1909-01-22 — Page 3

Page

HOCKEY.

To-day the U.B.R. Club will melt a hockey team from the Canton Sporte Club. The matoh which takes place at Kowloon, com. mences at 4 p.m. On Saturday the visitors will meet the H. K. Hockey Club on the U. S. B. C's ground at Happy Valley, starting at 4 o'clock. The following will represent H.K. H.

Goal, C. C. F. Cunningham; Backs, T. M Kuott and J. P. McGillivray; Halvos, H. L. O. Garrett, C. B. Johnson, and W. Waterhouse; forwards, H. G. Bailey, R. P. Carter, L. G. Bird, H. V. Wilkinson, and T. H. King. The other teams are: Canton:-Saunders, Thomas,

JAPAN

[From OUR CORRESPONDENT.}..

Tokyo, January 2nd. TOXYO^RAILWAY COMPANY AND DOMESTIC POLITICS.

THE HONGKONG DAILY PRESS, FRIDAY, JANUARY 22ND, 1909.

HAMBURG LETTER.

[WRITTEN BOR "THE HONGKONG DAILY

PERAS."

demand a plurality of independent centres. The line should therefore be distinctly drawn and the income tax and that on real and personal property be safeguarded against the encroach. ments of the empire. Auy increase in the succession duties and on dividends should be reserved to the separate States, or the financis) straights in which the Imperial Government now finds itself will of certainty extend to the component States. He goes on to point out that the system of direct taxation is nut without certain drawbacks when left to a body elected by mivors suffrage like the Reichstag, for it will, as a rule, be inclined to favour the majority of the electorate by shifting the burden of taration on to the

Pratt, Baker, Appel, Brister, Kepnet, Drum- mond, Walles. Eager, A. N. Other. U.S.R.C. Permission to raise its fares. To outsiders thin fed mon, dissatisfied at the small dividend and home trade, in spite of plentiful hurvasts every. I shoniders of the well to do classes. If carried

-Kirwan, Ormsby, Collingwood, Thompson, Paxton, Cooper, Waller, White, Byrner, Mullins, A. N. Other.

H.K. HOCKEY CUP COMPETITION.

The draws in this competition hate taken place. The 13th Rajputs meet the H., S.B.R.G. A in the first round, which has to be completed by January 31st, the winners meeting R.G.A. in the cond round. The other draws in the second round are: 105th Mahratton v.

H.M.S. "King Alfred;" H.K. Horkey Club U.S.R. Club; Kowloon H.C. v. the Buffs. The second round is to be completed by February 15th, the third by February 28th and the final by March 13th.

Y. M. C. A.

:

The annual meeting of members of the European Y.M.C.A. was held yesterday eroning at the Rooms, Alexandra Buildings. Hon. Mr. May presided over a good attendance.

The report stated that the membership showed gratifying increase, sa many as 91 joined daring the year, which after deducting resigna tions brought the total from 166 to 189. The religious, social, educational and athletic depart.

The year closes with the Diet in sossion and only the formal part of its work done. It will resume business towards the end of this month, sad in the meantime the Government may consider it advisable to settle a question that is capable of disturbing to the depths the quiet course of domestic politics and of even placing the Cabinet Itself in jeopardy. I refer to the plication of the Tokyo Railway Co, for may seem a matter of purely local interest, having no relation at all to politica, much less to the stability of the Government in power, but in fact, it is a subject of the deepest interest to citizens of Tokyo, who seem unanimously opposed to the company, and it is by this lever that certain political partion, by formenting the agitation against the company, hope to make their inflaence felt in the Diet. It is not too much to say that the Government may stand or fall according to its attitude towards the tramway fare question and its method of dealing with the application for an increasó.

THE COMPANY VERSUS THE CITY.

