→THE HONGKONG DAILY PRESS, MONDAY, JANUARY, 17TH 1918
THE TAIKOO DOCKYARD
AND ENGINEERING CO. OF HONGKONG, LTD. TAIKOO DOCKYARD. HONGKONG. SHIPBUILDERS, SALVORS AND REPAIRERS, BOILERMAKERS. BRASS AND IRON FOUNDERS, CONSTRUCTIONAL, ELECTRICAL AND MECHANICAL ENGINEERS. WELDING AND CUTTING OF METALS BY OXY-ACETYLENE
AND ELECTRIC SYSTEMS.
BRITISH FINANCE
INCREASE IN NATIONAL INDEBTEDNESS.
BOME COMFORTING REFLECTIONS. A correspondent of the Financial Times writes:
Estimates given for quick construction and repair of Ships, Engines, bring the total up to £837,000,000 in round
Boilers, Railway Rolling Stock, Bridges, and all Classes
of Engineering, Iron and Wood Work. GRAVING DOOK-787 by 88 by 34 6
Pumps Empty Dock in 2-3/4 hours.
THREE PATENT SLIPWAYS taking assols up to 3,000 tons displacement, providing
conditions for painting ships with most efficient results.
100-Ton ELECTRIC CRANE ON QUAY-ELECTRIC OVERHEAD
throughout the Shops ranging to 100 Tons.
60-Ton Hydraulic TESTING MACHINE for Chains, Wiss Ropes, Rivets, elc AGENTS FOR→→
JOHN L THORNYCROFT & CO., LTD.
PETROL and KEROSENE MARINE MOTOES 7-1/2 to 160 B.H.P..
As supplied to the British Admiralty and War Office.
CRANES
MOTOR VESSELS, LIGHT DEAFT CARRIERS, GUNBOATS, LAUNCHER
HOUSEBOATS and PLEASURE CRAFT OF EVERY DESCRIPTION, MOTOR PUMPING and LIGHTING SETS, MOTOR VEHICLES, ETC. Dockyard Managers, can be seen between the hours of 11 AM and 12 Noes
at the Town Office.
BUTTERFIELD & SWIRE.
- HONGKONG, CHINA, AND JAPAN, AGENTS. Telegraphic Address:—" TAIKOO DOCK.”
TELEPHONE No. 212
THE YOKOHAMA
LIMITED.
Telographic Address :--" DOCK,"
DOCK
Yokohama.
Codes usedA.B.C. 4th and 5th Editions. Liao
Scoti's, Al, and Walkin's, DRY DOCK DEPARTMENT-Telephone Now: 878, 306, 681, 2050, 8470,
NO. 1 DOCK. Booking Length 18 tt. Docking Laugh 16.
NO. 2. DOCK.
130
NO. 3 DOOK Dooking Laugth 381 fl Every description of repair work undertaken. A largo assortment of material Inslating tail shafts are kept in stock. Two powerful tow boats, Bosting derrick to His 45 fons, paeumatic, electric, hydraulic plants, etc. Manufacturers of engines, bollers, tugs, lighters, constructional steel work, etc. Tenders on short notice by letter or cable.
WAREHOUSE DEPARTMENT :-
99 buildings, principally of brick and steel, containing private bonded warehouses and sugar coprompfion tax covered warehouses. Floor are 67.917 square yards, or 14 neZON. Every description of warehousing, Custom-house brokerage and Insurance under- lakan. Bates mouerste, p.
Mooring Basin, 600 feet by 180 foot by 25 feet deep, adjoining the dooks and warehouses.
JAVA-CHINA JAPAN
[112
GERMANS WHO SEE THE TRUTH.
HAMBURG MERCHANTS'
DEJECTION.
