regards the two fost gauge railway, to which I shall refor later) and a cheaper rate of freight important question of interest earnings we can safely oballage comparises with any other life insurance company in existence. I have much plansare in seconding the adoption of the report.

Applause.)

of

the Chinese officials are raising objections to the Company's application on the score of priority of native rigāta, to mine at this spot. I have had a latior from Mr. Stenhouse dated May Jon this point in which he states:-

"It is proved without any doubt that no work has been done there (at Shihningow) for some thirty years, antho natives got held up by coming on water and when I went oror there with Mr. Wilkinson last autumn, there was no sign of anybody working in the neighbourhood, Now, since We put in an applisation to open there, a few men hava began to soralch at two old sdits and we are met with the objection that a company was formed thres years ago to work coal there."

Now, Gentlemon, this a ches of further definite and distinct obstruction on the part of the Chinese, while the Taotai we have, beon informed by wire, will not set, on the pretext of popalat disturbances. This last action of the Chinese authorities is ons in which we must same a firm attitude, as it is in distinct violation of one concession doad and such prelext is untenable. Is common parlanos it is an attempt to "jump our claim." Now it h boen your Directora wish all along to work throughout the past year amply proves this. Our movibly with the Chinese officials and our action boring pad this; respect, however, has to be considered conjointly with our duty to the shareholders in the company and the protection accounts had been made up and the financial position of the Company accurately ascertained, your Directors came to the decision that the mines actually working at a loss as at present, it behoved them to stop mining more coal until the pro.sat negotiations are satisfactorily on-

panies only and it has been found that of features, Tie. 1,106,000, realising an average The fixed charges at the mines would netappear of their inlarents, să that as soon as the annal

Amorim Companies, including all the largest and best known, only four bad progressed as rapidly in the same period as the China Mutual and were able to show larger roenlle in the four items referred to, and not

one.

new

The resolution was then put to the meeting and carried unanimously,

The Chairman then proprsed, Mr. Wattie | Of this amount we have sold locally in Chung- tion up to the year 1905, a matter which is

Mr.

alante I foot, gentleman, the Chinese treat. of asin raising numerous obstenotions that we have had to deal with, coming as they have one after the other since the inception of the Company, is, after the hearty and genuine support given Mr. Tattle in former who managed the mines without the least exceedingly dificult to understand. In con- clusion, I would say that with your support the Board in no way wish to shrink from their respon-ibility until we have received satisfaction at the kauds of the Chinees Government and moreover intend to most opposition by every means in their power in the firm belief and hope of altimate snovess. With these remarks I beg to propose the adoption of the report and sooonata, but before submitting the proposition shall, he pleased answer any questi ns to the best of my ability.

Mr. Kingsmill said that what the Directors had done was entirely in the interests of the shareholders. The obstruction to the mining. was not raised by the people tremselves, but it was a result of a feeling, which was becoming prevalent more or less through the whole nation and he had no danbt as to who were the instiga-

tion to foreign enterprise was tore of this attitude of the people. This opposi general movement unfortunately going through the whole of the East and it required to be doalt with firmly and should be put down ance and for all time. He thought the Directors of this would allow. In first instance 1othing was too good for the Company and its work- ing was approved by the people selves. It was not until a number of the so called anti-foreign party cams here and went up to Chungking that this opposition to the working of the mines-by this Company

AUSTRALIAN

CAWARRA CLARET,

HOCK

AMERICAN

CALIFORNIA CLARET

ZINFANDEL

WINES.

PER DOZEN PINTO $7.50

WINES.

$7.50

PER DOZEN PINIS $2.90

$3,40

H. PRICE & CO. LTD.

WINE, SPIRIT & CIGAR MERCHANTS,

TELEPHONE No. 135.

Hongkong, 3rd Juno, 1908.

INDIAN ITEMS.

The returns published on May 18th show that the Indian Opine Revenue wis twenty- two lakke better than the estimates.

12, QUEEN'S ROAD CENTRAL.

