COMPANY REPORT.
UNION WATERBOAT CO., LTD.
The report of this Company is a follows:-
THE HONGKONG DAILY PRESS, WEDNESDAY, FEBRUARY Sze, 1915.
CHINA AND JAPAN.
OPINIONS ON THE SITUATION.
As bearing upon the subject of our leading article in yesterday's issue the
GERMAN SOCIALISTS AND MILITARISM.
The General Managers have now the following' opinions taken from Poking time Japan has shown a very mild attitude. Vatican to initiate a peace movement.
pleasure to submit their annual report and statement of the Company'e accounts made up to 31st Decerabor, 1914.
The noli profits for the year ended 31st December, 1914, after allowing for con- sulting committee and auditor's fees amount to $59,048.03.
The General Managers recommend the payment of a dividend of 10 per cent, which will absorb 827,723.00; write of 819,800.00 from the value of the water boats, 8800 off investments, $400 from the value of pipes and staging, and carry forward a balance of 80,395.08 to the new Booount.
Consulting Committee:Since the last meeting Mr. C. A Tomes has resigned and Mr. B. Showan has joined the Com
mittee
Auditor --The accounts under review have been audited by Mr. A. O'D. Gour din.
DODWELL & CO., LTD, General Managers. Hongkong, let February, 1915,
PALANCE SHEETÖIST. DECEMBER, 1014.
Share Capital,
Authorised
IABILITIES.
50,000 shares of $10
each
Issue 1-
...........500,000
27,723 shares of $10 cach
fully paid
Sundry Creditors
Unclaimed Dividends
Special Repairs Account
Insurance Fund:
Haused Launch Water Tickets Profit and Loss Account, Balance
Waterboats as per-last-
account Los amount written
ABBETS.
$180,000.00
28,000.00
$152,000.00
Less Sale of No.
Waterboat
8,000.00
Pipes and Staging as
per last fo$ 7,800.00 Les amount written
Off
400.00
Shn ros. As per last
account
$ 44,121.00 Les moint written
off
Furniture
1,500.00
Cash in Bank and in hand Hongkong Bank Fixed Deposit. Hongkong Government Deposit... Sundry Debtors .....
Instalment
Now Waterboat
Account. Proportion of unexpired Liceness 'Stock of Hase, etc,
and Japan papers are of great interest at the present moment:-
THE CHINESE VIEW. The Icking Gazette of January 25th has the following leading article:-
January 17th, stated:
A New York message to the Asahi, dated:
According to a document published by the German League in Berlin on the 16th inst. Austria is said to have asked the The document further says that the courageous behaviour of Dr. Liebknecht will cover with shame those weak-kneed peace of the world and the interests of the and vacillating Socialists who betray the workers by the intimidation of the police. The Labour members in the Reichstag, The German Socialists will make it oloar with one or two exceptions, are cowards. at the Socialist Congress to be held at Copenhagen that Prussian militarism is German people should spare no efforts to the curse of humanity, and that the
destroy it.
bad an idea that Japan would utilize the occasion to resort to aggressive measures. They were much troubled in their minds, and attempted to bring pressure to bear upon Japan by inviting the assistance of Great Britain and America. They were, however, much relieved whon Japan served an Ultimatum on Germany. From that in dealing with various questions pending between the two countries, but so far from appreciating Japan's sincerity, China has Britain and America for restricting misjudged her, and has utilized Great Japan's actions, making light of the latter's strength and ability. When the cal strife in Japan, it came to the heaty Chinese Government learned of the politi conclusion that the Okuma Cabinet would soon fall, and consequently would be towards the Republic. Thereupon it unable to assume a "strong attitude suddenly declared the abolition of the war-zone in Shantung province. If this passed unnoticed, there might arise a very regrettable rate of affairs in the diplomatic relations between the two over solicitous for the peace of the East, countries, and therefore Japan, who is instructed Mr. Hioki, Minister to Chins, to interview President Yuan Shih-kai for the purpuss of finding a way for cultivat-journalism, M. Conturier de Chassaigne, ing more friendly relations,
has just issued a delightful Christmas
insolent behaviour of China" were to be
AN ABBE'S APREDICTION. ENGLAND THE SAVIOUR OF FRANCE.