On 31st March this year the Funded £64,000,000 of Terminable Annuities and Debt of the country (apart from Unfunded Debt) amounted to £586,718,000, The new War Loan of £350,000,000 will
figures, or including the Unfunded Debt, and without taking into consideration the both possible and probable, then, the Germany wins or loses Hamburg will be issues of war Treasury bills, which will be weight of 900 millions will be but a ruined for many years to come. Many repaid out of the loan, to well over a Army and Navy expenditure would pay totally ruined. Numerous chipowners. featherweight, as the savings from our hundreds of business firms are already thousand millions sterling. This total the interest twice over So let us go for have lost all their capital and have only may, of course, be vory considerably ward with brave heart, resolved to
gure of the Debt, huge as it will be when the power of our right arm and the justice Should Germany wit, she may perhaps increased before the war is concluded. The hazard all upon the conflict, confident in the debts, also the mortgages on the ships. the new loan is covered, need not, however, of our cause. disconcert us unduly nor oven the prospect of largely adding to it.
is every hope and good prospect of this being the last of the wars of ambition and greed. No longer will the democracies of Europe permit their kings and emperors and chancellors to make war and, drench the Continent in blood without their full consent and approval. England's pro the scornful opposition of Germany. posals of disarmament: always met with
TRADE NEVER THE SAME AGAIN. When her power for evil is destroyed all A Scandinavian bank directer, who has the nations in Europe will meet at a been visiting Hamburg in order to reduction in all the military and naval discussed the situation with many of his agreement will be reached for a gradual arrange some business, says that he has real Hague Peace Conference, and an
forecs. There will only remain a sufficient business acquaintances in Hamburg and army in each country to form an interna has gathered the following impressions: tional police and a suffcient navy to can. The intelligent business men in Ha is indeed before us, and I assert it is.
trol the waters. If this golden prospect burg are in despair. They say that if
$
WORLD COMMERCE,
AFTER THE WAR.
TRADE AND LANGUAGES...
The airoular continues
recover some of her losses, but she will never be fully compensated for all her losses, and if she should lose she will not be able to afford help. In any case trade with foreign countries may bo very dif- ficult.
TRE OLD POSITION GONE."
IN PREPARATION.
THE DIRECTORY AND CHRONICLE
1915.
FOR CHINA, JAPAN, COREA, INDO
CHINA, SIAM, STRAITS BETTLE- MENTS, MALAY STATES, NETHERLANDS INDIA, PHILIP: PINES, BORNEO, ETC.
FIFTY-THIRD ANNUAL ISSUE
THE DIRECTORY covora the whole of
the ports and cities of the Far East, from
Not only is the Directory as full and Europeans roside. Netherlands India to Siberia, in which
completo in each case as it can be made, bat by a DESCRIPTION, carefully revised sate each Colony, Fort or Settlement is prefaced
ear, most of which will serve as accurate GUIDES FOR TUR TOURIST, giving every detail in connection with the places, their History, Topography, Eto., Ete
The Information in these: Descriptions, consisting of a hundred interesting articles, packed with facts concisely set out, and containing statistics of the Tavu of each Country and Port, would alone suffice to fill
large volume,
Directory only, pp. 1,400, 36.00.
Royal Octavo-Complate with Fifteen Maps, and Plans, pp. nearly 2,000, $10.00...
The Directories and Descriptions are of :-
CHINA.
Swatow,
Canton. Chinking. Whampon. Nooking. Kowloon,
Lappa.
Kewkiang Hankow Tochow,
Samahui.
Kongmoon.
Nanning
Wuchowfu.
......
Hangchow. Doihow. Chungking. Pakhoi.
Ningpo. Lungchow. Wenchow. Mêngtze. Hantu.
Holow.
no means of regaining the old position. Shimonoseki, Of course, time will heal all wounds, but those who are living will nover see the old happy days again.
Foochow. Szemнo. Amoy.
Tengyueh.
JAPAN AND FORMOSA,
Osaka. Keelung. Tainanfu.
Moji.. Nagasaki. Takow, Hakodate Anping
Tameni. BASTERN SIBERIA.
Vladivostock.
Nicolajovsk
CHOSEN. Wonian
Mokpo. Fusan, Chinnampo. Pingyang Songchin.
HONGKONG AND ITS DEFENDENCIES, Macao. FRENCH INDO-CHINA.
