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THE DRAGON MOTOR CAR CO., LTD. Telephone Central 1246 or 1247. 33, Wong Noi Chung Road, Happy Valley.
China" Mail
HONG KONG HOTEL.
BLISHED
1846
HONG KONG, THURSDAY, APRIL 12, 1928,
PRICE, $3.00 Per Month.
LOSING ALREADY? * QUEER VISITOR.
Nationalists' Offensive In North.
No. 25,842
A COLLISION.
Railway Disaster In France.
NEAR GARE DU NORD,
Sixteen Killed: Nineteen Injured.
T. V. SOONG MAY GO.
Intrigue Follows The MacMurray Settlement.
TO-DAY'S ANNUAL MEETING.
Shareholder In Critical Mood,
REVIEW OF COMPANY'S AFFAIRS.
to peruse this ancient and yellow document."
These words were spoken by Mr. G. C. Moxon at the annual meeting of the Hong Kong and Shanghai Hotels, Ltd., held to-day. Mr. Moxon has been a resident in, the Colony for many years and went Home a few years ago but recently returned.
Paris, To-day.
A violent collision occurred be-{
Your Eyes Are Bafe With Us”
N. LAZARUS
Ilɔng Kong's Only European Optician.
(Established Over Forty Years), Manager:—RALPH A, COOPER, BLA.O.A., Registered Optometrist by Canadian Govt. Exam.
(Personal Attention).
ELEVENTH HUSSARS.
RUBBER.
Calls At Government Bid Farewell To Their Mr. Ormsby Gore In The
House This Morning.
DETAINED BY POLICE.
Wanted To Collect $6,000,000 "Owing To Him."
Straits.
ADVICE TO PLANTERS.
British Cabinet And The "Cut":
.. Horses.
PICTURESQUE SIGHT, Cavalry Regiment Transformed Into Armoured-Car 'Unit."
No Influence From U.S.A.
Shanghal, To-day, -A Chinese, dressed in European :
London, Yesterday.”
Singapore, Yesterday, Although no absolute confirma- costume, trespassed in Govern- The-Eleventh Hussars bade Speaking at Ipoh, Mr. Ormsby in this year of grace 1928 it makes my mouth water tween two trains near the Gare tion is possible, well-informed ment House this morning and, farewell to their horses at parade Gore, Dominions Under Secre
du Nord..
isources believe that Generalissimo when questioned, was unable to at Aldershot to day. In a few tary, said that the inception of Fifteen persons are known to Chiang Kai-shek's (Nationalist) give a satisfactory account for days officers and troopers are to the enquiry into the rubber re have been killed and 30 seriously offensive which opened on Mon- his presence there. As the man begin training in armoured car striction was due to the great ad- injured.
day morning against the North, appeared from his manner of as a first step towards their vance made in the use of reclaim- a cavalry ed rubber, and increased planting The work of extrication is pro- ended disastrously. The Nation speech to be of unsound mind, he transformation from ceeding.-Reuter.
Jalists have been forced back. It was detained in the Office whilst regiment to an armoured-car unit, outside the restriction area.
The 800 officers and troopers in He referred to the possibility of Driver Arrested.
is even possible that they have the police were communicated lost their main base, Hsuchowfu.with.
their saddles made a picturesque growers organising a selling pool, Paris, Later. The driver of one of the trains Meanwhile intrigue is rampant, A traffic sergeant was despatch-eight to-day. Colonel Sutton, and urged British producers to involved in to-day's collision has in Nanking notably, arising out of ed to Government House, and re-commanding officer, headed the concentrate on obtaining a high- been arrested on a charge of homi- the reparations in the MacMurray moved the Chinese to the Central parade. Although the regiment, er yielding strain of trees.
whose record dates back to 1750 He urged planters to do their To his mind, said Mr. Moxon, the Hotels Co. had been too bold, eide, it being alleged that he Settlement, in connection with Police Station in the sidecar,
Ignored the danger signal. It has which it is believed that Mr. T. V. The man, when questioned by is sadly disappointed at the utmost to retain labour, notwith- ́but he paid a sterling tribute to the Repulse Bay, Peninsula, Majes-been ascertained that 16 were
the sergeant as to the reason for change, all ranks are intent on standing the unfavourable out- tic and other Hotels owned by the Company.
killed and 19 seriously injured.—
his call at Government House, building up a new tradition. They look for the next twelve months. coolly stated that he was retain the title of "Eleventh Mr. Ormsby Gore admitted that Reuter.
there to collect $6,000,000 owing Huseare."--British Wireless Ser- the raising of the pivotal price of to him 1
vice.
rubber was a mistake. At the Police Headquarters, the unfortunate man told an Indian sergeant that he was a man of "vision" and that he was the only man who could see Allah.
