8
TO-DAY'S CABLES.
Rear's Sarvice to the. Chilma Mail)
L. O. K. PLBANE ATOP.
WAIT AND SEE.
LONDON, July 18. In the House of Commons, Mr. Bottomley and Sir J. D. Rees urged that representations be made to the League of Nations to suspend its activities as regards disarmament in view of the pending Washington conference. Mr. Balfour did not think such representations necessary. He said the League would doubtless consider the importance of the forthcoming discus
ions at Washington.
The disarmament committee of the League of Nations (Reuter's Paris correspondent reports) has begun a sittings. It consists of twenty men bers who were chosen as individuals and not as representatives of their respective governments. It includes three British. It has appointed three enquire into the private manufacture of war-material, the traffic in arms, and the present and pre-war military strength of various countries. The result of these investigations will be submitted to the Rosembly of the League on Sept. 5. It is hoped it will be helpful to the Washington conference.
anb-committees
HOLLANDER POLITICS.
PROVIDING FOR THE CONSTITUTION.
THE HAGUE, July 18.
THE CHINA MAIL.
BANQUE INDUSTRIELLE.
PEKING COMMENT.
HISTORY AND PROSPECTS.
~TAN 1 THE KIRK. 1
INTERPORT SWIMMING.
|0 Jean, my Jean, when the ball ca's ||INVITATION TO SHANGHAI,
the congregation
Owre valley an' hill wi' the dig
frad its iron moa', When a' body's thechts is set on his
ain salvation,
Mine's set on you.
There's a raid rose lies on the Buik o'
the Word 'afore ye
day, That was growin' braw at the keek
moinin's glory, But the lad that pu'd yon flower i' He canna pray.
He canna pray; but there's mane
To those behind the scenes the suspension of payment by the Banque Industrielle de Chine haz come, not as surprise, but as a tardy fulfilment of long-standing prophecies, says the Peking and Tientsin Times. The Banque Industrille de Chine was founded in 1913, its Statutes being approved by the Chinese Government on January 11 of that year. In 1914 its Capital was stated to be Fes 45,000,000, of which one-quarter had 15,000,000 had been subscribed by been paid up, and one third, For the Chinese Government. The latest! published announcements were to the effect that the authorized Capital was Fca. 250,000,000 Fca 100,000,000 had been sub- scribed, Fcs. 75,000,000 paid up and Fcs. 50,000,000 subscribed for by the Chinese Government.
of which
As long ago as 1914 we animadverted strongly upon some of the transac tions in which the Basque was then engaged, especially the so-called In-
A report was presented to the government with regard to the prelimindustrial Loan for Fes. 150.000.000, ary discussions of committees of the second chamber concerning revision of the constitution. As regard the succession to the throne the majority of members expressed satisfaction that such revision would end the activities of many members of foreign dynasties, one of whom might eventually be called to the throne, while on the other hand many regretted that the
Fes. 75,000,000 of which were offered for public subscription in Paris' on April 7 of that year. The purpose of this loan was stated to be the promotion of certain public works,
the Kirk will heed him
Whaur he sits sse still his lane at
side of the wa",
o
the
i
the
my lassie gie'd him, It an' us twa.
nane but the reid rose kens what
He canna ring for the sang that his
ain he'rt raises,
He canna see for the mist thats
afore his een,
And a voice drvuns the hale of the pealms an the paraphrases, Cryin' "Jean, Jean, Jean "
CONTEST - IN HONGKONG,
Regarding the proposed interport contests, the Esets are that the Hong- kong swimmers have sent up a joint invitation to the Shanghai Cube (Rowing Club and International of mermen for a trial of skill with the Swimming Club) to despatch a team representatives of the Crown Colony
and both clubs are favourable to the idea, and in all probability (if the question of the steamer fares can be satisfactorily settled) a Shanghai team will travel South this year, fer the
local swimming association and they invitation has been passed on to the
have replied, exquiring as to the pro-
posed events, says the China Press. This latter is a move in the right direc tion, for it obviates any possibility of misunderstandings, such as might have occurred last year in Kobe, were included when some events which did not suit Shanghai and on the other hand several of the Shanghai swimmers' pet events were not on the interport programme.
Considerable interest will be evinced in an interport contest between Shang- hai and Hongkong, and the Souther Chinoners will give us a rare hard task to
VIOLET JACOB. (From an anthology of Modern Verse," recently reviewed in the Mail].
There is no reason, of course, why a Sino-French Bank, run on sound
win-specially is this so in the case of the water polo game, when Shanghai cannot expect to have mat- ters all their own way, as happened last year at Kobe, even if the very best exponents of the game from the-
revision did not go far enough. It provided no opportunity for deciding including the construction of a por conservative lines, should not pay its Model Settlement can manage to get Wilhelmina's line failed. Many energetically opposed this suggestion, and various Municipal enterprises (includ-way. The trouble with the Banque away for the trip. Furthermore, Mr.
that the present monarchical regime might be replaced by another whenever
warmly approved the present form of monarchy for Bolland.
