2

BANK S

HONG KONG AND SHANGHAI BANKING CORPORATION...

Authorial Capital .............. £50,000,000 Istund and Polly Paid-up ... 120,000,000 Beverve Fundazi

I 6,501,100 $10,000,000

Evservo Liability of Proprietors ............ 420,000,000

HEAD OFFICE, HONG KONG,

BOARD OF DIRECTONS:-

Alon. Mr. 6, 6, 8, Markar, Chairman,

Thom. Mr. J. J. Patamwoll

ply Chairastado.

W. H. Bell, Esq.

A. H. Tampoc, Vaq.

T. E. Pearce, Big, e

J. P. Warren. Est-

THE CHARTERED BANK OF -INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1863.

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.3

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C. HEAD OFFICE: LONDON, Paid-up Capital

£3,000,000 Authorised Capital Straits $20,000,000

Issued Capital....

8,000,000 Reserve Fund

£4,000,000 Paid-up Capital ...

4,000,000 £3,000,000 Leserve

Reserve Liability of Pro-

prietors

Agencies and Brauchen;

ALON STAR

(Bulky Bintos!

AMRITSAR

BASOKOE

BATAVIA

BOMBAY

CALCUTTA

KUALA LUMPUR

KCCHINA

SADRAH

MANILA

KEDAN

NEW YORK

GASTON

CAWRPORE

FIRING

PENANO

DAIRES (Dalny

South Manchārinā

DELIB

d. A. Planure, Esg

15. Lauder Lewin, Fina, T. IL R. show, Eng.

ri. Miskin, Eng.

Chini Manager.

V. M. Graphuru, Ka

BRANCHES:-

LOSAOS

-LYONS

MALAGA

MANILA

CENT

COL

AMOY

DASOROR

JALAVIA

FMM HAY

VALCI ITA

CASION

CRE200 POLOENG DAHEN THƯ PH HAIPHONG

JASHOW

CARBON HOSAKEW

CLARO

JAN1

JOBOKE

KODE

ROWIARN

ALALA LUMPER

BLAFPHONG

FASHIO

HANKOW

IPARIS

BUSO BONO

ILOILO

PESHAWAR KASUOON

SAIGON

SEMARANG

13. Muhurtaj

TANDY

TIRNTAIN

TOKYO

וינאיו

SASACHI

MAN (Faberri

KING

FORE

MURDEN

NAGASAKI

NEW YORK

PEITING

PENANCE

RANIHOON

MAHON

HAN FRANCISCO

SITAMARAT

SSGAPORE

SORBAHAYA

NGNGE) PATASI TFENIMAN

TOKYO

ENINGCLAD

YORESSANA

wrem Acecoute panch in Lewal Entering

wod Jared Deponi Tennised for one year car pradora Entrency and bwrling

1122

Lek w wall to quite is application. Phang Ngh with Folesary, 1943,

HONG KONG SAVINGS BANK.

The stress of the above Bank le poturt nd by the 10MG KONG AND SHANGHAI BANKING CORPORATION. Bules may be Cobtained on emptiestoon.

FB THE HUNDRONG AND SHANGHAL BANKING COMPORTATION,

V. M. GRAYURN,

Hong Kong, Lith, July, 1970,

Chief Manager,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

9, Houlevard Haussmann, Paris.

Subscribed Capital Frs. 72,000,000,00 Paid-Up Capital...Fra. G8,400,000,00 erve Funds Frs.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinbon Hattambang Rus

Saigon Cantha Mengtze Shanghai

Nha-Dinh Singatore Neumes Thanhen

Tientsin Pupecte

Touraue

Canton

Djibouti

Fort Bayard Haiphong Hankow Hanoi

Peking Pnam-Jenh Vinh Pondicherry Yunnanfu BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So ciete Generale,

IN LONDON: The National Pro- vincial & Union Bank of Englund, Lid.; Comptoir National d'Escompte dr Parts: Credit Lyonnais.

IN NEW YORK; J. P. Morgan Go French American Banking Cor- poration; Guaranty Trust Co. of New York.