Mr. Moxon was referring to a final dividend of 12 per cent. for the half year ended December 31, 1901, and quoted
other figures.
In his review of the Company's affairs, Mr. J. H. Taggart dealt with all branches of activities, adding that it was not likely that a dividend could be declared until the Peninsula Hotel was made re- venue producing.
TRIBUTE TO THE COMPANY'S HOTELS.
JAPAN'S DANGER.
OUTBREAK AT TOKYO STATION.
"REDS" MENACE,
Tokyo, Yesterday.
The attendance (representing of contracts, etc., and although An indication that the round 158,304 shares) comprised-Mr. such settlement was as satisfac-up of the extremists has increased J. H. Taggart (chairman and tory a one as could have been the prospects of the Government managing director), Mr. J. Scott made in the peculiar circum-weathering the coming Diet ses Harston, Mr. Allan Cameron, Mr.stances of the case, nevertheless sion was seen in the opening E. M. Raymond, Mr. John, Flem-your Board are of the opinion-quotations of the Tokyo Stock ing and Sir Elly Kadoorie, K.B.E., as I expressed from the chair at Exchange, which registered an Com. Leg. Hon. (directors), Mr. the general meeting held last advance of the Yen to 80, while W. J. Hawker (managing diree-year-that in the ultimate inter- shares generally showed a firmer tor), Mr. P. H. Suckling, A.S.A.A.ests of the Company it would tone. Reuter. (general manager) and the fol- have been better had we been Political Leader Attacked. lowing shareholders: Messrs. able without interruption to pro-
Tokyo, To-day.
The general manager read the notice convening the meeting.
Chairman's Speech. The chairman then read his view as follows:-
Later, the man was removed to the Government Civil Hospital for observation.
COTTON TRADE.
ANOTHER CONFERENCE TO
BE HELD.
EMPLOYERS & EMPLOYEES.
London, Yesterday.
“GILT EDGEDS.”
Spot Rubber Price.
London, Yesterday, Spot rubber on London market fell further onc-eighth of a penny. to 84d-British Wireless Ser-
•
BRITISH STOCK ATTRACTING | vice.
AMERICAN INVESTORS.
"FUNDINGS" BOOSTED.
What the Cabinet Did..
Mr. Ormsby Gore emphasised that America had not entered into the thoughts of the Cabinet when they were considering the ques- tion of enquiry. The Cabinet London, To-day.
were told that a still further British "gilt-edgeds" are now "cut" in exports was necessary to coming within the orbit of the arrive at a new pivotal price. American stock-buying craze fol. Even Malaya accepted the "cut," lowing the recent listing on the but he was not sure that Ceylon New York Stock Exchange of the two premier Government
would agree.
Mr. Ormsby Gore said he was stocks, namely, the. Five Fer
aware of the advantages of some Cent. War Loan and the Four form of protection which would
Conse-
The executives of eight Cotton Per cent..Funding Loan. Trade Unions have accepted the
Both have risen rapidly in Lon-give the producer a fair show
against the consumer. employers invitation to a joint don, particularly the fundings, quently they gave prior considera- conference on the 16th inst. to which stood at 88% a fortnight tion to the producer's case. "discuss proposals to give full pro- ago and to-day reached 98, largely Mr. Ormsby Gore thought that ductive effect as to a 48-hour owing to the influence of Ameri-unless the main producing inter- week" signifying that cleaning can buying-Reuter. will have to be done outside the ordinary working hours.-Reuter.