In recent letters to the Hongkong Daily Press I have dealt with the position of the company but a brief outline may be re-stated herein order that the present situation may be fully under stood. The company runs its trams by virtue of a charter obtained from the city same few years ago. This agreement, however it was regarded at the time it was signed, seems now, in the light of absequent events, to have been expressly drawn up for the advantage of the city and disadvantage of the company. It is thoroughly unbesineeliko from an equitable point of view.. The company is now carrying out extensions it

to extremes this will impede the accumulation of work and canse the source of supplies, the in- income tax, to flow less freely.

Ins sammed

THERE IS NO

REASON WHY

ANY HOME

SHOULD BE

WITHOUT A

PIANO

on trial before the bar of publle opinion, if half of what one hears is true, this is cer tainly the case, but the national attitude is -Shikatagangi, it can't be helped." The

Hamburg, Dec. 24th, 1908. day will some, however, when this word will

THE YEAR 1908. not be used in such a connection, but as

The year which is now drawing to a close will Fet public opinion is only in its infancy and even when aroused, like a child, is prona 10 leave behind few pleasant recollections in resort to violence. But with regard to the commercial circles, not having brought the re- remarkable charge of the police being in colla-vival of trade after the slump of last winter sion with the company. This was made after that was confidently predicted at its opening the violent meeting of shareholders held at the Instead of an improvement setting in, general 28th alt. when the behaviour of the police, even stagnation has reigned during the past twelve to an onlooker innocent of the under currents of months: an unprecedented amount of tonnage Japanese life, "left much to be desired. "The has been lying idle in the different ports of the meeting was attended by hundreds of dissatis-world, the expert trade has languished and the thoroughly distrusting the integrity of the where, has shown no animation, and most directors, who sat in a row on the platform of industries have been obliged to curtail their

0 considerable extent the hall-the institution of the Y. M. C. A. production to

threatening consequence. Unemployment

In view of the unfavourable results of the WE HIRE FOR curiously enough. facing crowd. No sooner had the chairman opened vast proportions in nearly ever country and financial policy of the Imperial government with his mouth than rasping voices from various the strenuous efforts made to roliers it regard to the economic situation of the country parts of the hail called upon the directors have only been partially successful. Political itself, ita financial relations with other Statesand corrap. complications and the unsatisfactory financial its financial resources in case of war, he holds to resign, charged them with tion, and the storm began. An accountant and position of some of the great States have added that sacrifices on the part of the people are director ande statements which were challenged to the general gloom. Nevertheless the prevail imperatively called for in order to permit a by a man a member of the Diot, who appeared ing pessimism would not appear to be wholly system of financial reforms to be carried out prepared to argue reasonably on facts and justified, for signs of an improvement are dis-effectively, for on a thorough and wise reorgani cernible in most quarters, and, although the riftsation of the finances of the country depends. figures, and looked fally determined to do a But he was interrupted; others tried to speak in the clouds may at present be no larger than he thinks, the future welfare of Germany. and then pandemonium reigned. Fighting a man's hard, it is plainly perceptible to the began at the rear of the hall, one party being unbiased mind: greater activity in trade in bonnettel and attacked from all sides. reported from United States and even in Europe Gradually the centre of disturbance moved many industries are increasing their working or two hours. The stocks of goods which, owing to towards the platform, when one individuals who had spoken out against overproduction in the past, had acuan- the company were bruttally treated, it appears lated in foreign markets are gradually die by "soshi," ruffians who can be hired to do appearing that a near revival of the export anything. Gradually the disputes lost all demand may be expected whilst the cheapness of semblance to sach as might easily take place at money will no doubt tend to stimulate enterprise political or company meeting. Individuals which so long has lain dormant. The myte of ware attacked and severely handed, bratially discount of the Reichsbank which in the handled, kicked in the stomach and struck with beginning of the year stood at 7 per cent, was

REVIEWS.

