1910-11-19 — Page 6

399

“SOCIERY OF VINCENT DE PAUL..

The Committee of the Society of Bi. Viscent ---‹de Paul big to tender their heartself thanks to H.E.. Sir Frede ick Lugard ́and Lady Lugard -for their kind patrosge morbo Alfræcó vété as welina M.K. Major-Genrril and Mrs. Ander sou,the fad or and gou lemen who attended the stalls, the public in general, the European and Chinesa Perss and the Band of the Rajputs for the support given on behalf of their pour, The proceeds of the Bozzar hava given a handsome mal total of 51,803.co.

L

་

IMPORTANT INSURANCE

PROSECUTION,

FAILURS TO, RÉCISTER,

17th Ins!, −Befors Mr. F. R. Hallifax this morning, Tam Tez-Kong, genoral manager of the Hip On Lesuraoch Company, was charged by Mr. G. H. Wakeman, Registrar of Companies, with doing life insurance business in the Colony on

THE HONGKONG TELEGRAPH SATURDAY NOVEMBER 19 1910

NEWS FROM THE NORTH,

SALT TAX VERSUS.GAMBLING.

Tippel lly Translated for the Bospking

Telegraph),

Tor Comptroller of the salt mozopaly as sast ja mential to the Tarone reques ing the appointments of a Calef and liepply Super Intendent to the Guilds in Kwang Tung and Kong Si Provleces, to draw up the regula

stated that another meniorld has also b ́en seat is so the eff:at that the collection' of than salt tax in Canton has been to irrégu ́arthat the system should be reorganizɔd so ni to re-. place the gambling tax.

PRINCE PU LUN'S ASSENT.

afternoon's gamo.

SPORTS:

CRICKET,

The scores are as ur der :-

... R.G.A.

17this.

Capt. Clapham, Wynder; b Madowp... Capt. Garnet, b Wynder..................siskam L. Withics, c Mildar, b Bennett Lt. Paris, l.b.., b Wynder - Li. Baggell, run out

6

THE RUBBER MEETING-

YYAT SHANGHAI,,

FINANCIAL CONDITION OF NORTHERN SETTLEMENT DISCUSSED,

"

plier to the estates ...If their_compatice form by several parties: He thought it was possl. amalgamated they could have la chaiga 10 | ble that If this schome was carried it might res agents or managing director d'man thoroughle liave to some extent the present burdensomn expart in all the detalls of robber growing and i financial crisis from which everybody is suffer estale managemrat, and under him there would for more or lest. It was bis humble impression „An...crfuyabla-crickot-match-was-play sci-

be the cecessary clerical staff to carry-on- that a man who or foyed the public confidence yesterday afternoon in the Cricket Ground,

the office work. They world have the be to a bigher degros than the convener of this The Unlos Church Ball was filled with rab neft of the advice of the best expert who meeting, Mr. E. S. Little, and who offered blu The game was between the Royal Gilson is shareholders on Thursday afternoon (Nov. could be got and who would visit all the estates esidemed services to the public should take the Attillery and the Buffs. The R. A. team played an excellent ganic, and some good 5.15, the hour for which Mr. S. Little and be in touch with their managers and by lead to this mover.ent. Ils meant their venerable scores were put up. The game ended in and convened his mesting. Among tho able to report to the Shanghai directors and and authedfic dayes of the sitish Bar, Mr. audience was H.E. Wu Ting-tong, who appear shareholders, eace a mouth, reliable-detalis of Drummond. He would be the man to take leadin easy victory for thòin by 86 runs.

The Bad of the. Beffs under Bandmastered to take a keen interest to the proceedings. the estates and their workin. They would also such sa important epvement for Shanghai (Ap.. tions goverafcg the Salt Department, It is Hawitt played salections of music daring the "The tesolation before the meeting road as have their own office to attend to the shipping.l.plausn}. They must ramamber that Mr. Drum.

follows:

of the produce without any farther charges. All moni had been for many years Directorer Chair. That this meeting heroby elects a com.these could be done at a very great saving le-man on the board of the caly dourishing rubber milice pot exceeding fifteen to consider the dee how much he was unable to say, but it company that Shangbai ever possessed(laughter question of the Shanghai rubber growing in would be seme three or four lakhs a year beaud cries of."Ab"), and bis experianco was dustry and any proposals that may be sent to two this end and she traits: Further they invaluable. Therefore he wished they would them thereonent. The committee are instruct could carry the grouping to the Estato man. pais a resolation la the senso suggested by 64 ed to make their report in due course either agers. So far as geographical conditions would him, The rest of Herr Kopper's speech com 11-through the publlo press or to another meeting admit the estes could be to charge of exper prised tastations against the convener, which”

of shareholders which may bolcalled" for the fenced general mangers, under whom woal! were received with hister. purpose."