In this connection the following extracts from Macaulay's History of England ' are very illuminating and, indeed, com- forting"At every stage in the growth of the Debt it has been seriously asserted
When this war is ended it is probable were at hand. When the great contest with by wise men that bankruptcy and ruin
that the number of men of all the fighting ARMING FOR THE PEACE TO FOLLOW."
nations killed, wounded, or suffering. Louis XIV. was finally torminated the
from ill-health owing to sickness during Mr. Charles Tower, lately correspon ten millions. considered by acute and profound thinkers dont of the Daily News in Berlin, believe that after such a war the different nation owed 50 millions and the Debt was
the campaign will amount to more than It might be optimism to as an incumbrance which would perman-writes. Her
Governments should be able to suggest ently cripple the body politic. Neverthe Although not even that optimist General their former enemies and let the past be less, trade flourished; wealth increased; von Hindenburg would venture a predic forgotten.
that the people hold out their hands to the nation became richer and richer. Then tion now as to the way in which the war Almost every
Soochow. That is simply impossible. Peking. came the War of the Austrian Baccession, and the Debt rose 30 millions, Pamph will end or the condition of Europe after fighting countries has lost relatives or Peitaiho man and woman in the Tientsia, leteers, historians and orators pronounced the peace, Germany, with characteristic every day for half a century. It will be Taku.
friends. The enemies will be remembered Chinwangtao. Wuhu. that now, at all events, our case was thoroughness, is already considering the impossible for Germany to resume her Antung. desperate. Yet the signs of increased situation after the war as far as possible trade, which may be suspended for per- Manchurian CO., prosperity, signs which could neither be
counterfeited nor concealed, ought to have general outlines and getting ready to haps two or three years, on the old terms. Trado C'tres. Shansi. satisfed observant mea that a Debt of 80 meet new conditions, or, it might be foreign countries; they will have new
Everything will then be altered in the Newchwang Ichang Kwangchauwun millions was less to the Erigland which was
more correct to say, taking stock of the connections; they will not need Germany Port Arthur,
Dairen. governed by Pelham than & Debt of 50 material she has for such preparation. millions had been to the England which An illustration of this study is con- wards her, deservedly or not, will be Weihaiwei,
as they did before. And the hatred to was governed by Oxford.
Chefoo. tained in the official organ of the Associs enormous Certainly Hamburg will be "Soon war broke out again, and under tion of German Apprentices, which has ruined by the war, whatever may be the Tsinaafu. the energetic and prodigal administration circulated an appeal to those who after end. All because Prussia has become the Mukden. of the first William Pitt the Debt rapidly the war will have to gather up such frag ruling State in the German Union. Shanghai. swelled to 140 millions. As soon as the ments of Germany's commercial empire as first intoxication of victory was over men romain. It is pointed out in this circulav of theory and men of business almost that male and female apprentices have "It may perhaps be possible to rule Tokyo. unanimously pronounced that the fatal now, in this period of bad trade, leisure the world by iron and shells, but business Yokohama. day had arrived. Better for us,' said hours to which they have hitherto life cannot be ruled by means of soldiers Eyoge. David Hume, to have been conquered by been accustomed. They are Legged no and guns. For this generation there in Kabe. Prussia or Austria than to be saddled with to use them idly, but to employ them the interest of 140 millions George in getting ready as far as possible to mest Gunwille said: The nation must sink, the situation after the war. under the Debt. unless a portion of the load was borne by the American Colonies. The attempt to compel them to do so produced another war, which left us with another 100 millions of Debt and without the colonies whose help had been répra. sented as indispensable. Again England was given over, and again the strange patient persisted in becoming stronger and more blooming. As she had been visibly more prosperous with a Debt of 140 millious than with a Debt of 50 millions, so she was visibly more prosperous with a Debt of 240 millions than with a Debt OX OR ABOUT of 140 millions.
