ENTIPLATIONS

THE HONGKONG DAILY PHEBB, MONDAY, APRIL 19TH, 1015.

THE VICTOR-VICTROLA

is a source of endless pleasure to the entire household.

ous

CHINA AND THE WAR.

SIR FRANCIS PIGGOTT ON PRESENT AND FUTURE

PROBLEMS.

be for her to put her case forward with courage, with aftergy, and with wise moderation. I believe who will use the Opportunity fearly, and that she may justly aspire to obtain a great improve

ont in her position on lines which it would take too long here to lay down. And it will be England's opportunity too, unless the principle she is fighting for now, the rights of the weak, is to be let go. I believe that not her Allies only but the neutral Powers, will follow where England lende

EASTERN BANK LTD.

THE WAR AND THE BANK'S WORKING.

The fifth annual general meeting of the shareholders of tho Eastern Bank (Limited) was held at the registered office of the bank, 4, Crosby-square, under the presidency of the RIGHT HON. LORD

BALFOUR OF BUBLEIGH, K.T., chairman of

There is one other point that Birthe company

The CHALEMAN said.-Gentlemen, Tho Francis Piggott makes in concluding his survey, China, he says, has suffered in her national dignity, and there must be figures in the balance sheet are natural- reparation What form it should inke ly less as regards most items than

INTIMATIONS

JUST LANDED

HIRANO MINERAL

WATER

IN QUABFI, PINTO AND SPLTER.

Bottled by the

LTD., OSAKA.

By appointment to the Imperial Household

I am glad, however, to say that, though of Tokyo and Kyoto, at one time the outlook was very dis

Sir Francis Piggott, late Chief Justice of Hongkong, contributes to the March number of the Nineteenth Century a comprehensive article on China and the War." Sir Franose points out that there is one fundamental fact wherein China difers normally from other new trad countries, that she is not mistress in her own household. Though she

-Sovereign State, sho is not free. The existence in her midst of foreign law

cannot as yet be easily stated.. But one those of last year. The period under IMPERIAL MINERAL WATER Co., and foreign courts, with the peculiar thing chube stated. Germany has privileges they give to foreigners in her threatened Chins with reprisals after the review passed without notable incident land, must obviously affect China's neu-war; to allow her to carry out her threat, until the outbreak of war. Engaged as tral position in regard to belligerent remarks Sir Francis, would be light we are in an oversea business, we exper- nations. Thus, from the outset of the the torch of war once more in the Far fenoed y very anxious time, produce upon war, there were raised curious and seri East. Therefore, at the peace it is in the which we had advanced being shipped in .problems which increased in interests of the whole world that the peace German and Austrian steamers, some of number and intensity as the opera of China should also be ensured, and the which were captured by the British Gov- of Japan, Olloially Recommended by the tions proceeded. They were in finitely pretensions of Germany against her ernment, while other were forced to take varied in detail, but they all had chinitely and under the fullest guar refuge in neutral ports, making it very Medical Colleges of The Imperial Universition

difficult to obtain delivery of the cargo. B this common factor differentiating them antees swept away. from the problems which ordinarily be set a neutral country-the belligerent foreigner was an integral part of the community Sir Francis proceeded to which arose concerning the use of the railways by belligerents, the landing of Japanese and British troops, their ad- vance through Chinese territory, and numerous other topics. That Chine was sincerely desirous of preserving the strict- est neutrality there can be no doubt, as was evidenced by the mandates which she issued, but, as Bir Francis showa, there could have no more effect than Canute exhortation to the wave

Whichever way China turned there. would be a belligerent protest, possibly

her. something

facing she

2 permission to the railways, which had not been

be treated asked, it would hostile act by Germany, and there Would have been accusations of giving material aid to Germany. I do not think I shall be breaking the restraint 1 havg

INVALUABLE AS AN ENTERTAINER. discuss in detail the voxed questions

EXCLUSIVE AGENTS:

MOUTRIE'S.

[1913

PRINTING & BINDING

OF EVERY DESCRIPTION EXECUTED AT THE OFFICES

OF THE

WOTSC,

refuted

as

If

use

Д

THE VOLUNTEER RESERVES.

ORDERS BY MAJOR WAXEMAN, 0.0,HE‚V.2.

HONGKONG 17th April, 1915. PARADES.-A, B, and C. Companies, with the men who were on duty with the Main Guard during the wook ending to-day, will parade at Volunteer Head quarters at 3.15 p.m. to-morrow (Tues day). Dross, drill order.

A, B, and Companies will parede in the rond between the Law Courts and

The most of our difficulties,

aat altogether surmounted, are very much lessened, und wo have every hope that money locked up in this way will soon be refensel,

The Indian exchanges, in which we are, of course, greatly interested, were ser- iously affected, but the policy of the Government of Indian in building up

gold standard reserve enabled them to offer in India £1,000,000 weekly of stor ling remittances payable in London, and thus to support the value of the rupee,

(BAMPLBS FREE).