be assistant managers, who woult be under Mr. P. S. Liute, who was greeted with ap the control of the general estato managers. 46 |"plause, ́alked pormission, to lay a few words

This should do away with the dual system 39 concerning his own relation to this movement. in vogue and the visiting agents which He supposed the rumours regarding himself also added to the cost of administration. Alt 4 bad to be adatod. He had been challenged these things he thought were practicable and

with having his own axe to gelad. He had a necessary, but before the scheme could be car-hind him. ready stated that he had no personal interest zied into effect a number of gentleman in Tha halimin remarked that it had besn ....241 to sive directly or indirectly. Like everynne Shanghai would have to pass a self-d nying somewhat painful to listen to the last speaker, elsa la Shanghai te was a busy man and it was ordinance, and he was certila there trera pub but he must say that he would welcome in at considerable self-sacrifice that be had dose lic spirited nien bera who were prepared to. | every pusible way Me. Drammond's taking what he bed. up to the prosent, and when forego their own personal, emoluments for the the loudership of this metrlog.' Ha bad...al bens cailed was appiloted he would be

they represented.

take the chair and lead the meeting and ha wished to say that he was quite prepared to sink himself completely put of sight, or to ask Mr. Dammond to lold the Committee or to do anyibing under his orders, or to take no place whatever, just at the committee desir.. ed.

Capt. Crawford, b Wraser

Lt. Thickaesse, c Anderson, b Wynder...... 43 Majar Kirkpatrick, & Hill

the petion which was forwarded by Prince l'o An Imperial Edict has been issued in reply to Luo,and has granted that a Parliamentconfiving of an upperned lower house be established in the year 1943, and proclaiming (bat an official sys behalf of the Wah Os lasurance Company will.tein of procedues shall be draws up in the Bestapt. Brierley, not cut out having egistered-snd mide a deposit as required, by the life lasa-ance Ordinance, Mr. H. L. Dennys, Sr., prosecuted; and Mr. Otto Koug Sing doleaded,

Mr. Dennys said he should be able to show that the defendant had beou cinylag on life fasurзace business in Hongiorg under the aims of the Wah On Life Insurance Company,

Capt. Twiss, c Hart, b'Hills.........manțat man Capt. Dwyer, sol odtan

Extras

Total .......

DUFFS

Lt. Norman, b Bogeall

41

❘

Afer a pause Mr. Koppul again rose and proposed that this manting be adjourned aina die in order to approach Mr. Drummond. The proposal was received with more hissing omld which the speaker left the hall, the audience cheering heartily when the door had closed bo-

L'd, He would put in a copy of a newspaper I of Parliament. On hearing of this momentous L. Corp. Wynder, c Baguail, b Paris.. 35 the Committee for which the megling had interests of the companies and the shareholders ready asked him if he would be good enough to

"THE ESTATE GENERAL"

place, and that thereafter the New Cabine! shall be formed. This is the result of the meet ing of the Grand Chuncil in which reference was made in the order that the representatives of the people should return to their respective. cations. They have remained in Peking Persistently pressing for the early ira question reform, Prince Tin Haun, the First Laid of the. Containing so advenisement of the opaaior of a branch of the compi y lo Hongkong. This Admirally, while agreeing that s,aps in this Advertisement stated it at the head office of the Circ ion should be taken as soon as possible, Company was in Shanghai, that it had been re-ests by-telegram that it is better to open gistered with the Board of Agricul urdin teking the Parliament early next Chinese year. And that it had also hesa duly registered by the Goveroinent of Hongkong. Theʻi cal

At the meeting of the National Assembly on manager was Tom Tso Koug, the defendant. the arth inst., Yi Chang Kuei add others p:o. The advertisement was dated January 10th,posed to sequest the Prince Regent again to 9ty and it appeared in the Chinese new shorten the period of delay before estabushing paper Sheung Po..

a Parliament, but they were opposed by the |- Grand Council. Prince Pu-Loa agreed appreach the Throne on the sime subject and said he himself would rather resign his posi ina of President of the National 4sembly than concur with the Diefes putting off for thide years the assembly of China's Parliament Ho considers that this delay will mean "too late, too late" for the country.

After this soma argument task placu re the report of a newspaper being put fa.

Mr Wakeman was theo called. Teplying to Mr. Danays, he said the.Wah On Cv, bad made no depoak and neither had they bren registered. They had sat beau exempted by the Government making such deposit.

