The-Hong-Kong-Weekly-Press-1900-10-13 — Page 13

Hongkong Weekly Press AND China Overland Trade Report All

October 13, 1800.1

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are too much, wrapped to give the, ceaseless at- interests required in a like Japan, where energetic, efforts are made to get rid of competitors in their markete. The merchants must combino

CHINA OVERLAND TRADE REPORT.

TRIAD SOCIETY.

TO THE EDITOR OF THE DAILY TRESS,

Kwai Shin District, Kwangtung,

6th ctober, 1900.

UNION INSURANCE A

OF CANTON

The ordina

in the Union Limited, was

Buildings. M

trive to secure a pressure on the Foreign SIR-We are not Boxers." We are mem-faces, Queen Office that will compel attention to their re- ber of that. Great Political Society of Masons, | presided, and there were also presentations...... They ought, for instance, to be commonly known as Trinds (AK or R. I. Richardson C, 8. Sharp, G certainly of compliance) to tako instant rotali- TA= 會地天) when senior and (directors); W

able to ask the Imperial Government (with a

+

Saunders (eerst

atory action whenever and wherever an attempt junior leaders at home and abroad have sworn to Koll, Ca Playfair, H&W Blade K

oust barbarons Manchu usurpers from the throne of our Fatherland, and reinstato a Chinese ruler.

We number countless millions, and our able brethren in America, the Sandwich Islands, Australia, the Straits Settlements, Siam, Indo- China, the Dutch Archipelago, &o., are only waiting for the " Grand Signal

D Goddard W. Hutton Potts, C. Lane, AG Morris, JN Goos mann, C. H. P. Hay, CMG Burnie HJ M. Carvalho, J. A. Carvalho and Az binke**

The SECRETALY read the notice convening the meeting.

The CHAIEMAN "mid Gentlemen, before proceeding with the business of the meeti wish, on behalf of the Directors, to express the sorrow that we feel that Mr. Dalrymple is no longer with us. He was Chairman of the Board at the time of his death in April last. He had been a director of the Society for more than a quarter of a century, and his opinion on matters History will repeat itself, and in working to connected with the Society business was always accomplish what our patriotic and illustrious valuable. We feel the loss of his presence on predecessors swore to accomplish nearly three the Board more than a little. I regret also hundred years ago, we trust Great Britain, the to have to record the deaths of our late United States and Japan will observe strict Agent at Shanghai, Mr. C. W. Baird, and of neutrality, and if necessary afford us their friendly advice and support.

is made to - subject British goods or tonnage [./ to unfair duties, Were this the case, we should hear little of such attempts as those described by Look Ahead" to force shippers to resort to Japanese steamers instead of allowing trade to run in its normal and accustomed channels. › The days of general free trade are practically ended. This is not the fault of Great Britain it is the result of the selfish ac- We are Reformers. After we have accomplish- tion of foreign nations who have built up tariffed our work, we will institute beneficial reforms walls against British goods, and who have and throw the country open to the trade of the heavily subsidised certain products and steam World. We cannot prevent bloodshed, as ship companies to compete with us in the Heaven wills that all great political and national markets which we have opened to the worla's changes shall be dearly purchased. :: trade.. I do not advocate a general resort to protection. It would be nonsense to think of such a thing; but what I do say is this, that, with hostile tariffs confronting us on every side and sustained.

ned efforts to wrest from us our commercial supremacy, it is now the duty of the British Government to meet special cases with special measures. That is to say, where it is obvious that efforts are being made to displace British goods or tonnage, special measures should be adopted, either by excluding bounty-fed goods from Bri. tish markets, or by imposing protective duties on the goods of the offending stato, or by meet- ing subsidy by subsidy, or some other reasonable retaliation to meet the case, so that the trade we have built up, and on the maintenance of which our very existence depends, should be ad- equately protected and preserved.-Yours, etc.,

1

A

A FAIR FIELD AND NO FAVOUR.

THE HONGKONG P. O). AND THE

WEST RIVER:

́TO THE EDITOR OF THE “DAILY PRÈSS.“

.: Samshui, 5th October. BIE,-Is there no. remedy for the deplorable lack of attention bestowed on. the West River mails by the Hongkong Post Office?

At the time of writing no mail has been received here for seven days back, though during this interval no less than fourteen steamers (three of which officered by Euro- peans) have arrived from Hongkong.

.

Expressing my thanks to you in advance for inserting this letter in your valuable periodical, I beg to enclose my card and remain.-Yours etc.,

SAMSHUI RESIDENT.

A LENDING LIBRARY AT THE CITY HALL.

TO THE EDITOR OF THE "DAILY PRESS.

Hongkong, 8th October.

SIR, I beg to inform you that (through the generosity of Mr. Pollock) & small free lending library has recently been started in connection with the City Hall Library.