G. C. Moxon, Joseph Gould, W. E. ceed to completion of the Hotel, Shouting "traitor" a party of Van Eps, P. W. Massey, N. V. A. although there was, of course, no between 20 and 30 reactionaries Croucher, H. Birkett, A. W. question that the Company was attacked Mr. Oyama, the Pre Smith.
bound to loyally co-operate with jsident of the Ronoto Party, and and render all possible support to Mr. Mizutani, a Ronoto Diet mem- the, Military Authorities in the Der, on their arrival at Tokyo early part of last year in the Station from the country. situation which then arose by the re-advent. of the additional troops
sent to Hong Kong. Gentlemen,The printed re- Work on the Peninsula Hotel port and statement of accounts building now progressing to- There were no casualties and no at December 31, 1927, having wards completion, and we are arrests, except of two Ronoto
field and Swire) on Tuesday (as been in your hands for some days using every endeavour to open the supporters who were distributing Soong (Finance Minister) may reported yesterday) was the work I propose, with your permission, Hotel in October next in order to handbills attacking "Government shortly be forced out of the Fin-of bandits.-British Naval Wire- to follow the usual procedure by be in a position to reap the full Oppression."-Reuter.
ance Ministry."- taking them as read. The report benefit of the business of the
of the Auditors is as follows:- winter season. Every reasonable
Other Ronato sympathisers joined in the fight, which was finally quelled by a detachment of 50 police.
Kong and Shanghai. •
Hong Kong Hotel
Mr. T. V. Soong, the Na- tionalist Finance Minister and brother-in-law of Chiang Kai- shek, who may be forced out of the Ministry.
less.
[Note: The British craft were Marshal Li Chai-sum.
proceeding from Hankow to The forthcoming departure Changsha and were fired on about of Marshal Li Chai-sum for 26 miles above Hankow, whence Canton is also significant of they returned down-river.] lack of unity among the Na-
French At Hankow. tionalists-Reuter.
Hankow, Yesterday.
PRINCESS MARY.
ARRIVES
IN JERUSALEM WITH HER HUSBAND.
CORDIAL RECEPTION.
ests outside Malaya were prepar ed to come in and unless Ceylon and Malaya were prepared to work together the Government would not take any further inter- eat in the matter but would leave the industry to fight.its own bat- tles. Some of the weaker con- cerns would go under, but Malaya had an advantage. He contended that with her labour, akilled London, Yesterday. Princess Mary and Viscount management, good traditions and Lascelles arrived at Jerusalem by good Government she would be in special train to-day. They were producer. He was convinced the position to fight the world as a met at the station by Lord low prices would bring new uses Plumer, the British High Com- for rubber, but he expected that missioner, and the heads of Goy-conditions would be unsettled for ernment departments. They had Troop movements are still tak-proved and it is not anticipated an enthusiastic reception, crowds the matter of a year and there that trouble will occur now-Bri- lining the route from the station after that prices would tend to to Government House, where girl stabilise.. Growers would be ill- [Note: There had been agita- guides formed a guard of honour. advised to discharge labour, get tion against. the French but an There will be an official reception depressed and "throw up the understanding has been reached at Government House to-night sponge."-Reuter. between the local Nationalist off-British Wireless Service. cials and the French Consular authorities, as reported by Reuter yesterday.].
Firing Heard at Pukow.
Nanking, Yesterday.
"We have audited the above endeavour has been made to keep losses, we have made prófits; and account and balance sheet with the cost of building (which ap- those profits have been placed to the books and documents of the 'pears in the balance sheet under Reserves, thus consolidating the Head Office and the accounts, the heading of "Payments on and balance sheet of the Shang- account of Construction in Proposition on lines that will redound hai Branch rendered by Messrs. gteas") as low as possible, at the recurrence of prosperity in Hong to the benefit of abareholders upon a Thomson & Co., certifled by same time avoiding the mistake them as correct. We have.ob- of false economies, so that you tained all the information and will have every reason to feel explanations we have required. proud of your new establishment, In the light of the position to ing place across this part of the In our opinion such balance which will certainly be a credit to which I have just drawn attention, Yangtze River.
