1908-03-09 — Page 4

Intimation.

THE HONGKONG TELEGRAPH MONDAY MARCH 9, 1908,

cumstances is not surprising, especially when we recall the various projects which the march of events has brought in its train. Many of these schemes have proved abortive, some have been realised and there are others yet A. S. WATSON & CO., in the chrysalis stage, but how weak is the fabric of the gigantic venture now under consideration may be realised from an examination of the prospectus which has

LIMITED.

THE GREAT

Watson's

THB BANK RATE,

The acuteness of the financial crisis in

critical intelligence of our readers the further analysis of the prospectus,, a translation of which follows: o restore the right of America hich had its reflex in London patrolling the West River, we should stand and far afield in the Far East, may be taken; all having been altogether relieved. for the cause of our brethren Notice of raising capital for the Liang Yuet Chinese The latest wire from London received in the Merchants Steamship Company (1) British Colony this morning announces the fact boats on the West River consist of only that the rate of discount on the Bank of England bar gone down to 34 per cent. vessels, the Sainam and the Adaning

recalled that the collapse of the various financial Institutions in New York brought about a stringency in the money market, of the Bank of England were

A

THE

TATSU MARU.

JAPANESE OFFICIAL VIEW

OREAT INSULT, TO JAPAN..

We understand that the following account

represents the official view taken by the Japanese Government of the rest of the Tatiu Maru -

to the repretencttions of the "on the Tatsu, Maru ques

the reply was Vigue nesday afternoon the

the Foreign Office, where it with Yuan Shi-kal and Nah-Tung ed that the Viceroy of Kwangtung instructed to release, the steama

apology for the insult to Japas in hauling dow the flag of the steamer, punish the

been lisued by the promotere at Canton, an soon aìa piracy takes place a pretext During the latter end of 1901 it will be The Japanese str. Tattu Maru (3 143 regis./ponsible for theie unlawful proce

The

tered tons), left Kabe on January 26, Oo the pay damages for the retention of the and stored on point two and a half miles from the land, and was within the Portuguese territorial matere,

mording of February 5 abo arrived off Macao

refer to the extraordinary action which, the take steps at once, (a): Chinese reside partially depleted in order to meet the The rifles and ammunitions in question were

inkling of which has bean presented to our readers by our well-informed correspondent at the Southern capital of China. But be POPULARITY fore dealing with the question, we wish to promoters of this round the world steamship line thought" fit to take, when they sent a special delegation to Hongkong with the view of securing the co-operation of the Colony. It need bardly be remarked that the Tung Wa Hospital is an eleesymonary institution pure and simple, incorporated under the laws of Hongkong and exist

the contributions ing principally on of generous residents in the Colony, Yesterday, the deputation, headed by a gentleman of taotai-rank, approached the

E

VERY OLD LIQUEUR SCOTCH

WHISKY HAS BEEN ATTAINED BY ITS,

.Dr

Quality.

IT IS A

07

GENUINE AGE

AND

FINE MELLOW FLAVOUR.

Per Case

$16,50

sold by the Awaya Co, of Oaks to the Ataka firm of Macao. Pring to the bargain, however, the Atake firm applied for permission to the Portuguese authorities at Micao and obtained special permission for the importation of ninety-

made for despatching troops,This is question of life and death to our two Kwang provinces: To preserve our sovereign rights we, brethren, should raise the capital and in foreign ports are ill-treated by foreigners demands of the States; hence the Bank rate Day by day they long for the help of of discount rose by leaps and bounds until Chinese-owned ships. For the cause of our it attained almost a record. Such a state brethren we ought to get without delay, first of affairs could not but bring about Japan, Yokohama, l'onolulu, San Francisco, in Hongkong especially when the remitting rate for T. T. was favourable to the sending and other ports, and plying between An- nam, Saigon, Southern Seas, Singapore away of available cash in the Colony. Now, Australia and other ports so as to help our however, that the rate has gone below

Lii brethren at home and abroad. (3) With a

normal level and exchange at the same, capital of Yen 6,000,000 the Nippon Yusen time has kept much below the 24 rate to the Kaisha, in only twenty odd, yes, dolier, there is every reason to believe increased their fleet to carthan 80 that money sent out fram Hongkong traced at all

CANTON DAY BY DAY.

