1902-11-27 — Page 3

THE BRITISH COTTON SUPPLY.

Bir George Cotton's advice to the Lancashire cotton spinners as reported by Reuter does not err upon the side of profundity. If Lan- cashire wants to become independent of the United States for her raw cotton, outside sources of supply most be developed, and in this enterprise capitalists would naturally seek the protection of the British flag. This is bu the bald statement of the obvious. As a matter of fact, the Lancashire cotton spinners are only just awakening from the Fool's Paradise in which they, and. In a lesser degree the British tobacco manufacturers, have so long indulged The cotton fields of the Southern State, offered a convenient and fairly adequate supply of raw material; and blind to the lessons of the Civil War, which showed

+

⚫ the folly of relying mainly upon one foreign source and careless-of the future, the immense piece-goods industry staked its existence upon a single field under foreign control. Now Lancashire finds itself depend upon

supply which, already inadequate, be comes each year more inadequate to the demands upon it; which is liable to artificial Outcuations directly upposed to Lancashire interests; and which may at any time, by one of the gigantic combinations..common in the United States, he suddenly closed to This Great Britain except on ruinous terms, is the predicament to which a policy of short- sighted dividend hunting has involved an immense national industry, and not until mat ters have approached a serious pass have

THE HONGKONG TELEGRAPH. THURSDAY, NOVEMBER 27, 1902

OUR TRADE?

IS IT BEING KILLED BY SILVER

When a country or state begins to feel the effects of bad trade and business depression, it looks wound to find out the distúrbing influences and endeavours to remove useless restrictions, but we venture to say that it seldom or ever happens that in the full tide of commercial) prosperity a spontaneous agitation arises to accomplish a change in the course of successful enterprise. The serious fall in the sterling value of the dollar has brought upon us sugges.. tions from various more or less informed quarters to pause and consider whether we could not be better off than we are. · Examin- *ing the financial condition of the Colony at a time when complaints are rife at home and clsewhere regarding trade stagnation, we are surprised to find a feeling of equanimity and even strongly expressed satisfaction at the satisfecio y condition in which our merchants find themselves (Pide the evidence' of Messre, Stinger, Stiven and others before the recent Shipping Commission). The revenue has gone up by leaps and bounds, property is at ahnost fabulous valuations, wages are high, luxuries are common, we have no debts, and altogether there is little if any reason to complain. Yet in the face of these absolute assurances of pros- perity we are called on to alter our currency which will bring in its train results which no man can accurately foresee.

:

It has sometimes been said that a gold standard will increase trade-with European

which gold countries received $179,000,000 of over 617 millions,

Now we look on this as very satisfactory, for it appears to us to show that we were well ablo to patronise European commodities and fur- ther there is a distinct absence of the stagnation of business transactions, between gold and silver countries, the first alleged effect of a low, exchange. And if we turn to silver countries there is no reason for complaint. An import trade of So million in 1890, $96 million in 1896, and Star millian in 1901, is more than satis ying, and these countries have taken of our goods $53 million in 1890, $57 million 1896, and $78 million, in 1901, Where then is the disaster which some people seem to think lies in following fortúnes of silver?.

We can recollect seven or eight years ago a large and influential party at home clamoured for Cunetallis on the grounds, that silver Countries were benefitted by a low exchange. The clamour is dead, the cause has lost all interest, and although it was then explained with much warmth that the very existence of the nation depended in a silver coinage, there is

ide from form or features, she has an

A CONTENTED WOMAN.“

attractiveness all her own. The bloom on her cheek, the elasticity in her step, the ring of her voice, her enjoyment of life all these are magnets, which, draw others to her side. Wonderful and valuable as it is, health is not so difficult a thing to obtain as son couraged ones think, Mosi of the troubles of women arise from impure blood, 'impaired nutrition, low vitality and general debility. Modem science furnishes the most successful of remedies for these conditions-namely

dis-

· WAMPOLE'S PREPARAT ON, It is palatable as honey and contains the nutritive and curative properties of Pure Cód Liver, Oil, extracted by us from fresh cod livers, combined with the Compound. Syrup of Hypophosphites and the 'Extracts of Mult and Wild Cherry. Taken before meals it improves the appetite, makes fit, restores vitality, enriches the blood and cures those wraknesses peculiar to the sex, which are the It is a blessing to seat of their troubles. Tired Wives, Nursing Mothers and Girls

Mails.

NIPPON YUSEN KAISHA.

(THE JAPAN MAIL STEAMSHIP COMPANY.)

PROJECTED SAILINGS FROM HONGKONG.-SUBJECT TO ALTERATION,

·STRAMERS. KUMANO MARU.