($5

PIANO'S

OF REPUTE

A European Piscicultural expert appointed to assist Bir Frederick Richardson in develop.STEINWAY

agreement ing the Southern India fisheries has been en- gaged on a five years'

The marriage affanged between Captain John and Misa

BECHSTEIN

Excellency the Viceroy's House, BRINSMEAD Massy will take place in Simla in Jane.

Seven hundred return omigrants came back RACHALS them savings to the amount of £13,000 starling. WERNER

Colonel Tritton, commanding the 10th Wel lesley Rifes, whose death was reported, or the ALLISON. 1st alt, was travelling from Quetta to Hyder abad (Bind). He dined at Bibi, and was found dead at Ruk station, enspended by a towel from

to India frota Fiji in May, and brought with

hook in the bath room. His body was brought to Hyderabad and buried with military honcurs."

AND

Other Renowned Makes.

THE RACHALS-AUTO

THE ALLISON-AUTO

The second instalment of April's output of gold from the Kolar Gold Fielde to the valuo of Rs 14,84,539-11 was despatched to Bombay for shipment to London, each mine contribut ing as under Mysore Mine, Rs. 5,51,595: THE ONLY PERFECT PLAYER-PIANOS Champion Reef, Rs. 3,97,635, Nundy droog, la 1,30,684-15; Oorgganm, Re. 1,98,84);

INSPECTION INVITED Balaghat, Rs. 92.238-12 and Tank Block, Ke. 13,540,

The following telegram was, addressed on the 12th alt. by the Viceroy to the Segretary of THE State: There was little rain during the week except in Madras and Eastern Bangal and ROBINSON

Agasm

bas exceeded Tle. 6,100, the total income for the rooms suffled for the Head Office staff, 12,5100 000 sin to bo one to on soppunt of Company had the feat fast across relief works, but this is confined to a few die PIANO CO., LD.

Mr. Stepharins then proposed; that the retiring Director, Mr. J. A. Wattie, be and he is hereby re-elected a director of the company,

Mr. Lee Yang-su who spoke in Chinese, said Gentlemen, I beg to second the resolution. I take thin opportunity of saying that all the policy bolders and shareholders are to be congratulated on the continued successful progress of the company as shewn by the last DB report of its affairs. It is now a very large and well established company, but as I have been a director since the foundation, I have seen it grow from the beginning. I remember the times when the staff was very small and the number of applications fow. But its progress has been very rapid and where once two small now it is necessary to erect one of the largest buildings in Shanghai to furnish accommodation for the the

As a representative of the Chinese staff. policyholders, I am glad to know that maoh of the success that has come to the company has been due to the support given by the Chinese. In the early days by far the greater part of the paljoybolders wers Chinese and I am very glad to know, that their confidence in the company has been well-merited. As a member of the Board of Direstore I am familiar with all the company's affairs and can confidently recom mend all my Chinese friends that they could not select a better company in which to insure their lives than the China Mutual, which is well and economically conducted, and whose profits must be large. (Applause.)

necosaury

The resolution was then put to the meeting and carried with nosisnation. Other specches dealt with votes of thanks, slo

THE MARINER'S COMPASS.