Alim Khau, clerk to the Registrar of Con- panies, said that sometims in this year'a let:ar was sent the Wah Oo Ca calling on them to comply with the Companies Ordinance." In consequence defendant came to see him, H showed him the letter and said he bad cothing to do with the company. As defendant was leaving witness asked him whether he knew it the company was doing any life insurance business in the Colony and he replied "I do not know, but I have heard of a company with a similar name doing basiness in Sang. hai

& MOMENTOUA ISSUE.

Ja replying to the National, Assembly aud the rapresentatives of the people, the Grand Concil has issued no E.ict explaining that their appeal cannot be genated, because thay attach the greatest importance to such a vitat maller and cannot but exercise the utmost care about the establishment of a Parliament. But the rapid change in the face of things causes, the situation to become mora critical every day. The Threas is torn with auxiety day and night.

Mr. Kong S'og-Are you sure the lesser you Grand-Conncil expresses its belief that the speak of made teference to the Companies; Ordinance?—Yes.

Did not the defendant tell you he was merely a canvasser of the Company ? —- No.

Uther witnesses were called and the case adjourned,

GLOOM IN THE RUBBER

MARKET.

KOYAL ACKNOWLEDGMENT,

ོ

KING MANDELS MESSAGE TO HONGKONG INSTITUTION.

|

Lt. Anderson, c Twiss, b Garnett La tento mar, ratio

Bandsmas Millar, 61. Thickenist, b Garnett Corp. Hill, 1.b.,b Garosit L'. Crankendes, b Wiltshire Lt. Poster, c and b Wiltshire Sgt. Kelly, not oat

Pie, Marlowe, st. Falcknesse, b Garocit Pix. Bennett, run out...

Ex'rash

Total.......

HONGKONG CRICKET CLUB.

MARRIED VI. SINGLE",

o

7

о

155

The following forms will meet on the Hong- ong Cricket Club's ground at 1-45 p.m. on Saturday next (19th inst.) :=

Married-Mesira. R. Hancock, H. Hancock, A, Hastings, E, A. Fowler, T. E. Penico, A. O. Lang, Dr. J. M. Atkinson, Col. tacpole. J.

5 ogles-Messrs, H. R.Makio, A. O, E.

El. borough, W. C. D. Turner, A A. Claxton, H. D, Sharpin, J. Glaister, A, P. Dashwood, *ppleford, ki.. Aubrey, P. Jacks and chap

W. C. Bonna; and two others.

man,

Reserver: 2. C. Leith and R. F, Loog,

HONGKONG CRICKET LEAGUE.

The following is the table up to date:~

Club.

J'. W. L. D. Percent: The Remnaols...

... 3.3

100% R. G. Azi wa

100% Civil Servicoaches. I Craigengower ...... 2 Kowlos...............

3

FOOTBALL'

L.R.C. OPENING MATCH.

100% 50%

The Lusitano Recreation Club opened their first match of the season yesterday afternoon on the Cauteway ay ground. The opposing teams were the Kowloanes and the Hong kong members of the Club The latter, team had better mea, but the condition of the ground accounted for their loss. Matters were even during the first half of play and no sccriny took place, althouga'several étiempia. were made in the second half of play the Kowlconites managed to get the leather and won the game by the small margin of one goal

to nil

*The torms wera as follows com FOWLCON-PA-Yvanovich (Capt.), F. H. Hyndman, R. Xxxier, A. H. Hyndman, V. Ardian, H. A. Hyndman, F. L. Laitao, M. R Leitao, D Hyndman, and F. X. Soares,

HONGKONG-LU. Ourdeiro (Capt.), R. A. Carvalho, T. A. Carvalho, A. C. Ribeiro, D. Baptista, E. L. Brags, V. Arvedo, J. V. Braga, LB, Remedios, K. C. Silva, and F. M. da

Oraz..

RUGBY FOOTBALL.

|

There being no farther speåkara Mr. Linta put the resolution to the meali g, and amid applante, declared it upavimously carried.

