WEDNESDAY, MARCH 2, 1932.
A Brilliant Lecture,
THE LEAGUE OF NATIONS
THE COVENANT AND ARTICLES.
Striving for Peace and Justice.
THE CHINA MAIL.
against the other members of the League, and in that case thoj members of the League under- take to prohibit all trade and commercial relations with the offending nation, as well as sever diplomatic relations.
shares
COMPANY MEETINGS
amounts
(Continued from Page 1.)
to during the year under review, add-;
ed, two now freezing stores to our extensive storage accommodation and are in a position to meet all demands, for space. We have also
Although we read that Russia is from last year, involved in a dispute with Japan, $666,420.42 which it is proposed to we cannot be sure of this, and if deal with as follows:- the League were to enforce Article|To pay Dividend of XVI, Russia may side with Japan,| $1.60 per share on and then there would be two very 260,000 shares......$375,000.00 ordered, and hope to have in full powerful nations arrayed against To-pay Bonus of 25 cts. the Lengue. Russia cannot join per share on 250,000 the League until the Soviet pro- rcises to respect all International Add to Cattle Reserve.. treaties, Russia will not recognise Add to General Reserve treaties entered into with other Add to Fire & Typhoon ¡powers prior to the 1917 revolu- Insurance Fund tion, except those which are not To carry forward the detrimental to her own interests, now site Iussia is not a member of the
League.
A Bait.
By Mr. R. C. H. Lim, B.A, LL.B.
Following is the substance of the lecture delivered on February 29 in the Hong Kong University Union Assembly Hall,
I
Article at the present day in Disarmament Conference ting at Geneva.
Article X guarantees the terri-
servo, $50,000.00.
To Carry Forward to New Ac- count, $12,GD7.62.
5
of the Company be altered in mar- ner following:-
(a) by deleting the figures $10,000.00 In the third line of Article 95 (a) of the Company's Articles of Association and sub- stituting therefor the figures $15,000.00,"
Seconded by Mr. D. S. Balley, the motion was carried unanimously,
Profits Highest in History.
These present were:-Sir Robert Almost the whole of, the revenue Ho Tung, Messrs. F.A. Joseph, T. during the year under review was E. Pearce, A. H. Compton, A. H. operation, a further 10-ton ice tank derived as a result of the opera White (Directors), Mr. L. S. Green- and are constructing an additional tions of the Company within the hill (Secretary), and Messrs. A. H. 62,500.00 Ice store for carrying a larger sphere of its Invertment Trust C. Chambers, H. A. Rodgors, D. V. 100,000.00 stock of ice to meet the heavy de- business, and in the circumstances, Steevenson, E. G. Smith, F. H 50,000.00 mands during the Summer months, the proft for the year of Crapnell, W. S. Bailey and J. F.
Wright (shareholders),
KNOCKED DOWN BY A 'PLANE.
Woman Receives Injuries.
torial integrity of every member; Article XXI is a bait to bring the most of our investments at I now beg to propose that the of the League, and under it the United States into the League, for favourable prices which gave us a Report and Accounts and the pro- members undertook to respect and'
it provides that certain doctrines net profit of $149,183.65 as shown posed appropriations as submitted preserve against external aggres-
should remain valid, This refers, in the Profit & Loss Account. The be adopted and passed, sion all members of the League.
of course, to the Monroe Doctrine, remaining Investments are valued America prohibits in our books at $83,162.08 whilst dis-under which
Les-
or
South
Reserves.
AT KAI TACK AIR BASE.
An accident, happily not attend- ed by a fatality, occurred at the Kal Tack Air Base, Kowloon City, yesterday, shortly after noon, ac- ocrding to a Police report.
I should like to express the $170,429.57, the highest in the his- 10,000.00 thanks and appreciation of the tory of the Company, can be re- - 68,920.42 | Directors and Shareholders to the garded as satisfactory.