THE TATSU MARU."

and

from Our Own Correspondent.]

Calvo, 6.3 March, 1908,

directorate of the Tung Wa Hospital of this class steamers. plying between Shanghai,also a 'drain on surplus money available four cases of rifles and forty cases of ammudis | tal has given instructions 10 H'E. the Canton:

on, which were loaded at Kobe. For the exportation the Ataks fon got permits from both the Kobe Customs and Kobe Water Police, and, moreover, special permission was given to Toad amm inition within the barbour. All the

secessary formalities were complied with openly and the alleged fact of smuggling cannot be

The Ministry of Foreign Affairs at the Capi- Viceroy, by telegraph, directing him to sand all the officers, by whom the Japanele steamer Taru ard No. 9 was placed under arrest, together with all available witnesses concerned in the case to Peking, for examination.

Tung Wa directors, and "we must say at steamers, sailing on the Pacific and befor profitable in London resa.the afternoon of the day of the at PROPOSED SHIPPING COMPANY...

tween the various countries of Europe and America. After paying dividends they

of

at a bigh rate of exchange can be the Zulu Mare, however, Chinese men-pl-war suddenly madetheir appearance and surrounded re-transferred to Hongkong with sufficient

the steamer. Then twa Chinese officers, with

› more 'thea- twenty armed sailors under their command, came on board the Folau Mark and told the cap in that she was so zed by the Chinese authoritles, as she was smug

margin of profit in the difference be tween the then existing rate of exchange and that ruling to day. At the same time there should be no excuse for Colonial funds being allowed to remain in Londoning arms and ammunitions. The captain pru the Japanese fig from the top of the mast, and since the interest is so much below that obsted in vain, and the Chinese officers lowered Lainable in the local market. It is to be haisted a Chiasse dig instead. The Tatsu hoped that funds once returned to the Colony Mary was then ordered to proceed to Cantae, will find ready and profitableoutlay for invest- but the could only go in Shameen, where the ment in Colonial and Eastern securities, for now remains, there is an abundance of such at the present time at the service of those with ready

at their disposal,

muney

LOCAL AND GENERAL,

have now accumulated a capital of one hundred odd millions of dollars. With a capital of $1,000,000 the China Merchants S. N. Co., after paying dividends, is now estimated to be worth not less than ten million dollars. Everybody knows the great profit made by steamers. (4) The popula- The passage and traffic of a population of 50,000,000 have rendered possible great profits to their steamers. As we Chinese are ten times more than the Japanese and uur trade extends to every part of the globe, we entertain no fear that our freight and passenger business will not be prosperous. So we have a better, hope of success (5) - The amount for each share in the Steamship Company is $5 to be called up in the second THE English mail of the 8th February was moon. Owing to the urgent necessity of pre-delivered in London on the zih last paring steamers of our own, it is agreed by all The Bank of England rate of discount has that the share must be paid up in one call. further gone down to 30 per csal, to-day. As to the management, the members ofthe 72 Guilds will sign their names and co-operate with the merchants of the various porta. The business of the steamers, has nothing to do with the authorities. All the capital will be used for gelling ships and there will be no risk of loss through the failure of those to whom we make deposits.. (6) At the various ports in the Pacific and the Atlantic Oceans we find not a single steamer Aying

once that we cannot withhold from the Consistent Excellence directorate our admiration for the strictly 'proper' attitude which they adopted, in offering the cold shoulder to the represen tatives of a commercial enterprise which is even yet in the embryonic stage. It was the object of the deputation, we understand, to obtain some sort of conference in order that the assistance of the Tung Wa Hospital PURE MALT WHISKY might be secured for the raising of capital-tion of Japan is only some 50,000,000 people, which-by-the-way, is not stated-for the flotation of the Liang, Yuet Chinese-Mer chants' Steamship Company, Before the de, putation did more than present themselves at the Tung Wa Hospital they were politely informed by the directorate that they must have mistaken their place of visitation, since the work and object of the Hospital were the care,, maintenance and treatment of the sick. and it was entirely outside the province of the institution to consider matters of a purely commercial character. On the other hand, there was in Hongkong a body known as the Chinese Chamber of Commerce. Whether A. S. WATSON & CO., the deputation made their views and wishes known to that. Chamber later in the day is not of any moment in this connection. But “LİMİTED,

