1898-02-28 — Page 3

Hongkong Telegraph 港電新報 士蔑新聞 All

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THE HONGKONG TELEGRAPH, MONDAY, FEBRUARY 28, 1898.

There being no questions the Chairman proposed the adopiloo of the report and accounts, Mr. Arnold seconded and carried unanimously Me. H. Humphreys proposed that the election of Mr. A. J. Raymond as director là succession to Mr. M. D. Exikiel be confi-med, and that the present disc lart, Hons J. J. Bell-Irving, C. P. Chater, Mestis J. H. Lewis, A. Ross and F. Maitland and A. J. Raymond, be re-elected.

Mr. J. H. Cox seconded and it was carried. Mr. Ho Tang proposed the re-eleciton Messrs. F. Henderson and W. H. Potts auditors.

of

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Mr. Byramjee seconded and it was er læð. The Chairman announced that dividend watrante would be ready to-morrow and the meeting concludet.

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» EMPIRE”

LICTUAK BY MR. W. V. DRUMMOND.

There was a farge audience at the Chamber of Commerce Room, fliw Hell, on Saturday afternoon, when Mr. W. V. Drummand, under the suspices of the Odd Volumes Society, lectured

on "The Secret of the British Empire," R. E, M-jur General Black, C. B., presided and there were a number of ladies in the audience.

TO-MORROW. .

Tuesday, 1st March, 1898. (St. David) Chinese-934 of 2nd "moon of Bfth year of

Kwong-s. Jewish-Tik Adar, 6658, Mohammedan—71A S'kawall, 1915.

Sag-Rists

a............... Shự. 15mba. Sits ................. Ar, 48mtu. Moon- Apogee lky. p.m. High water-Morning winMONdr

Afternoon was Bhr, Zimeln, Low water-Morning MONI

Afternoon saltår. 39min. ANNIVERSARIES, 1841-Trado rezumed at Whampoa. 1841-Surrender of Gezoea by Lient. Colonel

Palmer. 1871-The Garman army entered Paris. 1835-Bombardment of the Chinhal forts by

French. 1886-The Chine gunboat Suf-tring lost off

Namchow. 1897–Gold standard adopted by Japan,

SHARE MARKET.

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thlag. (Hear, bear) Tasilce might be called the great antiseptic of Bibich role. (Hear, hear) British rala wogaded the feelings and pela ciples of people who were not of our uxtionality. In a country like India where there was an ancient civilization and where caste was so strong and the customs of the people so entirely different from ur own a role like the British most wound but we supplied the antiseptic of Jaslice. That was a fair and a prejudfeed vlöw } to tako of 1, sa we could not hide the fact that 》 The Chairman, Is Introducing the lecturer,

we could not govern a country like India with sald they all knew Mr. Drummond; he was a

out lojaring the feelings of others. We inslated favourite kara and they all knew the bright

en possession and that alone was an Injury breezy atmosphere he brought down with him

to the feelings of those warlike racer, the from'ihe north. He (the Chairman) would like

Mabratias, Sixhe, and others and they enjoyed to have seen a large: audience but they knew nothing like a good fight and to be preciaded bow most people hers spent hele Saturday after-from that they looked upon is a racelice. scant. He trusted the secret of the success of They did not like interference and there were our Empire would not be given tog particularly plenty of other matters in which we had to As we did not wish to give our keen competitors read on their foollogs, sucer as sanitary reforms, too much of a ilp. (Hest, best, and laughter.),

and other things in which we came into conflict Mr. Drummond, who was waimly received,

with some of the most cherished feelings of sald that before touching an bli subject he had a

their race. Thess were wounds, but slight and we healed them and endeavoured to be fair be- few words of a personal nature to way. They

tween man and man and to give every race might think it mudacións on his part to come there and talk to them; upwards of a quarter of

ander the British flag in various parts of the worli equal chances with each other. There a century ago however, he was a resident of Hongkong and be asked that he might be put in

were two ways of different category from that of the mero cuauzi / heard it neatly expressed juice and he had because they were a rica imbued with 130 spirit | Hoogkong Firas $371 saler'; Chíus Firus $1083TM-

only a few days ago. vishor. He was ladaced in weak moment by It was a conversation between an Englishman his excellent filed, Mr. Pallock, who worked and a man of smother nailously. The latter this society to encrgetically, to deliver this ad-sald fronically, "You Britishers seem to try to dress. He had brought no notes or papers with go on the principle of, do to others as you would bim but he had one liitle thing that might make We express is 'do others as you expect them to have them do unto you? Well that's wrong. op for a lack of day detalls and books of statistics.

