1903-01-21 — Page 5

TELEGRAMS.

HONGKONG TELEGILAPII "

SERVICE,

(From Our Own Correspondent) Another Fatal Piracy.

LORCHA ATTACKED, EUROPEAN -

WOUNDED.

CANTON, 21st January, 1.30 p.m...

The lorcha, On Fat, which trades between Canton and the West River ports, and occasionally runs down to Hongkong, has been pirated. In the scuffle which ensued nine captures were eliceted, one man was killed and a European wounded, ·

(Reuters)

N.D.L. Steamer Ashore.

LONDON, January 19th. The Norddeutscher Lloyd steamer Lahn from Italy to New York, with goo passengers, is ashore eastward of Gibraltar. The U. S. cruiser Hartford and four tugs have failed

to re-float her.

14.

Johannesburg. There is a strong feeling in Johannesburg in favour of expending the war contribution on warships.

The Venezuela Affair. The German cruiser Panthèr has attempt

THE HONGKONG TELEGRAPH, WEDNESDAY, JANUARY 21, 1903,

1891. Application should be made to the, Harbour Master....

"The necessary fees for Yachts under 50 tons burden amount to $24.

An individual warrant for each Yacht owned by members of the Club and registered as a British ship, authorising stich Yacht te fly the Blue Ensign with the distinctive marks of the Club, the dragen and crown, on the dy thereof, can be obtained application to the Admiralty through the Honorary Secretary.

The gth Club race will be re-sailed by the one-designs and second class on Sunday next, January 25th, starting at 1.39 and 1.40 p.m. respectively, (Course 28).

"THE KWANGSI REBELLION."

HONGKONG, PLAGUE:

PRECAUTIONS.

combination with gold such as bimetallists propose: That all the great trading nations of the world have given up silver is a sufficient evidence of the truth of this proposition. Ia the face of the actual practice of the trade of the world, it is useless for practical purposes to argue in favour of any silver theory. We are then face to face with the following facts: -

INDICTMENT OF THE GOVERNOR, The metropolitan officials who are natives of News form Hongkong that the Consul Kwangsi have jointly impeached the Governor General for the Netherlands at that part has Wang Chil-chun, of Kwangsi, saying that given notice that ships calling there, and des- Fhe said Governor is not an intelligent official, tined for any port of Netherlands India will be having been simply promoted to his present subject to quarantine detention on account of post by freely briting high authorities and by plague, furnishes a practical" reminder of the All the important trading nations of the the aid of his brother Wang Chil-mio, a metro-season-always to be dreaded in Oriental ports, would use gold as the only standard of alte politan ufficiul who has always assisted him in There has certainly been no lack of effort at in the exchange of commodities. the capital. Both of the Wangs have always kept Hongkong to keep plague away, observes the 2-Ching is now the only large and import on good terms with Jung, Lu to whom they pay. Shanghai Times. The colony has employedant nation in the world which continues to use lens of thousand tacle annually. When Wang for several years experts from India, and it has silver. Chib-chuh was oppointed Governor of Anhui, exercised aslo all possible care with a view of his brother Wang Chib-mo was also given the controlling or of stamping out the disease. It THE NEW HONGKONG STAMPS brevet fourth rank of a metropolitan official need hardly be recalled that these efforts have and contributed ten thousand taels as royalty, met with a large measure of failure. That openly boasting of the fact. As a matter of furnishes no conclusive argument against A new set of stamps arrived at the Hang-fact after the Boxer trouble jung Lu had lost continuation of the efforts, for it would be kong General Post Office, ex: 8.3. Haknia

pitiful if medical science were to halt even Maru, from England, on Wednesday last, and

cfore such an undertaking. It does indicate, I were issued for sale on Friday, They consist

however, that work on this line must be un. of a one-cent issue, which is a new departure

reinitting, and that until some means shall he in Hongkong postage stamps, and, we under-

found of dealing effectively with the plague, stand, the idea originated with the Acting Post-

the commercial well-being of the best ports in the Orient will be hampered.

-

ONE AND RIGHT CENT ISSUES.

500,000 teals which had been kept in the Imperial Chinese Daok and was plundered by the Boxers (this is the moncy. which a well known foreigner atempted to draw from the Bank here in the autumn of 1901) ant Wang Chih-me being then with the Imperial cortege master General, Mr. E. Cornewall Lewis. The

at Hsianfu wired to his brother and asked

the border consisting of brown framing, some new stamp is of lilac and brown on a whi e field,him to consult with the "manager of the. Hank to induce the latter say that the said five hun- dred thousand tacls were not plundered. Thus what similar to the Queen's issue, the centre being a profile of the King surmounted by a

their services to Jung Lu were very significant. The said Governot, was very unpopular and crown, in lilac. The lettering is the same as the old issue. We believe the local post office is never did anything to merit approval by his Impeachments were for rule in Anhui practically run out of twelve and fifty-cent mutated against him by many officials and stamps of the Queen's issue; but issues of these values are expected to Jung Lu being on leave at the time was

-new

arrive in the Colony during the first week of

February. An issue of eight-cent stamp, which will bo Le a new departure, is due at -ed to force an entrance to the Gulf of Mara- the same time, Two, tour, fire, ten,

caibo and fired on the fortress of San Carlos, thirty, and forty-cent stamps, of the new issue, The fort replying forced the Panther to re expected in the middle of Febru.ry, but retire.

LATER,

Obituary. The death is announced, of M. Blowitz, the Paris correspondent of The Times.

The "Lahn.”

It is believed that the N.D.steamier Załun is in no danger. The passengers will be transhipped.

⚫ Vonezuela.

|

not able to assist him, so the said Go vernor was dismissed from his post in

Anhui, and was not called up to Peking. Li-n-yin (te false eunuch) after burrowing But his brother Wang Chih-mo wem to Li

100,000 is from the notorious Wei in lot-

3-The ranks of silver-using, countries are being rapidly thinned by the replacing of silver with gold. As recent witnesses to this one might, point out "Japan and Siam and that similar action is proposed in the traits Seille- ments, the Philippines and elsewhere.

4-Trade is becoming increasingly difficult in this country owing to the diminishing value

of silver. The import trade is receiving a serious check owing to the enhanced prices in

1

5

veramente are already issuing Governmen noles. It would appear that the Viceroy Yuan Shih-kai is now putting into circulation some two million taels in notes and that the provin cial Treasurer of Shantung, has followed suit by issuing to date eight, hundred thousand tiels. It is only a question of time when all lic provincial governments will adopt this comparatively easy method of replenishing exhausted treasuries

This policy, if continued, will in a very few years bring about a serious financial crisis in this country, unless the Government honestly and strictly place in reserve against such notes bullion of a corresponding value. Judging from former experience of the fiscal methods of the Chinese Government it is more than doubtful whether any such reserves are being put against the issue. The immediate effect will be to iußate the currency and give a fictitious prosperity. The inevitable result will come sooner or later, Tic notes being in convertible will either refuse to bonoar their own notes or be unable to redeem them in bullion. For both of these prognostications there is unfortunately not only -Imperial but local precedent.

silver required for all foreign commodities and the difficulty of doing business with a medium. w.ich is so constantly and violently fluctuat ing.

s-Some remedy must be found and that || IN LIEU of chinese LABOUR. immediately. The only remedy seems to be the establishment of a gold standard in China.

