THE FISCAL POLICY OF THE HOME GOVERNMENT.
INTERESTING DEBATE,
MR, W. A. GIMS' EXCELLENT SPRECIL
THE HONGKONG TELEGRAPH, FRIDAY, DECEMBER 4, 1903.
the only possible consistent form which would be tolerated now, but instead we see all around us the nations of the world placing tariff walls about them, and, strange to say, developing their industry and commerce in a wonderful mannen Universal Free-Trade, or practically ahead. But what were really the causes of that, was not long maintained but still we went
briefly: our development? In my opinion they were,
A large and enthusiastic meeting of members of the Union Church Literary Club met in the Lecture Hall of the Union Church last night to debate on the "Fiscal Policy the Home Government." Considerabla' interest in the
(1.) The growth of the British colonial sys. subject was aroused and the large number ofm, which other countries are now adopting the public present at the meeting testified to
As Mill in one of his works states:-"Coloni sation in the present state of the world is the the keen interest evinced in Hongkong in the best affair of business in which the capital of question of the Fiscal Policy.
Porter in The Progress of Nations, written an old and wealthy country can engage" and
more than a generation nga, says :-" If called. upon to declare what circunstances in the con; dition of England which, more than all things, make her the envy of surrounding nations, it would be to her colonial possessions that we most attribute that feeling. In the eyes of fareigners those possessions are at once the evidence of our power and the surest indicant of its increase."
The speeches, especially those of the pro- paser of the resolution (Mr. W. A. Sins) and of the proposer of the amendment (Mr. H. Hurst- house) manifest an appreciation of the mo- mentous question at i sve which do redit to the speakers as well as the debating society to which they belong.
The chair was taken by Mr. J. Dyer Ball, M.R.A.S, ai 9 o'clock. In the course of an el quent speech, which was received with loud applause and frequent cheers,
Mr Sins said:-As doubtless very many of you are anxious to aid the discussion, I do not propose myself to occupy very much of your time, my endeavour being only to place certain views before you--in support those views as far as I can in the time by an appeal to argument-leaving you to throw further light upnu them.
I trust the fact that we are no
proprietary concern will be very particularly emphasized on this occasion, which is our first debtc.
(2.) Our early achievement of political unity, (3.) Geographical position of England. (4.) Freedom from internal wars. (5.) Our successful wars abroad, thus weaken- ing our competitors.
(6.) Continual disturbance of affairs of con. tinental nations.
products of her spindles, while we used ts por Ladies and gentlemen, 1. leave with confid- cent only, exporting the remaining 85 per cent ence my resolution in your hands What will happen when she requires all her "That this moeting, believing that the on cotton?" We should bat, aye we must changes which have taken place during the not, be dependent upon a foreign country for last fifty years in the conditions under which our food supplies. (Loud applause.) 1897.British trade has been carried on necessitate came from nas foreign country alone. Other we as a nation have adopted during that period, 1991, 60,000 oro cwts, out of 96,000,000, cwts, the reconsideration of the Fitcal system which sources of supply merely kept the prices welcomes the Inquiry which has been institu steady. And as we grow more dependent ted by the Home Government with a view to upon them they become more independent of securing for Great Britain Fiscal freedom in us. There was a decrease in our exports to her negotiations and commercial relations with the United States of $115,000,0:0, from 1871 Foreign countries." (Loud Applause.) to 1878. In the minds of some there may be the thought:Yes, other countries certainly solution. In his remarks he made reference Lieut, Sutor, A. M.A., seconded the re-
of Protection?" Well, I think I can give you Gladstone concerning the union of the Empire. have increased their trade, but is it the result to the prophetic utterances of the late Mr.
na or two very concrete, instances of the direct effect of tariffs upon the importation of manuing amendment That Free Trade is the only Mr. H. Bursthouse then proposed the follow- factured goods.
practical economic policy for.Great Britain," His speech was an exceedingly, clever and witty one given to the usual generalisations. that characterise Free-Trade arguments, there principle contended. The speaker is, however, being no specific grounds in support of the to be heartily congratulated for putting so much. humour into a generally considered dry subjecti
Mr. Causland seconded the amendment." Messra H. D. Bell, P. H. Holyoake, W. Everall, W: Ingles, and W. G. Humphreys materially assisted the debate in effective and, in some cases, witty remarks.
