LAMMERT BROS.
AMOTIONEERS, AFPRAINORM AND SURVEYORS.
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BUSINESS ROMANCE
DEATH OF SIR T. SUTHERLAND,
the
A..
es a l
A GREAT SHIPOWNER
Poll
erotel in our cable. at the time the neth took pli ve on Jamary 2nd Semus Sutherland can boo the yo adapowner, who, enter ng The Pand 0. Company 1862, becume managing director abot harmat, atul retired i 1914 E dued been ill for months and on Saturday took a turn for the worse. l'oeuropia ertin, and he passed away on Sunday night at his Landon - sidhinge, in Buckingham-
The death of his wife i gate, agwi 87. in 192
wing the less of his sur- VIVITI RI in the Great War, had greut alleere him. His other sou, Erin, who was in a brotfish regiment. was walled in the Rees War, the last Bider, it is beloved, who fell
in that my apn.
to the
Sur Demons Satherland, the last of the great shipownets of the Victorvan ers, was both at Aberdeca on Aug If
he anticipation of bas finding a nation in the Church, he passed from the local grammar school |
chusensity nt les murive my In the result however divinity lost n prising adent. sd etanerce and cregosing garbid a taillant seermit, Yot: uthland und attle or ma allinton the passporet of the gatet. life of the macer, has proference wur fol L broader path of inert น|:| 1
Infanta
Cum-
pos
sitni... A first chaintance with firsttres life was obtained in an
office in the granite city.
youn
Scotsmen. however,
anbaren way to get to London
his
A
FACIT PANELg an ite ollies at the Peut t
Oriental Steam Sal
Navigation boompany he applied for 11, ak obtural at. This was m the
Veer 1
Kad ever juled the rk in a Lanalon! anwarp the feel that he be the ball at his feed more especially if he candostati ad that intangible bot ins tuably ass kulturnce, Young Sutherland, with few trends, bur conscious of his own strength and i determination, set out to become the i head of the poemuri steatuship coup ay of the county. His progress towards the geni ho bad placed before himself
Willin was extran di tante rapid.
twenty years of las coming to Lon on he was virtually managing the Penin- autar and Ortuntal Company, whose destines during an uncertaru penal of its existence be bad already helped to mould, and in 1981, at the ng of 17 he wa nanimously elected as its chairman, a post which he filled with marked neess and distinction until shor ly before the opening of the world war. His career represent - ed in truth sus aiued and whole bearted devotion in an enterprise which offered a rel field for the exer is of great administrative talent. and a vore and discriminating know- lege of the affairs of Empite. Sir Thomas Sutherland's intere fa, tin
FLM
ware on, grew to be considerable and varied, bo in the Pentsular and ! 0. ntal Company, his fast love, he rendered a fenity which, in the long course of yeas, bever slored dif Trast sign of stackening.
EASTERN TRAINING.
I. is a matter of common observa- tion than the Far East affords un ad- mirable training grund for young men of genius. Sir Thomas Suther Jam must be reckoned among muccessful Scotsmen who owe a good deal to the Orient. To was his good fortune, shortly after he joined the Peninsular and Oriental Company, to be sent out to Bombay. He was then in Lis 21st year. But an even greater opportunity for widening his ex- perience ar se later on, when he was deputed to represent his employers in Bongkong. At that time the overwa trade of China and Japan was in its infancy, as was also steam shipping. There wore opportunities for the creation of maritime interests in the China Seas which in the near futuro were bound to have fru.tful results. Mr. Sutherland, given a free hand," set to work with a will. He establish- ed the first regular steamship com- munication with Japan and a network of servicce on the China const. Ab that time, too. the colony of Hong- kong was deficient, in those financial institutions which are essential to a growing commerce, Mr. Sutherland stepped into the breach, and promot ⚫ed the Hongkong and Shanghai
•
Banking Corpora ion. He also activo. ly identified himself with the queation of dock development. Bir Hercules Robinson, the Governor, was so up- pracial,ve of the energi- of the, young Scotsman that be gavihim n east in the Legislative Couur 1. zamil
although ho was sill under 30,
(Continued on Page 3)
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044
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TANG YUK, Darr
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Cols Agents E
CORRESPONDENCE.
REFLECTIONS ON THE
COLONY'S FINANCE, ITS WORKS, ETC.
THE CHINA MAIL.
[To the Editor of the " China Mall."|
Sir, It has been stated that the Government is, at last, tu have TLPOWISE to a long to meet its
tion.
TUESDAY, FEBRUARY 14 1922.