do you!" (Laughter.) Each country of course Not long agn a young lady had undertaken to deliver a lecture; she had never done seything excellent speech he heard at Shanghal the had the liberty to choose for itself. In an of the ro. fo her fo bifore and she asked a profesem, a filend of her fatter's, what course

speaker well said that the British rule was not she should take, whether she should and her perfect, but the tendency was always to make fecture, and sO ON, The professor wald, "There it better and better. Lapues would occasionally le just one thing to do. Just saturate yoursol! take place, but taken as a whole, and that war with your subject, and forget everything else and

the only way in which we could judge, we could you'll get along all right."" She said in tones of

and the test higher and more satisfactorily horrorSaturate myself with the subject ? My

than any race in the world, The Privy Council subject is Diluk!" (Laughter), Something

was far off and yet it governed our rights and like 20 years ago be 1 gan to take an interest privileges every day, and it was one part of the in his subject and ever since he had takan

secret.” To see the extraordinary work of the greater and greater interest in it and had read Privy Council if they took a sketch map of the all bo- could on the subject

His mind was

world and painted fed every part of the earth therefore highly sau ated with the subject he cupled by subjects under the jurisdiction of was going to put before them. It war, he feared, of the Privy Council in London they would be a rather diy one. ("No, no.") Well, he knew astounded. It was the most unique thing in the gentlemen whom he advised to go yachiing in history of the world and, up to the present, there was nothing in the world to approach it. The stead of hert ng bim. (Laughter.) He had taken a pretentious title for what Mr. Pollock ale extended over Indl Ceylon, Barmab, the was god enough to digally with the name of Western America, Australia, New Zealand, and British settlements In Chins, Japan, Naith-

to the Chinese and they were punished under laws of which they never had heard of the exis tences and no Commission had been made to bring these laws to their minds. These are all difficulties through want of centralisation or want of organisation or knything of the sort. He recognised with Mr. Drammend that Great Britain was respected la proportion to the Justice the treated subject races with, and they shouldall bear in mind that our jus!'as was not perfect; that there were many difficulties in' lis admlats- tratton and in the Pilvy Council acf. We could in many different ways more or less inflac the good of our county. The cement of the Empire was not yet perfect and they all should | unite, to make it the very bat cement to be found in the world. (Horr, here and applause) Mr. E. Roblesa said he had guessed two words as the recrst Mr. Drommend was to Cod was "jartice," the other peak on. “liberty." The British Empire was known as the liberal Empire. It was the fact that 11 had tre ils malo support 30 or 40 millión | Englishmen Imbard with the love of freedom which made the British Empire different from all other empires. The speaker dealt with the old Roman Emplies and that of Napoleon and then said that liberty was given to the British

of liberty. The principle, however, had not always been ours, and so we lost the Untied States and very nearly lost Canada and New Zealand. Canada was now mere loyal than England ittell and New Zealand would fight to the last because they were given liberty._It was the prisciple that kept up the Beltish Empire, and it was recognised in all our possessions. those canteles wb eos: own people lived and Our strength was not in India but it was In

they told the world they were held to us by love, the outcome of liberty (Hear, hear) In India our role bad given the people mare; it gave them the hope of rising to something better fo the future and that they would get justice and educailan and sell tole.” That was the hòps that no other country held cut to 1's Astatic subjects. The principle of liory was the recognlaed principle of our Emple rnd where there was liberty these must be justten (Hext, beur.)

"The Chalimid, aald ho e greed with much that THE N. 'G. I. steamer Bormida Icht Bombay had fallen from Mr. Dammond, about the | for this port yesterday, the ayth lust,, and may work of those elderly gentlemen la a little diagy be expected to arrive here on the r9th pros, room in Lidon. He thought Mr. Robiason a young man of most corect ideas, but his ideas, were net pirical. He tek his principle of P. & O. Co.'s steamship Thames, with the liberty to a fas and liberty canted too far degene-port at a pm, on the 16th inst, and is due here outward Englaħ mall, Joft Singapore for this rated in'o licente (Hear, heat.) lecturesho briefly sepiled and the proceedings THE Ocean Steamship Co.'s steamer Zaton, froma

A cordial rate thaoks was then passed to the at about 5 pm on the 3rd pro.

terminated.

