Appointment of Sir Harry Parkes as British Minister in China
News on May 12 reports Sir Harry Parkes appointed British Minister in China. The promotion is seen as well deserved yet his removal from this court noted as a loss to foreign interests during ongoing treaty revisions. Also coverage of Fukushima prisoners, honors granted in Japan, hospital finances, and upcoming ball at the British Legation in Tokyo.
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Harry Parkes
China
Mikado
Order of the Rising Sun
Raphael de Viel Castel
M. Gaston Galy
Kiodo Unyu Kwaisha Faces Financial Turbulence and Tea Market Anxiety
The Japan Gazette notes a failed capital-raising for the Kiodo Unyu Kwaisha steamship venture, with 25 859 shares unsold and 1 292 950 yen left idle. It warns of heavy borrowing needs to fund ships, while Japanese tea producers fear reduced foreign demand and a shift in quality toward quantity, risking export markets as currency fluctuations loom.
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Japan Gazette
Kiodo Unyu Kwaisha
Department of Agriculture and Commerce
United States
Japan
Rates and currency policy cited in debt and bond measures
The text argues that export surpluses fund an increasing domestic debt and finance currency via bonds and a Banque du Japon style institution. It claims government trading expands while plans to restore specie parity rely on uncertain methods, criticizes the Finance Minister, and notes a manipulated exchange rate that deters trade as depreciation nears par.
MENTIONED IN THIS ARTICLE
Banque du Japon
Weather Dominates China Newchwang Dispatch
The Worth China Herald notes unusually cold weather with rain that improved ground but delays in Abbé Conraux inquiry. Doverer Dillon’s northbound expedition after winter remains absent, hampered by poor thawed roads. The German barques Frances and Amanda stranded near the Lightship and later sold as a total wreck with no cargo. Shipping arrivals lag behind last season as business suffers from southern failures.
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Worth China Herald
Monsieur Dillon
Abbé Conraux
Frances
Amanda
China Faces Diplomacy and Railways in Swatow Incident
A Worth China Herald report discusses the German minister’s recall over Swatow troop landings, China’s handling of foreign legations, and the role of railways in national defense. It notes recent ministerial recalls, tournament events on April 20–21, and Prince King visiting the Foreign Office on March 31.
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Newchwang
Peking
Swatow
Europe
Canton
Paris
Chen Lan-pin
Maude
Legation
Prince King
Foreign Office