Strange Stories from a Chinese Studio, trans- lated and annotated by HERDERT A GILES. Published by Kelly and Walsh, Limiterl This is a second olition of a selection of the

stories of Pu Suur-ling (Lin-hsion) whose work. as Mr. Giles says has beer for the best part of two centuries as familiar throughout the length and breadth of China us are the tales of the "Arabina Nights" in all English-speaking

ments wore in a healthy condition.. In all 34 is bound to construct within a certain time into Hendish vindictivenom as they were lying help on January 13th reduced to 64 per cent., on the commanitics, In the English-speaking countries

debates in parliamentary form had been hold under the auspices of the Literary and Debating Society, 13 lectures had been given, and good use was being made of the Library. Perhaps the most satisfactory feature was the removal of the defielt of $937.07 with which the Association

tarted the year. That has been wiped off; and, the report expresses the indebtedness of the Association to the basiness, community of Hongkong for its support.

distant sahurbs, and within fifty years the whole property has to be turned over to the city gratis These extensions, until the population increatos sufficiently, will always be improfitable, but rertheless, they are built at a cost per mile little less than those in the centre of the city. This heavy capital ontlay can only have ono effect noises the fare in raised. But the company cannot Increase its fare without the permission first of the city authorities, secondly of the fe authoritice, and thirdly of the Home office itself.

loss on the floor. The writer did not know at that time that these men, the assailante, wer soshi, hired to do their contemptible work, who were admitted to the meeting on the strength of holding shares presented by the company. Such is the allegation, which, however, is denied by the company. He was ignorant of the ander onrrents that moved the storm, but reflected that in many Evely experieness of political and other meetings where footing ran high he had never seen anything to approach this in Tokyo for its display of malicious brutality.

After several individuals and been "dealt with" and pat out, the police sailed in. All this time they had been waiting outside in force,

The report was unanimously adopted. The retiring directors, Dr. J. M. Atkinson,

When the three old companion, were smal Hon. Mr. H. W. Slade, Dr. A. P. Wilder Rev. gamoted with a subscribed capital of 60,000,000 F. T. Johnson, and Mr. A. 8. D. ousland, wero re-plated. Blessrs, A. H. Harris and J. Ryen the outlook was bright, for individually the Wood were elected to vacancies on the Board of companies has been paying and suffered under but do not appear to have attempted to

Directors.

At the subsequent meeting of the Board of Directors office-bearers for 1909. were appointed followChairman. Hon. Mr. F. H. May, M.G.; Vice-Chairman, Mr. P. H. Holyoakshas hon. treasurer, Mr. G. Pieroy, recording secret ary, Mr. A. 8. D. Consland.

THE HONGKONG LAND RE- CLAMATION CO., LTD.

held at the Company Offices, Victoria Buildings,

is as follows-

account.

.DIRECTORS.

The secants have been audited by Mosers. W. H. Potts and A. OD. Gourdia, whe now

A

interfere when it was most necessary they should do so. When the fighting was over they stood together in a group, talking tovarions Curious civilians and arguing with some. procedure, this! The police did not attempt to strast anybody, although there were those present in the hall, if justice were meted out to them, vho richly deserved terms in prison for assault of the character described briefly shove The business of the meeting ended in only one

no serious restrictions. From whatever cause. mismanagement or other, the rate of dividend his gradually declined, but this, instead of evoking sympathy from the citizens ems The cry to have had an opposite effect.

adway ins that the

company is corrupt and mismanaged, and thin, is country where corruption and mismanage ment are not abcommon, will at once rouse the popular indignation, for it is the people who are always the victims of corruption. The com- pany did not improve its position when, lasty, for the great majority of the holders of shares were in favour of the directors year, it attempted to dispose of its property to report and the discontented left to the city at a prics about 50 per cent shove parthair agitation at a later date.

renew

Some

gone down to 4 per cent. at which it has tales, pur et simple, bat inhina it is not 22nd of that month to 6 per cent, and has since the " Arabian Nights are regarded as fairy remained since June 18th, bills in the open children alone who believe in the supernatural market being done at 23 per cont. A further wonders related in the collection of stories hopeful feature is this that the estimates of the known as the Liao Chai. The work embraces dividends of public companies now being alike stories of Taoist dorilry and mangio, már- great vellons accounts of impossible countries beyond put forth exceed expectations in a many instances, although in others, such as the the sea, simple scenes of Chinese every-day life, Hamburg-American Line and the Norddeutsche and notices of extraordinary natural phenomena. Lloyd, shareholders will probably have to be satisfied with the recollection of the dividends of the past. Taking things all round, how- ever, there sooms russon to hope that the wish for a happy and prosperous New Year" may Regarding changes in the Banking world, I materialize sooner than anticipated.

learn that the Deutsche Bank of Berlin is going- to open a branch office in onstantinople.