CELBAPER MOTOR SPIRIT WANTED.
WILL TARIFF PERFERENCE DO IT?
A. A. Claxton, a member of the first
Hongkong team which was pitted against Shanghai at the Victoria Recreation baths in 1909, and who
Industrielle appears to have been at Fakow, and the establishment of ing Electric lighting, Waterworks and Tramways) in Peking. The that it earned, and not without good reason, the reputation of being willing security was to be the industrial to engage in transactions of a variete terprises themselves, and Feking and a nature which more conservative! Municipal taxes, other than the Octroinstitutions would not even entertain./ has been a visitor recently to the Row- We suggested at the time that there The financing of hotels, for instance, g Club tank here, reports, that the was no serious intention of proceeding however promising their prospects, progress made by many of the younger with the Pukow port development LONDON, July 18.
alleged municipal undertakings to be conservative hanking business, yet acquiring the "crawl" is wonderful, dividual races, Shanghai's best tear Commons adopted a new clause in the finance bill moved by Sir scheme, and pointed out that the bardly comes within the scope of immers down in Hongkong in moting from duty imported spirits produced within the empire financed from the loan conflicted with our readers may remember that the and here again, in the matter of in-
making power or industrial methylated spirits. Sir R. established charters, The French Banque Industrielle, according to
interport invitation will be accepted, tion from duty of all means whereby transport is Government anderwent a serious in-recently published reports, was in. will be needed. It is the general
000, or double the share capital, in s de to revive. He stated that the duties on terpellation in the Chamber on March terested, to the extent of over $1,400, hope in swimming circles that the be reduced to the preferential rate 30, 1914, especially on the point single Peking Hotel Many other for thus will be renewed the series of whether substantial cash advances transactions in which the Banqua friendly contests temporarily suspend- Paher members pointed out that the had already been made to the Chinese has been involved in this part of the ed during the War and since then. It
yage the cominions to produce
WABBLE J.
Government, but the interpellators world have caused considerable mis- would also be in order for Shanghai were unable to obtain any definite information. The flotation in France giving in conservative financial circles.to send an invitation to Kobe, in ac It is no satisfaction, however, to knowledgment, of the latter port's of a Chinese Loan other than a purely industrial loan, at that time, would recall the warmings which passed hospitality last year. Perhaps since have conflicted with the French unheeded, and the predictions which, then they have improved in water unfortunately, have come true. The polo, though it is said that their best Government's engagements in regard to the Consortium, and complications suspension of payment by a Sino-immer, Albert James, is in Burmah. were introduced by the fact that the Freach Bank of the importance of the prospectus of the Loan included a letter Banque Industrielle is a matter of ficting views from the French Minister of Finance. grave concern, not only so the clients The According to the latest information and depositors, but also to French
TON, July 18. roversies in 1920
Admiral
Amongst the passengers who arrived in Shanghai by the M.MS. "Cap Arcona" was H. E the Marquis de Dusfuentes, Knight the Chapter of Nobility of Zaragoza, and appoint
TURSDAY, JULY 19, 1929.
DAIRY FARM
NEWS.
Just received ex S. S. "Glenluce ”
direct from the Scottish Fisheries:-
FILLETS HADDOCKS
KPPERS
RED HERRINGS
80 cents per
70 11
Ib.
糟
11
B0
12
."
SO
19
CHEESE
GOUDA (Full Oresm) EDAM
$1.25 per lb.
8,50 Ball.
21
THE DAIRY FARM, ICE & COLD STORAGE 00., Ltd.
WHITEAWAY, LAIDLAW & CO.
HONGKONG.
NEW MILLINERY
JUST UNPACKED A NICE SELECTION OF LADIES' READY-TO-WEAR
HATS
SMART AND ATTRACTIVE MODELS
VERY INEXPENSIVE.
$3.75 TO
CHILDREN'S
$13 50 MILLINERY
LIGHT FANCY SILK & SILK STRAW HATS
$4.50 ΤΟ $12.50
CALL AND INSPROT.
WHITEAWAY, LAIDLAW & CO., LTD. HONGKONG.
e majority in our possession Fes. 100,000,000 commercial interests generally. It
ed Minister Plenipotentiary of Spain of the Industrial Loan have actually is, as a French Banking authority mocrats been handed over to the Chinese Goquoted by the Temps avers, peculiar
Pastor. It is not the first time that remment, which, on several occasionsly unfortunate that such a crisis to China, in succession to the late Mr. that the has had to meet the interest due by should have occurred at the very the Marquis has been in China, for sive and the delivery of promissory notes. As moment when the signature of the 25 years ago he began his Diplouratio declares to the Capital subscribed for by the Sino-German Commercial Agreement career in foreign lands filling the onstrates Chinese Govemment, a very substanti-enables the Deutsch-Asiatische Bank post of third Secretary of the Peking to resume its business activities in Legation under the then Spanish al portion at least would seem to have China. The failure of a French ex- Minister, the Doyen of the Diplomatic been "subscribed" by means of
we are suffering that we should Treasury Bills at varying rates of change bank with such widespread Corps during the Boxer troubles. The Goed $20 and warned to be more ❘ part of the degeneration from which accept its symptoms as progrERSİTE interest, maturing in 1923 and 1925, connections as the Banque Industrielle Marquis de Desfuentes who for the careful in future."
