NATIONAL BANK OF CHINA DD.
ANNUAL MEETING.
1
the Chairman read the following report the Gentleman, The directors have now the pleasure, to submit to you the accounts and balance sheet for year ending grit December, rought forward from last year, are $165,389,3%,
THE HONGKONG TELEGRAPH
THE CANTON-HANKOW RAILWAP.
a recent instance taken a dislike (sic) to the
co-opamie
SATURDAY
LARY IN SKYMOUR
TERRACE
A BOLD THIEF.
Card inst
1900:
INDRANI
OPERATIONS FOR REFLOATING.
1
SERIOUS, FRACAS
"DISTURBANCE IN HANKÓW,
168
learn that the German group declared that they had always been willing to come to do MEETING OF FINANCIERS IN PARIS."" The sighteenth ordinary annual general
understanding with the British and French
A Uhlusso dispatch to a Shanghat verna The Japan Chronicle understands that the work cular paper states that on the night of the 19th meeting of shareholders in the above Company.
Paris, April 4, "groups, but they appeared to exempt from the was held at the offices of the Bank, Queen's Meetings of British, French, and German necessity of such an understanding their ples A case of burglary, was reported to the Palice reported, Is ashore in the Inland Sea, is pro
on the British steamer Intraks which, as alemady ultimaʼn serious" (racas occurred in Hunkow Buildings, atgaon, on the 1st last. Mr. 1. Scott Gnanciers interested in the construction of Chi- offer of the Cauton Hankow Railway loan. yesterday which, in the boldagss of its concepe coeding favourably, and it is hoped to Boat the and Off Company and of at American slaughter
between a number of employees of the Stand Harston, Chalman, present on Satur
on the that no understanding Hare easier. 6. Potts de D. Baske P. 92. nego railways were helden Feday and incur burn effected up to March G of 7s the date on God and the determination to secure à haut, vessel to-day (azad Aprilis, sense-sjef house and the japancia polices 1. Crossy Laya
Which their offer had been accepted at Pekingas daring us any that have been successfuti❤ The salvage boat Arima-maru 303 tons of the N. C. D. News, through a policeman trying? Ellis, E. M.Raymond, 1. Gourgay, P. Davidson, Chine. The British group was represented by Bin Tak-fac, Chan Kl. Pan, Yung Pak Leung Mr. W. Keswick, Mt.P.; of the British and Chi Thay added that it was only one-third of the carried out in the European quarters of the city. the Hitsu, Dinki firm, which is fitted with up to to arrest one of the employess on suspicion, for and P. Loureiro, Acting Manager,
ness Corporation, Mr. O. S. Addis, of the tallway, for which they were contractiei plect evauing that, the gentleman, whose house was 4,000 tons per hour, is on the spot with his load, quickly got a dozen or more of his Carious to relate it was only on the previous date pumping apparatus afficient to pomp out carrying a load at night... The man abandoned The Secmiaty read the notice convening the Hongkong and Shanghal Banking Corporation, two-thirds at it could still be made the subject entered and robbed in the small hours of Sun. four experie, forty workmen, and six divors. fallows on the spot, and belaboured the police
Mr. Carl Meyer, of the Chinese Central al joint operations of the three groups. In re Railways, and Mr. Gorge Jamieson, CNG ponse to French representations it was admit. day morning, remarked to a friend on the effi- With some difficulty a hole in the bottom of the man. Soon after the Japanere inspector aud The Freach group was represented by M.ted by the Germans that they had already settled ciency of the Patien patrol in Seymour Terrace, vertel was patched up. When the cargo in No. detachment of Japanese capsiables went to his Simon, manager of the Banque de l'Indo-Chine the price of issue and of interest for the land, within the next twenty-four hours, a Chinese damage was discovered to have boon inflicted largely reinforced. In the end a detective was Little could he have imagined at the time that; hold was discharged, however, further serious rescue, when their enemies were also very who was elected Chairmen of the meeting, but they urged that the three groups ought M. Ullmann: The German group was repre- to sink their differences with regard to this burglar was to test the truth of his observation, large jaged rock having become jammed taken prisoner and the Inspector kim f
The facts of the circumstances attending the in the bold, penetrating the bottom of the vessel was cut on the including by F. Urbig, of Deutsche business to
Asiatische Bank, Efers Boil Rheders, out there is the future, than prepare duperat burglary of 3, Seymour Terrace as reported at the statboard side. To stop.up the bole gives to the face formation was then Curl Erich.