Put to the meeting, the original resolution was unanimously carried...
THE GERMAN COLONIAL BUDGET.
A D.O. Lloyd wire, dated Berlin 28th. ult., sented to the Reichstag immediately after the states that the German Budget will be pre-7
lätter has been opened.
deduction must be that the protection of given employment to hundreds of thousands of America's manufacturing industries must have
their people. (Applause.) I have not taken the figures from one-sided party papers, but from specially prepared sources. As a further confirmation of my point, the exportation ofyears U. S. manufactured articles went up from £57,000, 00 to £85,000,000 from 1897 to 1901.
owing figures, compared with the two last. The Budget for Kiautschon shows the fol
--
Take the case of the United States. In 1891 they imported manufactured goods to the value of 76,000,000, the highest amount recorded McKinley Tariff was passed with the result since 1880. In that year (ie, 1891) the high that in three years these imports-imports which were depriving their own people of work-were reduced to 48,000,000,
Heavy duties were then taken off, but wh it was the result? For the next following three years there were immediate increases of 18, zo, and 20 million pounds sterling, respectively. This brings us to 1897 when another turu was given (7.) Natural resources and consequent deve to affairs, the Dingley tariff reverting to former All these have contributed to our success, but lopment of mechanical power.
duties. In 1898 the imparts fell to £47,000,003, an inmediate decrease of £21,0:0,000 11 now cannot be held to be applicable for further seems to me on going through the tables and development. And are we now really deve-inaking these comparisons, the only possible book then published under the title of The loping? As far back as 188, it is written in a rate of the World-It seems to be evident the rest of the world will have to engage our that sooner or later our trade relations with
most carnes: attention and when that day arrives we shall have to meet that question as fearlessly as our soldiers have met their fors, prophetic utterance. In 1870 the complaints that they found their expression in two motions the United States have gone ahead, but so Allowance of the Tray 22,583,000 12,876,000 12,044,000 of pauperism and bact trade were so great
But to meet a further critic. admittedly the The Colony's own income M. in the House of Commons. One calling for have we. But what and where has been our State aid for enigration, the other for a com
Total Mexiks...... 13,088,300 11,876,000 12,100,000 progress. An increase of 440 to 550 in Neutral
-EXPENSES. mittee to investigate our commercial treaties Territory-a decrease from 560 to 420 in Pro-Manary administration.... 3.104356 1,142,915 2,368,339
ministration Mark.. 084,504 966,054 aiming at reciprocity-the first ray of light-tected Countries. What will be our position Joint expenses 1,973,858 1,935,897 3.207,133 799.547
at the present lune, on the authority of oat
when present neutral ground becomes proPoxpenica M, ........... who likes "olo custoin," there are 12 to 54
tected? On the basis of practical experienceHarbour Mark million people in the British Isles who never get not do the useless and plastic generalities a good square meal, while our standard of which we meet with so frequently in the Free physique is so seriusly a question that a com Trade Press, the only answer can be that our mittee has been appointed to inquire into it, commerce must still furtherdecrease (hear, bear), In the past few weeks, having this discussion in my reading I have approached this subject make a few. extracts from a newspaper, hich before me, I have taken the opportunity to of Free-Trade with a perfectly open mind, undoing deck....... refer to our frade Reports. It seems to me
I must confess I have found little which can be called arguments by Free-Traders. The that no abstract reasoning nor philosophical placarding of a country with what Are deductions of professors of economics can be called "frotected loaves" and "Free-Trade accepted as absolute arguments as to the loaves" cannot surely find sympathy in
... 17,088 300 13,876,000 17,404,000 ⚫ffect of certain matters upon Irade.
the minds of reasonable men (joud applause) of the electric works at Tsingtau became ne- The amount for the purchase and completion Al hough I do not use it as an argument, from cessary, when the negotiations about a partici- 1861-1871, wheat-per ton in England way Mpation of the Government failed in conse -248-thereas in Cintimate, where there were
Ence of the too high demands of the owners,
and
INCOME.
