Page

INSTMATIONS

S. MOLTRIE & Co.,

· LIMITED,

SOLE AGENTS

for the famoas

WEBER & ALLISON

PIANOS

BRITISH-MADE THROUGHOUT.

NEW MODELS

JUST RECEIVED.

INSPECTION INVITED.

FURNISHED FLATSA

THE Undersigned are prepared to furnish

TO LET.

[20-6

HUMIKONG DAILY PRESS, FRIDAY, FEBRUARY 25TH, 1916.

BRITISH TRADE IN CHINA:

RADICAL CHANGE IN OU

METHODS, ADVOCATED » BLIGHTING INFLUENCE OF THE FOREIGN

ALCEAN OFFICE.

of support accorded to them. I represont commission? They will place their busi pow more than 30 engineering firms, ness in America, Japan or Britain accord- overy one of which is controlled by the ing to whichever suits them best. It is overnment. Our output is closely matter of supreme, indifference to them crutinised and yet, even in these times, who executes the order a long as their we not get anything like the support proft as intermediaries is secured. that is given toerican manufacturers by the American officials.”

The gument that this was most natural and perfectly legitimate method of doing business was scouted by MI "I am broken-hearted about BritishTHE DIPLOMATE CONTEMPT OF TRADE. trode in China," said Mr. Moore Bonnott thing to help us get our trade. Now they It was then put to him that the British

Bennett, who made some very

to a representative of the Daily Press have taken over our output and we are hong was well advised to place the order yesterday. Some may incline to the bolief that they will help us to regain them. could not compete in price. In this way losing our markets. There is no guarantee elsewhere if the British manufacturer that the more fact of making such

the commission was secured whereen other statement place, the speaker among the

wise everything would be lost. ranka of the born pessimists. It should

"The Government "never did a single remarks about practical patctant.

Britain by its trade it becomes a thirdrate Power, whatever the result of the ou trade. There is no getting away from war. Our Diplomatic officers look down

THEORY AND PRACTICE,

be remembered; however, that Mr. Bonnett the fact They do. They should be taug Bennett, "but anyone who knows China!

can speak with authority on these matters. The whole of his business interests are in China.

to

'He has lived in the Far East for I am afraid that this economie war will bid for that point of view if they were

a considerable number of years. His headquarters are in Peking. Ho speaks the Mandarin, language, and he travelled the country in the interests of British trade as extensively, probably, as any Englishman now living. Moreover, he is the Organiser and Managing Director of the Anglo-Chinese Engineering Associa tion. Ltd., an association of some 30 er more British Companies recently formed to secure as important a place as possible in the Chinese market. He has had excep. tional facilities for studying both sides of the business problem. First and foremost, he speaks as a practical trader. He knows the Chittese point of view and has had what he would describe as bitter ox- perience" of the attitude usually adopted by the British official, both at home and abrond. towards commercial affairs. His views are, therefore, worthy of something more than a cursory examination.

"WE ARE LOSING OUR TRADE," No one could speak for long with Mr. Moore-Bennett and retain the idea that he is a pessimist. He is a man of forceful,

and

that trade pays their salaries they are the servants of trade, After the war in Europe is over a great world-wide economie war is coming, and find us just as unprepared as we were for madman to imagine that I could fight the military struggle. I should be a Germany's military strength single-handed Individual British manufacturers will conditions, of fighting single-handed have a better chance, under present against Germany's organised economic strengdi ground in China in the most efficient Germany in preparing the manner for the trade war that is ahead Do not let us forget that."

sup-

GERMAN ORGANISATION IN CHINA. In answer to a question regarding the China, Mr. Moore-Bennett said, of course, direct influence of the war upon trade in'

business could be done and British menu. trade had been affected adversely, but facturers could deliver. The lack of port, however, upon which he had com- mented was acting as a deterrent. The Japanese, and Americans stated that they could quote exact prices whereas the No one could quote freights, but the British manufacturer could not do this. Japanese and American guaranteed quick delivery, whilst there were inevitable delays on the British side. The Ger mane are doing very well indeed in China now," said Mr. Bennett In Hankow, Tientsin, and Shanghai their godowns are

HONGKONG VOLUNTEERS.

COM ORDERS BY LI. COL A. CHAPMAN: V.D.

PARADES. -Parades for Friday, 25th Instant, 6.15 p.m.-Nos. and 4 Bub-seofións

Arty, Batty. (as detailed in Corp Order No. 4 dated 30th December, 1916)-10 pdr. gun drill at Head- quarters, Sergt. Bradley R.G.A. will attend.

