THE
Hongkong Weekly Press
VOL. XLV.]
AND
China Overland Trade Report.
CONTENTS.
Epitome of the Week, d....................... Loading Articles: --
HONGKONG, THURSDAY, 11TH MARCH, 1897.
....................173
The West River and Lekin Questions ...............174 The Postal Subsidy ............................................
It is reported that Mr. Min Yang Wan is to be sent to England as Special Ambassador from Korea to offer congratulations upon the 60th anniversary of the coronation of her Majesty Queen Victoria.
A banquet was given by the Chinese com- The Increase in Telegraph Rates.....................175munity of Honkgong to H. E. Wu Ting-fang, Education in Hongkong and the Forward Move- the new Chinese Minister to the United States,
ment in China
on the 5th March. A large number of
The Bituation in Korea
175 176
..176
Great Britain and Russia in the Far East176 European guests were present.
The Meingoon Prince.......
The Shanghai Chamber of Commerce and the
Light Dues Question
Mr. Lowder and Miss Jacob
Supreme Court
Fall of Concrete Blocks on the Praya
Indian Famine Relief Fund
The "Glamorganshire" Ashore
The Rebellion in the Philippines,
Hongkong Cricket Club.....
Banquet to the Chinese Minister to America .... The Hongkong General Chamber of Commerce Mr. Granville Sharp on Money.........
The Hongkong Rope Manufacturing Co., Limited. The China and Manila Steamship Co., Limited Royal Hongkong Yacht Club
Hongkong Golf Club
Sir Robert Hart has sent und a circular to the Commissioners of Customs at the various 176 ports, instructing them to begin preparations for the representation of China at the French .178 Universal Exhibition in 1900.“
177
..I79 ..180
.180
..181
.186 .190
No
It has recently been discovered that the bodies of Captain Laing and the others of his boat's crew who were drowned from the British cruiser Narcissus near Groomvitcha Bay in September last, were shortly afterwards found thrown up by the waves and were buried by some Japanese sailors.
-
The Bill providing for the conversion of the currency system from silver to gold was sub- mitted to the Japanese House of Representa- tives on the 1st March. It consists of twenty articles, and it is proposed that the change Bill to provide machinery for keeping a special should come into force on the 1st October. A account of the fund for adjusting the currency has also been submitted:
According to Shanghai native papers the 180 Taungli Yamen is to be remodelled under the
In the course of a lecture delivered before name of Waimu Yamen (Department of Foreign entitled "A glance fore and aft," the Rev. Dr. the Shanghai Literary and Debating Society, Affairs). Prince Kung is to be the President, Martin expressed the belief that, contrary to ...184 assisted by Li Hung-chang and Wong Don-su. the opinion of many, a hundred years from now It is understood that at the annual general would still see a scion of the present dynasty 190 meeting of the shareholders of the Shanghai | sitting upon the throne in Peking. He also
Waterworks Co., Limited, to be held on Mon-expressed the opinion that the yellow race wa day, the 22nd instant, the Directors will recom- mend the payment of 25 shillings per share as a final dividend for the year 1896.
.191
..191 ,191
The Vindication of Miss Jacob Hengkong and Port New................................................................................................19% Commercial Skipping
BIRTHS.
.193 195
On the 3rd March, at No. 9, Morrison Hill Road, Mrs. A. BUNJË, of a son.
[589 At Cameron Villas, Peak, on the 7th inst., the wife of A. Boss, of a son.
[626
DEATH.
At 12, Nanking Road, Shanghai, on the 5th March, 1897, R. W. CHOAL, late of R. S. Ariel, aged 52 years.
ARRIVALS OF MAILS.
The American mail of the 2nd February arrived, per O. & O. steamer Gaelic, on the 4th March (30 days); the English mail of the 5th February arrived, per P. &. O. steamer Rosetta, on the 7th March (30 days); and the German mail of the 8th February arrived, per N. D. L. steamer Sachsen, on the 9th March (29 days).