The New York Commercial Advertiser mys- of the mine labour question of the South African mines:

"A distributing centre like Hongkong should find itself busy of all seasons. The visitation of plague makes timid both commerce and capital. Whatever the trade growth of Hong kong, it cannot become what it should be so

Many have imagined that the low price for long as this danger bans over it. I may be silver would stimulate enormously the export reasonably supposed that the sanitary precau trade of the country. It is an undeniable fact,

While the production of gold, in the Trans. lous employed in former years will be rein- however, that the export trade has not respondvaal has been steadily increasing since the re forced this, year, in the hope of saving the ported as was expected to the fall in silver. The sumption of milling operations on a small scale from anything like a universal quarantine. prices of native articles have steadily risen in May, 190r, yet the output has not increased' This may be hoped not alone because of the

in correspondence, with the fall in exchange, as rapidly during the last few months as had and this is inte more or less all over the been hoped at the time of the settlement of the

interesting question as to what has caused the in the Transvaal has been the scarcity of labour. Empire with all kinds of native produce, even Boer War. The great obstacle in the way of when required for home consumption. It is an the immediate expansion of the mining industry.

ise in price in parely native articles for home

digress to discuss here. May it not, however, be possible that though gold as a standard of value is unknown'in China it nevertheless bas exerted its sway in this country and is respon. sible for the rise of values even though the laws governing such may be wholly unknown to the bffical and mercantile would of China. One has noticed the rise in value-of land as

separate welfare of Hongkong, but in behalf

which may blight an important depût of of all ports in the East, for Eastern trade is to be considered in its entirety, and a curse

commerce must inevitably spread its influence.

will not be issued till the old stack is exhausted. tery man Liu Shio-stun and bribed Li Lien-yin | Growth at Hongkong nicans growth at all other consumption but one that we do not wish to

There is still a very large stock of two, five, ten, twenty, and thirty cent stamps, but the stock of four and fory is nearly exhausted-

CORRESPONDENCE.

(We do not necessarily endorse the opinions expressed by

Correspondent in this column.j

THE REV. C. BONES DEPARTURE.

TO THE EITOR OF THE HONGKONG Telegramić"

SIK,Un the eve of my departure for England all thuse who have done anything in any way to

on the dismissed Governor's behall whereupon the latter was.appointed Governor of Kwangsi.ports, and considerations seinsh as well as humane enter into the wish that measures for On the day of the said appointment there were about eleven impeachments presented, but they dealing radically with the plague evil may not

much longer remain inadequate. were intercepted and have not been presented to the throne.

Since his arrival in Kwangsi he has proved just as bad an official as before; and before going to Kwangsi he stayed at Shanghai where he daily gave entertainments and mingled with singers on the idle pretext of fuising lunds for Grand Council's repeated orders to proceed

arrival in Kwangsi he did not take any steps to suppress the rebels; there was no dis- cipline amongst his troops and many of his

The Hongkong authorities seem to have become active nough to prevent the appear ance or spread of the diease. A paragraph in one of the newspapers (the Telegraph) by the latest mail says that the sanitary inspectors have attended to disinfection of a large number

It is now understood that negotiations are in active progress .between the British and the Italian Governments to effect an arrangement under which a large number of Italian labourers will be immediately available for South Africa, The negotiations have so far matured that the Italian Government has appointed a commis- signer to proceed to the Transvaal and study. the conditions existing on the Rand. The possibility of diverting the large Italian im migration to South Africa and of utilising it in the development of the Transvaal mines is be lieved to offer a satisfactory solation of the

The success of the experiment is of vital im....... as would appear from a mere cursory examina-por.ance to the entire commercial world. Over tion of the question,

one-half of the stamping power in the Trans- "vaal is now idle. The output of the yellow

metal will amount to about $35,003,000 this- year, as compared with a round $100,000,000 during the years immediately preceding the Boer War.

well as of commodities and though the price

Some bakers at Caracas have closed' their | ft is my duty to publicly express my thanks to military purposes. Only after receiving the lodgment, and that 2,993 houses have been subject would show that expressed in terms of present difficulty.

in silver is much higher than a few years ago, of places where plague has formerly "found t is not improbable a close investigation of the

The Transvaal War Contribution.assist in the building and furnishing of the speedily to his post did he do so. Oo his cleaned and whitewashed in the last fortnightgold there has been no such violent fluctuation

shops for want of Bour.

The papers agree that though the mines might have furnished a larger contribution without crippling the industry, it is most im portant, as regards the future, that the con- tribution should be voluntary and furnished with a good will.

ROYAL HONGKONG YACHT CLUB.