in the interests of the public and of that large class of the Chinese community who are not in a position to be guided in the matter of commercial or financial undertakings, we | desire to record with no uncertain, voice our absolute unbelief in the possibility of the [33 company achieving the realisations which the Dragon flag. This is a geat lose of face are flourished with such abandon in the pro-to China. We have repeatedly,eived spectus. It is the evident purpose of those letters from various posts. At hold and the flotation of the abroad. On account of the patrolling rights concerned with

patrotic of the West River everywhere are established associations of the fellow countrymen of the two Kwang provinces. They hope sincerely that the capital will be raised at once for get ting steamers ourselves, Auinauguration takes place now at Canton and representatives will be sent to Annam, Siam, the Southern Seas, Japan, Honolulu and San Francisco to establish branches for taking in shares at

WINE AND SPIRIT MERCHANTS.

ESTABLISHED A:D. 1841

ALEXANDRA "BUILDINGS, Hoagle n. 9th March, 1908.

NOTIES, Aionomunications intended for publication in "The HONGKONG TELEGRAPH" should be addressed to The litur, 1, Ice House Road, and hould be accompanied by the Welser Name and

Addrov,

Ordinare buite communication anould be added

to The Manager.

The Editor will not undertake to be rejunsible for any rejected MS., nor to return any Contribution.

SUBSCRIPTION HATES (IN ADVANCE)

·DAILY—880 por austin. “

·WEEKLY—$13 per annum.

The ratos per quarter and ter mense, proportional.

company to appeal to the sentiments of the hoi-polloi of South China, for we cannot so under-cstimate the intelligence of the better class and the better informed section of our Chinese fellow-citizens as to believe that they would beled astray by the specious promises and cheap patriotism which pervades the pro- spectus referred to. Within the past few years there have arisen not a few companies

LIBUT NINT C. Ryley, R. A. Corps, having returned from leave of absence on 6th in the unexpired portion, viz., 6th and 7th instant,

Fis cancelled..

ACCORDING to a New York wire of 4th inst., it is generally believed, that the situation in the Far East at between China and Japan is strained. Washington and European Govern rrents are on the alert.

Yesterday, a sum of $ 0,030 was promised by the different-promoieri of the pro Canton shipping company, to delray initial ex pouses for the establishment of this under- taking.

TUNG: WA HOSPITAL - Y The directors of the Hongkong Tung Wa Hospital have written to the commitice of the Canton Fung Pin Hospital requesting them to

Bogage a surgeon with excellent experience in

vaccination for their hospital Dr. Li Pak-wai and will be sont ts (longking in a few days! time. has been selected by the Canton institution

OPIUM SMOKERS.

At the request of the Casing Anti-Op'um: _As_ociation, the Pol ce authorities have, in-}} There is no necessity to comment on the structed the Tipos of each of the wards of the

ies within the Portuguese territory. Conceding to register the names of opium smokers in each illegality of the seizure by the Cbinasa authori-city to call at every house under their control fer.argument's sake, however, that the japap-house, with a view to enforcing the anti-spi um ese ship was at the time of seizure within the regulations more strictly. Chinese territorial waters, the mere fact that she was preparing to unload her cargo does not constitute the action of smuggling arme and ammunitions to Chinese territory, be cause the place where the Talsu Maru wa staying was the usual Anchorage for large vessels which cannot go into Macao harbour. As the action of the Tola Mary cannot be

reckoned as smuggling, there is no reason to deal with this question in accordance with the rule of mixed investigation prescribed in

THE NEW DUND. The work on the construction of the new Band at Canton, which had been suspended for some time past, has been resumed The Wing Cheang Company have contracted for the completion of the work.

