1902-10-16 — Page 3

JAPAN'S NEW LOAN.

THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 16, 1902.

the next questions claiming the attention of the Cabinet Ministers will be the continual enforce ment or abolition the incrased land tax law and the proposed expansion of the Japanese Navy,

was obtained from London by telegram, The Bank (Credit Mobiliar), does not regard this consummation with any special com placency, as it is simply the transaction on a large scale of the kind of business which it is conducting at present. But certainly it is to the credit of the Bank that it succeeded in effecting arrangements for the sale of the five per cent bonds which remained unsold, and moreover the Directors were glad to learn by telephone from Yokohama that the prospect of the sale in London was good, and that there| LOOT BURIED NEAR TIENTSIN | was very little doubt of a successful outcome. The conditions of the contract were arranged on the basis of perfect equality, and neither at present par in the future is the Govern ment of the Kogyo Bank to submit to any restrictions. The most important point to be noted is that in order to facilitate the sale of the bonds on the foreign market, they have been endorsed in sterling, the Japanese

ABBIES AND CHILDREN should be fairly plump. They ought to put on fat as fast as they use it up for fat is fuel, and the burning of it makes power and force.

It is reported that. Admiral Baron. Yamamdio, | Thin children-even along to the age of Minister of Marine, has already submitted a eighteen or twenty-äre in danger from con- plan for the extension of the Japanese Navy.sumption, and from other wasting complaints. Japán Gazette. - -..

The children who starve, and the young men and women who are consumed-why, the very idea of it is frightful. For such as they there is always what the Bible calls a "mighty famine" in the land. Food, though it may be taken plentifully, does not nourish them. It makes no fat; it gives no strength, To prevent this, to cure this, to save the young ones at the mother's knees, and the bright boys and girls who are just looking at the world with hopeful and ambitious eyes, is the purpose of

A MAN WITH A PAST.

With reference in the Japanese Loan of million yen which to day's telegram tells is has been covered thrice over, it has transpired that the agreement for selling the debentures was signed on September goth in the Tokyo Finance Ministry, the representative of the Hongkong and Shanghai Banking Corporation attending The maiter was kept strictly secret. On the morning of October 1st, namely, before he attended the memorial service to the fate Queen of the Belgians, Count Matsukata was informed of the success of the negotiations by Vice-Minister Sakatani and in the afternoon of that day Marquis Ito, Marquis Yamagate, and Count Inouye were also informed,

The man Plant who was tried last week in The Tokyo papers praise the services

Shanghai at the American Consular Court for done by the Japan Credit Mobilier, but

the theft of the schooner Agnes on the night of there is reason to believe that the longkong

the roth August last, and sentenced to five and Shanghai Dank was the leading spirit in

months' imprisonment, is a man with a past. the matter. In brief, it is said in the bestyen being calculated at the rate of a halfpenny. He, in conjunction with others, was found informed circles in Tokyo that the present wel. (two shillings and a halfperiny) in English guilty of looting in Tientsin district and sen- come arrangement for the Japanese Treasury currency, this, forming a guarantee of the tenced to four years' imprisonment, but was is nothing but a practical benefit derived from exchange rate. The condition's now arranged pardoned last May, when he was liberated from the Anglo-Japanese Alliance.

are considerably better than those in the case the American jail in Shanghai. A few days of the War Loan Bonds. But the Kogyo after receiving his liberty he obtained employ- Ginko is not to receive any material profitment in the firm of Atkinson and Dallas, from this transaction, as the Bank is to

architects and civil engineers, where he remain- purchase the bonds from the Governmented up to a few days before attempting to steal'

the schooner Agnes, which belonged to a Mr. and transfer the same to the H. & S. Bank exactly at the same price, but the Kogyo Ginko Derby, of the American Consulate. Report expects to raises its credit abroad by this says that Plant knew where there was' means. It is expected that more than half the cash proceeds of the bonds will be brought over to Japan during this year, and that the whole amount will be remitted by February at the latest. The secrecy observed up to date

It will be remembered that the last attempt to place a large loan was a failure, and the pre- sent success is a pleasing, evidence of Japan's improved credit which is altogether deserved. According to an official forecast, the Trea sury will receive Yen 47,500,000 out of the Yen

.50,000,000.