A POPULAR NOTION DISPELLED,

to Iohang are obtainable a larger turnover at present seems to your undesir

During the eloren months under able, review we hava mined 28,118 tons of coal, plas stock taken over from the old collieries of 3,825 tons, equals 31,941 tons in all. king and district some 8,500 tons and shipped 5,600 tons to Ichang and Hankon. Our stock on the January 31 last being 17,830 tone of we had 2,299 tons at Tohaug and 203 whio Hankom, reprosasting cost of Tha 53,284.99, the largest portion of your stock vis 10,856 tons being at the mines and taken into stock at a mining cost of Chungking Tls, 1.55 per ton. With regard to your other assets as shown in the roport any writing off must be oorsidered when we show proft, which of course terms of the concession, The Railway account has to be dealt with in accordance with the shows a sum of Tis. 30,119.91 being the expenditure in cont exion therewith up to January 31. I might here mention that your Railway plant for eight miles has been imported and has by this time been delivered in Chungking without any accident of moment up the Tangtse gorges. Pisnt Account as detailed in the report shows the cost of fools, trolleys, pumps, ventilating fans, drills, etc., monoting to some Tls. 10,250.00. Other items on this side of the account I do not think all for any further comment on my part, Terning to the liabilities, it will be noted that some Tis. un; aid calls. Since closing our books the sum of Tls, 14,040 have been collected, leaving The 95,470 still unpaid. Your Directors are making every endeavour to obtain payment of this sam without going to extreme measures of the law. I will now as briefly as possible outline the history of the Company since I had the pleasure of ad- dressing you a year ago. At that time wre wore witheat the morricos of an engineer at the mines, but I am glad to say that we have been fortunate in engaging Mr. M. H. Wilkinson for that post and he took over charge of the mines at the end of last October. Frevious to his arrival, however, the Chiness officials made it very evident that it was their intention to practico arbitrarily every exaction possible in re- gard to the lease, particularly with regard to the clause calling for the arrival of mining machinery at Changking by the end of the last. Chinese year. To this year Directors replied that with out the advice of an expart on the spot the sap ply of any mining machinery appears to be premature, but that they were prepared to im port the rallway plant forthwith, although it would be useless till the railway bed was well advanced, provided that the Chinese official would on their part grant permission and proper facilities for the constuction of the line. This the Chinese wors not prepared to do, bat in or der to show their willinguens to fall in with the far as possible your wishes of the Chines so Directors

the took

advice of their consulting engineer, Mr. Wallace Broad, and ordered such plant as he recommended as most likely to prove of service at the mines in the near future. At the same time on the advice of Mr. II. H. For, B. M. Consul-General at Chengto, the machinery and materi-1 for sight. miles of eft ganga railway was ordered as he (Mr. Fox confidently anticipated that hindrances on the part of the Chinese authorities, would be withdrawn by the time the material arrived; in any osse it was certainly hoped that work on the

began.

the-

The following resolutions were then put and carried unanimously.

Proposed by the Chairman, seconded by Mr. E. Jenner Hogg: That the report and accounts as presented for the eleven mouths and ng Jan. Proposed by Mr. J. M. Young, seconded by 31, 1968 be accepted and presed. Mr. L Kats: That Messrs. E. Pearce and E. Jorner Hogg be re-elected Directors of tho Company.

Proposed by Mr. J. M. Young, seconded by Mr, T. W, Kingsmill, That Mesare, Lowe Bingham be re-elected auditors to the Company for the ensuing year,

The Chairman thanked the shareholders for their attendance and assured them that in the coming year the Directors would do their best for shareholders and keep firm,

Mr. Kingsmill proposed a vote of thanks to the Chairman and Directora of what they had done during the seconded, and the Chairmat Frooman McBain

replied briefly..

In the United Provinces, there has been an increase of 22,000 in the anabors on tricts; and the numbers on gratuitous relief are decreasing in view of the approach of the cultivating susECH, Steps are being taken to aubstitute village works for large public works iù other but the dances. Conditions are unchanged stood that the scheme has bean referred to the

for relist continues to increase, the rise in cambers being greatest in Orissa.

Hongkong, Trd June, 1908.

British postal officials in London, and to the principal offices of European Postal Union countries to ascertain what support the latter will give. re-

Mr. E. Shearer, Agri-Horticulturist at the Pass Research Institute, in the course of a view contribued by him to the Agricultural

CHINESE PRINCE'S CLAIM FOB WAR: LOSSES. Journal of India," writes-It we compare the agriculture of Japan with that of India, we have, of course, to deal with conditions,

St. Petersburg, May 2nd. which in many respects, are widely different

Thus there can be His Imperial Highness, Prince Shissi Fun in the two countries. no doubt that Japan owes innob of its pro- Injangvin, has (according to the "Russ") pre- sperity to its wonderful climate. No country sented to the Russian Government a claim for aan better than Indis appreciate the advantages two million roubles in respect of damage done of a rainfall, which, while assured plentiful, and by the Russian troops when retreating from wall distributed, is seldom excessive. in Indie, Mukden during the war with Japan. The when the season is really favourable, surprising Prince sets forth the details of bis olim in a ly good crops are to be found even in di riets long leitor, and says:---

