1905-09-30 — Page 7

STRAITS CURRENCY:

THE RATE OF EXCHANGE.

THE HONGKONG TELEGRAPH, SATURDAY, SEPTEMBER 30, 1905.

inpported by siker persons who have practical experience of the country, we consider that the risk of its failure owing to the possible suspicion and opposition on the part of the general native In the course of his address to members of population is a great it to the evidence be- You will observe Sir David Barbour's com- the Singapore Chamber of Commerce, at the fore us we cannot recommend its adoption. half-yearly meeting on the sand, the chairman, mittee was afaid that the note issue proposed in that conclusion a con. that Mr W. H. Shelford alluded to the currency would not be readily accepted. I think I am of persons hare, qualified to question which had lately occupied the minds safe in saying

siderable number of

We have had recently of them all. He said:-The rate of exchange

before us a very interesting memorandum by with gold standard countries with whom the judge, do not agree, bulk of our business is now conducted, has of Mr. Huttenback the main purport of which is late advanced so continuously that trade basin support of this Chamber's "original, sugges

to adopt in order to secure stability. gecerally been seriously Inconvenienced- tion, and some such plan may yet be the one for the time at any rate, Such fluctuation have always had this effect, and it was with a view to obtaining stability and getting rid of these fluctuations that after much discussion and deliberation the present currency scheme was embarked upon. You are all familiar with the schame. We reached a year ago, the a cond stage in the scheme which is thus des cribed by Sir David Barbour-

59. When the currency is so largely.com. posed of the new dollars as to justify the measure, the Mexican and British dollars should be finally demonetized and the Straits lo position Settlements would then be in the which India was when the change of standard was undertaken in that country, with, however, the very important advantage that there would not be an enormous, proportion of the new coins either hoarded or circulating in foreign countries which might, by being thrown into circulation, indefinitely delay the establishment of the gold standard.

60. After the Straits Settlements had arrived At this stage, the procedure might be exactly the same as it was in the case of India, i.e

The position just now is that we are all com mitted to a certain policy-whether for good or ill remains to be seen, It is a policy that essentially demands patience and I daresay it ful in its issue the gain will repay u. To call may entail some ascrifice But if it is success

Abandon it and that policy in question now

in midstream will not in the hoises To change

pinion of your committee be prudent. At present it appears to us that there is no alter native but to wait patiently and watch events, We see nothing to gain by harassing Govern- ment at the present limo,

EMALL COINAGE,

|

We have however found it necessary to ap proach Government with respect to the state of the subsidiary coinage, as to which several complaints have been received by us. This colage has in the, past been issued freely in ccordance with demand as it arose, and it has evidently been widely distributed on the oul- ports and in China. When our exchange went up these coins naturally found their way back

have in consequence been in excess of our requirements. It has been represented to us that natives have passed these on European not legal tender over $1 many persons appene to have been content to get payment of their tlebts in this form for fear they did not get it in the coins again. any, and they have not been able to get rid of

Departures. Sept. 30 Sungkiang, for Manila. Lowther Castle, for Shanghai. Caithness, for Koba. Seneca, for Singapore. Andris Rickmers, far Hoihow..

Marax, for Swatłow. Helens, for Hoihow. Loongmoon, for Shanghai. Lydia, for Chinking. Yang, for Manila. Amigo, for Haiphong.

TOMORROW.

St. Peter's-Beamen's Church.. Queen's Road, West.". Moming Prayer 11 am, Venile, Goodson; Te Deum, Hawes Benedictus, Jubilate, Camidge:] Hymns, 4, 320, 516 and a23. Kyrie, Schubert. Holy Communion 12.15 p.m. Evening Prayer 6.30 p.m. Magnificat, Gregory, Cantate; None Dimittis, Turle: Hymns, 13, 311, 254 and 240)

Police

Deus

The Church launch Dayspring will call on ships carrying white crews to bring friends ashore to the services between 9.15 and

Pier, 10.30 and 6 p.m.): retorning after. and, and between 3.15 and 6 pin, (Kowloon wards, The Answering Pappant is the Call ed. Visitors welcome, Books, &c. provided.

