Seasonable Remedies and Preventives
WATSON'S
PECTORAL COUGH
BALSAM
For Cough, Colds and Bronchitis
in bottles $1.00 and $2.00.
MARTIN'S INFLUENZA MIXTURE
for
old in the head and Catarrh $1.25 per bottle.
WATSON'S ANTISEPTIC THROAT PASTILLES
for
Relaxed and Sore Throat; 85 cents per lin.
WATSON'S EU - PINE INHALANT
for
Cold in the head &c. 50 cents per bottle.
A. S. WATSON & CO., LTD.
Established 81 Years.
Chemicals and Reagents, Medical and Surgical Instruments, Microscopes and Microscopical Accessories, Laboratory
Glassware, and
Hospita!
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A
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WE SPECIALISE AND WE
CARRY STOCKS.
SCHMIDT &
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French Bank Building,
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4. Ching Yuen Malo, - West Bund, CANTON.
EXHIBITION AND SALE
OF
ELABORATE IVORY CARVINGS
FOR TWO WEEKS ONLY
AT
MATSUMURA & NIKKO
5. Arsenal St.. Wanchai, opp. R.N. Armament Depot. This is our First Exhibition since we recently arranged with the Ivory Sculptors Association in Tokyo, to display their Master Works twice yearly.
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be sent to the Hon. Treasurer, Mrs. H. E.
Goldsmith, 525, The Peak.
HONG KONG BENEVOLENT SOCIETY
STAR
COMMENCING SAT., MARCH 7th,
WESTMINSTER
GLEE
SINGERS
› THE RETURN ENGAGEMENT OF THE FAMOUS ARTISTES.
THE CHINA MAIL.
WHITEAWAYS
MEN'S RAINCOATS
Fawn Single Texture Paramatta
Cloth Waterproofs. Light
weight but absolutely reliable.
Well cut.
With and without
Belis.
$27.50 to $35.00
THE "NICHOLSON.”
Useful Gabardine Raincoat.
also, as Light Overcoat.
Fawn and Navy, With or with
out Belt.
a
$95.00 to $120.00.
CALL AND INSPECT
MEN'S OUTFITTING DEPARTMENT. WHITEAWAY LAIDLAW & CO., LTD.
HONG KONG.
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The
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FRIDAY, FEBRUARY 27, 1931.
TRAMWAY COMPANY'S BUS LOSSES
(Continued from Page 1.)
The Commission will have to find, firstly, what has brought! about the slump in silver; second- ly, how Hong Kong may best ad- just its currency, to that of gold- using countries without un- due loss; whether the Colony'a trade I tell you that within tho Tack system while the dollar would ultimately
six benefit by last
неvеn months mains miywhere near its present stabilisation on a gold standard.orders have been placed for 300 level and while the prevalling com
tramcars for the London area alone petition continues. It is impossible to forecast the at a total cost of £840,000 and that Mr. Herbert Morrison P.C., M.P. likely trend of their findings, but, 100 of these tramears are for the (Minister of Transport) in a recent whatever they are, it will be a group of tramway companies con-speech said:-
matter of vexation to some and of comfort to others that they are not to be expected to come into effect for a considerable time.
News in Brief.
understood it, but when.
or
trolled by Lord Ashfield, who is Chairman of the London General Omnibus Company, you will realise that the Royal Commission on Transport has slipped up.
One other reference. Mr. J. G. B. Stone, Chairman of the Calcutta Tramways Company, in delivering his speech at the last annual general
One Chinese case of typhoid fever meeting In London anid- was notified yesterday.
"For leaving his car unattended in Canton Road on February 16, Mr. C. E. Terry was fined $5 at the Kowloon Magistracy this morning.
The ordinary yearly meeting of the Hong Kong and Shanghai Hotels, Ltd., is advertised to be Held on Thursday, April 16, at 11.30
R.M..
