1914-05-06 — Page 2

Page

INTIMATIONS

THE HONGKONG DAILY PRESS, WEDNESDAY, MAY 618, 1914.

the Canton Government acted up to the spirit and letter of its orders by itself accepting the notes at their face value. And what has been the result? Take the case of the railway fares on the Canton-Kowloon railway We imagine that almost the

Mr. P.D. H. Grant of the International TELEGRAMS. TELEGRAMS. TELEGRAMS.

Bank at Kobe has arrived in Hongkong where he succeeds Mr. M. D. Carrie as sub-manager.

Mr. Moe Chenng sends us some good. specimen photographs of the burnt-out

A. S. WATSON tire takings at the Canton station hull of the Tai On as she now lies near

& CO., LTD.,

ESTABLISHED 73 YEARS.

for some time past must have been in currency notes. The traveller com ng to Hoaglong would naturally pur. chase his ticket with Canton Government notes which ko is able to buy for one-half or one-third of their face value, and by 20 doing he is able to do his journey for half the sum which it should properly cost him.

Stonecutter Island.

[THROUGH ABUZER'S AGENCY,]

BRITISH BUDGET.

LOCAL TAXATION SYSTEM TO BE

RECONSTRUCTED.. REVISED SCALE OF INCOME-TAX. INCREASED DEATH DUTIES.

LONDON, May 6th.

(THROUGH BRUTER'8: AGINOY]

COUNT OKUMA AND THE ANGLO-

JAPANESE ALLIANCE:

[THROUGH REUTER'S AGENCY.]

THE TAI ON" PIRACY.

COMMENTS IN PARLIAMENT. AN ECONOMIO ALLIANCE IN CHINA DESIRED.

LONDON, May 5th. LONDON, May 6th.

In the House of Commons yesterday The Times correspondent at Tokyo Mr. Fell; (M.P., for Great Yarmouth), telegraphs that Count Okums, the new suggested that the destruction of the Toi Promier, in the course of an interview. On was due to the Government's failure dwelt on the importance of the Alliance to build the now gunboats voted by Parliament for patrolling Chinese rivera. Mr. Winston Churchill replied that, in

Police. Constable Billbrough, whom Mr. Wood some days ago committed for trial at the criminal sessions on a charge of burglary has been released, the Attorney- General being unable to find sufficient grounds for proceeding with the case.

Mr. A. G. Stephen, manager of the the Exchequer, in introducing in the with Great Britain as the contre of EXCELLENCE has been taken of the "good chance hai, the Mrs. Stephen, came down to the for the year, said that the exceptional development into an Economic Alliance the absence of particulars, speculation on

We understand that the fullest advantage Hongkong and Shanghai Bank in Shang House of Commons yesterday the Budget Buthority in the Far East, and urged its

CHEMISTS, DRUGGISTS AND PERFUMERS, Ero. Erç.

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THE GOVERNOE.

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Colony on the RMS. Empress of Russia.

Mr. Lloyd George, the Chancellor of

Mr. Stephen takes charge of the Bank prosperity in trade bad reached its

for six or

A meeting of the Sanitary Board was

and

FALSE WIRELESS MESSAGES.

LONDON, May 6th: Uneasiness is felt in connection with

The British in China-the one Ally to supply the the subject was useless.

was believed

purpose. seven months during the highest point, while unemployment had money and the other to aid by means of patrol in the Canton delts

and other advantages due to geographical Mr. Arthur Lee (First Lord of the absence of Mr. N. J. Stabb, who is going been at its lowest. They had been able its intimate knowledge of Chinese matters to be sufficient for its home un leave. During Mr. Stephen's to meet all Supplementary Estimates

Admiralty in the last Unionist Admini- propinquity. absence from Shanghai Mr. J. D. Smort also to realise a surplus of £750,000.

stration) pressed for further protection will act as manager in bis place.

He had consulted the best authorities,

in view of the frequency of the pírating and believed that there would be slack

of British ships on this route. coming year, while other branches would be busier than ever. He estimated that upon the wireless message about the Siberic. existing taxation the roven se would. There have been several cases of false amount to £200,055,000, and that the total alarms, which are making shipmasters

chary of rushing to assist. expenditure would be £205,986,000, leav ing a deficit of £5,330,000,

GERMAN SHIPPING AGREEMENT FOR EAST ASIA

HAMBURG, May 5th.

rats.