"Mr. Little then asked the meeting to suggest gentlemen for the Ormmitted of Management, and the following were chosen-

glad to be relieved of all further respon

There was, therefore, the possibility of bring sibility. He was excocdiagly glad to sac such log a certain number of companies together; ́a large attendance. It showed that the sub.

that was as far as the managers and ogsats ject was one to which they were determined to were concerned. There was a number of other find some solu iso. All he had to suggest was compaujos and agents who would not stand-in of a constractive.nature. It was not his in the way of amalgamatios. It was true that (Loud applause) Mr. J. Watt read a ceation to assail anyoud' personally or any par- there were certain technical difficulties to the long address upon to proposed resolution. ticular class, but to find some method by which way. It was necessary for a director to have a He mentioned that under the Hongkong all latorests could be conserved, Shanghai's qualification in every company that be direct Ordinarces the Governor bad, discretionary. intercits in rubber was excee legly large. It ed. He thought that it would be possible, in powers of inspection and intolerance as rè had embarked upon the industry of rubber pisi lo most of the companies a short resolu-gards irregularities, One-fifth of the shero growing and sunk a very large sum, estimated iloa allowing the appsfatment of directers who holders-of a company registered in Hongkong at over Tin. 30,000,000. Ho supposed that are not sharehol rs. That might sound like a could petition the Governor to investigate the some mistakes had been made. It was quite novelsaggestion, it was novit in Changbai, but affairs of such company by meaus affuspectors, paisible that at the time of the boom venders it was not novel in the commercial world where who would submit a report to the Governor. put somewhat extravagant valuw open their there ware directors on the Boards of cam. Under the Ordinances a compay could also property. But no one was compelled to buy. paulos in which they had little or na interest appoint inspectors for a similar purpose. Walla Such mistakes as Budchaou made could pro to order to arrive at some scheme by which bidid not allege the existence of circumstances bably be remedied. Tube was a good basis,

that might be worked out, it was necessary first | which sech an investigalios would imply ho at all events, is all the companies. Though of all to appoint a Committee. Ha bad co advocated the acquisition of the power ho bad some estates bad been purchased at high deavoured to show what be thought could be referred to in case of need. He went on to values, there was a possibility that under

done-what was practicabls. They would have criticize the lack of icformation imparted by economical management the whole of the in- to start go small scale; but whether or not directors of rabber companies, and supported vellers' money could be saved, te thought this scheme wis practicable it was for this the election of a committes to farther the laws that many would agree that many of the Committee to decide. A Committee should he had expressed. catalos were under-capital red, and had not therefore be appointed meeting to consider sufficient funds for working. Some com- this suggestion that he had made, and nisɔ palies already had nearly reached the end of other suggestions. There had been mita the-sqms available for developmeat and would the suggestion of a great trust to take over the have to look round for further help. It companies, ther suggestions had been inado. was quite ureless to attempt to tell skäres to His proposition was that all theio schemes bring in more money. The only possibility of shopid bagivento à Committee who should care. Vesus. Brodie, A. Clarke, 1. D-Olark, Cecil some of the weaker companies being carried fully consider them and make a further report toolliday. E. S. Litto, W. V Drummond, E.G. on seemed to him to be same sort of amalga the Shanghai public or this meeting, expressing matico, by which they could assist one another. their opinion whether or not this or any He had outlined 'a, scheme, which bad hero baachemo was practicable ho had found the for the public in the papers. This scheme greatest discuity in getting a Commites, but might be divided into thras paris (t) a group four or five gentlemen had allowed their names ing of management, (3) a revaluation of estates to go befors this meeting as a beginnlog. He (3) a corporate amalgamation. He would deal ha approached, he might almost say dozens firit with the schems of corporate amalgama of persons and asked them to join the Commit- tion--that a large number of the companies tee, but while they wished the scheme success should amalgamate in a corporate anion to they begged to be excured. On this Commit- farther their loterests When he made the tea they wanted public-spirited man who would suggestion he was fully awa e of the anormous give some of their time without reward in order difficulties that lay in the way of such a schente, to investigate these schemes and say if it wero and was perfectly aware that it was impossible possible to save the Shanghai rubber industry

We hear that a project is on foot for the im touring bout a corporate amigamation of the from some of the loss which must inevitably balk of the companies in Shanghai all at once

poitation of a large number of up-to-date first A number of preliminary steps and a good deal, mitles should not exceed Bfteen. Thara hid

upon it. It was proposed that the Comcliss rickshas, subject of course to the saucifon of preliminary work had to be undertaken before

of Government belog obtained for the running becna saggestion that there should be a Rub- that could be arrived at. He had heard again

of the vehicles. The new rickshas will be of ber Growar's Association, This was at CK- the best Tokyo pattern, with rubber wheels and again mena y that it was quite hupoteas cellent scherre And be thought to get good companies to amalgamate with it should be brought before the Committee travelling comfortable. There is no doubt that and all the fittings necessary to make street raften ones. That might er might not be so ; a and that shareholders be invited Join such

there is a great deal of riam. for improvement great deal was promised in saying that these

an anociation, There would then be some companies were rotten. They bed a value, definite logal body which would elect a Com

in our present ricksha service, which, dospita The nominal differences of grade, appears to be and it was necessary to find out the value of mittes which would perhaps be the best possi

of ons class only. these bafore an amalgamation czuld be brought ble Committen that could be formed in Shang- about It bad baen saggested that it was not hai to consi er all the schemes concerning the possible for a general amalgamation of all the robber industry. companies, but that at any rate there might be a preliminary, amalgamation of companies la

fall

that

That was all he bad to say, and he had now to propose this resolution before the meetings