Demand for 2003
509.300
Against,
1903
455.000
1967
3,000
It has been suggested to me that we are touching dange hus ground in d bathig things political; but the subject of our discussion seemed to me to be such an important one that our programme would hardly be complete without a reference to it. At the same time I do not admit that this is a political question in the sense that party strife is involved. It is political inasmuch as it is national The English people are at a crisis in their history, and it 15 necessary for all of us to arise above the belittling and foolish inconsistencies of porty warfare.in.deciding a question of such far-reaching importance. We om here do nol feel the general disturbance this matter is causing at home where the people are suffering from "6scalitis"; but coming upon the worries and tria's of South African warfare we are proud to feel that as Englishmen there i still amongst us a vigour of thought and strenuousness of purpose in spite of the pessimistic utterances would appear to regard every other nation better than their own. And whatever our opi nivas we cannot fail but to regard with pride the indomitableness and vigour shown by him who has thrown position to the winds in order than he may awaken ile nation to a sense of what he considers the dangers of the present situation. (Applause) One is sickened at the foul depth to which party hatted will drag the
In matters of business, as in affairs of love, supposed intellectual and enlightened when theories are frequently useless in priclice and, lous of men, or that he has descended to the theater and lowest depth of political profligacy. As Cobden which may be shown by actual experience, the figures for later years. This The Fidgets of the German colonies in the.
of
some
who
said in 1843: "It is time to give up bandying the terms Whig and Tory and engage in a serious inquiry into the condition of the Cottntry."
Listen to what this experience has to tell us Here the speaker quoted statistics of the trade in Denmark, Peru, Mexico, the thilippine Islands, France, the Persian Gulf and other As the subject is perhaps dry, though important spheres of British trade where our portant, fel that you must all, by being here, have a deep interest in it. Consequently, I ask no pardon in not attempting to make my remarks elaborate and in submitting more particularly plain facts. Figures are difficul to deal with as arguments before a mesin 1897 £50,000 0, in 190, £62,003,000, and in
but it will be necessary to introduce them, and I have in any reading of the past few days fully realized the point of Funch's cartoon in which the words of Prince Arthur from Hamlet are put into the mouth of Mr. Balfour--
"Oh, doar Ophelia, I am ill at these
: numbers.
|
influence is decreasing ] He continued :—And what are protected countries doing? Germany sent to the British Eniphe in 1897 40.070,000, in 1900 £13,000 000, and in 1902 £58,000,0:0, Le, un increase of 18 millions in five years. Germany imported from the British Empire in
1905 € 52,0:0,00%, 14, an increase of two mil.
ions in five years.
Other Public Works Fardcipation in building houses for officers... Fortifications........... Flanting forests...cerves Lighthouses, Buoys
3,473,000 1,900,000 3-400,000 3,368,7484345,316 4.959,239
1,784,000 1,934,000 2,105,000
100,000 200,000 B0,000 106,000 509,900
40,000
700,00
100,000
45.000 800,000
75,000
49,000 1,500,000 7,500,000 460,900
220,000
Electric Works
Herve funds Extraordinary expolines, M. Permanent expenses 5,361,748 3.343.326 4,959.330
Total Marks
New Guinea, Carolines, Ma
rianaca
and Palan Islands................... SABA
7,697,000 7.476,000 7:375,000 91558 60,054 60.684
1903
907,500 8$2,500 722,000 168,400 377,65
..
235.450 250,000
COMMERCIAL.
PUNJOMS.