A. ponny postage between this country and the United States will be introduced on January 1st, but it appears that the reduction will only apply to letters carried by German mail steamers, the heavy transit charges through France, Belgium and Holland not permitting of its being extended to other routes. General disappointment is felt at this, as so far only skout 46 per cent of the correspondence has been forwarded by the direct lines, and the authorities will no longer be in a position to send letters by the shortest way as has been the custom hitherto.. Besides, the entire toss arising out of the penny rate on all

which, considering the great advantage to the mercantile community of a uniform reduced the differentiation, although economy may be sate, soms hardly important enough to justify the order of the day in all government' departments.

From the whole Mr. Giles has selected for publication one hundred and sixty-four of the best and most characteristle stories. In no other single volume can we learn so much of the folk-lors of China and as a guide to the

mannora, customs, and social life of this.rasi Empire the work is of the greatest value. --

Chats on Orientul China. By J. F. BLACKER-

Londen: T. Fisher Unwin.

This volume of over 400 pages, copiously

illustrated with reproductions of rare specimens

and factory marks, is what it claims to be, a hand book in dispensable to collectors of old Chines

The descriptions and Japanese porcelain. accompanying each picture are very informing and we can support the author in his statement that the collector who masters this book may

hetake himself to the museums with considerable confidence that he will be in a position to under stand; in fact to read the pieces which he wishes to study. In a book issued as this one is at the

photographs are excellently reproduced and the reader, gets a perfect idea of the decoration as for illustration. well as the shape of the rare piecus selected

The Inner Life of the United States. By Count VAY DE VAYA AND LUSKODO London: John Murray.

The author maker no pretensions to having written a book on America. His purpose has rather been to trucs sonte of those char- acteristics of a country still in its formatire and

$10

PER

MONTH

ROBINSON PIANO.

CO., LTD.

ECZEMA MADE HER GIVE UP WORK

Hands, Arms, and Feet Affected-

Medical Treatment Made Hands Swell and Run Water-Was as Helpless as a Baby-Followed a Neighbour's Advice and Her CURE BY CUTICURA

HAS BEEN PERMANENT

"My daughter. Mrs. Hannah Austin, lived with me, and in September, 1908

something came on ber. hands and feet which a dooter sald WEA eczema. H gaye her a box of cintment

which caused her hands to swall and run water, She was in a dreadful state and as helpless as a baby. A neigh- bour, whose child hind had a similar disease on the head, recom- mended me to try Cuticura Ointment. Finding that it did her good, we went on trying Cuticura Soap, Cucioura Ointment, and Cuticura Pills. Being employed in the mills as a silk worker, my daughter had had to give up work for fortnight, but after using Cutiours Remedies for a few days she was abla to resume her occupation. The disease not only affected her hands and feet but went up to hor elbows. In all she had two tablets of Cuticurs Soap, three boxes of Cuticura Ointment (some of which is still left), and one bottle of Cutleurs Pills. There has been no return of the distressing eruption and ahe now working regularly. Mrs. Margaret Doxey, 43, Broad B, Look, Stanfordshire, June 16, 1907.".

Bend to nearest depot for free Cuti- otira Book on Treatment of Skin Diseases.

LET MOTHERS KNOW-

That a warm bath with Cuticura Soap and a single anointing, with Cuticura, the great Blin Cure, and purest and sweetest of emollients, will afford instant relief and refreshing sleep for skin-tor- tured bables, and rest for tired, worn- out mothers when all else fails.

