Page
SATURDAY, MAY 8, 1918.
Northern and River stramers was Tx. 43,000,
The profit on the site of steamers have already don't with.
Question No. 72 En or about the yue, 9, did the Company suffer a foes of a large, and if sea what owing to the sletult of a phys some employ + Nesery. Jardin, Makesyn, & Co. Eus., 85, the Shanghai Office Who was in charge of such. Ofco at Shanghai, when such was thin revded? Thas such loss ever been a slowed by the fionem. Manugers by the Sharsheflers in any, and, if so, what Report to the Shareholders, air, at 1215, and, if so, what Meeting of the alates holders? Was silela Jesse, varrived to "a Hasperuse or for son other, and whate Account, as the sing when it was dis bovered? What has happened to quel Suspense or other Accent? Han ta
to say that the Chairman was right or wrong he could only say that the Chairman's remarks upon the subject of the comlition of the “steamers were›;
inconsistent with: the altogether observations of Mr Ross, who took the febair at the last meeting of the company held in London. That meeting was held on July 23rd last, which, after all, was not so, many months ago, and Mr. how sad with reference the aframers
-E should explain that while our steamers are thoroughly well kept and cars for out of revenue, eur sistom has been to ere, if at all, in the side of liberality in writing off depreciation. One result of this is that book vahes tend in many things
mere breaking up valu while the steamers themselves have still long valuable years of curning power before then.""
"To pause there for a moment, said Mr. Pollock, that was an exact Joon-
apparel from the book's on the temptradiction to what the 'hairman said, and, if, when Rave, my, h, if that a number of the sterners what Auditory sanctioned gis disapperswnld have to be pa asile shortly. Anes at such Suspense or other Asmat And later on a ph saree speech Mr. from bar books at the Cuigany Mus theatre of such best been rafunded ot is still owing to the Company and who is responsible for the repayq[uert! Have such has over.
A
Beply. The Copqiany glid not suffer say les at Sharqhui of elsewhere oy ang daladt er any other act of any etoplaybo
Ross said t
The life of each steamer las becue carently assessed by three diferent and highly competent experts and the depreciation provider is based on their report with a bias towards the safe side, and they have satisfiert then- elves that it is in every way ample." Mr. Pollock" said he could not help
at Mesirs, Pardue, Matheson & 100%, Lakozhinking that the Chairman, from what
is 1911 at any vahe tng.
be had said that murning, bad takerran
g
THE CHINA MAIL.
THE WAR.
TO-DAY'S TELEGRAMS.
(Reuter's Service to the China Mail)
FRENCH PROGRESS AT
וי
VERDUN.
GERMAN POSITIONS "CARRIED.
GERMAN ORGANISATIONS
WRECKED ON BELGIAN
UCNES.
"
L
On the rest of the front then was! intermittent artillery activity.
THE SURRENDER. AT KUT.
GENERAL TOWNSHEND'S LAST MESSAGE
LORD KITCHENER'S HULOGY.
LONDON, May 1" In the House of Lonia, Lond Kit chener enlogiied General Townsheud and his comrades and quoted General Townshend's last" message, to General
Percy Lake, as follows:-'
Paurs, May. 12.90 a.tn.
The kitest communique says There has been a violent bomboni-Sir ment in the Avocours sector.
Our troops made a brilliant assault the close of the afternoon and Quetion. Nis 26. Was there a loss homesarily gloomy view, burause Mr.enrried temmu positions north-west through in cuplagge of the Vienpiny Ross had not only nude himself specific fot Mort Homme, capturing about a Swans afhut 2 or the glass new! What as to writing off on riberal seals, but hundred prisoners and four machine- is the wint of such less? How did be had. gone ous of his way to point out it eur? Hax such losi' ever Qeen that he was not merely referring to his closed by the General Mañavers to the fewn personal opinion or the personal want opinion of the members of the Board, shandholders in muy, mad, if s Beport to the Shareholders, or if any, but that he had actually gone to the and, is what Morting of the Share. trouble before making any statement on houders Who wit bo tried to the subject of having the life of "ech what steamer carnitilly assessed by three somal påber und Summe Account, at the time when it was different and highly competent experts. Poveted? What has happened to such Therefore, Mr. Follock thought, that Mispetour of other Vergne? Has it del very great weight to what Mr. Rum had said, that the steamers appeared pan. The beds of the Cop the mely had yet many valuable years ail, it went. Hare any, d, if earning power before them. That what Auditor's raptioned de disapp was material, of course, when they sace is such Superce or other Aveo considered the present question of an from the Fooks of the
increased bonus or it. The thought they might reasable conclude that hair the opinion of the different al highly competent experts to guide then out the if the working life
Has
Slap aromen treaty #funded or is it still going to the teampung and shoots mosjon
inke in replymentes
Hope The reply to this question is
in the begive, but if too sleuth of our of their steamers that they had sense late Coipraak in Surubow is refert of thing substantial, to ge upón in urging to I may get you that the freights owing the Board at that meeting to give to the by him at his death were tid to the Deferred sharchoklers the extra amant Company jig Mesors, Jardine, Matheon of hous which had begu nowed by Me. Henry Humphreys. With regard to the figures placed before the general
"
Quratiu: Nie j
What percentage
Pants, Muý 4, 4.45 p.m. The French antique, to progress at Verdun.