In their retreat the troops barsed three of where the land commonly grows two drops a year, is indifferently tilled and reegres little ory stone temples, ornamented with valuable no manure. Crop yield in tracts which are in wood carvings, and shree centuries cld, as well dependant of rainfall, through being commanded as two housor, despite the protests of my agents. by irrigation, compare not unfavourably. With The buildings were completely destroyed, toge those of Japan. Again, practical certainly of ther with three golden gode, čach, 14 feet high, good crops, if it sometimes sooourages careless-covered with pere gold half-an-inch thick, six Dess and laziness, equally often serves as an golden candlesticks, six altars, 15 terra-cotta incentive to good analmadry, On the other vares, and 20 gods, Further, tenants on hand, the soil of Japan is probably naturally my estate had stores of straw, wood, and provi- loss fertile than that of large tracin of India, sious, and seven houses burned by the Russian I ask that two million roubles the boldings are smaller, and, on an average, soldiers. ... probably pay more in the shape of assesment shall be paid to me for my losser, that my ten and rent than is common in India.

ants shall be compensated, and that, the persons responsible for the destructior shall be punished."

Company bad accumulated as large Insarauco fand gousisting of reserve and surpins for the security of policyholders as bed this company in proportion to the smobat of business in fores. The report of the past year shows substantial progress in every re- spect. The new insurances applied for establish a new record and amounted to $9,103,845, There are many older established companies, both British and American, who would be proud of goocnded, and it was carried unanimously that such an achievement. In spite of the continued a dividend to shareholdere be and is hereby in business which is very widespread, colared at the rate of Tls. 1 por share, payable depression indications that the rolurs for the half-yearly on the first days of July and January current year will certainly fall behind those for L. Knor proposed, Mr. G. Mooser the year under review, and I am glad to be able to state that our new insurance for last month seconded, and it was carried unanimously; that smounted to the splendid total of $1,172,100 the firm of Messrs. A. R. Lenke and Co, be which establiskes:

record for aud they are broty slepted auditors for the the insurance secured in any one mouth opening year. of the companys history. There is an eld raying that nothing succeeds like success, and the strong financial position attained by the company in such a comparatively short time has well established its prestige with the insaring public both native and foreign, Throughout the whole East. Our total out standing inearances as at the 31st March amounted to upwards of Tis. 22,000,000, a record which, as I have liave already pointed out, is; for a company 10 years in existence, almost unique in the sazals of life insuranen in moving the adoption companies. Last

Yeat of the report I was able to state that our income was nearly Tla. 5,000 for every day in the year. During the past year the daily losome your boing Tls. 1,977,896. It is worthy of note that this income is within Tls. 6,000 of this entire ordinary revenue from all sources of the International Settlement of Shanghai, which, according to the Municipal Report for the past year, was Ila. 1,983,432. I have to announce that since the date of the last annual mesting Tory important legislation has been enacted by the Hongkong Government affecting all in surance companies organized under Hongkong ordinances. The generel effect of the new legislation is to secure a very complete return for official publication of the affairs of each company, and to require a deposit of approved securities of not less than $200,000. The com pany has complied with the requirements of the new law, having submitted the required stale mente, and depcaited scourities to the extent of Tis. 200,000, which is over $60,000 in excess of the necessary amount. A very gratifying feature of our business in recent years is the large and ever increasing number of foreigners who are Insuring with the company. Many of these return home after after, a few years' residence in the East, so that it became Zecessary to appoint collecting agents in Eng- land and on the Continent. The company was fortunate in ronring for this purpose the well-known firm of Messrs: Thomas Cook & Son, to whom premiums can be paid at any of their British or Continental offices. In the interests of our policyholders residing at home, and for the purpose of a strengthening our "Home" connections, the direators have recently decided to formally register the com- pary in England and make the required deposit of securities, mounting to £20,000, it is not

Commenting on the anarchical outrage, the the intention, owever, at present to solicit

"Jeme- Jamshed" of Bombay says To our in- new business a Great Britain or Europe. The popular notion of the compass needle though this action on the part of the company always pointing north and south is well, more