satisfied and pointed out that there could be by the occupier, Mr. D. A. Cordeiro were that a number of carpenters were sent with the instructed the asarest Chinese police officers no reason why the German,group, should between two and three o'clock in the morning necessary tools and material, and affected ro to take forty constables and try to restore Mirs in the Chinese Central Railway with the of Sunday a thiefestered bit bed-room and pairs yesterday morning. As the weather re order. The rinters by this time numbered over a hundred. They attacked the Chinese $15. The silverware was removed from the the bulkhead would be completed yesterday, police, and threatened to make an attack on of the boldness of the theft it need only circumstances the vessel was expected to be officers was injured in the affray. Realizing the toilet table in the bed-room, and as evidence and the pumping operations started. In these the Japanese Consolato. Ons of the Chinese be stated that Mr. Cordeiro and his wife refloated this morning.
situation, the Magistrate reported the matter the next morning to the Taolki, who ordered were both asleep in the room at the time and were undisturbed by the stealthiness of
out bis guards and some other troops, The the Intruder. Their first knowledge that they
officials turned out in full force on Tuesday had the unwelcomed attentions of an oninvil
|fast, the zoth, when the rioters dispersed. Two
of these were arrested and tried by the Magise! find state of disorder that has been described
and have been imprisoned by the Chinese when the room was discovered to be in that
trats, in conjunction with the Japanese Consul," by some eminent individual as the work of-
authorilian? : It is stated that the Standard Oil the burglar's-art:
Company and the Slaughter Blouse intend tak- ing up the case on behalf of their employees.
THE OSAKA SHOSEN KAISHA LOAN.
which, after deducting all charges, leave a met profit of $(B0,$52.57, which the directors
to deal with as follows:- Pace, to reserve fund $150,000 and carry forward balance of $30,55 457 to next account.
Mr. Horace Macatta retires in rotation from the London Committed and Mr. J. Scott Harston
THE GERMAN GROUP'S ACTION.
A would appear that the German East Asiatic | British and French groups 11 they gra por joiastole sundry silver articles to the value of about-i mained fine, it was ‘expected that the work on
`Bank, a group of German Banking houses, con- cluded with the Chinese Government on March a preliminary agreement for a loan of £3,000,000 for the constraction of the nor. way, as reported by the Peking Correspondent of The Timer on March 12. According to the
them in this loan, Mala
from the Hongkong Bourd; but, belog eligible, hern portion of the Canton-Hankow Rall obtaining from the Chinese Government super-
offer themselves for re-election.
During the year Mr. E. S. Kadoorie and Mr. Ellis Kadoorie were elected as directors and
this now requires your confirmation.
Hongkong, 24th February, 190g... The Chairman proposed the adoption of the
British and French contention, the action of
A final suggestion was made from a British quarter that if the German group sucended in vision by a European engineer the British and French groups should join them, but should allow the German group in the interest of their
The German group, was entirely inconsistent Prestige to have nominal concession for the loan. 2 guest; yasterday was later, is the morning
with an agreement or protocol signed by the three groups at a conference held in Barlin`on March 1, The Germans, It, was urged, bad given the British and French groups to under- Hand that, in accordance with the Berlin agreement, they bad decided in principle to withdraw their offer, which they had made on
Mr, G. O. Moxon, resigned his seat 'on' the Board during his temporary absence from the Colony and does not now seek re-election.
The accounts,at head office, hava bean au- dited by Mr. A. R. Lowe, chartered account. ant, and Mr. E. A. M. Williams, A..., (of the firm of Messrs, Lowe, Bingham and Mat- thews)
Messia. Deloitte, Ploader, Griffiths & Co, what are known as the Tientsin-Pakow terms, chartered accountants, audited the London actual expcditure of money of the construction which do not secure foreign control of the ac- ∙counts.—Your obedient servant,' '.
of the line. At the Berlin conference it was 1. Scorr HARSTON,
"Chairman.
pointed out that the only question which had Brisen concerned the dale on which the Ger man offer should be withdrawn. In Berlin the British and Franch groups had desired the German group to withdraw their offer there and theu, but the German group had maintained that they had the right to postpone their decision.
