BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Sorin Capital 132,000,000 İsound and Pully Puidup on 536,000,000 Sawarra Funda tem
Shelly
Alver......
₫ 8,300,00 15,200,000
Becerra Lūk City of Proprietove w....... §36,000, 10% HEAD OFFICE: TONO KOND.
BOARD OF DIRECTORS 1-
Ham, Mr. 0. 0, 8. Maskia, Chalzman.
Mon. He, J. J. Patarson,
Deputy Chairman,
Man, MG Fži,· Deli, T., R. Pearse, Rog
4. N. Dompton, Esq. J. A. Plummar, “Eng
M. Landar Lamb, Esq. T. H. H. Show. Xag.
9. Mirkio, Esq.
AMO?
SELANGKUS
MATAVIA
SUMBAT
4. 9. Warren, Eng Chief Manag
F. H. Grayburn, E
FALCUTTA
CANION
CHEFOU
BRANCHES:—
LONDON
LYONS
MALACCA
MANILA
kták (Jokonal
MUEDEN
NEW YORI
COLUMIN
PEITING
RAILER
POUCHOW MALKUUNG
SAMBUNG
SJANROW
*ABIN #ODOKEW
SINGAPORE
BOUKABATA
EMILLY
w
BUNGE PATANI HENTAIN
2010
TUKYO
KODS
ISINUTAU
KOWLOON
KUALA LUMPUR
à.
THE CHARTERED BANK OF 'INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON, Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors
THE CHINA. MAIL.
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE: SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C. £3,000,000 Authorlaod Capital Strata $20,000,000 £4,000,000 Issued Capital
Paid-up Capital
.£3,000,000 Reserve
Agencies and Branches:
ALUR STAR
[Malay Basan)
AMBITHAR
BANGKOK
BATAVIA
HUMWAY CALCUTTA
CANTOR CAWNPORE
CEBU
COLOMDO
DAIBEN (Dainy
Boush Kanokoria)
DELI
HAIPHONG
(N. Manoburls)
HAMBURG
MANIOW
HARBIN
TỜNG KONG
LOLLO
HARLOHI
ELANO
פנסיון
KUALA LUMPER KUCHING.
MADRAS
MANILA
MEDAN
NEW YORK
PEKING
RANGOON
PENANG
JARGON
BEMADANG
SEREMUAN
SBANOKAI
SINGAPODE
SITIAWAN
BOURABAYA
TAL· (F,M.S.).
TIENTEIN
TOKYO
TONOKAR (Phuket)
TRINGTAO
YOKOHAMA
ZAMBOANOL
(Philippine Folando)
And
General
PENANO RANGOON
MAIUUN
HAN FHANCIBO
GUARGUA
EODE
KUALA KANGSAM
(Park T.M.6.)
Foreign Exchange
Banking business transacted.
Current Accounts opened and Fir
ud Deposits received for 1 year or which will shorter periods at rates
be quoted on application.
J. STUART,
Acting Manager.
Hong Kong, 28th May, 1931.
YUKUHANA
Current Amounts optied in Local Various and a posive aceited to one your or ahdeser uncinda in Local Currency and tarling a terma wink will be quoted be application.
„lang Kong. Seth February, 19.
HONG KONG SAVINGS BANK.
The Uvalume of the above Beat is mondunk ed by the HONG KONG AND SILANGHAI BANKING CORPORATION. Buer may be
atalard on application AND SHANGHAI
FOR THE
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 55, Wall Street, New York.
Capital, Surplus and
Undivided Profits ..U.S.$226,037,392
Branches in:-
Liabilities
of Shareholders Surplus
8,000,000
4,000,000
4,000,000
2,626,000
Branches, Agencies and Correspon- dents in the principai cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
INFIHIRIANDS TRADING SOCIETY)
DANCERS
Etablished 1894.
sag Long 05:-11, Quna's Bond Charni Avikstand Copfial ................. Bustdəm £55,000,000-
Paid Ep Capital
Ramsèvi Pund
€4,500,000,
Quilders 60,080,00€ (41,049,170) older 10,016,00
(23,604,683)
Bad Omon-AMSTERDAM® Eastern Head Omon-BATAVIA,
BRANCHES
Bandjorsale, Handnang, Bombay Calcutta, Cheribon. Dintober. Do Iskaria", The Hagse", Judday, Koba Kota-Rudja, Makumour, Madan, Padang
Post
Suzurang
Weltevrądu".