Complete Extaran) and Inserent Treatment for Adria rasa of Cutivars Bop 10 Cleanse the eura Ointment to Hea: Le Bain, and Cuticura Re solvent P

Chocolate Costed) to Purify the Blood. A Bingle Bet often Cury Bold throughout the

17PUL world. Depots: London, 34, Charierhou 4. 3. Itue de la Paix Australs,, B. Towns & Co, Bydney; B. Afries, Lenaga. Lad., Cape Town, ati, U.S.A Polter Drug & Costa, Corp., Bola 1rop Boston

54-4

Fer Humour of inland (dren, and Cut

[36

The seventhe report of the board of directors to the ordinary meeting of shareholders to be The municipalisation question was just as eurions matters have been made public since at 11.15 am, on Thursday, the 28th January, Ohmoxions to the citizens as the fare proposal this meeting the most remarkable being that letters to the States is estimated at no more popular price of 58. the illustrations are neces-, now is, and when the Home Office rofused its the Police were suborned, that they were in than a million marks or about £50,000, a am sarily photographic and not coloured but the Gentlemen, The Directors have now to sub-consent after months of delny great satisfaction favour of the company and therefore did not do Jait to you a general statement of the affairs of was felt, while the company romained as un- their duty at the meeting, and also that the the company, and balance sheet for the year popular sa over and has now raised a second ending 31st December, 1908.

such a charge made against the police of The net profits for the year, including storm in an effort to obtain what some believe Gaht were employed by the directors. Were $297,410.99 brought forward from last account to be its rights.

London, for example it would be a most serions

Dra after paying all charges amount to 3287,825.23 IRRESOLUTE ATTETUDE OF THE AUTHORITIES. affair, to be followed promptly by the most

THE FINANCIAL REFORM BILE But to anybody acquainted with the facts serious investigation and the most serer + The fancial reform bill has been making It is now proposed to pay a Dividend of 7 por oent, on the paid up capital after providing for fees there romains a balance of 3217.100.23 to be The Company may be corrupt, but the the charge has led the chief of the Metropoli-excise duties on spirits, wine, beer and tobacco which and writing off Directors' and Auditors' there can be no doubt where the blame fes.punishment of the guilty. In Tokyo. but slow progress in the Reichstay. The new carried to credit of a new profit and less authorities themselves are even more blame tan police to question the polios inspector meet with strong opposition on the part of pro worthy. The delay in coming to a deci- responsible, and impress upon this officer the sion in the muzicipalisation proposal was in necessity of being impartial! The question of ducers and the trade. The taking over of the Mr. A. J. Raymond having resigned, Mr. C. S. Gabbay, was invited to join the Board and this excusable. Months were spent in negotiations the guilt or innocence of the inspector and his manufacture of spirits by the State is con- growing period, which have most struck him when weeks should have been sufficient for subordinates does not appear to have been condemned as a monopoly likely to cause serious The activity, diligence, money-making and losses especially to landowners and the small spending, thought and intelligence, and higher appointment now requires confirmation.

Messrs. E. Shellini and C. 8. Gubbẩy, now a thorough investigation of the facts and a sidored: the charge stands, that the police of distillers; the duty on wina, it is urged, will ideals of the country were especially the subjects retire, but offer themselves for re-election.

judicial decision. The regular course of business Tokyo are capable of being borned and are AUDITORS,

Was checked, the share market was demoralised, therefore, morally, no better than the sosh poll rain to the winegrowers who, as it is, ske of his studies-in short the mentality of the by an affair which in any other country, in the garotakt types of men who can be hired to out a precarious existence, owing to the uncer people and the paycology of the country. A tainty of the crop; whilst only large breweries, keen observer of men and things, and a good world would have been treated promptly as a commit anything from murder downwards.

it is alleged, will be able to bear the strain of writer, the Count has given to the world a matter of business and decided accordingly. Currents and andercurrents about the ques- What will be the conduct of the authorities in tion of the Tokyo Railway Company and its the tax. Moreover, it is argued that as the fascinating volume which we cordially cons

consumer will in the end have to pay the mend to the notice of the public as a book

This in a directory for writers, artists and the presant question? The company has put fars proposals are strong and deep; the

photographers and will be found extremely forward a simple application for an increase of rabject is uppermost in the minds of the duties the poorer classes will be the principal well worth reading.

