اتر نامه
ENGLAND AS EMPIRE'S CENTRE AND IDEAL
NEWFOUNDLAND'S PREMIER ON MORAL VALUES.
|BY BAROLD BEGSTE, Í
'process of growth. Sir Edward, recognis-
ing that England is the result of thousand years of evolution, and judging her to be one of the freest, happiest and steadfastest of nations, is in no hurry to support the inventions of those gentlemen here or across the seas who think that they can set up one fine morning after the war a brand new British Empire., "Let us grow," he says: for heaven's sake, let us
grow."
HONGKONG
|
DAILY PRESS, TUESDAY, SEPTEMBER 4TB, _BAY.
FOREIGN OPINION AND GERMAN **AUTOCI BAUY.""
It was the public announcement--for the toleration or promotion of which Germany's
Professor Weber then takes great pains. political leaders bore responsibility-that-pains evidently wasted on the censor was the astounding thing. For people in to explain that he is attacking not the
Emperor but the syst om. He says: Germany seem to forget that it makes an intense difference whether a loading politi Gan, a Minister President, or even a Presi dent of a Republic, makes publicly, perhaps in Poräament, a declaration over so strong, whether he permits publication of a per sonal utterance by the Monarch, and then covers" this utterance with a gesture as cheap as it is effective.
The effects are still operating. The pre sent clintter in the wwdd about the German "autocracy is a swip do, but the fact that it is possible is, politically, very far fron
maď.
of the night far I know not how many of nature, and against any moral influenes what to think. But if they will forget article was published on June 24th, and covers the statesman, who misuses it, against that if they only hold out long enough,
督
*
سط
matter of indifferon o. Who enabled our enemies sucessfully to promote this swindle, like other fairy tales about Germany Whe drew the mense haf red of a' Ghole world The truth is that a public utterance by upon the head of precisely thi, Monarch? the Monarch is immune from unrestricted Who has made it possible for the masses in criticism in the home-country, and so it formige countries to believe seriously that
Germany pining for liberation," unrestricted criticism of his own behaviour this feeling of oppression in Germany will
Foreign countries, on the other hand, do
It is the work of the not stop at this, they hold the Menarchat last break loose! responsible. A politician can and must go Conservativa boreaucracy, which at when the situation alters; the Mouareb, on witical momente put people with the the other hand, must remain. But with bureaucratic spirit in places where polici him regain his words. His person being
cisos belonged.
Professor Weber declares that it is the once publicly involved, he attempts in vain
changed situation. The nation' passis fult, and that the prosont ayyatem must and sense of honour are excited, supid come to an end. He observes that the demagogues like the Pan-Germans have Foreign Affairs Committee of the Federal an easy game, and both the home exiuntry Council-which has so often in and foreign countries stick to the words years boen paraded before the patte--is once spoken, and the situation is immovably really, only a bad
After a fur- ther direct attack on the Conservatives, he ends by declaring that the German dynasties have matters in tboir own the Reichstag and compel all the States, hands. They must either co-operate with especially Prussid, to adopt the Reichstag franchise, or they must continue to rely upon tileir Crown rights and the Empire as a sort of insurance estab lishment." In the one case
"the iron spring, to which Germany is looking when the greatest war of all times is over, muy produce new blossoms"; in the other case, there will be nothing but dissension, wish impotence at home and consequent impotence abroad."
EFFECT OF THE KAISER'S INTERFERENCE-
recent
ments of our ancestors against the aboli- CENSOR AND “DEMOCRAC 1 ." | might, hayo had a politically useful effect. tion of torture, the abolition, of dyngatio absolutism, or in their arguments against THE KAISER'S SPEECHES. the very simple and reasonable domands of the Chartists. Even the grave and The Tayltele Rindschau, according to weighty arguments advanced against granting local autonomy to the Boer telegram from The Pines Amsterdam Republies do not at this modest distance Correspondent, says that the imposition of time deeply imprcas us.
of the "proventive consorship" on the To tell you the truth," said the lady,
My faith," said Sir Edward, is that Frankfurter Zeitung has now been re- looking up from her plate, I really do
all reasonable Englishmen will come to not know wint Home Ral means." tor
sec very soon that the question of Ireland moved as a result of compinints in the His statesmanship lios in a quiet cofi- amile was provocative.
