HOME AND CHINA AFFAIRS.
(FROM ONE OWN. COLBESPONDENT.).
LONDON, June 16th.
THE IMPERIAL PRESS CONFERENCE.
Auch stir has been created, not only throughout the British Empire, bat upon the Continent and in the United States, by the epoch-making speech delivered by Lord Rosebery at the banquet to the Imperial Press Conference delegates on Saturday night. That speech was admirable in every respect. It struck a high note; of imperialism. It was worthy of the speaker and the occasion, and has given tone to the whole of the deliberations of the Conference. This is not the first occasion upon which Lord Rosebery--has placed the interests of the Empirs above the interest of party expulioney, and whether one agrees or not with the policy of building battleships because another Power is doing so one's blood must indeed ran cold if it is not stirred to patriotic chthusiasm by the declaration that the Empire will build down to its last chilling and so long as it has a man to place in the slips. It was not my good fortune to be present at the
THE HONGKONG DAILI PRESS, THURSDAY, JULY 8TH, 1909.
Eastern notables now in town as well as many there would soon be developments, but I was not who are prominent in our home circles. They have passed on to Paris for a fortnight and will then return home vin Siberis,
MISSIONÁRY EXHIBITION,
The great missionary exhibition Illustrating native life and needs in the Far East and in Africa was opened on Saturday in the Agricultural Hall. It is an effective dis- play and is already attracting grant at tention. In the main portion of it is a Japanese village with its gorgeous colouring A reproduction of a Japanese garden hins been introduced under the direction of a Japanese artist, presenting a delightful change to the scenery around. At the head of the village street is a Shinto Tomple with an image of Buddha and other symbols of worship-Glow by there is a Chinese street, with several shops, displaying chin and lacquer work, while scones are also given of ten planting and cloth wooving. The oplata den is rather unconving ing, if the artist intended to make it horribly realistic, but in the chomist's shop there is much of interest takon from a drug soller's store at Kotak in Central China. In addition thero are scenes of Chinese social life and a
prepared for them to materialise as rapidly as they have done. The combination of J. P. Morgan and Sous, Kuhn, Lobe and Company, the First National Bank and the City National
Bank, together with the International Banking Corporation, is bot part of the American plan to get a hold on Chins commerce, and to end the era of European domination in railway and financial enterprise in China. And just as President McKinley called the theorption of the Philippines benevolent assimilation" so the American papers have gentle phrases whereby they explain this new mare in the East. It appears from these writers that what is in the back of President Taft's mind is sympathy for Chinese ambitions. Bo mourns at the spectacle of China in the financial tails of other nations, some of whom aim at searing territorial aggrandisomont_cooper or later at China's expense. So he has laid far-reaching plans, that so far have escaped the attention of the diplomatists, in the determination that China will come to look upon America as the only friend and support against the avaricions European. It has been suggested that Mr. Knox, American Secretary of State, should
HONGKONG GENERAL CHAMBER OF COMMERCE.
lowest average monthly amount of bank notes in circulation, according to the figuree published in the Government Gazette, was-
In 1905 In 1906 In 1907 In 1908
$6,029,415
7,739,884 4,160,429 3,140,568
In 1909 (January to May) 6,994,747 the Hon. the Colonial Treasurer's estimate of My Committes are therefore of opinion that
Minutes of a Monthly Meeting of the General Committee of the Hongkong General Chamber of Commerce kahl in the Chamber Room, Et. George's Building, on Monday, the 28th June, 1909, at 4 p.m.
Presunt-Hon. Mr. E. A. Hewett (Chair-exponton is too low, Hop. Mr W. J. Gresson, Mosera. A. Babing- man), Mr. J. E. Smith (Vice-t'hairman), ta, JW C. Boonust, J. W. Kandow, D. B. Law. H. A. Biebe, E. Shellim, H. E. Tomkins, and E. A. M. Williams (Secretary).
MINUTES.
The Minutes of the last Monthly Meeting of members held on the 17th May, 1909, were confirmed,
"GOVERNMENT NOTE 1989.
Reply from Government:--
Regarding the propezal to invest a propor tion of the dollars in Gold Becurities, my Com- mittes consider that a reserve fund should be established to cover the exchange risk so that
the coin and investments held against the issue will at all times be sufficient to redeem it at par and that no call on the revenues of the Colony Willerar be necessary.