Sunday school 10 to 10.45.8.m. Nye. All the sittings are free and unappropriat

Passengera arrived. Per Teay, from Manila-Mra. Millar child, Mrs. E. Hall, Messrs. Di Sth, Lent, Jules Ruppier, Joaquin Villa, N. Krall, Blaselt, N. W. Jenkins, Gearge 1. Frost,

Per Lesso, from Bangkok-Mr. Hudson. Quin Tic, Manuel Javier, and 60 Chinese,

Par Segovia, from Singapore-150 Chinese..

Shipping Report.

Sir. Proteus from Tamani-Strong ENE. and E, winds, with heavy sea.

Sir. Madeleine - Rickmers "from" "Bangkok - On 28th instant 80 m. 8. of Hongkong met typhoon,

Str. Tear from Manilat-Brisk monsoon, clear fine weather, and heavy SW, swell,

Bir. Tinizin from Moji-Experienced light to moderate NE'ly winds, favourable currents, and fine weather generally,

Vesiels in Port.

ESTRANXK,

-Moji 13th Sept, Ballast.-H. A. L. Arrateon Apcar, Br. s. 2,931, E. Fey, asth

Batavia, Samarang, Sourabaya and Macadear Per Timali, 7th Uct, 10 A.M. LIPAN Manila-Per Zajtro, 7th Octy to AM...... Europe at India, via TuzoruƐer Nubia, 7th Oct. 11 A M......

Singapore, Penang and Kutsang, 10th Oct., a P.M.

Kurope, Aci, India, via Rayers, 11th Oct., 11 A.M.

Singapore, Panang and Bombay-Per Capri, 12th Oct,

AM

Calcutta

Aucott, E, F Seat Ad

PRAR

— #alli, hf. P.

Per

Tuticorin- Par

Boggan, Mr. and Mr Rourchein, Mr. & Mrs. Boyd, Capt. and Mrs. Brown, D. E.

Chichester, Maj. A. A. Clothier, A. N.

Darling, Col

Manila-Per Rubi, 14th Oct., 11 A‚M,

VISITORS AT THE HOTELS..

Cocks, Mr. & Mrs. A.E.

Mt. Dixon,Mr and Mrs. Duncan,

ck. Lieut. A dwards, Me and Mrs.

Lay, Mrs.

Loudar

M

Macfarlane, Dr and

Mrk, Machle, Mr. and Mrs. Maddaford, Ne Wirtin. RAN

Meler, Mr. and Mrs. Mitchell, R

Musile, E O'Neil, J. L. Hugh

Pence, M

Parry, Major

Major

MER

Pollock, O., Mr.

Номокона.

Hurst, N Engineer

Capt.

Fuller, Mr. Gales, Capt.

Sawer, Capt. and Mrs.

Mr.T.

b. Mr. and -

Aabmead, P. H. Bell, R., Lient, H. F. Iboleon, Mrs. 14 Bingham, Mr. & Mrs.

1. E. and child Battiscombe, H. G.

Roman Catholic Cathedral:Mais at 6am Birbeck, R. Ja

LC.

7 am 8 am, and 9.30 am.. Benedict. 5.

5.30 p.m.

German Bethesda Chapel, West Point -|

Morning Service, 11 Rūmė

S.

C

Bissel, 8.

Mr. J. A. F. E. A

St. Franals' Church, Wanchai:+Mata(CA{N}+\BEG

6 am. (Pori.). 7.30 am. Benediction,

... $ putti

St. Joseph's Churah, Garden Road :-Morning Broughall, L

Service (English), 9 a,m.

St. Anthony's Chapal, West Point:-Mass. Uzion Church-Services, 11 am,, and 6'p.m.

a.m.

Post Office.

A Mail will olove for :- Swatow, Tsintau, Weihaiwai; Cheloo and Tientsin-Per Chikli, 1st Det., & A.M.

Nagasaki, Moji, Kobe, Yokohama, Victoria,

children and mald Johannsen, Edm.

Kerr, F.

Laing, A. H. Large,

LAVATT Lewis,

B. J. C. C. H. A.

D.

MacLenaLn, C E.

Bunner,

Mr. and Mrs. Marrioty W.C.

Carter, W. L Chalkley, H. F Chalmers, Dr. G.

Clark, Hon. Dr. Francis

Lt.

Clark, Mrs. Francis Clark, M. Clark, T Clarke, Mrs. T. W. Clarke, T. W. Clegg, R.H., Eng. and Mrs, H. 1."