The Norddeutscher Lloyd and the

JAPANESE NAVAL MISSION TO FRANCE.

- which this state of things offers to the average Chinese, for it has become a common practice to purchase in Canton return-tickets even when the traveller has no intention of returning, for he knows how to sell the retora half in Hongkong at a handsome profit. It is the Chinese Government which suffers, and it in the HongoDB held yesterday. The President, Mr. as in certain branches of trade in the Government which benefits, for it practically. W. Tratman, was in the chair, and means that by the time the Chinese those also present were: Col. Irwin Administration has paid to Hongkong, in Messrs. P. W Goldring; Ng Hon Taz Hongkong currency, the fixed proportion of Chan Kai Ming: Dr. Francis Clark the fares of through passengers, practically (Medical Officer of Health), and Mr. E. nothing would remain to them. Healising W. Hamilton (Secretary). There was no

SYSTEM OF RATING, this by bitter experience, the Canton business of public moment dealt with, Government bas boldly gone a long way but a return which was laid on the table

The Chancellor dwelt on the urgent towards repudiating its note issue. showed that between April 12th and 5th necessity for relieving local taxation, as That is to say, it no longer consents the latest returns, 2,219 rats were caught the rates in some districts had doubled in to accept these notes at their face valve, in Victoria and 22 in Kowloon. Of the but at a heavy discount. Though this former number, 22 were found to be recent years, especially in connection discount is much less than the current infected, and of the latter 15 were plague with housing, education and roads, Hamburg-Amerika Linie have concluded The present system of rating, he said, a working agreement for East Asiatic was perfectly indefensible; and, more business. market rate, the Canton Government's

At the Shanghai Club last week a over, there was great inequality between action is in simple fact a repudiation of its notes. It seems time that the financial private complimentary dinner was given rich and poor districts. Substantial aid affairs of the province were put into Mr. A. E. Stewart, of the China and must be given by the Exchequer to save Japan Trading Co., Ltd., who is leaving municipalities from bankruptcy, and a

BREST, May 5th. the hands of a Receiver, for virtually Shanghai on furlough. Mr. Stewart has new system of valuation and local taxa-

Captain Nakajo and Lieutenant Hori a state of bankruptcy has been reached, for a period of twenty-one years been

of the Japanese Navy, have arrived on a There has been a great deal of talk for some prominently connected with the Shanghai tion must be established. The idea of

Football Club, for many years as a the Government was months past about a promise on the part of player, for as many as a member of the national system on a fairer and more mision. They have visited the Maritime

recently bas the Poking Government to remit a sum of Committee, and

valuable service in the capacity of referes impartial basis as between classes and prefecture and were authorized to visit tex million dollars for the purpose of recognition of his long association localities. The taxation of sito values the axsonal and Naval school. rehabilitating the note issue, but this with the Football Club, and of his would form an integral part of the system promise has not yet matured. It would valuable services, he was last week pre of local taxation, and Government would insist upon efficient results as a condi certainly do much to relieve the situation, sented with a handsome gold wrist watch,

suitably engraved. but what Kwangtung seems to need, in

tion of receipt of grants from the Exchequer. Among the grants there A. S. WATSON & CO.. common with many other Provinces of

would be one for Public Health, while grants for Roads and Education would be raised. The total for Health would be £4,000,000 annually, besides a further grant for fighting tuberculosis, the train ing of nurses, for laboratories and the diagnosis of diseases. The increase in the Education grant would be £2,750,000, and Mr. John Peel's President (My Heerd) 1 would cover the feeding of necessitous Mr. Lamerton's Bornite ... (Mr. Rowe) children, and physical training There Mr. Ellis Kadqorie's Durbar Chief

(Mr. J. K. Brand) 3 would also be a grant of £1,250,000 to facilitate the working of the Insurance Time, min. 28 4-5sces. THE MONGOLIAN PLATE-One mile and Act. The grants would commence is a half. Mr. Fritz Breitung's Liebeslust

(Mr. Heard) Mr. Beckenham's Coccinelle

(Mr. J. A Brand) Mr. A. O. Fisher's Springbok

(Mr. Burkill) 3

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LIMITED,

HONGKONG DISPENSARY

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The Baily Press.