I am also directed to call your attentioni to the possibility of tho adoption by China of on uniform currency and to polat out that in the ayout of this taking placa it may be found ad. visable to change the outrancy of this Colony which might involve the recoinage or disposal
of the dollars in resorve, My Committee think that before incurring the responsibilities attach. 27thing to a noto issue the Government should give careful consideration to this contingency.
I return herewith the enclosures as requestiul.
hava, &c.,
E. A. M. WILLIAMS, Scoretary,
Colonial Secretary's Office,
Hongkong, 11th June, 1909. SIE-In reply to your letter of the ultimo, I am directed to transmit the enclosed dated the 18th nitino and the 5th instant togeth copies of minutes by the Colonial Treasurer or with copies of the printed papers in nuncred schedule. These documenta contain the further information asked for by your Committee. may be returned to this office in due course.-I am, Sto.,.
F. H. MAY, Colonial Secretary.
banquet. I was at a seaside resort in the next room; also a reproduction of a mission preceed to China to manage saira in the 2. am: to request that the printed papers;
dispensary, with patients under treatment.
KING OF BIAN CONTEMPLATES ANOTHER
VISIT.
The King of Siam contemplates a further visit to this country, I understand, and has approached the authorities as to whether they are favourable to the project. The ostensible reason for the visit will to to visit the Siamese students in this, country, for there are more of them than ever before.
AUCTION OF CHINESE PORCELAIN,
American interest for a while, and to warn China that America must be remembered in arranging for future loans, but financial in- levasta here and in New York do not credit the report. On this side of the water the more in regard to the Hankow-Szechuan loan is nơi occasioning much alarm, as it in believed Ameri- can interest cannot oust the Germion, British, and French bankers unless they are prepared to outbid them at rates that will constantly endanger the participators in America. Bat one thing is clear-Americans, with the full sympathy of the Fresilent and the State De partment, man to have a share in anything that may be going in China In the future.
CHURCH PAGEANT,
· The English Church pageant is doing well, and is drawing big crowds to the south side of the Thames. Eut the opening day was rain Laden and the early Christians and monkish participators were very badly soaked. Many of thet are now anffering from rheumatism, but I hear they are still fred with enthusiasm for the pageant.
"KOYUKONOITES AT THE TEST MATCH.
The Secretary,
Chamber of Commerce.
(1) 7 reports on the working of the Currency
Note Iaso in the Btrails Settlements. (2) Memorandum on Proposed Government
Note Larue for Southern Nigeria. (3) The Currency Note Ordinance 1899,
Straits Bettlements.
Enclosures were faid on the table.
Copy,
· Hon. Colonial Secretary, My proposals are simply that
1. Gutermument should issue notesi a exchange for currency at par and undertake to exchange currency for notes on presentation.
2. That one half at least of the amount deposited be kept in the Colony and that one half be sold and invested in gold securities at
home
That some time be allowed to elapse before investing up to the ultimate fall proportion in order that such proportion may be ascertained by experience. Secretary of State has approved the principle.
4 That minor details. be settled when the
A. M. THOMSON,
Colonial Treasurer.
18/6/09.
Hon. Mr. A. M. Thomson,
Colonia! Secretary,
SEVENTH CONGRESS OF CHAMBERS OF
·COMMERCE OF THE EMPIRE.
Lotter from London Chamber:--
Oxford Court, Cannon Street, London, EC., 30th April, 1909. DEAR BIB-I beg to remind you that the Cavouth Congress of Chambere of Commerce of thempire opens at Sydney, N.H.W., on 14th September next and is to be followed by a short 10ur of two or three weeks duration, during which most of the principal contres of the Com- monwealth will be visited. As you are aware, the Governor-General of Australis, the Right Hon. the Earl of Dudley, G.C.M. G.C.VO, has socepted the Honorary Presidency of the Congress, and the Federal Government will ocially cosive the delegates.
The letters already received from several of the most important. Chambers in New Zealand have now been supplemented by an invitation from Bir Joseph Ward, Prime Minister of the Dominion, and a semi-offcial visit to New Zealand will probably follow the Australian Tour.
FOOTBALLER PRAISES CUTICURA
For Wounds and Use After the Gama -Leg Kicked During Play and Would Not Heal-Maturated and Sweiled to Thrice Its Usual Size.