KUALA KANOHAR

(ra.M.B.)

SEREMBAN

SBANDBAL

KISHAPURE

NOUBABA YA

TAIPINI

(2.1.8)

MONOKAI (Bhuket) TANGLAD

YOKOHAMA ZAMBOANGA

(Philip

Inlande?

General

Foreign Exchange and Banking business transacted.

Cent Accounts opened and Fix- el pusita received for 1 year or shorter periods at rates which will

pled on application.

A. I. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York,

Capital, Sarplus and

Undivided Profita..U.S.$224,554,208

Branches in:--

ARGENTINE VELGIUM BRAZIL

CHILE

LONDON

MEXICO

PANAMA 1'ERU

PHILIPPINE

ISLANDS

STRAITS

Liabilities

of Starcholdern. Surplus

PF

4,000,000 %,520,000

Branches, Agencies and Correspon- denta in the principal citien of tho world.

Every description of Banking and Exchange business transacted.

AN ENG HO01,

Manager,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

DANEERS.

Establiabad 18:4.

dung Nung Obes :—11, Quiac's Hond Central. ·

satkarises Capital ........ Quilders 150, 100,000

(£12,500,000.) Paid Up Capital casons Guildara 19,080,000 |,,ita) Keturve Fund .......................... Guldara €0,253,00

(£3,504,562) Hoad Uce:AMBTENDAN Eastwes Strad Cen:-ATAVIA.

ANCHEN-Bandjarman, Handong, Lebay, Caleatis, Charbon, Danber. Dok

and

Commerce

Finance

TRADE REVIVAL.

EXPORT TRADE MUST BE RESTORED.

DIVISION OF OPINION.

ors suid: It is well known that in

MONDAY, MARCH 2, 1931.

PREMIER AND SOVIET

CONVICT LABOUR.

Commander Bellairs Gets Angry.

DOWNING BLUNDER ?

BROKEN HILL REOPENS.

Miners and Companies' Offer.

Broken Hill, Jan. 13.

A nasa meeting of trades union- Ists to-day agreed to accept the A remarkable blunder by one of offer of the mining companies to

most of the basic industries to-day our costs and prices are higher than those of our foreign rivals, and so the Prime Minister's secretaries long as this continues it is inevit-appears to have been made in Mr.re-open the Broken Hil mines.

The companies offere:l to re-open able that our foreign trade should MacDonald's reply to the lotter, the North Froken Hill

ard the go on dwindling until we suddenly sent, to him by Commander Carlyon South Broken Hill mines, the Zins wake up to the fact that our exports Bellairs, M.P., on the subject of Corporation guaranteeing a mini- Prospects for a trade revival are are insufficient to pay for our neces-Russian convict labour employed mam of twelve months operations summarised in the following viewssary imports.

in cutting down and proparing provided that the miners consented of financial and industrial leaders: Mr. Vistor Riley, chairman and timber for export to Britain, writes to accept a basic wage of 158. per Viscount 'Abernon, the well-managing director of Riley (Coven-the political correspondent of the day, with a bonus of 3s. weekly for known authority on financial affairs try), motor-ear manufacturers, was Morning Post- said: The economic crisis which of the view that our whole Indus-

In the first place Commander advanced above £20 per ton. The every pound that the price of lead to-day oppreases the business world trial future lies overseas, and there Bellairs' letter was not submitted Broken Hill mines have been closed in the stupidest and most gratult could be no better example than to Mr. MacDonald, but was sent by for some ous in history. All essential cir- that provided by the motor indus-a secretary to the Customs Depart general economic depression,

months owing to the cumstancea-sxcept monetary wis-try. Our various possessions take ment. Thereupon the member for

Fuller details of the settlement dom-favour an era of commercial annually some 600,000 cars, of Maidstone sent a copy of the letter are contained in, the following cable prosperity and well-being. The which the United States supply no to the Prime Minister for his per received by the London office of means of payment provided by eur-less than 85 per cent.

