INTIMATIONS

THE

THE HONGKONG DAILY PRESS, MONDAY, DECEMBER 4TH, 1916.

WEBER PIANO

We have received New Models of this famous ENGLISH Piano and invite inspection.

MEDIA

SOLE AGENTS:

MOUTRIE'S

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No. 10

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BECAUSE

ONE OUGHT.”

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Telephone 838.

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[1005

PURCHASE OF A MANGAN

MINE.

SHANGHAI SHIPBUILDERS

#CLAIM::

In His Britannic Majesty's Supreme

CHINA AND JAPAN WAR. SAVINGS ASSOCIATION. SIR E. FRASER ON PATRIOTISM AND PRUDENCE.

WE DO NOT PAY.

Court for Chinn before Sir. Havilland de SIR H. DE SAUSMAREZ ON THE TAXES Sausnarez, Chief Judge, at Shanghai, on November 27th, the New Engineering and Shipbuilding Works, Ltd., brought

the first general meeting of the China and Japan War Savings Association was held at the Palace Hotel, Shanghai on November 27th, under the chairmanship of Sir Everard Fraser, who was up ported by Sir Havilland de Sausmarez, and others.

PATRIOTISM WITH PRUDENCE.

THE INCOME TAX QUESTION. In the United Kingdom at the present. time we may divide pecuniary scrvice into three heads

(1) payment of taxes

TRADE OF HONGKONG.

GENERALLY DULL TONE.

The following statistics have been taken. from the fortnightly price current and market reports of the Hongkong General Chamber of Commerce.

OPIUM.

Stocks on November 30th were 386 2201

(2) donations by way of charity, and (3) loan of money to the nation. la considering these calls I intend to confine payment of taxes" to the in come tax Rates and indirect taxes, much higher at home than here, may be put on chests of Patria, 180 of Benares, to the price of commodities and house Malwa and 59 Persian and Turkish rent, when we shall arrive at a resultThere have been no exporta during the which puts house and household necessi-interval. In uncertified Bengal opium ties something on a par during this war the balance of stocks on November 30th in the two places.

was D7 chests of Patna and 183 of Henares, No opinin was boiled by Government monopoly.

230

$500

8 750

$1,000

150,00

$1,500

.973.00

433,39 623.00

>

$9,000 -82.500 After this the rate is 25 per cent. plus a super tax.

EXPORTS.

an action against W. V. Curtis to re- cover Tls, 3,005.39.

Mr. Wright said that the defendant, who was at engineer, claimed to be the owner of four mines in Korea from which

If people have money invested where he said he could produce a substance

The following Committee was elected it pays income tax we can rule out that known as mangan to be used in the mak

substance unanimously Mr. C M. Bain, Mr. E part of their income, but it must not be ing of manganesite putty. 3

Plaintiffs Ezra, Dr. B. S. Ivy, Dr. E. L. Marsh, forgotten that the rate of the levy de- The Feather business has been very valuable in ship-building.

Mr. E. O. Peares, Mr. H. G. Siams, Mrpends on the total income, and unearned dull, and there is nothing doing an were particularly anxious to control a supply of this putty because the imports. N. Truman, Mr. A. SP. White-income, i.e., income arising from invest Ginger. There is no business to report in tion of this composition was chielly from Cooper and Sir Everard Fraser.

sents, is taxed at higher rates than earn-Galangal, and but small business passing Star Aniseed Oil is a Dealing with objections to the Associat. To put the position simply I take a in Cassia. Oil. Germany before the war broke out, and for that reason an agreement, any catered tion, the Chairman said I think a good dollar as worth about is 9d., a quite sul firmer hut very slow trade, and there ig No into, between the parties whereby the many people imagine that if this Aciently favourable rate for this com nothing passing in Star Aniseed. defendant for Tis. 3,000 was to transfer ciation is successful it will, or it may,munity, and this gives £100 a year as the remarks are made in the report regarding a quarter share in the mines to the plait reduce the amount of their subscriptions equivalent of $100 a month. An un Yunnan Tin, which is now a dond trade tifs and to manufacture the putty for to the war funds and, very properly, they married person or a married couple be Saigon Cassia reveals no change. The the plaintiffs' benefit. The plaintiffs think that the object of this Association,

equivalent of £130 a year, is reached, *****

IMPORTS. were to pay 81,500, part payment of the which is to stimulate investment in Brigins to pay income tax when $130, the same remark applies to Bristles,