395,000 170,400
• Shanghai advices datext 30th ult. report Fires at $87) at ex: 718 to Hongkong. Maats. business done:Indo-Chinas at Tls, 56, China choppijs at Tls. 3071/310 cash, Tls. 311) for December, and Tis. 325 for March. Shanghai Tis. 67. Mercury at Tla. 55. cum div. Telephones at
;་
TODAY'S EXCHANGE,
IN LONI Y, Telegraphic Transk
Rank Bills, on demand. 18 13/16 Credits, 4 months' sight,9 3/16 D'nients 4 months' sight... 119 5/16 BERLIN, (demand)
3771 IN PARIS, Bank Bills, on demand.....2.18 Credits, 4 months' sight......2.211 IN NEW YORK, Bank Bills, on demand...42 Credits, 30 days' sight .42) IN BOMBAY, Telegraphic Transfer.........1284|
On demand
IN SHANGHAI, Telegraphic Transfer......
Private jo days' sight ........... IN YOKOHAMA, T.T. Sovereigns, Bank's Boyang Rate...... Sotti Leaf 100 touch, per tael. Bar Süver
OPIUM QUOTATIONS,
To-day's quotations are as follows :- WALWA NEW,
LAST YEAR. OLDEST
BENARES NEW PERSIAN (PAPER)
PATNA NEW....
..nom.
$11.00 ..60.00 26)
Per chest
@ 900/960
@ 1,000/1,060
@ 1,080/1,120
1,160
1,160
800/850
Co-day's Advertisements.
VICTORIA REGATTA, 1903.
Close TO-DAY, the 4th instant, at NTRIES for the forthcoming REGATTA P.M. sharp. Entries for the Light Gigs, Men-of-war Cutters, Gigs and Whalers, will be Post Entries.
HAROLD C. AUSTEN, Actg. Hon. Secretary, V. R. C. Hongkong, 4th December, 1903. +14430 CHATRE'S NEW INDIAN CIRCUS.
Patronised by H. M. the Empress Dowager and other Royalty of China. CHANGE OF PROGRAMME,
LAST TWO NIGHTS PERFORMANCES, TO-NIGHT and 10-MORROW, AND
AFTERNOON PERFORMANCE, en SATURDAY, at 3 P., Children half-price for the Matince only, HARRY CENTO the Favourite Clown.
In a CIRCUS TENT NEAR CENTRAL MARKET,
March
To-day's Advertisements.
HONGKONG HOTEL
BAND PROGRAMME,
Coronation"...Saint Ged Overture "Nell Gwyn"...... Ger Selection "Kitty Grey".........Monck Cornet Solo
"Canzone di? Valdire: W
Taormina "S Selection." Reminiscences of England" Godi Valtz........... Sourite d'Avril ** De Intermezzo......." Phryne"..
H
GOD SAVE THE KING.
L
MENU.
Egga'a la Russe.
Mock Turile Soup
Scalloped Fish.
Braised Chicken a la Milanaise. Lamb Cutlets a la Westmorland. Salmi of Hare and Mushrooms. Lobster Curry,
Roast Sirloin of Beef and Horse radish. Roast Wild Duck and Red Currant Jell
Boiled Ham a la, Jardiniere. Artichoke Salad.
"Baked Coffee Custard Pudding.
Lemon Water fee
Cherry Tartlets.
Tipsy Cake.
Hongkong, 4th December, 1903.
THE HONGENG NURSING INSTITUTION.
(145
place in the City FALL, ON TUESDAY,
Funds of the above Institution will ta SUBSCRIPTION DANCE in aid of t
12th January, 1904.
Mrs. C. W. DICKSON at Messrs. JARDIN TICKETS ($5 each) may be obtained fro MATHESON & Co., ur from any of the Membe of the Committee.
K. GOODMAN,
Hon. Secreta Hongkong, 4th December, 1903. [145 REGULAR STEAMSHIP SERVIC TO NEW YORK,
VIA PORTS AND SUEZ CANAL (With Liberty to call at PHILIPPINE PORTS) PROPOSED SAILINGS FROM HONGKONG.
