1892-09-16 — Page 3

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THE HONGKONG TELEGRAPH, FRIDAY, SEPTEMBER 16, 1892.

ents of the Bill that it could do nothing, that it repeating forth that it

bave never seen credit so curtailed in Hongkong,. Shanghal, or in other places of the East Credit canalled accommodation is denied, financialTacl lities are almost impossible. I doubt very much whether any bank manager-wo have well known manngers h re, 1 see Mr De Bavis, the Hon. T. H. Whitehead, the member for the Chamber, and Mr. Rutter all tell us that within two or three months, time this stringency will be thing of the past. If you modify this Bill so that you have the power in bay forward, I think you will find that many of the present holders will come into the market, who are unable to get financial facilities, hay forward to the end of December say, and if the money market fa will stringent whentime cames for delivery, they will be unable to take delivery and you will see these shared thrown back again, doing harm to all who have, been concerned with them. These are two reasons outside the abers brought before you why I Intended to vote for Mr. Bell-Irving's resolution. If we have to decide solely on the qa siion of Mr. Bell-Irving's resolation or Mr. possible arrangement. I wish thi Chamber would show its common pense and be unanimons now, and say in uis months hence I thiek aur finances will be in a firmer condition anting diffent state of things generally wit extat. I bring forward the following amerdment:That in the opinion of this Chamber it is nesirable at mesent to make any change in ordinance 15 of 1861, known as the Share Bill, but that H. E. the Governor be requested to be good enough to refer the same lugary bick to the Chamber of Commerce six

manth from now."

ADAM LIND ON REUTER'S

TELEGRAMS.

Some good-natured friend, with the best Intentions no doubt, har sent us a copy of printed circalar beaded "Hongkong General Chamber of Commerce and signed "Adam Lind, Acting Secretary," Awesome that Mr. Lind is merely the mouthpiece of the Com- quittee of the Chamber and has only done what be was instructed to do and there are at least a dozen prosa blunders in the literary effait for which be takes the responsibility, so he hasnt performed his mission too well-we do not pro pase makng this a personal matter, but will deal with it as if it directly emanated from the Almighty Committee who make such a tremen.. doas fuas in doing nothing, or very little beyond calling each other bad names. Here is the cir cular, which wo willingly advertise gratuliously:- HONGKONG GENERAL.. CHAMBER OF COMMERCE, Notice to Subscribers to Rauter's Political Telegrams.

The attention of the Chamber of Commerce has been called to the fact that a local news paper, which does not subscribe to the service of telegrams, is in the habit of publishing them in advance of the time agreed upon with the subscribing newspapers.

Mr. De Bevis-1 may say that personally to my own knowledge there have been more appli-grams in question. catlons for shares from all prets of the East, shares in the Hongkong and Shanghai Bank, during the past month than during any month to the course of the last 20 years. All these applications have been from bong Adz-in- vestors. That is a very different kind of thing to that mentioned just now. However, this meet ing has heen called to discuss the Share Bill, and only the Share Bill. a does not matter much whether the "bule" or "bears" are in the right. If I was the head of the Government and I saw people squabbling about it I would con- since it for ten years. This colony bas lost $60 0000 or $750,000 in gambling; give it a twelve months rest. (Applause)

ather, but one thing is perfectly cestafo and that the "besta” are blamed when the reaction comes is, that if this Bill had not been in force is it. and the true state of affairs comes out and the likely that shares would have gone down to the shares bave dropped to nothing. There is no same position as now, would there have been law to prevent that, no law to punish it, no law the same cessation of share business? There is to pantab the man for deliberately entering into no evidence whitëvet, I say, to show that the a contract to buy shares for which bo bas, no prasing of that Share Bill has in any way to money to pay unless the shares happen toro fluenced the share miket except for evil. The wp. It is that description of gambling, gentle, fact remains, however you account for it, that men, and not the other which has caused the Bares have gone down and down, and no share losses and the trouble, and if it is allowed what business has been dane, sed those who supported ever possible remedy is there for it but that that bare Bill supported it on the ground that bears should exist? In the world of com- of shares would stop the merce and free trade the "bear the necessary stopping "bearing of i fall in the prices of shares, would put an end to adjunct to the "ball Stop both if you can and the legitimate business and foster legitimate perhaps you will do some good. This Share business It has not done so. 1 ledividuully Bill, endeavouring to interfere with the "bear, know nothing about the effect of this Bill except in a measure which has been tried in every In two Instances, and those lastances were los country in the world-France, Spain, Germany, tances in which men in spite of the Share Bill had England, and America-and in every country deliberately entered into contracts to tako shares after a few years' trial the enactment, has been in which the numbers were not mentioned and repealed and the market has been left to run when the time came they repudiated them on its free courte. Government stocks in England the ground that the numbers were not mentioned many years ago were subjected to some limita,

exactly verifying what was said by the oppon-ilons, but in Her Majesty's reign the Act waiGrote's amendment. But I would suggest