A DEBT OF £800,000,000 IN 1814 Soon, however, the wars which sprang from the French Revolution, and which far exceeded in cost any that the world had ever seen, taxed the powers of public credit to the utmost. When the world was again at rest the Funded Debt of England amounted to 800 millions. If the most enlightened man had been told in
Of course, the Allies have als0 1792 that, in 1815, the interest on 600
suffered very great loss of life, but they millions would be di paid, he would,
have usually been on the defensive and have been as hard of elief as it ho had
they have a steady supply of new soldiers. British been told that the Government would be
My German friends argue that if it is French. in possession of the lamp of Aladdin or
really true that England can form new of the purce of Fortunatus. It was in
armies of a total of three million soldiers truth a gigantic, a fabulous Debt; and we
(not including the British Army now in can hardly wonder that the cry of despair
A neutral acquaintance tells me that France) without the new armies from the should have been louder than ever. After this circular is only one of many similar Colonies, there is very little hope that a few years of exhaustion, England making for the period after the war. For seaports of the Channel or to Paris,
instance of the preparations Germany is Germany can successfully advance to the recovered herself. Yet, like Addison's either way, after victory or after anal On the other side, they declared that Valetudinarian, who continued to whim per he was dying of consumption till he defeat, the world will still exist, and the the Allies would find it equally impos. became so fat that he was shamed into survivors in the war of nations will have tible to occupy districts of importance in silence, she went on complaining that she to make the best of it. And the people Western Germany. At the utmost, per was sunk in poverty till her wealth showed in Germany upon whom will rest the shaps, they might be able to get the Germa itself by tokens which made her com spongibility for rebuilding, perhaps upon armies out of two-thirds of Belgium and ALPHABETICAL LIST of RESIDENTS
suror foundations, though assuredly with of Northern France. They thought also contains the names of over plaints ridiculous. Soon the island was enormously greater difficulty, the edifice that excepting East Prussia, whose situa intersected by railways. A sum exceeding overthrown now, are to be warmed
20,000. FOREIGNERS," the National Debt at the end of the betimes
tion has always been very difficult, the Russians would not be able to occupy arranged, with the Initials as well as the American War was, in 2 few years,
parts of Eastern Germany, Consequently Surnames, in strictly Alphabetical Order, in the view of these German business men. so that any name can be found instantly. the Allies can never force peace on
THE MAPS AND PLANS Germany by moans of their armies.
Consequently only exhaustion and of the principal ports in the Far East have want of supporters and provisions will been engraved by one of the most eminent
LIJN
REGULAR FORTNIGHTLY BERVICE BETWEEN
JAVA, CHINA AND JAPAN.
STEAMER
FROM
EXPECTED
ON OR
ABOUT
WILL LEAVE FOR
TJIKEMBANG
TJIKINI
TIITAROEM
AJIMANOEK
WIBODAS...
TJILIWONG
SHANGHAI
JAPAN
JAVA
JAVA
JAVA
First half of Jon. Sesond half of Jan. Becond half of Jatt. Second half of Jac. First half of Feb
SHANGHAI & JAPAN JAVA
JAVA
SHANGHAI
JAPAN
JAPAN
First half of Jan. First half of Jan Fecond half of Jan. Second half of Jan. First half of Feb Becond half of Feb.
The Steamers are all fitted throughout with Electrio Light and have accommodation for limited number of Baloon Parergers, All steamers carry a duly qualified surgeon. Cargo taken at through rates to all ports in Netherlands India and Austrália.”
For Partionlars of Freight and Passage, apply to the
York Buildings, lat Floor.
Hongkong, 11th January, 1915.
JAVA-CHINA-JAPAN LIJN.
Telephons No. 1574.
18
THE AUSTRALIAN ORIENTAL
LINE
HONGKONG TO PHILIPPINES AND AUSTRALIAN PORTS
"CHANGSHA"
*TAIYUAN” ...
SAILINGS (SUBJECT TO ALTERATION).
Steamer.
Arrives Hongkong. Sails Hongkong
for Australia.
· from
12th January
18th February. ·
Australia,
15th January. 21st February..
These Steamers are fitted with Refrigerating Machinery, ensuring a plentiful supply of Ioo, Fresh Provisions, eto, and have superior accommodation with Electric Light throughout and Electric Fans in the State/Rooms. A duly qualified Doctor is carried Reduced Bares. Cargo booked through for all Australian, New Zealand and Tasmanian Ports.
For freight or parago, apply to
Hongkong, 8th January, 1915.
BUTTERFIELD & SWIRE, TELEPHONE No. 36.
AGENTS.
THOS. COOK & SON.
1142
TOURIST. STEAMSHIP AND FORWARDING AGENTS,
BANKERS, &.