Radfoot
Bhanghai, Singapor Bourball
• Theus călove kave safe deposit boza to 1st. 'Landoo Baubin --Natinal Provinsial Rack Iki. Cortaspondents all over the world Canking buslan of avery descrípulos jassoted.
1. STOKKINE.
Bong Kear, 19sh August, 1999,
Kang.
Commerce and Finance
CONFIRMS WHAT A FAIRY TALE FOR
THE PRINCE SAID
British Selling Methods.
MUST BE REORGANISED.
EUROPE.
Kritzman at Wheat Conference.
vitation
TUESDAY, JULY 14, 1931.
WISDOM" AT
WASHINGTON.
Views of the Economist.
WHAT NEXT 7
BRITAIN 1,000 YEARS
HENCE.
Dr. Inge's Dream That May Be Realised.
A1 HUSBAND AND WIFE.
The Dean of St. Paul's,' in 'u
"It happens, too, as it does not the saturation point, but several at such Confer other considerations. besides the
The
are no very
**Time and place conspired to ensure that the maximum of world lecture to the Royal Institution on wide notice should be accorded 'to "The Future of the Human Raco," the biennial meeting of the Intor-said that physical evolution seemed antional Chamber of Commercej to have stopped, or even given place "NOT TO STOP DUMPING.
Long be- which took place at Washington. to slow retrogression. With a few pointed words the For, apart from the obvious fact fore "the human brain reached its "Only the day before yesterday I Manager. had a few words, quite by chance, Chairman of the World. Whent Con- that the height of a raging epidemic culmination man took a fateful stop should with an acquaintance, a Briton, who' ference invited the Soviet delegates is the psychological moment for the he began to use tools, on which, if happened to own a
British motor to break their allence and to state public deliberations of eminent doc-we did not take care, we car in Cape Town," said Mr. their views on the causes and cures tors, it was also very much to the soon become parasitic. The lectur- Graham White, M.P. In the House of the world crisis. The same in good that at such a moment the er drew a picture of Britain' 1,000
extended to
the American public should be put into years hence as he would like to see, of Commona.
He said it was a dream which of the great.
over- closer touch with the views of it. "He had a breakdown, and wanted delegates dome spare part. It took him a sea wheat-exporting countries, says European industrialists and should might be realised if we wanted it
hear plain speaking on the causes of enough. great deal of time, trouble and re-a Rome correspondent..
A remarkable speech was made the great economic depression both Dr. Inge proceeded:-"Come with search to find out where it whs pos sible to obtain A spare part in by Kritzman, chief Russian delegate from them and from their American me to my imaginary Britain." The maximum population, has been fixed South Africa. Eventually be found and vice-commissar of the Five Year counterparts."
-The Economist. at 20,000,000. This is far from someone in Durban who was alleged Plan. He painted a picture of a to be an agent of this particular lovely, care-free Russia, in which firm, and, after three weeks, he life was one continual harvest fes- always happen succeeded in getting a spare part, tival of joy and contentment. It ences," adds the Economist, "that food supply have been thought of, which turned out to be second hand was evident that he looked with the pronouncements of many of the and it has been decided that the some pity on the rest of Europe and leading delegates were well worthy people shall not live in crowds, and would not work at all..
are allowed to have "These are the things, small in hoped for closer collaboration with of so important an occasion; and the No persons themselves, which, in the aggregate, other less fortunate countries of the reports of the weeks' proceedings children without certificates of Shore of very great importance, in the world. But while, willing to listen provide abundant food for thought bodily and mental fitness. Soarskatts (Balo), Togai, Tapas establishment of our British trade, to what they might have to propose, to the rulers and business men both tendency is for, the population to almost atationary, al- the Bolshevist Government would "of the United States and of Europe, remain The Story of the Spades, "Take the oft quoted incident of not commit itself to any plan of not because any new diagnoses or though the death rate is very low, remedies for the current melody for large families are neither ap- The majority the Peruvian spades. A Briton proposed action.