Let me tell you, then," said Bir fideree that human nature is incurably is the question of the whole Empire Reichstag, and that it was due to the He believes chat if we trust this make every allowance for those who are publication of a series of articles by Pro Edward Morris, Prime Minister of New-liberal.
afraid of this experiment. They have fessor Max Weber, of the University of founillard, who was sitting on her other human nature, which means setting our
listened Grst to one side and then to Heidelberg, The explanation seems prob Bide
It uns freeing the British faces against any form of government another until truly they do not knowable, au Professor Weber's third and last Parlament from sitting up to all hours which suppresses or dragoon human
whether
which corrupts it, we shall get not only the faction fights over this matter, and the Frankfurter Zeitung stopped all
just let themselves quietly reflect on the political comment on June 28th.
The in- the 3 days in the gear, deciding a laule river six feet nerose, in County a more united British Empire, but a morɑ
history, and the present lust of tion in Germany.
of the oident sheds remarkable light on the situa rational world. Wicklow or County Clare, may have a
"Such a man. I need hardly say, bus all arrive at this opinion, that a good
-British Empire, I think they bridge bok Perošs 2, and whether a
Professor Weber's articles were called town Boyargal. to bigger than a andom and delicacy enough not to inter-
deal too much fuss has been made over German Parliamentarism in Past and fare in our purely English affairs. He is this Irish question, and then come to the Future." viling may trik a railway system
The first two articles wore of Ir with a single tue and tess stations. the most modest person in the world, with
And it turns agreeable a freedom from aggressive sensible conclusion that local self-governa harmles liberal type. In the third means that to begin with.
It was freeing them, so charming an immunity from ment is the one and only way in which article Professor Weber attacked the Ger- to recall his words in accordance with the i very structure of the State that is at
the affairs of a mighty Empire man bureaucratic system, on the ground something repr British Parliament to attend with proper political or moral sirenousity, that it is
that, while German officials are extremely care to the destanies of the greatest com actually a restful experience to discuss possibly be conducted.”
with him the vast affairs of this labouring
good at their own departmental business; England must be a constant idea to monwealth of nations known to history.
the system has failed utterly in its ap But he does speak clearly and the whole Empire." he concluded. world.
She And as something even angre thin
plication to political questions. Profes tint. Fraps unity and pener at th emphatically on the subject of Ireland.nnst be more liberal, more tolerant, more sor Weber points out the advantages of heart of the British Empire and that, claiming that this is a question which
over the bureau- fixed. in Newfoundland just asjust, moze unselfish, and more wise than Parliamentary central affects him
She holds a place inerney, especially let me tell you, is essential to the waity of
seen in England. nearly as it affects anybody in Londen er all the rest of us
the hearts of the Dominions which she What offended the censor was presumably the Empire as a whole."
Tunbridge Wells. It
We must always be able is discussion of the parts played by the ts, indeed, This conversation occurred at luncheon in Sir Edward Morris'
thessential fragment of his loyalty and his ust never lose
tn respect
her, to admire her, and to love Emperor and the bureaucracy in the con- faith as a subject of the British Empire her. A statesman like Mr. Artar Balrol of foreign affairs. He observes that For he loves that Empire (greatly believ
four, for instance, is of solid value to theit is all nonsense to pretend that foreign ang 24 its destinies) because it represents whole Empire. He stands for a princely ulicy can be conducted like an auction, the highest ideas of liberty. There disinterestedness. He is a man of the the parties trying to muthid one another he unity and peace and cobrard, he says, finest culture. He is a man of the highest in the proclamation of principles" He adds:- at the heart of the Empire.
honour. For the sake of his country, which they hypocritically endorse;
Neither for the Boers, however, TIONTM seeking nothing for himself, he is pre
He then pro-Morocco did we really intend to undertake and ready to take a long and trying professional methods.
armed intervention; in the first two case!. journey, not without peril to life, at a
wo had neither an invitation nor the neces For more than 10 years, from the Kriger time when many men would be resting in
Nevertheless, our landing g The moral value of Mr. Bal telegram to the Marocco prisis, our experi- sary weapons. retirement.