A few days later the British and French Rroups loformed the German group, that they (the British and French), bad themselves re- Canton-Hankow Railway loan upon the "Tien ceived from the Chinese a formal offer of the sin-Pukow terms," but that feeling bound by the agreement signed in Berlin on March 1 they had refused it. They had also withdrawn their ona proposals. The German group, far from withdrawing their owa proposal, took advant
· report and accounts,
Mr. P. C.. Folta seconded, Carried unanimously.
Mr. E D. Haskellipioposed, and Mr. E. Ellis seconded, the re-election of Mr. Horace Mocatta (London Committee) and Mr. J. Scott, Harston, and the confirmation of Messrs. E. S. and Ellis Kadoorie as Directors, "
Agreed.
On the motion of Mr. P. O. Potts, Messrs. A. R. Lowe and E. A. M. Williams and Messrs. Deloitte, Plender, Griffiths & Co. (London) werd re-elected auditors,
This was all the business.
BALANCE HEET 31ST DECEMBER, 1908.
Liabilities,
Authorized capital;-
99,925 ordinary shares of
Issued Capital (at is, 8d. to the $):-
ordinary shares of £7 each,
40,456 paid yp, 4743,788
Capital reserve fund
Reserve fund
Notes in circulation...satzen, Fixed deposits, current accounts,
·losos, & Bills for collection and Branch
balances.
286,575.18
101,024.09
211.47
54:359,332.65
Per contra, if the German group failed to secure European control of expenditure they should agree to break off their negotiations with the Chinese Government. The Germani declined to agree to this proposal. A British representa tive asked them, What would you have said with the Police and the aubrequent investiga. The discovery led to a report being lodged if the day after I left Barlin and after I bad signed our agreement with you I had gone and on by ab officer of the detective branch. It negotiated this loan do these terms with the appeared that the occupants of the house You have been within your rights and we Chinese?" The German reply was "Nothing The thief, who has been acquainted with left the first floor, windows open for the night
should not have been at all surprised."
the palice movements in that district, chose When the conference was resumed on Saturs without fear of detection. It was at the time the most suitable hour to carry out his plan day no reply to the German telegram to Peking when the Indian policemen bad to change had been received. On behalf of the British their beat. It is surmised that the thief gained And French groups it was announced that abis admittance by means of the waterspout formal protest would be entered in Peking against the action of the Chiness Governmsef 'concluding a loan without first having submit- ted their intention to the British Government in accordance with the terms of the Conven- tion of 1955. This, it was explained, was not a threat, but the German group might find the While there was no intention of describing the information useful for their own guidance.
CURRENCY REFORM.
THE DEBENTURE ISSUE.
The Shanghal Times has been giving a Sheng Kung-pao, forming the first comprehen- translation of the important memorial by H.E. sive plan which has been suggested for the unification of the present coinage of China and His Excellency's scheme, our Shanghai cos- provision for future needs. Commenting on temporary has the following leading: article: The evils of the recent Provincial issues of cop- copper pieces have deteriorated in valus, so par to cash places are fully recognized. These that one dollar pow exchanges for about so Sheng Kung pao is that they shall be redeam and Mitsul, Mitsu Bish, 15th, 100th, 1st, of these pieces. The suggestion made by The negotiations between the OS. K. ed at once at the rate of 125 in the dollar. This Kogyo, 34th, Yamaguchi, Naniwa, Sumi is a very wise suggestion, especially in view of tomo, and Konulke Banks with regard to the fact that by adopting this plan the Govern the proposed issue by the Kaisha of £3,000,000 ment would, shoulder the responsibility of of debentures were satisfactorily edoclad. having allowed these coins to be issued by ed yesterday, repons the Kobe Berald of Provincial minta. No plan which would throw 3rd ult. The rate of interest is to be 7 per the whole burden for the redemption of theis cent, and the price of issue 497. Repayment is coins upon the innocent people of the Empire to be made during the ten years commencing could be considered fast or statesmanlike. It two years after the signing of the contract, it is
come an organized opposition, for there would being consituted trustee. The delay in the con would be sure to create strong opposition on stated that some of the Kaisha's vessels, are the part of the people, which, might easily be made security for the issue, the Kogyo Gioko German action as "unfair,” thera could be no doubt that it had placed the British and paramour of his own to whom he might not be a single person who would be af- clusion of the negotiations is attributed to the French groups in an unfair position. It might take a gift of its contents, be careful-fected by such a plan. The provision for fact that the bankers had to make varjous have been that the misunderstanding was by emptied the powder and the puff into exchanging at the rate of 125 to a dollar, novel arrangements, this being the find ins
a waste paper basket Hir covetous eye instead of the present market value of 130 tance in Japan of vessels being made security
on the front verandah, as every door and window in the back part of the house was ound to be securely fastened on Sunday morn ing. Once in the room, the fly visitor took the precaution, lest his movements might awaken the occupiers, of securing a skirt ready at band
directed to the silver powder box and, having which he quietly spread over the flour in front of the toilet table. His attentions were first
age of the loyal intimation from the, British-originally caused by the terms of a telegram then fell on a silver tray which he’also annexed or 132, would have the further effect of lo such a matter, The 0; 5; K. will: hold' a' and French that they had withdrawn and forth from Berlin which bad not been clearly worded, after scattering the hair-pins about. Curiosity.) eliminating all possible” market speculation general mesting on May 1o, and the issun will
with proceeded to submit a new proposal to the Chinese Government. The feeling seemed to prevailamong the Blish and French groups that this was an act of bad faith upon the part of the German group.