The Japanese Gonsul:General forwards 11 copy of the 30th Finanical and Economic Annual of Japan, issued by the Department of Finances
"The suggestion that tramway systems are obsolete and should be replaced by omnibuses bas been assiduously fostered, but it seems evident that if such sub- stitution, is made the poorer classes will have to pay more for their travel, and rate-payers generally will have to bear in- creased charges for the main- Lenance of their ronds. In Cal- cutta only a small portion of the people can afford to ride at all, and for them the cheapest form of transport is essential."
Losses In Kowloon,
At this mecting I have also to refer to the affairs of the Kal Tack Motor Bus Co (1926). Ltd. Да Shareholders of the Hong Kong In the case of your motor-buses on and Shanghal Banking Corporation this aide of the harbour I have to are reminded that the annuni meet-report losses. We have now com- Ing takes place to-morrow in thepleted two years' operation of this City Hall at 11.30 a.m.
subsidiary in Kowloon and I regret to say that
for varlors reasons which could hardly have been fore- seen at the time it was made, this investment has not turned out as successfully as we hoped.
Silk forwarded from here by th Empress of Japan on February 5 arrived in New York (St. John's Park) and Hoboken on February 24, having been 19 days in transit.
For the year under review, after providing for depreciation, the Kai.
working of $47,894. Tack Company has made a loss on
During the year two new-taxes were imposed upon us, firstly, the
re-
"In the 19th century they were told that free competition in road transport was the great thing, and that it would provide cheap- ness and efficiency. There was practically no business man of repute who tɔ-day would say that that was a sound commercial doc- trine,
Competition in road transport meant that time-tables were un- related and that there was lack of contact between different forms of transpert, which meant empty seats. People appreciat- ed empty seats, but these were the economics not of wisdom but of bedlam. The empty seat had to be paid for either by capital, in the shape of bad services, and vehicles, and bankruptcy, or by the passengers in needlessly high fares for those who did travel, uncomfortable and unsafe vehí cles, Inefficient services, and a poor quality of transport work- er."
The Only Solution, One almost feels that Mr. Morri- Bon must have had Kowloon in his mind when he used those words.
Your Board 1a.convinced that the only solution of the Kowloon rond transport problem lles:- (a) in the substitution of unified
control and single management for the existing reckless com- petition and duplication of ser- vices.
(b) in a franchise of not less than 20 yours with the option-at the absolute discretion of the operating Company--of cm- ploying either trolley vehicles or Diesel-engined buses or both in lieu of or in addition to cr- dinary petrol vehicles.
It will be recalled that at the date
at Kai of the annual meeting last year rc-
would appear to believe. local Currency Committee, it is truc, did not get very far, and whether Mr. Clauson and his col- leagues will be able to devise aperty of Wong Chin-pang, of No For stealing a camera, the pro- scheme far above the mental in-19, Reclamation Street, Man Shul- genuity of our bankers, brokers, Sang was in the Kowloon Court and Unofficial members is exceed-to-day sent to jail for three weeks. seating tax of $10 per seat per
annum which accounts for $5,560) ingly problematical. They will, While Chief Engineer Robertson, annually and, secondly, the petrol} it is to be presumed, "explore the of the s.a. Tilawn, which went tax of 15 cents per gallon which-
consumption avenues of approach" (to use a alongside No. 2 wharf at Kowloon on the 1930 favourite term of Mr. Ramsay someone gained access to his cabin annum
Codowns yesterday, ws in town, Tack represents $15,600 per Cerence was made to the commence- mnt of certain negotiations with MacDonald) by wading through through a porthole and stole cloth- Effect of Low Exchange. the Hong Kong and Shanghai the memorandum of the local ing worth $30.
Sorious though these items are Hotels, Ltd., in regard to its motor- Committee until they come
to a small business the consequences bus and garage services. The abor- Mr. Wilkinson, second engineer of the drop in the value of the tive results of those negotiations against what a Correspondent of the R.F.A. Kharki, reports to local dollar are much more serious, were conveyed to you fully at the termed rather facetiously as the the Police that between February To take one item; tyres for the extraordinary general meeting of "blank wall," which is to be inter-24 and 26 some person stole from whole of 1929 cost less than tyres the Company Id on May 7 last preted as the findings of the local his cablu a gold wrist watch valued during the four months August and in the private report of that
at £10 and a silver wrist watch November 1930.
meeting subsequently circulated to Committee. It will be recalled valued at $15.