SOLE AGENTS1

CALDBECK,

MAPENO DE 200

the Cricket Ground at 5.15 p.m. on The amount of such sales to the end of MACGREGOR&C.

Friday, April 3rd dress, drill-orders D Company will puredeundor Co. Sorgt.-Major Cooke at Volunteer Headquarters at 5.15 p.m. on Wedges day, April 21st; dress, drill order. Recruits will parade under Co. Sergt.

Majer Boad on the Cricket Ground at 5.10 p.m. on April 19th, 21st, 22nd, and 20th; dress, drili order.

AT ION-Pte. F. H. Thomas is promote Le-Corph, vice Le-Corp A. Lambelea transferred to "D" Company.

December was 20,700,000 or a LVÉTÉRT of over 400,000 per week for the wecks to the end of the year. Fortunately the demand for these remittances grew less as time went on, and before the end of last month Council bills and transfers were being sold in London to the extent. of Rs.00 Inkhs weekly.

THE TRADE OF INDIA: THE WHEAT CROF.” The trade of India from August to De- ember vas naturally much restricted

"HONGKONG DAILY PRESS," put upon myself if I say this: whether POSTING-Pte. A. Derby is posted to A. and our businces thuring the second half

... k

WHICH ARE REPLETE WITH ALL THE LATEST AND MOST UP-TO-DATE APPLIANCES FOR THE PROMPT PRODUCTION OF

HIGE-CLASS WORK.

ILLUSTRATED CATALOGUES.

PRICE LISTS.

CIRCULARS.

BALL AND CONCERT PROGRAMMES,

INVITATION CARDS.

VISITING CARDS.

ANDY

Company Section 4.

Pto. H. W. Bird, W. C. Jack and Hi Summers are transferred to D Co.

W. L. CABTIB, Capt.. MIKALOR? Adjuftat, HEN R. HONGKONG VOLUNTEERS.

ORDERS AV LIEUT.-OOL. A. CHAPMAN, V.D.

it is true solution the problem is another matter-rules of neutrality have been framed to meet the ordinary cir cumstances which arise in the life of nations, of which fighting is one; they are hardly applicable to abnormal cir- cumstances without modification: The abnormal circumstance in China's case is the simple fact that not only the rese vists but also the foreign troops were lawfully in the country a origine; and it seems to me that the question is, Would Chint have the right suddenly to say that they should not take part in the A war? There is clearly a paradox

volved. But it is really not ñ question whether she had the right to do this, but whether she had the power to

enforce

A STATIONERY fly note some of his conclusions.

OF EVERY DESCRIPTION

DESPATCH

EXECUTED WITH NEATN 193, ACCURACY AND UNDER EXPERIENCED EUROPIAN SUPERVISION, AT: REASONABLE

PRICES.

BOOK BINDING

IN ALL ITS BRANCHES.→

MACHINE-RULING, GOLD-LETTERING, MARBLING, Ero.

EXECUTED ON THE PREMISES AT THE SHORTEST NOTICE.

LAW WORK A

SPECIALITY.

LEDGERS AND ACCOUNT BOOKS.

Laugh Cannot attempt to follow. Bir

4.condition of wind Francis through the many ramifications of his lengthy article, but we may He thinks it is doubtful whether the relations. of China with the Powers can ever be quite the same again. There are not wanting sign that after the peace there' must be a reshaping of European policy in the Far East He is careful to point out, however, that this does not refer to the abolition of exterritoriality. Tur key has, so she says, "abolished the Capi- tulations." He does not think that China will dream of imitating Turkey. If I appreciate rightly the views of the leaders of Chinese thought, the position they fake up is this: it is their dearest wish to free China from her exterritorial chains, but they desire to achieve this în legitimate manner; they realise that: the conditions indicated in the Mackey Bir Francis Treaty must be fulfilled,"

AT PRICES WHICH COMPARE FAVOURABLY WITH THOSE OF ANY and with divided counsels the courses off

OTHER ESTABLISHMENT IN THE FAR EAST.

ESTIMATES FURNISHED.

goes on to point out that after the wor It is inevitable that there should bo divided counsels among the Powers,

“internationalism" will become ram- pant, In all those matters which re quire the assent of the Diplomatic Body there will be a deadlock, and China's.

10a DES VŒUX ROAD. HONGKONG. position will become tenfeld worse than

WM POWELL, LTD.

TELEPHONE 346,

JUST RECEIVED:

NEW SEASON'S STOCKS

OF

LISLE THREAD. SILK AND CASHMERE SOCKS.

WASHING TIES."

WASHING BELTS.

B. V. D.

SHIRTS. DRAWERS AND PYJAMAS. AERTEX AND FLEXINETTE. UNDERWEAR.