upon after long and earnest consideration. tion brought rates down to a paint at which 11 “THE SECRET OF THE BRITISH | dom. In the term “Justice" ha Included every. Isaction of these laws had ever been made known In not a angle instance has an adveiss epin, þrás almost impossible to work at a profit, and lon ro ched the ears of the Dhectors, spy to remedy this unsatisiectory state of affates the could this have heap företain the Bård | various Officer combined for the purpose of would have been spared some slight misgivings | forming an equitable Taifff; this was done bat when dealing with's matter that catalled a llifle | it appeare a portion of the Insuring pub'le thinks meddling with your profits. There has been u? - the rates fixed too bigh. I trust the remainder canvassing for votes or proxies in order to cany of our 18gy Risks will ran off without more than this measure, yet judging from the way proxies the average of losses, and that at our next Meet have been voluntarlly rendered it is safe jo con. lug if not able to present such a Report an to clude that the proceedings at this meeting need day, stiil I hope it will be a satisfactory one. no apology. As regards the Equalization of Before proposing the adollon and pisslog of Dividends qucation, the beref's that would be the Account I shall be pleased to answer soy oblatoed by the possession of a fund eligible to question shareholders may have to make relating perform such a function must be efficiently thereto. obviour, but I may recall to your recollection that there have been'no less than four cecastins lo the bletary of our Company when dividends were pald only by the help of balances brought forward from one year to the following one. Now, Gentlemen, without the change we' pro- pose to make it would not in fature be possible forms to call in the aid of a profitable year to mulet ike eattorn of an unfortunato year, for, sobject to the maintenance of the Restive • Fand at dae million Dollars, the whole of the proßis «of each and every year must be divided ratsably and paid away. For this reason alone we feet we are completely justified in asking you to give upatilag proportion of your preti's and to carry the resolutions we have framed, but there ars further reasons in other direccions. For stance, you will remember that in February 1889. the Directore obtained your sand loa to Incizie the maximum lim ́t of ilaks from one 'bandied thousand to one handieland filly thousand dol- lars, no correlative alteration being then made with regard in the Reserve Fund. Now, I need only point to the object lessons even the 1-t few weeks have taught, but luckily not brought home to us, such as the two million dollar Manile fier, with Insurance losses of 3894.cco, the Yolco hama Ballway Depot fire, with an estimated loss of $170,000,

baldes less importaci'affales at other placee; whilst, to go further sfield, thers was the great Cripplegate fire and the Melbourne | fie, with Insurance losses of glue million and thres milion dollars, respecilvely, to prove that great calamliler must occasionally happen which It would be folly to" thick thất Hongkong of Shaoghal, for lostance, were exempt from, have to add that the substitution of March for February for holding our annual meelings in will be a great couvenience to us and make very little difference to shareholders. It will probably only mean a few days delay, but those few days will enable us to wait to much longer for retures from distant agencies and to faciade them in the statements of account to be laid before you I shall be happy hear and answer any re- marks that any shareholder may wish to make before putting the resolations to the meeting. The Chairman then proposed the first resolu- tion which was secaded by Capt. Dorale and

carried.

The second isolation was also proposed by the Chahman ard Mo, Maltland seconded it.

Mr. Crawford: I see the words here "discretion of the directere." It does not require to be con- Armed by the shareholders, and li places a large amount of discretion in the directors' bands,

The Chairman explained that the action of the Directors was always subject to the approval

of the Shareholders,

The amendment was seconded by Mr. Ross, The Chai man said that the amendment met with the approval of the board.

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GEO, FENWICK & CO., LTD.

The oleth ordforry gencral meeting of share- holders was held at Hongkong Hotel to-day M. W. Patline presided and there were alio prerent Mesti A. Rodger (Director), W. G Winterburn (Manags.), T. Arad'd, J. Reiger, R. C. WEcox, F. Herderzan W. 5. Bailey, G. C. Cox and H. Hyadmın, Je

The main

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fectare. "The Secret of the British Empire" seemed indeed almostico abrord a thing to say, and it was diffier't in imagine at the end of the 19th century that there could be any secret connecies with that great or ez-alr undertak Ing, the Erlish Emplis. But he was of opinion that he was justified in the phrate he had used and he hoped to satisfy his audience that there was some justification for the use of the word "se, et 11 Questions regarding the

British Empire as a rulë divided themselves into two classes, the first-how the British Empire