politicians admitted that by the public er four is so great that even those of us who Germany tolerated, und in some cases actuai-gagement of the person of the Monarch a
who enco was that the political contrallers of on some questions differ from him
politi
It assisted in, the pubication of purely practical settlement with England about our cally acknowledge it with gratitude is for these things for culture, for jurand utterances of the Monarch thout mutual South African interests, and wilch virtue,
sometimes France about our North African interests, a high foreign questions-publication for honour, and for chivalry that England must stand. She overzealons Court officials and sometimes was rendered impossible, because our stand These events were point seemed fixed, as it were, on a point should free herself from little politically telegraph agencies.
theof honour, and yet in the end had to he squabbles and be that wise warden of of the Try greatest importance in Democracy throughout the world. Every orientation of work policy, and especially abandoned.
Heavy reverses, which still harm the souls English should strive to reach then the bringing together of the world cnali-
"There were the Krüger of overy German, and heavy and lusting highest ideals of citizenship. He should tion against us.
jealous of his country's honour. Hologram, the warning ngainst the Yellow injury to our interests were the inevitable should hate with all his soul those of his Peril, the Damascus speech, the speech at consequence. But, above all, the extremely porilous impression was created that it was countrymen who would drag her down Taugler- one night make a very long fist.
It must be carefully noted that it is not | Germany's labit first to into the mud, making her common, small.
emplo; the pra, seond-rate.
If England should here a question of the correctness of the strongest outward gestures it then to
Monarch's attitude. About that disputes withdraw after all this belief as shredly become second-rate, then good-bye to the
are possible
Ta maoy, at any rate, of helped to determine English policy at the British Empire England is the heart of
these cases, it is quite possibile that the end of July, 1914. This incredible mistake our cotsmonwealth. She must be true
蟲 communication--in life through all ite parts, England is diplomatic
proper was a powerful contributing oons to the But the splendid. Yes, is very splendid. must be more splendid still."
SUOJ
Savoy Hotel, where he was living with an engaging modesty which would have puzzled Mr. W. M. Hughes, of Australia, and quite satisfied, I think, the exigent wal of M. H. G. Wells.
A QUESTION VITAL 10 THE EMPIRE
Professor Weber points out that in all such cases the officials thought it permis sible to take action-the reference is ob- viously to Prince Bülow's action after the Daily Telegraph interview-only if they saw at once that there was danger of war
. after luncheon. has unfortunately Pared to serve under a former antagonist foreign policy ena be conducted only by against the Chinese, nor for the Sultan of
NEWFOUNDLAND'S PRIME MINISTER- Sir Edward is an Irishman. ife has the importurialde appearance, the sub- The Irish question," he remarked to dued in effective eloquence, and the straight smileless, atinst atarilad stare, become mixed up with your party fights
Ti. Kesome to m
time I come to Lour which is
many characteristic of 501
every educated Trishown His expression is our son that your people are talking of Home Rale for Ireland as if it were a separate of set led and general indignation. Why dow hununity, he sees to be naking,question, isolated from the whole question put up with the fully which enchains of the Empire, as if it were something Why are men such fools? This war, with private to Liberals and Uniquixia. We are even told that those of us who live all its suffering and heroism, what's it about the bus and vanity of a few across the sea cannot understand the crimmals He wants to get on with the difficulties of this home affair But surely those who speak in b VA fail to rand business of life.
realise. jus bername they do not live You judge hom bu be a wase counsellor,
ncross the w what these difficuipes are a chivalrous enemy, a farthful friend, and a simple good natured lover af his fellow minor and provincial, that Irish self A question between is happy as the government is not I think foolishness and misers of the world will allow him to be. The matt erasing of his more rational world. wool is for a bette
Creatures
is ambition for the British Empire would amarcely, I think, ammend itself to those thrusting politicians who believe that serinting of men can be made, and who are so hot for their manufacturing dectes that they cannot wait for palaave's
Tas destesi, mad
Liberals and Unionists, but a question vital to the whole British Empire, and that what set to them an insoluble problem has been quite easily solved, and Fou a much larger scale, in altost every
other cuarter of that Empire."