RAILWAY AFFAIRS,

Mr. Lo Po-shun, who was elected vice-presid ent of the Canton-Hankow Railway Company

few months ago, in place of Mr. Wong Shiu-plos has not yet taken up the appointment. The

Customs rules in the case of confiscation of members of the board of directors wil, on the. goods by the Chinese authorities. Especially eth day, hold a meeting with the object of should it be noted that the seizure was not jointly requesting Mr. Lo to take up the ap neso avval force. This constitates veritable Wog Po-shan and Mr. Hu to assume the effected by the Customs officials, but by a Chipointment at an early date, as well as Mr. warlike measures which cannot be adopted in respassibility of the finance of the Company the time of peace, andis another reason against COMMANDER Sims, by his admission that he the application of the rule of the mixed lavetti- supplied the information on wale walipe to this casentunutta S

The lowering of the Japanese A1g, and the Alagarine based its attack on the American Navy has col the ground from under the replacing of it, with the Chinese one, are a

great insult to Japan. Senate's Naval Inquiry, “

ལཿ

THE Chicago petice are arresting Anarchists right and In't in consequence of the attempt to assassinate the Chief of Police, The Mayor and also the Federal Government are taking active steps in the matter.

THE "Br. wn" Cup will be rowed for at the Hongkong Regatis on Saturday, 28th instant,

[N. C. D. New] DISPATCH OF JAPANESE MAN-OF-WAR.

Tokio, March 3. The man-of-war rumi arrived at Hongkong yesterday.

Chips's reply to the Japanese representations

was fixed for delivery on February 29, has not touching the case of the Taliu Mars, which

yet been received,

China is still insisting on a joint inquiry by

Japan peremptorily refusis.

*

MAS ALUNATIC AU LARGĦASS

EXCITING TIMES IN ABERDEEN STREET

A middle-aged Chiosman, whose ransoa' is supposed to be unseated, caused," some excite- ment, and no little amusement, in Aber deen Street and Hollywood Road yesterday afternoon. The man, who is known as Wan, Cho, is a barber, residing at 41, Aberdeen.. Street, and has been acting queerly for DIG weeks past, buf'little or no notice was paid to him

Buriness being slack yesterday afternoon all the fokis were seated around a table chatting,

The daily ins in delivered free when the addrow la having as their pbject the participation in after days the management of the passage Street in Praya East to Messro. Febwick's the Imperial Maritime Customs, But this Suddenly Wan Cho, who was among them,

accheible to mesanger, fin emplas sent by post at

additional $1.80 per quarter is charged for ponisge, The postage on the weekly iman to any part of the

world in 20 conti per quarter, Bingle Copies ally, on center Weakly, twenty.

fire celta.

BIRTHS.

On February 3, 1908, at Yung-chun, Funkien Province, the wile of J. PRESTON MAXWELL, Mr RS, of a' daughter, »、

On March 3, 1908, at Shangbai, the wife of the Rev. H. L. WILLETT BEVAN, Medhurst College; a son..

the river traffic, but one after another they have fallen on evil days and have had to enter into liquidation as soon as the initial capital provided by sanguiné investors had been expended. Those trading on the West River, even including the powerful Hongkong, Canton, and Macao Steamboat Company, with its excellent organisation, efficient management and strict economy, have found the river trade most unprofitable

the places where Chinese assemble. Inata. p.m. Course from the foot if Heard

Reclamation East of Causeway Bay.. AUT thiny members of the House of Repre sentatives belonging to the Ministerial party of the Seiyuliai have organized themselves with a view to attack Count Hayaship Minister of Foreign Affairs. They include directors of emigrat on companies.

had freight businesses in part, will be ea trusted to the branch there so as to ensure prosperity. (7) There are a great many of us Chinese versed in navigation. Owing to lack of steamers in our country they have been cheaply employed by foreigners, For the sake of our brethren we must get a large number of steamers (8) Most people of China cannot go to foreign countries to get livelihood. If our merchants have vessels

A TSINGTAU despatch of 3rd inst, says: S.M.S. Arcona and the torpedo-bout S. 95 have returned from South-West Promontory, where they endeavoured to assist the stranded steamer

CHINA'S REPLY, ..

was seen to jump up from his seat and rush to the rear of the building. Not knowing what Tokio, March 4. to make of the man' several of the fokis followed The replies of the Peking Government and him into the kitchen, where he was seen to the Viceroy at Canton have been received in enter. Fulling out a few pieces of blazing cessarily reject Japan's demand for the imme. past his comrades, through the shop and fato Tokio to day, and though China does not defirewood from one of the stoves, Wan'darted diate release of the Tatew ¿faru, with an apolo-the street, waving the lighted sticks about ra hour he amused himself by chasing women ky and compensation for her seizure, the reply if they were clubs. For about a quarter of an is stated to be unconvincing and upratis.