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the Cape, and stretched from one end of the world to the other, and every British subject in any of these countries who had a cas: where

important issues were tovolved and who was not allsfied with local courte could take it to Lea- doa to the Privy Council. Our rights and liber- lies were given to the direct authority of the Frivy Council and that was what he thought bad rever crored their minds before. It was what made the Biltish Empita ;"it was not coa- spicuong and not the subject of poetry and of but very little proiz, but that extraordinary court exercised appellate Jurisdiction over an enor mous" mais of the human race to-day. (Rear, heur.) If he had succeeded in bringing to their minds something worth thinking of he was much gralified. If they searched history they would find nothing like this straordinary court either in shape or form. He kad seen to reference to its work in the daily papers and he was surp:lred that in the literature of the day they could not find its unique und extraordinary work described: He thought he was justified in saying that this was the secret, and he hoped that amongst the multiplelty of admirable walles who were casting widely about for a subject to write on some would take the subject be had spoken on, which was finer than any other they could touch. If his 'audience tried to study, not only how the great Empire was won but beld alio, and again he recommended them to read Mr. Flichett's book, he asked them to carry their minds a litté farther to gain information on this subject of a const which was oon of the governing principles at work all over the world, and which helped to govern a large portion of the world with the omization and approbation. Peapit not be longing to the British astion. (Henr, bear.) It only wanted to be put in plain terms for people 10 grasp the subject'in their minds and to see the great principles at work around them of which they were hardly conscious. He would like to see some great writer give the matter to the world in the share it deserved. Such a work would be a standard book for ever.

was woo, and the second-how li was kept. His subject that day dealt with the latter question, It would be an easy thing to put before them in sitiring verds the glorious deads that have won the Ballsh Empire (Applause) His friend Mr. Francis bad recently given a lecture on one of the books that so well explained the growth of the Empire-Seeley's "Expansion of England," and there was another work by the same author on the growth of British policy which he rexmmended to be well studi ed. There was also a newer and smaller which he would recommend to all—to buy it, to read it and keep and afterwards they would for give him for coming there that day. The book was "Deeds that won the Empire," by the Rev. W, H. Fitchett, a clergyman in Australia They would never find the deeds that won the Empire put in such living largunge and be guaranteed they could not read the book through, or even a chapter, without feeling a lump rising in the throat or a quivering sausation about the heart which they would not be ashamed of. (Hear, bear) Hii legidmate subject was the way in which the Belilah Empire is kept up. Many people often said that it was easier to make money than to keep it. There was good deal of truth is that, but with an amplioli was not so The qualities that go to build up an empire like ours to a position that had no contrast in the World's history were like the cement and morte in a building. These special qualities had made the great edifice they saw to-day. If it was a secret be thought they would admit that it was a very great and important one and he did not think they knew it before. His sub ect grouped as we were of our face, we' were spathetically itself into two questions-principles and the way

Ignorant of one of the grandest things shaping in which those principlex were carried out in the

our destinies. He commended the subject to "practical work of every day life. Did they know their grave consideration and if they would sasume that there was a secret he believed he or could they name any great principle which was at work around them on every side and in bad given them the key. He once more com every part of the g eat British Empire and show-mended consideration of what he had spoken ing every characteristic of the British Empire ? and sold he would add nothing more to li

(Hear, hear, and applause.)

Proud

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HONGKONG MUSICAL

EXAMINATION.

The results of the examination held in

November and December last by the London College of Music have just been announced,

The candidates to Planoforte playing worn examined by Messrs. A. G. Ward and G. Grim ble the Theory papers were examined by Dr. W. H. Sangster and Dr. Kam.

The following is the list of successful can. didates :----

PIANOFORTE PLAYING. Sier Section. Reby Ley Kom, Hose

Intermediate.

M. Danese, 1st Class........................ Serena Mehta, at Class Alfred Humphreys, Pass reverse M. A. Hyndman, P213 ** M. Carroll, Pass........................... Frank Crawford, PRE...ARTA A. A. Wilson, Past

M. F. Rodger, Pat

I. C. Henderson, Paw

Blementary.

LATEST QUOTATIONS. Hongkong Banks 191 per cent premium

sales; Douginaan $583 batore: China Sugari $1734 sales and buyers; Raubs $13; Docks 233 per cent premium sales; Wharven $58 sales'; Land Investments $74 salos,

SHIPPING AND MAIL NEWS.

MAILS DUE:

Indian (Lightning) to-morrow. Australian (Taiyuan) to-morrow. English (Thames) 3rd prox. American (Copie) 5th prox. German (Bayern) 9'b"prox.

American (City of Rio de Jansro) rath prox.

*

Tar P. & O. S. N. Co.'s steamer Sunda lett Segapore for this port at noon yesterday, the 27th fast.

Glasgow, left Singapore for this port yesterday morning, the 37th init, and may be expected here on or about Friday, the 4th prox,

*

*

SHIPPING RETURNS. From 1 pm, Saturday to 8 pm. to-day, ARRIVALS.

**

Macao "Yokohama

Venus...................................Steamer, from Barry Bengo................... Hohenzollern +191 1 Nanyang......... Mifso

Talwanics

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Amey

Kurtyang .........