EPITOME OF THE WEEK.
We hear that the West River is being buoyed preparatory to its being opened to steam
avigation:
Regulations have been published for the com- pulsory sale of land required for the Shanghai
oosung Railway.
he Yokohama Epecie Bank is making in- tions with a view to establishing an
at Singapore:
i
It is reported that arrangements are being made to turn the Astor Hotel at Tientsin over tos Joint Stock Company, for the sum of Tls.
115,000
has
Govern
Echo Macaense a telegram|
isbon stating that has been appointed the new
The following telegram was received at Shanghai from Tientsin on the 5th March :- Weather mild, ice rotten and breaking up, clear water outside the Bar to Tongku. Two steamers from the South, the Indo-China S. N. Co.'s Taksang and thẻ China Navigation Co.'s Kalgan are here. Tugs and lighters are un- docking this evening.”
It is reported from Peking that the Imperial Government have decided to order four more armoured cruisers, two fast eruisers, and several torpedo destroyers, English type. China will not order any large vessels of over 10,000 tons, as she has neither harbours nor docks suitable for them. The programme for some years to come will be to order vessels of 8,000 tons or so.
28
An Imperial edict has been telegraphed to Canton to the effect that H.E. Chang Yan- woon has been appointed to proceed to England a Special Ambassador to represent the Emperor of China on the occasion of the celebration of the Diamond Jubilee of Her Majesty the Queen, The Ambassador is Vice- President of the Board of Revenue and was. formerly Minister to Washington.
Judge Mowat, who has been visiting Naga- saki on official business, has contracted a severe
illness since his arrival there, and his physicians have ordered him a season of perfect rest and change. Undoubtedly, says the Shipping List, the very heavy strain of the Carew trial ma-
destined to overspread a large part of the habit able globe, and believed that there were many portions of the globe which would be better colonised by the Chinese than by any other race, mentioning particularly the continent of Africa.
The Emperor has sanctioned the Imperial Bank of China under the following condition as recommended by the Tsungli Yamên's report on H.E. Sheng Hsüan-huai's memorial on the above. Name in China to be “Imperial Chinese Bank of International Commerce," but in
Enrope and America, where there will be also branch offices in the capitals the principal Powers, the
name will simply
be
...
筹备 the
Imperial Bank of China. " Capital to be Tls. 5,000,000, with power to increase. Only half is required at the com- mencement. Of this H.E. Sheng, who is also to be President of the Board of Directors, guarantees Tls. 1,000,000, to be subscribed by shareholders in the China Merchants and Chi- nese Telegraph Administration. The rest the Board of Directors (to be twelve in num- ber) will guarantee another Tls. 1,000,000. The balance of Tls. 500,000 to be offered in the principal cities of the Empire and to be subsoribed by Chinese only The head office is to be in Shanghai, and will have at least three Managing Directors, and will be opened at the same time as the branch office in Peking, early next April. The Hongkong and Shanghai Bank will be the model of the new Bank and there will be a large and respo staff of foreigners in the Treaty port foreign capitals. The Bank will be giv privilege of issuing, notes, coining resting Government deposits, and trans taxes from the interior to Peking After interest at the rate of 8 per cent. per to shareholders, a certain propo paid in the shape of bonus to Di staff, and to form a reserve fund. balance, 20 per cent will be pai the Government in return for the above privile among the shareholders. to be published » after th
that date wills the interior to apply for nel for people ShanghaiNG D
terially contributed to causing the Judge's present indisposition, from which it is most sincerely to be hoped he will make a speedy
recovery.
A fire occurred at the Tientsin gas works on the 9th February, and fears were entertained that the town would be left in darkness at night, but fortunately this was not the case, The fire occurred in the purifying room, and was localised there, and as the tanks contained a sufficient supply the gas was turned on as tisnal in the evening. The purifying apparatus was restored to working order the same night and the damage only amounted to about Tls, 250.
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