Clemencon, Mrs. Copp, Capt. and Mrs.

Miss Ada Copp, Coulthan, J.

A. Cruickshank, Cunningham, G. Davies, F. O.

after sufficient Straits dollars had been coined houses in payment of their debts, and though Arcadia, Gan. k., 5,454, G. Schmidt, 19th Sept B.C, Vancouver,, Seattle and Tacoma, Wash. Clemencon. Mr. to meet the requirements of business in the Calony and the adjoining Stater, the coinage of dollars would cease until the exchange value of the dollar had reached whatever value in relation 13,the sovereign might be decided on by the Government as the future value of the Straits dollar. After this singe is reached the Straits Government would issue the new the fixed dollars in exchange for gold, and at

rate:

The ultimate rate of exchange which it is desired to establish has not yet been declared, and in that respect the scheme materially dif fers from that of the Indian Government. It must however he recognized that the difficulties in the way of Government declaring a rale have been considerable, and the condition vary from those prevailing, when the Indian mints were closed to free coinage of rupees. Instead of

silver "market we have had a steadily falling rising market Exchange has naturally ad y people vanced with it. The 2 rate which many hoped to see established was reached some time ago, without as far as i can ascertain any contraction of currency having taken place indeed it has not had time to take place--such as required to bring the value of our dollar up to a sufficiently high level above silver parity to enable a rate to be safely declared demand rate of exchange London is only about 3 per cent, above allver and has not I think exceeded 5 per cent. during the last six good deal months, and it has been often a lower. When we talked of a 2/. dollar our ex change had sunk to 1/2 and even lower and there seemed no end to the fall., But we are now well over aff. It is not to be expected that Government would fix a rate below silver that is to say coin dollars at a loss. If a rate is to be fixed now that will be a safe rats it will have, in order to follow. Sir David fiarbour's ideas and the indian plan, to be a rale con present ruling. siderably higher than that On the other hand if we wait we may possibly so a decline in silver which will make the 2- rate a safe one and one we shall be glad to secure,

10

If

to

it

There is, however, no doubt that some in- convenience has been caused to the trade of the Colony by the excessive circulation of thess coint and your Committes considered il was only right to ask Government, who had made a large profit in coining them, to under take the expense of calling them in. So far the only steps taken by Cavernment have been the recall of a small quantity menibly through the Oplum Farm and the stoppage of further issue. A suggestion made, by them. to raise the legal tender from $8 to $80 did not appear to us calculated to afford relief.

WINDMILLS FOR CHINA.

U. S. Consul Anderson at Amoy, China, re- ports an oppotiunity to introduce windmills and rice hullers in that vicinity where rice is extensively raised bus without the aid of labour. Baving machinery. Here rice is hulled in the ancient way by a coolie who beats the hulls from the rice in a large mortar with a padded maul. Some of the larger rice establishments use a beating contrivance in which the maul la at one end of a beam which the cuole works with his feet and weight, hulling about 150 prunds per day. In the French possessions south China, windmills have been introduced la operate rice hulling devices and they will would be favoured by the steady winds. Here doubiless soon be in use in Amoy where they windmills could also be put into use for raising the water with which the rice fields are flooded,

of

Sept, Calculia 9th Sept Penang and Singapore zoth, Gen.-D. S. & Co., Ld. Bomen, Ger..., 1,344, F. Sembill, 25th Sept.,, -Sandakan 21st Sept., Timber and Gen. -M. & Co.

Bourbon, Fr., 977. Ch. Sisco, 7th Sept.,-

Shigon 3rd Sept., Gen.--We Fat. Carl Menzell, Ger ss., 984, G. Command, 23rd Sept.-oji 18th Sept., Coal, E. A. T. Co.

Ballast.-C. C. S Clavering, Br. ... 2,154, D. Barton, 6th Sept.,

Salina Cruz 31st Aug S. Co.

-Dunherkue 21st Aug, Railway Iron, Order Empress of China, 'Br. s. 3,046, R. Archibald, R.N., 26th Sept.,Vancouver, B.C., 4th Sept, and Shanghai 24th, Mails and Gen.