Management and Staff for their It is intended, in future, to con- * $666,420.42 | loyal and faithful co-operation fine payments of Dividends to an- Investments.
which has made possible the satis- nua! distributions, and abandon During the year we disposed of factory result now before you. the policy of interim dividends. Mr. R. C. H. Lim, B.A., LL.B., the
This is because whereas profits lecturer traced the genesis of the
might be satisfactory in the first League of Nations, which was or
half of a year, there would exfat, iginally formed by Mr. Woodrow
per contra, the possibility of Wilson, President of the United
securities depreciating to such an States, in 1919. It was a fact to
Pillar of the League.
extent in the second half as to be deplored that the United States
Before the Sino-Japanese
any Enropean power from inter-their market value on December 31 HONG KONG REALTY AND TRUST render necessary the utilisation of was not a member of the League, pute Artleis XI was looked upon'
Ufering with any dispute in North last was $165,874.08.
CO., LTD.
any accrued credit balance. and also that another strong nation, as the pillar of the League.
America, the United
Capital Expenditure.
The report and accounts were Soviet Russia, was outside. The der this Article, any war, or any
During the year capital expendi- fact that these two nations were not threat of war, would be a viola- Stutes claiming that right.
The ordinary yearly meeting of unanimously passed on the pro- For every person who has no ture amounted to $634,884.59 and this Company was held in the Ex-posal of the Chairman, seconded by members of the League has done tion of the Covenant of the faith in the League, so is the Lea-In consequence writings-off are change Building at noon to-day, Mr. H. J. M. de Figueiredo.
Chung Mul, aged 33, a married nure than anything to weaken its Lule. Articles XII and XI sug
under the Chairmanship of Mr. Sir Shou-son Chow and Mr. P. K. woman of Cha Kwụ Ling Village, influence, he said.
xest to the Council two means by gue weakened in proportion. Many proportionately heavier.
E. M. Raymond. The Directors Kwok were re-elected Directors on was crossing the aerodrome, when' Article X of the Covenant of which International disputes could people are saying that the League.
either has failed China in her trouble. The Company's reserves under present were Sir Shou-son Chow, the proposal of Mr. N. V. A. Crou- aeroplane, in landing, struck the League guarantees to each be settled apart from war,
by judicial set- The League has only failed to the various heads with the new appro- Messrs. J. Scott Harston, P. K. cher, seconded by. Mr. P. H. Suck the woman down. country their existing boundary by arbitration or
She suffered only slight injuries lines and also guarantees the ter tlement by the Permanent Court of extent that certain members are not priations will total $952,770.00. I Kwok, John Fleming, and J. H.ing, while Mr. Suckling proposed, to the back of her head, and was
behaving according to their obli-am sure you will agree that the Taggart (Managing Director), Mr. and Mr. Croucher seconded, the re- nations. International Justice at The Hague.)
Kutions, for had they honoured building up of strong reserves is a F. C. Barry (Secretary), and the election of the Auditors, Messrs. removed to the Kowloon Hospital, of the The Permanent Court hus now speaker, still is, this Article that functioned for ten years, and one their obligations, the League would sound and necessary policy in a following Shareholders, Messrs. Linstead and Davis. Carried un where, after treatment, she was
allowed to proceed home.. not have failed. The League is a business such as ours.
P. H. Suckling, N. V. A. Croucher,
animously. of the nine Permanent Judges at
Increased Turnover.
H. J. M. de Figueiredo, and O. F. the present time was Dr. Wang, body composed of fifty-three mon
The very satisfactory working Ribeiro.
HONG KONG LAND INVESTMENT "BREAKER POINT" OUTRAGE. representative of China Dr. Wang bers, and if one of those members,
League must result, I am happy to say is due In the course of his speech, the
& AGENCY. was previously a Deputy Judge, of misbehave, then the
There is no fresh news this fail. The League cannot invoke entirely to the increased turnover full text of which will appear in whom there are four.
morning with regard to the Com. Article XV against a strong Power which was 30 per cent. better than page 2 of to-morrow's issue, having An extraordinary meeting of the munists' raid on Breaker Point. Article XV provides a third
to be left out on account of pres- Hong Kong Land Investment & Light-house, near Swatow. H.M. means
settling Internationtl because it has nothing to back up the year previous, of
its threat. The League is not al
Developments.