Remainder, nil.

Parades for next week.

The same as for week ending 19th inst., except Scouts Company, all Bections of which will parade on Tuesday, 20th inst; NI

MOBI TRY.

Sunday, th instant, at 8.30 p.m. at King's Park Range No. 1 Section Scouts Company, Trained Mon (only), Part II.

DETAIL

3-Orderly Officer until this morning :

Lieut, Proston. Next for daty : H.K.V.R.-

G. E. STEWART, Capt.,

Adjutant, H.K.V.O.

That sounds woll in theory," said Mr. understands that it does not work in practice. There might be something to he

invited from all parts of the World. As all open

open contracts for which tender were

things as open contracts in China an 4 matter of fact there are very few such

do we know about what is going on in

done if he was not circularised by the man sonte distant Province What would the Amorians know

of the business to he on the When the of something going, British hog here HONGKONG VOLUNTEER RESERVE. and manufacturers of all nationalities are ORDER BY MAJOR WARRMAN, COMMANDING foolscap arc immediately requisitioned placed by them on even terms. As Isny, commission from America is just as good to them as commission from England, 1t the British merchant houses are a menace the 19th inst. is not their concern that British shops mayed Quartermaster. Borgt,, with effect from Co, Q.M. Sgt. E. W. Dawson is promot by ine, That is

is what I mean when I say

Burs own.

1.K.V.R.

PROMOTIONS,

Sergt. A. C, Franklin is promoted Co. Q. M. Bergh, with effect from the 19th inst Sergt. J. C. Mackay is promoted Co. Q.M. Bergt., with effect from the 19th inst.

DETAIL.

inst, to the morning of the 3rd March-

Ca duty from the morning of the 25th

"B" Co.

Orderly Officer for the same period- Licut. J. W. C. Bonnor,

to British manufacturers, and no amount of

sophistry

about buying in the cheapest market will get over it.

"LET US DE BRITISH

must work as a nation if we are to hold Take it from me that in future we

factories have in the past been represented "How many Jorge British by Germans in China? There is no need to mention naries; they are too well. known, That, of course, must never hap pen again. It was

MUSKETRY, policy on the part of the Germans Why, King's Park Range on Sunday, the 27th

purely a

Of a Gestion

The following members will attend at they even represented British manufac inst., at 9.15 a.m. (Dress, Drill Order) some of their German Agencies, How much business do you think the British O. Brawn, J. H. Seth, J. R. Wood, H. B. L. Dowbiggin, J. Hutchings, J. H. manufacturer obtained Why, just enough Mend. Allen, A. Gray, L. Guy, 7: to keep him sweet and to prevent him from opening up on his own son, Waldron, W. Robertson, F. Brown and 8.

von now there are instances of import- ant British interests being held by foreign firms. This should not be. We must go forward into the coming economic war with all our resources marshalled in the most effective manner. Let us be British It will pay better in the long run.

some of their Tregunter Mansions (May FFICES in PRINCE'S BUILDINGS, Second ergetic character and one who knows full and a good deal of stuff is being turers who were in direct competition with Le.Opt. Leefe, Ptes. A Blythe, C. H.

Flats have first-class appointments which Blude English Baths and Kitchen ranges, hob water supply and water closets. They are of two kinds, viz.: Flats with 2 Bedrooms

Apply -

ALEX. ROSS & Co., Liquidators, WM. MEYERINK & Co. (252

and 2 Sitting Rooms and Flate with 3 Bed-Hongkong, 9th February, 1916.

Sitting Room The lattor are

I

roons and specially suitable for Bachelora. Arrange ments could be made if desired for the use, in common with certain other tenants, of the adjoining fresh water swimming bath.

Apply to

10

TO LET.

FFICES in Queen's Beilding. Apply

they are doing no import trade, but they are using every means at their for organising a splendid jumping off ground when the war is over.