Pearce, L. J. Cubitt, W. S. Jackson, H. D. But chison, J. Watt, H. Sater, M. B. Alibar, H. T. Bell, G., Potts and S. A. Hardopo.

|_ Mr. Littis asid that that concluded the busle res: of the masting. He thanked all present for their attoaduace.

The meating terminated with a vota of thanks to Mr. Litila, proposed by Mr. Booja. min.

OUR RICKSHA SERVIÇB.

1RE SITUATION IN PERKING.

After it was seconded It would be opened to Peking writes as foliews in a despatch dated A corraspsodent of the N. C. D. Metus at

the 31st ult. :-

discussion.

sole way of saving the situation is the early establishment of Constitutional Lawi. They Is it not a fact that defendant told yâu in

came to this decision bafars, recaiving the what way on serves the Wah On Company?int memoria's from the National Assembly, No, he did not.

Viceroys and Governors of vations provinces. the repres natives of the people, and the

They and they are alcaid that the people are pot aufficiently enlightened and that there is, and Depts.

Hoogkong emo cot enough money for the establiment of a

H. K. Police Parliamen; bạt, if the raters of chon "were to proceed too hurriedly, there would be the risk of ultimate delay through unecessary haste is the beginning. They therefore had The dulaessf cabber shares, writes a corres- no other course but to nicenja pondent of The Economist, on the lower price test of public opinion and decided the ques. now ring the rw product is causing speton by holding and attending a meeting calators to a sebet will happen when rubber of the membas of the Council of State fala to three or even two shillings per lb. The Afists. They found that the presentatives results obtained at the auction sales recently of the people are realy in earnest in praying. I certainly, unsatisfactory; although compeit for an early dito to establish a Parliament nod tion was reported to have been keen at the the high metropolitan and provincial bich Inwer levels suling. The supply gives more officials are ia tavour of moving forward more siges of expansion than dots the demand. The speeddy, Pablic feeling is aroused and there Americau position remains obscure, but the is unanimity of purpose. As it seems that the early winter crop of Brzalian subber is certain people cin ba relied upon to do their duties to be fairly large. Pondering these points, under a constitutional, regime, it is right and the bull trembles, declizes to be consoled proper to grant the prayer of the cfficials and by considerations of the bandsome returns people. However, before Parliamen: can be which the leading shares pay at current quota- | established, there are important and numerous tios of dividend, and by his nervousness preparations to be made and these canot ba about mainly by over-speculation, reinforced" Now, 1871 the Council, everybody must obey adds another factor to the depression brought Completed withio the limis of a year or two. by the fall fu the price of the produt. Rethe Imperial Edict hat the ratlamat should garding the latter, there are many who argue ho established in the früh year of til in Tang. batax or seven shillings alb, is still an arti- With regard to the Cabinet and Constitutional ficial price tag any conicaodity capable of ba.. Laws, 20ʻification will be made in duo couno, ing produced at about a shilling per lb.. -A profit of 600, so r evan 400 per cent, is to garded by this argument as impossible to be maintained for lung, because of the compati. tion it is bound to fusier, ind, therefore, the conservatives are already forming their cal cufations on, the basis of a very low price-or what appears now to be a very low price- for the raw material in the future. Oaibe other band & ad fenders of the msikat reply that Aveu were rubber to drop to half-a-crowa per Ib. the good comparies could still make -splendid prefi:s, and that, of course, is "par- that those profils will be splendid any as regards the ac.. capital of the underlak Togs, and that when sharos stand at buga pre- miums, the retura per cent, will necessarily be small. It is peculiarly interesting to turn to some of the companies' reports for the year raw rubber fell to its record low level of 28 91 per lb., hy reason of the financial disturb uces in the United States, lo that year the High- lands nud Lowlands Company have led 193 507 lb. of ubber, which realized ao average et price of 48, o. per lb. The cost was thir teed penca per ib., the area 3,6,5 acres, and the ust profit for the year £36 813 upon the paid-up capital of £41,07. The dividend for the whole year.cia oto 12 pe chat. At the per- seal time the paid-up capital is £307 353. And the plaused area, according to the latest figares, 5.30 acres. In the excellent A.B.C. manual compiled by Marsrs W... l'arry and associates of the literary lastimalipo the royal To President Cunha and, those of his loyal