X"Codymunique säys:
We extended nhui consolidated our gains in the Deadman Hill region. despite violent artillery Aghting in all sectors west of the Meuse,
The French artillery preparation indiesed grimt losses on the enemy there were only two survivors in one true.
We defeated a strong German reconnaissance mostwand A St Mihiel.
There has been concentrated deti fery fire it Vaux and in, Waerre,
Batteries in Belgium wreckeil Ger-
We are pleased to know that we have done our duty,
We recognise the situation to be one of the fortunes of war.
We thank you and Lieut-General Gorringe and all ranks of the Tigris Corps for their great efforts to save
18"
Lord · Kitchener added that - only imminent starvation compelled the sur render. Adverse elements alupe denied "stores to the Relief Force (Cheers)
DESTRUCTION OF A ZEPPELIN.
LONDON, May +..
const says one of the Zeppelins which A correspondent on the north east
raided the coast ou the 2nd inst. was apparently hit as its movements were ernitic. This was probably £20.
STAVANGER Mag 4.
Passing Sandness five or six of the crew of Zeppelin 120 jumped out into the ex Boats rescued Commander Segun
COMPULSION BILL.
SECOND 'READING PASSED BY OVERWHELMING MAJORITY.
Lowson, May 4.
The Compulsion Bill passed its second
| reading by 3as voted to 34. "
WILL " AUSTRALIA, ADOPT
CONSCRIPTION?'
ENTHUSIASTIC MERTHE IN
FAVOUR,
MELBOURNE Mag The Australian Natives Amociation has opened a conscription campaign in Victoria. At an overflowing and enth usiastic meeting in the Town Hall, a resolution was passed unanimously affir ming that the needs of the War can no longer be met by voluntaryism, and urging the Commonwealth to Ally utilise the services of every citizen.
THE IRISH REVOLT.
KING'S MESSAGE TO GENERAL MAXWELL.
LONDON, May 4. The King has tulegraphed to freneral Maxwell as follows
Now that the lamentable outbreak has been quelled, I wish to express to my gullant troops in Irelanik, to the Royal Irish Constabulary and to the Dublin Metropolitan Police my deep sense of their whole-hearted devotion to duty and of the self-sacrifier with which they acted throughout.
THE SITUATION IN IRELAND.
LONDON, May 4
Bord French states that the situa
tion of toy in Ireland is quiet.. The "volles-
artas in Dublin arid th arrest of fugitive Rebels its progress- | ing ́ sutisfactorily. A strict cordon, is still maintained,
The Rebels attacked the Palide
Barmoks at Orammers near Galway The Police held out sill relieved.
The situation in the West Riding, Galway, is well in hand and the
G sultimission is debited in the Cgupan's managers in the course of the week, they man organisations, on the Grand. The airship was driven inland and Rebels have been dispersed. be the teneral Managers in respect of wonki no doubt have noticed that for Dune and blew up an unumition dashed against hill-top. The after-
the services of the Forne Agent of the Company? What pervstage of coun mission is dre fact path to bach agent?
Reply. The Bones Agent is not paid by the campusy, by the General Magers of their commission:
that extra bonus, it would not h agedsary in any way to make any inrad pon the underwriting account or would it be necessary to reduce the £35,000 reserve by my larger sung tbdu £5,000. As Mr. Humphreys hul pointed out, in this prosperous year At the conclusion of the reading which they had had, and viewing the the replies the CHAIRMAN proposed conditions which now perailed the the following resolution:
shareholders had every right to expect That the company pay a fala more generous dividend than that Dividend of a on the Preferred and which the Deferred shareholders had Deferned Shares which will amount been awarded at that meeting.
173 a Benas of 10/ per share Deferred Shareholders, absorbing £21.50-10 place to dern Reserve £330, to inereuse fadorwriting Aerent by $18.770 4th leaving the sum of 12-14 to be married forward to next year's account The Dividend on shares, in the Hongkong Register will be mid at the rate of 11 per dollar." The Hon Sir ParL CHATER seconded.
JÁN, AMENDMENT PROPOSED.