Canton

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Foochow

Canton

P

Artake Maru

* KaichinotETE

(W.)

Contest Crab

Melbourne.RRANEE LEN

M

(G.)

Ingradas se

D

FT

Oslo.....1941

Sachsen..3914486

Sunghangszent

H

Wingsang misiune

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H4

Mixplessnes

New York

Dophus

Canton

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A. Parlane, at Class ........................ A. M. Parker, 1st Class „ossiy Alda Alves, ret Clark .................................u A. Lee, rat Ciarī ..............................GENEROU Grace H. Wilson, ist Class ...nsequen W. J. Clerihew, 1st Class ...... (D.SO, Madalelne, Qulocy, Pass ..................as....... Mary Quincey, Pasu

The Chaliman sald-Gentlemen, it gives your Directors and General Manager much pleasure to meet you with what they hops you will con- “sider a most ixtisfacto.y balance sheet and report for the year 1997, and which I test you will allow me to conside: as read. The first thing noticeable is I think the mach ertiler date at which we have been enabled to present you with the accounts, throks principally to the energy of Mr. Hyndman, our bookkeeper. You will be pleased to sea from the rap that we have succeeded in disposing of the Kowloon property of the Company, and I would like to explain that although the profit and loss account shows a proat of $8,500 on its sale, wa did not really bet that profit as over $3,000 rxpended In connection with It during 1895 was deblied to that year's account. The expenses in connection with it in 1997 were small and consisted almost wholly of 6 months Crown sent which is included to the Crown rent and taxes of the present poft and lose account. On the whole transactions we made a net profit not allowing for interest of be- tween $4.00 and $5.c. The Grass Earn jogs In 1897 were smaller than in 1896 but are, we think bighly satisfactory, and we must expect variations to it. ibing is to see the work we do le profiishia The Cost of Latony, Material and Working Expenses is much less la proportion to the gross

atlasg this was the cate to 1806. This Mr. Thorbum sald: I beg to propsse as ab patily accounted for by the fact that we expand, amendment that the words "not exceeding 10 ed no material on some of the largest and most per cent" be left out. The prezent rc:e ve profitable Jobs we bad. At our last Annual Mect of a million is not available for the paring I mentioned that we intended to renew and pose of equalizing dividende, and if it was I

extend our plant and you will notice we have do not think it would to rivisable to ate expended about $re in this way. For this we it for that purpose. I blok all investors will

have made a Dynamo, which now lights up the agree with me in thinking that a reserve for Fitileg and Turning shap and have acquired equalising dividends is mást Important. It is some modera labour #ving tools, and other *much more eslisiactory to feel sure that in splie plant which enable us to fura out a superfor

of bad years which are certiła to come sooner

class of work, at a lower cost than was formerly or later, your dividend will not be reduced below possible. And I may tell you that the improve. a certain some which you can count on, say at ment in machine tools during the last zo years prezent 25 a share, than to have high dividends

has been so great that enterprising englacers fer a time and then perhapa following two bad now discard their old tosis-although not worn year running, reduced to almost nothing, as

out-to make roam for the latest and best, blk our Fire Insurance Companies here have and this policy we would recommend should be had experience of within very itcent years. No gradually followel, as we are convinced it is one knows when the bad gears will come. I hope only by so delog we can hope to continue hot fc a long time, but the quicker this reative to earn good dividends. We trust you will is accumulated "the better, and there is no time also approve of our taking advantage of a good like the present for doing that while rates are

year to walte more than usual kom both plant favorable. Personally I should Uke to see it and property account. In addition to that we amount to a grod round suns before payton exp:nded $1500 in terasstructing the smith's bigbor dividends, but that of course will be left shop, raising the root 9 feet and the floor a feet to the discretion of the Directors. The object of

and in rebul'ding anew the whole of the my present amendment Is to enable them to hearths, the whole cost of which is included in fúcrease the furd at these discroifon by any the working expenses. The bid debt wiliten amount they please.