Speaking in a nervous and self- were forthcoming, but because the proved nor desired. there saw a very large programme of public works being, carried out conscious manner, Kritzman said he general effect of the discussions was of the people live in villages and by indian workmen who came down recognised that the world crisis was to leave three great problems stand small towns; there
*A transcending large cities except London. from their camps and engaged in caused by over production, with a ing. out clearly
Mental and physical tests are, part of school and university train- this work for three months, and as consequent slump in prices, but to all others-namely; Disarmament, part of their contract, were entitled this he added "world underfeeding", Tariffs, and International Lebts. to take away at the end of that and a generally lower standard of Our Dellance of Economic Laws. Ing; these, and family histories, are "A deal of economic wisdom may registered, and an Al husband or life in Europe and America. Ho
much sought after as period the spades with which they then told his silent audience that be read between the lines suggested wife is na
and titles once were: had been working on the job.
these conditions did not prevail in by such American speeches as those wealthi "In these circumstances the con- tractor out there did not want a Russin, that there was no crisis in of Mr. Melvin Traylor, president of Physical perfection is cultivated,
Russia, that the problems which the First National Bank of Chicago, and a rational costume spade which would last for three ficted the rest of the world did who, according to the Washington sexes, cheap, becoming, and scanty, years, but one which would for the
correspondent of the Times, utter at any rate for the young, enables three months and just a little
Wockers "Contented," red a 'scathing denunciation' of the beauty to be recognised in the body longer, so that it might be of some
Passing from this descriptive business and financial policies of his as well as the face.
War has been abolished and all it away. The Briton, seeing the light, he pointed out that growing own country and declared:-"We' Commercial and Travellers' Letters
Bervice to the man who was taking
of Credit, Travellera' Chequos, Bilis
possibility of doing trade in this industry had stimulated agricul- have not failed because of ignorance tariff walls; the nations of Exchange and Cable Transfers
particular article, wrote home for tural produce, and to meet this ris- of economic theories, but because of world remain distinct and indepen- bought and sold. Current accounts
quotations, and in due course, heling demand a monopoly system and, our utter disregard arui defiance of dent, but their emulation is friend- ly, like that of the counties at scientific methods had enabled them all economic laws." and Savings Bank accounts opened
received a magnificent spade for
"This indictment followed closely cricket or the public schools. Most and Fixed Deposits in local and for-
at the of the nations are nearly self- addresses given better than anything that was being to reduce the cost of production. at rates that eign currencies taken may be ascertained on application to
used in Peru, and very much more Quite calmly he then told the Con-upon
ference that the workers in Russia Academy of Political Science, in one supporting, both in raising food and Food is every the Bank..
costly. We are also able to offer our Cus- Owing to our numerous branches in
"He, therefore, obtained a speci-were contented, and, without saying of which Mr. Russell Leffingwell, the in manufactures. tamers the services of the Branches China and large connections in the im- of the International Banking Corpori portant commercial centres of the men of the spade that was required, why, he added that there was no well-known American banker, called where cheap and abundant, and less tion in San Francisco and Spain and world, wo are able to extend to our and sent it back to Sheffield, or unemployment. To import ma for an effective demand on the of it is consumed per head, so that IN FRANCE: Comptoir National] also of The National City Bank of ¦ clients special facilities for domestic wherever it was, and waited for the fchinery, however, they had to export Governments of all nations, includ. the small importation which may be
New York (France), SA, in Faris and foreign banking and exchanges.
wheat. Ing our own, to atop this war of weeded is no burden upon industry. their principal product and Nice.
Wo ales handle the issue of Bonds reply which came in due course to They were against preferential tariffe and subsidies, with which F. McD. COURTNEY, and other Public Funds of the Chin- this effect: We are sorry: we do Mannger. ese Government both at home and not make spades of this kind. In Hong Kong, June 16, 1981.
every country you will find accum- SHOU J. CHEN,
ulating evidence of lack of energy Manager.
and lack of desire to find out what Hong Kong, 6th March, 1981. ·
our customers want."
If nothing were really known about pect unless present excessive tariffs nominal. "He Left It." "In British Columbia a farmer was because Soviet Russia had such modification the United States most nil
the conditions in Soviet Russia "it are modified, and urged that in legislation; national taxation is al- The Parliament, which' wanted some farm carta. He found
meets for a fortnight or so overy just what he wanted in American ever before been invited to attend could and should lead the way.