-the presible of the repealing was considered would have no effect, except by the mort Act deliberate dishonesty. Now after fifteen months an improper interference with the feedom of what is our position; what is our faformation, in trade la France, the same experiment was view of all that has come out during that time, tried, because the gambling was too high, but with reference to the arguments which were used it was abandoned after two years. The same in support of this Hill originally? I submit that thing occurred in Austria. As regards it is perfectly true, is was said in the general America we know that laws are frequently passed terms in which it was expressed by the late ibers in the individual interests of the proposers, Chairman at the last annual meeting, namely, and if a bill is passed to-day and found to that this Share Bill was surported by those who morrow to hurt any great man in the States it is were interested in "tulling" operations, and it

promptly repealed. America is therefore no was the result of the action of a clique, syndicate, model for us or anyone else. This legislation is Enciation, combination, or whatever you condemned by the principles of free trade upon like to call it-take the least offensive words or which we are dependent for our daily livelihood. titlo

you possibly can who were interested in Of course Mr. Belillas's statement at the last balling shares and who found themselves meeting was absurd to anyone who knows any opposed by others who were "bearing." And thing of the trade of this place, I mean when be with reference to that question of "bearing let aid that the transactions made with the Chinese me say this that it has never yet been proved and other merchants contained the fall. parti- Is one single intance that anyons sold shares culars and details, as, for instance, so many that did not exist. That is one description of bales of such and such a thing to anive about time to be taken delivery, of after a "bearing upon which Mr. Belllion is extremely such

certato date. Everyone who knows anything of trong. Some have asserted that it had been done, but no one is able to prove that it has what goes on in an ordinary merchant's office been done, or even that it is probable that knows that there is not a single article of trade it has been done. I do not say myself or commerce for which men do not dally that it had not been done, but I do say enter into contracts to sell and deliver that no one yet has proved it. So far as we which they have not in their possession but can say now on the appearance of the different which they know perfectly well they can get by ordering in this market or that. They may not shares it was not done. Men may have sold shares that they did not possess, but not shares bave the money at the moment but they know that they will have the money on the date. Why that did not exist Men may have sold shares that they contracted to buy in London and that should not the same rule be applied to shares they were capable and able to buy and knew The same reasons which promote the freedom of exactly where to put their hands on them. But trade in every other branch apply equally to we do know and anyone who studies the reparts shares. The "bear" must exist if the "ball" of the last few years knows that there was a exists. The "bear" is the proper and only wyndicate-one active and energetic young man, semedy for the bull, and as was said before who interested himself largely in supporting the alac times out of ten in the present state of com- prices of all those stoc, who was supported and merce and the present state of dealing, whe ber advised and countenanced by the Princely House in goods or money, or anything else, there and be Mr. Belillos. And it is perfect matter would not be three-quasters of the existing indifference whether these gentlemen were business if it was not for speculation. If the personally boring shares (r their own private trade of the world was confined to what was ab- use or gupporting a "sing," or individuals who solutely required three-quarters of the banking were doing an. It is a great pity that the con- would not exist. Three quarters of the business tradiction which was made at the last meeting speculation and England owes its wealth the Chambre was not made while Mr. Mackintosh and importance to that free unfettered trade was here. It would have been better il it had which you cannot felter on the one side without 'I I do not know whether he made any per-lettering on the other. My opinion is, gentlemen, sonal allusions; but certainly be madenons that that the Chamber ought to report to His Facel were a direct as those made the other day. Lency the Governor that ho good effect has been The fact remains, however, that whether the produced in the direction aimed at by the promo. Endividual referred to was personally interested ters of the Share Bili during the last twelve In share operrtiers or not, the kanse he repre- months and so far as this Chamber can judge sents was largely interested in them, and insti- the effect of this Share Bill has been decidedly

fact n

no effect lations of which he was the Chairman of bad; that so far there has been directors, and a director, were buying and taking shares largely. The whole movement was an upward movement formanyalongday-Numbers of shares of all descriptions are forced up steadily and with our present knowledge we CAR BITIVO at the causes of the fall. There were two sets of causes in operation. The general weaknes of the financial world, losses offered by different Institutions, lasses of large sums of money by residents of the colony in natside speculations, and in addition that means for certain deprecl ation, the extravagant prices to which nearly all

.01

been.

|

at all except that shares have gone lower and lower month after months and operations have diminished to such an extent that there is no buying or selling by legitimate investors or anyone else, If the Chamber should think fi to recommend anything I have much pleasure In accending this motion. (Applause)

The Chairman-Might1 make a suggestion, and that is that any further speakers might confine themselves as much as possible to the subject of this meeting, which is to express an opinion on the working of the Share Odinance. At our hers to discuss a matter of general importance to

Bir. G. Slade seconded Mr. Inchbald's amend ment.