8. & S, H» · ein Arsenal Street. Our well wishers

They have also again taken up the fight against rats, and it is reported that in the nine days ending Dec. 31, more than 6,000 animals were

78,000 in 1901 and 40,000 in 1903. There to nearly 118,0:0, against something like

have been inany; their kindnesses, have been not a few. Further do I on behalf of the Com-soldiers have gone over to the rebels.; bis guns caught. For the year the rat catch am unted mittee thank those who assisted us last week with the view to the paying off of the delit incurred by the additional storey to the Home. Lastly, I must record the debt of gratitude we Lowe to Mr. G. 5 ewart who so kindly, brought

and other war materials have been taken away by the insurgents." During October last he falsely reported victories on the part of his troops, but this was merely the killing of harmless natives. Thus through Wang's conduct the situation in

other

are no further reports, at hand as measures of prevention, bui L may be noted that Honolulu HILS

wholly

China's liabilities are practically all expressed in terms of gold, the result of which is that the amonat of China's debt expressed in ferms of silver is steadily piling up, and in spite of all Piyinents on account of loans and indemnities not only has the total amount not been reduced but the payments on the same are insufficient

our Home to the notice of the Navy League Kwangsi becomes very serious and the province escaped plague since the spring of 1900, when to account even for the difference in exchange.

| and obtained therefrom the sum of $rco, and to

the district known as Chinatown was burned to the Hon FH May. CMC and Mrs. May for is now in a state of chaos, while Hunan the ground, and that Yokohama put a-quietus It may not be generally known that yachts the sum of $700'ha ded me as the result of Yunnan and Kweichow bay also become on plague only a few months ago by meatures

AND THE BLUE ENSIGN.

owned by members of the Royal Hongkong Yacht Club are permitted to fly the Blue Ensign, of His Majesty's Fleet, on the follow- ing conditions:-

(1) Yachts, although belonging to a Yacht Clob to whi ha warrant has been issued, are not allowed to fly the Bus Ensign of H. M. "Fleet unless they have been duly registered as British Ships in accordance with the pravi ions of the Merchant Shipping Act of 1994, and by the Registras authorised therein.

(3)^n individual warrant should be obtained for each Yacht.

..

(3) Yachts under 15 tons must be registered before they can be granted a warrant.

(4) Yachts cannot dy the Blue Ensign unless all conditions ar fulfile.

the native district. The sanitary authorities at

the Variety Entertainment which they initiated affected. It is feared the movement will and carried though so successfully. Indeed, eventually emulate the great Taiping rebellion.qually heroic over a considerable portion of the gener us support given to the Hume from present in every province there are many Tokyo are a so now busy in handling cases of the first by Mr. and Mrs. May has very greatly rebell ous elements and if the Kwangsi rebels plague reported in that city, where it has not assisted us, and to me personally it has are not promptly crushed a great crisis all over

yet been necessary to apply the fire cure, but been at times nothing less than an inspiration.

the Empire wijl are. Wang Chih-chun is in

where, apparently they are ready to apply it no way qualified as a general. There are many should the disease spread beyond the premises I am &c,

great men in China to day resembling Tseng of the factory within which it started. Ke-fang, Tie Chung-tan, i Hung-chang, as Hangkopy, solh January, 19 3.

well as Liu Kun-yih and Chang Chih-tung, and the problem should be settled by these men and not by wretched impostors like Wang Chih-chun. Thus we (the metropolitan officials) hereby, impeach him to the Throne in order that proper steps may be taken to deal with the dangerous situation in Kwangsi.".

CANTON NOIES.

BONE

(From Our Own Co›respondeat.)