With regard to this loan affair, the statement of Present Soyeda, of the Nippon Kogyo Ginko, on the same subject-is most interesting. Speaking to the representative of the Tokyo

Nicht Nichi Shimbun, he stated that as the

Credit Mobilier had been established with the object of successfully effecting the joint invest ment of both Japanese and Foreign capital in Japan the Bank since its inception had not left a stone unturned' in order to accomplish its purpose in this direction. From the early stage of the Bank's business, it had received many orders from foreigners for Japanese public loan bonds, and other negotiable papers, and in this respect the Bank acted as a good intermediary, During the previous business year, the Bank secured some profit from these transactions. It received a proposal for a large transaction for the first time during May this year. But as the conditions proposed were not satisfactory, the negotiations were discontinued. In the latter part of August, however, the Bank received another proposal, and negotiations were proceeded with in earnest. But in Eng land, the Government required a large amount of money in order to adjust its post-čellum finances; and morever, a considerable sum was also to be remitted to South Africa subsequent to therestoration of peace, and also to Amerien for the payment of the price of four, and these facts, coupled with the usual autumn stringency on the money market, made the progress of the negotiations very difficult, but after repeated correspondence, the agreement was finally reached. According to the arrangement just effected, the Nippon Kogyo Giako is to pur chase five per cent. public loan bonds to the face value of fifty million yen kept by the Government in the deposit department of the 'Department of Finance, and the Bank will again sell the bonds to the Hongkong and Shanghai Bank, and the latter is to sell the bonds in the London market in conjunction with the well-known firm of Baring. Bros. The negotiations for this transaction had been conducted between the Kogyo Ginko and the H. & S. Bank, and approval

ASK forASAHI JAPANESE BEER.–

G Gimalt...

SINGER

SEWING

"was certainly one of the principal causes of success. President Soyeda added that owing To the insufficiency of fands, in the Government Treasury, the responsible finance officials had suffered much embarrassment up to the present, but that, as the result of the successful con- clusion of the contract, the Nippon Ginko (Bank of Japan) would be enabled to control an increased amount of the Government funds while the Department of Finance would be relieved-from-financial dificulties

Vernacular papers state that the Govern ment will not devote the proceeds of the sale to any new public works, but that the Treasury will appropriate them towards recouping the deficits already created in the finances. For example, the Government has already trans- ferred a large amount from the indemnity funds' during the 1900-1 fiscal year, and, more- over, if it intends to carry out the necessary public works, it will require funds amounting to from thirty to forty million yen, and in addition to this, is called upon to refuse not loss than a twenty million yen loan obtained from the Nippon Ginko. Under the circumst ances, the Government will probably devote the money towards carrying out those works which were to be undertaken by the flotation of public loans but left untouched up to the 1901-1 fiscal year owing to the unsuccessful flotation of the public loan. The satisfactory consummation of the foreign. loan scheme appears to have accelerated the arrangement of the Government Estimates for the next fiscal year. A Cabinet meeting was held on the and inat, when the Budget was brought up for discussion.. It is thought that the total Government expenditures for the next fiscal year were fixed at about two hundred and fifty million yea, As a portion of the draft of the proposed administrative reforms has already been prepared, and moreover, as the Estimates. for next fiscal year have been nearly confirmed,

SK for ASAHI JAPANESE BEER- AG. Girault,

MACHINES

IF YOU BUY A

SINGER

CONSIDERABLE LOOT, BURIED outside of Tientsin, and had he (along with Brown and Smith) heen' successful in clearing out of Shanghai with the schooner, their

destination would have been towards Tangku, where they intended to abandon the schooner and strike out for the place where the loot was buried: The China Times thinks that such a scheme should ever be contemplated outside of a lunatic asylum surpasses all comprehen- sion, and, in fact, such a means of reaching Tientsin as the seizing of a private schooner in à river like the one at Shanghai would not have been attempted by the three men, Plant, -Brown and Smith, bad it wor been conceived and carried out under the influence of alcohol. It is understood that at the expiration of Plant's sentence he is to be deported to America, so the last is likely to remain in undisturbed repose for some considerable time yet.