CUTICURA CURED HIM
WHEN ALL ELSE FAILED.
"My trouble arose through getting klaked on the football field. It was very bad wound about three inches in length. I did not take much 'notice of it at first but about a week after it started getting very painful and swollen. I went to the doctors but after they had tried one thing and the other, I got tired of attending them, so I thought I would try to cure it myself. That was. after about two months of their treat- mont. Well, I tried different oint- ments but all to no use. At Inst a friend of mine advised me to try the Cutioura Remedies, so I purchased a box of Cuticura Ointment from tho chemist and in shout five days the leg showed signs of improvement. The swelling went down and all the mattor and stuff came out quite fast. I men- tion that my leg (it was across the alin I had the kick) was about three times its vaual size. Bo I kept on with Coll- oura Ointment and I tried Cutienra Soap to cleanse the wound with. After that it healed up quite fast and is quita. well at the present time. I had two bozen of the Cuticura Ointment and I still use the Cuticura Soap which I find Is the best I can get, as it makes one feel so fresh after a hard game of foot- ball and I will recommend it to all my friends. J. Lester, 14, Watlington 8t.. Reading, Berks, England, Sept. 16, '08."
Up-to-Date Shaving
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Cutions Remedies pre mold wherevf the British sta, Depot: Leader, 27. THE JACKE Zack. by Rue de la Pais? Austrade, H. 1
--Zadia, B. K. Paul Calcutta, 80. Alrien. Lat. De Torzo, etc. §. 9. A. Potter Dru Boston
Cam et Casters, with 82-paru book on akta dieetan.
5 -25
*10**** anden deat theral sembla
Bouth of England when I read Lord Rosebery's stfiring speech, but even reading the words in cold print bad the effect of revitalising one and made one proud of being a Briton. I was pro- sent, however, at the sittings of the Confereuen where matter-of-fact subjects hail to be dis oursed,
There, patriotism was the thread worked into the pattern that was being woven by these Imperial journaliste, and when ir Edward Grey, at thesecond day's sitting, speaking calmly and deliberately as became the Foreign linister of a great world-wide Empire, declared that be
At Christie's sileroom on Wednesday a quan indoraed the now famous phrase of Lord Bous-tity of fine old Chinese porcelain, the property bery, a ringing cheer, loud and prolonged, woat of Mr. Gerald Brocklebank, of Shanghai, was up from the assembled journalists. Putting brought under the hammer. A famille-verte aside all business considerations, this Confer aquero-shaped vase, enamelled with flowers, ence must have a permanent effect throughout, kylins, and utensils on stippled green ground, the Empire, for each one of these trained obser
was bought by Mr. Crossley for ninety guineas vers of pablic events will return to his own do. A powdered blus cylindical vase, enamelled with minion a missioner of empire, inspired to promote ladies in a garden in famille verte, fell to Mr. the highest interests of Great Britain beyond Harris for $273. Three famille verte vases and a pair of beakers were bought by Mr. Steal the seas, and thereby to consolidate the Empire and to promote the world's peace. for eighty-six guineas: a pair of old Chinese Amongst the speakers who have addressed the powdered blue bottles to Mr. Hood for fifty Conference were Lord Crews, Mr. Sidney Burguinona, and a pair of oriform jars, enamelled ton, Mr. Austen Chamberlain, Mr. Beginald with flowers in famille verte, to Mr. Partridge McKenna, Sir Edward Grey, Lord Cromer, for fifty-eight guiness; Mr. Birrell, Mr. A. J. Balfour, Lord Roberts, Mr. Haldane, and Lord Morley, and one re-
The annual dinner of the Consular service quired to be present when Mr. Chamberlain
was held the other night at the Westminster mado a passing reference to his father to Palace Hotel with Sir Ceoil Hertelet of Ant realize how popular the ex-Colonial Secretary is with the men who mould public opinion in the farer in the chair. The Marquis of Dufferin, distant lands of the British Empire. It is im head of the Consul Department of the Foreign Office, was a guest, and among those present were possible for me in the course of a single para Mr. Mansfield, a retired member of the China graph to condense the proceedings of the Conference and at the same time to give you Consular Service, Mr. Russell of the British been playing; also Mr. E. A. Ram, looking well with the proviso that as soon as the limit of soquaint me with the itinerary they are desirous foreigners here in their intercourse with each renders an adequate iden of the importance of the business discussed, but if the efforts of the delegates result in the cheapening of Press cablegrams throughout the Empire it will have canferred boen not merely on newspaper proprietors but upon the reading public, to whom the quick conveyance of important items of news and of public policy is becoming more and more important as the world grows older. The delegates are well representative of Colonial journalim, and it may be interesting to you to know that Hongkong, through the delegate of the Daily Press, was also represented at this great Imperial gathering.