Europe Took the Opportunity.. year, is a dignified and orderly previous conferences, In conclusion, catalogues, but he preferred to buy he hoped for closer collaboration in
composed largely of ex- "Meanwhile, European delegates Senate, British. Besides, the preference to the future. They would listen to to Washington have by no means officials and retired business men. British exports might save him a what other nations proposed with wasted their opportunities. Herr It is an honour to belong to it, since little-on-the-price_writes Mr. Hamilton Fyfe in Reynolds's Illus-out, however, making-any-commit-Bergmann, the German-spokesman, politics is no longer a dirty trade,
ments or acceptances.
stressed the importance of review but the elections to it do not arouse trated News.
The impression created on the ing the ramifications of the effect of much interest..
ANKING CORPORATION.
T., GRATOURN,
Hong Kong, toth July, 1980,
Chlď Manager.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
996, Boulevard Haussmann, Paris.
Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital .. .Frs. 62,400,000.00 Reserve Funds ....Fra 102,000,000.00 BRANCHES:
Ganthe.
Bangkok Hong Kong Quizhon
Saigon Battambang Hue
Shanghai Singapore The hà Tientsin
Canton
Mengtzo NamDinh
Djibouti
Fort-Bayard
Haiphong Peking 'Tourano
Hankow
Fanol
Numes... Papeete Prom Panh Vinh Pondichery Yunnanfa BANKERS:
Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So exe Generale,
IN LONDON: The Nations! Provin C & Union Bank of England, Ltd.; Comptoir National d'Escompte de Pars; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Co. French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowed on Current Ac counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Business transacted. Safe Deposit ̃ ̃Böxos to“let."
A. BONNAUD,
Hong Kong, 1st May, 1981.
ARGENTINE LONDON
BELGIUM
PHILIPPINE
MEXICO
BRAZIL
PANAMA
CHILE
PERU
CHINA
COLOMBIA.
CUBA
DOMINICAN
ISLANDS
PORTO RICO
STRAITS
REPUBLIC SETTLEMENTS
INDIA ITALY JAPAN
"
,URUGUAY
VENEZUELA
THE
AMERICAN EXPRESS COMPANY, INC.
Herd Ouce: 65, Broadwaj, New York.
Manager.
Capital Surplus Reserved
U.S.86,000,000 .U.S.$1,672,464 U.S.$1,908,209
BRANCHES
Ameriam Antwerp
Genos Olasgow
Bagle
Basica Hamburg KRYD Interlaken
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully pald-up) Yen 100,000,000 Beserve Fund
.Yen 115,000,000
Head Office:YOKOHAMA,
́Branches and Agencies at: Alexandría
Batavia
Berlin
Bombay
Safeutta
Canton
Changchun
Hankow Harbin
Hong Kong
Fonolulu
Manila Nagasaki
Nagoya
Newchwang New York Osaka
Pelping Dairen (Dainy). Rangoon Fengthen (Mukden) Rio de Janeiro Kamburg
San Francisco
Seattle Semarang Shanghai Shimonozak Singapore Soerabaya. Sydney -Tientsin
Tokyo Tsingtaw Interest allowed on Current Ac
Kai Yuea Karachi
Kobo
London
Los Angeles
Lyons
conste.
Berliz Barrika
Hombay
Basmat
Jerusalem
Lido Látarpeel
Brusela
Landon
Busto Ars
Lucerne
Lugano
В
Maralle
Monte Carla
Manila
Munich
معاونة .
Packa
Paki *Palaris
Rotterdam Ba
Blamboat Shanghai Boytheplan Surgapore ds. Scorin Tintel
Varns
Oniro Delovits Сезам Volcombe .Connextioople
Copakag Edisburge
· Venice Plortant
Yokohane Geners
Zurich Branches of American Express Company in Principal cities, of Buit ed. States of America and Canada.
Kostrom Miles
THE BANK OF CHINA. 行銀國中
Reorganised October 26, 1928, under special charter of The National Gov INTERNATIONAL EXCHANGE
ernment as an
BANK.
Subscribed Capital....$26,000,000.00 Paid-Up Capital $24,710,200.00 ...$ 3,820,503.92
Reserve Funda
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4. Queen's Road Central,
abroad."
THE BANK OF CANTON, LTD. Established 1912.
wing
Head Ofce-Hong Kong.
Authorfand Capital (H.K. Ourrency) $11,000,000 Paid Up-Capital
8,684,800
la a
DRANCHES
3,100,000
Menton,
Canton, Shanghai, Banker, Benglish, New York sad Ban Francisco.