Head Office for the Far Esat 16, DES VOUX BOAD, HONGKONG, SHANGHAI: 2-3, Foodnow ROAD, TOKOHAMA: 32, Water STREET
MANILA-MANILA HOTEL,
TICKETS SUPPLIED to EUROPE by the principal STEAMSHIP LINES and
TRANS-SIBERIAN RAILWAY.
TOURS arranged to ALL PARTS of the WORLD.
BAGGAGE collected, forwarded and insured at lowest rates.
LETTERS of CREDIT and CIBOULAR NOTES ISSUED and CABHED, FOREIGN MONTES Exchanged.
CHIBY OFFICE |--LUDGATE CIROUS, LONDON, EC.
Hongkong, 3rd July, 1914.
[133
THE NATION'S STRENGTH.
Annem.
Eué,
Tourane.
Saigon.
Cambodge.
Manila.
PHILIPPINES,
Iloilo
Cebu.
BORNEO.
Sarawak. Brunei."
British North. Borneo. BANSFOR
Labuan.
MALAY STATEJ.
"They the business men saw. no Séoul. means of hindering the catastrophe. Chemulpo. This war has broken out on account of They said that Germany has had about Kunzan Germany's world-wide trade. The object of 61 million soldiers mobilised, and is able Eugland is to annihilate that trade. We to get 1 million more-mostly volunteers are confident that England will not screed, in the course of six months, but these Hanoi, but that we shall be able after the war to 1 million will suffice only to fill up the Haiphong. build up and further strengthen our comholes in the old army. Before the end Tonkin Provinces. Quinhon. the armaments we need for the war at this Germany's soldiers will have been killed, mercial position. In taking stock of all of this year probably two million of resent time we must not forget to arm wounded, captured, missing, er sick. But the armament of the merchant after the But even if by January 1st, 1915, only ourselves for the pence which will follow. That is a third of Germany's effective. war will consist to a greater extent that every fourth of Germany's soldiers haa over of a knowledge of foreign languages been placed hors de combat, that is a Germans have defented Englishmen abroad dreadful thought. It is the reel truth on the field of commercial ritnicy because that before the war is finished whether Perak. they know how to adapt themselves to the Germany wins or not-one-half of all her needs and habits of their customers, espe- able-bodied men between 17 and 48 years cially because they spoke to each in his own (and also several of them between 15 and tongue." After the establishment of the 17 and older than 48 years) will be either
Greater Germany, that will still be the killed, wounded, or ruined in health open sesame to the markets of the world, LITTLE HOPE OF ADVANCE, English, French, Italian, Spanish, Por tuguese are the languages which will prov of most value. Swedish and Danish will also be of importance for many branches of trade, and in the East doubtless also Polish. Know ledge of foreign languages has always been a valuable and usually well-paid asset in commercial life. It will increase in value after the war Y
ANA Á, ROBERER NATION,
!
HONGKONG VOLUNTEER
RESERVES.
ORDERS BY MAJOR WAKEMAN, O.C.X.S.V.aj
Negri Sembilan, Johore. Kelantan.
Sclangor. Pahang.
Kedah.. Singapore, Perang, Malacca, Prov. Wellesley.
Trongganu. Perlis.
STRAITA SETTLEMENTÓ, NETUKSLANDS INDIA.
Batavia.. Buitenzorg.
Samarang Padang. Sourabaya. Macassar. East Coast of Sumatra. NAVAL SQUADRONS.
Japanese. United States, Siamese.. Italian.
OFFICERS OF Coast and RiveR STEAMEDB. The Book is printed from New Type specially reserved for the purpose, and uniformity in every arrangement greatly facilitates reference
Firms the Directory give the CLASSIFIED Besides the usua! Alphabetical List of LISTS of TRADES and PROFESSIONS at the larger Commercial Centres.
The
Customs Tariffs, Trade Regulations, Cham bors of Commerce, Scales of Commissions. Consular and Court Fees, Hongkong Stamp. Duties, Postal Guide, Signal Codes, Chinese Festivals, Tables of Money, Weights and Measures and other Commercial Information. The CHRONICLE and DIRECTORY, though condensed in every possible manner, contains every year more pages...
| voluntarily expended by this ruined
people upon viaducts, tunnels, bridges, With few exceptions it does not appear stations, engines. It may now he affirmed that Germans take the wild conjectural without fear of contradiction that we had maps of Europe after the war very seri it as easy to pay the interest of 800 | ously, but amid all the frenzy of hatred millions as our ancestors found it, a voices are now being raised pointing out and the war, and my German friends are firms in Great Britain and are annually century ago, to pay the interest of 80 that righteous indignation"
can be obviously apprehensive that the Allies corrected and brought up to date.