LABOUR MEMBERS ON TOVE/
While I am on these Imperial matters
our
may I add that several Labour members are going for afield this summer. That in itself is a notable sign of the times, and if kept up it should materially reduce the number of "Little Englanders in midet. Ramsey Macdonald, member for Lei cester, and ex-secretary of the Trade Union Congress, starts in September on a trip round the world, with especial attention to India, where his chief, Keir Hardie, got into hot water for a week or two, but gained enough material to enable one of his self-contentment to write a book of comments.
THE INDIA OFFICE AND DE, STEIN, The India Office, I understami, has made ar rangements that will allow Dr. M. A. Stein, the well-known explorer in Central Asia, to write a full descriptive account of the collection brought home from Chinese Turkestan. The work will take fully two year and is awaited with interest by all Oriental scholars,
DEPUTY PRISONCE.
CONSULLE DINNER.
service in China, and Messrs. G. H. Phipps and C. B. Bansom of Japan.
BUSINESS ON THE STOCK EXCHANGE,
Copy
I looked in at Lord's on Monday during the progress of the Second Test Match and, big as the crowd was to get a sect was quite impos- sible—I" happened against” one or two old Hongkongites amongst the interested spectatorat Mr. T. H. Reld, looking much better than whon
NOTES BE PROPOSED GOVERNMENT 199UM. 1 The issue of paper for legal tender I saw him before his trip to Egypt; Mr. A; P. Stokes, apparently as fit as if he had just come excluding sub, coin.
2. The redemption of such paper on presenta out of the bush and looking as keen as if he felt confident he could have ran up a century had he. The storage
tion in legal tender.
of the coin tendered for notes enough to do the same. I asked Mr. Reid as to safety, is certained by practice a portion of
the coin will be invested fi gold moonrities.. his future movements, and he tells me they are
4. It is understood that the banks in the very uncertain. He has refused offers to go to Colony will accept the notes and that therefore The Stock Exchange is having a timeBurmah and to Japan, preferring a full suramer any one wanting notes for coin or vice versa of such activity as has not been experienced in the old country.
will be accommodated of the various banks for some years, No time to eat or sleep"
always with the proviso that the Treasury is THE SMALLNESS OF THE WORLD,
ready to do so in case of trouble. is the cry of the busy brokers, while any- In a railway carriage on the Dover line body who has any clerking experience at all un yesterday I saw a dried-up looking old codger get a job and handsome overtime pay se well. reading with apparent ease a formidable look Some of the clerks have been making weeklying document in Chinese, Who he was I have suns far beyond their ordinary income and no idea, but it shows how small the world is after they are looking forward to their holiday season all. It reminded me of the two cadets home on with equanimity. Kafirs and American stocks furlough who in a railway carriage were abusing have had an especial boom, but there is a current the Straits Government and certain offels by setting in also in support of rubber shares, and name in no measured forms, and wishing to I anderstand they are expected to go much exercise a much-needed caution spoke in Malay higher yet. In America also there hare br Befors leaving another occupant of the compart stirring times, with no very pparent reason, ment spoke to them in Malay. He turned out for the return to prosperity over the water, to be one of the Government big-bage, whom though fairly steady, is very slow. Still the owing to their having been stationed in different revival in the iron and steel markets is some parts of the Peninsula they did not recognize. proof that the settlement, or thereabouts, of the
American tariff has had the effect of letting free good deal of contracting that had been held up till it was clear which way the revision cat would jump.
THE, KORSE SHOW.
A NAVAL LESSON.
A correspondent who was with the other guests of the Admiralty on board the VolcanO ring the inspection of the feet by the clonial Editore tella an amusing story of an enthusiastic Navy Leaguer, who, although he did not know all the visiting editors by sight, was, like ovary- one else, anxious to do what he could to add to their entertainment.
