1914-12-10 — Page 3

GENERAL NEWS.

New Colds.

A report in a Chinese paper says In order to have a uniform currency all over the country the Ministry of Finance ordered the Tientsin Mint to prepare three 'kinds of sample dollars. When they were submitted to the Pre- sident he chose one with a design of his own image in military uni- form with the name, of the Mint in the centre of the reverso side and the date round it. This sam-1 ple will be sent to all the Mints of the country.

Borneo Outrage. There was on extraordinary oconrrence in the European ward at Jesselton on Friday night, says the B. N. Borneo Herald of November 18, when Mr. Living. stone from Papar, who is presently no inmate, wasstruck over the head when on the point of entering his mosquito-bouse. Fortunately the wound was not serious, though Mr. Livingstone was stunned for the moment, but the author of this, outrage is still unknown. Though various theories have advanced, the mystery still baffles the authorities.

been

Death of Mr. H. W, Wood. News of the death of another old Singaporean has been receiv. ed by Mesara, Adamson, Gilfillan and Co., who have had a cable from London announcing the demise in his eighty-fourth year of Mr. Henry William Wood, one of the directors of the firm.

As

THE HONGKONG TELEGRAPH, THURSDAY, DECEMBER 10, 1014.

NOTICE

THE VICTOR VICTROLA

Call

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EXCLUSIVE AGENTS

MOUTRIE'S.

FINANCIAL HISTORY OF THE WAR.

The Cost of the War..

far back as 1884, Messrs. Adam. One of the most important son and Gilfillan, in conjunction faotora in the determination of with the late Mr. Wood, who, in the present struggle in Europe 1856, was

although,

Russia is spending even lees than Germany, although she has probably even a larger number of men under arms than the la ter country. The daily expenditora is computed to be £1,200,000, Austria, which has been suffering severe defeats at the hands of Russia, is reported to be spend- ing about £600,000 a day, Bel- gium, Montenegro, Servia and Turkey, the four other countries

000 a day. Thus the daily expen- ditares of the belligerent coun-

tries are as follow:-

clerk in the firm ie the cost of the war. About involved in the straggle, may of Symp and Co., and was also twenty million people are under roughly he put down for £750,- with Mesars, MoEwan and Co., arms,

of course, commenced business on their own countries like Holland, Denmark, account in Singaporsas in:rchants Switzerland and Bulgaria are not under the style of Gilfillan, Wood in the war in spite of the fact and Company. In 1901 the firm that they are fully mobilised. was incorporated as a limited. liability company and the deceased was on the London board of directors at the time of his death.

More Coincidence.

Russia

Great Britain "...£1,250,000. Froace ....£1,100,000 Germany *£1,800,000 ..........£1,200,000 Austria...........£800,000 Belgium, Monte- negro, Servia & Turkey 750,000

Britain's expenditure alone doring the first ten weeks of the war averaged about £5,500,000 a week; since then it has averaged Apropos of the rather curious 7,500,000 owing to the larger. play upon the names of Generals reinforcements in the field. The Joffre and French that we pub increase on account of war er- lished a few days ago, a corres-penditure up to September pondent kindly senda as a conpla 30 was roughly £66,000,000. of other similar connections be- Treasury bills were authorised If to this total the mobilisation tween names well in evidence just for £100,000,000 and four issues expenses of Roumania, Holland, now, which he has received from made; bai as it was found that Sweden, Bulgaris, Italy and Swit. Home. The firet is-

*KALISER. SEX VIA

and the other

KULTUR TURKEY

sum would not prove sufficient, authorisation for a loan of £350,- (000,000 was obtained and the loan has proved a great success.

A calculation made from the

Total

$7,000,000

zerland are added, as also ex. renses incurred by Japan and in the theatres of war in Africa, the total may roughly be put at £7,- 500,000 a day, or £52,500,000 a week.

