WEATHER REPORT.
On the 31st October at 12.05 pm-Pressure as increased moderately from the Yangtze Talley to Annum and Formoss and slightly vor the Philippians, It has decreased mo- araboly over 5. Msuch aria. No returns from Japan.
An anti-agclone appears to be developing per Chian.
Moderate to fresh monsoon is indicated along as E. coast of Chim and over the N. China
Jos.
THE HONGKONG DÁILY PRESS, FRIDAY, NOVEMBER 1st, 1912.
BRITISH INTERESTS AND
CHINESE LOANS..
THE PRINCIPLES AT STAKE.
(FROM A CORRESPONDENT OF " THE TIMES")
Whatever may be the eventual profit or loss accounts of the financial houses, un- dorwriters, and investors connected with the Birch Crisp loan, that interesting ex- poriment in Chinese finance can hardly fail to produce several important results. It must serve, in the first place, as a
Hongkong rainfall for 24 hours anding at salutary object-lesson to Young China's 10 am, to-day, 0.40 inches.
The forecast for the 24 hours ending at noon to-day is as follows:
DISTRICT
- Bongkang & Neighbourhood
Formeza Channel
***
FORNOAST.
(NE. wind,
strong. South coast of Chins between, The same as Hongkong and Lamocks.) No. 1. Bonth count of Chins between j The same
Hongkong and Halos
• NW. winds, moderate; fine.
No. 1.
W
CHINA COAST METEOROLOGICAL
Biation.
REGISTER:
31st Octopar, A.M.
Vraslock ...............Į
Nemuro
Hakodate ......
Takto
Koohí
Nagasaki ***** Kagoshima.....
Tahi jos
Bonin 18. ***- Chefoo Weihaiwel
Hankow Kiukiang...
Bhangbai ... Gatelui
Bharp Peak
Amoy STOW
Talhoku
Taichu Tainan Pescadores Janton Hongkong Viot. Peak Gap Book
Wind.
Hour.
Barometer.
Temperature.
Humidity.
Direction
Weather.
Force.
7 a. 29.99, 29
30.21
3009
30.02
78, 3009 7J
6.30.1271
NE
70.30 16 72 90 N
30.00
姐
OF
3005 -
w
30.01
23
N
NE
6
-29.
E
2
30.01
NE
2
7:30 13 77
NNM
5 0
16. 2007
E
630:02
3 b
79
Wuchow 9.30 17 75
Holhow...
Pakkot
Phalien...........
[C. St. Jarneg Aparri | Hobila
Legnapi
Bacolod........
Toilo
Cebu
6.30.01 73
30 06
3000 73
ENE
$29.95
b
129 93 9.
0
Labuan. Ak 130.00 84
T. F. CLAXTON, Director.
politicians of the Tang Shao-y scheul, proving that the policy of setting on barbarian against the other for
purposes of reckless and indiscriminate borrowing must henceforward be abandoned. will serve as a wholesome reminder that China's credit in the world's money mar. kets will depend in future, not upon general assurances of projected reformis or estimates of potential resources, but upon effective measures and guarantees, calculated to protect the interests of the investor. It has demonstrated, by the most conclusive practical test, that while the British Government exercises no direct control over the London Stock Ex- change, auch as the French Minister of Finance exercises over the Paris Bourse, an indirect control of a very effective kind lies, nevertheless, behind the Foreign
INTIMATION
Automatic Looket Pistol "Browning," 8' shots in 2 seconds, and amaanition to it. MAUSER SELF LOADING PISTOL, with HOLSTER BUTT STOCK.
-10 Bhote in 2 seconds, and Amigantion to fit. Descriptive lastrated Catalogues from
477
SIEMSSEN & Co., (MACHINERY DEPT.),
QUEEN'S BUILDING, PRAYA, HONGKONG.
Office's approval or disapproval of any THE AUSTRALIAN ORIENTAL
particular foreign loan. In the case of China, the demonstration of this fact should have a most salutary effect. By disablising the minds of China's finan cial advisors of their delusions concerning the Republic's opportunities of unlimit cd borrowing without some provision for control over expenditure, by demonstrat ing the fact that the British Govern ment's disapproval of the security offerol) amounts in practice to a veto on further borrowing, and that the Anglo-French market controls the international situa tion, the hot-heads of the T'ung Meng-hui must be brought to recognize the futility of further attempts to obtain foreign capital, as a business proposition, with out provision made for adequate supervi sion of its expenditure.