$1,911,616.05 hd ssociated themselves, with the German The British and French groups, it le plain, 48,118,34 150,000.00 groups in Berlio in an agreement to refuse to 79,175.00 negotiate loan so the Tentsin-Pakow terms," The British and French acted in accordance with this agreement, and were thereby deprived of the loan, which was at that time in their op | tipu—indeed, actually in their hands. The Drafts, acceptsauces.and endorge-
Germans, on the other hand, in direct contra- ments (Bilis re-discounted)...
vention of the Berlin agreement, accepted the Balance of profit and loss account 180,552.57 10. The British and French groups thers upas made representations to the Germans, asking them either to withdraw their offer or to alter its tarms so as to bring it in accordance. with the Berlin agreement. The Germans
144.547-43 wise coached in general terms and did not men of loyalty, because their original offer was other tion the price of issue or the rate of interest, 3,978,983.45. but regardless of the Berlin agreement the
German 79.754.75 and to obtain the loan on Chinese terms AF group preferred to clinch the bargain
$4.359.322.65
that they are now willing to undertake in that they will do their best to modify these terms, but they decline to stand by their own Berlip agreement if they should fail to obtain modi- fications.
On behalf of the German group it was re plied that it was quite legitimate for the British and French groups to enter the protest in Peking, If it succeeded the Germans would doubtless be "kicked out" (sic), but they would "lose face" in China, because they would not have broken their contract with the Chiassa Governmeal.
-ANGLO-FRENCH PROTEST.
be opened about the 17th: Some of the in- surance companies are said to intend to make large subscriptions, as the rate of interest works out at 81 per cent.
Oa the invitation of the Chairman the Brities Longfellow on the sands” of time - but on the the sabsidiary coinage, different from that of. Shosen Kaisha to the, amount, ofY3,000,000
and French protest, warded in the following terms, was handed in;-
the British and French groups beg to place upon record in the minutes the position as sumed by the German group in consequence of which the French and British groups are unable to continue their negotiations; but baring laid down the principle that some rea- sopable means of control over the expenditure ofthe loan funds is absolutely necessary as a no alternative but to past company with their Gerasan friends, and they now hold themselves tocol of February 26 and competent to take released from any obligation under the pro any steps which they may deem necessary in
Cash on hand and at Bankers...... 5 156,047.03 could easily have complled with the dictaten | safeguard to European bondholders, they have the chimney but by the anion's assistants note that a silver 20 cont pieco did not contain of vessela ́às security for a loan. It is stated that"
Morey at call and at short notice Bill receivable, loans and ad-
VROCOM Billa for collection receivable and
. Branck balance.........................dia s
PROFIT AND LOSS ACCOUNT. Year Ending 31st Deccember; 1908. Charges, directors feer, salarios, etc. $84,836.70 Amount to be transferred
$50,00,C)
to reserve fund Balance to be carried for.
ward to doxt account... 30,55257
18p,552.57 $165,3Bp.36
Balance brought forward from läst-
.......................... "$ 10,223.09 Gross earnings for the year ending
31st Decembar, 1908, after provid ing for all Had and doubtful debts 255,166.17, $265,389.36
|
their own interest,
it is further deserving of mention that in the course of the discussion when a German appeal was made to the British and French groups to join in the proposed German loan on the Ger. min terms the reply was:-
That is impossible. Even if we desired to do 10 our respective Governments would'not allow it. The interests of European bondhold ers are not sufficiently guaranteed unless a European engineer can control the actual ex
are new after the fairy whom they may succeed Suspicion falls on a dismissed house boy who in following up through the pawnshops. heard the story of the coming of Father Christmas wheb it was related to the children fat 8, Seymour Terrace last December. FORBIGN INSURANCE COMPANY IN JAPAN.