off is made up of an account we have agalost u gentleman in Maulla who lately got into trouble there and had his properly confiscated, and an old claims of some years standing against an agent at home for defective material supplied us, and as both are extremely doubtful assets we think it prudent to walte them off. We also trast that you will approve of our adding to the rare to fund and in carrying forward a good sum in view ol. further improving the place, and now that we are more in funds it is our intention to have London bilis for material The twenty-ninth ordinary annual meeting of drawn on us at 30 losiead of at go days, they could name it they had gone a long way shareholders is the above Company was held than saying interest. Another item of increased to name the "Secret." Did they know any at the Company's office, Pedder's Street at expenditure. Is caused by the change from Institution which was daily exercising its infidence 17.30 p.m. to-day. Hon. J. J. Bell-Irving pre-Consulting Committee to Directors fees all over the British Empire? He did not ulded, "and there were also present Hop. C. P. but we hope you will in this case consider the think they could answer si a moments notice, Chater C, M. G.. Meint. ↑ H. Lewis, A. Reas, | labourers worthy of their hire. The net profi bat the principle was justice. (Loud applause.) F. Malind, A. J. Raymond (Consulting Com this year is unusually large, this to a certain The Institution that carried it out in daily muter), H. Hamphreys, B. Byramjee, J. H. Cox, extent is accounted for by the large amount of ille was known to the lawyers as the fadicial D. D. O'Keefe, He Fak, Le Cheung Shin, F. work la progress at the end of 1896, the profit on Committee of the Privy Council in London,

Colonel Eladalo seconded the rota of thanks Henderson, J. M. G. Pareira, K. A. Chlooy, Ha which to be on the safe side, we estimated at a | It Bad amongst its special duties that of Tung, A. Flest, T. Amod, K. Mc K. Row, Glow figure but an the completion of that work we a special Court for the British subjects spread He said no doubt it was a very good thing that C. Anderson, R. Wilcor, F. d'A Gores.. W had made a larger proût than we bad allowed all over the gobe. The justice administered by

we could take stock of our possessions and realite Pariano, V. H. Descon, J. R. Michael, J. M. for, which consequently now goes to swell that the Privy Council, as he would call it for brevity that we were residents-of-a-great-world-wide Alver, A. G. Morriss and G. T. Velich (Sects of 1897. Of course we hardly exp-et to have he asked his hearers to consider. It was Empire but there was another side to the Klways a sua of work as these sc'aunis shew carried all over the world, not only to the British 4:estion and he had been saturating himself The Chal:man tald-Gentlemes, I presume but we have every reason to to hopeful of the possessions but to other countries besides. It with it. That was the weakness of the British yea will acquiesce in the Report and Accounts future. With the excepilon of two months had star 1 the test of the severest criticien and Empire and he would like some gentleman to ing taken as sex. At our last Annual Meel during the summer we were full of work darleg was perhaps, the brightest jewel in the crown of lecture upon that. He thought it a most! ing, it was with mach pleasure I congratulated the whole yarr and at the slack time Mr. Win British rule. There was nothing more splendid admirable thing from time to time to see our. abareholders on the satisfactory statement of terbura trak the cpulty of one of the and it was not mere sentiment. It was directly selves as olbors saw us and if no other gentle. accounts then presented. Triday it is with a steamcis we ball going to Minits to pay that practical pilnciple of the highest importance, man came forward to lecture on the weakness feeling of equal pleasure I am enabled to conse pixes a visit with the most satisfsettry remite, Did they think that the teeming population of of the Emplie he would do so himself. (Hear, befrie you with what is mare satisfactcy We continue to ke fally: employed and rlthough | India would be held to the British nation by a hesr.) persunt, la fact it is the beat prezented by this i at the moment we have no larger contracts to mere handful of troips, if it was not for the Mr. J. J. Francis, in supporting the vote of company for several yesss past. It enables us | begin, our proteccia la general work are quite as ionale feeling of confidence and trust that they thanks, said he would never have guessed what to propose the payment of a bonus to contributing gard as they were at this time last year. I may had in the British throughout the county. The was the secret indlevied if Mr. Dım. abareholders, an increase in the Dividend of alto tell you that owing to the anusally high sense of injustice is one of the strangeit fa aur mond had not whispered in his ear, just before $4.50 per abre, that is to my $15.50 against price ei teakwood at the present time it is mature and the experience of most people is that mounting the rostrum. Mr. Drummond had 222. last year, end slun the frangihening of our extremely difficult to get enquirers to place animates the nations of Asis with greater undoubtedly touched on what was the secret of Reserve Fund by adding thereto the masimum orders for stormers. I do not think I need any intensity than in any other part of the world. the British Empire and the secret of binding the amount allowable under our Articles of Associa anything further but before proposlog the adop But wherever the British Ang few there went Empire together in so many distant places. sles. Now as regards the position of the 1897 tien of the accounts will be glad to answer the law. tempered to the traits and feelings of He (Mr. Francia) agreed with Colonel Elsdale Account, as you are all danbilens awara fast year | any quesitons fa connection with them.

other cations, and which made it such an that cur grantuces was coupled with a consider was marked by the occurrence of severe con. There being to questions the Chalimas pro- extraordinary success all over the world. It was able degree of wexiness, and in the same way, Kagrations and wo like all other Offices have posed the adoption of the report.