After some activity cotton yarn experi purchase price, on signature of this agree tish Government securities, is not quite though when there are children the ment nud this was done, the defehdas worthy as the urging upon all and exemption is raised. If you were taxed enced a rather quiet week, but the market as home rates on earned income you appears quite steady as stocks are light having to deposit the title deeds of the sundry to subscribe to those war funds.

and the Bombay market and cotton are mine as security-the mine being describOf course we all know-in fact, in my would pay at

10.30 a month

bath very strong Prices have advanced ed by him as the most valuable. From position, I suppose I know a good-dezi

50.02.

83 to 85 per bale.. Quotations are:- inquiries which the plaintiffs made better than others--that any residents

93.75

No. 10%. at $112 to $134. No. 12s. at 8122 through H. B. M. Consulate-General at give to the war funds most generously Seoul it appeared that what the defend and, what is finer perhaps, deny them

to 8139. No. 108, $138 to 8152. No. 209, at 8140 to $173. Arrivals 2,700 biles! ant had actually deposited with the selves in order to be able to give to those

Sales 5,000 bales. Shipments 200 bales. plaintiffs were mining permits and not funds.

Unsold stock 10,000 bales Bargains. title deeds at all,

Nevertheless, a good many others feel

17,000 bales. There is a small demand for Further the defendant agreed to sign

Woollens Row cotton:has no market in a new agreement and also to transfer the that they have to consider the clairng of

In ascertaining the duty of residents fongkong.. Apart from a good demand ownership of the four mines to the joint their dependents, now and in the future. names of the plaintiffs and himself, but In fact they would not be doing their in China as compared with that which for Tinplates, which have touched 816.50 when a stew draft of the agreement was duly if they did not. To such geed our fellow-countrymen at home have taken per box, the Metal business continues prepared he refused to sign it. It would patriots the Association comes and save upon themselves in Parliament, I have dull. Lead has firmed up, but few sales Here is an investment we would like made three allowances in favour of local are reported. Nails are extremely quiet. also appear that there was no mangan in the mine and, therefore, the defendant you to take up. It is the best investment incoines, (1) a set off of the larger muni There are still large quantities to he was not in a position to manufacture the because it most directly promotes the cipal rates and indirect taxes at honie cleared. Quotations from London and putty. For these reasons the plaintiffs successful prosecution of the war." then, against lower rates and taxes here; (2) America are firm, advances having to claimed the return of the 81,500 part of of course, if one looks at it widely, aub the lowest rate, viz, that applied to reported in most lines. Yellow Metal is the purchase price which had been paid scribing to the war funds is a form of earned incomes to prevail; (4) a flat rate only a nominal trade. There is no change in respect of an agreement, the conside-luxury; it is yielding to the very natural for the dollar, which as local expenses are in the small business passing in Petro- ration for which had entirely failed.pulse to help others, and, if it is in dollars is fair, but I have taken a leum products. As to Window Glass, the The rest of the claim was made up of treated as a luxury, one very soon comes low average rate, a little under 1/2 market continues steady, an advance in certain sums disbursed by the plaintiffs to a limit and that limit. is where fur without wishing to affirm that my prices of about 10 per cent, having taken

ther subscriptions would entail interestimate is correct I am inclined to think place in America. There is very indica-- at the defendant's request..