INTIMATIONS
LANE,
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BY
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It is in the interacts of the policy to which this paper is committed, namely, the strengthening of friendly relations between China and Japan, that we con- sider it imperative to deal with a subject that has been exercising the minds of the responsible authorities of this country and which appear daily to be assuming more serious proportions. News of not a little startling meaning-which we beliove is not inaccurate reached Peking on Saturday last to the effect that the Japanese authorities at Tokyo had com- municated to the Ambassadors of the Entente Powers there the intimation that negotiations were in progress between
The Chinese people, continues the deaki, China and Germany for the conclusion of do not know Japan's true strength. They an alliance whose capital sim was the think Japan is far inferior to Western German training of the Chines Army for countries, and are confident that she can purposes inconsistent with the interests bo castly dealt with by calling in the aid of Japan and possibly of those of one or of other Powers. But, as a matter of fact, more of the Entente Fowers. In this consays the paper, Japan is the only country nection, it is also necessary to draw atten- that can despatch a million troops to the $277,230.00 tion to the news published in a local Asiatic Continent. It is the height of folly 9,791.60 contemporary which states that at the to imagine that Japan's actions can be 1,982.35 meeting last week of the Japanese Minister restricted by the aid of other Powers, 11,966.18 with the President, the former is said especially at the prezent time, when a 17,000.00 to have taken the unprecedented course European war is in progress. The opinion 104.49 of prosenting direct to the President of the Chinese people that the present 58,048.03 certain demands of a grave character. We Cabinet cannot take any decisive step in
hesitate to attach credence to this last China on that account utterly ignores the experiments, and the prophecy came true. TENNIS RACKETS AND ACCESSORIES. 8370,152.03 mentioned report; because, if true, the fact that in international diplomacy the reported action of the Japanese Minister nation is practically united and that the would be in violation of diplomatic usage, weakness or otherwise of the Cabinet does the same being clearly a breach of not affect matters in the least. The diplomatic procedure to treat direct with Chinese Press never tire of accusing the Head of a State instead of conducting Japan of aggressive designs, but the paper diplomatic negotiations through the pro-believes that the Chinese authorities must, per channels, in this case the Wai Chino at least, he conscious of Japan's true Pu. It is also incredible that the Presi- intentions to maintain China's integrity dent, even though he were willing, would In conclusion, the paper thinks that a be disposed to concede demands which statesman of President Yuan's sagacity would never be accepted by the Chinese will surely appreciate Japan's sincerity people as a nation,
and will try to dispel all misunder standings which have so far proved a serious hindrance in the solving of all outstanding questions.
WISDEN, STUART SURRIDGE. SPALDING AND GRADDIGE.
That illustrious leader in international 81,00 zo 84.50 CRICKET BALLS81,00 тo 84.50
8149,000.00
200.00
117.31
8370,152,65
PROFIT AND 1088 ACCOUNT FOR THE YEAR ENDING S1ST DECEMBER, 1914,
To Consulting Committee's Fees...8 To Anditor's Fec
To Balance
600.00 100.00
number of the Cri de Londres. One of the LEG-GUARDS. GAUNTLETS, BATTING GLOVES. mest remarkable things in the number is. an account of a conversation thirty-three years ago between M. Péladan, who relates it, and an old French savant, the Abbé Lacaria, who was a strange compound of occultism and theology and science. The Abbs was dying of poverty and old age and infirmity, when the author visited him in Paris, leaving behind him a number of remarkable books, the chief of them being "Harmonies of Being" and a "Com- mentary on the Apocalypse." He had foretold the death of the author's brother through poison while conducting chemical But the other prophecy which the Abbó proceeded to unfold was more singular still, and, to completo the surprise, looks like fulfilment in many of its assentials.
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[22
The Abbé said thas England, the most humsce, tenacious, resisting, and infexible of the races, and in many respects the complement of the French, would complete France without diminishing her, and would become as chivalrous as Franco was in the Middle Ages. England's destiny would raise her to a marvellous eminence, and in the twentieth century there would be an English Pope, the greatest since Leo X., doitined to deliver the Papacy from ita domination by Italy. In answer to the scepticism of his hearers, the Abbé said that Shakespeare, the leading genius of the English race, was certainly more Catbolic than Lutheran, and French decadence was merely public and not spiritual or indivi- dual, for Franco was still capable of ful- filling God's will. Finally, Poland would renew herself, Turkey would disappear, plicly, Compretres, Tumility, Feifatility Wegl1 101),in ketler travelling core 21. its and the Germans would collapso at a blow, England would benefit France more by treaties than even by battler, and would assums hor providential rôle whên Germany, at the very height of her success, committed injustice, and paid the penalty,
REMINGTON JUNIOR.
WAR BREVITIES.
According to the King of Bavaria, the terms of peace will have to include a guarantee that the German Christmas shall not again be disturbed.