E. W. Haswell... WAKASA MARU...

J. W. Mcmillan............ BINGO MAKU...

T. Davies.

C. H. Buller OSHIWA MARU T. Muni KAGOSHIMA MARU

nune to-day to raise a voice in its favour, but growing into wamuahood. It colours the pale Iyo MARU* in view of this, it is at least interesting po watch, the people of silver-using countries. pinning their faith to gold" the gold bugs a ns they were jeeringly designated by the Bimetallists, are the very persons whom we were told, with, it appears to us æ considerable amount of truth, were benefitting at the expense of gold currency nations.

faces and' rounds out the hollow, chests. In a word, it nourishes and develops the entire body, and brings happy surprises to feeble, hopeless and discouraged sufferers. Dr. E. J Royes says: "I have found it a preparation of great merit In a recent case a patient gained Dearly twenty pounds, in two months' treat- ment, in which it was the principal remediat To speak of higher rates for telegraph mes

agent.". It is the typical medicinal-success of our age, for time has proved our claims are sages or an increase in the amount of compen supported by results, and a remedy which acts

the veriest amateur who has given half an our currency system " must create a smile from

processes. No demand has been made upon Hour's reflection to the subject. When these-for-relief-and eure, that has not met with instant response. One bottle convinces. alarmists can shew that we are getting less in

Effective from the first dose, "You cannot be dollars for our produce sold in sterling, and disappointed in it." Like all good things it is revenue in dollars is falling off at the same imitated. Sold by chemists here and every- time as these things are happening, then it will

where throughout the world and A, S. Watson be time enough to consider the setting of our

Co., Limited. house in order.-S. F. Press.

practical steps been taken to ameliorate it countries and particularly the mother country-gation to the Governor as-" nails in the coffin ofin harmony with nature's own eforts and

but since the heavy de line in 1894 it will we think be found that transactions with gold countries here increased at a much greater ratio even measured in sterling than with silver carrency countries, although we have the ad- ditional advantage of dealing for certain classes of goods in either gold or silver, buying in the cheapest market and selling in the dearest, which is the essence of good trade. This is borne out by the Board of Trade returns which shews a most satisfactory increase in the ex- ports to the Colony.

Whether we take gold countries or silver countries the tala is one of increasing pros- perity for this Colony, therefore while wel coming suggestions that will make us more flourishing. is it not simply a matter

ordinary prudence for all who are interested in our commercial position to display considerable

The letter which we publish in another column i describes the formation of an Association with a capital of £59,00 to promote cotton growing within the Empire, and if the fands are judiciously applied, they will doubtles: give a considerable stimulus to production. India we regard 19 quite outside the sphere of the Association's operations. Recent experi- ence at Cawnpore and clsewhere have shown that ng stapled cotton such as Lancashire re- quires, can be profitably grown in this country, and in course of tim, if due encouragement is given to the iyots by the mill-owners, consider able quatitier of higher class cotton will be raised here. Bat with the increasing attention local spinners are giving to weaving, India will absorb all the long-stapled cotton it can pro- duce, and will be probably a buyer as well. In the Soudan, however, as Count Gleichenhe Rtation in agreeing to an experiment cutting pointed out in a recent address to the Man- chester Chamber of Commerce, there are im mense areas of good cotton land awaiting development; the last mail reports that samples of cotton front West Africa were highly considered at Liverpool; and experis have favourably reparted upon Central Africa as a cotton country, It is to Africa that Great Britain must look for an extension of her services of supply, and the genius of gencia- tians of pioneers has brought under the Union Jack vast areas where canton can be grown. During the past decade there has. moreover, been a considerable extension of railways in these regions. The Soudan and Uganda are provided with great trunk lines In West African importa at series of railways is being pushed an, and the long deferred railways in Caned Meesis promised. The time is singularly opportune for the establish- ment of the industry the sciation has in view. The chief difficulty is the 1daur supply, and though this will u tim utely solve itself, it prevents us from anticipating an immliate material increase in the world's cotton supply outside Egypt. But for these further deliys, Lancashire will have only its past myopic apathy to blame-Times of India.

"OTTAM & CO., FOR WASHING

BOW TIES

at the rant of nur trade interests, since it is so clearly demonstrated that we here prospered on. a low dollar? Commodities imported in 1890 valued $141,000.003 of which gold countries sent $51.000,00n or at the average exchange of 3/5 81 million, in 1896 the imports reached $1R6,000,000, of which gold countries sent $90,000,000 at the average exchange of 2/2 or L9 milkon, an increase of 113% in conjunc- tion with a fall of 36% in exchange, while in 1971 with a low average exchange of it, the dollar imports valued $193,000,000 of which gold countries sent $11,500 000 or close on

5 million, an increase of 34% in sterling. more goods, which is surely an evidence of We have been enabled to buy considerably

our great prosperity in spite, may it not be, because of a low dollar?. Our exports stew also a most encouraging picture. Thus in 1890 the dollar exports solved $117,000,000 of which $64,000,000 was to gold currency coun- tries or to million; in 1895 $16,000,000. value was sent, out of which gold countries took $105,000 00 or over 11 million; white in 19or the value of $257,000,000 was sent, of.