Hitherto the terms of the trusts upon which the varions collections of books in the Library are held have not permitted of the issue of books for home reading.

Books from the new collection, which is of an experimental nature only, will be lent to any respectable person irrespective of race who will take the trouble to provide himself with a Bor- rowers Ticket, to procure which it is only necessary to obtain a guarantee from some ratepayer resident in Hongkong to replace any missing or damaged books.

Forms of application for such ticket and of the required guarantee can be obtained in the Library, which is open every week-day from 9 a.m. to 11 p.m.—Yours, &o.,

FBL BOWLEY, Secretary, City Hall Committee.

In 1862 Great Britain frustrated our aims by londing the services of General Gordon to the Manchu Government. The great and chivalrous General Gordon bitterly regretted his connection with the barbarous and ungrateful Manchus on the termination of the struggle, and he had many sympathisers amongst the great politicians of his country. General Gordon even fonged to shoot the base traitor Li Hung-chang. We sincerely hope and pray that this mistake will not be repeated.-Kespectfully soliciting your valauble support, yours, etc.,

Mr. E. E. Dear, lately our Agent at Melbourne, both of whom had served the Society faithfully during many years. The report has been în your hands some weeks, and with your permission I will, as usual, take it as read. I think I may fairly say that the figures we have to present to you are very satisfactory Not only are we able to recommend an increase in the shareholders' dividend to twenty dollars per share, and an ad- dition to the Reserve Fund of sixty-five thousand dollars, but we are in a position to recommend the payment of a bonus to the staff of twenty per cent. of a year's salary all round and yet to carry forward a sufficient sum to provide fully for all outstanding losses. It is now five years since the staff received a bonus. During these five years the shareholders dividend has been raised by progressive stops from twelve dollars to twenty dollars per share, and we think it would be a gracious act on the

part of the shareholders to mark the close of the century by giving the staff a substantial bonus as an Hongkong, Sth October, encouragement towards further efforts. The SIE,You have heard a great deal about working account for the present year also foreigners standing in the street at Macao with promises well, but it is too early to make any their hats on during the passing of religious forecast of the final result. The premium in- processions. I did not see anything of the kind last Sunday on the occasion of the pro- cession of our Lady of Rozario, but I have seen much worse things done without any official interference.

PYRAMID. P.S.-Foreign papers please copy.

RELIGIOUS PROCESSIONS AT

MACAO.

TO THE EDITOR OF THE “DAILY PRESS."

come is increasing year by year, and, judging. from the results of the last few years, we have every reason to hope that the profits will also increase. There is one point at any rate in favour of an increased premium income, – It Some policemen and soldiers, both in uniform, makes a welcome addition to the interest account were present for the purpose of keeping order, and has a corresponding effect on the dividend, but they themselves were smoking cigarettes The working account figures explain them- while following the religious procession. Is selves and require no particular comment." I this not much worse than standing in a corner may, however, tell you that the item of $198,000 of a street with one's hat on? What have the for charges in the 1899 account includes the authorities at Macao to say about this I am, yours, etc.,

AN EYEWITNESS.

ANOTHER WATER GRIEVANCE.

TO THE EDITOR OF THE. DAILY PRESS,

2

which is now

honorarium of £3,000 paid to our latè London Agent on his r retirement from the service of the Society mentioned by the Chairman at the last annual meeting. Turning now to the balance sheet you will find a decrease of some $70,000 in the Investment Finotuation Account, as compared with last year's figures. This is due to the fall in the market price of our sterling Hongkong, 10th October. securities. I hope this fall will prove to be SIB, There have been many ories from Kow. only temporary and that our Finotuation Account loon about want of water, one resident, I am will soon recover itself. I next come to the reliably informed, having to use the same bath heading "Sundry Creditors water on three occasions, but mine is a some shown for the first time divided into the what reverse grievance. I reside on the Praya, respective items" lleinsurance Fund'''* Un- and for the last few days the force of water has derwriting Suspense Account and ** Other been so great that the tank has overflowed, and Ledger Accounts." It has been the work of years While the water has been also forced through the tap, to build up this "Reinsurance Fund. flooding my bath-room. Surely there is the fund was in its infancy and m grievance in having too much as in having too been swept away altogether by one or tw little. It seems to me there is an unequal losses, it was not thought desirable toʻsh distribution of the water supply of this colony to the public, but now that, owin This complaint is quite serious and the facts fortunate immunity from heavy are as stated.—~Yours, etc., GOR

years, it has grown to resp

seems right that we sho separate item.

Comp capital like onte it if we are to do i should have

VA GRIEVANCE.

It is expected that owing to the rapid falling of the water in the Yangtze, H. M. ships Daphne and Marathon will change places, th former going to Hankow and the latter Wuhu.

not always ensure run large lines we m

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