EUNUCH TURNED EDITOR: From Chinese sources we learn that the notorious eunuch Li Luen Ying, has tumed his mind to journalism. Recently he started a nativė

name of Daily Imperial News. The Empress parer in Peking, and styled it with the flowing

Dowager is the patron of this organ, and she has ordered all the officials to subscribe to the paper. The object of the journal is to retard reform, and will deal chiefly with Imperial decrees, and conservative subjects. The other native papers are indignart over the matter, as they state, that the paper was started by the cunuch for the sole purpose of protecting him- self, and replying to articles appearing in other papers denouncing him as a Boxer chief, and the head of all Court intrigues. One editor has been unfortunate to have fallen into his hands, as we learn that on goth last month a certain Wing. Cheong was decapitated for writing and publishing in his paper, matters dealing with intrigues of the chief eunuch. After this, the life of a Chinese editor is not a happy lot in China,

SK for ASAHI JAPANESE BEER-

AG. Girault.

|

WAMPOLE'S PREPARATION. Its success is decided and settled. Thousands owe to it life and health. It is palatable as honey and contains the nutritive and curative properties of Pure Cod Liver Oil. extracted by us from fresh cod livers, combined with the Compound Syrup of Hypophosphites and the Extracts of Malt and Wild Cherry. In build. ing up pale, puny, emaciated children, parti. cularly those troubled with Anemia, Scryfula, Rickets, and bone and blood diseases, nothing equals it; its tonic qualities are of the highest order. Parents whose children are sick can. not resort to it a day too soon. A Medical Institution says: "We have used your pre- paration in treating children for coughs, colds and inflammation; its application has never failed us in any case, even the most aggravated bordering on pneumonia The children like them, and it builds ap their bodies; many it, they love the taste of it, it looks good to

little children owe their lives to it." The more it is used the less will be the ravages of disease among the people from infancy to old age. Every dose effective. "You cannot be disappointed in it." At all chemists and A. S. Watson & Co., Iimited.

THE-WORD-OF-HONOURE,

2

The men who do as they say; the things that prove to be what they were said to be,-how cheering, it is to come upon them. We all hate to be deceived; especially when the decep- tion is Intentional. But all men are not liars, even if David did say so in bis haste. If they were society would be impossibile. Everybody knows that business is based on credit, on faith. Millions are bought daily on nothing more solid than the pledged promises of men, -not written, merely verbal. The Stock Ex- changes are often called nests of gamblers, yet nowhere is a promise held in greater honour, Therefore when we say that the tried and effective modern remedy called "Wampole's Preparation" never deceives any who resort to it in hope of benefit and cure, we may expect to be believed. For this assurance is given ou what it has done in the past, in countless cases, on its record. It is only recom mended to accomplish what it was made to accomplish. Its action in Chlorosis, Anemia, La Grippe, General Debility, Throat and Lung Troubles, Blood Impurities, etc. is convincing. It is palatable as honey and contains the nutri tive and curative properties of Pure Cod Liver Oil, extracted by us from fresh cod livers, combined with the Compound Syrup of Hypophosphites and the Extracts of Malt and Wild Cherry. Dr. Austin D. Irvine, of Canada, says: "I have used it in cases where cod liver oil was indicated but could not be taken by the patient, and the results following were very gratifying." It is effective from sensitive and nervous stomachs. It cannot' deceive or dis- appoint you, and comes to the rescue of those who have received no benefit from any other treatment. It stands for the medical triumph's of the age. Sold by all chemists here.

MEMORY POINTS ABOUT

SINGER

SIMPLE.

SEWING

STRONG.

MACHINES.

SILENT.

SOLD ON INSTALMENTS AND FOR CASH.

WE make but one grade of product, admitted to be the best; hence attempts at imitation.

Mails.

NIPPON YUSEN KAISHA.

(THE JAPAN MAIL STEAMSHIP COMPANY.)

#ROJECTED SAILINGS FROM HONGKONG-SUBJECT TO ALTERATION.

STEAMERS.

KAMAKURA MARU

H. Petersen

TOSA MARU*.

A. Christiansen KANAGAWA MARU' KASUGA MARU

J. Mackenzie

H. Fraser INABA MARU....

W. Bainbridge

YAWATA MARU,

A. E. Moses

KAGA MARU......

J. W. Ekstrand..... KAGOSHIMA MARU

K. Kori

DESTINATIONS. (MARSEILLES, LONDON & ANT-"

WERP, VIA SINGAPORE, PENANO, COLOMIO and PORT SAID VICTORIA, B.C., and SEATTLE, U.S.A., VIA SHANGHAI, MOJI, KORE and YOKOHAMA

KOBE and YOKOHAMA

SAILING DATES. SATURDAY. 18th Oct, at

Daylight.