and children up and down the street. Alter The Japanese authorities emphasize the fact several attempts to capture him bad failed the factory.

able if China remains avașivo, no the failure to had become exhausted and on" the" arrival make reparation for the outrage will be a of several officers he was' taken fasily endogb. constant threat to vessels plying in Chinese He was removed to the Central Police Stilon

and thence to the Lunatic Asylem,

On March 1, 1938, at Shanghai, the wife of leading first of all to the sale of the special now, our brethren will find it easy to 8o | Chingpine. But all efforts have been in vain; that they will take what slept they deem suit police were notified, but by this time the mas

WILLIAMALLANSON, of a son.

· MARRIAGE.

On January 39, 1908, at Stanford, West Kit- bride, JAMES A RUSSELL HENDERSON, B.5.C. F.C.S., Professor of Chemistry, Chihli Pravis.. cial College, Puotingfts, to JUAN, daughter of the late James Casey, Glasgow, and West

Kilbride.

tegretted.

DEATH.

[299

The Honghong Gelegraph

A SERIES of lectures to ladies on "Home Nur- sing" will be given by Dr. W. V. M. Koch under the suspices of the St. Joba Ambulance Association in St. Paul's College, on Fridays at 5:30 pm. The first lecture will be given on Friday, 13th March, 1936. An attendance for ing incidental expenses.

waters. *.

REPORTED ACTION BY PORTUGAL

Tekio, March 5...

The Kokumin points out that American trade The Portuguese Minister in Tokio is a pas in Manchuria has shown a remarkable advance senger on board the Rt.M., Empress of Chia since the Russo-Japanese Wat, especially, the in consection with the case of the Tafiu Marsoil out of the market. Thus it

The following items are taken from the Japan Tod, Refsit for the import of Au

can oll Other American products are simi On the 14th instant Count Hayashi, Miölster larly advancing: Exports from America to fan Chronicle of the myth oft að garbingad

Manchuria in 1968 are expected to amount to of Forein Affius, issued lastractions to Mr Hay shi, Japaceso Minister la Peking, to $9,000,000 Gold, including materials for the local authorities responsible for the detention of the Talsu mare should release the steamer at ance, as requested by the Japanese Govern

ment,

V

SHIPPING AND MAILS

sicamera built for the line and afterwards to abroad in future, (9). There will be steamers the building of two more economical bosis at home and abroad running for the the ship is apparently a total lois, which to-day barely pay their way on the benefit of our brethren at all times, and river. Then the trade between Canton and in time of war they may be used Macaocarried ou by asmallboat of the dimen- as transports for troops and supplies. sions of the Lungshan proved so unremunera (10) The quantity of rice inland is not tive that the vessel had to be temporarily sufficient for consumption, and steamers On February sit, at Folkestone, Mis withdrawn from the run. The competition are relied upon-for-conveyance of supplies. CALDWELL, Widow of the late Mr. H. C. on the Hongkong-Macao route resulted so When Chinese merchants have steamers of of Swill be charged for the purpush_of_defray. It is sopaned that be ia proceeding to Peking, trade in"American oil, which is driving Russian:. Caldwell, solicitor of Hongkong. Deeply ruinously that the owners the Wingehad their own for conveying rice there will be rp had to put the vessel up to public auction, by need to depend upon foreigners, (rz)~The order of the mortgagees. And trade between business of the steamers will be tummended this port and Canton with the large number at once. As there will be no credit or loan, of steamers on the run only offer a hand to profits may be realised every day. There mouth existence. So that without proceed-will be no risk of loss as the gleamers will be market at about the same time as the meat, demand from the Chinese Government that the South Manchuria Railway. HONGKONG, Monday, March 9, 1958.-- ing to analyse critically the prospectus of insured, (12) As a great number of sailors the Chinese Merchants Steamship Com. and workmen will be employed on the AN AMBITIOUS CHINESE SHIFpany, we may offer the prediction that its steamers wo wil follow the way adopted by