Mr. Pollock went on to comment un the short notier of the closing of the transfer books of the Company-- point on which, he said, some of the sitar huklers feel very strongly indeed. After giving due weight to what had fallen. from the Chair, he did not see why the transfer books should not have been kept open a day on two longer. He did not see why the transfer books should have been closed at practically three hours! There was only Saturday
"Mr. Hesky HymPHREYS rose and said notice.
depot.
A French aeroplane fought two- Germans at Douaumoiit, and brought down one. The other fled. **
Paris. May 5, 12.20 The latest comingnique says: West of the Meuse there was must violent bombardment of fill 304: aut a weak "Cena stack on a trench resently cuptured by usrut Mert Homme was stopped by artil. lery..
East of the Muse and in Woevre there was intermittent activity by our artillery.
Nothing occurred elsewhere.
GERMAN POSITION BECOMING
DANGEROUS.
Pauls, May 4.
fell
body of the airship was torn off and
to corth. More of the crew jumped out or were huled out...
The airship rad little and was driven further on, but soon broka`in two and descended at Hafrs Firth.
A torpedo hoat rescued three meu A fourth who were still in the car. jumped out shortly before the airship was driven ashore.
The Zeppelin was completely wrecked.
เน
THE CREW INTERNED.
LATER.
The South of Ireland is quiet and steadily becoming normal. Ulster is
HOTBAL.,
THE NEW SECRETARY. » Mr. Lewis Harcourt is mentioned ng Mr. Birrell's zuccessor.
Ri.
SIR MATTHEW NATHAN." It is understood that Lt. Colonel the Hon. Sir Matthew Nathan,
G.C.M.G., Under Secretary, has resigned that other resignations are probable.
and
SIR ROCKE CASEMENT.
It is expected that Sir Roger Case-
The crew of Zeppelin 1.90 have been ment will he tried for high treason by three Judges, presided over by Lord Reading, the Lord Chief Justice.
interned.
WHY THE ZEPPELIN MADE FOR NORWAY.
CHRISTIANIA, May 4 The chief reason why, the crippled Zeppelin wished to land in Norway was because she was being chased acrosa the North Sen by a French cruiser.
41
LATER.
THE SHIPPING PROBLEM.
STATEMENT BY LORD CORZON,
LONDON, May 4.
In the House of Lords, Lord Curzon said 40 per cent. of British
he hat an amendment to propose and morning to effect the transfer of shares. that was that the proposed bonus of 10-He thought one man had protested per share to the Deferred shareholders and the books were kept open on be increased to 17 I proposing that Saturday afternoon but that was hy a A semi-official statement saya it now amendment he said he was not influenced special arrangment. He quite ap appears that the French command at by ay ill will to the directors either preciated the week's notice of the Verdun has definitely passed from the Sedgelively or individually, but he was meeting but why it was necessary to defensive to retaking the ground by
entitled to express an opinion and that give auch a very short noties regarding was that the proposal of 10, per shipre the closing of the transfer books be e- partial counter-attacks:
tirely failed to see. He could not see why advance day by day is gradually remov. When she struck the chiff she Another 14 per cent. was carrying they should not have been kept opening the enemy's mennee against Mort broke in half. One of the gondolas food stuffs, raw material and muni- on Monday or Tuesday and that would
was inadequate not only in his own
pinion but also in the opinion of a great number of shareholders. "Meta -phorically speaking" he proceeded, "we dhareholders have been sojourning in
at
A telegram from Christiania says that shipping had been requisitioned for und Military purposes. The French L20 was one of the largest Zeppelins.
off and seven men
The Commander said he left Germany at mid-day on Tuesday and journeyed.
to the coast of Enghad. He returned
his course.
His petrol was nearly
Navol
tions on behalf of the Governments:
a
BRÍTIBH. CRUISER CAPTURES GERMAN STEAMER.
·TENEUFFE, May-47
sea-wards in a gale and was captured by
British cruiser.
The German steamer Telde drifted
CIVILIANS EVACUATING METZ.