The money from the Boxer judemnity and from the short-term loaus is being utilised for the opening up of numerous small offices in the interior. They are concentrating on the trade in aniline dyes and electrical apparatus, and when ponce is declared Germany will have a tremendous sales greatest possible facilities for the disposal organisation prepared to provide the of German goods in China Ag

Floor, formerly occupied by Messrs. his own mind and is not afraid of express-shipped under Chinese names. Of course, Roed) Flats to suit intending tenants. There Wm. Meyerink & Co.

ing bia opinions, "We are losing our he said, and the Americans and se are getting it. The reason is. that have educated the Chinese up to this iden that however good your stuff may be it does not matter if you cannot get your Minister or your Consul to youch for yourself and your goods. Take an example. Supposing one goes to a Pro vincial Government to quote for a paper mill. One is able to quote a competitive price. The Chinaman asks: Will Your Consul guarantee this machinery and that we shall finally get it 1 The American, the Germas, and the Japanese Consuls will do this for their countrymen. The British Coasu will have received no instructions. In the old days when there was no competition times if we do not individual

adapt our methods to the of gar com petitors wo lose the trade. It is impor sible for the best salesman in the world to put the business through. Recently, for the first time in my life. I managed to

HUMPHREYS ESTATE & FINANCE ¡

Co., LTD. Alexandra Buildings. Hongkong 28th January, 1910.

(205

THE HONGKONG LAND INVEST MENT & AGENCY Co., LTD. Hongkong, 8th December, 1918.

(105

PRAK.

TO LET.

03 and 10 MOUNTAIN VIEW, Apply to-- Bathrooms

M. J. D. STEPHENS. Hongkong, 12th November, 1915.

TO LET-FURNISHED.

YO. 6, MORRISON HILL, 6-Roomad

Vacant from 1st March.

Apply.com

HARRY WICKING & Co. Hongkong, 3rd February, 1918.

TO LET.

TO LET.

197

(236

N

splendid set of OFFICE ROOMS on the "First Floor of No. 10, Des Voeux Rosd Contral (above the Robinson Pizzo Co.), comprising Three Large and Two Small Rooms with Outhouses and Servants' Quarters. The Premises are being thoroughly repaired and renovated. Contrally located in the vicinity of the Banke and Shipping Offloes moderate.

Apply to

Bent

MOW FUNG & Co., 10, Den Vonx Road Central Hongkong, 18th February, 1018.

TO LET.

OFFICES, 6, Daddell Street, now in

occupation of Messrs. Badocker & Co.

Apply

"THE HONGKONG LAND INVEST- MENT & AGENCY Uo., LTD, Hongkong, 17th February, 1916.

RAV

TO LET.

[295

AVENSFILL EAST, Park Bond, containing 8 Rooms, 3 Bath Rooms,

Borrante' Quarters, do. Vacant lah Neramber.

Apply

who counted. In these

THE REMEDY

R. Jones,

PARADES.

For the week ending 4th March, 1916:- Becruits on the Cricket Ground on Mon- day, 28th inst. Wednesday, 1st March, and Thursday, 2nd March, at 5.15 p.m., uador: Bergt, J. Oxberry, drill instructor for recruits, Dress: drill order,

Signalling Section at Volunteer Head- quarters on Monday, 8th inet, at 5-15 - P., for Squad drill; dress; drill order. On Wednesday, 1st March, and Friday 3rd March, at 6.16 p.m., Signalling. Uniform to be worn.

AN EXAMPLE FROM THE ENEMY, "Take the engineering department of Carlowitz & Co. That was formed of group of Gorman firms and was prac Having diagnosed what is wrong. Ms. tically nothing but a sales organisation. Moore Bennett was asked what suggestions They wers out for orders and so long as Govorament, he was asked if the appoint- he could make for remedying the existing the German shops were kept busily em it did not matter much whether state of affairs, and, in defence of the owitz & 00, gaired a profit in this including recruits, will parade on the A and B Companies New Organization, ment of a Commercial Attaché in Peking particular departmental satisfied with garl March, for Inspection of Arms, Equip German firms Cricket Ground at 5.15 p.m. on Thursday, was not, at any rate, a step in the right forming the group direction.

The appointment of the Commercial

the business secured and were quitement, and Ammunition. Dress: full to contribute towards the expenses marching order. Each member must be in it not much cheaper and vastly more

TO. 11, GAGE STREET, from Isk January, British Commercial Attaché in Peking, agitation of certain Chambers of Com-individus tmvellers or small agents whetion served out to him. All exempted mem- got two letters of introduction from the Attaché in Peking was a sop to that than employing a number of } Possession. of the full quantity of ammuni

1916. Apply to--

J. VINCENT BRAGA, Toyo Kisen Kaisha, Hongkong, 18th November, 1915. (100

TO LET. HOUSE in Knotsford

Kowloon Apply.

