1911-05-08 — Page 4

Entinations.

A. S. WATSON &

CO., LĐ.

ESTABLISHED A.D. 1841.

WINE AND SPIRIT

MERCHANTS.

WATSON'S

E

VERY OLD LIQUEUR

SCOTCH

·

WHISKY A Bland of the Finest Pure Mall Ahiskies distilled in Scotland

07

GENUINE AGE

AND

Boveral silver dollars that are eurrout, amongst which we have the Mexican dollar, the Japanese silvor yon, the British dollar, &c., all containing about 9-10ths of puro silver, and much about the same weight, namely 410 grains, Troy. As the demand for Cash (curroney) increases or dimi nishes in the trade centres, so

tho

markot determines the number of Cash that shall go in exchange for a Mexican dollar or Japanese yon, &c.; at times the number of Cash to be given in -oxolange-for-a-silver-dollar hins from 1,000 to 1,200 or more, but na thoro aro

varied

L

dollars above named

moroly trado dollars, not minted in the Empire of China, but im ported by the foreign Banke, from time to time as may suit, and when conditions provoiling in the exchange markets of the Far East

THE HONGKONG TELEGRAPH MONDAY MAY 8 1911

it

it

វ

Messrs. Pisuisse and Blokzy, the two Dutch journalist trouba dours who now tour the world," gave two concorts in Shanghai Inst wook.

placo at Holy Trinity Cathedral, A very pretty wedding took Shanghai, on Saturday afternoon ing Miss H. W. M. Bonn and Mr, wool, the contracting parties be T. Sayle. The service was con- ducted by the Rev. A. J. Walker, M. A

THE SINKING OF THE ASIA

ques-

are favourable to the import of applios to the Japanese yon, Bri.fit-that power should only be 4. E. Locker, treasurer; Mrtion I should like to ask. Is it |

manu-

between China and the wostorn facture of sycco. In looking back

T.

the

HOW ARUNDEL FARED.

By the steamer Pekin, Richard

ALONE WITH PIRATES,

two extremes to which Chinese beon given, and it now only ro-

of the ourroney. The bars of the metropolis, where all standard silver imported into China from ourroney would be minted of America are melted and used in true weight and

fineness, the manufacture of this syceo. and boaring the effigy of There is little doubt that vast the Emperor, in the same

The wook has been a disastrous Arundel, the boilertender of the one for shipping circles or shall Asio, whose safety has been the quantities of silver sycoo exist in manner as our coins bear the

we say for insurance circles, for cause of so much anxioty during China, perhaps ample spread over effigy of the King. Assuming the of Chinese Customs, who was fairly old ships, says the author of hai on May 3, safe and sound. Mr. F. W. Manze,Commissioner both the Meifoo and the Asia wore the past week, arrived in Shang- the country to meet the mintage standard coin to be a silver dollar, formerly stationed at Tongyouh the Topics for the Times" in the Arundel is a slightly built York- of a new silver ourronoy, and tho of full weight and fineness, truly on the Indian frontier, has been "Shangliai Mercury." I rememshireman a plain son of the cen belief in some quarters that minted and reliable in every way, toms at Uanton, the commercial Benelutha, was wrecked before, unenviable position in which he appointed Commissioner of Cusber when the: Meifoo, alias the and he seems to have borne the China might have to make largo and that a given quantity were capital of south China.

A purchases of silver to meet the issued, it would then be practic-

She was bought as she lay by was placed with no little equani- currency reform, may prove to be able for the Government Bank to

Farnham & Co. for an old song, if mity. He has certainly come erroneous. China has been for issue notes of various donomina-

her in two, longthened her, and these modern days, and so none I remember rightly. Thoy out through an experience which in many years manufacturing this tion the circulation of which would

out of the wreck of a sailing ship to a civilized community, is to sycos silver, and practically it be supported and guaranteed by

which they gotagood price. The has done so without injury, in made a brand new steamer for some extent unique, and that lie. forms the bullion reserve hold by a bullion reserve of such dollars.