1903.
"ORONO" "LOWTHER CASTLE' "SIKH"
"SAGAMI" "LENNOX" "AFRIDI "
About ......10th Dec. .........15th Dec.
...24th Dec. ............................... 5th Jan, [141144034............................15th Jan.
.......................................27th Jan.
MENAGERIE of highly-trained animals, For Freight and further Information, appi
10:38.
including LIONS, TIGERS, ELEPHANTS, &c., &c] MARVELLOUS GYMNASTIC EXERCISES. WONDERFUL ACTS IN BAREBACK RIDING, RUSSIAN SINGING AND DANCING. Particulars from the Expresses. Tickets can be obtained from
H. RUTTONJEE,
5. D'Aguilar Street, Hongkong, and 37 & 38, Elgin Road, Kowloon.
VĀSU ANNA, 'Manager.--
HONGKONG RIVE RESOUR
ASSOCIATION 2. NAVAL RANGE STAFF.
TH
[HIS MATCH will be fired TO-MORROW, over the 200, 500 and Goo yards Ranges, commencing al 2 P.M. The following will form the Association Team:-
Messrs. R. LAPSLEY, J. PARKER, W. PITT, J. PIDGEON, A. WATSON, R. STEWART, Sergt. THORNHILL, Cerpl. ANGUS, Sappers ROBERT.
Hongkong, 4th December, 1903.
COMPAGNIE DES MESSAGERIES MARITIMES.
forms us that the result of the November
The Secretary of the Punjom Mining Co. inson and MACEWEN.
crushing at the Panjom Mines, as received by wire, is as follows: gootons of Swah ore yielded 72 ounces of smelled gold, estim ted value being $3,000. Mill working again, plenty of water.
TO-DAY'S INTELLIGENCE.
The stormant condition of the STOCK EX-
ΟΝ
PAQUENOTS-POSTE FRANCAIS,
NOTICE,
ALSO
[45
AN TUESDAY, the 15th December, 1903, at M., the Company's Steamship ARMAND BEHIC" Laptain Flandin, with Mails, Passengers, Specio and Cargo will leave this Fort for MARSEILLES, via Ports of Call, WITHOUT TRANSHIPMENT,
the Australian Line 5.5. Nera bound fo
This Steamer connects at COLOMBO with MARSEILLES vid BOMBAY and ADEN,
Cargo and Specie will be registered for Lon don as well as for Marseilles, and accepted in transit through Marseilles for the principal) places of Europe.
the outcome of our being sé large a cus tomer that other countries get the surplus cheaper. What is the alternative?. Why to grow our own corn, and if we have any patriotism at all, we will see to it that our Inyal brethren in Canada shall receive our willing support (loud cheers). It is not only a reasonable but a domestic affair. (Loud applause). She has appealed to us as a child to her father; she has given us in a few years other channels (repeated cheers) However, 44,000,000 worth of trade which was going into
I must not weary you much further myself, but to Cobdenites I should like to make one Take our position in pig-iron-iron is acknow.
or two statements. In his time the trade of ledged to be one of ur chief minerals and England, on comparative tables, was enormous, sources of industrial strength. In 1871-75-Ger-
we were facile princrfis in the world, but under many produced 1,949.000 tons, the U. K. present altered conditions, as I premised, we I have not art to rekon."