At the same time, this latest manifesta- tion of the Chinese Republic's financial methods, following so soon upon the Pre sident's expression of regret for the breach of faith in the "Belgian" loan, must confirm the British Government and those financiers who concern themselves.
with the future position of the holders of
Chinese bonds that the nicasures hence forward to be adopted for the protection
LINE.
HONGKONG TO PHILIPPINES AND AUSTRALIAN PORTS.
SAILINGS (SUBJECT TO ALTERATION).
Steamers.
"CHANGSHA"
"TAIYUAN
Arrive Hongkong, Leave
from Australia.
Hongkong) for Australia.
24th Nov.
1st Nov., at Noon
23th Nov.
These Steamers are fitted with Refrigerating Machinery, ensuring a plantiful supply of Ice, Fresh Provisions, etc., and have superior accommodation with Electric Light throughout and Electric Fans in the atata-Rooms. A daly qualified Doctor is carried. Keduced Fares. Cargo booked through for all Australian, New Zealand and Tasmanian Ports.
For freight or passage, apply to
Hongkong, 23rd October, 1912,
of the investor must be very carefully ductive works. scrutinised.
BUTTERFIELD & SWIRE, TELEPHONE No, 35.
¡1251
THE QUESTION-OF-SECURITY."
AGENTS.
NOTICES TO CONSIGNEES
NOTICE TO CONSIGNEES,
THE P. & O. 8. N. Co.'s Steamer
"INDIA," Arrived Hongkong on 24th Ost, 1912. FROM BOMBAY, COLOMBO AND
STRAITS.
Consignees of Cargo by the above-names? rossel are hereby informed that their goods are baing landed and placed AT THEIR RISK in the Hongkong and Kewloon Wharf and Godewa Company's Clodowns st Kowloon, where eaal Consignment will be sorted out Mark by Mar and delivery can be obtained as the Good are landed.
This vessel brings on Cargo-
From London, ko., ex as. "Moldavis
and Syria."
From Persian Gulf, ox as. B, I. 8. N.
and B. & P. N, Co's Steamers Optional Goods will be landed here unles netractions are given to the contrary within 6 hours.
Goods not cleared within 8 days including date of arrival will be subject to rent.”
No Fire Insurance will be effected by s in any case whatever.
Damaged packages must be left in the Go towns for examination by the Consignees and the Company's Surveyors, Messrs, GOUDARE TUESDATA. All chains must be presented within ten days of the steamer's arrival here. sfter which date they camet ho recognized.
and DOUGLAS, at 10 am. on MONDAYS and
No claims will be admittel after the goods
have left the Gedowns,
[T
H. W. D. SHALLARD,
Acting Superintendent, Hapokon, 24th Oo'ober, 1912
"BEN" LINE OF STEAMERS. NOTICE TO CONSIGNEES.
8.3
BENVORLICH," FROM ANTWERP, LONDON AND STRAITS. YONSIGNEES of Cargoars hereby informed tant ell Gouda are Faing landed at their risk into the hazardous and/or extra hazardone Godowns of the Hongkong and Kowloon Whart and Godown Co., Ltd, whones and/or from the wharven delivery may be obtained.
No laime will be admitted after the Goods bave left the Godowne, and all Goods reumining tindelivered after the lat Nov. will be subject to rent.
All Claims against the Steamer must be presented to the Undersigned on or before the 7th Nov, or they will not he recogniesi.
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on the 1st Nov, at 11 AM
No Fire Insurance has beets effected. Bills of Lading will be countersigned by
GIBB, LIVINGSTON & Co., Agonts Hongkong, 25th October, 1912. [1259
GOTHENBURG. NOTICE TO CÓNSIGNEES.
Given this condition, whereby alone for eign capital can create new sources of revenue in China, and the fantastic vision of controlling Salt Gabelles and railways in the interior for the benefit of SWEDISH EAST ASIATIC CO., LTD, fore bondholders sinks to its proper irrelevance,
HE Steamship
"PELING,"
inte
stored at their risk Godowns of the Hengkong and howloos and/or extira hazardous Wharf and Godown Company, Limited, Kowloon, and West Point Godowns, whance delivery may be obtained.