Mr. Henry Louis Bischoffsheim, the well-finite shame, we have to admit that perpetratora of the dastardly deed are Indian and the will pave the way for the establishment of aclive

inncourate than even popular notions usually

known financier and philanthropist, who died on agencies for this purpose later on if it should be are. Even under the most favourable conditions

March 11, left a fortune of £1.613,383 in addi- shocking news of the abhorrent orime, has considered expedient to do so. In preparing a there are only certain places upon the surface

has attached a dark stigma to the political or view, and a plausible reason on be found movement in India, which can never be effaced for everything, it is curious how we fall back on illusions to amuse us. When the conjurer English authorities, it was necereary to adopt point north and south, and it is quite safe to

the year. This machinery and material arrived bring the value of the estate up to £2 009,900. In this case the duty payable will amount to

Every-trus Indian deeply sympathizes with the really dealt in the bleek art, could make things the English eysiem of showing the accounts. say that such conditions are never found on in Shanghai last autumn and was despatebed up £25-1000.

will A slight change will therefore be noted in the

river as soon as possible and is now I am glad to board of any ship But we must go farther

The executors of the are Mes: anforiqnate bereaved family and looks upon manner in which the accounts are submitted and ray that to more unfavourable position my at Shintsekou the riverside termins of the Bischoffsheim, Sir

Ernest Cassel, Dr. the anarchists with haired and abhorar sad disappear at will, there was real foar in the heart of the onlooker, and men flad before If the political movement in this witch or wizard that was ou familiar terma this in the Report before you, though the

could be found for a compass than on board of proposed railway. Mesutime negotiations for Edvin Freshfield, and Mr. Charlos. Alfred reace.

tanoh devilish with the devil Macbeth's witches were real and same information is given as in previous years.

a modern steamship, which is a complicated permission to construct the line were proceeded Holdschmidt. Provision is made for Mrs. country lads some fends eternal shimo horrent, and only the man of strong will or keen The item, Insurance Fand, appears for the first

mass of steel, all feeding to draw the compass with, but owing to the procrastination of the Bischoffsheim lo receive an auntal income sets, all we can say is

on ach a movement." If half of what bias desires could so held his fears within bounds as time and the amount of T's. 4,999.968.88 net dle from its allegiance to the magnetic pols Chiness: Officiels I-am not yet in a position of 282,000. Mr. Bischoffabein left his residiary buen diss.coed is true, it is enough to make one's

to witness their orgias, or seek to penetrate under this heading represents the notant of the earth, warring influences which must

estate on trust for his two daughters, Ellen,

blood boil with indignation towards the their mysteries, We laugh at the fara of our funds held for the security of policy needs be counteracted by all sorts of devices to siate that the warrey has yet been com

plated to their satisfaction as notting but & Countess of Desert, and Lady. FitzGerald, wife holders to meet death claims, matured endow.

which hedge round the instrument by an invi-minute pegging out of entire route appears to of Sir Maurice, FilzGarald, the Knight of Extremist Indian politicians who compared the forebears, but half a oratury ago, Bat we do ments and for houses. As the report states had

And as if this were not enough, there are now negotiations which are as yet unconcluded Kerty, for life. Lady Desart recejvcs one. Indian Gavernment to the Raseias Government so with a semi-consciousness of there being sible wall of conficting currents of magnetism. meet their wishes. During these protracted

and who have themselves now adopted the mode acmet bing in it. The this item been shown in the accounts for last

unreasoning animal spirit fourth and Lady FitzGerald three-fourths. Mr. Jear, a very substantial incrosse would have been

huge dynamos

to be reckoned with, producing might state that the Chinese gentry of Saschen Bischoffsheim stated that the apportionment in of Russian Socialists in dealing with Govern-

to the touch of fur or the coil of snakes mystery noted, amounting to over three quarters of s

for all sorts of purposes on electric current

that does not lie in what we all recognise on million Tasks. In conclusion I can congratulate board. In the midst of these mystio currents expressed the wish, through the Viceroy, that made not from sur difference in section, but ment. From Extremist to Antechist has been that raus back to primeval times and imparts

they would prefer to build sad

BAY the bareholders and policy holders of the com-

and Lady Desert had none.