"I found him talking to a cheerful old gentle man in a brown overcost and bowler hat. If," said the Nay and you will be able to Leaguer, "you will bear the recognise a Dreadnought the moment you see following points one."
"I take some interest in Dreadnoughts," the old gentleman murmured.
"Good," returned the Navy Leaguer. If I can be of any service, call on me. By the way, do you know that you are rather like Admiral Fisher, of whom perhaps you have beard noroes the ses P
The Horse Show at Olympin, sapported as it is by all nations, and especially by a number of American millionaires like Mr. Wine, Judge Moore, Mr. A. G. Vanderbilt, and Mr. Morris, has blossomed out into as mnolie Society func tien as the Horse Show in Faris or New York. Flowers profusely distributed about the great areas of Olympia have transformed it into a bower of beauty, sad to the grand stands all the Society beauties ceme day by day to witness the jumping. When the King's prize was won by the French military team, there we a great It is true that competition in this old country entente cordiale demonstration and the winner, is keen, but surely the profession of deputy were called up to the Royal box to be con prisoner is carrying things a little too far. In gratulated by the King and Queen in their 1 sm Admiral Fisher," was the reply, and Islington there has been a committee investigat own language. The stables attached to the Admiral Fisher it was, personally entertaining ing the number of rata defaulters. One man
show are a marvel. The Americans have spared the Admiralty's guests, on being summoned to appear to explain his no money in making their equine favourites dilatory payments declined to come. Au offer luxurious. The tags are stablod in specially of the lar proceeded to the address given and constrasted quarters, panelled in green and gold there found a man who simia ha was the
and hung with rich curtains. Down the gang man required, and though the c had hin
way separating the stails runs a stretch of doubts he had no option but to math him off thick pile carpet, Thousands have been spent of prison. Since then it has come out that the on these fittings alone. Altogether the Horse real offender paid the man arrested to act as his
Show is settling down into a regular sinnal deputy prisoner, and many other cases of a affair to be look forward to by all who love to similar kind have come light. The Public see Society gathered together in smart assom. Prosecutor is taking the matter up, with a
blages, with a touch of entertainment thrown in. view to sending the deputy to prison on his
BIR ROBERT MART. own sccount for conspiracy, but it looks as though Parliament would have to pass special enactments to prevent the spread of this parti cular branch of enterprise.
JAPANESE IMPERIAL VIBITORS.
Sir Robert Hart was out for a little while on
WEATHER REPORT
5 The question of the Government having its own treasury is a subsidiary one. Posaibly it may be necessary to build a treasury if no one of the banks will hire a vault or undertake tits inamo and redemption of the notes.
6. It is estimated that the revenue would be benefited to the extent of the difference of 1 the investment of half of the bullion deposita, per cent, note duty and 34 per cent. interest on
the delegatos from this side should be both You will understand that it is important that
numerous and influential. Up to the present time only a small proportion of the total number of Chambers have definitely notifled me on the abject of delegates, and I would therefore orge upon all who have not done so the destra- bility of calling, if necessary, special moetings and communicating with me upon this head with- ent further delay, and, if necessary, by cable. Owing to the distance involved, the final Pro gramme of Rosciutions and List of Delegates unst, of course, be circulated relatively earlier thau has been the cass heretofore--not later, indood, than the middle of June.
It has been found impracticable to arrange a main party to proceed to Australia, but those delegates who do not wish to travel alone should of following, and I will endeavour to place them in communication with others who propose following similar routes. I should also be glad to receive particulars where delegates will be socompanied by ladies.
You will notion that spaces have been left in the sound draft programtio enclosed herewith, for the names of the mover of resolutions, and I would ask you, should your Chamber have forwarded any resolutions, to let me hear at once in order that the names msy, as far as possible, be included. I also enclose a preliminary list of Delegates
The definite programme of entertainmente to be offered to delegates immediately following appears that they will terminate a week earlier the Congress has not yet reached me, but it now 7. On present data of excess issues of noten than was originally anticipated, ie, about 10th by the Hongkong and Shanghai and the October next. 88,000,000 Government Notes would be required to delegates, said I should be glad, therefore, to Chartered Banks it is estimated that at least Tickets of identification will shortly be issued by the Community; leaving out of account the be kept informed of any change of address-1 fact that notes are so scarce at the present day, as to manke s difference of 0 per cent. between them and the legal tender.