Mr. C. A. L. Skinner, secretary to the ference with one's accustomed mode of that the £100 a year at home will nettion of present rates remaining firm for life or even doubt as to one's future go much further than $100 a month in a long time. Absence of orders from the company, gave evidence in support of the Well, of course, prudence is a very exChina, at all events in war time, interior and outports have, however, claim and said that the defendant had

THE TAXES WE DO NOT PAY.

made dealers anxious to sell at rates made some manganesite patty, but that cellent virtue and to such people the As-

sociation says, Here is a scheme by Now, what is the order in which these quoted. Prices of Tools have advanced the mangan had come from a shipment which you may combine patriotism with payments under my three heads are since the last report, but there are no of the substance from Japan, for which

prudence "You will see, therefore, that made? Taxes first and then the other sales to record. The Sugar market the defendant had urawn upon the plain-

the Association, properly regarded, need two according to the conscience, the steady, tiffs. The $1,000 was advanced to the

not in any way hamper anyone's desire ability and the circumstances of each in defendant's wife in consequence of a

for well-doing in subscribing to war dividual, and in the circumstances I telegram received from Mr.. Blechynden

funds.

would put first the duty to make provi- while travelling with the defendant-in

sion for dependents and second that by Kores to inspect the mines.

The other peint of view, I think, that way of insurance; subject to these, I might prejudice the success of the As should say the duty of giving out-right sociation is the inclination to say, espe-in charity a reasonable proportion of cially amongst those blessed with this une's surplus income, after payment of NEW RAILWAY LOOP ROUND | world's goods, “ I prefer to do my own taxes, comes before investment.

subscribing to the war bonds. The banks Is there not, then, a duty upon Bri Bre very polite to me, why should I join tons in China first of all to do something NANKING AND HANGCHOW LINES the Association?" It is true enough the to take the place of the taxes we do not

COUPLED.

associations at home are very largely pay? Do we not at this moment enjoy confined to those whose savings are per greater protection, a greazer immunity The forging of the link to pacto e force small. But the conditions here are from danger than our brothers and sisters Shanghai Hangchow Ningpo Kailway very different and that argament, at home? There are funds to which we with the Shanghai Nanking Railway think, loses all its forex. What we hope can give which are a direct help to our North, on the latter line, to the Lunghus for one of the objects of the Association country in the war she is waging, to Junction, on the former, makes a most is that it will constitute a very powerful | which our exemption from taxation to important connection in what might be species of war propaganda in behalf of my mind makes it our duty to contribute. termed the Eastery Trunk Line of the Allies. The Association publishes What proportion of our income we ought China (says the U. Daily News). month by month the amount subscribed, so to give is a matter which no doubt The new line branches from. the and of course that monthly publication depends on circumstances, some of which does serve as a reminder to people that I have endeavoured to set before you; Shanghai-Nanking Railway about two: miles. fron Sunghai North Station, it is their duty as far as possible to and I do not doubt that some of you bayo erusses Woodlands Creeks, near Ferry invest in our securities, but it does a salved the question justly for yourselves. great deal more: if the amount, publish But if there is to be further co-ordination Roads, the Soochow Creek, near the Sted month by month is a very large one, of our resources I think that we might John's University nad Jessfeld Park, there can be no better proof of our newell begin by a voluntary levy in which Fahwah Creck, Biccaws Creek and tional soldarity to ourselves, the Allies, we might be guided by the incidence Langhua Creek, these five requiring the neutrals and our enemies, cake fear though possibly not by rates of the tax establishment of major and minor.

The object of the Association then is at home. Personally I should like to see bridges. Major bridges span the Saochow

not in any way to cut down subscriptions such a levy, and I should like to see and Siccawei Crocks, the spans being 145 to war funds. Our object is to encourage committee preferably that of this Ap and 05 ft. respectively, and, like smaller what the war is making a most import sociation, if the gentlemen composing it ones, are built to accommodate a double ant virtue and that is thrift. It also would undertake the work-in charge of track, though at present only steelwork helps to remove utterly any false im the subscriptions arising from it. In for a single line is provided.

pression that, even at this late stage, we similar cases the Government have fur- have not come fully to realize the terrible mished a list of a few war funds, (to impending ruin that hung over every one which local funds could be added at the of me and which is being fended off by discretion of the committee) contributions the efforts of the Allies at a terrible cost, to which would assist the nation to win and it is our duty, however small oar the war, and donors can earmark what ability may be, to try and assist our they give to one or other of the funds of Allies, our Government and the Allied leave the distribution to the Committee we know well, is not likely to grow those at home must give by way of Governments to bear that cost, which, as itself. To other funds we should give as lighter as the years go on. (Applause). charity.