On Lady Fitzing the attempt to wreck Sir Andrew

Mr Allen, and train, the murderous assault on pary on the progress made during the past year,

back that makes our most fearful dreamg, tore at rst sight were rather adverse Gerald's death her share will be divided among

a preoipice, or from aurpassing that of sny previous year, and on the

to this, it was so strongly put forward by our her children, chonld Sady Douart die childless, the attack on the Bayor of Chanderurgore, the those of falling over

artis'e proceeds to describle the plot against the excellent fin-ncial position the company has

Chungking Board, that it was considered her one fourth of the rexidnary estate will life of Mr. Kingsford and says here is no doubt 19 great height, falling with fear and horror that cumulate until the half awakened achieved in the ten years which bare passed

advisable to consult the British jaister on the to Lady Fitzgerald and her obildren. Babjee,

as your Beard in no way wished to not since its inception, a position as far as can be as.

sense tells you that it is only a dream, and Mr. Bischoffsheim had by his will latt 1 per that the perpetrators of cortained scarcely ever exceeded by other life in.

in contravention to the Coursesion, whisk the st. of his residuary estaba for charitable par- their accomplices will be awarded the fall that instead of the annihilating orash will come Burance companies in the same length of time. I

had no right to do. The British Minister, Bir/Posee, but in a dodicil ha revokas the bequeat, penalty, bat," the Fame" hopes that the leaders the soft half-conscious feeling of pillows and Chinose Authorities might at any time say we shall not enlarge further on the variona items in

stating that he had given all he intended to give of political parties in india wall comforted fasther bed. That, so people say, is a relict of the report, printed-copies of which in both Eng-

John Jordan, iu reply, kinkly informed us that to charity. He apparently referred to his gift to express in pabba their indignation to go that the time when the common ancestor of man Lish and Chine so you have in your hands, and an

be considered it the best way out of the of £100,000 to charitice in gel-bration of his dastardly and cowardly crime and to prove that and monkey lived in a tros and the worst that The following particulars of a fraud com.

to one Tadion bas sympathy with despicable opportunity is now given to those who wish to

qqust decide. monly known as the "Spanish Swindle" and difficulty, but the Board

crashing earthward. do so to ask any questions.

In the event, however, of his grand-children snarchists and that they all dissociate with the could befall bimane loosing his bold and if the Chinese would

Not having any of the real sensations of fear There being no questions the Chairman pre- and practised by a gang of thieves in Spain receipt of this message we telegraphed to golden wedding. posed: that the Director repert for the year who are now reported to be turning their Chungking that

build the Railway themselves under or or their descendants not living to attain an murderous campaign. are published in the "Government Gazette"

to mest them in the matter.

residue should be distributed among hospitals It is understood that it is propond to abolish and magic, of illusion and mystery, we promptly Negoti- chosen by its acosutors This sum would the sea postal service between Bombay and proceed to mauufacture them, Card tricks in meeting, be and is hereby accepted and passed,

the

eye that has lost the cunging to discern every Mr. StephariasI beg to second the adoption for

or poneral information

are still proceeding but frand, which is practised by a gang of

amount to between £1,259,000 and £1,500,000. Aden by which the outward and homeward which sleight of hand and quickness deceive the not quite at liberty to Bay One-half would go to hospitals

ulf to London between those posts and in futuro to bave the

have been taught to ase, and thirty generations rested with the company, and particulaly to our lag to act as the executor of some person rest assured that your directors are watching hospitals, whether providing wholly or in part insils sorted on lend. This will at of disuse have dimmed the eye and slowed your interests with the greatest care. When Jewish patients or not. Should these saving to Imperial revenue of £22,00 per the perception of our forest-loving and who has recently died in » Spanish agents, much of whose success in the souring of

writes to the intended victim Mr. Wilkinson, your engineer, had made himself

soheme will be brought into furos before new insurance must depend upon the satis prison,

stating thst the docessed prisoner has acquainted with the condition.