QUESTION OF SECURITY,
led him to make a search of every drawer, but on the part of the small banks. The is finding outbing valuable in them he made for suance of a new zo-cash copper piece would the writing-table. Quill-driving is probably only be possible after the redemption of one of the adventurer's aspirations, for the the presepi bad coins had been carried for only article on the desk which he fancied was ward to a certain extent. The suggestion for silver lakstand which he did not forget the use of subsidiary nickel · coinage it
SUCCESSFUL NEGOTIATIONS. to add to bis bag, not before, however, spilling most timely. in the intraduction of a token
We leam from Osaka papers that negotia the ink to leave behind him footprints unlike coinage, the assistance of the use of a metal for tions for the issue of the dabentures of the Osaka beautifully patterned Caston matting, Satis- the dollar coinage, must be considered to be fied with the result of his evening's expedition, very important. Chinese Baoks have been underwriting banks are the Mitsui, Mitsu Bishi, "have come to a successful conclusion." The' the thief left the house as cautiously as he had accustomed, from tije immemorial, to the 15th (Noble's), the Dalichi, 100th, 34th, entered it. He is evidently not put of his teamstimate coins solely on the basis of the Yamaguchi, Naniwa, Sumitomo, and. Konoiks yet, or he would not have beat as mindful of amount of metal contained therein, and for Banks, and the Credit Mobilier, Limited. The Santa Claus as be was. One of the lady's this reason it has been impossible, up to rate of interest agreed upon is 7 per cent, and stockings was missing in the morning, and it is the present, to force subsidiary colne into the issue price Y97, the principal to be redeem supposed that having taken to heart the use on the basis of their face value propor-ed in ten years after the lapse of two years from memory of Santa Claus last Christmas, the tionate to the dollar coins. The introduction of this date of issue. The steamers of the com youthful visitor filled the stocking with nickel would remove the competition between pany's feet are to be mortgaged as ancurities on his "prezenis" which come down not. by the amount of silver metal in a subsidiary colnaruit formed by the Credit Mobilier, Limited. The Chinese banker has been accustomed to This will furnish a precedent for the acceptance Chief-Detective Inspector
1/5 as much silver as a dollar. If another the terms of the loan an sidiary coins, the comparison between the roth proxime. The dehonturas are expected. metal such as nickel in introduced for subspecial general meeling of shareholders on tha
are to be laid before a ⠀⠀
amounts of metal contained is at once disposed to be placed on the market about May 17th. of, and the coin can be taken at its face value At Y97, the rate of interest will amount to .. in proportion to the dollar coin. There will be per cent, and it is reported that insurance Sheng Kung-pao's memorial, to the effect that in finding good investments for their funds a hearty welcome to the other suggestion of companies, which are experiencing difficalty the present banknotes issued by the pro- daring the pressat depression in the demand viacea and by various commercial banks for money, are prepared to take large blocks of shall be withdrawn, and new book-noten the debentures.➡Japan Chronicis. Issued by the Bank of Chips.' The object The Osaka Asahi notes that Lloyd's have of the recent lance of these various bank-
A CHINESE WEDDING. opened as important insurance business in Rotes was probably to offset the use of the Japan and is competing with low rates, which bank notes issued by various foreign banks
WEALTHY. CHINESE MARRY. IN SHANGHAI, it describes as a characteristic of Lloyd's. On in the open ports, and if the resultant the ground that the insurance contracts are effect; is the stopping of all private, unoffical, The following is taken from the N. C. D concluded in London, Lloyd's did not deposit bank-notes, both Chinese and foreign, the News of 26th ult-An exceptionally grand with the Japanese Government the usual
recent confusion will have contributed a lasting, and interesting wadding took place on Saturday: security of Yro0,000, maintaining that their
benefit. These bank notes have not been cur at St Francis Xavier's Cathedral, Tungkadon, i We have received the following explans-gente only introduce the parties to be surrent at any distance from the place of insurace at 8.30 am, the contracting parties being tleg of the affair from a well-informed source. business in Japan, which deposited security hai bave only been current in Hankow and hoog. (better known amongst foreigners as.. ed. Olber foreign insurance companies doing Bank-notes issued by foreign banks in Badog Joaquim, son of HE. Total Tsang Kono-, At the joint sittings of the German, French, with the Japasste. Government, have protest Tientsin at a 5 per cent, discount, and the pro Jacques Tsang), of Shanghai, and ✨ the and 13 and in Paris on April 3 and 3, the The Government has now decided that insur- and British groups held in London on March 12 ed against the exemption accorded to Lloyd's, vincial dollar" notes issued by the Hupch daughter of H. Total Trang Hop-chow, Gavemment have had about the same rate of Seochow, members of two of the biggest French and British repescatatives repeatedly ance contracts made in Japan so far with of discount in Shanghai, The possibility of and best: known Catholic families in the reproached the German syndicate with having Lloyd's are invalid, and holds that in taking which will be current in all other parts, Church in a beautiful sedan chair adorned with obtaining a bank-note, In any part of China, neighbourhood. The bride arrived at the aded incorrectly in the business, and with hay contracts for insurance Lloyd's most abide by ing placed these two groups in a disadvantage the law of the country and deposit Y103,000 will be no immediate and immense stimu red silk and gold, and borne by eight bearers, eous position, a reproach which has now been.with. the. Japanese Government.
