THE HONGKONG WEE
one
ince of Cavite
PRESS AND
27th March 1897
mercar
R.
the
one in the colony, he sweeping, coolie, whether in a Hce, who is not dvent of ships and alike-dependent on incomes, as also are property
of their property.-
P
THE PHILIPPINE REBELLION.
CAPTURE OF IMUS AND CAVITE BY
THE SPANIARDS,
We have been favoured by the Spanish Consul with a copy of the following telegram received from the Secretary of the Government of the Philippines •—
Manila, 25th March, 7.15 p.m. “Imus and Cavite captured by our troops. The Spanish flag was hoisted at the Church tower at 3 pm. Old Cavite on fire. Very important victory for us. More details will follow.
The telegram received by Senor Navarro, the Spanish Consul, respecting the capture of Imus and Cavite is ambiguous in so far that it leaves it doubtful whether it means that Imus and the town of Cavite have both been captured or only Imns in the province of Cavite. The original reads "Conquistado Imus Cavite bandera nacional onden torrs iglesia desde tres tarde," etc. On the one hand it seems improba ble that two such important strongholds should have been captured on the same day, while on the other hand, the position of Imus being well known, it seems unlikely that it should have been deemed necessary to specify the province in
his Holy Friar
of orders ST
bliss
Sonk
mor bir ven
and 1.500 until a tal there.
received at the Shan de last
notorious evil door, and for many years: abuser of the sanctity of doi hisparishioners, and it was the if not excusable, that triumph, should have wrecked on this spoiler of their happii to this, however, there are, short time ago, nine Spanish captives in the town of San Malabon, in Cavite province, who are with every consideration. The parish roh is assigned to them for their devotional ex ercises, and they are unmolested in any way beyond being prohibited from leaving the precincts of the town. Rrobably some of these have since been shot in retaliation for tho | continued horrible executions on the publie promenade in Manila, culminating in the assassination of the unfortunate Dr. Rizal, a victim to priestly vengeance and an outrage on civilization.”
:
THE SAIGON RICE TRADE,
According to the Courrier de Saigon the exportation of rice from Saigon during 1897 promises to be very heavy. On the 14th March there were seventeen steamers in the river loading with rice either for Europe or ports in the Far East and the rice cleaning mills are working day and night in order to meet the numerous demands made upon them during this quarter. The enormous arrivals of grain had not had the least effect in lowering the prices, which continue firm. At Cholon there are immense stacks of paddy waiting to be taken to mills and the shops, granaries, and sheds of Binthay are also gorged with the grain. The Chinese say that this is only the com- mencement and that in a month and a half the feverish contractors in the interior of the country will place mountains of grain before THE ALLEGED TORTURE IN THE the doors of the mills. So flourishing is the
which it is situated.
PHILIPPINES.
The Yokohama Box of Curios publishes a letter from a resident at Manila, in which the writer says:
"The following is i pany's accounts to annual meeting: Net premium $1,270,000; amount carried working to new account,
ha
has been
at cre payin
Withi followe
from
of thi
shares were quo $25.50, but on Monday the $15, at which sales were effected by a cared speculator, and those shares were snapped up by the short sellers who are anxious to cover the remaining short sales at about the pric and, if they are successful, the calenlation how much is gained is simple enough
1100
But what is asked and what we have voured to find out is, Did such information become the property of the little elique before it was officially made known, and if so by was it imparted ? The loss of money by the transactions, although serious enough to many is held by some to be insignificant compared with the suspicion of a breach of fidence, and it has been suggested that a searching enquiry should be made
and by Singapore as to whether, any information was forwarded to Shan The ordinarily shrewd Hongkong with its peculiar ramifications, its open etc., is regarded in these parts as being toughest nut to crack when either bulling or "bearing, but it pales before this present case. Shrewdness, foresight, or supe telligence are always to be respected among business men, but neither of these qualities is apparent in the case under review.
the
On being intervewed this morning with reference to the matter, the Manager in Shang hai was asked :
business that transactions are reckoned in mil- lions of dollars. Large quantities of the rice are destined for two of the important French ports. This state of things affirms the vitality and the astonishing progress of Cochin-China which will be able to double its budget and so reach, in six years, the sum of thirty million dollars, providing the ground yields as much in tain districts, such as Rachgia, have seen their information as contained in the telegram of the proportion as the rich western provinces. Cer-"Do you know, are you positive that such exportations doubled in three years, thanks to affairs of the Company was not know n so many contradictions, it is at least refreshing / the efforts of the Annamite cultivators. In Shanghai ten days, or any greater or lesser
time, before you issued the express
"Several home papers, and, notably, the London and China Express, have devoted lead ing articles on Spanish cruelty in the Philip pines, which the latter paper afterwards to a certain extent retracted as being one-sided, or, if committed, that they were reprisals for After oruelties committed on the rebel side. to learn from the last number of the London and China Express to hand that from reliable information received the Spaniards now acknowledge that, in order to force a prisoner
to confess, resort has had to be had to a severe whipp
ping with a rattan, but that the days of boot-jacks, thumb-sorews, and racks have gone by even for the Spaniard. Another writer, in the Hongkong Telegraph of 5th February last, further says: *It is affirmed here that the mish authorities are using torture in order
various parts of the country the natives are irrigating the land and the development has been really prodigious, giving an absolute it is to these regions, concludes the Courrier guarantee of an era of extraordinary prosperity. de Saigon, that the Government should turn their eyes, for it is on that soil that the fortune of Cochin-China will silently and without effort be built.
A BIG GAMBLE IN STRAITS INSURANCE SHARES.
confessions from their political pri- It is impossible to ascertain the truth this statement, but it is notorious that things
Shanghai, 18th March. done here behind the scenes upon which the What has been termed by some a deep laid Spaniards would not dare to let in the light of scheme of peculation has been perpetrated upon city... This being the case, both Mr. Da- certain Shanghai speculators by some person or and Alphia, in their reports to the persons believed to be "in the know" with Press, were not very far from the truth, regard to the workings of the Straits Insurance tever Mr. O'Shea whose virtue is cer- Co by which a large sum has been transferred not impartiality, and who is doubtless from purchasers who bought for clearance to with the puff - he received in the be made at the end of March, April, May, Comercio of the 22nd December last and June and who believed the stock to
ing article on his advent, and be dirt cheap, in view of rumours from Singa
ted into the China Mail, together | pore, Hongkong, and elsewhere that a dividend 1 attention paid him by the of 10 per cent. was to be paid out of the profits. General-may say to the contrary. Now the question has been asked and, as will josition to afirm that a very severe be seen below, answered officially: Was cer
tain information of the Company's : position received in Shanghai from Singapore ten days. before the same was made known to share holders P It is alleged that as, but only to
by the
erfora
zen to
avoured few who, profitin ledge, manipulated the
The scheme
and it ma
te it as we have
sve excited suspicion to sell short in
then
ently
He said "I am quite certain it was not,
and by
result of official inspiration. quite positive; and that it could received the telegram I issued it as an press. I received it three o'clock it was circulating amon” the public. There is nothing phenomenally un fortunate in the Company just one of those periods of
first clas
001
ally
heavy losses Con
skscommon to all similar undertaking! In Bup this assertion I may state that published balance sheets of differ showed the settlements were 37 the Straits 48 per cent for the Foreign Co.; 361 per cent. f per cent, for the Ocean; and 38 pe the Maritime, so that the Straits only shared the fate of many of the good con
panies.
Sin
Returning to the
from occasion
the:
the
On the
3T Gili
him $25 for contempt
On t
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