HIGH CLASS GENT'S, OUTFITTERS. IFhone (348)

F101

1Pte. F.-F. Julyan From Signalling Section to Right Section M.U. Ca., dated 16th April, 1016.

of absence as Fallows

The undermentioned are granted feare

ENTERTAINMENTS

THEATRE

ROYAL

FOR A SHORT SEASON ONLY.

of the year suffered accordingly. With MESSES. CHARLES HOWITT amoratorium existing in this cou try

and not in India we thought it necessary,

AND A. PHILLIPS

as a matter of precaution, to keep our With their Powerful Company Hill Present the

Latest and Greatest of London Encommon. resoutoca very liquid, and a large sum sudient to meet all possible calls was lying idle in India for several months at

a heavy cost to the bank. There is overy TONIGHT!

prospect of a record wheat crop, and it is estimated that there will be available for export between May and December three ** to six million tons.

Owing to the unfortunate participation of Turkey in the war we have been bratch, and we are consequently without ",","" 6," ted 、

unable to communicate with our Baghdad Sergt. D. W Bradbury from 18th the usual returns from that branch. Our manager at that place, who is with us 1916, to 10th December, 1915." April, Private M. Murray iray 10h hero-to-day, recently arrived in London, Uovernment, and he reports that the Private J. Dickson from 28th Apru, bank's office has been closed by the Govern

1015, to 28th January, 1918 191 Private R. F. St. Amery from ist Maynable to communicate with our Baghdad

1915, to 1st July, 1015

melt, who have formally taken possession Gunnor, A. H: Carroll from 1st May

of our cash balance, fortunately not a 1916, to lit August, 1915.

PARADER.

3.—Parades for to-day (Monday),

Right and Contre Sections MG. Co. and Civil Service Company: Under Officers on duty.

large one (under £10,000), and style it an enforced deposit with the Turkish Govern- ment (laughtor)."

THE NET PROFIT...........

The Soreaminky Faroe, THOSE TERRIBLE

TWINS. Proceded by the late Bir Henry Irving'".

Great Masterpiece, "WATERLOO,” by Conan Doyle

TUESDAY, 20th April:"

Laka Khellling Comarlac "DIANA OF DOBSON'S' (Title Role-Gertrude F. Godard).

WEDNESDAY, 21st April 2

In the meantime we have made up our accounts, including the latest returns 6.30 p.m. No. 2 Section Artillery Bat received from Bagdad, and these show a

tery 10 pdr. drill with mules at net proft for the year of £45,122 83. 2d., A Headquarters. As many members as including £8,159 8. 118. brought forward possible of No. 1 Section Artillery from Inst year, After paying interest Battery and Left Section M.G. Caut 5 per cent, per annum on the 50,000 are asked to attend to wist R5 drivers. Remaindor: Nit.

DETAIL

4Units on duty: Nas. 1 and 2 Sectious Artillery Battery, Right and Centre Sections M. G. Co. and Civil Serrice Company.

Oficers on duty: Capt. W. M. Sects and Lieut. A. E. Wright, N Orderly Officer: Lieut. A. E. Wright. Orderly. Sergt.: Corp). W. Brown. To furnish Guard:—

7 p.m. today to 7 a.m. to-morrow

Civil Service Company.

78.m to 7pm. 20th inst. Centre

Section M.G. Co.

7 p.m. 20th to 7 a.m. 21st inst.: Right

Section M.G. Co

GE. STEWART, Capt., Adjutant, HKV.C.

WAR BREVITIES,

new shares lesuoti in terms of the circular daled: June 10, last, we propose to pay a dividend to the shareholders of per cant per annum, less income-tax, as against G per cent last year, to place to a reserve fund for contingencies a sum of £10,000, and to carry forward a sum of £8,477 s. 6d. The reduction in the dividend is, of course, much regretted b the Board, but they feel that a policy of extreme caution is incumbent upon them until the outlook improves. Our disap- pointment is the keener owing to the fact that the bank's profits for the first half of the year were most satisfactory-and-wo had then every hope of being able to maintain the dividend and of placing a large sum to reserve.