SHANGHAI RACES. SECOND DAY.

done

[FROM OUR OWN CORRESPONDENT, 1

SHANGHAI, May 5th.

The results of to-day's racing areas

THE CHU-SA-ZA CUP-Three-quarters of mila.

Chins, is a competent and honest adminis- tration. Before the Revolution the Pro- vince of Kwangtung was making a larger annual remittance to Peking than any other Province of China. Since the Revalu tion it has remitted practically nothing at follows:- 130

all Why? The taxes are still being collected, and, if we mistake not, certain supplementary taxes which were imposed At the time of the Revolution are still maintained. On the other hand, the Provincial Government har had to bear some additional burden for the maintenance HONGKONG, MAT 6TH, 1914.

of troops, but the net result should be a rubstantisi surplus. If, instead of sending INSTEAD of improving, the currency situs down Finance Commissioners who know tion in the neighbouring Province of practically nothing of finance, the Govern. Kwangtung is steadily growing worse. The ment at Peking were to engage a few market value of a Canton dollar note to-day foreign experts to look into the financial is about 81 cents in Kwangtung silver affairs of the Provinces we have very little. currency, and about 29 conte in Hongkong doubt that it would result in a vast improvre currency. Could anything be said in ment of the revenue, just as Sir RICHARD stronger condemnation of a Govern- DANE'S supervision of the Salt Monopoly is ment than that its currency is in this resulting in an astonishing growth in the deplorable state? It is estimated that the

revenue of the Salt Gabelle. When it i note issue of the Province is between thirty remembered how flourishing the Province and forty million dollars-there appears of Kwangtung appeared to be before to be no precise record-and for this the Revolution, one cannot avoid the large sum there is absolutely no reserve impressing that there must be something How many cleverly forged notes radically wrong somewhere in the adminis.

** Dead hont

2

to establish a

December, and would mean adding £4,218,000 to the deficit and, allowing-for margin, he would have to raise the total deficit to £9,800,000. He proposed various changes.

un-

INCOME TAX. The income tax would remain changed for earned incomes up to £1,000, while between £1,000 and £3,000 it would

Time, 3min. 15.1-bsecs. THE SHANGHAI DERBY.-One mile and a half. 29

Mr. Durgor's Concession (Mr. Burkill). Mr. Spero's Everingham (Mr. Moller) Mr. Oswald's Bartonbill

1

range from 101d. to 1 4d. The tax on

THE LATE DUKE OF ARGYLL.

LONDON, May 5th. The body of the late Duke of Argyll will be taken to Westminister Abbey on

Thursday

Mr. Churchill said an inspection of the

Navy List would show that a considerable number of ships were employed in the Far East, and he believed that there wore a number of gunboats in the West River

DER OSTASIATISCHER LLOYD SERVICE.]

CHINA SERVICE.

THE WANT OF MONEY.

PEKING, May 5th.

The Minister of Finance is to conduck negotiations with the Quintuple Group of Bankers for": дл immediate loan · of £2,000,000, payable in four instalments during the next four months.

THE MANCHUS AND THE CONSTITUTION.

PEKING, May 5th.

The ex-Emperor Hsuan Tung has sent Hei Hsin to return thanks to the delegates, on behalf of the Imperial family, for inserting the privileges of the Manchus in the revised Provisory Con- atitation.

LIANG TUNG YEN.

PEKING, May 5th

Their Majesties and other members

The Peking Jih Pao reports, the of the Royal family will attend the Memorial Service on Friday..

departure of Liang Tung Yen to Tientsin, On Saturday the funeral will take as he is unwilling to take over the port- folio of Minister of Finance; he is."how- place in Scotland.

ever, willing to take the chair in the pending negotiations on the revision of the Customs Tariff.

AN OFFICIAL POST ABOLISHED.

PEXING, May 5th..

COURT MOURNING TO BE SUSPENDED.