CANTON, January 2 uk. PROHIBITORY PROCLAMATIONS. Proelmations have been issued by the Viceroy and the Tartar General forbidding the manufactu e of any kind of ammunition by private persons under penalty of death. The Viceroy, has frequently given instructions, to arrest any person found engaging in this kind of work. As a result the most of the making of cartridges and especially percussion caps has been carried on by the Bannerman (Killa) The Viceroy is powerless to order the arrest of these people without the co-operation of the Tartar General, Hither'o the Tartar General ign, red the question altogether. Many families have made a living by making percussion cips A curious label is to be found on most bars. It represents the firm as being under the pat- ronage of the Italia, Guapan and Austrian governments: The Tamar General has con- senteil.in put a stopt the manufacture of these caps and has issued orders for the arrest of guilty parties.

THE NANKING DISASTER.

FURTHER PARTICULARS,

From the N. C. D. News 'to hand we learn that further particuurs were brought to Shang. hai by passengers just arrived from Nanking of the great disaster wh ch swept away Messrs. Beiterfield and Swire's gedowns and bundings

THE CURRENCY QUESTION.

Allen for Immediate Action with a View to

*the Fist ablishment of a Gold

Standard in Chiới.

BY EDWARD S. LITTLE, SHANĢĪLAL.

.I.

THE PRESENT POSITION.

The disparity between gold and silver ba, for many years gradually become more and more pronounced. It has now become a burning question for those cou tries whose medium of exchange is sover. it is useless to attempt

revive any scheme of bimetallism. Whatever may be the benefits of such a scheme on Monday of last week and which precipitated in theory, the practice of the world has made an unknown number of Chinese into a watery it to be impossible. The subject may be of

So far as can be ascertained, no

academic interest, but it no longer enters into practical politics. This paper is not intended to discuss any theoretical question but aims at immediate action with a view to remedying present condition of affairs.

grave.

It is imposisble to say whether or no this move- meat will continue. As already stated there seems nothing in view to prevent further and

Both from a trading and from a Governmental

continuous fails in the price of silver. standpoint it is necessary to find in China some more stable standard less subject to external influence then silver. The only metal available is gold.

A GOLD STANDARD FOA CHINA, The action of other nations and the condition of affairs as outlined above, are gradually for cing all classes of the community to the convic tion that it is absolutely necessary, in order to save the situation, to introduce at the carliest pos rible moment a gold standard into this Empire. Although China is a debtor nation there is no insuperable obstacle to the adoption by China of a gold standard. There is sufficient po:en- tial and actual wealth in the country to bear the strain of such an enterprise. The following suggestions are made as to a possible means of introducing a gold standard.

Commercial.

EXCHANGE

LONDON, Telegtophic Transfer

by Bank Bills, ou demand 1/6 13/16" Credits, 4 months' sight .177 3/16 I'ments, 4 months' sight:5,4/7 5/16

IN BERLIN, (demand)...M-1.603" ON PARIS, Bank Bills, on demand........1.964 'Credits, 4 months' sight 1, 22.008

་་

"

M NEW YORK, Bank Bills, on demand in 381 Credits, 30 days' sightt mm...381 OR BOMBAY, Telegraphic Transfer,

On demand.................

Ox Shanghai, Telegraphic Transfej

Private 30 days' night ОН УОКОНАНА, Т. Точн Sovereigns, Bank's Buy ng Rate... Gold Leaf 100 touch, per tisl Bar Silver,

OPIUM QUOTATIONS,

To-Jay's quotations are as follows

1

MALWA NEW......

LAST YEAR. OLDEST PATNA NEW-

CARES NEW PURSIAN (PAPER);

Per chest @$970/1,000, .@: 1,010/1,040 .@1,050/1,700

© 1,017

670/710

Co-day's Advertisements.

QUEEN'S COLLEGE.

(5) A Yacht owned (a) wholly or (d) partly by a member of the Club not a British subject is not allowed to wear the BI e Ensign.