The island of Shepah lies about 300 yards to front of Barlow's shanty when the Margate the N.W. of the cty of Ichang, and the river drove up. Their ponies were tethered, and they were running foot races, and for no reason an Intervening being shosi and the currents slack, forms a good anchorage for native craft. Of the earth yelling like Comanches to a war dance... people, they sie'said to be the scam of chang, They began to guy the Marquis on his horse. and to them is attributed a great share of the manship He made no reply, but kept on talking lot of fast year. By, the superstitious this fire to me. Finding he could not be proved that of yesterday may be considered a condign way one cowboy, nicknamed 'Broad back Morris, because of his dually broad shoulders began punishment (Joss Pidgin) for their conduct on tial looks upon it in the same light.

panion followed his example and in a couple of Sept. and 1891. I wonder whether the Celes to show the Frenchman how to ride. His com- Weather simply charming. Blankets being minates they were clclng around the Marquis, firing off thele Winchesters and using the most required at night-accent on the plural please,

Large cargoes, principally of cotton-yara, are Insolitng language. Whether the Marquis un- serving by each steamer, and as they nearlyderstood what they meant I'don't know." At all nil go to Chungking the chartered junk traffic events he rolled cigarette and lighted it. 'Drop should show good return.-Shanghai Mercury. | that, you tenderfont,” ranked Morris, pulling ap his mustang with a jerk; "drop that, or I'll elly it out of your mouth,”. At the same moment be Med ble Winchester.

༢.་

ASSAULT ON MISSIONARIES IN SZECHUAN

"De Mores turned halfway in his saddle. took a deep inspiration and blew out # cloud of A missionary writing under date 15th August, smoke, As it cleared away the cowboy took from the Yangise Ling, 55 miles NW. of Chenfellberate aim and fired. The cigarette was sent

in Szechuan, sys: Mr. Folhill-Turner and wifa with two children and Dr. Parry and life with their youngest child spent yesterday with us and the Doctor leaves for the village below: to-day, Mr. and Mrs. Polhill-Turner stay in the temple with us. They have been subjected in gross Ill-treatment at Saugplan whither they had gone In view of this complaint my Committee to meet Dr. Party, as Mrs. Turner was ill. It was while they were waiting at Sungpan bat thinks it necessary to remind subscribers of the restriction under which the news is appplied the natives who were suffering from want

of rain vix for the private information of subscribers came to the conclusion that the foreign missions only and not for publication," and trusts that ries were skilled in necromantic arts and had their future-adherence to this role will render It used these arts to prevent the rain falling. The annecessary to take any farther steps.to pata natives were lashed into fury at this, and made, stop to the premature publication of the telean.asck upon the missionaries. Mr. Turner was seized, his arms and legs tied, he was ADAM LIND, kicker and struck over the head, and having. Acting Secretary.

been overpowered the mob seized his wife and children. While this was going on a military mandarin apparently in order to gain time suR gested that the missionaries should be tried before the mob proceeded farther. This being acceded to, they were taken to the yaman and native Chistians ordered to be beaten, but volunteered to be benten to their place. The mob was satisfied and the missionaties left this place. The writer also Sungpan for

the cholera W&S stlil bad states that

of uncolined at Chents, and that lots badles were dying outside the city gaten. It was amoured that the people at the village at the foot of the mountala on which the writer was, would drive the missionaries out of the temple. owing apparently to the presence of Mr. and Mr. Polhill-Turner. Tremendous zalas had fallen and donc considerable damage, the village above refered to being nearly swamped with mad which was eighteen inches deep in some of the houses, the drought at Sougp'an-and-the rains at the Yangtzs Ling being due to the But when Mr. Adam Lind and his Committee presence of the yang jen, according to native were concocting a circular which for flagrantidens In this part of the world. Not much cre unfairness and blatant stupidity is quite a dence however was placed to the tumour that master piece, It is a ply that some sense of the foreigners were to be dilyɛn out. commen honesty did not temper their ridiculous and half-hearted manifesto It is true that the Hongkong Telegraph does not now subscribe to the wretched twaddle Reuter sends cat by cible