If we could sonal information. rency and credit have fallen so recapture but a quarter of this im-

North Broken Hill, Ltd., on Janu- Commander Bellairs made the short of the amount required by inmense trade for our overseas mar-suggestion that the British repre-

Ary 14:- creased production that a general kets it would almost doubit out Bentative, in Finland should obtain day accepted companies"

"Mass meeting all urlons yester offer. fall of prices has ensued. This production at home, would provide permission to visit one of the thres Hours question deferred until end has not only caused a disturbance nearly twice the volume of employ. Russian refugee camps there, using of 1931. Companies have the right in the relations between buyer and ment, and would lead to still lower the expression in his letter: "We to give two months' netice of sus eller, but has gravely aggravated prices in the home as well na the have a representative le Finland.pension of productive operations if the situation between debtor and overseas markets.

This obviously referred to the average London price of lend for 24

Auto Badja, Maka, Moda, Padang creditor. The gold standard, which Mr. Felix J. Blakemore, a past British Consul there, but Mr. Mac consecutive days is below £16. Podem War adopted with a view to obtain-president of the National Chamber Donald's reply is made to interpret Unions entitled to give two months' loving stability of price, has failed in of Trade, declared: It is because those in this country who are deck if State basic wage should fall be- "We" as meaning some agent of notice of suspension of agreement

• The offoes have ante depoeli botes to las. Landen Baukera?--National Provincial Bank Ltd. Corcoepondents afi ofor the world

Banking business of every description transacted.

A. RTOKRINK.

Arting Manage.

Hong Kong, 18th August, 1990,

THE BANK OF CHINA,

行銀國中

f believe that economic pressure

Mr. MacDonald's, answer

Con

present level of £4 2a. 64 this afternoon de cided to endorse mass meeting re- eolution to accept companies' terms. Will advise date resumption opera- tions later."

BANK SALARIES.

MIDLAND REVISES SCALE FOR NEW ENTRANTS,

jakarta be lingua”, Judiah, Isle

Palembang. Fontos, Nangoes, Botterdam”, Nemacor* Shangal. (Sunstra), Bingapore, Sourzeba. Sorakarta (Bolo), Tagad, Tilla and its main function. Weltreden

In my belief, joint-action between has produced greater efficiency ansing to put a stop to the dumping low the principal gold-using countries cheaper production and that the of Russian timber produced under Miners' Union of the world would bring about an "die-hard" mind does at iast appre- Prison conditions. Immediate improvement Were sta-eiste the fact that £1,000 per an- Signed Letter Without Reading. bility in the standard of value hum in 1919 has a commodity ex- The most charitable assumption to be restored on the level of a few change value equal to £880 per is that Mr. Ramsey MacDonald is years ago, many of the political annum to-day, that 1 forecast an so engrossed with the business of problems which instability has improvement in our industrial con- the Indian Round-Table created or aggravated would die-ditions during 1981, subject, of ference that he signed the letter appear. Appropriate decisions by course, to no interference by the without roading it carefully. the larger central banks could mo-politician in the shape of addition- dify the economic situation of the al taxation, which must, in fact be follows: underworld within a mouth. They have reduced.

Gov-only to show that they realise the

The Midland Bank has revised its 'ernment as on

underlying cause of the crisis, and

Sir W. Clare Lees, managing have asked my secretaries, when acale of salaries for new entrants INTERNATIONAL EXCHANGE are prepared to deal with it.

director of the Bleachers' Associa any subject has been quite clearly to the bank. As from January 1 Sir James Lithgow, chairman of tion, Limited, thought that confid-departmentalised, and particularly all new clerks in the London ser- ....$25,000,000 00 the Federation of British Indus-ence would return when

$24,710,200.00 tries, considers that a revival in ceased to fall and would make it effect has been made in the House alary

to receive of £70 per Annum $ 3.820,603.89 world trade is likely to set in 1931 self felt when prices moved in au of Commons, to send all letters ad- and no increment will be due

in the sense that the volume of new upward direction.