sure on space, the Chairman said Agency Co., Ltd., was held in the destroyera Keppel and White disputes, which is far superior to Government or a police force, and Having thus briefly dealt with that the profit for the year under Board Room of Messrs. Jardine hall the other two methods. Legal
are standing by at Swatow 8um of Matheson & Co., Ltd., this morning, awaiting developments. means of settling disputes are not for that reason has not been able to the accounts, I will now refer to review, including the
must put Article XVI into force. There the more important developments $12,267.95 brought forward from when the Chairman (the H-. Mr. always best, for both sides
It is learned, however, that Cus- give away certain extent, are two schools of thought in the which have been effected in certain the previous year, after providing J. atterson) said:-
to a
toms Officials are working with the League, one of which says that Departments of the Company's ac- $8,891.25 for Depreciation, amount- As explained at the Extraordin-Chinese troops therefore this article provides for
at Swatow in it is impossible to invoke Article!tivities.
ed to $182,697.52. The Interimary Meeting held on February 16, efforts to secure the release of the Conciliation. Unfortunately, any constitution of the League. proposal put forward by the Lea- XVI, while the other says that it! The Farm and Dairy Depart- Dividend of $60,000 paid on Sep- the proposal before you is to in- nine captives, who include four
of can be invoked.
We read in the ments have been maintained at the tember 1, reduces the profit avail-crease the fees payable to your children. gue Council under this Article
South China Morning Post to-day highest state of efficiency. It was able for appropriation to Directora. the Covenant is not binding upon that the United States Senate is found necessary during the year to $122,697.52, which the Directors re-
As already stated yesterday, the The resolution was unanimously light-keeper. at Breaker Point is a any member, and
for this reason,divided on
the present situation. add to the Herd in order to meet commend apportioning as follows: adopted at the first meeting and it British subject whose name 14 the League is not altogether to
Everything depends ມາກ public the growing demand for Dairy
To pay a Final Dividend of 30 now needs your confirmation, blame, for the present
given as Edwards, and now it is apparent The Power who accepts opinion, and if the League has not Products. We, therefore, imported
cents per share, $60,000.00, impasse.
I therefore proposa:--::
stated that his assistant is a Bus- "That the Articles of Associationsfan named Andreinoff.
ritorial integrity of al
It was, and to the mind
has kept the United States outside the League, for America cannot retain the Mohre doctrine and be
a member of the Longue at the same time.
The Covenant. The Covenant of the
the League is treaty, or agreement, which all members have signed, and they
have bound themselves to the Arti- cles of the League contained in the; Covenant. The Covenant consists of 26 Articles, the first nine of which deal with the formation and the
The constitution provides for an assembly and also a council, and the latter bas five permanent mem- bers. They are the five mest powerful members of the League, Great Britain, France, Italy, Ger- There ure niso many and Japan. nine other non-permanent members of the Council, each of whom holds office for three years. In regard to this it was gratifying to know that at the last Council China was
elected a member. The Assembly
from each of the Afty-three nations
Article Vill of
ments.
the
to
the got unanimous public opinion be. 253 head which, owing to the un-
'hind it, it cannot win out.
the proposals put forward by League Ceuneil will be defended by the Council against the Power that refuses. China has accepted all: Continuing,
Disputes.
the
speaker
favourable exchange, cost $382,- 801.24, almost 100 per cent. higher
ex than previous shipments. In order
д
to allay public anxiety during the
the League proposals, while Japan Pressed the opinion that when has refused any, except at her dispute between two great powers: Diphtheria epidemic, we offered to own terms. For this reason the takes place. Article XVI was un-pasteurize all milk and cream sold
We have the fruits of this have
committed
an act of
a
two
I ARI
consists of three representatives | Japanese now cannot declare war enforceable. But it was enforceable by the Company, and this has been
and even done for some time past. Chinu for three months after against weaker nations, On who are members of the League. China accepted the proposals and lately the mere threat of its in-glad to say that we are again able Covenant for period of nine months no vocation had prevented two minor to supply our customers with fresh dealt with disarmament. Under one power can declare war on
an-European wars. If we look back milk and cream particularly as it members this article the
of the other power without causing on history, we find that all great has been found, in many cases, that! League, with the exception of Ger- breach of the Covenant.
ware have originated through dis-pasteurized milk was not very well!