Co, E. P.R.C

Cranley, Br. 4.5.3,954. W. E. Steele, 29th Sept.,

N

"

Per Tydews, and Oct., 9 A.M, Shangbai, Nagasaki, Kolz, Yokohama and San Francisco-Per Siberia, and Oct.. 11 AM,

Swalow Amoy and Foochow Per Halmun, Haiphong-Per Sigwal, and Oct., 5 P.M. 2nd Oct, 5 P.M.

100t / Isa con b Patrine, NC. Polynesien, 3rd Oct., 13 A.M.

Singapore, Penang and Calcutta -.Per Shanghai-Per Kwongsang, 3rd Oct., 2. P.M. Arralson Apear, 3rd Oct., 2 P.M.

Manila Per Tean, 3rd Oct., 3 P.M. Manila, Timor, Port Darwin, Thursday Island Cooktown, Caims, Townsville, Bris-

Sydney,

hey, Hobart, Launceston, New Zea-

11 AM; land. Welbourne, Adelaide and Perth Per

Australian, 4th Oct

Singapore, Sourabaya

baya and Samarang-Per Fishing, 4th Oct. 27.M.

KAME

་་

W. B. nich,

W.

•Miller, PO

Moon, Mr. & Mrs. R. M. Moore, Dr. W. B. A. Morrison, Mr. Newington, A. G. Oliffe, O.C. Packer,

B. L

Pan, Parfit, W.

F. N. Le

Paley, Mrs. E. O. WA

Mr. and Mrs.

T. L. Pfordien, A. R.

Pless, H.. Powell, W. A. Price, Mrs. P. M. Reel, Dr. L R. Rinderknecht, H. T.

Mrs. J. S..and Rod Schellema, D. Schweitzer, A. M.:

Doolittle, F. H, Donglas, Capt. & Mrs. Dowley, Mrs. W. A. Downing, Mr. T. C. Evan-Jones, Dr. and Shea, J. J...

Mr. E.

J. Schweitzer, M.

Scott, J. Gray

ott, Mrs. J. G. Scoll

Freeman, J. G. Fulion, Dr. W. Glover, G Grant, Gropp, Dr. F Grone,

Flecher, H.

TW..

Grone, Mrs. F.

Hall, Capt. T

Revolt (1o1 E. J.

Shanghai-Per Shno sing, 3th Oct., 3 P.M. Amoy, Shanghai, Nagasaki, Kobe, Yoko

Honolulu and San Francisco-Per hama. Br... 1,423, T. Arthur, 22nd Septfongolia, 6th Cot., A.M. Fodthings 12th Sept., Sugar.-1. M. & Co.

Swatow, Chefon and Tientsin-Per Worang. Harman, Mr. and Mrs.

Halt, B. G. Innes, Capt. R.. -Foochow 20th Sept., Amoy 27th, and 6th Oct, 11 A.M.

Manila-Per Loongsang, 6th Oct.. 3 P.M. Swatow 28th, Gen.DL. & Co.

HIS BRITANNIC MAJESTY'S Hailan, Br. s., 183, 1. 5. Roach, 29th Sept,

Sept, Singapore 23rd Sep., GoD.- Hongmoh, Br. 5., 2.554. Wm. Dawson, 28th

Chinese. Katherine Park, Br. ., 8,075, W., H. Copp. 21st Sept.,--Durban 21st Aug, Gen.-G., L&Co.

Bangkok 16th Sept., Rice, and Wood. Machew, Ger. ss. 1,000, H. Harjes, 26th Sept.,

26th Sept.-Weibalwei 21st Sept, Ballast. -Admiralty. Mercedes, Br. transport, 2,900, J. S. Macgregor,

Cadmus Sepl

Francisco 26th Aug, Honolulu Yokohama, 14th, Kobe 16th, Cherch Mongolis, Am. 1., 8,710, W. P. S. Porter, 25th Ronaventure

Dindem Nagasaki 19th, and Shanghai 23rd, Mails Clio and Gen.-P. M. S. S. Co. -San Francisco and Ports 16th Aug. Erne Siberia, Am, ... 5,655, J. T. Smith, 12th Sept., Dee

Mails and Gen.-P. M. S. S. Co.. Signal, Ger, s., 907, A. Bendixen, 29th Sept., -Deli 19th Sept., and Swatow 38th, Ballast.-J. & Co.

་

Andromeda

Alacrity

Arun Astrara

Ellrick

Ext

Fanie Flora ...