Asir, alias the Doric, was an old view of what was happening the Native Banks against pro-

The Government of China hav-

Atlantic groyhound in the days around him, cast as he was on u many different kinds and missory notes, to, and is the only ing, we will say, accomplished so

when greyhounds made not more be thankful for. His adventures piratical island, is something to weights of Cash, in the many tangible modium of value that the much, attention could then be

than 15 or 16 knots. “Alas, poor provinces of China, so the number

Rice is so doar in Hainan that Doria! I know her woll, Horatio. have lacked the exciting quality. Lurned to the copper and sub- country may call its own as re- to be given in exchange for a sil-garde silver currency; of course sidiary silver curroney. This mere have no money to buy. In excellent fancy. She hatis borns similar episodes in past days in business is suffering, as the far- A vessel of infinite zest, of most which has characterized so many ver piece varios. There is no is understood that the Mexican takeh coinage could be adjusted Kachak, dollars are hard to get me on her bault five thousand China, and to a sound common standard coin in China, the silver dollar is current in China, but whatever way would best suit and cash almost equally so.. In miles, with gibes and gambols, senso, nel led him to seek the

and may be chopped and defaced and the provincial Viceroys or premium of one to one and a half flonies of being is nevertheless an imported coin the requirements of the people, the port (Hoihow) cheques on quips, and morriment. Where be protection of two rospectable Ohi Hingeing banks are still at a they now? Where be those nose traders in what may have to any extent whon it finds its way

wit and

boon for him a moment of great mirtli into the scale as so much vinces could be consulted ro

Governors of the different proper cent.

that were wont to set the table danger at a time in fact when in a roar? Teel weight of silver, or is regarding the matter, but not

Nono left he was alone with the pirates who

to The following gontiomen havo send one single bubble from be- were looting, the Asia-he pro- legated to the melting pot in the permitted, as at present, to been appointed officers of the low. This, with all possible bably owes his early release from manufacture of syceo. The same coin whatever they might think Shanghai Rifle Association:-Mr. apologies to Hamlet. One a harassing situation. silvor, which conditions are large-tish dollar, &c., a large numbor vealed in the Imperial Ges II. U. Aldridge, A. D. Lockeyer, the shooting we hear of was pro-wreck of the Asia is completed. Kingamill, secrotary; and Messrs. not possible that, from probable With the arrival of Arundel in: ly governed by the course of trade of which are used in the

lack of somebody to speak Chinese, Shanghai the full story of tho vornmont Mint. The indis- A, C. Crighton, H. W. Daldy, W. criminate minting of all kinds of Brand, J. T. A. Zi, J. L. A. Chile

maturo? Lask this knowing well The other details have already FINE MELLOW countries. Such then is the pre-over a number of years it seems a

subsidiary coinage by provincial | will form the committes. FLAVOUR.

sent status of the monetary pity that advantage was not taken authorities has worked incalcul- method of the Chinese people, to make the British dollar the able harm in the past, and we of the North-China Daily The Wuhu correspondent. but there is another important standard coin of Hongkong, at

have at the prosent time a striking News" reports a change of Robert Porter & Co.'s factor which must not be lost the samo time declaring the example of this in the adjoining Consuls. Mr. Combe has been BULL DOGtion. It is what we might term sidiary coinage the only legal

sight of in doaling with the ques British silver and coppor sub-There are two conditions in ourson has como. Mr. and Mrs.

province of Kwantung.

transferred to Canton, while Mr. an attempt to form a money tender in the Colony. The Can-regard to the reform of the and will be greatly missed. They Combo wore woll appreciated hero eta lard by means of a weight Tael woight of 717 equal currency in China which are take with them the best wishes measure, or Tael weight of silver. to 1,000 dollars is a relic of out which nothing we think to Mr. and Mrs. Pearson a hearty absolutely essential-and with of their friends here. We oxtond This Tool weight in the Can the old days in South China;ean eventuate for the bottor-/welcome to the port. 1on and southern provinces in and should have been abolished ment of the corrupt and do equivalent to about 580 grains long ago as far as this Colony plorable state of affairs under Troy, and is largely adopted as is concerned. Hongkong would which the country is labouring a molium of account amongst have done well in the past to have with regard to anonotary matters the Chinese merchants, but un- fortunately

fixed on a standard coin as the thero are many different Thol weights in the monetary unit, and to have declar- various cities in north and ed all chopped Mexican dollars, south China, so that tho Canton Japanese yen; do, not legal Tael, Kuping Taci, Haikwan tender. If this had been done Customs Thel, &c., only add to the much of the present day currency currency chaos, and still further trouble would have been avoided;

it is complicate matters. There hins

now rather late. in been in recent years a large

the day for Hongkong to quantity of copper coinage minted nako

& BLOVO seeing that Cable Address: Telegraph in China which is used by the China is about to reform, or people in their everyday business rather inaugurate, a ourroney

Should the Chinese Govern- in conjunction with, or inter-system of her own.