It was unlikely, dressed to me dealing with the until December 31 in the year fol- business will begin to increase. that we should experience a further subject to the department concern

lowing that of appointment. The By this means the total valume severe drop in values, but it would ed, they keeping their eye upon the increments are subject to "eatis- of, trade, which is

still be a mistake to rely too much on answer which is given. I find that factory conduct," and will be at the diminishing, is likely to be on any considerable increase in world that rule was followed as regards minimum rate of $15 per annum, the up-grade before the end of next commodity prices..

The maximum "scale" salary, reach- your letter. "Trade revival" in the sense of a return to healthy conditions of the Manchester and Salford Trades suggest that an

Mr. A. A. Purcell, secretary of "In your first letter I see youed after ten years, is £205 per an-

agent of yours

Outside the London service new

Reorganised October 26, 1928, special charter of The National

CHINA.

COLOMBIA

CUBA

PORTO RIUO

DOMINICAN

REPUBLIC

INDIA

ITALY

BANK. Subscribed Capital Paid-Up Capitat Reserve Funds

JAPAN

SETTLEMENTS URUGUAY VENEZUELA

Commercial and Travellers' Lettera of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers Inaght and sold. Current accounts and Savings Bank accounts opened und Fixed Deposits in local and for- at rates that eign currencies taken may be ascertained on application to the Bank

F. McD. COURTNEY,

Manager, Hong Kong, 20th February, 1931.

THE

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

1. Queen's Road Central,

Owing to our numerous brauches In Chins and large connections in the important commercial centres of

year.

the

We also handle the issue of Bonds

ese Government both abroad.

Established 1912.

Old And Inadequate Factories.

he

ig A9

"Dear Bellairs,Thank you very much for yours of the $1st.

I

values when an

announcement to

vico are

that

pro.

num.

an initial

We are also able to offer our Cus-

·tomers the services of the Branches world, we are able to extend to our British, industry is not likely to be Council, said that as one well ac should be employed by the Govern clerks in towna of over 500,000 In-

the International Banking Corpora- clients special facilities for domestic seen, however, and cannot be look-quainted with the capacity for ment to make inquiries. Quite ob

and foreign banking and exchanges. ed for by reasonable persons, until work tion in San Francisco and Spain and

and remarkable adaptabi-viously, If the Government is to habitants will receive an initial also of The National City Bank of

Hity of the textile New York (France), S.A., in Paris and ether Public Funds of the Chis- British trade policy is radically al-

opera- make inquiries, it must do it by salary of £60 per annum, and those "Those who have been ex-tives. at home and tered. and Nice.

7708 confident that its own agent; but surely your in towns of less than 500,000 inha- pecting such a revival during the SHOU J. CHEN, inst seven years," he added, "have dawn for Lancashire. The textile You say you have an agent there.

day of prosperity would yet rusponsibility is a very simple one.bitants will receive £50 per annum. The maxima for these two scales Manager. been unconscious of the fact that. industry had been hit most by the Hong Kong, S: March, 1930.

are thus £195 per annum and £185 "In accordance with the while the basic industries of Bri-world's industrial tain were idle, the world volume Overproduction and unemployment, the Government has no authority.

depression, visions of the Prisons Goods Act per annum.

Under the scale adopted in 1925, THE BANK OF CANTON, LTD. of such industries was quite satis- the formidable contradictions of to make inquiries; in fact, the there is a maximum for clerks al- factory, and that the poor showing the present crisis, would them-directions are to the contrary ready in the bank and working on of Britain was due to special dom-selves compel those economic and effect. What it is directed to do that scale, of £870 in London, estic conditions,

What British political changes which would es- is to examine any charges that are reached in the fifteenth year. The Industries require to-day is reason-tablish the conditions for renewed made with details and specific insalary on this scale, after ten years, ed and reasonable confidence on the industrial Reivity.

formation. If you, with your when the new scale ceases. Is $240. part of those in control of them. It