Petrol (apart from the tax) was all shareholders of the Company. that, after the first meeting of the
not affected in 1930 because of our Turning to the statement of the Committee on April 7, the follow-
injury annual contract. At the present year's accounts now before you, ing statement was issued: "The engaged
whilst moment, however, the price we are I have already remarked upon the the paying for petrol (including tax) gratifying increase of $105,986.90 meeting was unanimously agreed Hong Kong Rope Factory, Kennedy is 130 per cent. greater than the in traffic revenue. Working ex-
Suffering from
to his right hand,
at work in
moved to the Government Civil Hos-
in their opinion that no reason Town, a Chinese, Cheung Kam-hoi price we were paying this time last penses have also risen but to an ex- tent that is only a fraction more had hitherto appenred to show (20), of 5, Wing Wa Road, was re-year,
Although the reign of petrol than 10 per cent. over last year Hong Kong, Friday, Feb. 27, 1981. that the use by Hong Kong of a pitni.
would now appear to be challenged and, in view of general conditions currency based on any other
by the advent of the Diesel or com- arising from the seriously adverse An audacious thief took the oppression ignition engine using exchange obtaining throughout the metallic standard of value than that prevailing in the neighbour-portunity of stealing a gold watch crude oil the fact remains that even year, such rising costs have been from the back of No. 3, Austin with buses fitted with Diesel en- inevitable and the measure of the Road at about 7 p.m.. yesterday. gines a considerable annual deficit increase as shown may be viowen The amah who left the watch on could not be avoided on the Kalas by no means disproportionate to
by
the
ng country of China would be anything but detrimental to the
interests of the Colony."
her bed while she was taking a lath; in an adjoining room, saw the mac come and go, but was unable to de-|
CORRESPONDENCE.
POPSY AT THE DANCE.
[To the Editor of "China Mail"]'
Bort of
recking of confidential dollars and flaunting their mis-begotten gains
too leprous, my dear, Calf's Head at the Feast you know, and I say they really ought to be Insulated because they do tarnish
the air.
POPSY..
Your terpsicorean,
Hong Kong, February 27.
A.D.C. PRICES.
the circumstances.
The depreciation charge has also -- accounted for a sum of $19,575 more than the previous year,
including the return from interest
year 1929.
$68,000 has been written-off from goodwill and construction expenses
as before and the further item of $150,000 also written-off repre-
TASK FOR EXPERTS The news of the visit to Hong Kong of three experts to enquire into our currency problems, as hopeful an augury as it may be
The Committee was severely
wonder there's none in circulation. for the distant future, appears to criticised for making this state-scribe him.
Angue said
would have
Net Proft For Year. have had no beneficial effect on ment before receiving any evid
Mra, Baxter, of No. 21, Hum-stableized the dollar at 2/- with the
After providing for royalty and the exchange, which yesterday ence, although it had obtained the phrey's Buildings, his reported to braid off their trousers and why dropped to 10%. Any optimism public's views on the question of the Water Police Station the logs weren't the Commissionaires there
and Investment sources, etc-and that might have been felt in con- the desirability of a gold stand-of £4 108. and jewellery to the value to take them off but they couldn't this particular account is an inclu
of $126, her premises having been have done that with us there, could give item after setting-off the net nection with the visit, which is ard.
The Home Commission burgled on February 18, while she they. How terribly, thinking to result of the tramways motor-bus long overdue, has been should have little difficulty in dis was away. It appears that the wear. 18 carrot pants, my dear. working the net profit for the
thief obtained entrance state-posing of the above objection to counteracted
hy -ap- Tubby says there were quantities year amounts to $741,205.68 which proaching an open window
from of civil servants there simply is $9.532.10 greater than for the ment that
immediate stabilisation, because it is not the roof. no action is to be taken. This means sound finance and is in the inter- that the report of the Commis-ests of a small section of the com- sion's findings, which may take munity only. Presumably, too, some time to prepare, will first they will not concern themselves
sents, in the opinion of your Board, have to be submitted to the Scere; Jovermuch with the fond belief of
a reasonable provision that must be tary for the Colonies, Lord Pass- some that Hong Kong is bound My dear, I didn't see you at the
made against a revaluation of the field, for his consideration, and by the laws of Nature to follow Dance.