have given athple apportunity to any homme, which; if the French progress was torn shareholders who wished to have their extends further as it is highly probabt fell out; eight had previously jumped into of the Allies, who would like a fur- the wilderness for the past eleven years shares transferred into their names. that is will, will soon he disposed the sea. Three remained on the wrecked ther restriction of Imports, but it ving on frammon and not too much of "I think" proceeded Mr. Pollock, the of altogether, zs has already happened airship, including the "Commander who was diffult to satisfy this gondicting that, till last year we entered what shareholders were treated with want
destroyed the engines," throwing interests of the Dominions and the seemed to be a land overflowing with courtesy in this matter. He did not in the case of Hill 304 which the Ger
Alies. milk and honey. We saw a class of see why the meeting should have mana have not attacked since the parts overhoset. small steamers making over 100 per boen held such short notice retaking of Aupscort Wood at the end cent. and we slapped each other because the Head of Messrs
of March on the hack and said: The Promised Jardine, Matheson and Co. would be Land at last. But it was little better leaving the Colony thas day. Surely The above account of the situ than a nightmare. Eleven per cent. of the meeting could have been held by his i tion at Vertium, coupled with the at night, but a storm drove him out of the whole capital did not seem to be a successer? He did think there was real reported sivilian evacuation of Metz, exhausted on Wednesday morning, and vory, satisfactory result of what was ground for dissatisfaction on the part of probably the finest shipping year we the shareholders, bocause a man might from which the French positions at have seen in the Far East" Mrhold considerable number of shares Pout-a-Mousson are distant only a dozen when he sighted the Norwegian coast HUMPHREYS went on to say that and if he could not get those shares miles, and the long range bombardment he recided to descenti... the Chairman in the course of registered in his name he had no oppor of German communications in the St. his speech made a great point of the tunity of voting at the meeting and Mihiel salient reported in yesterday's Insurance reserve fund having been supporting his interests. He entirely depicted during the course of years, supported what had fallen frem Mr. communique, suggests that the German The speaker quite recognised that fact. Henry Humphreys and he, thought the position is becoming dangerous In the days when they had that large Deferred shareholders should get the reserve, he understood they insured the extra bonus of 7/- per share. whole of their steamers themselves;-pow The CHAIRMAN said the amendment they insured only a small portion of which had been proposed by Mr. Hum them. If he was wrong he would like phreys and seconded by the Hon Mr. to be corrected. fis amendment Pollock, was not in order according to practically involved the extinction of the Articles of Associations The amount carry forward. For his part be could that was put to the General Reserve not see the advantage of having any Fund was loft entirely to the Board....... carry-forward at all and for reasons the Board shall in their absolute dis- Which most of them-knew. The lens cretion."
Hi the carry-forward the better. amendment also involved the reduction of the amount to be put to the Reserve Fund from £35,000 to £30,000.
The Hon. Mr. POLLOCK asked what article was being referred to
The Chairman: I am referring to
· Article 69 and also Article 94. The
THE BRITISH FRONT:
"NOTHING OF IMPORTANCE.""
LONDON, May 4. General Sir Douglas Haig reporta that nothing of importance has occurred during the past twenty-four hours."
Operations on both sides have been
BELGIAN SUCCESSES IN THE CONGO.
AMSTERDAM, May 4 Trustworthy reports state that the civilians are evacuating. Metz.
MORE RUSSIANS REACH FRANCE.
HAVKE May 4 General Tombeur, commanding the Belgians on the eastern frontier of the Congo, reported on the 3rd inst that he
LONDON, May 4. had turned the enemy positions defend Russian troops continue to reach ing the passage of the Runzi river and Marseilles and are being enthusias landed on the German shore of Lake tically received... Kivu. Supported by gunboate, he
forced the enemy to evnerate their SERIOUS EXPLOSION IN FRANCE. positions on the Upper Ruzizi
The Belgians south of the lake'eroes
ed German territory north of Kiya
FARIS May .. "There word hundred killed and
Led the river and occupied the German
positions of Bhangugi and also penetrat ja hundred injured in the explosion of
a Stato factory neer Larochell
(Further Coblen will be found on page: 8.
The HON. MR POLLOCK R. C. directors regret that they cannot see confined to artillery actions. seconded the amendment. He would thier way in the interests of the have liked, he said to have seen it company, to declare a larger dividend There has been a little mining seconded by a member of the mercantile and as the meeting has no power to activity. We exploded three mines THE GERMAN PEACE RIOTS community of the Colony, but a declare a dividend I regret I must rule to day cast of Southor, simultaneously perhaps the Chairman was aware, the amendment out of order. was asked to take the chair at the Ms. Pollock On behalf of the bombarding enemy trenches
recent meeting in the City Hall and a number of shareholders, asked him to second the amendment. With regard to the prospects of the company, he
shereholders I must protest againet There have slso been fairly heavy you ruling formally, and reserve all reciprocal bombardments from St. Eloi our rights, de land.
southwards and west of Angres.
The resolution was then put and
LEBNECHT ARHESTED IN BERLIN
DISTURBANCESEN
NOW IS THE TIME AMSTERDAM, May 4.OR roumatiam you will find nothing better than Chamberlain's Pain The arreste in the Berlin disturbances Bahn Low in the time to get rid of
thought the Chairman had painted carried by a substantial, majoria work yesterday despite thundery we include: the Socialist leader Liebknecht Try this liniment, and, see how quick
somewhat gloomy picture and particular-
ly in ragud to the condition of the const steamerte D He would not venturan
Our aircraft carried out considerable
The other business on the agenda was
ther Few hostils aircraft were seen
s
was then transactedi
A rescltion in the Beishstag del relieve the pain and sorerper manda de re AC
sale by all Chemists and St
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