MONDAY, 20th Oct,

4 P.M.

FRIDAY, 24th Oct.,

Daylight

NAGASAKI, KOBE and YOKO-) FRIDAY, 24th Octy

HAMA ..... MARSEILLES, LONDON & ANT- WERP, VIA SINGAPORE, PENANG, COLOMBO and PORT SAID....... SYDNEY and MELBOURNE, VIA THURSDAY ISLAND, TOWNSVILLE and BRISBANK (VICTORIA, B.C., and SEATTLE, U.S.A., VIA SHANGHAI, MOJI, KOBE and YOKOHAMA ................... KOBE and YOKOHAMA .......

Noon.

SATURDAY, 1st Nov.

Daylight.

SATURDAY, 1st Nov,

Noon.

MONDAY, 3rd Nov.

4 P.M,

| TUESDAY,' 4th Nov, at

Noon.

Through Passenger Tickets and Bills of Lading issued for the Principal. Cities in the United States, Canada and Europe, in connection with the GREAT NORTHERN RAILWAY and Atlantic Steamers.

Local Branch Office at Prince's Building, 13: Floor, Chater Road.

For further Information as to Freight, Passage, Sailings, &c., apply at the Company's

A. 8. MIHARA, Manager,

Hongkong, 15th October, 1902.

NORTHERN PACIFIC STEAMSHIP COMPANY.

BOSTON STEAMSHIP COMPANY.

BOSTON TOW-BOAT COMPANY.

PROPOSED SAILINGS FROM HONGKONG,

VIA

SHANGHAI, INLAND SEA OF JAPAN, KOBE AND YOKOHAMA, FOR VICTORIA, B.C., AND TACOMA, IN CONNECTION WITH NORTHERN PACIFIC RAILWAY COMPANY.

Steamers. Captains. Tans. Victoria

ORIENTAL

STEAM

COMP

THE PENINSULAR AND ORIENTAL STEAM NAVIGATION COMPANY.

STEAM FOR STRAITS, CEYLON, AUSTRALIA, INDIA, ADEN, EGYPT, MEDITERRANEAN

PORTS, PLYMOUTH AND --

LONDON. (Through Bills of Lading issued for BATAVIA, PERSIAN GULF, CONTINENTAI, AMERI CAN and SOUTH AFRICAN FORTS.} 'HE Steamship

1902.

... Panton 3502 Oct 18 Pletades. H. Smith... 3753 Oct. 23TH Olympia. Trusbridge... 2837 Oct. 20 Shawmut

9606 Nov. 7

Steamers marked (*) have no passenger accommodation.

The attention of passengers is directed to Pacific Coast and to the Interior and Eastern the very cheap rates offered by this line to the

Cities of the United States and to Európe.

Special rates allowed to members of Govern- ment Services...

"BALLAARAT," | Captain F. Summers, carrying His Majesty's Mails, will be despatched from this for BOMBAY, on SATURDAY, the agth instant, al Noon, taking Passengers and Cargo for the above Forts. ¿.

and Tea for Louden (under armngement) will Silk and Valuables, all Cargo for France, be transhipped at Colsato into a steamer proceeding direct to Marseilles and Lordon: Father Cargo for London, &c, will be conveyed Through. Bills of Lading issued to Paringey plek Trasshipment, Coast Points and to the Principal Cities in the PM. the day before stiling. The Contents and

will be received at this

until Value of all Packages are required.

United States and Canada,

For further Information as to Freight or Passage, apply to

DODWELL, & CO., LIMITED,

General Agents. Hongkong, toth October, 1902.

COMPAGNIE DES MESŠAĜERIES MARITIMES,

PAQUEROTS-POSTE FRANCAIS,

NOTICE

STEAM FOR

[874d

SAIGON, SINGAPORE, BATAVIA, COLOMBO. PONDICHERRY, MADRAS, CALCUTTA, DJIBOUTI, EGYPT, MARSEILLES, MEDITERRANEAN AND BLACK SEA PORTS, LONDON, HAVRE, BORDEAUX;

ALSO PORTS OF BRAZIL AND RIVER PLATE.