CORRESPONDENTS |
LONDON HANKENS :-
The Floyd's Bank, Kimiler principal "clilan of the World.
Foreign stangs and banking bestases of
atery description traslad
Safe Deposit Bazes (various alase) si a Youzly
I of $3 to $40,
LOOK POONG SHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD. (TAIWAN' GINKO.)
曲
HEAD OFFICE:-Taipeh, Formosa.
not afflict Russia..
tariffs.
-
for both
of the
No Wars, Doles Or Lawyers, Since there are no wars no army strangling
world's they are
the Kritzman then passed to a picture trade, while in another Mr. John or navy, no national debt, na foreign of an ill used and neglected Russis. H. Fancy claimed 'that interpolitics, no doles or class bribery by Referring to a remark by the Chair-national trade is unlikely to revive taxation, the functions of the cen- Government are almost man of the Conference, he said that on the scale we have a right to extral
There is very ilttle
He found, however, that the Bri-Conference by the Russian contribu reparation payments Inter- Equality of income is not aimed tish manufacturers did not make tion to the deliberations may be national cummerce, and Signorat, but there are no opportunities what he and other farmers wanted. summed up as follows: "We mean Pirelli, the
to the United States."
BRITISH TRADE LOSS.
KAILAN MINES.
Italian
at* "with-
industrialist, of making large fortunes and no They made a stout, solid, heavy cart to go full ahead with wheat produc- talked of the 'persistency and pro. motive for an ostentatious manner that would last for ever. If he tion and dumping. We do not want gressive growth of the 'European/07 living,, Soclul prestige is at didn't like it he could leave it.
any tariffa against our dumping. deficit' and sought a way out that tached to a family who can show "Well he left it. His order went We listen to you and tell you fairy. would be to the mutual benefit of Al ancestors on both sides for three generations. Local taxation is tales, and we will bind ourselves to Europe and America, nothing."
Nor were our own British dele- necessarily high, but the citizens There get the full benefit of it: gates lacking in constructive con-
land and lawyers, are no tribution, In a striking appeal for
hands houses ..change economié freedom. Bir greater
value assessed thair Alan Anderson asked; 'Must wo continue the practices which limit out expense. and the municipality is the univerzal arbitrator. Medical neighbour until we prove our folly
of labour are short, but every one by bringing international com
a serious is encouraged to have merce to a stand still? Good credit.
absolutely ting and gambling are The total output of the Kailan and free buying will soon restore us, hobby out of working hours. Bot BRAKOHES AND AGENCIES: accounts JAPAN:-Tokyo, Tokuhama, Kobu, -Omska, j
FURKOBA Ulina.
The 'ordinary Kegl, ranko, Keela try are commented on" by Mr. J. Mining Administration's mines for but, until we-are once more prepar Tak Nasic, allankite, as, Talen, Laird, the acting Senior. Warden of the week ended June 27 amounted ed to buy from each other, the more forbidden, and so is all undue extra-
produce and rofuse vagance in drese.
male dress is a tunic, over which to buy, the less we shall sell,* CHINA-karbal, Hanko, Foodkow, Mines, in his report for last year to 91,642 tona, and the sales to we struggle
cloak may be thrown in cold "Sir Alan, was supported by Dr.
weather. W. H. Contes, director of Imperial
Wireless has partially supersed- Chemical Industries, who exhorteded lectures and concerts. It is not
All classes. of Commercial Banking Transactions undertaken.
Personel handled.
investment
The Company offers to intending Travellers the use of its "Travelers Chiques" and Letters of Credit and, In addition, the world-wide services. of its thoroughly equipped Travel Da Partment.
Affiliated with
Incorporated by Special Imperial
Charter, 1899.
Cairal Bank La Formoss.
Foreign Engines in Mines in Malaya.
Developments in the use of power
Bank Notes sened Average amount ofan. 1.000.000 plant in the Malayan mining indus
Hello, Tallo,
Brsiow, Canion. OTHES-Bong Kong, Singapore, Boarabara, as follows:
Bemarang, Batavia, Bombay Calcutta The American and German 'en.
Landon, New York, Dairen
LONDON BAKKER81
Commercial Centres throughout: the world.
K NADURA.
MACAO
2, Dae Your Boad Danieri. Hong Kong 29th January, 1936
Deposits received for fixed periods THE CHASE NATIONAL BANK OKO KOND BRAN
at rates to be obtained on application.