The opening craiss of the O. Y. O, will taka E. M. Muranor, the passible production for acknowledgment has been most gratifying. place po Sonday uest at Laichikk. The events 1910 is estimated a1 619,400 lb, of rubber, the estimated profisaro set down as £ 518:0

And well it was, fur, considering sumerically,

include three motor boat races; handicap stil giving 49 per cent, dividend for the twelve might have. hoped to load the way in an on-

the membership of the Library was not such as ing race, thras clases; Hayward Hayos dasiga race; Gael. Class sace; handicap class race; months. For 19 3, taking subber at 3, 6 per ostentatious but none the less effective demos la fies' handicap race, for all classes; mosboat 1b, the estimates al 1,569,300 lo, giving stratina of loyalty to, and sympathy with, awning me ubers bandicap race, all classes. Adoop by six or seven mes, and the enormous should be directors; a number of firms had Liçó,6:0 profit, allowing payment of a go par moearch deserving of the love, admiration and cent, dividead The calculations are based

launch will fears Blake Pier on Sunday .morning at 1 a.m. to conway members and upan the cost of production being ts. 6d. per devotion of his subjects throughout the world,

friends to Laichikok. Mes. Olark but kindly consented to prosent the pilnys 40 the success- fol competitors at the conclusion of the croise,

HARMSTON'S CIRCUS,"·

17th inst.

during the past week, aed are still absorb.-. Fazalgaers and Chinese in Peking bave been, ingly Interested to the question of the shortening of the period of preparation for bour-the Tzuchong-yuan's efforts to obtain a Parliament and the regularly with which cest in Menchus, who wers looked upon as the their official and private adherence to the efforts sturdiest opponents of reform, are proclaiming of the reformers in a matter of continual sar prise.

fecily true. But it thor e ba remembered be members of the Bibliotheca Poringarzi is. G. Ravenhill, D. G. Cheesman, H. Bates, units brought together united in their manage. This represented a very considerable sum pet Prince Yu Lang have tow both proclaimed

The following have been chosen to play for the Hongkong Football Club against H.M.S. Kent to-morrow afternoon (Friday) Kick-off, 5 p.m. sharp-Foli-back T. E. S. Robion; As wo antici, ated the other day, when re

Thtest; C.Roberts, . . Hegarty, D. Evans, carding the gratifying fact of the despatch of a and A. if. Young: Hall-backs A. A. Ulation, congra uktory telegram to King Menasl and T. Cocker; Forwards: A Temperley, C. on the occasion of his twenty-first bithday, by C. F. Cunningham, W. Ross, J. Hell-living, Hongkong, and ether loyal subjects of the and H. W. Lesto" Kiag of Portugal. now enjoying the hospitality of residence on British soll, the telegraphic ldap.tch was evidently most gratifying to His Majesty, if the promptness of the youthlal King reply cap, as it must, be accepted as noy triaeria, Mr. J. C. Canta, president of following telegram-

+OCKEY..

19 7, since it was is March of that year that the Libraty, was in receipt this morning of the festerday alternoon in a friendly gauie of be accessary to have a revaluation of the the management wera concentrated, the en. Ta sympathizer, which is probably a conect Idea

QUEEN'S COLLEGE VI, 87TH CO. X.G.A. The above teams met at Stonecallers' Istand hockey. The game was fast and exciting throughout and when the whistle soundel for half-time the score stood "ono all," The Antil- Portugurza,lerymen added ansiher goal to their credit in the second half and the game onded la'awia, for them by goals to one. The boys tied hard to equalise bat thair efforts failed to ma- Letialise.