Kai Tack Motor-Bus investment in No invitation? How
the light of what I have already it is extremely unlikely that any the currency of China. The Com-galiing, my dear, but anyhow
said In that regard and the losses recommendations which may be mittee's opinion that the present there's St. Patrick's and the Volun
being incurred by that company teer's though they are different made will take effect until one or currency system suffers because arent they.
and the fact that these losses are financed by the Tramway Company. even two years have elapsed. In of the premium of notes over sil- Simply all the best people were Sir,With reference to the
The sum of $200,000 has been up-. the interim, the Labour Govern ver and because it is difficult to there and all trying so bravely to Amateur Dramatic Club's forth plied in the interim dividend al- ment may be replaced by another handle and store may receive Sceptro of Poverty. But the frocks, Bottle, 1 notice from the posters recommend the declaration of a show they weren't haunted by the coming production of "Art and Mr ready paid and your Directors now Party Government, which is like scant attention, because the for- my dear, too utterly economical and that prices for seats are to be $3.50.final dividend of 40 cents per share, ly to reverse in many instances mer is an effect rather than a practically no backs, only what the $2,50 and $1.00 as against $2, $2making a total of 80 cents per share. its predecessor's Colonial policy, cause, but the suggestion that a Observatory man calls "a. V-shaped and $1 charged hitherto. whether it be Liberal or Tory; more extended use be made of Nothing lavish, my dear, but Argus the advertised increase
despresston Letween the Bonins. prices include Amusement Tax and This will absorb a further in respect $260,000 and leaves after Including and, in addition, economic and silver bullion and that the de- said he'd never seen so much waist. of the Stalls and Dress Circle is currency conditions in China may posit of dead-weight currency in
And there wasn't a
$269,652.75 brought in from the collection understandable, but, unless there is last account $262,848.43 to be car have become so bad in a year's the Colony, through adjustment be as the Government has simply no doesn't seem to me quite fair on the
though Tubby said there was sure to come very good reason for it. If 'rled forward. time that the findings of the proof interest rates be discouraged, money left, but everything was pit patrons to jump the price 50 sent Commission may no longer are both deserving of very care- quite free and beapa of people per cent; while the presumably more be tenable or cope ju any useful ful consideration. The rest is a simply hibernated in the supper affluent play-goer is only affected to >manner with the existing financial matter of history; the collapse of room and ate like Indian Famine the extent of about 16 per cent.
| Victims—too `glutinous, my dear, Some friends of mine who enjoy situation.
silver really dates back to the poli- but the poor things hadn't been ableed the play at Home have strongly The above views may seem tical disturbance of 1925, after to afford a meal for weeks.
advised me to zee It, but I am a man pessimistic, bat there is a great which its downward trend we Arty miss His Bottle? I trow not paying $1.50 when
And the Bar, my dear! Did of small means and don't feel Jiko I think $1.10 deal of doubt prevalling in busl-counteracted by a premium on Why, they clung Jike molluses and more consistent. hess and banking circles in the Hong Kong bank notes. This pre- got so damp they became positively
As Theatre prices are a matter Colony as to whether the experts mium subsequently became un-fungold.
of public intoreat I hope you will And, Oh, those uniforms! Just Insert this letter. will be able to devise a means of weildy and necessitated a rever too scintillating, my dear, and the
Yours, etc., solving our silver problems quite sion to the strictly silver stand-glittering satrap who took me to so easily as the Colonial Office ard established by law..
supper says its real cold and no
Hong Kong, February 26.
[To the Editor of "China Mail"}
The new
FITITE
for the year.
(Continued on Page 7)
Ten Years
From the "Chins Mall" al
February 27, 1921.3
To-day's dollar is worth 2/5 142
A Japanes named K. Saglora was arrested yesterday na charge of boarding a train while in motion.. but was allowed out on bail.