Whether us to trade. The only other important The Nuptial Mass was celebrated by the Rev., published in the Press,”
Lloyd's will submit or not to this decision, is suggestion in the memorial is that China stall Père Pratel, who united the happy couple, in problematical. It is expected, says the Asahi, preparo herself at once for placing her entire matrimonial bonds. The service, was fully that the matter will develop into question of currency upon a gold basin. It is not suggest choral; besides there was a band from Mesars, international-law.Japan Chronicis,
ed that this is possible under present trade Moutrie & Co, which was present at the Church, conditions, but the wise suggestion is made and afterwards at the residence of the groom's, that, in all corredicy reforms carried out at parents in Sing Kee Pang Road. The bride was present, the ultimate object of placing the car magnificently attired in dark coloured Katin, rency upon a gold basis should ever be kept in heavily embroidered in gold and preciousstones, mind. Sheng Kung pao's memorial reflects and herbeautiful and costly, head dress consisted great credit upon himself,, hot only for the of pearls and·jade stones, Sho was attended by wise suggestions which he has made for the tour bridesmaids similarly dressed." The bride- fature, but also for the careful analysis of the groom was also attended by four relativen, allti present unfortunate condition of Chinese cur- of whom wore official dress, The silendance at the Church was very large, amounting to rancy, but make y
over three thousand, of whom five hundred official robes which tent splendour to the or more were relatives of the family, and in.,
scene. After the ceremony the bride And bridegroom #loft the Church in
**
GERMAN OPINION,
Berlin, April 8,. Under the heading "The Quarrel About the Caston-Hankow Railway" the Vossiseko Zeitung Tys
discussions on Friday between the British and It is understood that there were very hented
French groups on the cos hand and the Ger- map group on the other. I learn that he spokesmen of the German group not only ranked their arrangements with the Chinese | penditure. Government before, their previously pledged word as given in the Berlin agreement, but that they also stated that: "the German Foreign Office would not allow them to withdraw from their engagement to the Chinese Government even if they were willing to do so. After con. siderable debate it was agreed that the Ger- their agent at Faking to the following effect: man representatives should sood a telegram to All the improvement we require beyond the "geatry clause ! [excluding the interference of of the line] is to secure European control be- the local Chinese gentry with the construction fore the expenditure is incurred. There should therefore be inserted article 11 of the Tientsin Pukow agreement, after the words signed by the managing director of the rail way, the words "and countersigned by the 48,118.34 chief engineer." 300,000.00
On 1st January, 190g, the Capital and Re serve Funds will stand as follows'ji- Capital (at 11, 8d..
to the 5) £242,718 0.0 51,911,515.00 Capital reserva
- fúnd (atır. 8d. ta.
the Sze Reserve fund (at
4,009,17.3
1/8} to the $ ... .25,937.10.0
· £272,665, 7.3" $3,260,734-34
NEW TERRITORIES.