Mr. R. Coppock, general secretary agent on the spot because quite in 1929 the fifteen-year scale was is essential to bring costs in British

the National Federation of obviously he will investigate for modified by the introduction of the goods to such a level as will enable Building Trade Operatives, said you in the same way as he would "probationary" year, which oper- the selling price to attract oversea that the way to prosperity was to for the Government will lay be.ates in the new scale, so that for buyers."

build modern atores, commercial fore. the Customs specific Informa entrants in 1929 and 1930 the maxi- Hopefully Anticipating Revival

and Industrial buildings. Our fac- tion sufficient to enable the mum of £970 on their scale will not Sir George A.. Hunter said that, tories were too old and totally in- Customs to take action under the be reached until the sixteenth year. while present conditions were dark, adequate for modern industrial re- Prison Goods Act, undoubtedly some of them were hopefully anti-quirements and hundreds of them such action will be taken. cipating a revival and improvement should be scrapped. In the New Year.

Interest allowed on Current A- AMERICAN EXPRESS COMPANY.

counts and Fixed Deposits according

to arrangementa,

Every description of Banking mod

Exchange Business transacted.

Safe Deposit Boxes to let

A. LECOT,

INC.

Head Office: 65, Broadway. New York,

Capital

Manager.

Surplus

Heup Kong. Ist May, 1929, .

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1890.

Capital (fully paid-up) Yon 100,000,000 Reserve Fund ..................... Yen 118,500,000 -

Head Ofoo:YOKOHAMA.

Branches and Agencles at:

Nagoya Nuwchwang

Alexandria

Batavia

Bombay

Buenos Aires

(Temporarily closed)..

Calcutts

Canton

Changchun-

New York Onk

Peking

Rangoon

Rio de Janeiro Balgoo

Cairen (Dalny) San Francisco

Fongtles (Mukden) Seattle

Hamburg

Semarang

Hankow

Shanghai

Harbin

Shimonoseti

Honr Kong 7,

Singapore

Honelala

Kal Yuen

Karachi

Kobe

London

Socrabaya Sydney

Tientsin

Tokyo

Tainardu

Tsingtan

Vladivostock

Los Angeles

Lyons Marila

Nagasaki

(Temporarily closed)

Interest allowed or Current As- counte

Deposits received for fixed perioda at rates to be obtained on applica- sión.

H. MORI,

Manager

Hong Kong 10th September. 199

Reserves

.U.S.$6,000.000 .U.S.$1,572,454 .U.S.$1,908,200

BRANCHES:-

Gac Glasgow HATHOG Rumburg

Нат [oleslakan Jaruniam

ملنا

Naples

Nic

Itaur Parto

Feng

Faking Palartzco Rotterdam Hepa Stambol bahal Scalbamplos

Amatandan Antwor

& than

Barls

Datlitu

Biarrita

Bombay

Rena

Brumala

London Busse a Liverpool

Lucer

Luzo

Hellis

St. Moritz

Monte Carlo

Kantia

Music

Montre

Milan

Cantas

Balro Calou

Oktambo Constantinople

Copenhagen Edinbur

Florence Gabava

Branches of American

Singapore

Thalais Vianda

Yokohama

Zurich

+

Express Company in Principal elties of Unit- ed States of America and Canado

Personal investment handled

The Company offers to intending Travolors the us

Head Ofee-Hong Kong.

Authorland Capital (H.K. Currency) 12,000,000 Pald-Up Capil

100,000 BRANCHES Canton, Bhanghai, Hankom, Avalow, Bangkok, New York and Hen Framolano

CORRESPONDENTS

LONDON DANKERS— Tha Lloyd's Bank, Lianised,

la all principal cities of the World. Foreign' axebangu and banking business of avere description Transacted.

Saša Deposit Boxsa [Parfoss alene) at a yourły rousel of from gỗ to B4D,

LOOK POONG SHAN,

Chief Manager Hong Kong, 14th, May, 1930.

(TAIWAN GINKO.)

HEAD OFFICE:~~Talpeh, Formosa. Incorporated by Special Imperial

Charter, 1899.