will understand why your sheet is properly drawn up so the Colony and in particular to you
Firing was heard to the north- as to exhibit a true and correct Kowloon--which 'is now un-
directors, have hesitated to embark west of Pukow last (l.e., Tuesday) view of the state of the Com-doubtedly the gateway to Hong upon any scheme of re-building the night. British Naval Wireless, pany's affairs according to the Kong in so far as ocean borne pas. North and Middle blocks of the [Note: Pukow is on the north best of our information and senger traffic is concerned the Hong Kong Hotel. So valuable a bank, just opposite Nanking. It the explanations given to us result being not only to provide site cannot, however, be allowed to and as shown by the books of accommodation for the residents remain umproductive, and the sub- the Company."
of the Colony, but also to enable ject of re-building thereon must be Percy Smith, Seth & Fleming, Hong Kong-1 might say, almost seriously considered in the
Auditors.
a good for the first time to offer to future unless of course tourists the service and attrac-offer should be received for pur Accounts. You will observe from the tions of an Hotel comparable chase of the site, in which case your profit and loss account for the with the modern establishments directors would be prepared to year 1927 that the balance of of Europe and America. working account is $1,102,559.43
Financial Position
near
carefully weigh the alternativos of fostering the interests, of the Com-
WAYFOONG'S LIEN.
China Merchants's Wharves At Shanghai.
N.Y.K. AS NEIGHBOUR.
The anti-French altuation has
tish Naval Wireless.
Cables to Canton. Marshal Li Chai-sum, head of the Canton Government, has cabled Mr. Fung Chuk-man, Commissioner of Finance (in re- ply to a cable by the latter), read- ing:-
STANLEY WEYMAN. VETERAN NOVELIST PASSES
AWAY.
PROLIFIC WRITER.
London, April 11. The death is announced of Mr. Stanley Weyman-Reuter.
The
Optimistic Comment.
London, To-day. The "Financial Times," in an editorial, says the rubber share market has withstood the aboli tion restrictions with exemplary fortitude and hopes that share- holders will resolutely resist any insidious attempt by prophets of evil to frighten them into whole- sale realisations, one of the calamitous results of which would "Urgent, to Mr. Fung and
be the inevitable passing of con- |others in Canton,-Your telegram
trol of rubber-producing from received and noted. I shall leave
British into. allen hands. Nanking on the 6th for Hangchow [Mr. Stanley John Weyman was commodity for which there is a Shanghai, To-day.
on my way to Canton,"ex
a generation ago one of the most constantly growing demand can' Commenting on the common
Another report received in Can- popular of English novelists. He not indefinitely remain on a de- knowledge that the Hong Kong &
ton says that Marshal Li had was born in 1855, educated at pressed market-Reuter. Shanghai Banking: Corporation has for long held lien on the China started for Canton (presumably Shrewsbury and Marchants B.N. Co wharves at to travel on the "Empress of Oxford, where he took a 2nd class Shanghai in connection with loans Canada" which left Shanghai in the history honours school. dating back to 1912, the North last week-end), but was delayed Later, he was called to the bar. In China Daily News" points out the although the wharves have been by General Tan Yer-kai, Mr. Tani 1890, when he was 35, Mr. Weyman operated with considerable proft, in- Yuan-pel and other leading mempublished his first novel, The terest on the loans is in aITEKIÐ, bers of the Nationalist Govern-
The N. C. Daily News adds that ment at Nanking, who "persuaded House of the Wolfe, which was UNDER LEAGUE AUSPICES, the latest rumours that the Nippon him to remain in Nanking for the followed, at regular intervale of
Paris, To-day. owners of property adjoining the time being to help devise plans about a year, by the series of ex-
International co-operation in China Merchants wharven áre too de for the Northern punitive expediciting, romantic and ably told finite to be ignored. The purchase. Hon.”
stories of which "A Gentleman of finance and banking is the object. price is reported to be $6,000,000,
France," "Under the Red Robe,” of a technical conference, opened Reuter.
"The Red Cockade," "Chippinge," here under the auspices of the and "Count Hannibal" are the most League of Nations and attended popular. The last named was by representatives of 24 national dramatised and made a splendid banks, including America. costume play.
---| proceedings will be private.
Reuter
that
Tusen Kaisha"are › about', to become
Christ Church,
BANKERS CONFER.
TECHNICAL CONFERENCE IN PARIS.