PIÑO SCHEME.

career, if ever it be floated, will be of the the management of the Nippon Yusen shortest duration. There is but one point to Kalsha. In after days when we increase our For some time past, in fact ever since the which we need refer before reproducing the number of steamers to tens or hundreds our question of the patrolling of the West River wonderful prospectus in question, and that Chinese workmen will have a new means of became an immediate matter of practical is although the promoters project lines of obtaining a livelihood. (13). The interest politics, agitators in Canton and Wuchow steamers to Europe, America, Australia and, on the capital of the steamerey will be ten have been assiduously at work seeking to indeed, to all parts of the world after the model, per cent, per annum. And in addition to form what they held to be a patriotic scheme which they quote, of the Nippon Yusen that, ten per cent. out of the net profits will having as its object the organisation of a Kaisha, no mention is made of the capital be paid to the staff managing the shipping fleet of steamships which would ply between amount deemed necessary for such a huge business and the remainder will go to the Wuchow and Cauton. in the first instance, undertaking, or of the initial cost of the shareholders, (14) 70 and later on would embrace Hongkong within fleet, or of the working account or of its steamer, speedily the capital. will she composition as reviewed in the Hongkong, Tela-||yd Shanghai-messago to the "Asaks stated that: 'on 10th inst, ring my its parts of call. The latest development prospective revenue. The promoters an lected fully at one call, The interest on the shows that the originators of the idea con- ticipate, however, to be able to pay an capital wi'l be distributed in the follo template with equanimity a much larger annual rate of interest of ten per cent. In year in accordance with, the sphere of operations which would extend addition to which another ten per cent. is There will be no postponement, the work of the feet to the four corners of promised out of the net profits in payment custom of merchants will be the earth. That such a schemoshould have of the staff managing the shipping business Respectful notice of the members of the bas conceived at all under the present cft. With these observations we leave to the Guilds of the

ONE hundred pounds of beef went missing from a stall in the Cestral Market early this morn ng. Suspicion fell on a coplie named Chan Tim, a man of no occupation or eo fixed plure of abode, who disappeared from the Investigations resulted in Chas's arrest. He was charged at the Police Court this morning, when, he was given a change of diet for six weeks, also four hours in the stocks, THE latest issue of the Far Eastern Review broad outlook of Chinese and Philippine com maintains the high standard of efficiency and mercial affairs which have characterised this publication since its inception. No record of value in respect of the growth of the Far Eas tema trade is omitted and no petty-mindedness mars the generous estimate of the prospects for Chinese Government, The delay in giving an The Ney, K.•*. Sazuki Maru, Egr

A Peking message to the Jiji states that the

Chinese Formin Office, which is of the san e matter, will insists that the Talsu mari case opinion as the Viceroy of Kwangtung on the should be left in the decision of the Customs Authorities. The Japanese Government has absolutely declined to copiest to this proposal, and no reply has yet been made by the

MAILS DUBLAD American (fongkong Mars) 10th inst. German (Prinum Aller) toch inst; Em Indjan (Kumsang) 13th-inute br

The P. MS. S, Co's 1.9. China grzived at Sao Francisco on 6th inst

The Zual left. Manila os 2th inst, after

M on, and in dus here on 10th less daylighti

Shangbai on it last, and is expected here iber deal with the Cautop-Hankow railway the Viceroy of Kwangtong, 200

" the fare. The chief articles is the February answer is said to be due to the "obstinacy of Line, left Kobe, for this port-gie Mell, and

Kamber

us foreign consulates in Shanghai, views of the Viceroy of Kwanging ban discovered Atow, new buildings in Manils and other proof that the arms and ammunition carried matters of immediate interest, The visit of by the Teliu miu were dertised for the re- in Hongkong who Mr. Secretary Taft to Minila is illustrated volutionisin taking, refuge

and them: imn, the interiors of graphs while the other intended? presented in the matter

The evidence has been (warded to.

Review Sar cellantesmber from cover

The T. K. K. sa Hongkong Maru

due to arrive at this port on 10th inst. a16

Ports and Shanghali

m., from San Francisco via Honolula, Japan

French mail: of the 16th London

"Grive:hora: