May 21, 1896.]
CHINA OVERLAND TRADE REPORT.
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421
competence of the Chamber to deal with, it impose regulations enforceable only upon | THE RUSSIAN SCARE AT CHEFOO... if it thought fit; the mistake lay in the fact British shipowners, who would thereby that a letter was addressed to the Government be placed at a serious disadventage with the
The scare raised with reference to Russian by the Chairman which there is now numerous competing vessels of other nations, action ni Cucko resolves itself into a case of reason to believe did not accurately express and that even if the regulations were ne-
much ado about little. It is an ordinary the views of the Chamber. Arrangements cepted by all other Governments, inclusive
caso ul di puted ownership of land and have now beende for obtaining the views of China and Japan, they would inevitably there is no reason to suppose that justice of the entire British community, so that become inoperative against all but British Will not be done in the matter.
The parties it was not necessary for the Chaniber to pass
vessels. That a necessity exists for the Who clim that their vested rights have any formal resolution on the subject at the regulation of the passenger traffic, however, lecu infiingel upon no doubt find it unpleas meeting on Wednesday. It will be noted, there can unfortunately be no question, and
1 to have such a dispute forced upon them, however, that Mr. WHITEHEAD, not with the way to bring it into exishme would but disputes of an analogous character may, standing his deprecation of the introduction ¦ be to endow the proposed Who are
and we believe are not wilikely to, arise even of political questions into the Chamber, did poo Conservancy Board with the requisite in connection with the Praya reclamation in not refrain from discussing, and discussing power, that the regulations might herownrdley. In the Chefoo case the parties very sensibly, the question of sanitation; made applicable to all vessels alike so for as to be dispute happen to belong to different and the Chamber must be held competent to the port of Shanghai is concerned, which
thalitis, so ist diplomatic action be- pass resolutions upon any subject that it is would mean bringing under control pro- romane la bust 15 for its adjustment, but it is competent to discuss. The whole question of bably nine-tenths of the whole passiger the exercise of political functions by the trade of China carried in ves-els of foreign Chamber resolves itself therefore into one type. To legislate British shipping cat of discretion; where there is any other the trade by imposing upon it onerous re organisation to deal with political matters the gulations not applicable to the shipping or Chamber will naturally be glad to be re-other nationalities would da ta good, is the lieved of functions that do not properly trade would go on under the same gui belong to it; where there is no such organisations as before except that it would be tion it must itself do the best it can;
under other flags; lait, legislation for the long as it has to elect a member of the safety of passengers thắt wight afte⠀⠀ the Legislative Council political considerations nationalities alike world be battlin can never be entirely abscut. If an election every respect. With the st were to take place next week and two can- didates offered themselves, one an advocate of the Sanitary Board and the other an opponent of that body, we venture to say the election would hang principally on that issue.
but so
A CONSERVANCY BOARD FOR THE WHANGPOO.
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a Conservancy Bard et Shanghai all- might possibly be brought about.
THE BANK RATT. OF INTEREST,
1
At the annual meeting of the Chan ad Bank of India, Australia, and Chim, the Chairman remarked that the total my fa the Further East was barb ver for banking accommodation. For th 11: At the annual meeting of the Shanghai mera, however, that tejdeg some ta General Chamber of Commerce a good deal be arrested, and the e was said about the necessity of forming ruling in the retive market at a Conservancy Board control the have of late been every thinly h`ch. navigation of the Whangpoo. Mr. HEWETT, fact seems to be that the pleth an the agent of the P. &0. Company, in the which prevailed sme time a course of his interesting speech, said he relieved by the demand which i thought most of those engaged in the ship- / connection with the establ. a. ping trade of Shanghai would agree that it was advisable the control of the river should be in the hands of a Board with authority to issue such regulations as might be con- sidered best to minimise the risk of accident and also with power to enforce their obsery- ance by all vessels of whatever class or nationality visiting Shanghai. The Harbour Master las, it seems, drawn up rules which if only strictly adhered to would go far towards meeting the want, but there is no authority to euforce them and in many cases they are ignored. The recent disastrous collision at Woosung, resulting in such terrible loss of life, was mentioned by Mr. HEWETT as one argument in support of the demand for a Conservancy Board to regulate the traffic on the har. The Court of Inquiry held to investigate the circum- stances attending that collision was of the same opinion. The primary object of such a Board would be to enforce pilotage regula tions and the special rules of the road to be observed, but it ought to have power also to enforce the provision of adequate life saving appliances on all vessels carrying passengers and to prevent overcrowding; in
ul.
trial enterprises at Shanghai. Duh long period of depression, akik exi. Til banks, in order to place them.lv tion to meet any emergency, ao pia ha and gave attention to gettin, their f as liquid a state as posible. The that when the depression: j; tutions were left with their ir flowing with realy tech, for which at moment there seemed i a las ma The rate of interest was arcordingiy from seven to six per cent, ta demand and for a time it was believed th this would soon be followed by a úml reduction. The general the in th... of stocks, the more liberal credit on and, especially, the deneral for in connection with new industrial vi
have, however, terprises at Shanghai, relieved the banks of their surplus funds, and, instead of a further reduction in e rate of interest taking place i future, it seems more probable that the stringency which has lately 1. de in the native money merket may be relleged in the foreign market, though not extent, probably, of necesitating any in- crease in the rate of interest. The lanks
19
lf t
to the
Rizla ).
thar a mistrke to elevate it to the dinity of sa international dispute. Russia ove taking a province or a mid he wantelit—we frequently do so to suspect her of wantonly opriating a piece of privately owned and turning out the rightful pro
ts absurd as it would be the Czar of pocket picking. ekiming to be the owners of 11te are able to prove a good the. the Chinese authorities disp of it there can be no ill be allowed to retain pos-
is
IE CUSTOMS ČEVENUEA ND THE
FOSUME CE TRADE.
farmericeathe?hinese Customs revenue
the two day
the
A
ed in this column a short time mon-spension of the revenue pro- it the increase in the value of neunted for by the rise which ee within the last few years in at descriptions of merchan- nty is calculated only on the ther consideration enters tion, however, and when to this it will be seen still i thu te is no nomaly in the immering with a stationary AN GHIG, There are many vich are now imported alis quintities, such, which in 1886 only in value and which in {T-. 15,022,000, whilst 156 was not of sufficient Chunette in the returns,
ijeme të dhe value of Tlɛ. 1,465,000. The big stof day fice goods in the tariff dev-luc of nede lut yields nothing
14:
TOVCHIDC.
AN OFFICIAL OK UNOFFICIAL
SANITARY BOARD?
TOLL OF THE BRITISH RESIDENTS.
16th May.
Yesterday ett-rncon. at 4.30 prompt, voting in the pits pel commenced, and to- night the pin of British subjects in the
chay racemale constitution of the Sa- miamy Board ile definitely known. Un- like ita: elect there is only one issue in
the present es
A that is not one which
peut any difficulty whatever to the electors. Thue simply is, Shall the sanitary affairs of
a word, to have the same control of the pas would be luth to take any stop in thu 'the colory be left in the hands of an official
senger traffic to and from Shanghai that the Hongkong Government has over the passenger traffic to and from Hongkong. It will be remembered that some months ago there was an intention of passing legislation for the control of British ships engaging in the
trade passenger Chinese ports, but it was urged with much force that there were grave objections to legislation of a character which would
at
direction as long as they could avoid it, for on a previous occasion wiinterest was reduced and then raised age. quences on the stock market woolen.
ii
ud il We (N. C. Daily News) und i Chinese Government has givenrler cruiser and two torpedo-catchers to the itter Yard, Stettin, through the agents of Mr." of Essen.
"ere
majority, or shall they be placed in the hands of an unofficir. majority and be adequately con- tred by them? Judging by the keen in. terest taken in the voting as soon as proceedings ecmenced yesterday afternoon the poll is Hely to le a pretty heavy one, and in the course of two ers three hundred persons recorded their
29. The ballot is of course alsolutely secret, so that the opinion of British subject on the question will be ascertained in the safest possible manner. All
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