The CHRONICLE covers the notable oventa When the first official warn-will be able to stand the strain longer. millions. A long experience justifies us overdone. in believing that England may, in the ings were issued against the circulation than Germany unless something miracul of the last half century in the Far East twentieth century, be better able to pay of the soi-divant “bumorous postcards outs, something unforeseen, should together with the Texts of all the most a debt of 1,600 millions than she is at the one or two papers protested on the ground happen. German business men, they said, important Treaties concluded with the present time to bean the present load." that humour was a valuable ally, and you never believed that the Transvaal countries of Eastern Asia, the various must let people have their healthy gibes revolt would help Germany's cause. The at the common enemy. That standpoint military party always miscalculates Macaulay's words are indeed prophetic, has been abandoned, and both the Frank directly a question is not a military one. and if our forefathers in 1814 could bear furter and Cologne Gazettes have recently the weight of 300 millions, we, in these against the further sale of obscene eur
underlined public and private protests days of & 200 million Budget, can con
catures of the enemy. True, the English front double that amount with equani Royal Family seems to be at present ex- mity. If so, we can afford to expend 900 millions upon the present war and yet hold cepted, and so far as one can judge the oficial activities of the censors of post- up our heads bravely. In considering cards and humorous weeklies are con this possible vast increase in our Debt we fined to a repression of abuse of France should give thought to the questions and Russia, possibly in the expectation whence does this money come and whither that this may assist the Government's does it go? The vast proportion will come efforts to sow discord amongst the Allies, from our own pockets thus we lend to But the protests of public people are ourselves. And the bulk of this sum will directed against this excessive appeal to be expended in this country in the pro- national hatred, and especially national vision of war material, food and clothing, | contempt, on the ground that after all thas providing work and wages for our this war will not end national existencia. own workers and profit for our con- Gertrud Baumer protests in Die Hilfe, tractors. Bo the greater part of it will against this whipping-up of utterly un- return into our pockets and the money bridled national hatred, which is unneces remain in the country. If in this just sary, thank goodness, in Germany, though cause victory rests upon our arms, and in England it seems to be the heater the power of this firebrand Germany is advertisement for the recruiting depots." The Copenhagen correspondeat of the crushed in the dust, we may well be satis- The truth seems to be that in the Daily Mail states:-Most of the Germani fied with our expenditure of this huge hints, as in the circular qucted above, warships hitherto at Kiel have been trans- sum The trade of Germany will be there echoes, very faintly at proact, the
continues at Kiel, where several thousands utterly crippled, her mercantile marine suggestion that the best Germany en fered to the North Sea. Great activity gone and we shall have acquired the really hope from this war is an indecisive of mechanics are employed in constructing greater proportion of it. With peace 40 years, will need building up afresh, result. Her world position, the work of
submarines, waterplanes, and floating assured a veritable boom of prosperity and to that end those who cannot fight batteries. There is less activity, however, should result. And beyond all this, there will nead clean hands and clear nyest
upon the five Dreadnoughts under con- struction."
Squad drills will be held on the Cricket ground at 5.15 pm, every Monday, Wednes day and Thursday, commencing January 11th. These drills are intended for new members and for members who have lately returned from long leave, but kay member who wishes to improve his drill may attend them......
W. L. GARTER,
Captain and Adjutant.
It was years ago universally pronounced to be the cheapest work of the kind anywhere published, and although very much enlarged and improved in every way, the price in silver is now below the equivalent of £1 5s., at which it was originally published.
ON SALE.
Á TABLE OF THE
RATES OF EXCHANGE AT BOMBAY
For Demand Drafts on London on the day of or precoding the departure of the English Mails; also Table of the Yearly Approximate Average
for 30 years,
FROM 1874 TO 1909..
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$2 CASE.
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