If, in aceepting these possibly inevitations with the Bix Nations" banks pre- before NOON TO-DAY requesting it to be!
SHIPPING IN PORT.
ATELIER
Аткоко. Мави, Городено str
Yoshihara, 28th October October, Coal.-Mitsu Bisk Kwaisha.
Asquis, German str., 1,115, C., Heunfol, 25th October--Manila nd, October, Ballast.-Butterfield. & Swirenk CHANGSHA, British str., 1,493, O. Friest, 27th October-Sydney 4th October, General Butterfold & Swire i CHIYUKN, Chinese str., 1,177, Jamieson, 27th October-Shanghai 84th October, General-Chinose.
CHOWTAI, German str., 1,120, W. Heher.
24th October-Bangkok 10th, etober, Rice and Meal-Butterfield & Swire. DAITO MARU, Japanese str., 1,274, Mara kami, 22nd October-Newohwang 17th October, Goneral. Mitaui. Bussen Kaisha
ERVIEEN, Norwegian skr., 1,344, Augen sen, 23rd October-Port Arthur 16th October, Coal-Bune & Co. ESTURIA, British str., 1,780, 0. Jones, 28th October-Singapore 2nd Octo ber, Bulk OilAsiatic Petroleum Co.
FAMARAC, British str., 3,318, A Mão- donald, 23rd October-San Francisco, TAUSANG, British str., 1,700, Malkin, 27th Bulk Oil Asiatic Potroleum Co.
October-Tegal 10th October, Sugar. -Jardine, Matheson & Co. Z HAS Foo Sarvo, British str., 1,423 Welsh, 28th Cotaber-Guaymas 24th Sept;
General-Order.
FUKUI MARU, Japanese air, 4,380, H. Tominaka, 28th October-Moji gard October, Coal. Miteui BROGAD Kaisha.
GLENFALLOOH, British str., 1,494, W. L. Gardnor, 27th October-Singapore 20th October, General.-Chineso. GLENFARG, British str., 2,037, Hartnoll, Ho, British str., 1,393, A. E. 28th October-Shanghai 25th October, General. Shewan, Tomes & Co.
Hodgins, 30th October-Swatow 20th October, General.-Douglas, Laprak & Co.
HALDIS, Norwegian str., 1,005, J. Jörgen- Ban, 28th October-Samarang, Java, 18th October, Sugar-Chinese, HALIOTIS, Dutch str., 1,078, J. Baker, 28th October-Haiphong 24th October, Oil.-Asiatic Petroleum & Co, HANGBANG, British str., 1,350 E, Wilde, 28th October-Shanghai 23rd October, General-Jardine, Matheson & Co. HEIMDAL, Norwegian str., 702, T. A.,
Johnson, 27th October-Togal 17th October, Ganeral.-Aagaard, Thore- sen & Co.
HELENE, German str., 771, J. Jessen, 28th October-Boihow 27th October, Balt -Jebsen & Co.
2,308
HIKOBAN MARU, Japanese str.,
Watanchi, 28th October-Miike 22nd October, Coal Mitsui Bussan Kaisha.
HONGKONG, French str., 730 Corretins-
JAPAN, Swedish str., 3,202, C. A. Paulspu, sen, 28th October-Haiphong 28th October, General. R. Marty. 25th October-Moji 20th October, Coal.-Order..
JEBBRIO, British str., 3,114, R White,
30th October Keolung 27th October, KALGAN, British str., 7,418, D. A. Davies, General-Arnhold, Kerberg & Co. 24th October-Wuhu 18th October, KIANG PINO, Chinese str., 1,822, Raudley,
Rice-Bitterfield & Swire. 25th October-Chinkiang 19th Octo- KUMBANG, British str., 2,077, P-Wheelor,
ber, General-Chinese.
25th October-Moji 20th October, Coal and General.-Jardine, Matheson & LOTHIAN, British str., 3,222, W. J. Look-
have left the Godowns, and all Goods remaining No Claims will be admitted after the Good delivered after the 2nd Nos, will be subject
ramined on the 2nd Nov, at 939 A.. be left in the Godowns, where they will be
Co. All broken, chafod, and damaged Goods are to
to rent.