Should this mont adopt such a course as above changeable with the cash alluded

idea of our Chinese friends be

suggested, it is a pretty sure thing carried out successfully, then we to above. Silver coins of 20 conta

to predict that the new currency must in all fairness admit the new scheme would be attended with (1-5 of one Tacl) and 10centaliavo also been minted, but as al-

currenoy hors seeing that we have success. Countless pieces not up go put aside all ideas of to standard have been coined in reform outsolves, and have for the provincial mints of China. yours past been content to romain. supporters of about the most cor- existed in any country, since timo rupt currency systent that has inmemorial,

BRAND

GUINNESS'

STOUT in PN18 and SPLITS.

SWATSON &

C. LD. ALEXANDRA BUILDINGS. Hongkong, 7th July, 1910,

[18

1 he object of this paper is to publish correct information, to serve the truth and print the news without fear or favour.

P

Hongkong.

Telephone: No. 1.

A. B.C., 5th elition Western Union

THE

Honghong. Telegraph

Kozakona, Mosnay, May 8, 1911.

reatly said no standard silver coin prevails, without, which there can bo no stability in the local exchanges in Canton or any other city of China. It is interesting to note the quotations contained in the daily papers Chinese sub-

In the old Roman days the

naturo may go on such occasions.mains to relato his talo. Tho ingly, the pirate being in law and was occupied in shipping the the piratical one, and act accord Sunday morning, and that day Most people know only the ons Asin went on the rocks ou the custom "hostis humani generis." passengers and crow off, first to The other extreine is one full of the island and then to the steamer just as well to remember that this boat on which Mr. Cousins, the the milk of human kindness. It's Shachsing. Arundel was in the being gone, America is one ship the quartermaster, left the ship, also exists sometimes. The Asia second engineer, and Mr. Miller, the poorer, a matter which she can along with them being two Chin- standing all the honeyed task From here the boats tried to make ill afford. Her people, notwith-ose sailors and a Japanese boy. from Tokio to Washington, will the island, but since morning a go on discussing what is likely to heavy mist had spread over the P.ALS. Mongolia on April 30th ancos, boing wireless, pass over the Among the passengers who happen when the "inevitable" was Mr. Siditoy Ball, Senior Tutor hoads of the San Francisco people

sen, obscuring everything. In this arrived at Shanghai on board the arrives. The diplomatic assur- predicament the occupants of the

of St. John's College, Oxford, who and all who think with them, with should be under the control of holder of one of the A. K. Travell-

FirstlyThe Imperial Mint is travelling round the world as a the result described by Caesar,

They pasa by mo as tho idle competent foreigners appointed ing Fellowships. Mr. Ball has wind, by the Chinese Government.

visited Bombay, Singapore, Java, Saigon, Hongkong and Canton ment of notes, and bullion reservo Japan. From there he will

Secondly:-The issue depart-and will now have arrived in hold against same should be under ceed to the United States for the control of compotent for-

somewhat lengthy stay. signers-appointed by the Govern- ment

at the moment,

This must be discontinued if the country would have a reliable prevails in other countries. The and honest currency such as

temptation for Government to make inordinate profits-from the

LAWN TENNIS.

pro-

a

Kowloon, on Saturday, the K.C.C. On the Wigwam Courts at met the ground team in the League competition. The K.C.C. won by 61 games to 38. The that named players in each following are the detailed scores, case being those of the K.0.0.

Messrs Konnett and Childers 0-2

Messrs Fowler and Green beat beat Messrs Jefferies and Wolfe 9-2; bent Messrs Fittock and

Braudtmor 6-5.