Taking the above figures:- 88,000,000 @ 1 per cent. Stamp Duty-580,000. 84,00,000 @ 31 per cent. internet-140,000.
Difference in favour of revenue, $60,000. Ex- penses are estimated at $15,000 p.a., leaving a net increase of revenue of 345,000
It should, however, be distinctly understood that the suggestion for the issue of Govern ment Notes was made not necessity of increasing revenue, but almost solely on account of the fact that for some years there
account of the
has been a difference between 'ank Notes and legal tender amounting to as much as 31 per cent. and also that Government is responsible for the furnishing of a convenient currency.
A. M. SON,
Colonial Treasurer. The receipt of the above informažina, was duly acknowledged by the Secretary of the Chamber. mont was rend and approved:-
The following draft letter to the Govern
Hongkong Chamber of Commerce,
28th June 1909:
The Secretary,
KENBIC B. MUREAT,
Secretary.
Chamber of Commerce. Enclosuria -
Second Draft Programme of Resolutions, List of Delegates nominated to date. Enclosures were laid on the table.
.
A reply was sent that the matters referred to in the latter will receive the early attention of the Commo
-l: -.-t
trade in general, together with any reasons and argumente which you may be able to advance in support of your position, and any other particulare which you may con sidor to be useful,
We would respectfully request that your communications should, if convenient to you, ba written in the English language or have an English translation attached, as this language is most widely understood and used by all other and the Japanese,
There in every reason to believe that the Japanese will pusk their views by all diplomațio and peaceful means. It is therefore our desire that the mappert given to foreign trade interests here, shall as prompt and effective as possible, and we request you to assist us by equipping your Home Government with the most accurate information enabling them to support to the fallest extent thoir Country's, trade with Japan, and by any other means in your power to co operate with us to the same end. We are, do,
For The International Tariff Revision Committes, EL C. DAVIS,
Chairroan.
The President,
The Chamber of Commerce, Hongkong.
It was decided to circulate the foregoing letter among the Members of the Chamber with the idea that those whose interests were likely to be affected by the New Tariff sight take the steps for their protection therein mentioned,
It was considered that individual action for the conservation of individual interests was advisable, but the Chamber would take the matter up and represent the views of members if it were so desired.
ARBITRATION AND SUKTETS ON PIECE GOODS,
Letter from Bradford Chamber :--
Exchange, Bradford, 11th May, 1909. DEAR SIR,This Chamber has hail under consideration the important question of claims made by buyers in the Eastern arkets in re- speet of alleged inferiority in the quality of Worsted, Woollen and Cotton goods delivered, and the results of the Arbitrations and · settle- ments of these claims. A considerable amount that of
dissatisfaction has arisen amongst exporters
REVISION OF TRA CUSTOMS TARIFP OF JAPAN. Letter from International Tariff Hovision Committee of the Yokohama Foreign Board Trade:--
Yokohama, 7th May, 1909 SWe have the honour to inform you
of
Committee, selected from the foreign business of these goods in this district of account of firms realdout in Japan, has been formed under their having had to submit to adverse decisions the above title. Its object is to watch the and to make allowances and pay the costs of interests of the foreign trailers in general and Arbitrations. Several exporters have declared of resident strangers, in connection with the amphatically that the goods in respect of which revision of the Customs Tariff of Japan, they have had to bear a serious Loss have been consequent upon the expiry of the Present fally up to the required quality and that there. Str. In reply to the enquiry in your letter of Treaties in August, 1911, notice of which has fore they have had to suffer through some error 11th June, 1909 (No. 8641/1908). I am now already been officially given by the Japanese of judgment on the part of some Arbitrator or directed to state that my Committee sex no Authorities
Surveyor This committee has been inaugurated and This Chamber has no doubt that having objections to a Government Note Isans provid ed such an issue does not mean a loss of revenue formed under the auspices of the Yokohama regard to the difficult circumstances attending to the Colony or an increased expenditure Foreign Board of Trade, and is therefore repre- such cases the greatest care is taken to secur without a consequent and equivalent increase of sentative of the largest business interests of the the services of the most competent Arbitrators The Hongkong Obervatory yesterday issued zevenue, and provided the conditions of the issue country, and of quite an international character, or Surveyors obtainable to ensure a fair and
aru such as to in no way hamper the frule of It counts among its members British, German, just decision. I am desired, however, to sug the Colony.