Hart

Handy

-Saigon 22nd Sept., Gen.-B. & Co. Taishan, Br. 5.8., 1,121, J. T. Laing, 27th Sept.,

Sept.-Liverpool via Ports 20th. Aug., Hogue... Iphigenia Gen.--B. & S. Tydeus, Br. s.6, 4,799, M. H. F. Jackson, 29th Hecla... wik, Ger. 8.8, 2.900, H. Carstens, 25th Sept.,ichen...

'Moji arst Sept., Coal.--), & Co.

SAILING VABAKLA,

27th Aug,-Haiphong 23rd Aug., Ballast. Robin...

Sandpiper... Churchill, Am. 4-masted sch., 600, Huffman, Rambler

Master.

boat destroyer

torpedo boat destroyer lorpedo boat destroyer .... cruiser, and clays

inrpedo bost destroyer

torpedo

boat destroyer service torpedo-v...

cruiser, 1st

bost destroyers)

river gunboat

river gunboat

Stein,

Taylor

0.

Mr. and Mrs

Wakefield, Mr. and

Min

Watkins, Miss E. Whitlow, A. W.

Whitton, Mrs., child

and infant

B. Brotherten

Col.

Hareland, F.A. Halaguan, A.

W. H. Howard, Hudig, D Jeffries, 11. U.

Johnson, Rev.

VED

Mr.

W von

Vereker, Capt.

Mrs.

Up, Gordos

Whits, Dr. M. Į Wilford, F.C.

Toseph, Mr. and Mrs... Witt, Major Kelsall, Major & Mrs.

Idams, F. R. J. Barnett, H. J.O. Brown, C. A

Dann, G. H.

Fairchild, H. J.

Frost, B. L.

CRAIGIEBURN, **

Ginakell, Mr. and Ms.

Jameson, P. 5.

Nicholls, E. A Smith, E. Grot

Smith, Mr. and Mrs.

Grant *Smith, Percy

Webb, Mr. and Mrs.

Montague

Wilson, Dr. Newall

Marchaat, Capt. and Young, J; Ashton

Mrs, and children

Anderson, C. Brutenbach, G. Caspersen, S. (handler, F. Fischer, Ch. Gaisler, Max.

Gorcke, Mr.

Gulriet, P. Hales, G. L

OCCIDENTAL.

Kampjard, Mrs. G. and

child Key, Dr. H.

Hall, J. S. Leener, C. De

Brojever Temperature

***

Krill, G.

Lowe, Mr. and Mrs.". Lowe, Miss Sierie Munro, Miss A. Neubraun, J. Obme, A.

OE. B.

Pile, Mr. and Mrs. A.

G. and child, Swaby, Mr. and Mrs.

T. C.

KOWLOON.

PORTION, W.

Singapor Walhalwel

F. B. Noble...

Lieut-Commander J. Kiddle

C. E. Monro *****

Walfielwal

***Surveying (Labuan)

CallCommander Robert E. Vaughan. Went River

Lieut. Commander H. T. Aslay

Davidion Lieut.-Commander:

W. L. Grat....

West River

Sept. of a Sept. 19.kl

15..

30.09

Bọ.........

·Wright, Mr. & Mrs. T. | SHIPS ON THE CHINA STATION.

Humilitý kon Rainfall......

B6

0.11

CLASS

TONS. GUNB

I.H.P.

CAPTAIN,

LAST REPORTED AT

drepatch-kessel...

1,700

3,000

Commander Harbord

Waibalwel

cruiser. 11 class

+1,000

16

16,500

Captain R. Nelson Ommanney

Weihaiwal

torpedo boat destroyer

$30

6

7,000

Lieut. Commander R. H. Heaton

Weihalwai

ruiser, and class,

4.305

7.000

Captain Lionel G. Tufnell

Hangkong

cruiser and class

4,360

7,000

170

1,400

ust tank noi! tut

390

storp ...

1,070

cruiser. 1st class

11,00

16,500

11400

300

Captain H. H. Torlesse... Commander H. du C. Luard...

Commander H. D; Wilkin, D.B.O.

Weihaiwal

Yangture

Hongkong

Yangtixo

500

7,000

edo boat destroyer

550

7,000

(orpedo boat destroyer

560

7,000

7,000

Lieut. Commander Lowin A. F. Everett Commander

Captain H. W. Savory Lieet-Commander H. E. Suilvan Lieut-Commander Bather...