13th September, Byz The local newspaper referred to, so carefully Balicised by Mr. Adam Lind, which doesn't subscribe to the service of Reuter's telegrams and is in the habit of publishing them in advance of the time agreed upon with the subscribing newspapers, is the Hongkong Telegraph; the person solely responsible for the molicy of that journal in this connection is Mr. Fraser-Smith. This last item of information is for the special benefit of Mr. Adam Lind and the Com- mittee of the Chamber, so that there need be no mlilake made in the further steps which these gentlemen think fit to threaten if we do not dealst from what is most amusingly described as "the prematore pub ication of the telegrams in ques ilon," Comson, Mr. Lind, with your necessary stens ; c'me on with your whole Chamber, and show if you have more energy He did not bring out his parachute.

fight us than Mr. Francis expressed fry delight to bear what you have shown in fighting the legitimate objects had feen from Mr. De Bovis bat suggested that of a Chamber of Commerce's attention. You the revival might be conureted with the first never did anything yet. meeting of the Chamber, when the "prellinary steps of the Governor to the repeat of the Ordinance were brought before them. (Langhies). Mr. Bell-fiving: There is another paint fee. Mr. Francis. As regards ble references to the Princely House I have no hesitation in saying that they are utterly entrus

Ultimately Mr. Inchbald's amendment wa carried on a hello! by 20 to 16

Mr. Granville Sharp recapito'sted his former #reuments against the opponents of the Bill, and strongly supported the continuance of the measure.

CHINA TRADERS INSURANCE

LIMITED.

to this colony, but why didn't Mr. Lind when he trying his prentice bad at contemptible munificent contribution. of $6 (6 cash would CO., explain why this journal stopped ts be energli, nt the present market price of wasic paper) per month? There can be no excuse for such a deliberate evasion of the first principle of fair-play. Ferhaps Mr. Lind was met aware of the truth it may eveD he that he acted en direct inspiration from telead "Brawnie," or "Metallic Johnny "or some equally reliable informant However, the following letter will show the position of affairs in a true light-

The ordinary annual meeting of shareholders in this empany was held today. Mr. W. Thurturs resided. nd thers were also prosent Messrs. C. Sache, C. Jantzen. L. Krimer and J. 5. Mases (directors) A. Rod, F. E. Elias, W. Parlane, E. Burn'e E. C. Ray, G. Fenwick, C. A. Tumes. R. E Mehta, H. P. Wadmin, Van der Heyde, and W. H. Ray (secretary).

The Chairman'sald Gentlemen, the report has been in

In your possession for several days and I will therefore with your consent take it a read. The directors are pleased to meet you again with satis a report which they cannot but feel in very factory. This is all the more gratifying as the year just closed has witnessed no improvement in rates nor has competition proved less keen. The course of exchange, tor, has been the cause in commercial circles, and con-

"The Hongkong Telegraph," Hoogkou, 11th February, 1893. F. Hehderano, Esq.

S-cretary, Hongkong General Chamber of Commerce. Dear Sir, I beg to inform you that, after the end of this month, I decline to further subscribe to the Renter's telegrams sonalled through the medium of your Chamber to the Hongkong communtiy. The telegrams are as a rule

to utiliza them, sack as they are, against the terms of the agree our consideration. If gentlemen can see their wayar dividends as for the previous year, viz-18ment entered lato by all the newspaper proprie

|

sing in fragments Refore I knew what had appeard, scarcely. Da Mores had drawn hie pulled the trigger, The Winchester dropped out long-barreled French revolver from his belt and of Monis hands. He had heen that thenage hoth wrists. The bowl he let nut could have been heard a quarter of a mile. The other cowboy was then on De Maces Bank. As soon as he saw him pall his gun he grabbed his rift 1,

but had not time to raise it before the Marquis fed a second time, just as his branes gives linge and a buck. The man tumbled off with a ballet in his shoulder. It might have been meant for the head for all I know,"*

-“What did De Mores do then 27 "He rolled another cigarette, lighted it and continued the conversation,

DEAFNESS ABSOLUTELY FURED.—A Gentleman Headed himself of 13 enfness and Noises in the end of 14 years standing, a new method, will be plevied to send fill Barticulare fend Address HERBERT CLIFTON, 8. Shepherd's pinde, Kennington Park, London. S.E., Eng-Advs.

To-Day's Advertisements.

