TELEGRAMS.
(Reuters.)
Mr. Chamberlain's Fiscal Policy.
LONDON, 29th May. Mr. Chamberlain says that although an entire reversal of the Fiscal Policy is not suggested, the application of his ideas would require a new mandate involving the con- sideration of the general condition of the country and the position of the working classes; without closer fiscal relationship and closer political union, the Empire was impossible; when a new mandate had been obtained, auther Co onial conference would be called and in the meanwhile the fullest information wondd he collected as to the likely effect of preferential tariffs on the manufactures of the country. The opposi- tion leaders did not participate in the debite, awaiting Sir Henry Bannerman's motion an fiscal policy.
LATER,
The Prince of Wales, Visit to India. The proposed visit of the Prince of Wales to India lacks foundation.
Times"
$5
Correspondent Expelled from Russia.
The 77ars correspondent at St. Peters- 'burg has been expelled from Russia, it is supposed, for criticising internal affairs.
Result of the Oaks,
Our Lassic.
Hammerkop
3 Skyscraper.
Naval Appointments. Almiral Drury has been appointed a Lord of the Admiralty and will be succeeded in the East Todian Command by Rear Admiral Aikinson Wilies.
Somaliland.
joth May. The Telegraph's Bobotle correspondent states that Calkayu will be evacuated by the 14th June. Scurvy is raging amongst the native troops and many British officers have
been invalided home.
The Labour Problem in South Africa.
The Rhodesian Chamber of Mines has decided to make a trial of Indian labour, and if this proves unsatisfactory the only alter- native will be to import Chinese.
Mr. Chamberlain's Fiscal Policy.
The German press is profoundly impress- el by the speeches of Mr. Balfour and Mr. Chamberiniz. It had been believed that Mr. Balfour would repudiate Mr. Chamier lain's policy, but it is now realized that Mr. Chamberlain and the Government are in earnest American opinion is incredulous as to the practicability of the proposals. Decorations for Hongkong Officials. The Imperial Service Order has been con- ferred on Hon. Comdr. R. Murray Ramsey, R.S. (Retd.. Harbar Master, and Mr. Bruce Shepherd, Land Officer at Hongkong. Inspector Mackie, Hongkong Police, receives a medal.
Russia and the "Times."
The Russian authorities have informed the Times correspondent that they dislike the tone of his correspondence and the Times in general, which has attacked Russian policy. They have therefore resolved to reas! the Times a lesson.
(N C. D. News) Imperial Audiences.
Peking, 26th May.
Their Majesties granted audience this morning in the Grand Council Chamber to the Censors Chiang Jun and Sung Lien (Manchus).
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THE HONGKONG TELEGRAPH, MONDAY, JUNE 1, 1903.
stor Uppesinea, has been rejected by zz8 to 123 | theni, and it takes no share in providing the
Votes.
Court News
Peking, 28th May,
Their Majesties granted audience this morn. ing in the Grand Council Chamber to the Grand Secretary Sun Chis-nai, Ming Hatin (Manean), and General Lai Tsing-chien.
Mr. Chamberlain's Zollverein.
London, 27th May.
Sir Henry Campbell-Hannerman, on the second reading of the Finance Bill, will move that "the House, regarding Free Trade as Essential to the welfare of the people and Empire, declines to proceed with the Bill with out further disclosure of the fiscal policy of the Government."
The Discord in Macedonia.
London, 8th May. Mr. Netchevich, a Bulgarian ex-Minister, has gone to Constantmopic' on a semi-official mission, to sound the Porte with the view of arriving at, a friendly understanding, and dissipating the existing distrast.
BELATIONS WITH FRANCE,
However much the political importance of his Majesty the King's visit to Paris may be out- wardly minimised the significance of his speech to the members of the British Chaaiber of Com-
merce will not be overlooked in the chanceries
of Europe. Quickened, an doubt, by the tortuous policy of the Power towards which fireat Butain was traditimally disposed to incline. there has been a remarkable drawing together
of the two nations since the memory of the Fashoda epuode was buried. And when his majesty said "I trust the friendship and adanica - Can we all feel for die French and the glossus raduons may develop into a sentiment of the warmest affection and atuzuhmënt," he was acting as the mouthpiece of the whole nation. There is no people for whom the fritish enterton a waimer and more genus regard than the French, bat not until the recent un- mistakable authents of national sentiment had dispossessed our neighbours of certain unfound- ed suspicio is as to our loveign policy, was there scape for this feeling to fructify in the cordial onderstanding we now believe to be in view. Nor was his Majesty glazing over real difficut. tres in order to tickle his host's ears with homed phrees. In no vital direction does the policy of Great Britain clash with that of France; Since the partition of Western and Central Africa closed doors to Chauvinist enterprises in that part of the Content, there are only two points where their interests are even likely to collct. We refer, of course, to Morocco and Slam. With regard to Morocco the lines of an amicable settlement have been indicated. As long as Great Britain's trading rights are protected and the neutralizatioa ol the Medi- terrancan littoral opposite tiibraltar guaranteed, we have no concern in the fume of Morocco. and France might be left with a free hand to extend her territorial holding whenever she pleased. There is reason to believe that an understanding on these lines would not be un- acceptable to France and Spain. Ifadvantage- as taken of the present's approachment to conte to a general agreement on this basis, the greatest danger of a breach in the good rela tons of the two Powers will be removed,
In Siam the position is more delicate. We do not question that responsible French minis. ters are in accord with the declared policy of Gien Britain, to maintain the integrity of the Siamese Kingdom as a buffer between India and Indo-China. The French Colonial Party
are, however, governed by an such moderate ambitions. They lock ultimately to the com- plete absorption of Siam and will countenance no policy which does not open the door to further aggrandisement. Unfortunately the Conatal Party are a power in Freach palities. They have more than once brought the two tiovernments to the verge of a serious impasse, mainly through their stubbarn opposition, the rabdication of M. Delcassés Franco-siamese Treaty has been postponed for a year and at is useless disguising the fart that with a weaker Foreign Minister than M. Delcassé, the extreme Colonial group might commit France to a course inconsistent with the rights But in Sim, no less than
of Great Britain.
in Morocco, there is no problem which ought to be beyond the resources of prudent statesman. ship. The real danger lies ant in the clash of rival interests, but in the fatal habit of drifting which has become engrained in the British Foreign Office. If the British Vinistry will
Russian Activity on the Yalu. Tokio, 27th May. The latest news indicates that the Russians and Chinese at Yong-Ampho total 200, with two steamers maintaining touch with Autung, in disregard of all protests from the local
Replying to the Russian Minister at Seoul, definite policy in any part of the world, and the Corean Government insists that all acquisi-float on the present wave (fenthusiasm a sound tions of lands and buildings for residential pur-working agreement with regard to there twe
officials.
oule ravercome their constitutional dislike to a
officers and men who tan them. Yet since the Commonwealth Government came into
being they have deliberately adopted a policy of harassing the great companies upon which they are dependant for their material prosperity. For some of these measures there is the justification that the interests of the shipping companies clash with those of the Australian Erms engaged in the Coasting trade. But for the crusade against the lascars there is not even this excuse. If the whole of the lascars engaged on skips plying to the Antipodes were discharged to-morrow not a single Australian would benefit. Very few Englishinen would derive advantage either, as their places would he taken by the Dutchmen and Swedes- who are flocking into the British mercantile marine in yearly increasing numbers. These con siderations are not likely to have weight with the Australian Labour Party, nor with the Barton Ministry, which is its obedient tool.
The Labour members are guided by a bigoted and unreasoning prejudice against Asiatic labour in any form, and care not if foreigners take the place of the British subjects whom they desire to oust. There is only one answer to such demands. If the Australian Government, in accordance with the Act agains: which the Bombay and Benga! Chambers of Gommerce proteste i so strongly decline to be a part to any agreement involving steamers emp uying coloured crew, it is the
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duty of the British Garemment, if possible, te make arrangements independently of Australia. fis extremely doubital if the mail service to labour. The Orient Lone tried it and had to Australia could be conduited entirely by white
abandon the attempt. Even if the alternative were practicable, remembering that white labour would be chiefly foreign labour, it would be a monstrous injustice if British subjects were thus displaced by aliens. If the Hone Government and the shipping companies will only present a united opposition to this insol- ent claith, they can easily frustrate the tactics of the ignorant Labour members who have ton long been allowed to "boss" Australian politics.--Zimes of India,
NEW PESOS EN ROUTE 10 MANILA.
COINS EXPECTED TO ARRIVE BY JULY 1,
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balance shown on the account current and shall also state the amount on deposit, and the name of the depository. The examiner will report
COMMERCIAL.
to the Auditor the amount on hand and deposit JELENU MINING AND TRADING at the date of each investigation.
One of the acts which the Commission has passed is an act requiring officers and agents of the lustlar Government whose duty it is to receive and deposit revenues or other money in the Insular treasury or in a designated depository, to deposit the same promptly and providing a penalty of $1,000 for failure to do so; and also a penalty for failure by any accountable officer of the Insular. Government or provincial governments to render accounts as required by law.
SHIP BUILDING IN GREAT BRITAIN.
The decline in the shipbuilding trade is shown very clearly in the returns issued by Lloyd's Register of Shipping for the Sts quarter of the year. The total shipping under
COMPANY.
The directors' report and accounts for the past half year state:-
The option granted to Captain P. B, Law- son, refer to in the ball-yeatly report dated 21st November, 1902, was nẹ cxen and Kon work has been done on the lode mines during the half year. The loss for the half year, mainly depreciation, is $7,026.37, bringing the balance at debit of Profit and Loss Account to $110,369.90. A scheme for re-construction, with a view to providing sufficiem funds to sink the Glamie shaft, is under consideration by the Board. Failing this, it will probably be necessary to liquidate the Company. The Board now consists of lessrs. E. Nathan, J. W. Van de Stadt and J. Graham. Mr. Nathan retires by rotation au! offers himself for re election.
ÒPIUM QUOTATIONS. To-day's quotations are as follows →→
Per chest ALWA NEW.........
.NO SALES ..@ 960
LAST YEAR OLDEST PATNA New ....
OLD BENARES NEW
ÜLD
PERSIAN (PAPER)..
..@ 1,040/1,05u
1,040 1,025
...@ 1,040
1,027,
...... 740
To-day's Advertisements.
NIPPON YUSEN KAISHA.
NOTICE.
construction in the United Kingdom on March 31, excluding warships, was 425 vessels, of 974,680 gross tons. At the same date last year there were under construction 431 vessels, of 4,240,344 gross tons. It will be noticed that the number of vessels is not greatly different in the two cases, and that consequently the average size must have been largely decreased. The most noticeable falling off has been in sailing vessels. In the first quarter of 1902 thirty of these aggregated 26,840 tong--an average of 805 tons each; while this year forty- three only totalled 11,321 tons-an average of 363 tons. This looks as if the big sailing ship had not proved 'as economical as had been anticipated. The number of sailing ships under construction is nearly 50 per cent greater than it was in 1903, but the tonnage is reduced by $8 per cent. In steamers the difference is not so marked, the average falling from 3,326 grossURING my TEMPORARY ABSENCE froin the Colony, Mr. T. S. TAKAVANACI Luns la 2,522 goss tons, and the numbers from 40 to 382. The dinkaution of trade is by no will assume charge of the Company's Business
at this Port. means evenly distributed among the vanou
A. S. MIHARA, districts indeed, in Belfast, and in the distric
Macager. of Barrow, Maryport, and Workington, there is At Belfast there are under no decrease at all. construction 19 vessels, of 199,905 tant, against | 19 of 176,988 tons on March 31, 1902. 1 will be seen that the average size of ship at Belfast is nearly 19,950 tons. At Barrow the total has risen from 24,715 tons to 37,890 tons, and the number of vessels from 8 to 11.
increase in the size of mercantile great steamers 15 a'noticeable feature. There are now building four vessels of 15,0.0 tons and above, five of 12,000 10 15,000 tons, six of 10,000 to 12,000 tons, three of 9,000 10 10,000 tons, four of 8,000 to 9,000 tons, and fourteen of 7,000 to $,000 tons. number of vessels are, however, between 1,090 The largest
and 2,000 tons, there being fifty-nine of that size under construction. All the districts of the
The
The first shipment at the new Philippines pesos will reach Manila the transport Thomas due here from San Francisco on May 27th, reports the Mamia Times. It consists of 1,200,000 coins and will be followed 10 close succession by several other large shipments, A shipment of 2,500,000 pesos left New York on May 10th and is routed. by way of the Suez, Nothing definite is known here as to the date of its receipt as 15 wat known what vessel will bring it from the Mediterrancan to the-Orient. It is expected that a third ship-kingdom have felt the depression in the ship- ment of 1,500,000 will be started hum San Francisen on the transport leaving there un June Ist. These insure a supply of at least 5,200,000 by July 1st and it is not impossible that that amount will be exceeded by 1,000,0 0 or
2,000,000,
It is believed here that the amount on hund
on July 1st will be sufficiently large to warrant the inauguration of the new currency on that date, but the plans of the Philippine Govern- ment as to the matter have not been clearly defined. Certain steps in preparation for the new plan have been taken at the Baguio sessions but they do not definitely foreshadow the governmental plan.
There is stili much speculation about the
plan of converting the pesent currency but the task grows easier every day, for silver continues to leave the islands in large quantities. Since January 1st 7,000,000 pesos have been exported and if the drain continues at the present ratio
it is possible that 4,000,000 or 10,000,000 pesos will represent the total exportations by July Ist. It is also anticipated the shortage created by the exportation will have a tendency to drive the price of silver up in Manila.
PREPAR NG FOR THE SEW COIN.
building trade, except those already mentioned: The totals have fallen from 267,844 to 206,397 cons at Glasgow, from 174,875 to 101,300 tons al Greenock, from 76,825 to 57,822 tons at Hartlepool and Whitby, from 224,294 to 178,058 tons at Newcastle, and from 158,639 to 16,119 ions at Sunderland. In all the rest of the world the aggregate of vessels under construction omitting warships, in the early part of the year was about 720,000 tons, so that we are still not
only the largest shipbuilders, but we do more work than all the rest of the world combined. Not only are we the greatest builders, but we are also the greatest users. At the end of the quarter we were building for ourselves and
the 720,000 tons the rest of the world was our Colonies 704,000 tons of shipping, againsì building for itself, and we were also building 181,000 tons for foreign or unknown owners. If we built as slowly as some foreign nations. fur then we should have more tonnage under these figures would appear still more striking,
construction at a given time. As a basis of comparison, it may be mentioned that in Sep- tember, Igor, the inghest figures were reached, and that at that time they were 439,000 tons in excess of those of the last quarter.--
it is evident that the Philippine Government Engineering. intends to place the first of the new currency in circulation on July 1.
The executive orders issued by Governor Taft
after the recent conference which the Commis-
sion had with Treasurer Branagan and Auditor Lawshe clearly indicate that such is the p- puse of the Government.
These orders direct that all disbursing officers of the Government shall deposit all local or Mexican currency in their hands which is not ruined for distribution before June 30 No Payments in local or Mexican currency will be made by any disbursing officer after June 30,
bursing officer wlw is unable to complete his payments for the fiscal year will be permitted to hold bis accounts open until July 15. Im mediately upon closing their accounts up to June 30 all disbursing officers will at once deposit in the treasury all balances due the Government as shown by the accounts current,
-ANONYMOUS LETTERS IN
NEWSPAPERS.
10510
Hongkong, 1st June, 1903.
DOUGLAS STEAMSHIP COMPANY, LIMITED.
FOR SWATOW, AMOY AND FOOCHOW.
HE Company's Steamship
"THALES,
Captain Robson, will be despatched for the abure Pons, TO-3JORROW, ine and instant,
at To A.M.
For Freight of Passage apply to
DOUGLAS, LAPKAIK & CO.,
General Managers. zlungkong, 1st June, 1y0j.
1649
S.S. "ANNAM.”
COMPAGNIE DES MESSAGERIES MARITIMES.
NOTICE TO CONSIGNEES.
"ONSIGNEES ul Cargo from London
C
ex $5. Duro, IN CONECTION with above Stearner, are hereby informed that their Goods, with the exception et Upium, Treasure and Valuables are being landed and stored at their risks into the Godowns of the iongkong and Kowloon Wharf and Go- down Co., Limited, at Kowloon, whence delivery may be obtained immediately alter landing.