Weihaiwal

Weihaiwal

Weibsiwel

Weihaiwai

5.700

7,000

Lieut. Comniander Stevenson Captain H. Grant-Dalton

***

Walbsiwel

Weibniwal

4,000

4,000

2,400

Captain

Lleat. Commander H. B. Cox Lieut. Commander Richards...

***

class

12,00

21,000/

+

Captain

Shortland

E. F. Charlton

B.

... Hongkang

201

Welhalwa

Weibalwei

***

.་

cruiser, and class

7,000

7.000

Captain

B

torpedo

7,000

torpedo boat destroyer ...

1.900

Lieut. Commander C. Saymour ...... · Welfiniwel Lieut. Commander W. H. Darwall

**

Hongkong

Horgkang

Kinsha

river gunboat

1,200

Lieut-Commander E. V.F.R. Dugmore

Yangtze

Moorhen

river

Lieut-Commander

Hongkong

surveying vessel

torpedo dastroyar

river gunboat

140

Ex

340

140

Yangtze

topeda Lust destroya!...

250

Sulle

12,000

6,500 21,000

In

Hongkong

•Walhalwoi

***

Tama

Steamers-Expected..

Vassils

Açints From Saigon ...M. M....... Oct. Manila B. & 5...Oct. M. & Co Oct. Singapore

.....J. C. J. L ..Oct. Kobe Singapore C. & Co.... Oct. Singapore B. & S... Oct. Sydney...

...G., L., & Co Oct. Tapan. M. Co...Oct. 8 Vancouver C. P. R. CoOct. 10

Due

Teal Virago Waterwitch W bieg Widgeon... Woodcock.... Woodlark...

river gunboat.

ving ship •••

4.45

Bo

800

inrpedo boat destroyer

365

6,300

surveying ship...

620

..450

Commodore H. P. Williams .... Lieut. Commander E. Becretan.... Lieut. Commander Gregory... Commander R. W. Glennie

Hongkong

Yangtere

Weibalwei

Burveying (Swatow)

torpedo boat destroyer

360

*5,900

river gunboat

195

800

river gunboat

150

Weibalwei Yangtze Yangtere

river gunboat-

150

550

Yangtise

+

2

2

Flag Admiral Sir Gerard U, Noul, Commander-in-Chiel,

3

FRENCH MEN-OF-WAR ON THE CHINA STATION.

NAME,

FLAG AND DESCRIPTION.

TONS.

GUNE

H. P.

COMMANDING Officers.

LAST REPORTED AT

Acheron

10

1,700

Lieut. Ferret

500

Libat. Jeannel

150

150

Lieut. Huc

*** H

201

150

438

Lieut. Merveilleux du Vignaux ...

$500

1,000

Captain Allaire Lisatonan! L'Eout

the

140

Bais d'Along

Halphong

5.500

Commander Amet '...

H

Bale d'Along

Lieut. Mère

"

6,300

Liegt, 'Cotoni

***

303

Capt. Prat...

Hongkong

20,200

Capt. Ridouxi..

-

Lieut. Fortior

308

Lieut Corlouer

Balo d'Along Halphong

300

Commander Sagot-Davaoronx

2,200

Commander Simon

rer

5th Sept.-New York 14th June, Case Oil. | Takti

S: O. Co. Ecuador, Ger. 4-masted ship, 2,193, 0. Dick

mann, 2nd Sept-New York 19th May, Patrafine.-Order..

Amoy is one of the old open ports in China, certain classes of foreign and trade in goods is well established. In line with gener et policy among both Chinese and foreigners But in any care the scheme is to fix the rate

in the trade of the Far East, most firms con. by contraction of currency. Has that con

tinue to buy their supplies from the same whole- traction taken place yet? I doubt it. it had we shou'd surely be more than 3 per sale houses and the wholesale houses from cent, above silver. Now-contraction meant the same manufacturers of jobbers with which difficulties of all sorts in our business In they have been dealing-since their first trade Adopting the scheme we had to face this car was established. At the same time considerable can be done by Americans interested in pushing tainly and we have to face it still. It is not be supposed that a mere stroke of the pan is new American can goods as well as some going to give us stability of exchange. It is the older stable lines, and even correspondence obvious that the change proposed must cause may be successful in securing trade; alth ugh inconvenience and possibly hardship before becomes successful, it would therefore be in this, as in other respects, it need not be ex- ought to do until there is personal representa inexcusable to complain of such things occur. pected, that American trade will devent it ting now. It can only be the undue prolongation. Aside from what are known sa commis do both a wholesale and a tion of them that should affect our judgment of the scheme., lo India I think they had to wait Bion.houses in Amoy, most foreign firms and Combermen, Br. ship, 1,686, C. G. Dixenar, | Snipa ***