It is generally believed in responsible Chinese circles that the view described in our issue of Friday last as provniling 7,200.00 among a certain section of the Japanese people who believe that the present time
The Nichi Nichi wonders why the Chinose is the selected moment" for the solution Government and people are so obstinate of certain outstanding questions relating as to reject the protest lodged with the to China, hus apparently developed since Peking Government by Japan in regard 42,621.00 we last wrote and has permeated higher to the demand for the immediate with and more responsible quarters in Japan,drawal of the Japanese troops from the 25,972.38 The propagation of the further dangerous war zone in Shantung Province Though 131,000.00 view in a section of the Japanese Press, the negotiations between Tokyo and
600.00 to wit, that China's presentation of her 6.308.89 Note to Japan, announcing the abolition Peking are kept secret, there is every of what is called the war-zone in Shantung, reason to believe that China will not easily 7,120:00.
acquiesce in the Japanese counter demand; was a calculated affront to the Japanese the particulars of which, however, are not 115.07 nation and the result of German inspira given out. From the latest telegrams sion, is being allowed to develop to from Peking and Shanghai, it is learned perilous extent, until it now seems as if it has helped to produce a státo of affairs that public opinion in China over the verging on acute tension between the two new situation runs high against Japan, a countries. It is hard to believe that certain influential Chinese journal con- sinister attempt is not being made to tending that China's neutrality in Shan- isolate China, if possible, at this critical tung Province vanished the moment the juncture in the world's affairs and have German stronghold at Tsingtao fell into her exposed to dangers from within and the hands of Japan, and that the station- 58,018.09 from without, with the inevitable resulting of Japanese troops in the Province that we may witness a deliberate breach after the close of the operations was for of the peace of the Ear East, the main-no other purpose than to permanently 868,748.33
Mr. John Bigelow Dodge and Mr. tenance of which, according to the solemn occupy that part of China. Other Chinese declaration of responsible Japanese states papers write in a similar strain. The Braxton Bigelow, grandsons of John 100.38 men, has been represented to be one of the Nichi Ali, while hoping the Peking Bigelow, the well-known American pub cardinal aims of Japan's Far Eastern Government will ultimately understand lisher and statesman, are joining the 2,580.18 Policy. Events are moving with no little the true motives of Japan, and withdraw British Army.
23:00 speed, and unless this movement tile foolish demand urges the Tokyo *** 51,011.27 arrested by responsible people in Japan, Government to make a him stand, oron it is more than a possibility that the world going to the extent of demanding from may soon be confronted with a grave China a pledge not to repeat such a situation in which China rosy find herself diplomatic blander, and at the same time faced with the alternative of conceding urging the Peking Government to tender DODWELL & Co., LTD., demands rightly considered by responsible an apology for having insulted this General Managers. Chinese as vitally inconsistent with the country. Unless the questions pending I report that I have audited the above deepest interests of this country or else to between the two countries are definitely Balance Sheet with the Books and Vouchers to continually and dangerously harassed settled, there is no hope of intimate rela- of the Company in Hongkong and that in by a sinister threat which we do notions being re-established, says the paper, my opinion such Balance Sheet is proporly hesitate to aver will shock the conscience which urges the Tokyo Government to drawn up so as to exhibit a true and correct of the world if the necessity ever arises grasp the present opportunity to discuss view of the state of the Company's affairs of making a public disclosure of its terms. without reserve the various questions and at the 31st December, 1914, according to the We believe, however, that the best and most secure a definite settlement. best of my information and the explanations stable element in Japan realise the direc given and as shown by the books of the tion in which the ultimate interests of that Company. I have obtained all the informoury lie, and that they are strong tion and explanations I have required. enough to avert a mischievous develop mens of the relations between China and Japan by throwing the whole weight of their influence on the side of that splendid sanity which envisages the great affaire of State not in the small and mean mannor of little men. !
Cr.
By Balance from last account.....8. By Interest '....
By Dividends on shares......................
By Transfer Foos
Profit on Trading for the year
4,957.70
$58,748.09
A. O'D. GoRDIN, Auditor.
Hongkong, 1st February, 1915,
THE ABORIGINES OF FORMOSA.
JAPANESE VIEWS.
The German Preis, while publishing Mr. Churchill's letter to the Mayor of Star- borough, has received instructions from the censor not to attack Mr. Churchill personally, on the ground of his being "a useful person to Germany owing to his happy-go-lucky dilettantism."
A captured German naval officer (a decent fellow), says a writer from the front remarked to one of our people the other day, just before he left re prison quarters: Well, old men, it will always be the same; you will always be fools, and we shall never be gentlemen.""