Central Bank in Forbee

DRANCHES AND AGENCIES

FORMOSA, Eng, Karenko,

JAPAN-Tokyo, Yokohama, Erbe, Oyaka,

Bourabaya,

Semarang, Batavia, Bombay, Langdon, New York, Dairen.

LONDON LANKEDS 2

The Bank has Correspondente in all the principal costs.. Commercial Centres throughout the world,

K. NAOVNA.

Monger.

of its "Travelers | HONG KONG BRANCH:

3. Do You Bond Central. Hong Kong. 10th January, 1929.

STANDARD TIMES.

Chequra" and Letters of Credit and, In addition, the world-wide services of it thoroughly equipped, Travel Do- partment

Afiliated with

.

The worldwide

of

signs of tha

This,

Customs.

law.

The Evidence..

IRON PRICES CUT.

The above reductions apply to

Mr. John Bromley, M.P., said he THE BANK OF TAIWAN, LTD. depression would pass, but would believed there were visible in sev

"It is absolutely impossible for NEW RATES FIXED BY GERMAN our depression pass? Each year eral directions

me to make myself responsible for

PRODUCERS. they had been told that the good hreaking up of the terrible winter every piece of departmental work time was coming, but it had not of trade depression, and he was House of Commons or by others, sent to me by members of the

Cologne, Jan. 14. come and he could not honestly say sufficiently optimistic to think that but I have listened again and prices of German iron were fixed- The anticipated reductions in the. it was coming. To bring it we trade and employment would short again to questions being put to the to-day at nine marke per ton for must restore our export trade. Bank-Molon waned Average aspas, 4.80.00 Safeguarding would provide work would steepen rapidly once it got Complainants have been challengten marks for fine piste. six marka ly take an upward curve which

Chancellor and to his answers, merchant iron bars and rolled wire. long. for many of our people and safe-

going, Makong, Nanto, Bhlachika, Talohu, Talna, guarding would come. But safe-

ed repeatedly to lay the evidence for thick sheets, and eleven marks OHINO now. y. Foochow guarding alone would not restore the Federation of Engineering and tons before the Commissioners of the case of anished products were

„Takao, Tamné, Town, Hello, Tales,

Mr. W. Sherwood, president of

upon which they base their ques for hoop iron. The reductions in Swatow, Canten.

our imperatively needed export Shipbuilding Frados, said that the. All classes of Commercial Banking OTHERS100g Кост Bingapore, Tranesction's undertakon..

Baleate trades. The only way to do that

between 4 and five marks. naval programme of the Govern- was to reduce our prodigal nationment had been brought forward and evidence which would enable ac-basic prices and in the case of mer-

"In no case have they produced agcounts The Loudon County Water and Para Bantal expenditure and our high wage the requirements allocated.

Sir Walter Runciman contended together with the prospect of build- tion to be taken under the Prison chant iron and loop iron further been determined. ing two huge Cunarders, and the Goods Act that would be sustain rebates have that we could never have any fact that freights were beginnin, able if challenged in a court of These will mean a total average vival of trade so long as the l

to improve, made the outlook some-

reduction of from 11% to 12 marks drafted, and ill-executed "dole"

"The request is still open and, on merchant iron and of about 18 what brighter, Act was in force. The Act should

unless something is done by you marks" on hoop fron. If the price be repealed or amended. It only

Five new typo depressed flat cars and the other accusers, it is not reductions are not so sweeping as equalled in degree the unsound fin- of a carrying capacity of 269,500 the indifference of the Government, hoped for in some quarters, their ance of overtaking trade out of existence by abnormal death duties pounds or 185 tons each are being but your desire to make charges announcement will give a pronoune- constructed by the Canadian Pack order to start & political stunt for

without adequate evidence, in cd fillip to the German iron trade. Colony.

and ordinary taxation and surtaxes.