We hope with our in- many and the other Central Pow-
Article XVI provides that if any putes between
small states, received. as the effect member of the League resoria to disputes, which, if not quickly creased Herd to be in a position to ers, agreed, as soon of the Great War had to a certain war in disregard of the Covenant stopped, spread into a world-wide meet all requirements this Summer. devise under Article XII, XIII and XV, conflagration, The mere fact that I am glad to repost that the Herd extent been overcome,
In order to the is in excellent health. plans to limit and reduce arma- they shall be deemed, ipeo facto, to Article XVI is included in
war Covenant of the League has also accommodate the additions to the made small powers hesitate before Herd we had to build 4 new cow committing overt acts.
sheds. The buildings and' sheds at: "I ask you to be bold enough to the Farm have been maintained in conceive a new world, a world in their usual excellent condition and which there will be justice and it is a matter of considerable satis- peace. The struggle must not be faction to know that in the un- to kill the weaker people, but must animeus opinion of experts visiting be to help them reach the same the Colony, our Cattle sheds are plane 69 their more fortunate second to none in cleanliness, com- brethren. If you don't struggle fort and hygienic conditions. for peace, we will be living to-
Visitors. morrow as we did before the Great We again extend an invitation to War. There is to-day a mentality our Customers and the public to of fear and suspicion of others in visit our Farms and witness for the world-more predominant in themselves the care and attention the East than in the West-and it devoted to the production of milk is this fear that is d-iving us once and other dairy products. The again to the brink of war." Secretary will issue special permits
A New Range
OF
CHILDREN'S RAINCOATS
AND
Sou-Westers to match
IN
Various Shades
and Sizes.
LANE, CRAWFORD, LTD.
Children's Dept.
Dr. Thomas's Opinion.
to applicants and arrangements The keen Interest taken in the will be made to show visitors over lecture by the crowded audience the Farm.
was evinced by the number of During the year the Town Depot questions asked the speaker. Af alterations were completed as, the the conclusion of the debate Dr. additional space was urgently need- Thomas, a member of the faculty of ed to meet the requirements of our the University, said that in his growing business and staff. opinion the League of Nations, or Regarding the Ice and Cold any other league, cannot succeed Storage Departments,' we if Covenant XVI was to apply to weak, nations and not, to the more weakest must go under. Japan is powerful ones,
only making an honest statement
have,
"If that is the case," said Dr. of fact, when she says that she Thomas, "then might is still right, must have Manchuria, for her very and the stronger organisations existence depends upon it. must prevail. We, as Chinese "Someone has got to give way, must struggle to exist, for only and we have yet to see if your, sheer the fittest will survive. China to force of numbers will defeat the day as a nation is weak, and we mighty armaments of Japan. Let have got to realise that Japan is us see that are the survival quali- amighty first class nation. ties. Brute force is surviving at Applying to the League of Nations present, but if Intellectual quali- Is-useless, for Japan must survive, ties survive Japan will win. - Per- and she cannot survive without sonally, I think nothing will happen Manchuria. What right have we at the League Council meeting on Chinese to claim another country's Thursday. I may sound, pessimis assistance-don't see why we tic, but we have to face the facta: khand As Chinese we have got The covenant of the League may to face the fact that we are be- be ideálistic and beautiful but it hind the rest of the world, and the is not practicable!
To Transfer to General Re-
WHAT THE.... WELL-DRESSED MAN WILL WEAR
Navy Cut Cigarettes
risto: *!
The latest and most distinctive fashion in clothes-but not fo
faddish. The same with choice of cigarettes-in fashion and most distinctive-but not faddish. Which naturally means a CAPSTAN.
his
CAPSTAN
The finer flavour
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