Judgement "was entered for the plain- tiffs with 3200 costs and Court fees.

SHANGHAI,

Further provision has been maxle for dealing with the goods com ing 1 over the Shanghai Hang chow-Ningpo Railway. A new duck, 1,000 ft. long by 200 ft. wide, with ample depth of water at the lowest tide to take the heaviest cargo lighters, has been built at Markham Road. Godowns have been erected on either, side, and the general arrangements are such as to render possible the speediest handling of goods possible.

Electric light throughout is provided and efficient fire protection has been installed

NATIONAL SÓLIDAE ITY.

A RECORD OF GROWTH.

Flour American Market No advices, and no business. Japan--Market has recently advanced considerably owing to demand from Europe, etc. Local-6malt. demand, but no new parchases are re- ported. Quotations-American Patent, 84; American Cut off, 83.40; American Straight, 33.35; and Shanghai Flour $3/3.05.

HONGKONG RESERVES.

OEDERS BY MAJOB VAKEMAN, 0.0, H.K.V.E

Monday, 4th December :-

The following members of "A" Cor

will parade at Blako Pier at 3.30-* p.m. for Musketry: Dress: Drill order :- -L/Bergt. W. J. Crawford,“ Corp. W. Hill, Ptes. T. Arthur, G. T. M. Edkins, F. C. M. Hurley, R. P. Thursfield, H. A. Walker, R. L. Bridger, W. G. Worcester, H. J. Knight, W. H. Ford, J. S. Dobie, A U Diss. J. W. White, F. A.. Brown, JD. Kinnaird, and A. D. Keigwih

(8gd.) G. K. H. BRUTTON, Captain, Adjutant, H. K.V.R.

HONGKONG POLICE RESERVE,

LECTURES, At Headquarters Club, 5.30 p. Monday, Dec. 4th-Class I. (Chief)

Inspector Kerr). Tuesday, Dec. 4th-Class IV. (Inspector

PO'Sullivan), a Wednesday, Dec. 6th-Class II (Inspec

tor Gordon). Friday, Dec. 8th-Class III, (Inspector

Gerrard)

Warning Officers will arrange that dates

for Bergeants' Patrol Duties de

elash with those fixed for School -

"NO. 2 SECTION,

Do not allow a lending to your countryWill parade at Water Police Station at Mr., Goodale and that the first sub at a comfortabic rate of interest to inter-

5.16 p.m. on Tuesday, Dec. 5th. scription list opened in September last fere with what is a harder duty; but,

DILLLARD HANDICAP, and resulted in 88,628 from 120 members when your just contribution has been Attention is drawn to the Billiard Handi- In October, there were 203 wenbers and made outright and your charities dia aberiptions totalled $18,316, Hankow charged, "invest what you can in the war

cap now being arranged. Entries: clase on December 10th, Electrical staff working is now being in accounting for 83,268 and Ningpo. Nank funds, and tender your thanks to this

(Signed) F. C. JENKIN, stalled on the junction line, and on the ing and Kirin coming in. Over 100 per excellent Association for the facilities it

D.S. (R.). main Shanghai-Nanking fine it has cent. increase for November was witnessed is providing you. (Applause).

2nd December, 1916. already been put in as far as Boochow in the membership, and $43,500 and

THE LAST KUNDEED MILLIONS WIN. Mr. A. J. Hughes said what that they Arrangements are now being made to Y.15.200 were subscribed, the latter com extend this to Nanking and it is hopeding from Yokohama. Bubscribers were wanted to get at was the people who were ST. JOHN AMBULANCE BRIGADE that at no distant date the same system also secured in Chunking, Soochow, not present and he suggested that a fall will be installed on the Shanghai-Hang- Kiukiang and Hangchow. To-day the précis of the proceedings of the meeting ORDERS FOR WEEK ENDING DECEMBER 9TH. chow-Ningpo Railway, thus bringing $10,000 was invested in British Govern Briton throughout China and Japan. membership totalled 439 and close upon should be printed and sent to every both systems into line. This arrangementment Exchequer Bonds. It was hoped He believed they had only begun to touch Members will parade as below-r admirable as it undoubtedly is, is sup-soon to bring the membership up to 1,000, the fringe of possible financial assistance plemented by a simple and effective system of signals erected at every station and junction,