NOTICES.
of view, cause vast tion dininen ins been abundantly G. FALCONER & CO., LTD.
completed, be regarded more as in way of salvation for the public from provements and conveniences than as the oppression of grasping landlords paying ventures as they will, from a 'as the blessing from the rent rostric- business point sums of money to be tied up without shown since its enactment, bringing in any, very appreciable Exempt that the building of tnore return on the capital expended. houses will give immediate relief to
But with the development of land, the scarcity of housing accom›norta- j the ease, however, is quite different tion, I do ust hold the opinion that for it will at least play an important it is in itself a aclution of the housing part in relieving congestion by bang-problem in its entirety; int that, as 1 in lo lage tracts of land within the bal occasion elsewhere to maintain, expenditures since its revenue, though posibilities of house building, which could only be arrived at by the joint very large seems inadequate for that i go lar towards mitigating the operation of thren essential measures, long-felt want of housing accommoda- namely, rent restriction, building of purpose. Am ng the variou + causes that bave contributed towards the
more houses, and restriction of the bastening of such a decision must be
And Apart from the consideration growth of population because they mentioned that of opposition which it that it is a right step taken towards are interdependent on one another, has invariabdy met
the solution of the housing problem since, in the absence of restriction of with to any
growth attempts on its part to raise revenue and inspite of the very heavy drain the
of population, the by imposing fresh taxes especially when on the public revenue which it is building of more houses will never
with pace
it because they should be burdensome to the evident that the cost of a scheme of, keep
such magnitude as land development there is no unlimited land to build public. As an instance, it may will entail, the capital already invest houses on within easy reach of the recalled the very strong exceptioned and to be invested in it, unlike industrial and business centre of this taken in the earlier part of last year that expeaded on other big works, colony to accommodate the ever by those in opposition to the passing will be productive of substantial in-growing population whose partiality of the government's resolution for an increas of 7, in the home tax and.
come from land sales, house, and, for living in such an area is governed other taxes. to give to their objection more weight.
mainly by aheer force of circumstances. and a more represcutative character,
More than twenty long years ago, * public meeting was called and held
in solving the thorny and knoti at the City Hall to protest against it.
housing problem, I then especialis In compensation for the loss of
advocated rent restriction on the revenue expected to be derived from that scure through the abandonment of the resolution proposed, it was suggested un alternative, that the government should raise addi- tional reveune either by imposing a tax on all touriste coming to Hong- kong by orean-going steamers as such a tax obtained in Manda and else where, or by floating a loan to cover its financial deficit as it was thought it could easily be obtained and that it would not be a heavy burden on the public: but apparently, there who made these suggestions
understand quite
their
or
to seu what
li -
dal Bot import the
failed consequenree would be as a close examination of these recomenda. tions would have revealed them
Having reference to the question of the suggested tax ou tourists, it is e matter of common knowledge that the tax levied on every person arriv- ing at Manila ja not
source el revenue as it has never been retained as such by the governurnt there, but
It
ย
is Cnally refunded to the person rem whom it was received within o specified period. As Hongkong is a free port the imposition of such a tax with view lo IRISH revelle would 44 inconsistent with character as a free port: therefore such a tax would be entirely out of the question.
115
Exactly what the ratio of the in come will be to the capital invested, cannot, of course, be determined off hand without proper figures to work
; but, if all the vast sums of money basis of asessment of the value of other works in and around the New then fleecing not only the public bat already spent a motor roads and propertiss as the landlords were even Territory as well as Hongkong, are government also out of its revenue. also to be included in the capital The government awoke, shook off its mount exclusively for the land develop stupor acquired from its accustomed ment scheme proper, then the income long deep slumber and opened must be considerably reduced by the wide baali its eyes, and addition of the capital spent on these its venne swelled: but at rent unproductive undertakings.
Though I came to be more than twenty years older in waiting patient- ly for the child of my hope to come,
came at last. No more, then, the affrighted looks the unbappy tenants will wear that the heartless landlords used to cause each time they doomed them to pay a higher rent, and in their stead peace and contentment have come to stay; all these las rent restriction done, and many things besides. What a boon!
restriction it blinked momentarily Surely, therefore, all costly works with its balf-closed eyes only to close of any unproductive nature and motor thru the more firmly again and ronds in particular on which millious remained fast asleep during all this pon milions of dollars have already long while fill our present governor been spent, serving no more useful who has more sympathy for the purpose than to give to but a small public weal than to amass revenue number of people the pleasure of a broke the spell and delivered the ride now and again have certainly no public from the iniquities of the reason for existing in the meantime in landlords by making rent restriction view of the fiosocial straits of the a law. revenue which is urgently required for other more pressing needs, and it does not even require reason to urge that they can well be put off till a better time when the financial condi- tion is in a better footing when money can be spared for them after all other more urgent nards have been antisfied. Considering that most of these ex- pensive and at present unnecessary undertakings are literally been thrust on the government, and finding the culis on the revenue excessive, is it What a convenient pretext to raise surprising then, that the Government reats would our friends the rapacious should try to find some way out of the landlords and in this troublous times difficult position in which it has been caused by the seamen's strike which
And what is placed? But with regard to the question of natural thing for it to do than striction has not yet been passed as a the more we are ali experiencing if rent re- big loan, difficulties as to payments to raise a loan? To raise revenue by law! etc., will present themselves, especial taxation will surely subject it to
More rau still be done. Consider- ly if a considerable sum of money is severe criticism and strong oppositionable increase in revenue involved. Should the amount of the
can the Joan be
especially when they should ten million dollars and bandersome, as, in truth, all taxes tranting a loan, making it able to
be government command without con interest at the rate of 6% per annum
never tell how capital and interest, and, above all, a tair and rearouable inducement things may get turn out, for the without subjecting the public to harsh to proepective subscribers there will beo less a sum than $600,000 which government may yet one day, when mousures by inflicting on then the will tave to be paid out every year in tax left in abeyance as it did not
bard pressed, impose the 7 house burden of heavy taxes.