There is an obvious objection

M. Paul Leroy Beaulien, the to the first of these, says the returns of the French Treasury eminent French economist and N. C. Daily News, tht there is shows an expenditare of roughly editor of the Economiste Francais, and we trust never will be any $1,400,000 a day. Teis may to last more than seven monthe, €10,000,000 a week or about expects that the war is not likely connection between Sorvia and(the German) Kaiser, but the second seem small in comparison with although he adds: "There is no is as curious as Turkey will live our own disbursements, consider-

economic or physical impossibility to find it deplorable. An arith-ing the relative number of sol- in a prolonged duration of the metical genius has also made diers supported in the field by the wer. If there are no decisive the wonderful" dircovery that we countries; but it must be re- military events, one may very well the total number of letters in the membered that the coat of the look forward to a war lasting names of England, France and continental conscript armies per aix months, perhaps longer." Russia is 18, and in Germany and head is much less than that of

the British enlisted troops. Austria, 14. Hence 1914,

Iron Ore Mines in China.

At a meeting of the State. Germany is reported to bo Council it was decided that, with spending £1,800,000 daily, a

a view to having independence though the number of her troops

Compared with the cost of the present war, the cost of the pre- vious struggles in history have been almost small. The Boer wor coat Great Britain about £200,000 a day, while the Spanish-Ameri

in manufacturing military is far in excess of that of France; can war cost etch belligerent a weapone, the iron ore mines of the here also conscription has cheapen similareum. The Franco-Prussian whole of Chiza should be operated the cost still more. In order war cost

each party about

ed by the State. It is understood to meet the war Germany first £800,000 daily, while the Rass:- that the decision will be promul- obtained authorization for a loan Japanese war cost only a similor gated as a mandate of President of £250,000,000, and the loan was sum, although a larger number of Yuan Shib-k'ai.

raised with only a pártial measure men were engaged on both sides, U. S. Army Estimates.

of success. This arm is now The effect of the war on the Wohington, December 1-Mr. known to be insufficient; hence, different countries engaged in the Lindley M. Garrison, the secretary it is being proposed to obtain present struggle, as also on

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of war, to-day announced his oredite for another £250,000,000, neutral countries, cannot bat be ONLY A SCRAP estimates for 1915 to the congres as the Government is afraid that harmful, especially if war is sional committee on appropria. another loan might prove a fail- prolonged. Besides the outlays are. In view of the fact that involved for the actual military

tione.

OF PAPER."

The estimates for next year for Germany has been, and still is, campaign, damage to private the suppert of the army and the in hostile territory with large property, trade and shipping The fallowing poem appeared in maintenance of the department bodies of troops, it may be our would mount up to large sums. a recent issue of the Los Angeles amount to $100,124,512, prising that her expences are not No country can escape indireas 7imes;---

Of.this aum $400,000 is naked more than £1,800,000 per day. loss, but some will suffer less than Only a scrap of paper, for the erection of new barracks This is explained by the fact that others. England stands to enffer Lasy to blot or read, for the quartering of troopa in Germany has been living on the least, go long as she is able to Simply a cheque on a nation's the Philippine Islands.

credit Backing the note of a friend; Simply the word of Britain

supplies of food, efo,, which were carry on her foreign trade without found in the places she invaded. molestation. Belgiam, on the Moreover she has been seizing other hand, through no fault of The total number and tonnage without actual payment properties her own, will suffer the mot. of steamers entered at Hankow of non-combatants. Technically, Only a comparatively small pert

Hankow Shipping.

during the quarter April-June of course, she has paid with of France is overrun by the Gor-

踔

1014 was 2,231 ships of 916,005" paper, which has no value man hordes; hence the damage

tens, an increase over the same for conversion into goods motil is not as great, an would have

bron

like

To Belgium given and signed That never a footho'd on Belgio

Boil

Shall foreign invader find.

Bat brave little Belgiam know

quarter of the year before of aftere war, Moreover, beor the case had the Allies not Only & scrap of paper !

requisitioning beaten back the Germans as eighty-four ships and 45,104 tone, the tas Ocean steamers increased by two upon ploss

Brüssele

Pariz. Russia's foreign trade is ships and 30,452 tons, the total of and levying indemnities. Such ickly as they did from near The

contract was signed with the

ink of honour

And every word rang true

pledge of an ancient giant

To stand for the small man's

right,

this class entered being 112 ships practices are, of course, extreme, not a serious factor for her great of 231,707 tons. Of the totally objectionable and have no refources, Only Germany and The entered, 38.3 per cent. were moral or legal justificat ; never Austris are likely to suffer the British 20.7 Jar apese, 26,1 theless, they have reduced the most, as their credit is being Chinese 68 German, 1.6 cost of the war to Germany, a atrained and manhood drained to Nor Russion and 12 Amerigan.

the moment.

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460

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