கட
The Jiji thinks that for China's obstinate attitude towards Japan in re
A large number of professors of politi Kard to the prosent situation, and in the past, the Japanese are to a great extent cal economy, including Wagner, Schmol- responsible. Since Japan was opened to fer, and Sering, of Berlin, have published international intercourse, half a century an appeal for every possible economy in go, the Japanese bave always been the consumption of food. They say that reluctant to adopt the principle of give it is the duty of every German man, and take in dealing with foreigners, and woman, and child to help to defeat the this tendency still reigns supreme among cunning designs of the British Govern- The Nicki Nichi pays that in the inter- all classes of the people. In handling thement, which hopes that, when this year's view granted Mr. Hioki, Japaness neighbouring Republic a similar attitude harvest is exhausted, hunger and seed will Minister to China, on the 18th January, is observable, not only among Government compel Germany to make a miserable by President Yuan Shih-kai, to discuss a officials, but among individuals, who are peace, notwithstanding the victories won certain outstanding question between the ever ready to despise things Chinese and in. open battle on land and sea." The two countries, the President asked for time to criticise them vehemently whenever an German public is implored to eat the to study the subject. On the 19th January, occasion presents itself. More particular-war" bread composed partly of potato, an important conference was convened inly is this the case with the Japanese to abstain from wheaten bread and cakes, take up his now appointment as Governor Peking and the question was taken up for newspapers, some of which often publish to be very sparing in the use of meat and
In conversation with consideration.
irresponsible and inflammable articles on butter, and to use as far as possible sub of that prefecture.
Mr. the Moji correspondent of the Arali, It appears, bays the paper, that inas-China, in utter disregard of international stitutes for imported food.
courtesy and good faith as neighbours. It China is a country which is very difficult
BILL FOR SUBJUGATION.
Mr. Kaneyama, Superintendent-General
of the Formosan Police, passed Moji on
the 16th ult. en route for Tokushima, to
Kameyama stated that during his tenure much as the proposition from Japan was is scarcely necesary to point out that
office in Formosa, lasting four and half years, he lost no fewer than 11,000 prompted by a desire to promote friend men in the operations for the "subjuga-ship between the two countries, and main- of the aborigines. Six thousand taining the peace of the Orient, the a friendly of these men were army reserviste," most President received it in respectable soldiers, who sacrificed them manner.
tion
Kameyama expresses it Nor have the operations been costly in life alone. The five year subjugation scheme has entailed un outlay of Y.15,000,000, of which Y.2,000,000 annually has appeared as police expenditure, the rest being put down to other accounts.
The United States Government has for outsiders to understand, and it is not made a special point of not manifesting impossible that the Chinese provocative official sympathy with either side in the demand for the immediate withdrawal of war, but Germany's latest demand upon the Japanese troops from Shantung Pro- it must put a considerable strain upon selves for the sake of Formosa, as Mr. In connection with the above visit, the vince was the outcome of pressure brought President Wilson's tolerance, and still Asahi says it was not prompted by any to bear upon the Peking Government from more on that of the American people desire ou Japan's part to give the Presioutside. Considering the fact that Ynan Berlin has intimated to the State Depart dont trouble by laying before him a Shih-kai is at prevent the only influential aient that American Consuls in Belgium difficult proposition, but was actuated by person to control the whole of China under must be acceptable to the Baiser's a wish to dispel China's misunderstand-the new system of Government, it is a military representative, and that some of ings in order to satisfactorily settle matter of great importance for the the existing Consuls ought to be with various questions outstanding between the Japanese to help his Government either drawn. To comply with this means, in two countries, and thus permanently directly or indirectly, within the limits effect, to recognise the German occupation, secure the peace of the Orient. For some of their power, thus paving the way for and to treat the lawful Belgian Govern time China has misunderstood Japan's the promotion of permanent peace in the ment. as non-existent. It is understood true intentions, and various difficulties East, If the Japanese handle all Chinese that the attitude of the United States. have arisen between the two countries affairs on the basis of the above principle, Government is that terms of peace must This lack of mutual understanding has there is no reason why the two Asiatic first be settled before the occupied terri been magnified since the procent war peoples should remain apart,, as is the tory can be regarded as belonging to the
invaders. began. At its cor mensement the Chinese caco at the present time.
Private AV, Sworn, R.A.M.C., was only seventeen years old when he won the Legion of Honour, and is the youngest soldier on whore the decoration has been bestowed. It was awarded to him for saving a French officer tinder fire,
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