THE HONGKONG LAND INVEST. MENT & AGENCY Co., LTD. Hongkong, 24th October, 1915. (87

TO LET.

WO BOUSES STONEHENGE

No. 5. Robinson Road. Newly done-up saf remodelled.

Each House contains downstair Two Good Rooms and upstairs

Three Bedrooms, each with Bathroom.

Outhouses and Grass Tennis Court Shortly available for occupation. Apply to te

but that is not the point. It is general support that is reeded."

A STRIKING CONTRAST IN METHODS,

merce," replied. Mr. Benzott, but we do

concerned in

is how

We want a Minister of Commerce in orgaujao. This is how I actually employed on Military or

the

POSTING,

not what Consular officer, to be directly could probably do next to nothing? This bers must be present at this parade except

British manufacturers our trade interest.

Government Duty between 5 and 6 p.m. It was auggested to Mr. Bennett that London, and be should not be under the

the Anglo-Chinese Engineering

on that day. Members on such duty must the bolstering up of British trade by control of the Foreign Office in any shape contribute towards the expenses when parade a certificate that they are so em-

tion. Each member of the group will send to the O.C. their Companies before i subsidies and other artificial means was strongly deprecated in some quarters on

or form. That would be fatal. He must necessary. Ofices may be established in ployed. Great costs will be worn rolled be completely ires. The pressat Board of the ground that it would tend to destroy Trade is by no means free. The Minister employed and technical assistante brought

places. Competent Chinese may be on the right shoulder. Terrace, enterprise, initiative and the wholesome of Commerce should have in every from England. With thirty and more

character of independence upon which the country-in Argentine, Brazil, China and engineering firms associated there is no allotted Corps No. 587 and posted to Co- Pte. A W Bliss, having joined, is British trader his so auccessfully relied in all the greater buying centros of the thing in the engineering line which they" Section 13 in the past."

Mr. Beanett brushed the old shibbolethany Foreign Office training of

world-absolutely commercial men without cannot tackle. The technient experts will Pte. F. H. Smith, having joined, is aside with a gesture of contempt. "We They should speak the language of the on the spot, and in this way there is surely

any sort be able to furnish estimates and drawings allotted Corps No. 688 and posted to Co. do not want subsidios or anything of the country and, of course, be conversant with much more likelihood of getting business. kind," he said, "a little account of what the

"A" Section 24 metra trade conditions, particular Peking a mouth or two ego happened

These

in Yunnanfu there is an electric

G. K. H. BUTTON, Capt., will, perhaps, best illustrate what I mean at House. It

| men should act as advisers to the Minister lighting plant pat in by a German firm

Adjutant; H.K‚V.R.. would I arrived in the Capital on November

be impossible to get which cost £30,000 Competent engineers ally-competent-business man to act as consider that a similar firm for £18.000 the 22nd and on the Commercial Attaché salary at present paid, but, of course, the That does away, I think, with the idea of 19th and called on Sir John Jordan on Commercial

plant could have HONGKONG POLICE RESERVE. in Chins for the been put in by a a little later." I desired a direct and salary should be made suficient to attract the open contract. It is simply a ques

INTER-PLATOON DRILL OFF. special introduction to the Chinese Gov.

right man for the post. In China, for

Platoons will drill under their Comman ernment. What was the result? The Commercial Attaché informed me that he

example, we should have the Commercial our angers on the bustacio of having ders as follows:- Attachés or Advisers in Hankow, Shang- must adapt ourselves to the methods of

business pulse. could introduce me only to the Chinese hai, Peking, and Canton. Their offices in the competition, and we must seriously Monday, Feb. 235.....

Company Platon Government if I had letters of introduc each of which there should be at least prepare for the coming struggle. Other- tion from the Foreign Office at Home, and

two Chinese assistants, should be there, for the time being, the matter

regarded

wise the waste of money that may be Tuesday, Feb. 29th ended. Two days afterwards Mr. Meyer, should spend his time travelling

Kas bases.

The principal in each case attributed to any unpreparedness for the Wednesday, March lat

in the military combine, which is supported by Mr. J. should kee in telegraphia communication which is coming"

in the great economic war Friday, March 3rd to have any

1 and a with that lice.