Equally easy, is it to In the best interests of prove that neither of these aims can pos. Chins, therefore, and as a means towards silly be advanced by supporting a combo securing the declared aims of British politan group of fluanciers which at one policy in that country, the Birch Crisp rent conciliates Germany by the loan may well prove to be a blessing in gratuitous surrender of British rights disguise, and a turning point towards and special interests in the Yangtze better things of Chinese finance. This at- Valley, and at another admits the parti tempt to raise ten millions sterling in theeipation" of Russia and Japan for the Early in 1909 the British and French London market for the general purposes undisguised, purpose of asserting their Governments, by an exchange of Notes, of the Chinese Republic and upon rights and special, interests at China's agreed to unite in maintaining this than the good faith of the Chinese Gov-nor the development of British trade is loans. The actual formula used, was in loving arrived, Consignees of Cargo are hereby security which amounted to nothing more expense. Neither the integrity of China Essential safeguard in all future Chinese trument was clearly intended, it success likely to be assisted by associating Bri-istence on Canton-Kowloon terms," the informed that their Croods, with the exception ful, to be the first of a long series oftish capital with purposes of the kind Canton-Kowloon railway agreement, con of Opium, Treasure and Valuables, are being Joans. It is evident that China will re-which have underlain the Six Nations cluded in 1908; having been the last to landed and quire to borrow heavily for some years recent loan negotiations at Peking-pur- contain these conditions. As the result of the hazardous to come; for, pending the reorganization poses which frankly aim at preventing German intrigues at Peking and German of taxation and the creation of new China from developing her northern tere nice in Lombard-street, these good or reorganizing, her military intentions were subsequently abandoned. sources of revenue, she can neither dis- ritories
The result of the Birch Crisp lont and charge her liabilities abroad nor consoli- forces. date the Republic on a sound basis. Hart
the necessity for a decent interval before Optional Cargo will be forwarded on valese it been possible to raise large new loans
the Peking Government resumes negotia intimation is, received, from the Consignes under conditions similar to those named in the Birch Crisp prospectus they would able results of China's defenceless state ing the errors of the past, for putting
sent an excellent opportunity for redeem- landed here. assuredly have led China swiftly down and the ambitions of her powerful.ueigh Chinese loans upon a businesslike footing, the path of bankruptcy; and the im- bours, the officially supported group of consistent with the avowed aims of tions would have been gained at a heavy tious appreciation of the necessity for drawing from the "monopoly of support" diate profits of financiers in loan flota- British Guanciers had shown conscien- British policy, and for gracefully with cost to British traders and investors. protecting the British investor, and
China's pressing necessities rermain, the best economic interests of China herself, tween Downing-street and the Quai arrangement. An understanding bo Birch Crisp Rotation serving merely fo there would be less ground for the critic cal purposes the essential condition of amount which she has secured by the by insisting on satisfactory safeguards, d'Orsai would suffice to define for practi- discharge certain obligations in arrears; ism which has been so freely directed effective supervision over the expenditure it is therefore pertinent to inquire by against the Foreign Office's policy of of loan funds. It is true that French what means the British Government may exclusive support. But what are the finance in China has lately been subjected best avail itself of the present favourable factu The security for the investor, to the pressure of Russian" opportunity to reconsider and strengthen which the official group accepted in the ambitions in Mongolia; but if Great ity whole policy on the vexed question of case of the Hukuang Railway Loan (after Britain and France are once agreed upon political arranging for German participation on the usual plea of eliminating competi mate commercial and financial interests a policy calculated to protect their legiti tion) was of a kind which their own pre The obvious and neesssary objects of vious experience had proved to in China, the, resources of the Triple that policy have frequently been confused entirely inadequate. The Currency Loan Ettento's diplomacy should suffice to per-parison with plain ships of identical and overlooked of late, by reason of the (April, 1011) placed another £10,000,000 suade the Russian Government to adapt dimensions and engine power, the follow cosmopolitan tendencies of the group of at China's disposal under conditions her rights and special interests British financiers which has enjoyed the which had already proved to be produce necessities of the situation,
to the ing particulars are given :— exclusive support of his Majesty's Gov- tive of the worst abuses. In the recent To sum up. No loans of British in Displacement ernment at Peking. The principal arga negotiations, intended to provide China vestors' funds should be made to China Draft ments used by this group for several years with £60,000,000 sterling (four-fifths of except under the conditions formerly Speed past, in claiming this monopoly of sup which would have been drawn from recognized to secure effective supervision Indicator h.p. port in Downing-street, has been to the London and Paris), stress was laid-upon of expenditure, and the encouragement Admiralty constant effect that only by eliminating competithe broad margin of security to be found and support of the British Government Coal consumption. 12 to 13) 30:01:
tion could the safe-guards and guarantees in the revenues of the Salt Gabelle. It is should be extended impartially to any be obtained necessary for the protection only to-day, when the same security has and every reliable financier who is pre- of the bondholder. The argument may been pledged for the Birch. Crisp loan, pared to negotiate loans under these have seemed plausible enough; neverthe loss, in its acceptance by the Forest the British investor Tearns the simple conditions, and no others.