Messrs. Abraham and van Doldon beat Mesars. Kennett and Childers 8-3; beat Mesars.

Which I respect not. Californians go on quoting Bis- hop Berkeley's well-worn line,

Westward the course of Empire takes its way.

It I were a Californian, I should begin to realise that while that line has served admirably for the last 200 years, it has nearly reach ed the end of its usefulness for the of California!!! western races, for what lies west

FRIENDLY ACT BY

boat were glad to meet a funk, and in this they were taken ashore. Having spent the night in a hus on the beach, the small party tried to convey to the islanders that they wished to be taken back to tho steamer, and as the latter made.

preparations to go off in sampáns the foreigners thought that they would be taken to safety. While five of them were put into one sampan, Arundel entered the other, and the boats pushed off. It was hore that the adventuros of the unfortunate man began. The sampon in which he was placed alone made for the wreck, and in spite of all he could do to persuade the men to carry him to the Shaoheing, the fishermen took mous reports concerning the wreck the boat containing Mr. In view of the almost unani- started to loot. On the way to the him straight to the Asia, and there piracy of the fishermen it is of Cousins passed within a short dis or two instances, at any rate, and though the latter signalled some interest to note that in one tance of that in which Arundel was, assistance was rendered by the and shouted to them he was un- islanders. One of the seamen, of able to attract attention, and the Asia who was in a boat that within a few minutes he von was lost ovornight stated in con- alone with the islanders. These versation with a reporter that the fishermon did ing, but all at once they desisted Mercury lost no time in the work of loot-

CHINESE.

CURRENCY sidiary coinago 7 por cont: prorogative of coinage was vested minting of silver-must be over- Jefferies and Wolfe 7-4; boat their best to help them. They and made for shore. Their hurry :

PROPOSED

REFORM IN THE CHIN-

EMPIRE.

discount, which in reality in the state and coins bearing the means "Wanted a standard." 11 f standard dollar coin wero decided on

by

tion of which is to be used for the eso

yon grains

the

Emperor's effigy wore regarded as next to sacred and their deface- ment meant severe punishment to

come Before the Chinese Govern- ment can hope to carry through this much needed reformation of curreney. On the coins of the

molto, "In Deo fideunts" That

motto could never last slamp- од coins of unreliable

od

Messrs. Fittock and Brandtmar 7-4.

1

Mesars. Rose and Chee lost to Messrs. Kennett and Childers

KOWLOON CRICKET CLUB'S 5-6; lost to Mesars. Jefferies and and Brandtmar, 5-6.

view of the International Loan of the Canton Tael weight, that coin such an offence against the Crown

At the prosent time, and in Chinese Government, based on any citizen who was convicted of United States will be found the Wolfo 5-0; lost to Messrs. Fittock lost their bearings the crows of of tact at that moment a boot lind ¤. §50,000,000 which has recont would be about the weight and Nowadays wo open the nints of ly beon concluded with the Chin- fineness of the former standard British. Tadia to free coinage ose Government, the Jarger porailver coin of Japan--the Japan and the operations of the specula mintage--it is the honesty of in the first round resulted as

416 Troy tor in silver; happily that has reform of the Chinese. currency, 9-10ths fine and it is not now been rectifie it will no doubt be of interest to improbable that

and the purpose in such matters that the n standard mony to read something concern- coin

their comrades. In the case of currency system of India to Chinese, Government must first of this woight aud ing the prosent currency system fineness may be decided by the

day ranks with, and is as sound learn, and which is absolutely (or want of system) prevailing in Chinese Government, as

ne any in Europe.

necessary in the currency system China, anil how the system may; monetary

It would not be a difficult mat-

of all countries, and, without unit, ter, if honestly carried out, to put

which no coinage can ever bo a

standard

the

success.

▸

HONGKONG DAY BY DAY.

doing good business in Shanghai. The Bandnaann Company are

month,

Britisingur.boats at Chungking held their annual sports last

TOURNAMENT. In the Championship the games follows:

Mr. Brawn beat Mr. Sedelius 6-4, 3-6, 0-0, 2-6, 6-4, *:

SECOND ROUND. Mr. Mead boat M. Eggerts 6-2, 7-9, 8-0, 2-6, 7-5,

SINGLES A CLASS.

