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of France and England. The terrible disaster, which overtook this Colony on the 11th Sep lember, 1906, is still fresh in your memory with ite appaling sense of death and destruction, when the forces of nature appeared for a time to be uncontrolled and the (fforla of men were powerless to contend against them. In the short space of about two hours it is estimated that some 5000 persons of various nationalities, but especially Chinese, lost their lives. Fifty-nine large vessels were damaged or destroyed and it is said that about fifty per
cent. of the Chinese craft
were
sunk
or
the
person
of
the
THE HONGKONG WEEKLY PRESS AND】
Governments, as well as those of our two mother countries. I also convey my hearty thanks to Sir Frederick Logard who decided to honour us with his presence at this pions ceremony, to which he wished to give all the necessary solemnity, by taking advantage of the occasion of the presence at Hongkong of a French cruiser, whose sailors are here side by side with their British comrades. It is also His Excellency the Governor who had the gracious idea of associating in an intimate manner with this unveiling ceremony French Indo-China in
of the daughter highest official of Tonkin. Lastly, I pray my colleagues who represent in Hongkong the principal powers of the world, as well as the members of the executive and legislative Coan- oils and army, tie high civil officials and pro- minent residents of this Colony to accept in my name as in the name of our navy and of the French community in Hongkong. the expres- sion of my gratitude for their sympathetic presence at this ceremony. I have still, in conclusion, to bid a last goodbye to the five unfortunate victims whose names are engraved on this monument: The three petty officers Bonny, Meuric, and errion and the two quarter-masters Bertho and Nicolae, who died in the service of their country. We will all keep in our bearts their pious memory.
badly damaged. Many homes lest their breed winners but the people of this Colony, although heavy losers by the typhoon, were not slow in coming forward to raise funds for the relief of the terrible distress. The fand was taken charge of by Sir Paul Chater who frequently acts for us in that capacity. Sub- soriptions to this fund came from various parts of the Empire, but not only from sympathisers in the Empire. Perhaps there was no contri- bution which was more cordial and welcome as a token of friendship and good will than the generous contribution which came from the Freuch Colony of Saigon. (Applause.) I re- joice, ladies and gentlemen, that of recent years we bave put aside those misunderstandings and petty jealousies which in byegone years estranged us and disturbed the good relations of our great neighbour, a neighbour not only to the British Islands, but in every quarter of the globe. In Asia, in Africa, in Polynesia, wherever the British flag flis, there we see the flag of our neighbours and I rejoice that that flag, wherever we see it, is an emblem of friendship and good will (Applause). Among the many ships that were wrecked on that fatal morning way the
Fronde, a French torpedo boat destroy er, and five gallant sailors lost their lives. I am told there are here to-day some of their comrades who were with them on that day. This ceremony will bring vividly to their minds the terrible experience through which they passed. The British community here has erected this memor- ial to the sailors who lost their lives on that cccasion. May it stand not only as a memorial to those whose names it bears but as evidence of the "entente cordiale" which exists and 1 trust will long exist between our nationaltise (applause). We are fortunate to-day in having with us Made moiselle Morel, the daughter of the Governor of Tonkin and she has kindly consent- ed to perform the unveiling ceremony. I will now ask her to perform the ceremony.
Prior to this,
++
At the conclusion of this address, MADEMOISELLE MOBEL pulled the cords which unveiled the monument, the "Last Post" being sounced by the drums of the Middlesex Regi- ment, and "retreat" being afterwards played by buglers of the cruiser Alger." Then the stirring strains of the "
Marsellaise," which appeals to all hearts, filled the air This was followed by "God Save the King" and the detachments presenting a me, the ceremony was brought to a close.
THE RETIRing governor of
MACAO.
We learn that a cable message was received on Saturday by His Excellency the Governor of Macao, Senhor Azevedo Coutinho, relieving him of his post. His Excellency will proceed to Portugal by an early steamer. Senhor Diego de Sa, the Harbour Master, will act as Governor of the Colony until Senhor Coutinho's successor arrives.
| May 16, 1908.
PEAK TRAMWAYS COMPANY, LIMITED.
The report of the Directors for the 'your ending 20th April, 1908, for presentation to the shareholders at the ordinary annual general meeting of the Company, to be held at the Registered Offices of the Company, Alexandra Buildings, on May 16th reads:-
To the shareholders of Peak Tramway Company, Limited-Gentlemen,-The direc tors now beg to submit to you their report and statement of accounts for the year ending 30th April, 1908.
***
40,180.07
The net profit for the twelve months,
after providing for loss on sub. & sidiary coins, amounts to To which has to be added the
balance brought forward from last account
***
2,655.83
$42,785.70
From this have to be deduced Remuneration to directors 2,500.00 Kemuneration to general
managers, 5 per cent, on gross earnings
4,814.05
7,314.05
{eaving available for appropriation $35,471.65 The directors recommend that a dividend
at the rate of 8 per cent. per annum be paid 85,000.00 be placed to a reserve fund and that to shareholders, absorbing 824,000.00, that the balance of 16,471.65 be carried to a new profit and loss account.