1 BAROMETES, roduced to itz degrees Faleheit Hongkong, Observatory, October 31st, 1912, on the level of the son in inches, tentos and katedredths,
degrees.
9 TEMPERATUR, in the shado, in Wahrenheit,
SHUMIDITY, in peroantage of saturation, the baridity of air esturated with moisture being 100,
DIENCTION OF WIND, to two points,
5 FOUR OF WIND, nadording to Beaufort Scale. 6 STATE OF WEATHER, b bho aky, a detached lood, d drizzling rein, f. bug, a gloomy, h hail, ightning, o overcast, I passing showere, a squally, rrain, & SLOW, ₺ thander, visibility, wdaw (went),
ORAIN in inghes, tonths and hundredthe.
HONGKONG METEOROLOGICAL
REGISTER.
Hongkong Observatory, October 31st
at
Previons On Date On Date
Day
at a.m. 2 p.
30.07
Baromater
Farbberstare
Inmidity....
Wind Direction ... Weet
Foroa
Westher
at 2 pm.
29.92
PREPAR
82
75 841
SL
88
50
East
West
3
+
ल्के
0
с
0.00
Highest open air Temperature on 30th...£3 Lowest open air Temperature on 30th ..74
HONGKONG TIDE TABLE,
From let to 7th November, 1912.
HIGH WATHE.
LOW WATER.
'kong
Morn Tixio
k, m. ft, in. 8 40 1 7 nor low-water 1 7. 75m 9 56. 1 7
or low water 1.11 4
9 40 a 5
No infer high
H'kong.
MHAN
Time
L. No infer, high
tt. in.
Star.
2.0
3
257
7
40 a 5 2
од.
4
4 39
6 9
659 5 6
RCS.
5 6 0
7 19 a 60
fed.
5
46 4 116
hurs
7.
0 0 1 8
11 S2 a 4 4 0:42 2 1
3 6
78 6 7 m 0 50
2 4
28.
1 47 a 2 8
6 5m 1 41 30 6.9
ON BALB
SOUND VOLUMES of the HONGYONG WEEKLY PRESS JANUARY to JUNm 12. With INDEX Price $7,50.
On Sale at the "HosGLONG DAILY PRESS," Hengkong, 26th August, 1912
Hico.
Chinese loans.
FUNDAMENTAL ERRORS.
the
be
truth about the Salt Gabelle, namely,
CORRUGATED SHIPS.
A NOVEL FORM OF CONSTRUCTION
Nov., or they will not be recognized.
All Claims must reach us before the 5th
No Fire Insurance will be easted. Undersigned.
Bills of Lading will be countersigned by the
ARTHUR, NILSSON & Co., Agenti Hongkong, 26th October, 1912. [40
la regard to fuel economy, in com
82 knots.
740
249.
tons.
8 knots.
636 2018
10 to 111 tons.
hart, 26th October-Sabang 17th October, General-Dodwell & Co. LOONGSANG, British str., 1,093, W. 6. G. Leask, 30th October-Manila 26th October, General-Jardine, Matheson & Co.