him that owing

to pay a further £150,000 in duty, factory progress, they can prove that the

Most of the famous art treasures at Bute completion of the Bombay now General Post Norman Conquest So lost are we in ad- to the long underground hanlage reeds he con House, South Audley-street, W., form part of Offee buildings, whers sorting would be carried miration of evolution that we lose sight of sidered the Langwongtong adita uneconomical the settled property. The mansion itself is left out by a large spesial staff immediately sa the the contrary prosess. We land and magnify for the preceding year, and intended riotim on the condition that the ever the report

nail steamer's striral and it is believed the the weapon that will lodge half an ounce w what had been accomplished, it seemed latter will adopt and care for his orphan

strangements will lead to us inconvenience to lead with unerring oxaptitude in a paint ad deer a quarter of mile distant, and scarcely possible that we could record equally child. But, before the money and child can be sad that by opening a bow edit at Shibkingon a to his widow for life, with remainder to Lady

the commercial community Where thought good results for the ensuing year. Thanks, Kent, it is necessary that the executor should considerable-saving in-the-first coat of the eval Hitz Gerald-for-life, and ultimate remainder to however, to the loyal efforts of all the company receive a sum of money-generally between could in all probability be effected. This nenes Mz. Bischoffsheim's eldest grandchild.

To his velet, Benjamin Randall, and his possible the P. and O. will have berths occupied Overlook the fact that the eye which lines. employees, and in spite of the continned and Fifty pounds and One hundred pounds in sitated the change of the inland termine of the

but on the advice of the Conmal at left annuities of £200, and to each clerk in his

company may probably assist the Postal smoky atmosphere, and mech reading. The increasing depression, the year's business has in order to defray the legal expenses connected railway and consequently some furibor delay with cashier, Mr. d. 0. Pidges, Mr. Bischoffaheim by sortare zunde available for pazeengera. The the sights has deteriorated with town life, s almost every respect surpassed any previous with the prisoner's will. Needless to say, once

adit was made early list March. At present) heim and Goldschmidt) two years' wages, earlier than at present. It is further under ressed the power of discernment has de record. In seconding this resolution last year I the money has been sent, nothing more is Changking formal application to open this new service or that of his firm (Moares, Bischoffe Department by bringing vessels into Bombay knowledge of the conjarer's tricke has in

oressed. made a brief reference to the rate of interest heard of the alleged legacy."

"Nothing in the navigational equipment of a ship has been the subject of more anxious scientific research or roseives more jealons carR then the mariner's compass," says Mr. Frank T. Ballea in an interesting article on "Some Chacure Sen Peris" in the Bay "Windsor Magazine."

FORTUNE OF £2,000,000.

WILL OF A NOTED PHILANTHROPIST.

ILLUSIONS.

In these wise later days, when we flatter our

statement of our affaise for the Hongkong and of the earth where the compass needle does line would be commanded during the spring of / lion to settled property, which would probably plunged Indians tato shame and sorms. It solves that the mysteries of nature are unfolded

for

the poor little comps needle, upon which the the Railway themselves. Although your Direc. because Lady FitzGerald, had three obilder.bat an easy stage of transition. Econd thoughts--to be merely a boa. The throw-

marinor depends for his guida seross the track less deep, hongs raspended like one shrinking saint surrounded by legions of devils.”

THE SPANISH PRISONER FRAUD.

On

ending March 31st, 1918 as submitted to this attention to residents in the British Colonier, Buglheers' control we would be agreeabla" interest in the ostat he directed that the

of the directors' report for the year ending Maroh

31, 108. This report is presented with avery Epanish thieves, is almost inverishly carried out

ations

moment I am

tho

brutal deed and

condenes that it will give satisfaction to all con- on the following lines: an individual purport. pablically bow far they have gone, but you can for Jewish patients, the othemoving soldirmails have hitherto been sorted on the voyage bend of grass or twitqh of insect. We see what wo

of

the

pany they represent in making. When we went left a sum of money to his relative-theinines the directors learned things at the bequests ever tako effect, the estate would have: abbum. It is net thought likely that the new chese-taught, ancestors of the time of the

вощ

the

BUTTON.