AN MONDAY, the zoth October, 1903,

"SALAZIE," Captain Aubert, with Mails, Passengers, Specie and Cargo will leave

ON MONDAYmpany's Steamship

this Fort for MARSEILLES, via Ports of Call, WITHOUT TRANSHIPMENT,

Cargo and Specie will be registered for Lon don as well as for Marseilles, and accepted in transit through Marseilles for the princips! places of Europe.

Shipping Orders will be granted üllTMNoon, Cargo will be received on board until 4 P.it, Specie and Parcels antil 3 PM on the roth instant, (Parcels are not to be sent on board; they must be left at the Agency's Office.) „Con- tents and Value of Packages are required.

For further Particulars, apply at the Com.

G, DE CHAMPEAUX, Agent. Hongkong, 8th October, 1902.

SPEEDY.pany's Office.

WE deal directly with the people, through our own employees all over the world, selling 1,000,000 Machines

annually.

get an up-to-date Machine, built on honour, to wear a life-time.

et it for the Lowest Price at which such a machine can be furnished,

YOU will receive careful instruction from a competent teacher at your home.

YOU can obtain necessary accessories direct from the Company's offices.

will get prompt attention in any part of the world; our offices are everywhere, and we give careful attention to all customers, no

matter where their machines may have been purchased.

YOU will be dealing with the leading sewing machine manufacturers in the world, having an unequalled experience and an unrivalled

reputation to maintain the strongest guarantee of excellence and fair dealing.

THE SINGER MANUFACTURING COMPANY,

0700

GENERAL OFFICE FOR CHINA:-

18, BANK BUILDINGS, CORNER QUEEN'S ROAD AND WYNDHAM STREET, HONGKONG. BRANCHES IN EVERY CITY IN THE WORLD AND AGENTS IN EVERY TOWN. RETAIL OFFICES 3A, WYNDHAM STREET, HONGKONG.

64 ELGIN ROAD, KOWLOON.

[70046

HONGKONG SUBSCRIPTION LIBRARY.

18, Bank Buildings, Wyndham Street. FOUNDED in sig, by DR. CANTLIE

and conducted for several years by H.E. POLLOCK, Esq., x.c.

TRUSTEES:

HON. J. H. STEWART LOCKHART, C.M.C., HON, R. SHEWAN, G. B. DODWELL, E5Q..

SUBSCRIPTIONS; Payable in Advance.

$7.50

or

..Per Hall Year..

Per Month.

The Library contains, in addition to Fiction, a number of Standard Works on Biography, History, Travels, &c., and Works of Reference; and it is hoped to maintain it up to date.

Subscribers are allowed to take three books: at a time.

Intending Subscribers are requested to apply to

BERNARD LANKESTER,

Hon. Secretary & Treasurer: Hougkong, 13th September, 1901 | [14150)

Shippers are particularly requested to note the terms and conditions of the Company's Bills of Lading.

For further Particular, apply to

E. A HEWETT,

Superintenden Hongkong. IIth October 1002/e

Notice of Firm.

THE

NOTICE -

HE Undersigned has been appointed AGENTfor HONGKONG and VICINITIES. for the NEW YORK LIFE INSURANCE

COMPANY from. This Date.

ALECKIENE. Hongkong, 20th September, 1902.

For Sale

FOR SALE

NE BROADWOOD PIANO

Apply at-

1989d

ROOM NO.146,

Hongkong Hotel

18361

Hongkong, 7th August, 1902.

To be Let.

TO LET.

"WESTLEY, UPPER RICHMOND ROAD,

Apply to

LAU CHU-PAK; C/o A. S. WATSON & CO., LTD. Hongkong, 15th October, 1901.1085d

TO LET

EUROPEAN HOUSE H

11, 12, 13 and 15,- Morrison- (opposite Monument at Racecourse)

Apply to

SANG KEE, Compradore. Department Messra. Jardine, Matheson & Hongkong, 8th October, 1909

TO LET

MEIRION No. 2 the Peak, 6-Room House near the Flagstaff from th October, 190a. "

Apply to

E. JONES HUGHES Hongkong, 7th October, 1902: 10:34.

TO LETA

TJOUSES in CLIFTON H

DUIT ROAD. GODOWNS at BOWRINGTON,“) HOUSES at. CAUSEWAY BAY,

Polo.Ground.

THE RETREAT-MT KELLE No. 2 RIPON TERRACE, Apply to M

THE HONGKONG LAND INVEST SAVEMENT & AGENCY CO?

Hongkong 17th September