PASSENGERS ARRIVED.
DEPANTÈD.
Robinson, Lieut. Shoarer, Mr. Walker, Per Jelunga, from Calcutta, Mrs. Miss Silas, Mr. Solomon and Mr. Lewis. Per Yorck, for Hongkong, from Southampton, Mr. E. A. MacKay, Capt. Plain ship, Monitor. 4,554 tons. 4,814 tons. Robinson, Dr. T. D. Sloan, Mrs. B. Braga Wm. de C. Wetherell, Rev. and Mrs. J. 17ft. 11 in. 17ft. 11in.and daughter; from Hamburg, Mr. Walker Bull and family, Mr. Eggert, Dose,, Mics - Ella Will, Mrs. J. Schlaikier and baby, Mrs. W. Langschwager and baby, Mr. C. Vogel; from Genoa, Mrs. A. G. Smith, Mr. A. Gocke, Mr. Kruse, Mr. J. Tappin Og the records of the corrugated ships Mr. Richard Weodt, Mr. Reinhold since they began work an all-roundeaving Richter, Mr. Otto Mire, Mr. and Mrs. Office has lain the fundamental error of that, as a realizable security it is of no
in fuel of some 18 per cent. in claimed, and Edward Heisig, Mr. J. Jacobsen, Mr. British policy in China since 1907. For, value, inasmuch as it could no more as the Birch Crisp loan has proved, the administered by the Imperial Maritime
thus, although on account of the corruga Bodo von Harling, Mr. Thomas Petersen, be
tions, they expose a larger wetter area, Mr. W. Buehe; from Port Said, Mr. and Foreign Office might from the outset have Customs than the likia, revenues, which
yet with the same expenditure of fuel Mrs. B. A. McGrath; from Colombo. defined and insisted upon the precautions were similarly pledged and placed under
they can travel further than a plain ship Mr. and Mrs. F. T. P. Waterhouse, Mrs. requisite for the protection of British the control of the Customs by the Edict
of like dimensions and engine power.3. T. Harwood, Mr. W. B. Harwood; bondholders (as distinct from financiers), of March 2nd, 1898, as security for the
Even at full speed, it is stated that their from Singapore, Mr. E. A. Stanton, Mr. and could successfully have opposed the Anglo-German Loan of that year. Every
Rather more than three years ago, propellers may be seen revolving in clear Ch. B. Barton, Mr. Edwin J. Stanton, Botation of loans unaccompanied by those financier concerned in Chinese affairs was writes a correspondent in The Times, water, and the wake is smooth, clear, Mr. E. Moller, Dr. Kubitz, Dr. Guentsch precautions. The Foreign Office could, well aware (before the Inspector General there was launched a ship, the Monitoria, and much less in width then the ship's and Rey, and Mrs. Loo in fact, have indiented the conditions uu had stated the fact) that the provision the sides of which instead of being flat as beam. It is suggested, therefore, that der which his Majesty's Government for handing over the Salt Gabelle re usual had a double, corrugation two the stream lines are improved, and that Per Yorck, for Kobe, Dr. Harritton; would be prepared to approve of loans venues either to the administration of the outward carves extending 22in. beyond the hollow between, the outward corruga for Nagasaki, Mr. T. Nagao, Mr. Haya- to China, no matter by whom arrangal foreign Customs or to a separate German- the frames, with a corresponding inward tions, acting as a dume or duct feeds the shida, Mr. S. Matsumoto; for Shanghai, in Peking, or floated in London. By this controlled service, was useful only as curve between them-running fore and propeller with a firmer and steadier hody Mr. and Mrs. H. Carlos Munoz, Mr. means, not only would the distasteful pre-ornamental material for a prospectus. aft between the loadline and the bilge, of water to work is cedent of a monopoly have been avoided, Had not. Sir Robert Hart, after three tapering of into the normal shape at the
Cable, Mr. M. Wenteler, Mr. U Tiefen- So far, the corrugated construction has bacher, Mr. and Mrs. F. M. Longyear, but the British Cavernment would have years of streuuous efforts to control, the ship's ends with the rounding inward heen applied only to bluff bowed freigh-M. Longyear. Mr. C. Bucker, Mrs. Paul, been preserved from the political en- General and Salt likin of the Yangtsze of the Laws and quarters. Since then ters, of moderate speed, but experiments Mr. A. Antolini, Mr. K. Becker, Mr. L tanglements, from the inconsistencies and ports, admitted the thing to be im- four other ships of the same construction that have been made point to the con A. Leefe, Mr. B. S. Cenghieng, Mr. liabilities, incurred in indiscriminate possible 7 Peking. In other words, the avowed aims support of the "Six Nations" financiers at