Соттам

M & CO. FOR SUN HATS

THE WORD OF HONOUR,

The men who do as they say the things that prave 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, Bur all men are not liars, even if David did say so in his 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 shah the pledged promises of men, ➡hat witten, merely veibal. 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 "nevertleceives any who resort, to it in hope of benefit and cure, we may expect to be believed. For this assurance is given on 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 Fxtracts of Malt and Wild Cherry, Dr. Austin D. Irvine, of Canada, Bays: "I have used it in cåses 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 triumphs of the age. Sold by all chemists here.

OTTAM & CO, FOR GENT'S RATH-

ING GEAR

B

For Nervous

Exhaustion

CHAPOTEAUT'S

Phosphoglycerate

OF LIME

The modern restoration of the nervous system. For hralaworkers, professio ngi men, taschors, students,

| @te, and to-dobliky, seminal

loamın, dysṣapala of narvons origin and nsomnia.

It is madly assimilated and promstas digestion.

PHOSPHOBLYCERATE SYRUP (CHAPOTEAUT), PHOSPHOGLYCERATE WINE CHAPOTE AUT PHOSPHOGLYCERATE CAPSULES

(CHAPOTEAUTI

, rua Vivienne, 'PARIO-FRANDE

'LARKE'S B 41 PILLS are warranted to

cure, in either sex, all acquired or cons

titutional Discharges from the Urinary Organs,

Gravel, and Pains in the Back, Free from Mercury. Established upwards of 30 years. In boxes, 45. 6d. each, of all Chemists and Patent Medicine Vendors throughout the World. Proprietors: The Lincoln and Mid- land Counties Drug Company, Lincoln. England.

[28

MEMORY POINTS ABOUT

SINGER SINGER

SEWING

SEWING

MACHINES.

SIMPLE.

STRONG.

SILENT.

SOLD ON INSTALMENTS AND FOR CASH.

SPEEDY.

*

K. Kori

HAMA

DESTINATIONS,

- SAILING DATES, (NAGASAKI, KOBE. and YOKO-FRIDAY, 28th Nov., at

Noon, MARSEILLES, LONDON & ANT- SATURDAY, 29th Nov., at

WERP, VIA SINGAPORE, PENANG, COLOMBO and PORT SAID.......

Daylights KOBE and YOKOHAMA ...... VICTORIA, B.C., and SEATTLE, U.S.A., VIA SHAnguai, Moji, KoBE and YOKOHAMA

KOBE and YOKOHAMA

MONDAY, 1st Dec, at

4 P.M.

TUESDAY, 2nd Dec., at

4°F.M.

TUESDAY, and Dec., at

Noon:

BOMBAY, VIA SINGAPORE and) FRIDAY, 5th Dec... at

COLOMBO

Noon.

Through Passenger Tickets issfied for the Principal Cities in the United States, Canada and Europe, in connection with the GREAT NORTHERN RAILWWW Atlantic Steamers, Round-the-World Tickets also issued. Between Moji and Kobe, 1st and 2nd Class Through Passengers have the Option of Travelling by the Sanyo Railway.

For further information as to Freight, Passage, Sailings, &c., apply at the Company's Local Branch-Office' in Prince's Building, ts Floor, Chater Road,

Hongkong, 24th November, 1903,

COMPAGNIE DEG MESSAGERIES MARITIMES.

PAQUEROTS-1'OSTE FRANÇAIS,

NOTICE

STEAM FOR

SAIGON, SINGAPORE, BATAVIA, COLOMBO, BOMBAY, ADEN, EGYPT, MAKSEILLES, MEDITERRANEAN AND BLACK SEA PORTS, LONDON, HAVRE, BORDEAUX;

PORTS OF BRAZIL AND RIVER PLATE.

ALSO

ON the Company's, Steamship N MONDAY, the 1st December, 1902, "SYDNEY," Captain Nègre, with Mails, Passengers, Specie and Cargn, will leave this Port for MARSEILLES, við BOMBAY,

This Steamer connects at COLOMBO with the 5.s. Polynesien, which vessel takes on her Passengers and Mails leaving that Fort on the 13th December Direct to Suez, Port Said and Marseilles.

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

Shipping Orders will be granted till Noon, Cargo will be received on board until 4 P., Specis and Parcels until 3 P.M., on the 30th instant. (Parcels are not to be sent on board: they must be left at the Agency's Office.) Can- tents and Value of Packages are required.

For further Particulars, apply at the Com. pany's Office.

G. DE CHAMPEAUX, Agent. Hongkong, 18th November, 1902.

(10040

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.G, AND TACOMA,-

IN CONNECTION WITH NORTHERN PACIFIC RAILWAY COMPANY.