DOUGLAS STEAM-SHIP COMPANY, L**** ED.

FOR SWATOW, AMOY & TAIWANFOO THE Company's Steamship

- "THALEŠ,”- Captain Hodgins, will be despatched, for the shove Ports, on MONDAY, the 19th instant, at Noon,

For Freight or Passage, nonly to

---DOUGLAS LAPRAIK A General Managers. Hongkong, 16th September, 1891.

COMPANY, LIMITED,

1926

Anrher mitionary writing under ste,1818 August from the Yang zo Ling ways; -Mr. and Mrs. Cecli Polblll-Turner and children, who were diven out of Sungpan ten days north from here by a mob, have been staying with us in this THE SCOTTISH ORIENTAL STEAMSHIP temple since 13th. They expected to go to-day We are all well here, the weather is cool and we wear spring clothing. 20 Kuan-helen. We have had heavy and long confluued ralas. Flon Chentu we learn that hundreds are dying daily of cholera. In many cases coffins are not obtainable, but the officials have contributed towards their purchase.-N. C. Daily News.

FOR SWATOW AND BANGKOK THE Company's Steamer

"DEVAWONGSE," Captain Gea Anderaan, will be despatched for the above Ports, on TUESDAY, the zoth fast,, RE TO A.M.

For Freight or Passage, apply to

B

YUEN FAT HONG, Agent.

Wangkong, 16th September, 1893.

PERSEVERANCE

LODGE OF

HONGKONG, No. 1,165, E.C.

THE MARQUIs de mores.·· Whatever else may be said of that modern swashbuckler the Marquía de Mores, it must certainly be admitted that he is no coward, but, on the contrary, is a brave and gallant gentle. man whose abilities, like those of many others of his class, have been wrongly directed. It requires zo real courage to fight duel; this hoary *wager of battle, always ridiculous, has In these later days become third-class boffoonery A REGULAR MEETING of the above

The danger is mare especially in France. infinitesimal; you fire at your epponent at distance which places a bit in the region of the honour la satisfied. But all this is "bosh," and it sometimes, but very rarely, does happen that the dandy crack shot of the saloons, the dude of the boulevards, whose special mission is to insult strangers, geis alongside a ball-beaded Englishman who starts by punching his head and winds up by sending a ballet right through his carense in the Bois de Boulogne.

da

LODGE will be held in the FREEMASONS* HALL, Zetland Street, THIS EVENING, the 16th fast, at 8.30 forgo-fark precisely. Visiting Hongkong, 16th September, 1892. fo08

abote shares and been forced by the operations | last meeling a gentleman remarked that we were of niachisɗnces in various directions. } absolutely worthless, and as you permit the impossible; your aptagonist does likewise-and Brethren are cordially invited.

of this "ball" ring. Why did the abares fall?

In the main because this "bull" ring with all

tinors fa

the community and ho deprecated the introduce The balance at credit of profit and loss account China Mall and Dolly Press tion of any personality as not likely to help us in $495,185 68 admits of the payment of sim

most scrupulously adhered to by the Hongkong Telegraph, I cannot conscientiously continue may subscription för so-called newa to which I have an undisputed right as a tax-payer. A, Dear Sir,

Yours faithfully,

R. FRASER-SMITH. This letter was admitted to be a fair state ment of the care.

the support they had obtained were unable to take up their thares and they had to be taken up by the financial institutions, and belog thrown on the market; because in addition unable to find the margins, these shares were to those large purchasers there were many bay ing fifty or a hundred sharce In expectation of a gise, here and there, and when arise did not come the shares were left on the hands of the seller and the shares had to be sold somehow, I de to you again, gentlemes, any man who looks over the history of the share market during the past two or three years will not find A single instance in which bearing" shares has been the cause of the fall and the cause of the losses, the heavy losses, which many lodiri duption becausethe prices which existed in bat dasis have suffered. Even the Rope case is no Company's affair were caused by the balling sing, and Mr. Rustom co was fool enough to take

what he considered the rights and privileges of It was ant bis selling that caused the trouble. The trouble was that there existed "ring" to fores the prices up until they got to $150, and the verdict of the jury said that had it not been for the operation of that ring the value of the shares would not have been above Stoo. So that is no exception. There was no justification is point of fact for the pas- dog of the Share BUT y no se ho supported it was able to give anything but his opinion, and In such a matter as that if he does not state facts,

them.

matter

old

the

amount

DILIGENTIA

A

LODGE

· OF INSTRUCTION.