May in net be, too, that distance is of some advantage in judging a problem 1 At this distance of time, for example, we do not find much weight in those argu-
be
creds: --
$
to treat
Such, is sooms, are the acadesaic opin- ions for the publication of which the most important political organ in Germany is put under the bay.
CHAPLAINS WHO HAVE FALLEN
Mr. Macpherson gave, in the House of Caninuous last month, the following figures regarding chaplains who have died in the
war:
Church of England Roman Catholie Methodist
............
Killed
Died of
in action
wounds.
Died of
disease.
5
2
0
0
These figurce are exclusive of Colonial form to the Governments concerned of the bringing together of this ennetariat world | chaplains, or those of the Indian arclo
aintical establishment Emperor's energetic person standpoint coalition against us.
A PATRIOTIC CALL
FOUNDRY COMPANY, LIMITED.
THE
HONGKONG STEEL
STEEL FOUNDRY
PROSPECTUS
Inviting public subscription for 85,000 shares at par ($10 each), upon an increase of the Capital of the Company.
risolution for that purpose has been passed, e ineense the Capital of the Company to Stenging by the issue of new shares, for the purpose extending the basiness which is firmly believed will, if so extrades, not only prove oxenedingly profitable in ali interested in the Company, bat will also supply a want to inval enema.
The Capital of the torpany is now $1,000,093, of which only Sisusu bus been paid up, mad on this the Company inst your made a at pavlit of $19,817 and paid a dividend of 10 per cont, ut the end of the present financial year. It is anticipated that doubling the Capital will at fast treble the profit; and, should this anticipation be realized, the Company vouki pay at least 1 stussy Tuty per cent.
Steel Castings are Leoded for matreroas purposes by all Railway Fontractors, Engineering and Dock Companies avery. where in Chian, and by meny small manufacturers à present a large por jote of the Stood products which this Company is able to manufacture is obtained from abroad at probably a great Врел in sequence of the very limited capacity of this With an increased at orders menivad. Company to marry Caporal, en bling more fuvaacs to be erected, and more inbour employed, this rampeny would then be in a position to supply most of if all, dus needs for steel castings in this part of the world, for, with the experienes now acquired by the General Mangers, ari by their prosent head workmen, there should be no difficulty whatsoever in most satisfactorily faltilling such requirements.
1 is much desired that suicient additional capital bo subscribed, beyond that which is required for the further d welopment of the Steel Casting department, in order to enable a plant to be obtained, and set up, for the purpose of rolling But Ingots into material for Engineering, Dock, and Building juirements; for whieh isterial there is now a great demand.
It is therefore trusted that many persons in the Colony will be found ready to subscribe towards the increased capital desired, both for their own benefit, and for that of the community generally.
The General Managers are ready and willing to enter into any reasonable agreement desired by the Company to continus their services for a longthy period. Also, if desired by the Company, they are fully prepared to transfer the control to a Board of Directors, comprised of such persons who are in a position to introduce business, as the Company thinks advisable.
The minimum sabscription for the new shares now offered
to the public, upon which the General Managers my proceed to allotment, is 200,000.
Mr. C. BERNARD Bsows, of the firm of Messrs. Linstead
Davis, Hongkong, is the Anditor of the Company.
A copy of this prospectus has been duly filed far registra-
on with the Registrar of the Companies
Application for Shares should be made to the Company's Bankers, or the office of the General Managers, where forms will be supplied.
GORDON & CO.
General Managerɛ.
Dated this 22nd day of August, 1917.
REPORT AND STATEMENT OF ACCOUNTS FOR 1916-17.
Report presented to the Shareholders at the Seventh Ordinary General Meeting held at the Office of
the General Managers, on Wednesday, 15th August, 1917, at 11.30 o'clock A.M.
The Qenard Managers have now the pleasure to submit their annual report and statement of the Company's recounts made up to 31st May, 1917.
The net profit for the year ended 31st May, 1917, after allowing for interest. Auditor's Fees and writing of depreciation on Company's Phat, Machinery, Launches and Stock, is 819,817.03. This amount together with the sum of $19,518.82 undistribal profit brought forward from last year makes an available balance of $39,366,55, which it is resolver to appropriate as follows: To place to Reserve Fund $10,000.00. To pay a dividend of 83.00 per share $7,608,00. To carry forward in credit of next year's amunt $21,558.55
BALANCE SHEET AT 31st MAY, 1917.