Mr. Dempsey's contribution to rather than retrogressive, says the On this question we also had something would be a serious blow to French last three years was Minister at financial prestige throughout the East. Caracas, Venezuela, is a University Professor of the Faculty of Political to say in 1914, emphasizing the And for that reason, if for no other, and Science of Chibli, there the literature of the great fight-1 Japan Cho onicle.
Commenting on the reception at desirability of a Bank, having official it may be hoped that measures fore, adding to his brilliant diplomatic think I put it over him"really sets
the Guildhall to the Crown Prince of relations with the Chinese Government will be devised by which the Banque career a well-known scientific prestige. the seal on the performance. Thei
essence of slang is its vagueness,-
the reporter of enrolling Chinese officials among can be reorganized, and resume shareholders by the simple expedient business on lines sonnder than those
Summoned to appear at the the language of primitive self-con- Japan,
sciousness, but presumably Mr. Westminster Gazette says ---* I regres of lending them the money to take up adopted in the past. The decision Magistracy yesterday afternoon to
of the Peking Bankers' Association answer a charge of having failed to Dempsey means "I think I showed to say that a detachment of the band actly what has brought about to advance the funds necessary detain a man who pawaed a counter myself a better man than Carpentier of the Coldstream Guards, playing in sent suspension of payment to cash outstanding banknotes pane under suspicious circumstances, It is impossible to gather this mean the Guildhali to-day on the occasion
et been revealed. A French might at least be a hopeful sign
ponsible for the statement if we had any assurance
might have been avert the
2
heir shares.
its
Peking Bankers
that
were
www
uxture
of
the
it bore the mark of a CP.OS. ing save from the context of words of Prince Hirobita's visit, was guilty steamer-the proprietor of Yaumati and happenings. By itself it is mean of a serious faut pas. When the pawnshop entered a plea of guilty, ingless. What does "it" refer to? Lord Mayor arrives at the Goldhall explaining through his solicitor, Mr. Logically the sentence would convey in full State, with mace-bearer, sword- of France had been aware of the volume of the out d'Almads, that he was at the impression that Dempsey put bearer, City Marshal, and many other We Canton when the notice relating to ever Carpentier something in the attendants, it is customary for nce Fes. 100,000,000 standng note issue. It will,
eover, the exact whatever band is performing in the This is gallery to play the maith from Sci- se Treasury Bonds venture to predict, require many the seizure of the stolen property Fes. 147,000,000. If millions of dollars to return all was served on the shop, which was nature being vague. the Bank of France is outstanding notes. If the necessary in charge of the accountant whom the language of primitive people rio I have never known any de blamed. In the present sam can be found by the Chinese his Worship fined $50 for perjury, the people who may be supposed to parture from this practice. To-day, tate of China's finances, the Banks it may be hoped that the "My client only knew what had hap enjoy seeing two people hit each however, the band went on steadily of Fes. 47,000,000 can hardly antagonism aroused by the refusal pened when he returned," said com- other and think all the while that playing the music which it had began According to law he is respon- they are forwarding the cause of some minutes before the Lord Mayor sidered sufficient to form a satis of the Bank Directorate to join the pel bory security, especially when one Consortium will not prevent the sible for the act of his servant, but I civilisation by encouraging manly appeared. The music was that of National Bonds bearing interest French Government and French would like to point out that my client sports. But manly sport and a fight Chu Chin Chow, and the hiayoral has been instrumental in bringing to such as that of Dempsey and Carpen-party advanced to the dris to the ac the rate of six to seven per cent. Banking interests from according book many persons who attempted tier are as far removed as the poles, companying strains ofthe March
as your though unfortunately the modern of the Robbers!" $23.50, $24 $49, the further support necessary to tide to pawn licht goods. 0 and $54-to mention those over the present emergency, and to Worship to impose a nominal fine prisering has received benediction Lord Mayor should bare wound un to-day bave the most unfavour-give the Banque Industrielle a new and wam defendant against a repeti- from quarters which are supposed to the proceedings by committing hara- tion of the offence. Defendant was represent culture. But it is a natural į kiri, ramachs a Japan contemporary. start.
ted at
market.
BRINGING
I NEED SOME MORE
MONEY
UP
1.BUT!
GAVE YOU.
FATHER.
A LOT OF
MONEY YESTERDAY-
JSTHAT? WAS PIN
· MONE
RADIUM PINS
OR DIAMOND
·PINS?
Aftof this the