business. The commission houses some three years before they ultimately attained their many Chinese firms

and it was a period of some difficulty times have regular lines of goods which they object,

dispose of to Chinese through their compra which caused many to foretell disaster-but so

dores, but more often are open to all sorts of far disaster has not

come.

are constantly in There is, however, one point in which I think

nese dealers with whom our situation differs from the indian. In India propositions for the sale of goods to the Chi the export trade exceeded the import trade touch the bulk of foreign goods far. Amoy very considerably, so that a demand for come by way of Hongkong, the distributing

counted on. safely

polni for South China. Amoy itself is a distri rupees ultimately wAL

Oceanien With us imporis exceed exports, so that the buting point for a number of large Chinese demand for dollars and the contraction we cities in this vicinity like Chang-chew and

Chinchew, neither of which is an open post, i. Taiyuan.... want are not so clearly foreshadowed, If there be no demand and no contraction then wee, a port in which foreigners can establish Katsang. may expect the present scheme

consume considerable foreign goods, like flour, Capri.....

Kintuck .... position as a free emporium for the collection themselves, in business, but are places that Finan of goods and produce will receive a severe kerosene, and medicines.

ese cities can only be reached through Empire shock. Such considerations have I think been

The Anny firms or, in exceptional cases, through China...... present 10, many people before new. Bab-Commitice of this Chamber in its report Hongkong. For important lines of goods Athenian of 6th Novembent gold standard. It is this

advocated the adoption American manufactoicis can secure incal ChiPrinzess Alice.. Colombo... M. & Co... Oct. Fo

ese agents.. of so

an independent referred to by Sir David Barbour's com mittas:**

rculating

in

our to fall and

that pro

Shipping

Arrivals,

1

▪༢

DOOK RETURNS.'''

"

· HONGKONG AND WHAMPOA DOCKS, Blackheath market

Kowloor

Tientsin, Br. .., 3,950, F. E. Andrews, R.N.R. Feozbing ............... 19th Sept.-Maji 25th Sept., Gen.-P. & | Empress of China-` ... C. S. N. Co.

Ponape Proteus, Nor. 8., 1,024. N. C. Krabbe, igth Sept.-Tanul via Amoy and Swatow 18th Sept, Gan-0.5. K.

Baralong, Br. u., 2,661, G. D. Jenkins," 29th Sept.,-Shanghai 26th Sept, Gen.-N. Y. K.

#55. There are various methode which might be adopted for the establishment of An Independent gold standard in the Straits Set- tlements. The first which we wish to mention in that of which the leading identoriginated with a Sub-Committee of the Singapore Cham ber of Commerce, and is explained in s Re

Under port of 6th November, 1897. posal the Stralis Government would obtain

of small denominations, espe supply of sially of one-dollar poics. This supply would require to be amply sufficient to cover the and British dollars number of Mexican

the area of the Colony and the proposed to Malay tates in which it is establish the gold standard. The object of to obtaining these notes would be temporarily

them for the Mexican

and British substituto dollars as the currency of the country and later on to exchange these notes for coins, of a now currency special to the Straits and issued on a Kalping, Br. 1, 1,604, R. M. Macfarlane, goth gold basis. We have considered the detalls of Sept., London 17th Aug, Gan.—Japanese. the measures by which this could be carried Loosok, Got, 2., 1,020, G. Schulteen, joth Sept., Bengkak 20th Sept., Rice and Gen, for reasons given below, we do not out, but as,

B. & S. 146 our way to recommending the plan wo have not the

thought is necessary to include them Madeleine Rickmers, Ger. B, 1,120, Simon. this Report.

sen. 29th Sept., Bangkok 22nd Sept; Rice.-B. & S. If the procedure above ladicated could be successfully

in

ing a gold standard into the Straits Settlements would be solved in the speediest way, and solved In a form which would not impose any cost op the Government, But the question whether the general po ulation would quietly cates for cola throughout the country is oes in

accept

Tean, Br. B. 1.346, W. B. Brown, 3 th Sept. Manila 27th Sept, Gen-B, & S.. Segovia, Ger. L., 3,800, Schoenf ldt, 30th, Sept.,-Singapore 24th Sept, Gen.-H. A

L.