DT.
LIABILITIES.
SHARE CAPITAL.
Authorised 100,000 shares al
80 each.....
Issued 7,808 shares st.10 aci MORTGAGE ACCOUNT SUNDRY CREDITORS including General Managers PROFIT AND LOSS ACCOUNT
Balance as per last account...349,548.62 Profit for the year ...... 13,817.23
To Interest Account
Auditor's Fee.........
Jets.1
ASSETS. Machinery, Melting Furnaces, Foundry Plant and Tools including Annealing and
Preheating Chambers and
78,0 +0
also all rights to secret pro- cesses asjar last account...ÊN3,506. Iz
311.2
*1 ;ץ.
20750
72 Less Depreciation
4,227.73:
$77,410,45
Additions during the year 4,836.86
RODE 55 Value of 2 Lunches as port
best account
Ör.
ats.
2,356 01
1,500.00
Los Depreciation
450KORE
4,950 0
Office Furniture and Fixtures including valsable draw-
ings as per last account...8
Less Depreciation
ALO0
729 00
Stock in trade..........
$27,449.70
Less Depreciation
795.89
26,879, 81
6,00 00
1,874
35
7,430 10
$ 143,202 27
$143,202 27
Work a Progress.......................
Accounts Receivable ........
Cash at Bank and in handi
(Bank 7,271.54 |
(P/Onsh 167.55 j'
PROFIT AND LOSS ACCOUNT.
For the year ending 31st May, 1917.
Depreciation Machy. Plant, Stock,
Sec..............
To Writing off old Machinery.
"
Profit on the year...
430
$
Tutes]
cts.
50 Dy Balance Working Account 200 00
2117, 70
7,564 61
95 23
10,917 93
$ 28,117 79".
28,117 79
GORDON & Co,
General Managers.
I report tint I have audited the above Balance Sheet with the books and vouchers of the Company and have found it to be in accordance therewith
I have received all the information and explanations I have require. No depreciation has been written off Steel Process Patent Rights which appear in the books at their original cost, namely, 821,309.60. Subject to the foregoing observation, in my opinion such Balance Sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs according to the best of my information and the explanations given me and as shown by the books of the Company.
C. BERNARD BROWN, ACA,
Hongkong, 6th August, 1917.
Auditor.
To be retained by the Bankers.
This form should be sent entire, with a cheque for the deposit of 810 on each share to the bankers
of the Company, namely, the
To be returned to the applicant.
Chartered BANK OF INDIA, AUSTRALIA AND CHINA.
The Register for application of Shares will be closed on Thursday, 1st November, 1917, at 3 o'clock.
HONGKONG STEEL FOUNDRY CO., LTD.
Form of application for Shares.
To the General Managers of
HONGKONG STEEL FOUNDRY COMPANY, LIMITED.
Gentlemen,
Having paid totheCourpany's bankersthe sum ofs.......
being a deposit of $10 per share for.................shares of Sto
esch of the above-amed Company I (or we) request you de
allot to rau (or res). ...............hares on the terms of the
Company's Menuerendum and Articles of Association mad |
(or we) agree to accept the same or any less number that
may allot toɔ rae (or us) and 1 (or wn) authorise you to
register mo (or us) as the holder (s) of the said shares.
yout
Name in full......
Address......
Description
Date.........
Signature
Receipt for Application Money.
Received this.....day of.
of the Hongkong Steel Foundry Co., Ltd, f
........ on account
..the saxa of ................being a deposit of
shares of $10 each of the
$10 per shave upon..........
above-named Company.
For the-
Chartered Bank of India, Australia and China.
Ucatur.
N.D-This roceipt bua returned to the applicant must be preserved, and if accompanied by receipt for the amount due on `allstment, will be sickenrod in due souras for a certificate.
Should the amount of $200,000 aut be subscribed to enable the General Managers to proceed with the allotment,
#mount authed by och subscriber will bebscribe returned without interest.
J