"DIVISION OF "DISTRICTE""""
The following Order made by the Governor- fa-Council la published in the Gariffa -
The Order-in-Council dated the 15th day of March, 1906, defiping the districts into which the New Territories shall be divided for the purpose of the above-mentioned Ordinance, is
· bereby rescinded and the following. Order sub- stitated
It is hereby ordered that there shall be estab- Hshed two District Land Offices for the perpoko of carrying out the provisions of the New Ter ritorias Land Ordinance, 1905, and it is further ordered that for the purposes of the said Ordin- ance the New Territories shall be divided into two districts, vie 1
One district to be bereafter called and known as the "Northern District to include the whole of the New Territories situate on the mainland excepting such portion thereof as is by this Orderibcluded in the Southern District and including all Islands which are East of Longitude 114.10 and North of Latitude 22.15 excepting the Islands of Tunglang, Fatan Oban and Slope Island
(b) Another district to be hereafter called and known as the Southern District to in-, clade that portion of the New Territories situate on the mainland as is delineated and shown on a plan marked Southern District Mainland dated the arst day of February, 1999, sigued
by the Director of Public Works and countenigned by the Govenor and day posited in the Land Office of this Colony, and the remainder of the Islands is the New Tar ritories not lecluded in the Northern District
And it is further ordered that the office for the Nortberg, District abell be situate, at Tal Pojatha Na Territories and the office for the Southern District shall be situate in the City Hongkong Wespite ove Order shall take alfact as from the
This telegram was despatched on Friday afternoon, and the representatives of the British and French groups are said to have declared that if a satisfactory reply were received they would be willing to withdraw their opposition to the Canton-Hankow Railway loan as pro posed by the German groups,
PLANTERS AND OGOLIES.
PETITIÓN TÒ'DE PRESENTED TO
la reply to ibis the following must be stated: "As long ago as January the tierman syndi. Shanghai Bank, declared its readiness to enter cale, at the suggestion of the Hongkong and
derstanding about the Chinese railway loans, upon megotiations for the attainment of an un. This attempt was rendered abonive, however, by the British asserting that they had certain preferential rights on the Canton Henkow Rail
HOLLAND'S QUEEN, :: way, and that there was already in existence The assistants on tobacco estates in Deli as understanding with France concerning this have drawn up a petition to the Queen of line, The British groups declined to allow the Holland, praying for better protection by law equal rights. On the German side the state complain that the law in force shows too great German syndicate to come in on the footing of against coolies who defy their authority. They ment was thereppes made that in such circum-a lessing in favour of the coolies The peus dances independent competitive offers would ties for insubordination and lack of discipline ba tendered to China, but it was expressly de- among the coolles are too light to have any torrots for the labourers, and the procedure to
A BRITISH! AND FIENCH DEMANDS.
The British and French.groups demand that iostend of, as hitherto proposed, a mere control by the auditor after money has actually been spent, a European engineer, as well as the Chinese manager should have the right to check expenditure and to sign certificates for the withdrawal. of sums from the bank and for †-clared that this was not meant to make it′′*? wing them to justice is too tiresome and pró The annual, outing for the above Sunday |brougham decorated with red and green rib.
for the British and French. After negotiations with China had been opened, and the Garman. syndicate bad, a prospect of carrying its offers aastast store by the authority of the though; a fresh attempt was suddenly instilat. assistants. The only punishment, they prefer ed by the English to effect an understanding at present, is that dealt, out on the spot when on the basis that the three groups should in the future only make railway loans in China jointly and spa cenain specified conditions
the offence is still fresh,
Planters. 'know that the law forbids their striking the coolles, but they cannot help deal in a hard-handed fashion when provoked beyond endurance. The unlucky assistants are then hauled up in the police court, and undergo fine or imprisonment for excusable offences.
ST ANDREW'S SUNDAY SCHOOL, KOWLOON.
and arrangements had been made to visit followed in procession by all the relatives and Seaton by launch but owing to the unfavour able weather the outing as arranged could not
be carried out.