6,458,000; in 1891-93 the respective production do not know what even Cobden might say. He
STEAM FOR Now this question of fiscal policy is really
was 5,081,000 tons and 7,241,000 tons. In practically worked on these ax.oms, which 1
SAIGON, SINGAPORE, BATAVIA COLOMBO,PONDICHERRY, CALCUTTA, nn new affär. Mr. Chamberlain's so-called 1871-75 Germany produced 5,262,000 tons of quote from his speeches - England is and CHANGE is exhibiting healthy signs of an early
BOMBAY, ADEN, DJIBOUTI, EGYFI, new departure is in reality the result of a long more, the U. K. 15,832,500 and in 1891-95 always will remain the workshop of the world." revival into activity brought about, not by haz MARSEILLES, MEDITERRANEAN ANI course of development. The Colonies have the respective production of the two nations were
"There will not be a tariff in Europe that will ardous speculation, but by solid investors. The
BLACK SEA PORTS, LONDON, beeu crying nut for years to a deaf parent, but 41,679,"co tons and 12,055,000 tons. It is not
not be changed, in less than five years, to inquiry within the past week is mainly from
HAVRE, BORDEAUX; the importunities of affection are winning the surprising to read that opinion on the Continent follow our example," "From the first 1 have sourc s which consider that the stringency in PORTS or BRAZIL AND RIVER PLAT., day, and the melanch ly prophesies of some that appears to be generally hostile to the new pro- always entertained and expressed the convic the money market is now over and that the the Colonies, as their wealth and production posals (loud applause). What the position that fee trade far from permanently injur turning in the long lane of stagnation has at inc-ease, wouki drift fünther from the Mother-tion with regard to our colonies? In 1890 they ing the farmers would ultimately tend to their last been reached. The rise in Consols to Sq country are now no longer regarded as sane. tonk from us in imports £110,000,000, in 190 prosperity and independence." How much of as wired out gives a better outlook in the Lon Let us not worship the idal of Free-Trade, (or so- £116,000,000, a development certainly, but a prophet was he in his own country? Put by dn market, and the strengthent g in the finan called Free Trade as Iersonally do not admit their trade with foreign countries in a simi- the side of this Bismarck's minute in Council: cial one at home shews its reflex out here. that we have Free-Tride), but confess that it far period has increated from £51,000,000 to Decline in Germany's prosperity began The recovery from 864 (the lowest point is pus ille cih umstances have so far changed 89,000,000. We had 45 per cent of the im- when the fiscal pabey was altered in the directouched) to 89 is a distinctly hopeful feature in the working of the world that old-established port trade of Canada, in 1872-81, which has de- tion of Free-trade." And what really are the in the market. Contrary to expectations, Bank thenties may no longer apply, and that it clined in the period 1892-1901 to 26 5 per cent, proposals before the country 7 Free-Traders interest in London has not been used to behoves us to adjust means to ends-Tempori | In the case of Australasia a decline from so should think they would appeal most
five per cent., bat remains at the old rate of mutentur, el us mutamu- in illis. Che per cent to 40 per cent has taken place, forcibly. What do we see? England and four. This is considered helpful to the Ex.. is struck at times in perusing iterature The U... however, have increased the r busiv her colonies at war, bitterly fighting on econd change. on the subject by the repetition of inere ness with Canada from 41 per cent 10 51 permic questions. And what is proposed? Why, formulas. H.re we, should., say:-No can
cent and Australasia fem one millia in why, that all that profess to call themselves Britishers shall join hands in forming a column chanejer, blongo custom" (laughter), 1881 to seven, mullions in 1901. These are and its ems as though China was being only one of two cases taken from a,num. of mutual defence and support (loud cheers). written about when it is complained that men ber, but from the figures all round we cannot
How naturally the outcome of affection! How are sticking to philosophies having application evade the consequent cocclusion that the damping and disintegrating the present! li of circumstances totally different from those trade of protected countries, in the last twenty will be contended that the matter is too great which we are now called' upon to face. Let years, has increased considerably, whilst and complex to be dealt with. What is too It not be said of us that loose generalisation our own has been scarcely maintained and is difficult for Fnglishmen? (loud applause). The and catchy phra es have an almost irea-istib'e some instances decreased. Foreigners are in German States established their Zoliverien ; influence over us. There is no heresy in invading our domestic hearth. Our proportionate the American States became united; Australia quiry and we cannot say what Adam, Smith, | sbare of trade of the Empire is declining and it has become a Commonwealth where once Ricardo, John Stuart Mill, Bright, or Cobden present tendencies continue unchecked a policy each section of the country fought with hatred might advocate at the present day. We can of commercial separation will be forced upon and jealousy of the other, and the present dis- say that they would consider inquiry helpful in the colonies by the slow but spre operation turbance is the movement of the waters out of either more completely hearing out existing of economic forces. (Loud applause) We❘ which shall come an Empire-Free! If all the theories or in suggesting others. And can it be boast, of the unique position of Lanenshire, world cannot be free, then England and her ssid inquiry is neressary? Have we not as a but here our trade is being undermined, Colonies shall be free (Loud Applaust.). nation forged ahead in the last so years? Has Germany imported 159,000,0co, kilogrammes Brother shall no longer contend against brother. not the wealth of England increased by leaps of raw cotton in 1884-86 and 280,000,000 So diadic a change, takes time, but a foïce and bounds?. All since the establishment of kilogrammes in 1896-98. Italy, Holland, which cannot be stayed as its basis is affection: 10 Free Trade. But has ti e development taken Swizerland, Greece, Sweden, Spain and will matuse it. In the words of Donald Curtle place on account of Free Trade or in spite of Belgium ali increased their importations of Time will develop this problem and unite us it? There seems to me something in beth raw cotton and we are so dependent upon the more and more. A common sympathy and points. Free Trade assisted us at first United States that any attempt to corner the loyalty, a thorough union of feeling and of when we were the only nation controlling market there paralyses us at one of our so interest will be developed and some day in the world's commerce. I am a free-trader in called most powerful industries Apart From jaint and cohesive or even Federal linking the principle and should advocate Free Trade this there are indications that America will British Empire will exhibit the solid strength now if the circumstances were as then. It was shortly have nothing to export for she used con- of an organized force and power such as the to all intents and purposes Universal Free Trade siderably more than ga per cent in 1876 of the world has not yet seen.
Locally, the week's quotations close as ful lows, revealing a satisfactory Improvement áll round:
Banks, ... Nationals Unions....... China Traders
... £675
$ 30 b
$400 5.
$619.
Hongkong Fires
...*$315 5.
China Fires
$90 s.
-HK., C. & M. Steamboat...
5 32 b.
Indo-Chinas
$ 76 b.
b.
$18 b.
Douglases
Star Ferries
» now... Shell Transports China Sugars
H. & W Docks... Kowloon Wharves Farnhams Hongkong Lands West Points Hongkong Hotels Humphreys Estates... A. S. Watsons Hongkong Electrics
Ghing Providents,
Powolls
3/6 $105 1. $:06 5. $9 b Tls. 127 ....$ 15
... $525. i... $146.
... 5 sa, and b," (ex. div.
5147
s. and sa
6 fosa and b
19:350p
7.25 sa.and b
Shipping Orders will be granted till Noon: enly on MONDAY, the 14th instant, Specis and Parcels received until 4 P.M. on the same day, No Cargo will be received on board on TUESDAY.
Parcels are not to be sent on board, they must be left at the Agency's Office. Contents and Value of Packages are required."
For further Particulars, apply at the Com pany's Office.
G. DE CHAMPEAUX, Agent, Hongkong, 4th December, 1993. * (1004
to
DODWELL & Co., LIMITED, Agents. Hongkong, 4th December, 1903,
Intimation.
THE POPULAR
SCOTCH
IS
"BLACK&WHITE
1330
JAMES BUCHANAN & CO. SCOTCH WHISKY” “DISTILLERS,
By Appointment toi, EM. THE KING
and
HRH the PRINCE of WALES
Supplied at all the LEADING CLUB and HOTELS, and to be obtained fro LANE, CRAWFORD & CO, Queen's Ros Central.
1642
EYESIGHT.
MR. N. LAZARUS
May be personally consulted for STECKACUPS,
No charge for testing
Glasses and frames of all yes.
and qualities.
Prices from $2 upwards.
16, QUEEN'S ROAD, CENTRAL
Hongkong, 6th November, 1901,
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