·
Optional Cargo will be forwarded on unless latination is received from the Consignees beture Noon, of the 31st May, requesting it to; Le landed here.
Kills of Lading will be countersigned by the Undersigned. Goods retuning unclaimed alter SATURDAY, the 6th instant, at NUOM, will be subject to rent and landing charges.
All claims must be sent in to me on or before the Och instant, or they will not be recognised. All damaged packages will be examined on MONDAY, the 8th instant, at 3 PM,
No Fire Insurance has been effected.
G. DE CHAMPEAUX, Agent
Hongkong, 31st May, ty03.
(1604
Kabuto
1st June, 1903.
میں 3
There was an interesting discussion at the recent sitting of the conference of the United Progress Associations, in Sydney, on a motion of the effect-"That it be a recommendation to the Government to pass a Bill making it compulsory for alt correspondence appearing in the public press to bear the full name and addr.ss of the writer." The mover and THE Company's Steamship
INDO-CHINA STEAM NAVIGATION
seconder, and those who thought with them,
COMPANY, LIMITED
FROM CALCUTTA, PENANG AND SINGAPORE.
"NAMSANG,"
poses by aliens in the interior in connection | danger points, there is little fear of any purely the close of the fiscal year, although any dis dwelt at length on what they considered the of Cargo by her are hereby informed that their
with mining and railway concessions, have been hitherto prefaced by official sanction: whereas the Russian purchases at Yong-Ampbo were entirely without sanction.
Tokio, 27th May.
.
The Opposition is Bellicose. The Leader of the Opposition in the Lower House bas presented a series of questions to the Government, wherein he asserts:—
First, that affairs in Corea are producing uneasiness in Japan.
Secondly, that the condition of Manchuria constitutes a violation of Chinese sovereignty, an injury to the interests of 'apan, and an ulti- mate disturbance of the peace of the Orient.
Thirdly, that the Government has failed to co-operate with England in utilising the alliance which was intended to secure the integrity of China and Corea.
Fourthly, that national armaments are futile unless they are utilised at such a juncture as the present.
But the Government Scores.
Tokio, 27th May.
An address to the Throne impeaching the Ministry, introduced into the Lower House by
Anglo-French complication upsetting the
entente cordiald between the two countries. This is, moreover, an undertanding which need
arouse no fears and excite na jealousies. It
menaces no legitimate interests; it runs counter Lo no reasonable ambitions: but alds one more guarantee for the preservation
Hereafter all heads of bureaus, and officers,
of the peace of Europe, which each year are expected to exercise a reasonable supervis becomes better with sacrifices to maintaining over the affairs of all cashiers or disburs Times of India.
ing officers serving under them, consis AUSTRALIA AND THE LASCARS. tent with the responsiblity imposed upon such officers and the di-cretion conferred by law upon each disbursing officer. For this purpose each head of a bureau or office is directed to
We sincerely hope the Government will assume a stiff-ne.ked attitude towards the pre- posterous position taken up by the Common- cause to be counted and verified the cash with wealth Administration in the matter of the mail contracts. Of all the irrational and oppressive legislation the subservient Barton month. Ministry has been forced into at the bidding of
having arrived from the above Ports, Consignees evils of the existing system. It afforded, they Goods will be delivered from alongside. claimed, facilities for "stabbing people in the dark." On the other hand, it was contend.
ed, that, especially in country places where at 4 1.M., will he landed at Consignees' risk and
everybody was known, abuses could carely be brought to light except ancnymously, for
enemies. One delegate referred to the famous people, even in the interest of the public wel. fare, could not be expected to make personal
letters of Junius and Historicus as an argument in favour of anonymity; another saw in the proposal "only an insiduous scheme to extin guish our old friend 'Pro Bono Publico,?" Mr. Clara, M.L.A., deprecated discussion, on the subject, on the curious ground that the matter would before long come b. fore the consider- ation of Parliament. Eventually, the motion was lost, and Mr. Clara need therefore have no
which each cashier or disbursing officer under his jurisdiction is chargeable, at least once a
In every case where a disbursing fear of Parliament being influenced by any officer is disbursing for more than one bureau formal expression of opinion on the part of th the Labour Party, this enactment against the or office, he shall submit to each, head of conference.-Sydney Daily Telegraph, employment of lascars is the most unjustifi- bureau or office for which he disburses and shall able. Australia catirely depends for its also state the amount on band in cash and the markets upon communication with Europe. It amount on deposit and the name of the has contributed nothing towards the cost of depository.
the splend & fleets of s'eamers which keep it in Every disbursing officer shall state on every frequen: contact with the west; it provides account current rendered by him to the Auditor, bone of the business ability which manages the kind or kinds of currency comprising the
SK for ASAHI JAPANESE BEER-LA 5K for ASAHI JAPANESE BEER-
♫ G. Girault.