Fall in a Central at 5,30 sharp, except clarks should get amount of money behind

Mr. Moore-Bennett also vouchsafed to No, 2 Platoon of No. 2 Company, which Peking He upon his Minister and edited and printed in China and sent to mation about Far Eastern affairs gained Platoon of No. 1 Company will parade at out daily reports, and these should be our representative much interesting infor-will fall in at St. Joseph's College, No. 2 Mr. Reinsch gave a dinner in his honour the Minister of Commeron. At present the daring the course of his travels by close Water Police Station. at which four or five of Mr. Meyer's Consular reports and Commercial Attaché observation and conversation with man. lieutenants, Mr. Arnold, the American reports are frequently delayed nine months of all ranks and nationalities, At the pro Commercial Attaché, and six of the heads from the time they are written to the of the chief Chinese Ministries were pre- time they are published in Great Britain.

sent moment, however, it would not be Minister took Mr. Meyer personally to call on the various heads of the Chinese Government Departments, and the Com. mercial Attaché went with Mr. Meyer's lieutenants to see the Scerctaries of 36 Departments. Nothing that we could do. nothing that any Commissioner could do, would induce the British Minister to do that for me or any other Englishman. That fact places as on a different plane from our competitors in China:

DAVID SASSOON & Co., Lrs. Hongkong, 22nd December, 1915, [112

DEACON, LOOKER DEACON & ASAHI Hongkong, 19th October, 1915,

HARSTON.

TO LET

From 1st March,

GODOWN, No. 6. Duddall Street,

Apply

(00

A. B. AVASIA,

Care of E PABANNY,

No. 1, Daddell Birost

Hongkong, 2nd February, 1818.

TO LET

NO. 5, MOUNTAIN VIEW, PEAK,

[83

No. 141, Wanchai Road, Large and Spacions Godowe.

SHORNCLIFFE," Garden Road, to let Furnished, 6 Rooms,

GLENIFFER" S, Hanko Road, Kowloon,

* EILANDONAN," No. & Des Vestix Villas, No. 54, THE PEAK, Fully Furnished, including Piano, from 1st to 30 h November, Kowloon, from lat

WOORD MayNo. 4. Hankow Boed,

1st May, 1916:

No. 2, ZETLAND STREET.

No. 21, SHELLEY STREET.

No. 25, SHELLEY STREPT,

No. 25, SEYMOUR ROAD, WOODLANDS

VILLA WEST.

No. 58, FEEL STREET

on Caine. Eoad

"GLENSHIEL," No. 141, Plantation Road,

Peak, from 1st November, 1915.

""HARTING?". Austin Rond, Kowloon,

ROSENEATH," 2; Hankow Rd., Rowicon,

No. 6. BELILIOS TERRACE,

No. 5, BELILIOS TERRACE, with

entrance on Conduit Road,

UNE GODOWN, No. 9 Burzowa -Street, Wanchai.

TWO GODOWNS, in Duddell Street. ____ No: 2, DES YEUX VILLAS, 61, PRAK (Unfurnished),

No.59, TESTRAN (5 CAMERON VILLAS. Apply 30— LINSTEAD &'DAVIS.

Brd Floor, Alexandra Buildinwe Hongkong, 18th February, 1916.

15

DAI NIPPON BREWERY

BEER

GO. TOKIO

JAPAN

of Anderson & Meyor. the big American country surrounding the base office and yond all campaign will be increased be. Thursday, March 2nd

came to

seut. The following day the American They are, CO mare history than discreet to publish this.

INDIVIDUALS T. NATIONS.“ "We are working individually, and they are working nationally. Of course, I know the old, old story which is repeated ad nauseam that Diplomatie officers cannot help individual traders. I go to Sir John Jordan and he says he cannot assist me particularly because I am imply an individual I reply that I am not, an

YARN MARKET.

states ima

put British manufacturers in touch with anything else

men will be able business and will be able to say just now. much reliance may be placed on a client On the other side, the Minister of Com the as regards the probability of payment. Messrs. S. D. Setus & Co.'s report for merce, should supervise the work in the

fortnight ended 23rd February home factories, show the manufacturers how they can work for the greatest general are reported of about 450 packages at COTTON.-Market ruled steady. Bales eficiency and inform them regarding the $7 to 829 (per picul). Unsold stock is possibilities of foreign markets. In many

estimated ways such as this the country's produc- tion could be materially increased. DAMN COMBINATION OF MANUFACTURERS.

in a totally different ad moresanisation at a minimum of expense.

2.

I and a

4

2.