· FIRST ROUND. Mr. Rose (owes 30) beat Mr Fowler (owes 33) 6-4, 6-3,

Mr. Abraham (corate) boat van Dolden (owes 15) 6-4, 6-2. .

B CLASS.

FIRST ROUND."

be reformed, and brought into a (717x580 -1000; or 717x580 China on a sound and satisfactory ́modern monetary condition, lav- 1,000,-415.80 grains.) In any monetary system, bocause, aa ing an unit of standard, which cason standard coin would be fogal tender throughout on the weight of the Canton coin, either silver or gold, in exie- based above stated, there is no standard the Empire. The monetary concurrency Tool would be intence at the present tinio, and ditions at present provailing in necar with the Mexican dollar; therefore no opit to be displaced, China are so chaotic as to be al-¦ which, has been current most beyond description. The China for a number of years, cal expression.

inor demonetised, to use the leotani-

Mr. Railton (owcs 15.8)-beat real currency of the country con- For very many years the Chinese first of all would have to be Sycoo silver sists of Cash made of brass or a have been in the habit of making deprived of its power as legal

Mr. Jack (receives 6,6) 6-4, 4-6, 6-3. mixture of metal, roughly cum payments for largo sums in what tender, and forbidden as such

Mr. Brett has a walk over from pieces, usually having a hole is known an sycco. This sycee by law. It would be necessary to

Mr. Carey. in the centre, so that they can be silver is in the form of shoes. A have a Government "Bank of Shanghai Zlowing Club will take Curwen (owes 2.0) 7-5, 6-1.

SECOND ROUND, The 8ping regatta af & tho Mr. Brown (owes 16) boat Mr. strung together for convenience certain fiuenoss of silver is pre-China" with the head office at place on or about May 274 Mr Williams (owes 2.6) beat in handling large quantities. pared and then cast into rough Peking, and branches at all the Mr, Arthur. D. Taylor of Chusfor 69, 0-9 These pieces in the various pro- ingote, which iainaking payments important cities of China, has been admitted to protic

Key to day Mr. Blackburn (owes 30) 5-7, vinoes have an ever varying are taken by weight. This of course working in conjunction with an the United States Court, market value in relation to the further adds to the confused stato Imperial mint established only in China. - -

AGr. Annesley (awes 15) beat

(ower 15.3) 6-9, 84

up,

and the man were able to join

•

were forced to abandon their to be off is easily explained, boats-two of which wore in com- Arundel saw nothing to cause pany and they were taken aboard them to leave so hastily, but evi jumk, the crow of which treated dently the fishermen saw a foreign

voured to take them there. She looking for the missing man, and them welland hospitably. Having boat approaching. As a matter the boats were anxious to return been dispatched from the Ame to the Asia, and the junk endearica Maru with the object of

day the boats were again picked plunder. was, however, an indifferent sailer it was this that had made the men and was unable to do this. Next so suddenly cease their work of

A HOUSE OF RETUGE one of the men, the fishermen

Book to the shore they went, food. He had been 24 hours lized that he was to soins extent took him ashore and gave him and now Arundel must have reg-

without meat, and was very gleda prisoner in their hands. When to make a meal of eggs, which they landed he was not allowed to they prepared for lim,

leave the sampan, and whilet The Chiuose crew were unable the men were stowing the to speak to the islanders on ac-loot ashore one of the crew and count of the difference in dialect, a villainous looking gang they but it is stated that a Japan-were-pushed the craft out into ese member of the steward's the water. Here it remained until

one party hard to bargain with the lind no chance of escape. The staff understood their lingo. It the pirates were ready to proceed has already been announced that on board again, and so Arundel islanders to be put on board, the second visit to the Aain lasted for Amerion Mard, and through the two or three hours, and on this Japanese an offer was made of two occasion the marauders were or three hundred dollars. allowed to continue their nefaris' While the piratical nature of ous work uninterrupted. To the fishermen's conduct has been wards, evening they it will be seen from the above that saw a alight ho established beyond any question, once more, and now in one or two misos Inmanity And from this unpleasan

endiness prevails, and though He feared are these instances seem to he

curred tow and

Bhore B

Wort of mation