A glance at the balance sheet will pany either by a sale. or by the a figure which bears favourable suffice to show that the amount of erection of a new block. Comparison, with the similar loans secured by mortgages. prac
Garage." balances of previous years.
tically equals the nominal amount of. The Garage Department of the The credit of $466,652.25 to profit and loss account in respect the Company's issued capital, and Company in Hong Kong which of renta is considerably higher therefore in pointing out that the department has in a very few years than usual and I would therefore Company la under-capitalised for grown from a small venture into explain that included in this fig. the extent of its undertakings and quite a large concern-continued ure is the rental obtained under that it is inconsequence of that to make steady progress during the Military position that the Company has had 1927. The motor-bus services have agreement with Authorities for the period they to rely upon financial assistance increased in popularity and have were in occupation of the Penin- from other sources, I am only en been well supported by the public; sula Hotel Building. On the other phasizing the obvious. So long, particularly have they proved to hand, interest during construc- therefore as present financial con have boon of great convenience to tion, which otherwise would have ditions in the Colony continue, the those whose homes are situate at been charged to capital account, above mentioned position cannot some little distance from town. has been charged to profit and satisfactorily be remedied, and your In fact your directors have under loss account for the period in re-directors are reluctantly compelled consideration an extension of the spect of which the Company re- to state that the profits of the Com- motor-bus services at present ceived rental from the Military pany must be retained in the operated by the Company, both as to Authorities, thus accounting for business. Thoy regret that it is the number of vehicles and the an increase in the item "Mortgage not possible for them to recommend routes served by them, and I trust and Bank Intercst.". For the pur- a dividend in respect of the past that the Company will have in is too far south of the front for pose of comparison of such item year, and it is only fair to inform running in Hong Kong within the the "ring heard" to indicate has with the figure for the year 1926, you that. It is not likely that a course of this year a number of tilities, and "north-west of however, I must point out that dividened to shareholders can be de- motor cunches of the best modern Pukow is not in the exact war from the end of 1926 the Comclared until the Peninania Hotel type approved and utilised by the zone. pany received the benefit of sav-has been completed and made re-leading Municipalities in England, ing of interest on the money venue producing, de
and thus be in a position to meet obtained by the sale of the Kalee I do not wish, however, to lay efficiently, and expeditiously the Hotel property in Shanghai. " before you a prospect devoid of Increasing demand of the public for
Mr. Koo Ying-fan (ex-Finance Peninsula Hotel,
AN AMERICAN LOSS: "optimism". The Company In such means of passenger: trans-
Minister) and Mr. Tang Chak-yu (member of the Central Super- Early in January last a settle common with practically all other portation
visory Committee), states the
Havana, To-day. ment was effected with the Mill concerns in Hong Kong and China Directorate and Staff
Hankow Yesterday. "Canton Gazette" are believed to that the salary of the late Judge Over $1,000,000 worth of sugar Mr. A. Brodia Urke, Dr. E.-L.
Chairman of the United has been destroyed by a fire in tary Authorities by the payment has had to shorten sall in order to of a lump-sum to the Company weather the storms of the past March and Mr. P. W. Massey who It is believed that the firing on be waiting in Hong Kong for Mar- Gary Covering the questions of re- three years and, if I may say 80, had formed an Adv
ered ther
instatement liabilityof the Cama
pady in respect, 01
BÄNDITS" ATTACK.
Billish Shipping Above
Kap Hankow,
Rumours in Hong Kong, ** Marshal Li was again invited ➡ by Mr. Chang Tsing-kang and Mr Wu Tze-fel to visit Hangchow, He has now returned to Shanghai and was to have left Shanghai on the 10th for Canton,
There has been no report that Marahal Li has actually left LATE JUDGE GARY. Shanghai. It is commonly rumoured that be is due in Hong
SALARY AS CHAIRMAN OF Kong to-morrow
U.S. STEEL CORPNAFA
New York, Xesterday.
It is learned for the first tima
The
BIG SUGAR BLAZE.
$1,000,000 WORTH
V DESTROYED.
Com
British Lugs and lighters (belong shal Lis return when they will States Steel Corporation, was an American-owned warehouse at ing to Mesars, Jardine, Matheson probably accompany Marshal L $225,000 per annum plus an annual Holguin, Cuba British Wireless
harina