SK for ASAHI, JAPANESE, BEER- AG. Girault AG. Girault
THE Straits Ecko-deems it neither wise not
fair that in Penang and some of F.M.S. the school authorities appear to consider that they have done their duty when they vote or grant for the apkeep of educational establishments just sufficient to keep the wolf from the door.
AS
SK for ASAHI JAPANESE BEER-
G. Giraulty
Cargo impeding the discharge or remaining on board after FRIDAY, the 5th instant,
expense into Godowns at East Point. No Fire Insurance will be effected. Bills of Lading will be countersigned by
Hongkong, 131 June, 1903,
JARDINE, MATHESON & CO.,
General Managers
A
}
Co-day's Advertisements.
Kabuta
1st June, 1993.
[6500
INDO-CHINA STEAM NAVIGATION
COMPANY, LIMITED..
FOR MANILA.
THE Company's Sunship
"YUENSANG,”
Captain Payne, will be despatched as above on FRIDAY, the 5th instant, at 4 P.M.
This Steamer has Superior Accommodation for First class Passengers, and is fitted through. our with Electric Light.
For Freight or Passage, apply to
JARDINE, MATHESON & Co., General Managers. Hongkong, 1st June, 1903.
[6520
AUSTRIAN LLOYD'S STEAM NAVIGA- TION COMPANY.
STEAM FOR
FIUME AND TRIESTE (DIRECT), Calling at SINGAPORE, PEÑANG, RAN. GOON, COLOMBO, ADEN, SURZ AND PORT SAID.
(Taking Cargo at through Rates to the BRAZILS, SOUTH AFRICA, RED SEA, BLACK SEA, LEVANT, VENICE and ADRIATIC PORTS.)
THE Company's Steamship
"MORAVIA," Captain Soich, will be despatched as above on WEDNESDAY, the 17th instant, P..
For Information as to Passage and Freight apply to
SANDER, WIELER & Co., Agents, Prince's Buildings. Hongkong, 1st June, 1903.
[5710
PACIFIC MAIL STEAMSHIP COMPANY.
NOTICE.
"ONSIGNEES of CARGO per Steamship
"CITY OF PEKING," Theabove Steamerhaving arrived, Consignees of Cargo are hereby requested to send in their Bills of Lading for countersignature, and to take immediate delivery of their Goods from alongside.
Cargo impeding the discharge of the Vessel will be landed and stored at Consignees' risk and expense.
E. W. TILDEN, Agent.
Hongkong, 1st June, rong.
THE POPULAR
SCOTCH
15
"BLACK&WHITE
SCOTCH MISJ
JAMES BUCHANAN & CO.
SCOTCH WHISKY DISTILLERS.
By Appointment f H.M. THE KING
and
HRH. the PRINCE OF WALES
(r
Supplied at all the LEADING CLUBS and HOTELS, and to be obtained from LANE, CRAWFORD & CO, Queen's Read [6530 Cental.
[6420
THE HISTORY
of impaired and lost eyesight, cataracts and other discased conditions of the eyes is generally associated with delay in getting first glasses, cheap spectacles, tramp spex, bung- ling of incompetents and the indiscriminate wearing of others' discarded glasses.
ONLY ONE PAIR OF EYES
the greatest age by getting your glasses fitted by
To last a life time. Keep them healthy and enjoy comfortable and perfect vision to
N. LAZARUS,
· OPHTHALMIC OPTICIAN,
OF LONDON AND CALCUTTA. Consulting Room: No. 16, Queen's Road Central. Entrance through Mr. R. Houghton's Tailoring Establishment, nearly opposite Hongkong Hotel.
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