The tax on advertisementa ia

useful to the dabler in literature, and to the fare, submitting figures which show that if the masses: what might appear to an impartiss sufferers.

Who's Who can't be reviewed. Like the Bible man with a camera when they wish to find company is to provide suitable reserves the observer a question of linsiness to be settled nl objected to as hampering trade, advertising Who's Who. London: A. and ", Black. present fore will not pay a proper dividend. between the company and the authoritas is one having become almost a necessity in all

As to the extension and the dictionary it has established itself in all a market for their productions. In this work that is discussed most violently by a press that The application has already been partially deer not hesitate to incite the master by means branches of business,

and libraries, and to indicate its merits is to attempt special attention has been paid to all details of granted by the municipal assembly, and the of cartoon and the written word to the ass of of the succession dution to wives

the Tokyo children and the proposal to limit the a work of supererogation. Who's Who needs no importance and the fullest imformation obtain police. In short, the company is being corrupt to the core, and does not take the idea is strongly objected to, partly no too generally appreciated. Nowhere is it more notion; to establish its integrity, the mob is incl

The Hongkong Observatory yesterday issued ted to violence by the pross, but the police take santimental grounds, whereas the tax on frequently consulted than in the newspaper no action against the newspapers; and, most exemption from military service would be office, and certainly it has no greater advocate serious of all, the police themselves are accused, readily assented to, if put in a different form; than the busy pressman who is under a deep the following report:

has risen considerably to moderately over E. while the highest authorities of the Government why, it is seked, wait until the death of a debt of gratitude for ite aseistance. The volumeOn the 21st at 11.30 am--The barometer person? Would it not be more just that young for 1909 has been revised with the usual accuracy look on, apparently anconcerned.

Japan and Formosa respectively. men who for some reason or other have been and thoroughness, making this standard refer rejected, or in their place their fathers, should eace book more valuable than ever. As an equivalent for the expense and time saved. socording to their means pay a certain amount annually for a certain number of years!

retire, and are recommended for re-election. W. J. GRESSON,

hairman.

Hongkong, 14th January 1909.

BALANCE SHEET.

December 31st, 1908.

LIABILITIES.

Capital-25,000 shares at $100 each

$2,500,000 of which are issued

12,500 shares at 8100 each =="

c.

די

The Writers and Artists" Year Book, 1900.

London: Adam and Charles Black.

$1,250,000 875 per share paid up, 937,530.00 latter is, of course, acensed of having been physical force. This is permittedged with right of inheritance to direct descendants advertisement. Its value is too well known and ables is given.

Loana Payable,. Accounts Payable, Balance of Profit and Loss Afoi,

A88278.

Cash Amount invested in mortgages Amount invested in property.. Furniture

Accounts Receivablu ·

...

362,250.00

'D

1,946,35 benght [accusations of corruption against both 287825.23 the company and the city authorities are so general that little notice is taken of allegations 81,589,521.58 which in any other country would have to be 4,895 34 substantiated.]. The application is next, I believe, 277,486.08 to ceme bofore the Governor of Tokyofu, and 1,291,172.99 if he grants it, it will go before the Home Office.

658.33

Now, presumably, this application was consi 15,318.85

dered by the municipal assembly, and they $1,589,521.58 favoured an increase by one sen (one farthing) because they thought this was just and right. $

But it is claimed that the assembly did not give 7,631.90

it sufficient consideration and passed it hurriedly, 594.80

In this case the 1,994.00 having been "influenced."

446.16 duty of the higher authorities is clear. The 487.75 municipal assembly ought to be out of office if not

PROFIT AND LOBS ACCOUNT.