REGULAR MEETING of the above LODGE will be held in the FREEMASONS HALL, Zetland Street, on THURSDAY, the 22nd sant, at 5 for 5.30 p.m. precisely. Visiting Brethren are cordially failed.

'920 Hongkong, 16th September, 1892. .

A sketch of the career of the Marquis Mores, who is now under arrest in Paris for the manslaughter of Capt. Mayer (killed in a duel for which he was entirely responsible) wonki probably interest but a few of our readers, and for that reason we have dealt with the case as an item of ordinary news. Bot we hold very strong ST. ANDREW'S personal views on the subject all the same. De Moren was no doubt injudicious in his referen ces to Jewish officers in the French Army; but serious notice of the same. And when Captain A above Chapter will be held in the FREMMA Captain. Mayer was absolutely stupid in taking Mayer assumed the responsibility of vindicating BONE HALL, Zetland Street on FRIDAY, als nationals at the palot of the sword, he knew the 23rd instant, at 8 for 8.30 p.m. precisely.

Hongkong, 16th September, rīga what he was doing, and the risk he was running. Viting Corapanions are cordially invited.

ane

fencers

CHAPTER,

HONGKONG, No. 218, S.C. REGULAR CONVOCATION of the

LETTERS PATENT.

to adopt this course we shall get on much better. per cent to shareholders and 15 per cent to cantors of the colony, which agreement has been

Mr. E. R. Beifilos-Mr. Chairman, longirlbutors of uremia, the placlog of $50,000 to sperches have been delivered in favour of this reserve, incressing that fund to the substanila! amendment which has been proposed and sum of $75000, and canying forward seconded, but not a word has been said in regard $337.185.68. This Apportionment I have your approval to my principal contention, that under the pre- no doubt will meet with seat circumstances of the colony this law, is There is but nine Item in the account, whick, potessential here. I have always said that if we had I think, calls for remark, and that is the amount enough money, if we had capital floating in the written rff in cansection with the New Oriental colony. I for one would say certainly repeal Bank. The Company hrd £3,500 on fixed

Since the end of February the Hongkong the Bill." But we have not got the money. In deposit with that institution la Melbourne at the vestors baying shares thinking that a certain time of its suspension and the Directora bave Trigraph has not anted up 36 per mensem for stock consists of 1000 shares are disappointed written off so per cent of the sam af 3 d. at Rester's abortions; but it has atilled the when they find that the supply is unstable. The which rate the deposit stands in the books, telegrams whenever they were worth leg. Our mortgages have been reviewed and the without scraple, and we beg to advise Mr. 1000 is increased to 2,3 4, and soco and it is not in the capacity of the holders of these share security in are loaned. Nothing further calls for continue to do so just as long as the Government case shews an ample margin Adam Lind and his Committee that we shall to buy the surplus quantity thrown on the market, consequently there who hold bend fida comment, but he fore proposing the adoption of of Hongkong contributes $3,000 per sneem of the phares are sufferers. It is simply because we the report and accounts I shall be happy to rate-payers money for what is supposed to be have not enough capital that a law of this kind is give any further information that may be special information for the public benefit. It

required.

may intereal Mr. Adam Lnd to know that the nerary to protect the weak. (Applause). Mr. Chantrey Irchbald-It is, an

There h

being no questions, the Chairman moved Editor of this journal 'p yaz good deal of money

That was his business. Captain Mayer was adopian nf the report and accounts. Mr. A. annually as taxes, and that he fully intends to

of the most accomplished saying that "xtremes meet" and it seem to me

episy the privilege attaching to such disioterested

France ke WAS the challenger, that we are having an illustration of this fact Rest seconded the motion, which was carried.

the On the motion of Capt. Burnie, reconded by came to the Arst meeting I

philanthropy to fullest extent. The Comin

be meint to kill de Mores if he could, and IN THE HATTER OF ORDINANCE No. 2 07 1591 today. When

no doubt he thought he could, but f Informed that the Hongkong Tells

AND THE APPLICATION OF JOHN DRAPER thought that the question was whether the Mt. Ellas, the provisional appointment doring mitre of the Chamber of Commerce are hereby Tolkgrops will

ended guite the other way, as the comadic

THEREUNDER: M Share-Bill-of-1891 was to be absolutely in fete the past yest of Measts Kramer, Jantzen, and

"publish" Renter's" telegrams whenever they are- approved or in fofo repealed. What is the Sachse ss directors was confirmed.

available, and they are respectially invited Marquis proved one too many for the fencing sasster: De Mores killed Captala Mayer, and actual position today? Mr. Bel-Irving at the

to take whatever steps they may deem proper although he is now under trial for the offence, N DRAPER, Aires teet, kerin 10 interdict or otherwise prevent a taxpayer from making ure of information in which he think he was justified in his action, We side. Glasgow, Chernist, having duly sent his.