"Evesham 16 h November."- PRESIDENTE, Bibliotheca

Hongkong

bins MANUEL,

* Agradeça aos Socios seus amaveis para The English rendering of it is :-

"Evesham, 16 h-November, "PRESIDENT, Bibliotheca Portuguera, F.ong". "I thank the mambaia for their amiable good wishes. MANUEL "

kong

CHINESE FORK.

th, and nothlog is rechoand for nerve or other accounts. The Anglo-Malay report for that same year, 1907, antified that the crap of rubber amounted tʼn 274 778 ib, which realized un average price of jest over 31, 9 per lb. The "Oil Cansze writes to the London dud company made a profit of £17.464 npon the China Hxpress: la your last issue you report paid up capital of £4115, tho nividend for tur.hor imports of Chiasso park, and with the that year belog 20 per cent, and the total carcity from other sources this should prove a -planted area. 3.313 acres. Refere.co to the valuable addition during the present high prices Party-Murscur book shows the present capital when bacon is telling up to 18, 3 per ib. Like to be £152,000, upon with a possible prošt is any changes not of the beaten track pre- predicted of £106,570 from 511, 00 lb of tub jud co, evidently partly due to vested inter- ber, giving 75 per coat dividend for this year, cats," stops the way, for the different shipments figures that are likely to very considerably hava báin igorously inspected, and, on the exceeded. In 1913 taking rubber at 35 6d. por whole; with favourabl, or, at any rate encour ib, and expenses at 6d, the estimates give dging feruitias to quality, Old China resi 1,300,100 lbs. production, 4131,100 profit and dents in the Altins and sixties no douby 85 per cent dividtod. "incs are only r can call to mind the Moyuan Fams brought by amples, and similit figures are available in the the faims from the green tea diirteis, and case of all the proleting companies, but min the Foockow cured bicon doring the winter Jostly the situation for the next fiw years 80 months was louied forward to as a welcome charged with maceriajoty that any cricufativus, į addition to the larder. There is favourable drawn though they be never za carefully, ará oposing for this supply of pork meat from liable to be widely different from actual resulte. China during these timen of high prices.

groups. Companies which were geographically contiguous to one another might unito, tren the amalgamating spirit would grow, and they Mr. Cecil Holliday said that he had grea said that the shareholders of the stronger com would seek for a wider amalgamation. it was pleasure in secondioz this resolation. It was pasips absolutely refused to consider any sort would cover anything or everything; it em- couched in the widest possible terms. it of amalgamation, that they were satisfied that powered the committee to carry out lavesti their compania were on a good baals, did not gations la any direction, or to any way they' require any assistance, and did not think any pleased. The resolation took lo'o consi- benefits wole to be derived from an amalgama deration the position of do companies. tion. There were at any rate a number of applied to companies that were flourishing weaker companies-10; iz, 15 or so, he did not or the reverse. hanghal hevested a great know how many-but there were comperies deal of money in the rubber shelbstty, distribut that might amalgamate with the beat" of ad ed, be understrad, between forty-six companies vantage possible to themselves. A dut in weak

Indeed, it appaers as though somó potená- with an average capital of Tis. $50,000 to Tis. much more readily than six, seven, or walve and google managers, and Straits agents the desired effect; for Duke Teal Tea and kaits, ecattered and disunited, would go nader 600pco. Each had ks directors, secretaries, sign were being directed upon the princely suspects in turn, patanasion-that-is-having

ment; and is their control it was not at alaneum, at least, he would say, at lakhu. This mpossible that if there was an amalgamation was not altogether desirable because rubber their sympathy in uarquivocal terms fa tho of theep weaker co panics they might obtain, companies did not compete agalust each other en Chamber of the Imperial Assembly. And Gancial assistance to a point where they would as mercantile houses; they were farmers, step by step the reformers are marching to bo able to.giva profitable returos. Before any not traders, and is fiming co-operation

wards the demand for Parliament to be or abiz... such, amalgamation could take place it would oot competition had long been aimed at fed at once. The Regent is already considered

time and it also estales. He gaite recognized that that mein tire work could probably be done at a cost

of his personal attitude towards the wave of porate amalgamation on a very large scale which would make an appreciable difference intensely proud, conservative and strong-mind.