And hundreds of bouses for the interest only until such time as the make any definite promise that it middle class Europeans and for the loan shall have been paid off in full; would not at some future date impose Chinese, too, a like number can be but u repayment is to be made at the it as, in a speech, the Governor said built which will be a bleasing to the ead of ten years, it means that
that, as be thought aufficient revenue public as it will be the means of fully $6,000,000 shall have been could be obtained from laud saks to providing them with plenty of ac absorbed by interest. alone-u stupendous
go on with, the government would commodations at a fair rent, und a SUJI, exceeding by not enforce that tax for the time sound and profitable business to the more than hal the whole amount being, so there is nothing else but to government as its revenue will be in- creased considerably by way of rent, It is, indeed, a matter for wonder able business besides can be done if and many another equally as profit- whether, before recommending the the government wills, and there is no government to undertake the various reason why they should not be done costly works. those who made the when the government has been all the recommendations had approached the while carrying on business in land
of the loan itself, and this is not all io il compound interest at the same rate were to be added to it it also
meate that quite & large fortune be- sides shall have been fritt red away. This is but one aspect of the loan.
The interesting point, however, is
are. Still one can
w.it.
how will the loan be satisfied at the government in order to obtain the expiration of the term without making necessary information as to the true a fresh loau to pay off the existing financial position. It seems, however, one For, if with its present revenue that no real attempts had been made still free from any such encumbrance in that respect, else the present state, as interest, the government has found of things would not be so aggravating it difficult to meet its ordinary ex- for most of which the public has to penditure, how much more difficult thank the gentleman then represent- will it find to pay off such a big loan ing the Chamber of Commerce in the out of a revenue atter heavy inroad Legislative Council who was mainly having been made into it by interest responsible for them.
and with the prospect also of a heavy It was singularly noticeable that at decriase in the already depleted the public mesting held last year to opium revenue, unless recourse is to protest against the passing of the be had to fresh heavy taxations government resolution for an increase or, unless all of the many big under in tha bouse tax, no one was able to takings which it has taken in hand to show to the government other means carry out should eventually yield of raising revenue and that was what handsome profits, which is very it wanted to know; while it is doubtful,
instructive to quote the China Mail's Discouraging as matters now are, the pointed remarks in its able Leader of outlook is still even more so because, the 12th May of last year in referance. if all the costly works such as barbour to an article of mine on the subject of improvement and such like were hopa ng problem.
sales, etc.
It is marvellous, if true, some will marvellous, for I know how all these say; but I say it is true without being
can be done.
Yours faithfully,
J. M. XAVIER.
CUTICURA
FOR CHAPPED HANDS For red songhi, chapped and spre fianda
· baihh such tight in a strong, hot lather of Cuticura Boapy. Dry and pub in Cuti- cura Ointement and wear old gloves during. the night. Nothing batter. KALAIS, TAIEREJA, 25. Orbanos Sa, M, 1983), 44, Womanize; NelishDepyti » How- “Colleuch Boups shared willboal 192.
carried out at the same time, will A correspondent mooted the topic. such a loan be enough to cover the for us in yesterday's China Mail, and whole costs of same; and, if not, advanced arguments in favour of rent whore will be found the vast sums restriction. The public meeting last requisite for theen purposes, which might discussed the new increase in will evidently run for in excess of the the house tax. It is regrettable that whole amount of the loan itself none of the speakers at last night'a And even al the necessary funda could meeting, called to protest against the be found for the carrying out of all house tax, referred to the advisability these projects by what means it is not of trat restriction as an immediato the purpose of this essay to enquire, palliativo....It would to something though, in passing. it may be to the good if the government mentioned that the government would make an immediato regula has not always at its ready tion that the landlords shall, dob command for conversion into cash increase rents by more than the
DON'T RISK PNEUMONIALS such valuable assets as the site of the amount of the new tax Like (Eld of every cold as quickly as
ET old post office buildings-what will be true child of light who loves rosson pulmonary Traible, and prommunia may poemble. It is tin foieryuger ofall. the bluelits that will nueign from and idea in and for themselver, the develop a low hours, Tate Chambar. them to the government or the publo? China, Mail was in entire green's ough Remedy, it is a simple thing to dopờn the offer is marvellous. The most however, that can be sand men with my views because it saw in For sale by al Chemist Atti Shore in theis favour is that they will, when them rekesz and truth and the only keeper
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