that single faci alone that enabled us to hold great and important as was the element of had to bear our proporifes of hanvier losses than Mr. Wilcox wald I have much pleasure in that great Indian Empire which we could not do Justice to the Empire there were weak pionis in usual, in consequence of which the balance at seconding the adoption of the repert and state. If the races of that land had no confidence and that polley also. (Hesy, hear). In the admini credit of the Account is somewhat less than for ment of accounts. I think we all agree that the trust in our justice and Impartiality. The news stration of our great Indian Empire and colonial 1895. You will have the not premis fecome report before, an is a very satisfactory one and papers showed that illigants from Bombay possessions the sense of Justice and the destre shows as appreciable Increase, our losses unfor- the remarke made by the Chaliman which | Calcuīta Madras and all other parts 01 to administer it fairly and evenly in the provali.. taostely are considerably greater, being $67,618, throw much light on the working are also that Emple came to the Privy Council 10g Ides of sil enirasted with its administrallen #galnat $31,588. in 1866 Slace the Account Tatisfactory approve of the policy offer antico. That looked a prosaic thing but it must not be argued that the system of was made up I repet haring to state the improving the plant as we have no very large but it meant that there igenis, born justice throughout the Emplio consists of Courts occurence of farther losses to the extent of reserve fund it may be as well to keep intact in of the Indian race and living in India bad of Fairy Concil. Just as it has been necessary About $33,cco the larger tartion of which case of emergency. With these remaks I beg sent their cares milles out of the country and to bind the Empire into one solid whole, it was was incurred in Manila bere most disastrous to second the adoption of the report and entrusted them to be managed by English fast as essentially necessary that an endeavour lawyers. Their cases went before a Court con- should be made to more completely organise the fire recently occurred, Some short time ago accounts. we lostunately reduced our r’sks in the particular. Carled unanimemly.

slating of half deren elderly gentlemen sliting administration of Justice throughout his great locality of the Maalli 616, otherwise our loss It was proposed by Mr. Balley, seconded by in a dingy little room in London and the luigant Empire. There was great trouble throughout would have been much heavier. The various Mr. J. Rodger and staled that the Chaliman ke | left his case to them with the utmost confidence India and the judicial and executive functions Tariffs I referred to at qur last Blecting continus re-siacted directorat z

by could never be efficiently and properly united in that the judgment would he one, gostear the sums hands, (Hear, hear.): The Courts - to work intisfactorily although in. Yokohama Mr. Henderson proposed the re-election of pure Impartiality, fafiness and fusilce. diaratat calon at the gates there established has Mr. Arnold as auditor. Mr. Rodger seconded and hear)That was one of the most striking must be independent of the execuiire. Here, take the shape of a proposal to start a new | it was curled, meg

fhoughts an Englishman could carry. In his where we have an enormous Chinese population Fire Insurance Compäry. Our experiance of The Chaumen: That concludes the business mind. In the word "justice he included and Engilah law is administered, three fourths Flea underwriting in Japan especiality of lata gantienten. Dividend warrants will be ready everything covered by the word freedom, but of our fawe have never been introduced to the 1876 Tems kay not beña saúsfactory, Keen competid "This afternten-

!!!justice" comprised something more than treer, knowledge of the Calatre. Nejorde er trene

The taceting carried the amendment and the resolnilon as altered was then pal and adopted,

This terminated the bailatsi

tary.)

THE HONGKONG FIRE IN- SURÁNCE CO. LTD:

cordial

Mr. Granville Sharp proposed a vote of thanks to the lecturer, He spoke of the trust in Biliish Jastice in India, which was administered with faleness and integrity. They were much indebted to Mr. Drummond, an old resident, for his lecture. He knew well the subject whereon he spoke and no one could have staled it beller.

Emily Jorge, Pa$1 aquisommis

THEORY. Associats in Music. Emli Dauenberg, P13# ....................................(8.) Funtor HonoMPI.

E. S. Ford, 1st Class .............................{D.S Fernk Crawford, ist Claak..................... Roby Ley Kam, 1st Class [W Alfred Humphreys, Paan

Juxtor Pass.

A. A. Wilion, 1st G881unţ M. Recks, Past uorumamumu{D.) Madeline Quincy. Pasi muomum{D.] W. J. Clerihew, Pas...................................(D.)

Elementary.