hajat moloy, Baforata cor of Tis-60s to Tis. -85, o per gaaom

progress. But Prince Kung is spoken of a the formidable obstacle in the Palnoe. As this could take place there must be a revilaatin to the relam na capital invested. Be. He thought, however, that Shanghai at the sides that, probably there would be other cd priece holde office as Coftraler of "Opiem of corporate sinalgamation, moment was not prepared for a fargo scheme savings which could be effected and efficiency Reform, it is not calikely that be will be called would certainly be augmented. It was obvious, pan to appear in the Imperial Assembly, for Realizing that, but not losing-sight of it as therefore, that if sime scheme of co-operation the oplum question has been sat down for dis the goal to be aimed at, there was the first pitt could be effected considerable benefits would cassion. It would certainly be a notable oc- of the amalgamation to which he had referred accros to those la Shanghai who had lavasted | Caslon, as the membars do not allow such op- and, which he thought was feasible, practicable money in rabber. The ideal of course would portunities to pass without producing a silva...... and possible that was the grouping togeiber be be amalgamation of all the Shanghal Com-ion to which a definita statement of oplaton of the companies for management. That panies That would be a world power. But can scarcely be avoided. schema might immediately occupy their at the difficulties were so great that such a scheme tesian, and be proposed to lay it before the was unire ally admitted to be impossible. If comafites, if elected. There were at present it were possible to amalgamato some com something like go directors ja Shanghai, ali panies, at least some ands would be attained, doing ab at the same work and overing the but even here there were great difficulties, sanie ground. The bulk of this work, with so Numbers of gestlemes had invested money efficis it clerical and secretarial staff, could be in rubber on the understanding that they Waving of directors and other fees that would supported rubber companies on consideration accrue to a grouping amalgamation would be of bilog appolated agents, To ask a appreciated, hon here were 49 er 51 differ these people to give up these things from ent sets of manage s and agents directing the purely altruistic motiver, was to ask aʼvery affairs of the companies, needing he did not great deal. "A" might say to "B" that ble know how many rooms and how many men. compiny was quite good, that it was wall BEAN EXCHANGE FÖR DAIREN, All would agree that there was not sufficient able to pay its agency and minacement fees work to keep 4 or to managers going as and good dividends to its shareholders; why the rubber industry at present existed in Shang- should it come in with another company that The Tokyo Azahl states that in Marchoria bai. Offices containing two or three rooms could not do any of these than things? To the annual output of beans. pad bean cakes farmston's Olccus 10, witness the performance work which had to be done from this Shanghai swor

A fairly big house was pratent la t night'at would be sufficient for the largely secretarial that it would be very difficult to frame en an. reaches about 1,400,000 or 1,300,000 tons, of in ald of the Bedford Relief Fundle in view of end. With a thoroughly efficient secretary working might find itself ogalost company law, Dairep. The output of oil beans is calcninted, Agalo, any amalgamated scheme of which about 800,000 tons are exported from Madame Harmston-Love's humano obfact who understood rabbar work and rubber grɔw. and is Excellency "Sir Frederick Logard'sing, whb an accountant, a typlit and a couple means easy. Taese were not the only dilically produced a d widely sold to various districts; and to get round that difficulty might be by no at about 150,000 tons, Kaolin is also abundant- gracious patronage, we should have liked to ses a larger attendance. Besides his Excel for gay Tls, 1,500 a month, the full staff necess mittee, If appsisted, to consider and report it is necessary to concentrate the transactions

of coolies for running chits, they would have, tles by any means. It would be for the com- though very little is exported. Accordingly, a teacy, there, waida prosent Major-General Au- dersed. Sir Henry and Lady May, Sir Henry

atpisu do all the work at the Shanghai and. upon all thesa ma'ters. He had great pleasure in these articles to achieve the prosperity of Berkeley, K.C., Hon, Mr, W. Roca Davies, and

The speaker next referred to maungement in in secondlog the resolation which, in his hum Dairen and Increase of profits of the South the Straits. He had no ider what Shanghai ble opinion, provided the only possible way by Manchurian Railway, the Government General a party from Government House. From start was paylag for estats managemant in the which any good could be done. to finish, the performance want with a delight Straite, but ka hnd basa told that about a dozen

an exchange at Dairen at which spot and time: Kwantung contemplates the establishment of fal vien and the spectators greatly enjoyed their or fifteen companies were paylag about Tia

ansactions will be engaged in life reported. experience, especialty & r. Wilden's supper in 'zga ■ month to 'agents down there-or about

that investigations are now being made for the the ilgers' cage. -

Tis. 300 or Tiê. 49,000 a year. Then

purpose and that it has been formally decided. To-morrow night there will be another me thate was a commission for shipping rubber

to establish the exchange in the form of a joint Alear riding contest

and other samm-salona deriyod from sup«

stock company.

CORINTHIAN YACHT CLUB,

OPINING CRUISE,

16:b jest,

Hart M. Koppel procesded to the platform and asked the audience to listen to a few words of bis bolors they passed any resolution. He was glad that bla cu gaition made by a letter in the N.C.. Nees to amalgamate Shankbai rub bor companies had been taken up to a similar

The Government Council, which, of course, consists of all the Grand Councillors, Grand Secretaries and Presidents of Ministries, la said to be discussing the parliamentary memorial with the latention of presenting their Bodlog to the Pricco Regent at general andlance an Thursday next, after which an Edict 'giving a definite reply is expected to be issued at uzce, in fact, on the same morning. The people are quietly awaiting the verdict, confident that at cast a substantial majority will be in their

avour.

".