The following infursation has just been

1. The establishment of a national coinage circulated for the benefit: ní Club yachtsmen

At the present moment there is practically no By he Merchant Shipping A1, 182, it is

coinage at all in the Empire. It is true that there enacted that every British ship, which term

are various denominations of copper coins and inci des Yachts of all sizes owned by. British

that many provinces have minted dollars. There subjects, 'shall be registere l' except 'ships

are also dollars of other countries, such as the not exceeding 15t us burden employed solely

Mexican, British and Spanish in circulation in in navigation.....on the rivers or coasts of

foreign lives were lost; the Customs official,

certain sections but he national coin. The some British po session within which the

who had gone out to meet the Puyang, being

whole of these should be withdrawn from cir- managing owners ofthe shipsa e resident.' Ifany

furtunately on the pontoon at the time. The

culation and the provincial quints taken over ship required by the act to be reg sfered is not

by the Imper al Government. It is already" registered shesh it not be recogni ed as a

Catastrophe happened quite suddenly and without warning, and instead of sliding down. Trade has become exceedingly difficult provided in the Shanghai. Treaty that China British ship' a'd' may be detained until the

into the water from the shore, as first accounts in China owing to the continual and shall establish a national cunency. It will be master of the ship, if so required, produces

led us to suppose, the whole semicircle of land, ruinous fall in the value of silver. We raster for China to establish a gold coinage at the certificate of regis ry of the ship 'sections

wharves and everything on it, seems to have are not cp cerned here whether this is due to the outset than to still further, complicate the 2 and 3). Where it is declared that a British ship shall not be ïécognised as a

sunk in one mass rapidly downward, the the depreciation of silver, to the rise in price of situation by establishing a silver currency and ..A RUMOUR,

The fact remains then having to change it again as, judging from British ship that ship shall not be entitled to It is difficult to trace tumours and many of

part furthest inland going first. Seeing that guld, or to any other cause. the depil of water is 30. feet in the great that the price of silver as compared with sterling the history of other nations, she will be com any benefits, privileges, or advantages or pro- | "heqi are not v ry reliable. When they are in tection usually enjoyed by British ships, nor harmony with general expectations they are

bay which occupies the spot where the wharf very seriously hampering trade. It is perhaps pelled to do in the near future. The national stood, and the land beyond is 120 feet above

lop strong a ler to say that trade has become coin might be a Tàel of the value say of 2/6J. to use the British flag or assume the British given more attention, just now the Chinese high-water level, the land must have been paralysed. If, however, the exchange continues would not be recessary to issue an actual national character; but so far as regards the both in the city and country look for some undermined to a depth of quite do feet. The to fall the term will be in order. In this con-old coin, indeed in the present condition of payment of dues, the liability to fines and kind of disturbance during the New Year Custom-house which stood adjacent has since nection I do not propose to discuss what. hashings and judging by the treatment to which HE Steamship forfeiture and the punishment of offences holidays: As I have mentioned in previous been abandoned as unsafe, and a long fremt of caused the fa! of silver or whether silver is siver dollars are subjected it will perhaps be committed on board such ship, or by persons communications there is nothing to be seen Chinese bunding on the other side shows likely to rise or fall. I do not believe anyone belan, ing to her, such ship shall be dealt at present which would indicate trouble; This ominous signs of stacking. It is, in fact, im- can prophesy with certainty as to what silver is with in the same manner in all respects as if last day or two, however, it is rumoured that the possible to say how much further inroad the likely to do. One can only say that the indica- she were a recognised British ship." (section 72). "Sun" party is active and that Dr. Sun" is "water may you make. The Chinese have already

tions seem all against any permanent rise in If any distinctive national colours, except or will soon be in Canton. So far as I have discovered a picturesque explanation of the the value of this metal. the red ensign, without any defacement or been able to ascertain the Chinese officials are disaster; according to native accounts a great mod fication whatsoever fur except the Union too much on the alent to be caught. “ Jack with a white border,

CLOSING OF SCHOOLS.

are hoisted

wiser for the present not to actually issue a gold coin, though that will saturally follow in future years. Silver subsidiary coins, of course, must be issued, but these coins will only be in, the nature of lekens, such as they

HE Honourable F. H. MAY, C.M.04 Colonial Secretary and Chairman of the Governing Body will preside at the PRIZE DISTRIBUTION at the above GOVERNMENT INSTITUTION TC-MORROW the 22nd instant, at NOON.