Dr.

To Charge Account.

Repairs to Property.

rown Rent Account

Government Rates Account

Fire Insurance Account.

Balance to be appropriated as follows:- Directors' Foos,.

$ 5.000.00 100.00 Auditors' Feen g Dividend of 7 per cent.

65,625.00

.217,100.23

for the year

Balance to be carried to

New A/c.

Cr..

By Balance from 1907

By Interest

By Rants

By crip Foo

-287,825.23

in jail. Either the application was passed on its merit, or the municipal assembly was influenced in some way that is a disgrace to them as public men. These facts ought to ke perfectly clear to the police, who in Japan, it must be remem bered, are in the service of the Government and not of the municipality. The police, represent $ 298,879.03 ing the executive authority of Tokyo, do aviking; in fact they have even been charged 287,410.99

with being in collusion with the company too! 5,799.45

A SHAREHOLDERS MEETING, POLICE AND 5,663.59

SOSHI. 6.00

Sufficient hus been said to show that the $298,979,03 Government authorities of Tokyo ought to be

8

SHIPPING AT SÅIGON. The Summary of Shipping cleared in 1908 at Saigon shows that vessels Aying the British flag for outnumber any others doing business at thi port. The figures are:

NATIONALITIKA.

American Austrian

TOTAL

British Danish

167

Dutch...

No. TONS. 17 14,742 3.779 834.593 14,492 45,150

French.... German,

15 35.774

75.

97,393

Japanese

24 49,253

Norwegian Russian... Spanish... Swedish

91 92,619

1

Total, Méssageries Maritimes Messageries Fluviales Chargers Beanis

3,154 2,655 8.353

471

698 467 382,207 166

26 $9,776 100,330

589 1,190,780

Who's Who Year Book 1909. London: Adam

and Charles Black.

Information in a concise yet comprehensive New taxes are novor popular but it is generally admitted that something has to be form, is the distinguishing feature of this done, only so far pablic opinion seems to favour publication All sorts of useful lists and tables direct taxation. To this Mr.. M. M. Warburg, are given under properly classified headings, and whose paper on the financial mobilization of the the value of the book is worth more than the empire in case of war I had ccension to mention small price charged, some time ago, replies in an article just pablished in the Bank Archiv. Hessya that the Svensk Industri-och Exportkalender.

The Swedish Trade Index," is edited and question is this, whether to leave direct taxation to the constituent States, this preserving the published by the General Export Association federal character of the empire, or to hand it of Sweden, Stockholm. The book contains, over to the imperial government, the inevitable in English, German, French and Spanish, com

mercial and statistical information as well as consequence of which would be, to convert what is now a foderation of independent states names and addresses of nearly 2000 manufactar into an empiri comprising so many provinces, ing exporting Swedish firms. The continuance of a federal state he con- siders essential not only from a political point of view, but also for economic reasons, which

WEATHER REPORT.

The anticyclonic ares remains over the con- tinent to the North of the Yangtze, while pressure is still relatively low to the S. of the Loochoon.

Strong monsoon may be expected in the Formoes Channel and the China Sea.

Hongkong rainfall for the 24 hours ending at 10a.m. to-day, 0.00 inches.

The forecast for the 24 hours ending at noon.

Hongkong & Neighbourhood.(*) to-day is as follows:-

N.E. winds, Formosa Channel

strong. South coast of China between Same as No.

Hongkong and Lamocks. South coast of China between Same as No. 1.

Hongkong and Hainan...}

(*) N. winds, fresh or moderate; fair, cloudy.

How To B BRAUTIFUL-Keep your com- plexion, Mrs. Ellen's Creme Charmante, Lait Charmant and Special Skin Tonic and Pondar Her Charmant will enable you to do it. The work is obtainable from "Aktiebolaget Specialition for the Skin are the study of a Haase W. Tallberg" in Stockholm, at a price of lifetime. A 8. Watson & Co. Ltd, Sole Agents.

262 6. post-paid,