guests to the residence of the groom's parents On arrival' all the guests ware graciously received by H.E. Tang Kono-heng. A song At one o'clock, as the rain had actually set in, of welcome to the bride, the music and words, it was decided by the committee to abandon of which were composed by Mr. Tan, was tong the as of going to Seaton and the children by several little children, to a piano accom were assembled at the Seamen's Institute are the children were prasent and after various amore took place between the newly married couple
In spite of the weather more than half of the fra^
of Introduction ceremony ments which the young folk seemed to heznily and their relatives and
The grievance of the petitioners, in skort, fu enjoy if same can be judged by the scram inlter word several of aus.. Amongst the
Chinese rez
is alleged that they have been withdrawn,
On the German side it is orged that the German East Asiatic Bank could not with draw from its agreement with the Chinese Gaversment, which would in that care accuse them of bad faith. Moreover, if the loan would fall into the bands of some out side English group, it would be entirely lost to the British and French syndicates, which "A resolution was dispatched to London, the could very well participate in the German Germans group painting out with emphasis, that loan. If the British and French syndicates there could be as question of the withdrawal of could not see their way participating, the offers made to China by the German party so only alternative was to eliminate expressly the long as the detalls of a joint German-British, Canton-Hapkow enterprise from the scope of French agreement had not been agreed upon. that the law safeguards the interests of the of delight that echoed through and through the and a few foreigners Next tha" quests, the conjoint operations, and to come to a better "From March 3 until March 12 neither the coolies too much at the expense of the employ poras--ich was served at four o'clock, and, about 400 in number, sat down to refreshments, British nor the French group was in any wayers. The assistents point out that the Governor Grica" had been song the tables ware and the health of the happy pair was drunk. Gnderstanding at to folure business in China,
As to the particolar point at tasue, the" Ger- | bound to sbstain from making any offer to ment does not afeguard them sufficiently besieged, cakes, etc., quickly vanishing Prites tain the guests and the deceations en grand Prezent Several Chinese bands war engaged to enter mans maintained that in their own enterprises Chins, for, in accordance with the German de against the labourers, they retained a control over the local bookclarations, all three parties were free until the
the Sunday School Subacqopatiya keeper, and always get a written declaration conclosion of floal agreement. No new in
by Mrs. Packham; in addition: beyond description. The badal chamber, was, were predi
Pries which were awarded for tastefully decorated in red and gold, and the mating for what purpose the money was drawn, structions were sent to the German representa
Road conduct and attendance there were three furniture was brought from the bride's home. This declaration was then verified by their tira in Pekleg after March 11 on the other hand
special Frises given for Religious Knowledge. The gifte to the bride and bridegroom, ware German auditor. The feeling of the meeting he put forward a written offer of a loan for
diri, division, Eva Packham, Boys division dumerous and valuable.. was that the German group had confronted the 1000,000 on the basis of instructions which
Harold Lewis, and Edward Lewis, British and French groups with a fail accompir, had been current since January, and this was labourers and be dismissed by their employers; fants división, passabte that the guarantee afforded by the subsequent accepted by the Chinese Government on self-interest Inads the assistants to prefer breaks At 7 o'clock each child received a small fancy examination of expenditure by a book-keeper March 7, desagutan kang d or auditor was illusory sad that the so-called
(Eldrid ||ing the law when doing otherwise, means los | bag of sweets ; then thres hearty chears were The assertion made gentry clause" did not affect these radical German syndicate did not act in conformity The packtioners conclude by praying that the carried out the most important daty of catering) made by the British that the of employment CORSA given for Mrs. Packham and other ladies who objections to the German load contract: The with the protocol algued by it, or that if Jek the Labour laws be so amended that the punisbe The sitsrapon's; enjoyment was concluded Garmans, however, urged practical objections: French and Britisk in any way in doubtingard, ments enforced should better meet the offence, by Aloping the National Aniban, apps, to enforcing Control by a Europeia engineersing its attitude, must be emphatically spudi" local considerations being duly taken into acThe Committee of the Sueca School wisb likely, lo view of past experience to cause localated by the German syndicala sa ka Rocustion countiin order that faar might solre prod the thank all those that contributed and assisted dissensions and caLAYA, TRO CUIUWs: had in /wɑbout the shadow of a foundations.
İrandartag tha afernoon & sucessa:— Crniribild
two fires. If they take the law lato their own The upforingate assistants, stand between bands to enforce authority against mutinous and rowdy coolles, the police come down upon them. If they do not maintain discipling with an iron hand, they will loss all control over the
to the
A CORRESPONDENT, bas sent to the Chronicle office three Len's eggs of remarkabler lie and weight for Japansen The largest, weighn si 21 inches with 61 inches in the middle circums ors and measures in its larvest circumference Lerences the second largest. Welebs 1 Crian maastres & loches by the third waight „DIE, ADU KIGnsures 6 by 64 JDCHER??“.
where su a rula han's egre are small-t Icartainly exceedingis fine spáčímá
No comments yet.
Private notes are available after approval.