DANISH ROYAL VISIT TO ENGLAND,

LONDON, May 5th. Court mourning will be suspended from the pth to the 13th inst. the occasion being an official visit of the King and Queen of Denmark to England,

THE MEXICAN CRISIS

WASHINGTON, May 5th. General Funston reports that 10,000 Federals are now in the vicinity of unearned incomes would be raised to

of them are (Mr. Bremner) 1 4d.

and

super-tax would be Vora Cruz, where some Time, 3min. 09 2-5secs.

operative on incomes from £3,000 entrenching. THE RACE CLEB OUR-Two miles,

and upwards, upon graduated Mr. Permy's Perseverance

Thus some scale, rising to le. 4d. (Mr. Laurence). Mr. Evelyn's Sir Pellens... (Mr. Vida) 2 incomes would pay 25. Bd. in the £. Mr. Lerad's. The Night Bird

The ordinary income tax would yield (Mr. Fock) (3 Time, min. 18:3-5seck.

$5,250,000; the super-tax would yield this THE SICCAWEI CUP: One mile and a year an additional £2,500,000, and would Mr. G. H. Thomson's Paladin Mr. Habitat's Halite

long the stocks held by the tration when the Provincial exchequer quarter.

people of Kwangtung no one can say. A cannot be repleted from the ordinary case which occupie 1 the Courts in this sources of vorenus, and when, instead of Colony a couple of years ago relating to the making a large annual contribution to forgery of some thousands of Kwanglung Peking, the local Government in obliged to notes which were brought here from Japan bega dols of ten million dollars in order to

ultimately yield £7,750,000 He hoped to obtain another £250,000 from income tax on investiments abroad.

AN ENGLISH BYE-ELECTION.

LONDON, May 5th.

A Presidential Rescript promulgates

the abolition of the Post of Secretary- General to the President, at present occupied by Liang Shi Yi.

TIBETAN AND " MONGOLIAN AFFAIRS.

PEKING, May 5th. The Bureau for Tibotai, and Mongolian Affairs has been re-organized into a kind of Ministerial Department.

THE PLAGUE EPIDEMIC.

The number of cases of plague notified

Mr. Masterman, Chancellor of the in the Colony last week was 233-132 Duchy of Lancaster, who was defeated occurring in the City of Victoria, and 71

recently at Bethnal Green bye-election, has been invited to contest Ipswich by the Liberal interest, which seat is vacant owing to the sudden death of the Rev. C. Silvester Horne in Canada.

Mr. Burkill)--+

(Mr. J. K. Brand)

INCREASED DEATH DUTIES. Mr. John Peel's Moffat Mr. Heard) 3 Time, mia. 3-5cca,

The Chancellor announced that the THE CONCORDIA Cree mile and a death duties on estates of between £60,000

AN EXAGGERATED REPORT.- and £200,000 would be increased by 1 per cent., while the maximum would be ra

raised

PERTH, WA, May 5th. Mr. Oswald's Bentley (Mr. Brenor) Bir Pan's Charm Dablis

(Mr. Barkill) 2 to 99 per cent. These would produce

An investigation of the report of $660,000; and the Settlement Estate missionaries in the Drysdale River being Mr. Permy's Perturbation

(Mr. Laurene:) 3 Duty £150,000, All these made a total massacred shows that the mission was Time, 2min. :38, 1-5secs,

of £8,800,000 He thus had to find

taken of the Sinking Fund. The loss of life.

ew proposals, said the Chancellor, f marked a decisiva step towards the happi- ness and efficiency of the people, and the greater strength and honour of the nation.

in the other districts of the Colony. The deaths from the disease during the week numbered 171, All but six of the cases were Chinese,, the exceptions being a Malays, 1-Japanese, Indian and 1 Filipino.

The total number of cases for the year up to Saturday last had reached 1,013," and the deaths had totalled 911.

OUTLOOK FOR SILVER.

Mucatta & Goldsmid's circular dated We subjoin extracts taken from Messrs. April 3rd- PER F The price of silver, which since March

28 13/16d advanced to 28 15/16d. on the 2nd inst, and to 27d. to-day with a steady undertone Early in the week the announcement that a Chinese railway loan for £6,000,000 had been arranged strengthened the market and made bear sales on China account unattractive, but the market has since been further strengthened by the announcement that the syndicate formed to take over the silver formerly held the Indian Specie

by the Bank, amounting to about £3,000,000, had

DERBY BETTING!

LONDON, May 5th. The latest London betting on the Derby is as follows:~~11 tu 4 Kennymore; 4 to 1 heredior's speech occupied the Tetrarch; 8 to 1 Black Jester thers in delivery."

The Budget statement was not followed.

to be and put to what was on the Centen de verament will somehow mad. eyes of the public to what was going on the Canton Government will somehow ud. and made them extremely reluctant to dla llenwch with this business, hut in the accept notes. The Canton Government has nemal interests of trade it is to be hoped attempted the most drastic means of that sorine ffor will be made by getting its notes circulated at their face practical men to find the remely without Te PEKING STAKES. Ons me. value. Soldiers have been paid in notes at farther delay. The Canton G›vernment M. Demet's The Buster .... (Mr. Hill) another £1,000,000, which would be attacked on April 4th, but there was no 13th had only varied between 264d, and their face valua and they in turn have has gone quite far enough towards au Mr. Thomas Picadilly...(Mr. Lindsay) 2 sought to force them on the shopkeepers. absolute repudiation of its no'o issue: it Mr. C. L. Maxwell's Inkous

pending (Mr. J. A. Brand) 3 Their modus operandi has been to purchase, must, sooner or later, redeem its notes at

Time, Smía, 44-5secs, say, a ten-cent article, tender a depreciated their face value if the public is again ever・ THE SHANGHAI STAKES-One mile and note and demand change. At the present to place any confidence in a Government a half time it works out in this way that note-issue in Kwangtung. In the existing The B. P. Kongai's The Gay Bird

(Mr. J. K. Brand the shopkeeper receives a note from circumstances we should think it would not Mr. Henry Morriss" Cornfield

A: (Mr. Stewart) 2 his customer worth 30 cents and under be impossible for the Government to come threat of legal punishment he i to some arrangement with large holders of Sir Paul's Royal Rose (Mr. Burkill) 3

Time, 3min 12 2-5secs. compelled to give for it 90 cents in silver the notes whereby a certain percentage of

THE SPRING Cop. One mile. and the ten cent article which the customer them might be exchanged for promissory The B. P. Kongsi's The Secretary Bird has ostensibly come to purchase. This is uotes, bearing the endorsement of hoth the not a hypothetical case it represents what local and national treasury, and payable at Mr. Ellis Kadoorie's Selangor Chief has in fact been common practice for some some fixed date within the next five years, Mr. Permy's Nomadic #10 time past in the daily business life of Can-

the promissory notes to bear a moderate ton. These impudent frauds on shop keepers are now checked, we understand, hy absolute refusal on their part to give change. How seriously this state of affairs affects the business prosperity of the Pro- vince requires no elaboration. For a time

(Mr. J. K. Brand)

by the usual debate, discussion being A TRAMWAY TO SUMMIT OF FUJI disposed of the whole of its holdings adjourned till further figures and in- formation are submitted to the House with reference to the new proposals.

COMMENTS ON THE BUDGET.

HA JAPANESE „PROJECT."

The small arrivals from New York, uwing to the troubles in Mexico, have of course -largely assisted the syndicate to achieve this, but, the fact that in so short a period It is reported that Mr. Tsuji, son of this large amount in addition to the Baron Tenji, one of the most distinguished world's production has been absorbed (Mr. Dalgarno)

educationalists in Japan, and six others speaks well for the capacity of the market, The comments on the Budget are on have applied to the authorities for and the absence of these supplies from (Mr. J. A. Brand) 2

permission to lay a tramway from the syndicate may be severely felt should Time, 2min. 091-5acce,

Party lines. The Liberals describe it as Gotemba to the summit of Mt. Fuji 1 any substantial buying present itself. rate of interest, We do not know whether → THE SCURRY STAKES -Sever, furlongs, epoch-making, as was the Budget of 1900. pormission is given, the promotors intend - The quotation on the date the syndicato soy suggestion of this nature has yet been Mr. Heard's Skidoo (Owner) 1 They dwell of the principle that the rich to establish a company with a capital of was formed was 28 11/16. so that we are considered, but it sestos to us to afford Mr. Oswald's Auld Reekie

Y1,600,000. The distance covered by the on a slightly higher level now and the man must pay (Mr. Bremner) 2

Veline will be 15 miles 40 chains, and it is outlook of the market is certainly a basis for a possible solution of this very

The Unioniste accuse the Governinent proposed to charge a return fare of Y5. healthier than it has been since the Indian Mr. Fritz Breitung's Skyell 0420

started its Specie Bank originally serious problem.

(Mr. Laufence) of vate catching and reckless france.

operations. Time, Imi 48,1-seca.

Japan Gazette.