H. MORI,
Hong Kong. 11th April, 1981.
Manager.
Resources Over $2,500,000,000
C. H. BENSON,"
General Manager,
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
Des Voeux Road, Central,
Capital and. Surplus Total ResourONE.
TONG KONG
over HS 8,000,000.00 over H.$80,000,000.00 description of Banking and Exchange business
Fixed Deposit Accounts in focal and for uroneles passed for clients P
Inga Account and Safe Deposit Boxes. anches and Areneles all over the wor
ginee are supplied on particularly
service.
Output for June Over sales? Must we play boggar-my-assistance is communal. The houre
91,000 Tons.
58,477 tons.
Diatant lands may
This ta
The London Carly Weliciter and Part's Bank easy purchase terms and, what is
The Bank foe Correspondent in all the pissis more important, are giving good by the demand for this type of the high tariff countries to black uncommon for, a new, book to be
power unit in the gradually develop out the red tariff lights before
are few in number, newspapers Chinese miners stili favour the ing palm-all industry. Steam baing which trade trail now halts in rat read aloud on the wireless; the use of oil engines for power pura necessity in the production of hopeless immobility, while In a since, party politics can hardly be poses. American oil engines are palm oil, a number of factories are thoughtful paper surveying thegald to exlat. very popular, though the Installing making use of the steam engine as world depression Sir Arthur Salterbe very easily visited during the of German oil engines continued to a prime-mover in addition to the deftly unravelled the threads of week-end, for the aeroplane can make headway and, for the year demand for steam in the method of debts, tariffs, fear paychology, gold over 250 miles an hour.
maldistribution and parochial
a hasty skotch of what I think. under review, shared with the production.
This comparatively new industry economics which run through the we may fairly hope to achieve with, Americans, in equal numbers, the
in a thousand years if we really new engines installed. Little or no has opened a market for a number tangled European skein. ARE INVITED TO INSPECT OUR progress was made by the suppliers of second-hand, self-contained steam "Once again the captains of in- desire It. But civilleation contains of suitable: British, oil engines to generating units lying idle as a redustry of every country have met in within itself the seeds of its own meet the demand for new units.sult of the policy in the mining conclave and pointed out to the dissolution, and irreparable disaster
Users of steam plant, however, industry, mentioned above. Most Governments and the peoples the is by no means impossible. prefer to use steam generatore of of the palm oil plantations and fac. only road that leads to economic future is in our own hands to make British manufacture and all steam toties are situated in the district salvation. They have heard once or mar. If we fall into the pit we generators Installed during the year between the Bernam River and more reiterated, emphasised, under shall do it with our eyes open, and were supplied by British manufac Klang, and the department has de laed, at a moment when all must we shall deserve our fate... turers or their licensees. A slow voted some attention to the dele have learnt much in the Ward, school
YOU
STOCK OF ASIATIC FOREIGN "AND
·COLONIAL*
POSTAGE STAMPS
IN SETS, SINGLE PACKETS, BAGS AND IN APPROVAL SHEETS
GRACA & CO.,
Dralers in Postage Stam
Philatelic"
KAN TONG PO
STREET
Box No. 620, HONG KONG)
Our
The average woman spends from. but steady decrease In the number terious action on steam generators of adversity, the immutable truth of of steam generating units at work of the waters in this district when economic law, which, briefly stated, one-sixth to one-eighth of her life. In the mining industry denotes a used for steam generating purposes. is that, in proportion as the free in shopping of some kind or an- continuance of the polley of sub In dredging circles steam gen flow of commerce is blocked the pro other Mr. A. H. Williams. stituting these by the Increasingly orating plant continues to hold its duction of the nations will be re- popular self-contained Internal com place, in spite of the many advan stricted and the recovery of their of economic warfare humbled their Bustion power unit using oil as fuel, tages bffered by the use of electris prosperity, effectively impeded, and narrower pride, so that at long last 5 The Use of Steam power this, however, may be due the peace of the world jeopardised they will latent Or will they still A degree of compensation for the to the disinclination to incur the by the strain of economic warfare. harden their hearts and evermore decline in the usa of; steam gaberá expense of conversion at the present Hes the great depression and come out by the same door as in
the world-wide
the failure they went ?" tors in minin circles is indicated time.