have been launched, and two more are clusion that corrugations on the hull of Landale and servant, Mr. Tean Lasatte, now being built. In them, owing to in-
a alim, fast. ship will materially add to and Mr. Chaoda. of British policy would have been better Every Legation and every bank increase of strength in the hull, the frame her speed also. Naval served if the Foreign Office had laid Peking is aware of the truth that there spacing has been extended by half-that naturally on the alert for anything that Schnervight, Mr. A. Oelricha, Mr. V.. experts aro Per Derflinger, for Bremen, Mr. P. clear course for the guidance of British exists only one condition under which is, from 24in. to 48in. where the corruga will give a atendier gun-platform and Schach, Mr. H. Ruedebosch, Mis M. H. policy would have been better served if foreign capital can be made of benefit to tions run while the stringer plates, or
eliminate, or at least reduce, vibration, Easthagen; for Genoa, Mr. Brazier, Mr. the Foreign Office had laid a clear course China and be itself protected, the same longitudinal frames, are dispensed with, notably in swift cruisers and torpedo and Mrs. Looker and child, Capt, and, for the guidance of British financiera, condition which has made the foreign This leaves the plates always open to craft. These advantages, together with Mrs. Gretton; for Naples, Mrs. Ch instead of accepting the guidance of Lom Customs revenue the only reliable asset inspection, so that corrosion may at once a greatly strengthened hull, the advocates Rand, Miss L. Rand, Mr. M. Hamilton, bard-street and being thus led into ways in the country and the Northern Bail be detected; also, in the carrying of bulk of the new type claim that corrugations Miss C. Albers; for Gibraltar, Mr. C. M. of cosmopolitan finance where British na ways its only profitable Government cargoes, such as coal, the hold is more tional interests were frequently sacrificed undertaking.
will bestow.
Moore, Miss More; for Colombo, Mr. and or compromised to no purpose.
It is & condition which readily cleared, as there are no stringer PRINTING The declared aims of British policy in stipulates that every dollar of expendi plates for the cargo to rest upon.
ture passes, under a proper system of China may be roughly defined under two accounts, through the hands of a qualified the currugated sides are said to foral such In a heavy sea, whether ahead or abeam, headings first, the development of Bri- European accountant, invested with the a protection to the ship, by their break-
maintenance of the the political and territorial mtegrity necessary, responsibility and authority. It ing action upon the on-coming seas, that of China. It requires no elaborate argu- deplorable reasone, Young China fiercely her movements are at all times easy, and ment to show that hath these aims are resists, but which the respectable mer. it is stated that loads of timber have been likely to be attained by lending British chant class and many of the elder officials stacked 19ft. above the deck, amounting capital to China under conditions that recognize to be necessary, and even to more than 10 per cent. of the whole secure its honest expenditure upon repro- desirable, in Chica's best interests. cargo.
CONTROL THE ONLY BAFEGUARD.
Nothing creates such a good impression is business the use of First Class Printing. the difference in cont between good and ha: printing and material is generally nil,
Brassburg, Miss R. Hill, Capf and Mrs
de Moon, Mrs. E. D. Laws Mrs. G. & Whitehead for Singapore, Miss Mabel Haas Lissers, and. May Likener, Dr. Strachap, Dr. Mrs.
Miss C. Coll, Miso G. Rowy, Mr. Sandheimer. Mrs. Gray and daughter, THE HONGKONG “DAILY PRESS
Mr. K. P. Kbve. Mr. A. B. Quaon, Mr. PRINTING WORKS
John V. Hays, Mr. Mackinnon, Mre E tarn the Best Printing at venerable Prive W. Edgar and Mrs. Ritter and servant..
No comments yet.
Private notes are available after approval.