should have d

a dope exactly the same had wo bega Petitions, Specifications and Declarations to the forced into the awkward position in which Colonial Secretary's Office, intends to apply to Captain Mayer placed the Marqult, Duelling His Excellency the Governor under the provi 4-la Francais is generally childish rot, but stens of Ordiansce No, a of 1892 for LETTERS occasionally events happen which more than PATENT for improvements in the mode of pro Jestify an appeal to this summary method of venting Scales or Incrustation in Steam-bollers settling disputes. Without prejudice we do not and improvements in the method of and means healtate to say that we would rather face the for semering and preventing Scales or Incrusta. most notorious fire-caster in Paris, than brave the Lions in Steam boilers and for the prevention horrors of Hongkong: Special Jary in an of Pluing, Corrosion or Oxidisation of such action at law for libel. The duellist might bollers, which improvements are also applicable pocsibir miss you, and may is return be shuck to the coating of fron or Steel articles generally in Tait fight; a Hongkong special fury, never,sa as to protect them from Oxidization. You are % stationary target for grosa ignorance And further notice is given that His Excel- or glaring Incapacity to discern right from wrong, and down you go.

every opinion of his or the oplatos he drew from its merlag in very moderately worded those around him is of no mars valge than the speach himself admitted that new laws are opinion of anyone else. My opinion in the seldom perfect and he thought that some modiñe as anyone else's. I fully agree callon might sa introduced. Today in Mr. Rond that in this Chamber and with reference to auch Grote's speech, also temperately spokes, we ces matter as this the opinion of the brokers, who the same expression. He no longer proposes should know what is going on and he could if to repent the bill altogether, but merely they liked give facts which would support thair to modify to modify it in such parti opinions, is just as valuable, if not more valuable, than the opinions of some other members of tears that the Bill shall hold good to shares in Enancial Instirations, but shall be modified so Chamber who are not so intimately acquainted that you should allow forward sales without the numbers for a period of three months and that such contracts shall be valid for such period. I and myself on the boras al a dilemme. am in Lavour of Mr. Bell-Irvlog's resolution; af the name time I am absglutely in favour of Mr. Grole's amendment, in six month's time--when the colon, is lo fts mormal state, as I believe it will be My reason for supporting the resola tion is that over three weeks ago the crisis of 1993; came to an abrupt termination; suddenly

half an hour, by

On the motion of Mr. Ray, seconded by Mr. Parians, Messrs, Moses and Janigen were re-elected directors for the ensuing year,

On the motion of Mr. Mebts, seconded by Mr. Tomes. Messs: T. Arnold and H. Jeffries were re-elected auditors.

This concluded the business of the meeting.

CORRESPONDENCE,

14

We do not necefly saizens the opiniom expressed by

Correspondeo Le

| Lɛ this colmină.

with the Share Bill, Their faterests are most closely affected and they are persons whose

THE STREET CLEANING NUISANCE, knowledge if they thought it to disclose it would

TO THE EDITOR OF THE "Hongkong Telegraph,”. probably enable them to form a more comte

8,Permit me through the medium of your tatement of the fact than anyone else. I say xentiemen, as I said hofors, those who supported

columns to call the attention of the fospector of this Bill did not bring forward one single fact to

Nalsances and the police to the offensive con support it, to prove the necessity for it or prove

duct of the street sweepers, who need to take a their assertions that the "bearing of stocks had

delight in dashing their brooms about more or brought about the prices and losses and troubles.

less crowded thoroughfares at a time when large did not

the excellent, hambers of people are passlag by on business asy argued that it was so, but they being is little of evidence to support it, and plain, outspoken speech of the Chairman bent. Surely these scavengers could be limited so far as the history of the last keen of the Hongkong and Shanghal Bank. The to the hours of the day or night when the shoptha, and the different matters which have public did not reallis the facts first, It was performance of their duty in a thorough manner one out during that time, affect the es necessary that the speech should reach Shang: would entail Jenst annoyance to the genera slon, all the elidence we have, and all the lay hi Yokohama, Singapore, and the outports, public,

Trusting you will kindly call attention to what fortnation we can get, and all the inferences but when it was read and realised, confidence we are able to draw, ail we know is so came back to the investors and orders came by is rapidly becoming an intolerable poleance,