TRUTES ABOUT GERMAN FINANCE

to the last German Loan. He could not

go into the matter fully, but as a matter of fact strong pressure had been employ

Sir Havilland de Sausmarez said in the Far East They had obvious The object of the Association is to en-evidence every day of money being freely courage and assist Britons to save by spent and freely gained and before the investing money in War loans; but I wish war was over they must have that money, to remind you that the whole duty of man One statesman had said the last hundred is not done by saving moner even when millions might decide the issue, and that it is in the meantime being put to such was very true indeed. A direct appeal In the debate on the new Vote of

an excellent work. It seems to me that should be the aim and object of the Credit the Socialist Deputy Herr Eduard it is our day first to give to our country Association. Whey should not hesitate to Bernstein told the German Government and afterwards to lend her what we can loosen their puree-strings to the utmost some plain truths about German war

in addition.. Parliament representing and part with every penny they could. finance. He remarked that according to the nation grants certain taxes, Parlia Every Briton throughout the world would the Government no special pressure had ment in doing so gives on behalf of the have to put his shoulder to the wheel been employed to obtain the subscriptions members of the community to the King and help. The slightest chance of a loss

or, if you like to the nation, what each or even a draw would be simply appall will contribute. At the same time in itsing; it would mean ruin to the wisdom it fixes the rate and incidence of number of all present to the greater The Chairman said the committee would ed in many cases. The chief subsoribers taxation, so that when we want to can- to the loans were public institutions. sider what we ought to give we cannot take Mr. Hughes's remarks very much to They could subscribe only by weakening so far wrong if we take what the Parlia heart. their own financial strength and the ment of the United Kingdom has decided, future results would be serious Mean- on the advice of our leading statesmen. while the agrarians and the great indus- to be just, as a guide to what we ought trialists were able to subscribe because to give out of our incomes here. No doubt some allowances for local circum- they were making large war profits st the expense of the people

Herr Bernstein also made it plain that the German boast that the bank rate and the interests on loans are kept down to 5 per cent is a fiction. He said that in business the rate of interest has risen

'enormously,

T.M.C.A. DIVISION,

Tuesday, Dec. 5th

8 pm, Signalling Class,

8 p... Company and Stretcher Class, Wednesday, Dec. 6th:

8 p.m., Practical First Aid Work

Thursday, Dec. 7th: -

8 p.m., Signalling Class 9 p.m., Company and Stretcher Class, Uniform Drill order,

Recruits will parade on Tuesday and

BAIYINGYUN · DIVISION,

Thursday at 6.15 p.m. for First Aid Lectures, and on Friday at 4 p.m. for Company Drill Trained Mem- bers will parade on Wednesday at 2.30 pm, for Company Drill, and on Friday at 8.15 p.m. for First Aid Lecture. Uniform Drill order.

(Sd) E. RALFES (Officer in Charge of District); *December 2nd, 1910.

IMPORTS TO RUSSIA.

The Gazette notifies that the importa Potatoes and sagéz are causing much stances must be trade, but it ought not tion of private goods into Russian terri anxiety in German official circles. This to surpass the wit of man to arrive at tory via Vladivostock is temporarily pro season's potato crop is far from satis what is fair. I put before you for your hibited unless such goods are connected factors, and, as regards sugar, the new consideration these reflexions on the duty with Government requirements. Appli harvest is estimated at 1,700,000 tons of of pecuniary service incumbent on every cations for permission, to import goods raw wager, against 2,400,000 tons in 1913- Briton according to his means, and for the requirements of the Government 1914. It will be necessary to exercise the will proceed to consider that duty some must be addressed to the Department of greatest economy and to restrict tas use

Trade, Minister of Commerce, Fetrograd, exclusively to haman food purposes. what in detail

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