Clearance at the Harbour Office, Amiga, for Haiphong. Hallan, for Swatow, Machew, for Swatow, Chilli, for Swatow,

regard to which we feel great doubt. From da, for Chinklang.

yin kaws of India we bare noe blation

in saying that no such plan could have been er

Tansang, for Manila.

for Yokobama, could be adopted in that country, and although Baralong, for Blugapore, the proposal was made by a Sub-Committee of Proteus, for Swatow, the Singapore Chamber of Commerce and is - | Kaiping, for Yokohama.

Clavering

ATKUS... Avalanche.. Rock. Baionnelle...

Caronade .. Casse-tête

Comete

11

D'Assas Décidra

SHANGHAI.

23rd September.

Descartes ... Estoc

Terje Viken.......international..... Sept. 18. Francisque... •...

Guichen!...

Kores............

Satsuma.............Cosiopolitan, Viking wa Lianshing....... Lianshing m Tahuog Maru ......Tudkadoo, ..................

12. Jacquin

31

15

21.

447

"

14 Gueydon***

Old,

H

11. Henri

Rivitie

Now,

18.

11

Javelige Kersaint

22.

N

Lynx *** Montcalm Mousquet

Ships Passed The Cana].' Outward-12th September-Oceanien, BenPeiho alder, Dardanus, Glenlochy, Tiberins Kosong Pistoler

Protée... 5, 15th September-Poona, Lothian. h September-Annam, Rhasita, Prinness Alc Bachmana, Shadwell, 23rd September-Dar. Redoutabla...

Babre Styx callon, Altria, Benarty, Indrani, Salazie. 17th September-Himalaya, Inkula,

Homeward--15th September-Acilia, Calarprise chat. 20th September--Idomansur, Kannibic,

Takap,.. Japan. 23rd September Pring Bitel Fris rich, 27th September-Beumehr, Si, Huge, | Vauba

Vigilante Stanfor

Arrivals at Home-12th September--Sitke Ria, 15th September-Brisgavia, Noripol. 20th September-Alcides, Formosa, Palma. 33rd September~Ajax, Priny Heinrich, Syde May, 37th September-Telemachur,

...

clan

armoured gunbost river gunboat river gunboat river gunboat river

river

gunboat gunboat

armoured cruiser

cruiser...

river gunboat... destroyer ... destroyer.... protected cruiser Armoured cruiser Tiver

gunboat

river gun

gunboat destroyer cruiser. sub-marine... Armoured cruiser. destroyer

P

1

+14

river gunboat

4

sub-marina. battleship, reserva

191

RES, FERRERA, 5, 15

Lieut. Commander C. EL. Thomas... Lieut Commander G. B. Spicer Simson Lieut. Commander Hugh Somervilla... Lieut.Commander Joo. F. Knox...

19,600 0,300

Armbruster

Lient' Pml

Lieut, Grallier

191

Commodre C. P. M. Poidlage

He

***

Saigon Canton Haiphong Salzon

Saigon

Salgos

Gulf of Siam

Haiphong Haiphong Haiphong

Haiphong

Haiphong

Salgon Sulgon

Baie d'Along Bais d'Along

'Along

Lieut Lavissière

6,300

Lieut. Glorieux

6,071

Lieut. Labail

..

1,700

Capt. Duprier

atinoored cruiser gunboat

20,000 yoo

Capt. Galbertend

← ་ ་་་

Lieut. Raque

+

**

river gunbost

T

destroyer i

Capt, Terquem, m

battleship, reserve ...

river gupboat

4.360 500

* Hongay

Liant. Bruznon

1

77

יוי.

•Flagship of Vice-Admiral Richard, Commander-in,Chief,

1 Flagship of Rear-Admiral de Fanque de ¡ynquibras, Second»\s+\

Bard

Bale d'Alang

Alony

Upper Yangise Saigon

Canton