DIRECTORS,
Mr. A. J. Raymond. having resigned, Mr. C. 8. Gubbay was invited to occupy the vacant seat on the Board. In secordance with rule 73 of the Company's Articles of Association, Hon. Sir Paul Chater, C.M G., Hon. Mr. H. Keswick, Dr. J. W. Noble, Mr. G. C. Moxon and Mr. C. S. Gubbay retire, but being eligible, offer themselves for re-elebtion.
AUDITO28.
The accounts have been audited by Messrs. and Mr. Lowe offer themselves for re-election. W. H. Potts and A. R. Lowe, Mr. Potts
PROFIT AND LOSS ACCOUNT For the year ended 30th April, 1908. Dr. To coals and stores, To charges
:
To maintenance and repairs To rates, Crown rout and fire insurance To salaries and wages To mortgage interest on E. B. Lot 80 To allowance to General Manager to cover
office rent and clerks' salaries To balance
Cr.
Our Macao Correspondent says it is under. stood that Senhor Coutinho tendered his resignation owing to his inability to sup; port the demand of the Home Government that Macao should contribute more out of her declining revenue towards the support of the sister Colony of Timor. Another rumour alleges that the resignation was tendered because of the Home Governments disapproval | By traffic receipts (after deducting loss on of certain regulations relating to the importa- tion of arms which His Excellency promulgated after the "Tatsu Maru" affair. Whatever be the cause, His Excellency's departure from the Colony will be sincerely regretted. Senhor Coutinho has always shown a leady disposition to do all in his power for the good of the Colony and, if the rumour as to the cause of his departure is correct, it will serve only to enhance his reputation as an administrator of sound judgment and rare independence.
M. LIEBERT, speaking in French, returned thanks. The translation of his address is as follows: Sir Frederick Lugard has eloquently reminded us of the tragic circumstances in which five sailors of the French destroyer " Fronde
met with their death during the typhoon of the 18th of September 1906. His Excellency h s also explained that the monu- ment erected to the memory of these glorious victims of their professional duties and which is being unveiled to day, was built at joint ex- penses by the Colony of Hongkong and the Saigon Municipality, so all that is left to me is to express, in the name of the Freuch Government, of the Governor-General of Indo-China, as well as in the name of the French navy, so well represented here by the captains, officers and part of the crews of the "Alger" and the Argus," our deep gratitude to the Colony of Hongkong and its Government, for the example Senhor Coutinho, who bas resigned the of kind solidarity which is given to us to-day. Governorship of Macao under pircumstances The city of Saigon, which had wished immediate which have created a sensation at Macao, ly to take part in the public subscription proceeds to Europe by the P. & O mail steamer opened at Hongkong for the families of the on May 16. His departure is sincerely regretted victims of the disastrous typhon which brought by the whole community of Macao and nothing such material loss and drowned so many wretched but admiration is expressed for the courage people, will be highly grateful for the use His Excellency has shown in upholding at a which was made of ila generous gift, personal sacrifice the best interests of the and on this occasion, I am pleased to Colony. A meeting of the Lea! Senado was recall that it was Sir Matthew Nathan, hurriedly convened on Wednesday to consider at the lime governor of Hongkong, who what could be done to manifest to the retiring gracefully suggested using the
Governor before his departure the high regard subscribed at Saigon to pay a part of the sums in which he is held by the community. It was necessary for the building of this fine monument, resolved that an address expressive of the The Governor saw-as I did myself in this joint community's high appreciation of his services contribution of the two comparatively near and sincere regret that he is leaving the Colony colonies who are tied by so many common in- should be publicly presented to him to-day in terests growing day by day in importance, the hall of the Leal Senado. His Excellency a mark of the good "entente" of the reciprocal comes to Hongkong by Friday afternoon's confidence and of the cordial sympathy | steamer from Macao. The steamer will leave which constantly inspires their respective Macao one hour later than usual.
amount
|
subsidiary coins) By advertisement rents By rent account By transfer fees By interest
$750,000.00
Balance Sheet 30th April, 19:8.
LIABILITIES. Capital Account:-
75,000 shares of $10 each.... Less uncalled $9 per shares
on 50,000 shares............. 450,000.00
Mortgage R.B. Lot No. 80 Unexpired season tickets
Sundry creditors Profit and loss account.
Do.
$12,946.59
4,792.46
5,838.50
9:5.42
23,618.22 2,029.92
6,000.00 40,190.07
$96,281 15
$84,068.70
342.50
360.00
30,50
1,479.45
$96,281.15
$300,000,00
29,000.00
[ 8,986.80 7,503.83
From last year. $ 2,655|63 For the year. 40,130.07
ASSETS.
42,785.70
$882,785.33
Permanent Way and Concession (Old Line)$200,000.00
Do.
Do. (New Line) 43,620.29 Stations, Crown Leaseholds and Buildings (Inland Lots 1,317, 1,333, 1,334, 1,835, 1,353 and R. B. Lots 80 and 86) Rolling stook Office furniture
Coals and stores in hand Sundry debtors Cash in H'kong and S'hai Bank $67,030.04 Cash and Compradores' Orders
in hand
35,256.29 32,041,99
125.00 577.84 752.32
3,355.56
70,385.60
$382,785.33
JOHN D. HUMPHREYB & SON, General Managers. ·
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