All interested in Education are cordially invited.

GEO. H. BATESON WRIGHT, D.D.,

ixon, Head Master." -Hongkong, 21st January, 1903

1854

WING ON STEAMSHIP COMPANY.

HONGKONG-MACAO. LI

CHU KONG," Capt. Mason,

Dep-tures from HONGONG la MACAO, Dily, at 7.30 AM SUNDAY including. Depaitures from MACAO to HONG KONG, Daily, at a P. SUNDAY Including

This Steamer is the fastest and bas Superior Cabin Accommodationem

Europeau Saloon Passengers.........$1.50 Chinese"

Deck

An attempt to arbitrarily force up the valuere in all the gold-asing countries of the wurde struck the place suddenly. There is, as of silver is almost certainly foredoomed to world. The Government should also issue The Shi Man Hok Tung losed last week right be expected, great excitement among the failure. The Government of the United States notes through the regular channel of an Chinese population, who recognise in the seriously tackled this problem but was compell authorised Bank-Imperi gold currency British subject without warrant from His for the holidays. The attendance was good occurrence something much more than a grea, ed to abandon the scheme when it became ap-notes; based on the security of an actual gold ||Office: of the

or fom the Admiralty, the master of up to the close. Next year the school is (and deplorable disaster, lo be accounted for by parent that all efforts would be in vain. If a Reserve, to be absolutely controlled by trustees:

on board any ship or boat belonging to any

Majesty

the ship or boat or the owner thereof, if on board; continue-( and higher-fées charged, The.

the sime,...

...shall, for each offence, incer a fine not exceeding five hundred pounds, and any commissioned officer on full pay in the military or naval service of His Majesty or any officer of customs - tay board the ship or boat and seize and take away the colours, which shall be forfeited to: His Majesty, (section 73)

Yachts can be registered as British ships in Hongkong under the Merchant shipping Ac for ASAHI JAPANESE BEERS

choot is suppor ed by contributions and the fund is unning low and subscriptions are that liberal as at the organization of the scho I Ame the teachers ar lwo men giving in struction in English and one Jana ere who has a class of about a dozen súdying Japanese The college for women which was started as a kind of an annex to this college has been closed but its patrons hope to open again next year.

SK fot ASAHI JAPANESE DEER

Giriolt,

natural causes.

A UNIQUE express package, destined for a distinguished prsonage, was an object of curiosity in New York recently. It consisted of an enormogs pointe, weighing several pounds. It was in a box, and consigned To his Majesty the King of Englan, house of parliament, London, Eng and was shipped by N. P. Hulett, of Pawler, VL, who mised it on bis farm.

SK for ASAHI JAPANESE DEER.

wealthy country like the United States has been beyond Government interference The de compelled to abandon the attempt as an im- nominations of notes and all coins is a detail possible one it is needless to say that it would which may be decided later on. "Copper coins be more than felly to expect China or any com will also be necessary. All these coins and bination of silver-using conn.ries to succeed...

notes will require to be backed up by a gold We cannot conceal from ourselves the fact reserve in the Imperial. Treasury and the that the day of silver as a single standard of Imperial Government must guarantee to re- exchange has gone. It would even appear the deem on demand any or all of these lovens in commercial world has come to the conclusion- goldes? that silver cannot be used as met exchange either as a single standarð ár.

SK for ASAHI

BEER

Recent information shows ibat the Umperial Government and some of the provincial go-

AES for ASAHI JAPANESE BEER—

40

Further Particulars may be obtained at the

WING ON STEAMSHIP CO, No-42, Bonham Strand West): Hongkong, 21st ♬ quary, 1903. 1870 INDO-CHINA STEAM NAVIGATION!!

COMPANY LIMITED.

FOR SINGAPORE, PENANG AND CALCUTTA "IIE Complay's "Steamship",

For

LAISANG

Courney, will be despatched ESDAY, the 28th Instant, ight or l'assage, apply tou ARDINE, MATHESON 132 General Managery/ Hongkong, dist÷Janua

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