Steamers.

Captains,

Glenogle G. E. Warner

Tacoma......A. Dixon Tremoni..

Victoria J. Panton.

Tons. 1922-03

3740 Fee

1,817 Dec. 17 9,606 Dec. 30 3,502 Jan. 3

Steamers marked (*) have no passenger accommodation,

ORIENTAL

INSULAR

MIHARA, Manager

(s

STEAM

NAVN

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, CONTINENTAL, AMERI. CAN and SOUTH AFRICAN PORTS.) HE Steamship

T"

"PARRAMATTA,"

Captain F. J. Fox, carrying. His Majesty's Mails, will be despatched from this for BOMBAY,on SATURDAY, the 6th December, at Noon, taking Passengers and Cargo for the

love Ports.

Silk and Valuables, all Cargo for France, and Tea for London (under arrangement) will. be transhipped at Colombo-into a steamer proceeding direct, to Marseilles and London; ather Cargo for London, &c., will be conveyed vid Bombay with Transhipment.

Parcels will be received at this Office until P.. the day before sailing. The Contents and Value of all Packages are required.

Skippers are particularly requested to nois. the terms and conditions of the Company's Bills of Lading.

For further Farticular, apply to

E. A HEWETT,

Superintendent. Hongkong. 22nd November, 1002

No

To be Let.

.TO LET.

I, LADDER STREET TERRACE, and Nos. 2, 3, 4, 5 and 6, RICHMOND TERRACE..

Apply to

C. E. WARREN & CO.,

30, Des Voeux Road, Central. Yonkong, 36th November, 1902. [1250d

TO LET

NOKNUTSFORD TERRACE-KOW

Apply to

THE HONGKONG LAND INVEST, -MENT & AGENCY CO., LD, Hongkong, 21st. November, 1907, [72010

The attention of passengers is directed to the very cheap rates offered by this line to the Pacific Coast and to the Inte.lar and Eastern Cities of the United States and to Europe.

Special rates allowed to members of Govern. ment Services.

Through Bills of Lading issued to Pacific HOUSES in LEIGHTON HILL ROAD,

Coast Points and to the Principal' Citles in the United States and Canada.

For further Information as to Freight or Passage, apply to

TO-LET.

EVERAL NEWLY BUILT EUROPEAN

Apply to

THE HONGKONG & KOWLOON LAND & LOAN CO., ED.

Hongkong, 20th October, 2004

DODWELL, & CO., LÍMITED, | No. 8, Queen's Road West, DE

General Agents. Hongkong. 24th November, 1901.

Insurance.

1874d

NORTH GERMAN FIRE INSURANCE COMPANY OF HAMBURG.

THE

WE make but one grade of product, admitted to be the best; hence attempts at imitation. WE deal directly with the people, through our own employees all over the world, selling 1,000,000 Machines Cinas FOREIGN and CHINESE RISKS

annually.

IF YOU BUY A

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

SINGER

YOU 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.

2.

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

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

THE SINGER MANUFACTURING COMPANY,

979d

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

21

THE Undersigned AGENTS of the above

Company are prepared to accept - Fire, }

Current RATES:

SIEMSSEN & Co. Hongkong, 78th Máv, rägt.

· Masonic,

ZETLAND

LODGE

tas

No. 525, E. REGULAR MEETING of ZETLAND

A LODGE will be held at the FREE- MASONS' HALL, Zetland Street, on MONDAY, the 1st December, at 8.30 for 9 p.m. precisely. Visiting Brethren are cordially invited to attend. Hongkong, 25th November, 2001 [12800

LON

For Sale

FOR SALE.

NE BROADWOOD PIANO:

Apply at

TO LET.

JESTLEY," UPPER RICHMOND ROAD,

Apply to

LAU CHU-PAK. C/o A. S. WATSON & CO., LTD, Hongkong, 15th October, 1902. [ro85d

TO LET

MHouse, near the Flagstaff; from 19th

LEIRION NO. 2, the Peak, 6-Room October, 1902:

Apply to

E JONES HUGHES. Hongkong, 7th October, 1902 [1053d)

TO LET, TOUSES in CLIFTON GARDENS, CON HOUSES

GODOWNS at BOWRINGTON, Prays Eart HOUSES at CAUSEWAY BAY, facing the

Polo Ground.

THE RETREAT-MT, KELLETT No. 1, RIPON TERRACE,

Apply in tastes

THE HONGKONG LAND INVEST.

MENT & AGENCY CO-LD. Hongkong 17th September food,

TAI LOONG.

and 3, Lyndhurst Terrace TRW Kid Gloves Fancy Dres. Goods, Cáperant Jackets, Flannels and Serges

ROOM NO.14D,

Hongkang Hotel, Wool Shawls

Hongkong, 7ih: August 1901,

$464 | Hongkong, 14th October, do