3 and 4

3

1 and 2

a

3 and

complete files will be selected by the Platoon Teams of 1 N.C.O, and not less than 10 Commander. Winners will wear single silver stripe on loft aleave,

MAXIM GUNNERS.

Musketry Sergeant Ford, P.-0. Back- house, Bickerton, Eddie, Hyndman, "Mel- bye and Mow Fung wilt parade at Central on Wednesday, March 1st, at 590 p.m. They must not be warned for regular, Patrol duty during March month.

MOUNTED POLICE;

Members wishing to transfer to the Mounted Police will meet the D.S.P, at Closing quotations: $27 to 230 (per picul): p.m. to discuss the question of expenses of at about 2,000 packages. bis office on Friday, February 25th, at 6 INDIAN YAEN.We have nothing fresh

MUSKETRY.

have not fired Ranges A to B in Part II All ranks who have passed Part I. and will leave Blake Pier at 9 a.m. on Bunday, will be hold strictly responsible for seeing February 27th. Company Commanders that these men fire.

F. C JENKIN,

D.S.P. (B.)

RELEASED PRISONERS.

to report, market ruling steady. Bales keep, etc. combine to obtain direct representation in 1, 200 bales of No. 10s, and 550 Again manufacturers At Home should are reported of about 2,950 hales, coinprís- 1.650 baleg of No. 108, 550 bales foreign Countries.

of No. 125, Groups should be formed as many, of course, as possible

bales of No 205 RA under:-400 but is no group should there be two firms 3101 50 bales Crown, 103, at $101, 150 bales Assur Virjee, 103, at $100 to in direct competition. In this way it in that sense of the term, and would be possible to form an efficient hales Currimbboy, 10s, at $101, 450 hales the whole difficulty of the matter lies are

David, 105, at $102 to $105, 100 bales Gold thero. Other nations look at the

In China, for example, it would be quite 106 at 804 to 805, 100 bales Indo-Chins. Mohour, 108, at $104, 150 bales Hongkong fashiou. They do all they can to helponse involved in the establishment of 300 at $109. 150 babes Naranjos 10s, ut impossible for one firm to stand the ex their nationals not as individuals but as local office and the employment of a suit

$100, 400 Bales Sundry Chops, 108, at helping these men they know they di representatives of the nation's trade. By alie and influential compradore at $103, 150 bales Dawn, 125, at $107, 100 **200 to $99, 100 bale, Bombay Cotton, 128,

Some civilian French prisoners, released BRITISH MERCHANT HOUSES IN CHINA.. bales Swan, 165, at $114 to $115, 100 bales from the invaded districts in France, whe heed. Our system is a negative and not

It was suggested that British manufac

Go baley Moon, 199, at 9107, 150 bales have reached Switzerland, are the bearers a positive one. Our officials will tell us

turers might place their interests in the Sundry Chops, 128, at $100 to $100, 100 of duplicates of the following note which. thousand things

that we may not d care of mercantilo houses already long balas Nuranjes, 163, at 8117 to $118, 100 They will never vell us what ho may do estabished in the China trade, but My balos Swan. 15s, at 8114 to $115, 100 balee they had been compelled to sign and leave

with the German authorities: I under OBTAINABLE EVERYWHERE, spirit of selfishness. As a matter of fact, absolutely suicidal He apparently reat 812 to 8133, 100 bales Gold Mohour, take not to return to France for the dura I am not working for myself in any Bennett denounced such a policy us China; 20s, RE 8130) 100) balea David 20%, the

experience 1 have gained would prob garded the China merchants with their 20s, at 8133 to 8134, 150 bales Indo China, tion of the war and never to furnish in- ably give me an advantage over any new long strings of Agencies us about the 208, at $130, 100 bales Sundry Chops, 20s. formation to the Entente Powers, failing arrivals from firms in Great Britain if greatas menace which the

PBritish manu-

at $118 and $125 Unsold stock is estimat which undertaking I will acknowledge my- they were left to themselves, But why

facturer is called upon to face. "Whated at about 30,000 bales. Sold but un- sell traitor to Germany." The question is should they be so jeft! All British manus do they care to whom the order goes, he cleared stock is estimated at about 20.000 what this scrap of paper" obviously facturers should have the same messure exclaimed so long as they pocket their bales.

signed under compulsion, is worth

SOLE AGENTS MITSU BUSSAN KAISHA.

HONGKONG

108

8:

their

nation. Thus We 870)

are

GERMANY EXACTS A PLEDGE.

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