American, French, Swiss, Austrian, Datoh, gost to you the advisability of the adoption-in- With regard to the Memorandum of the Hon. Australian, Swedish, Norwegian, Bussian and your district of a system similar to that in the Colonial Treasurer dated 5th June, 1909, other representives.
force in Bombay. I am to say that in the and enclosed in your letter above referred to Articles of Import, of a highly protective practice in your district to that prevailing in The present Tariff is, in the esan of many view of this Chamber, the assimilation of the my Committee are of opinion, in the case of a Government Note Tasne, that the issue and nature, and there is very indication that Bombay would be likely to give greater con- redemption of the notes should be undertaken national sentiment fareurs du increase in fidepoe and to ensure the continuance of the by the Government, that Government Offcials the import duties, tending especially towards good relations existing between buyers in the should be in charge thereof, and that the coin shutting out many foreign articles sut sub East and exporters in this country.
I stituting for them articles of native muko. and or securities held.
am, therefore, desired to express the hops against the circulation should remain in the hands and be entirely In the circumstances it appears to be of vital that this suggestion will receive your careful under the control of the Government. It would importance that foreigners Interested in the consideration. Ini, &c.,
TE. ASDERSON, incinding doubtless
Secretary, therefore be necessary for the Government to import trade of Japan,
rangand
for Department to issue and redeem several mombers of your Charaber, should use all the means at their disposal to represent in 1 to have a treasury of its own. The Colony occupies the position of a financial the proper quarters their own interests, and ocentre for the Southern Provinces of the Em-th se of the countries to which they belong. pire of China, and large amounts in bard With this object in view we would resture to
the following report :--
On the 7th at 11.55" B.m.—The baromater has fallen moderately at the stations around the Son of Japan owing to the depression, which has reached N.E. Korea,
Pressure has given way slightly over China, except on the M.E. coast. It is still relatively low over the N. part of the Chins Sos.
The highest pressure lies over the Pacific in the neighborhood of the Bonins.
Light or moderate 8.B and E. winus may be expected in the Formosa Channel and along the northern shores of the China Sen.
Hongkong rainfall for the 24 hours ending t 10 am. to-day, 0.00 inches.
Sunday for the first-time since he caught s chill a month ago. As a matter of fact he is far from well yet, and I confirm the belief mentioned in my last letter that he will not
The forecast for the 24 hours eading at return to the East. He still lives in the hope to-day is as follows
Hongkong & Neighbourhood (*) that he will recover his health completely, but these who have seen him in his London house in Formosa Channel. Cadogan Place agres with me that his talk of
Prince and Princess Nushimoto of Jagan bere been among the many visitors in London, and they have been entertained by Royalty, by Government officials, by military and naval men, by the Japan Bocisty and others. The extending his leave really means that his work South coast of China between-)
weather has been against them, but nevertheless the garden party given in their honour at the Botanical Gardens by the Japan Society voa, a pronounced success and was attended by all For
in China is completed...
AMERICA AND CHINA.
When I wrote in my last letter of American attention to China I had received bints that
zoon
dollars are therefore liable to be imported or suggest B.E. winde,
exported suddenly, Shipments of several lace Light or mo- derate.
of dollars at one time are of frequent occurrence, and it is on record that only some Bame sa No: 1 three years ago one steamer brought 124 laca, while more recently 815 lacs were exported in Same an No. 1. one steamer. It may consequently be inferred that considerable variation will take place in (*) S.E. and E. winds, light or moderate; the amount of notes in circulation in fact
Hongkong and Lamocks,
South coast of China between" Hongkong and Hainan....
fair.
the difference between the highest and
The Becretory, Chamber of Commerce,
Hongkong.
A letter from the Government was received. covering a copy of a letter similar to the foregoing which has been sent to the Govern ment by the Bradford Chamber and on which this Chamber's views were requested
That your Chamber should put before the Foreigh Oce of your Country or other proper authority year ideas and saggestions regarding any change in the
It was decided to write the Bombay Chamber Tariff between your Country suddupan, That you should wand us a short statement of Commercs to obtain particulars of the system showing the principal articles in respect of in vogue st that Chamber in reference to which yen consider an increase in the pre- Arbitrations and Surveys on Piece Goods.
(Continued on page 5.) sent scale of duty would be injurious to tho
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