THE NEW SHARE ISSUE: THE UNDERWRITING

it was before. Even though Germany's foothold in China has been destroyed, she will still remain one of the Powers;

As mentioned to you at our meeting she will still have a Minister at Peking,

last year, we decided that it would be and he, together with his Austrian col

desirable to increase the capital of the league, will still be members of the Dip-

bank, and on June 10 we issued a circular loinatic Bedy, and, so far as China ia The newspaper Matin says that Cer-offering to shareholders new shares in the concerned, inßuential members, for many, when preparing for the war, proporvión of ong new share for every apart from their equal voice in delibera-ordered 8,000 muutor waggons from an two sheres then registered in their names tion they

are her creditors Sir American company, for the purpose of at a premium of Jis, per share. On such Francis proceeds-

transporting froops from one front to shares interest would be paid out of the Now let us assume that at the peace another. Owing to the vigilance of the profits of the bank at the rate of 5 per Germany purges her great offence and is Allies' feet, the waggous did not reach beat, per annum to December 31, ater forgivin; there is still the human factor their destination.

which they would rank for-dividend, &c., to be taken into account.

pur past with the existing shares. The Would it be The newspaper Maten reporte that Sir respone to this circular was, we consider, possible for the Minister of Germany to William Ramsay, the eminent chemist very satisfactory, all the shares being sub. find himself in agreement in debate and scientist, has informed M. Milleranscribed, but of course a large number with his English, French, and Russian the French Minister for Defoner, that it were taken firm by the underwriters. colleagues. It is expecting great would be greatly to the interest of | The result to the bank is an increase in deal, a great deal which, oven in peace France to treat cotteri as contraland. the paid up capital of £200,000, in the sub time, we rarely found in Egypt, which Ultimately, Germany would be forced to from all accounts has rarely been resort to ordinary gunpowder, for which found in Tangier. But if, as eans the modern guns were unsuited. more probable, Germany lots her mind rankle on the past; if she should he see The Church Family Newspaper retly hoping to retrieve her position in stater: We learn on unimpeachable su China; if, in short, human nature is still thority that Lord Fisher, First Sex Lon as ever the governing factor in such deat the Admiralty, makes a habit of go hates, antagonism in the counsels of the fug to a certain church practically every Diplomatic Body in Peking is inevitable, day for prayer and meditation before and the result for China lose than commencing his responsible duties. We nothing. A

strong and united China understand also that Lord Kitchener fol remains, as it always was, a matter of lows out a similar rule whenever he is in supreme interest to the world; but the London," tables are turned, and now a strong and

scribed capital of £500,000 and in the roserve fund of £25,000.

"The report was adopted and a resolu tion was passed to pay a dividend of 5 per cent. per annum, less income-tax on March 22, 1915, out of the net profits of the undertaking for the 12 months ended December, 1914, to the members on the registers on March 10, 1015, as proprie tors of the shares numbered 1 to 1000,003. The retiring directors, M. J. C. Georges Bouillat and Bar. J. Leigh Wood, were The CHAIRMAN,-Before the next motion re-elected.

is put as to the clection of auditors—and

The Great France British Drama, "UNDER TWO FLAGS,

From Ouida's Famous Novel.

THURSDAY, 22nd April, and fest Performance, The Brilliant Sporting Comedy, MEMBER OF TATTERSALLS

Mr. PETTE PIzza (Backmaker),

CHARLES HOWETE. PRICES 83 82 & $1. Commencing at 9.18-Sharp. BOOKING AT MOUTRIE'S. Hongkong, 19th April, 1918.

[459

FRENCH LESSONS G. MOUSSION,

15, Monnison HILL, ROADS

Idas

ASAHI BEER.

THE DAI NIPPON BREWERY

SAHI

BEER

SPECIALLY BINNE

COMPANY

& CO. TOKIO

JAPAN.

united Europe is essential to China A correspondent of the Church Family it must come from the shareholders' side future salvation. She is compelled tNewspaper points out come curious alplis

of the tablo-I wish to make' a short ex¬ deal with the Diplomatic Fody is a batical coincidences in connection with the and Co. and Mr. de Westley Layton retire plantation. Mestre Turquand, Youngs, whole, and she has a right to expect that WET.

The first British naval fose was H.MS. it should have strong and united nations pron. It was Leman who defended I am asked to say that Mr. de Westley and offer themselves for re-appointment. behind it It must, therefore, be the Liege when Berlin affronted Brussels Iny business of flie Allies to secure this for violating Belgium. It was Beatty who beat Layton has recently merged his practice her, so to save her from the disaster which the Germans in the Bight and sank the with that of Messrs. Lowe, Bingham, and OBTAINABLE EVERYWHERE. anything like weakness or disunion would be "Baby-killers" in the Blucher It Matthews, a well-known firm of account Europe must bring her. For this reason was Sturdee who sank Spee in the Sekerlapratants carrying on a large business in it is casential that her future position. It was Botha with Boers who beat Beyers. China and the Straits Settlements. Mr. should be assured at the making of peace, It is also notable how the letter "K" has de Westley Layton is anxious that should because at that time, us probably at na figured in the life of Lord Kitchener. His the shareholders be pleased to re-elect other for many years to come there will past associates him with Khartoum, the him as one of our auditors, the appoint- be agreement between all the Powers. It Khedive the Kalpha, and Kaon his prefent may be made in the name of his will be China's opportunity, and it will sent with the Kaiser.

fire.

MITSU

SOLE AGENTS:!

BUSSAN KAISHA;

HONGKONG,

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