de Railway

Traders and consumers have at its Angus Stops. Lord Inchcape said that the fur Montreal. The ca frames are cast no higher motive than that you been withholding orders pending Suprise and Sunset in Hong ture of the country was to a great in a single piece and weigh 60,000 should cross the floor of the House the reductions. Had the coal Kong for March 1981,

Stan-extent in the hands of the trades

¡miners' wages in the Ruhr been re- dard time of the 120th Meridian, union leaders. Unless they realis-pounds, while the whole car has a weight of 107,000 pounds. The

duced by 8 to 12' për cent. fablead as foled the economic position of the total length is 54 feet 5 inches. East of Greenwich) Arc

of the six per cent. provided for in lows:-

[country' In the arena of· ínterna-

the' arbitration' award, the fron re- Date

tional competition we should come

ductions would have been greater. to grief, and they and all their members would abare in the disaster. At the same time he be Heved that the adeption. of John recently, that, trade betwear to-day, as we now know where we private individuals to lay evidence more wholesome policy would IES Canada and South Africa is grow are, and when I said we it before the Customs that would win tantly prove that our people were ing steadily, that for 1929 having naturally means the country to a caso in a court of law..... sound at heart. He did not believe increased 85 per cent. over 1928. which we belong. Hence the phrase "Your final paragraph shows how we should ever fall into the abyss There is a good market for canned in my letter, we have a represents had your case le. I have no of of Communiam

Ash, confectionery and electric tive in Finland, obviously referred Jection to the description of a poli- to the British Minister, who could(tical stunt, for the matter is grave- stoves, he said.

make inquiries in the refugee ly political, and 'stunt' is defined in The directors of the Fredericton camps as to the extent of prison the dictionary as a "speciell taak. Exhibition have expressed the opin labour in the Russian timber "I am merely asking that the law on that the time has been reached camps. T

shall be enforced. If it is inade-

THE CHASE NATIONAL BANK Sunrise and Sunset in

Resources ..Over C$2,500,000,000

E. W. DUGGAN,

Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10. Des Voeux Road, Central. HONG KONG

Capital' and' Surplus

Total Resources

Save over HLE 2,000,000.00

............ aver... 11.450,000,000.00

Every description of Banking and Exchange business

transacted.

Current and Fixed Depoalt Accounts in local and for-

eign currencies: opened for clients.

Savings Account and Safe Deposit Boxes

|

3.11. p.m. Sunrise Sunset 6,45 6.27 6.44 6.48. 6.28 6.42

6.29 6.41 6.29 6.40, -6.29", *6.89,- €129 6.38 6.30 6.88 6.80

6.29

6.37 6.36

6.3179

6.81

Mr. William Howarth; president of the Bolton, Master Cotton Spin- ners": Association, considered that 6.866.87. the problem the cotton trade had to 6:34 6.92

solve was how to reduce production 6.33-6.88 coste and to bring them to a rarity 6,58 €28

which would enable the consumers; 6.82 8.88 mainly agriculturistas to buy freely 6.81* 638

Branches and Agencias" all over the world.

KAN TONG PO,

Chief Markger..

8.20 6.34

6.28 6.34

of Commons.

"Yours Sincerely, (Signed) "J.-Ramsay MacDonald. Commander Ramsays' Retort. C. S. Blasett, Canadian Trade

Commander Bellairs, on receipt Commissioner to South Africa and of Mr. MacDonald's letter, sent a Rhodesia, with headquarters at reply, in which he stated: Cape Town, stated, while in Saint

1.

"I am glad to have your letter of fore, sheer sophistry for you to ask

when a building expansion in noces. "Anyone" following » particular, quate to theet the surprising condi- sary and work will probably be cargo on Russian territory would tions in Russia, then the Govern started next Spring in additional be shot for industrial espionage, ment is asked to apply, to Farlla- Lower Predictions Colts buildings to house fruit, floricul and if he escaped his evidence ment to strengthen the law. At Mr. W. L Hichend, challan of ture, dairy and agricultural would only affect that particular present we cannot induce you even Cammell Látr'and: 06., shipbuilds | fbita

cargo'shd no moře. It la; there to make inquiries."

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