Yourstraly the effect that it the operation of the

have received order myself to bay the telegram. I bully" that caused the general weakness of the stock, the first I have fooled, since I have been faanchal world, that caused the terrible falls in hers. That confidence bas gone on increasing the prices of the shares and the excessive lossce, and in an incredibly short time we have seen 1. suffered. There is no more evidence now this rise in our best slogs of 20 per cent. Is li wise, prosent there was then that there was any real necessity is it polley, is it common senis, at the or cause for the Share Bil. It has been sald, moment to interfers with the return of confidence, and sald property, that the Bill interferes with with that better seling. Ith that Brighter free trade. The carious part of it is that it inter entlook? I think myself decidedly not, My feres with free Linde en que side. As Mr. Grote was reason which 3 have said I would produce and it does not interfere with the "bells is the present stringency of the market, hava man may goʻpushing up "Imdilă stares for only been out is this part of the world for sa lastance, with all sorts of absurd reports, rus years, but if you refer to the oldest roaldants they hem by to inice 'their actual value, and then 1 fti til you shat within sii thele experience they

as a vested interest, Why theic telegram Which are posted all over the colony ball an hour after their receipt, should be ex. claded from the public press for a period of twenty-four hour, we leave Mr. Adams Lied and bis Conmetes to explain to their constituents And after this li the speed, perhaps Governor Sir William Robinson will are fl to stop wasting public money for purely private purposes, and for telegrams which are universally allowed to bé alterly valueless.

GREAT FIRE AT ICHANG, 300 Lives Loss (FROM OUR CORRESPONDENT.)

of 4. Albany Kelvin-

lency the Governor under the provisions of the Ordinance aforesald has appolated TUESDAY, the 37th September, 1892, at 10 o'clock in the Forenson, for a Meeting of the Executive Council to gozder the exid Applications.

Dated this 16th day of September, 1892.

WOTTON & DEACON," "Sallctions" for the Applicant. SPECIAL NOTICE.

THE HONGKONG TELEGRAPH" will be on sale at the Hongkong and Victoria Hotels, opposite the Hongkong Club, and sk Pedder's Wharf, EVERY EVENING hom 5.30 to

so clock,

But what we started to inform our readers was Icbang, 5th Sept, 1892 that the Marquis de Mores, albeit his inclina A large fire broke out about it o'clock last dou to folly, was no car, and to show this we evening an Shepah Island, which luminated cannot do better than tell : Yankee yarn how the hills for many miles spopad. The Bre des de Mores more than held his own galast long rayed chanties in a buildings (about 400) on the odds away down in Denver. Here is the story: 922] strer fiant fat about 400 yards. Many Junks "Did you ever hear how the Margots do moored to the bank of the river and si anchor Mores winged two bad men in Cheyenne?" said shared a similar fate. There were 150 birst. A Jack Frazier of Council Bluffs to a Colorado Sun few of the burning junks, favoured by a mode. | man”- rate S. W. wing, crossed the tires and set fire No. to some well built houses in the suburbs of

destroying about twenty The loss & fire in a stone buured, but tale is is diver till (Complaints have been made that the collersely confectively time on the ter

sweep minst vigorously when they are near. There was bouses where people are taking life, windows 12 4. m, this morning; during the interval soms of course being open. It is no doubt a great two or three hundred junks of all sizes came nuisance, which could be stopped easily, drifting dowa river, quke demanageable with Perhaps ne application has been made to be the strong currenty, and crashing late the others proper authorities-Mr, Cooper, a head of moored off the settlement, There were also the Roads and Drains Department, would several junks la flames, which came too close to most likely be the best man-Ed, Hongkong ba pleasant to H. H. M. goobosi Esk, steamers

• Yung und Ehnet and the denting residences. Teltgraph)

RATE-PAYER Hongkong, 16th September, 1892.

fifa

"Well, it is not much of a story, but it's an illustration of a man's nerve and quick thought. war in the cattle boriness in rags, and became acquainted with. De Mores in Denver in the mouth of May,—He was a very polite mas, but rather inclined to be offith, as we say in the West. About a month after that I met him at Barlow's ranch, about twenty-five malies from Cheyeque, He was mounted on a vicious bronce, and appeared to have a good deal of trouble to keep his seatud kart

A couple of cowboys who had been loading up on tanglefoot ware whooping and howling li

-PRICE ..................UTEN CENTS, Coples andered from the Office will be charged the usual rate 35 cents

Advertisers are reminded that tho Hongkong Telegrafk has by far the largest cleccuation cl East. THIS IS GUARANTEED. Terma on any English newspaper published in the Fal application.

Hongkong, 14th October, rigti