Mary Quincey, To: Cles ....................{D.) F. W. Shaw, Page (D.S.O.) The teachers, or achesla to which the candi- dates belong sa denoted by letters placed after the names thus:-

Mr. W. G. Beatley .................................................kus) Miss Crawford.............. – ..................ı{ Mr. E. Danenburg ..............................mentouse) Diocesan Scho05 ......................................(D.8.0.) Mrs. Grimble aùanuma (G) Mrs. Hatherley 201 (H)

Mr. A. G. Ward....................................................(W) The Ballitos Medals were gained by Ruby Lay Kum and Frank Crawford.

Talwanfoo

"Marseilles

Saigon "Bangkok "Shanghai

Manla

Shanghai

Aggregating 35:470 tons register.

DEPARTURES,

Glensktal......steamer, for Shangbai

Wongkot

C1723 2549/5JU Haim...... Lycemoonationsava

Bangkok

Yokoham Bwatow "Shanghal

"Salzon 01

11

11

FO

Amara tarsi¶ Progreti "mumoles

PJ

"Saigon

Melbourne makes

+

Shanghai

Apenrode #ch Hanot

19

Haiphong

#

Haiphong

Matupi

Admiral Nachimo. cralier Singapore MotoTOLÉRENT

М

1

Aggregating 15,001 sons register. HONGKONG AND WHAMPOA DOCK RETURIZE Kwanght divistesa... Bl Kowloon Deck Martha INTEGRATED F

Copvevalffཅ་་་་་་་་་བ་ Butua¶¶ 1

Progr133 1

15

מ .

19

West Yorks Cosmopolitan

| Ocamponnummerierist

Miss Lay Kum, it should be mentioned was examined in Plano Playlog by Mr. Grimble only, I Mr. Ward, as her instructor, withdrawing.

NOTANDA

CALENDAR.

FEBRUARY, Meteorological means based on itn years' observations da 1898. Barometer........................................30.141

Thermometer ....................................57-3

Humidity...GİSTEDALERRUL19495879,0 Kalafai)...............................isima 1.75

TO-DAY. WEATHEÉ REPORT.

On dainst On date ky

xxxx

3014 30.03

68

68

84

194134

Barometer Thermapsler ......... Humidity lapres 'Rainfall" «nmore 8:37

/TO-DAY,

Arrivals.

SWATOW.

from Agents. Feb. as Formosa ......Hongkong...). M. & Co. 25 Lootch Hongkong...B. &8. 25 Kwestang...Hongkong...]. M. & Co. 36 Thais...Hongkong... M. & Co. 36 Wingrang..Shanghai...). M. & Co. a5 Nanyang ........Amoy.......

I

For

16 Choyang..............Hongkong..t & Co. -

M. & Co. Departures.

Agenti Feb. 25 Kwangrang...Shanghai...J., & Co. 35 P. C. Kias......Singapore...B. & 8. 45 Formosa Ambani.Į, M. & Co.

„Bangkok .....B,. & S.

26 Thales Amoy of. M. & Co. 16 Nanyang....Hongkong.... M. & Co. 36 Wingrang......Hongkong.... M. & Co. 26 Choy sang..Shanghai.......). M. & Co. PORT

Masonic.

ZETLAND

L.O D.G

No. 505, EC.

REGULAR MEETING of the abors LODGE will be held in the F’ERKMADOWY! HALL, Zetland Street, TO-MORROW, the 1st March, al 8,30 for 9 pm, precisely Visiting Brethren are cordially Invited to attend.

Hongkong, 23rd February, 1898.

VICTORIA L

*[spa

CHAPTER

No. 323, E.Ç.

A EMERGENCY CONVOCATION of the

precisely, Visting Companions are cordially Invited in attend, Jerk ede

Hongkong, 24th February, 1898.

To be Let.

Monday, 28th February, 1898,

FREEMASONS HALL, Zetland Street, on Wai- Chinese-8th of And moon of Bith year of NESDAY, the and March at 8.30, for g

Kwong-19. Jewish-61) Adar, 6068, Mohammedan-16th Shawell, 1818,

St-Roman Okr. 15min..

Stif menama Okr, 47min. Moon-Firit Quarter Okr. 60min, pan, High water-Morning Båt. 45min. Afternoon än 1kr. kimin. Low Wales-Morning Ohr, 14min. Afternoon 10kr., Rmíni ANNIVERSARIES 185-Pitched battle in Aberdeen Bay, Hong kong, between pirate funky and Chi - nere gun-boats phon Capture of the Bels capital by the

T

TO LET

WO ROOMS on 'zuD FLOOR No, B. Quaen's Read Central, Suitable for OFFICE, Rent Moderate

Apgly to

Mr SUI BANG,

Houghing 12h Tebruary, 19981)

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