THE CROWNING - GLORY, AN APPRECIATION OF THE OLU
of the Old.
ARMY
THE HONGKONG DAILY PRESS, FRIDAY, SEPTEMBER 14TH, 1917.
the men to whom the world most truly owes it that, in the sober utterance of President Wilson, the war has begun to go against Germany."
A GREAT MONUMENT,
spirit which really animates it. It is afterwards at his leisure; old proportions wholly new to master, and the men of have utterly changed-for paramount ex- the Old Army never speak of themselves; amplo, saugo artillery; the influx, mensur- they shrink from self-advertisement as ed fires in pounds, rose to tons, and now they have never shrunk from an enemy. is thousands of tons a day. Every branch Toy cannot efface the importance of of war sprang into life, all at the same (BY A NEW ABY OFFICER.J
Without leadership what can courage their work any more than knowledge can time, all clamouring for provision and for gain but destruction? Without guidance ever efface itself, and are become men taching in thousands and weeks instead The Battle, of Messines was victory, tomat can critice achieve but sorrow of responsibility in a world where war of hundreds and years. And, throughout, ploto und flawless, and it has been bailed There has rarely been such courage and is king, but there is not one among them the enemy was pounding in his vast the greatest triumph yet nokisved by such sacrifice: there has never in any who does not sincerely envy those whose superiority of men and metal at the thin It is that, but it is people's history been so gigantic, so work lies in action. It is not their am-carth-lines, Britain had far too few for the New Armies.
balanced, a leadership and guidance as tid, but their knowledge, which keeps fighting only, and she had to fight, create, something more--it is the crowning glory has grown into being her in-less than so many tied to posts of comparative and, most of all, teach in the same hour three years. In that time, drained and safety now; but because they belong to That is no commonplace to anyone who menaced by the incessant need for action, profession which is hy long tradition really tries to realize what it has meant. The Old Army says the stranger working with the material as it offered silent, explaining little, arguing lese, there Even watching the machinery now at work wonderingly.
There is no Old to-day itself ardent-souled as no recruits ever is a danger to-day that the power of their helps only a little to picture the building It lies along the road from Mons, by the were before, but chaotic and irregular, influence may be weakened and the magni-p from nothing
now a flood and now a trickle weighed tude of their labour pass unknown. They ask for no interpretation; more than is Marne and by the Aisne, and, thickest down in war as they had been in peace given to any of this generation they can by the slumbrous inertia, the pious pray- of all, to the cast of Ypres in the woods erfainess of the facile governors of the say si monumentum requiris, circumspice: and fields round the little village of country, the remnant of the Old Army but for the sake of the New interpreta-
That is beyond tion is become a necessity. has evolved the New. Choluvelt. It stemmed the tide; it questioning except in ignorance--but of Great Britain time, but the price was ignorance, there is inevitably much. Aleath. Its devotion was imperishable, its the New Arty, lushed now as a young
is with the pride of his strength, wo, fame eternal, but it is dead; why speaks hardly realize as yet the debt of our of it at Messines? To-day let us sing the parentage. The writer has heard many a
gallant citizen soldier the Old praises of the New."
not the Old who feil-they are beyond Yet it is precisely at Messines that there the reach of any words but glory but the tis the greatest need, the strongest right, Old who live on adapting, organizing,
they can never attain.
man
trab
In
A RETROSPEKT.
of a
SWITZERLAND,
A TIME OF TRIAL.
[FROM QBOBET-ROUSSY, MEMBER
118.
ARMY ON THE FRONTIRES.
ondeavouring to utilise ali available water power, but for the manufacture of machines, dynamoe, turbines, etc., we require coal and steel from Germany.
The Allied have always promised to give ON THE BW250 PARLIAMENT.]
appreciative for this concession. In Before proceeding to deal with the pre-roture, we co-operate in connection with sent situation in Switzerland, I am the prisoners of war and play our part anxious to express my keen sense of in accordance with the strictest confa- appreciation for the cordial reception Itions. Our expenses arising directly out have been accorded by the Foreign Office of the war since August, 1914, already It may also, perhaps, not be unbecoming reach a total of 500,000,000 francs.
Switzerland is doing everything within for me to state that, as the guest of Field-Marshal Sir Douglas Halg at British Headquarters, I received impres her power to remain neutral, and it is sious nover to be forgotten, and that better for the Allies that she should not heads of the Swiss Army, by whom I was character still exists among the people. Colonel Andeoud, one of the supreme enter the war. The old Swiss honesty of accompanied, was also much affected, not Of the seven members of the Federal only by the splendid system of discipline Cabinet, three represent the Latin sections. and organisation everywhere apparent, of the community. In August, 1014, the and the magnificent qualities of their country's welfare might indicate. The but by the wonderful spirit of the men Cabinet received full powers, to act as the Cabinet reports to Parliament once every and the
The position of Switzerland to-day, is quarter about tho use to which it has put In this way Parliament that the Republic is literally surrounded the powers. by difficulties. Last year we bought wheat; retains its control all the time. The now we cannot get transport facilitics powers now mostly exercised are in con
For example, 80,000 men are We are in an awkward predicament as to nection with military and economic ques cereals, rice, and sugar and there is a tions. national shortage of milk. It often hap mobilised and scattered on the frontiers pens that when we obtain a licence from at the present moment.
1 earnestly hope that English people the Allies and find a steamship,
belongs requisitions it at the arise of popular feeling on the subject of ment. We are actually very short of the notorious Grimm. It showed a phase stentners until August, and then I fear of the national determination to remain there will be no steamers at all. Up to noutral.
the
ito speak of the Old Army; at Messines Journeying endlessly towards a-perfection allowed to be, preparing for the struggle as nearly as wo could as we had been to government of the country to which the understand that there was an immediate.
in Flanders it is peculiarly fitting that
1
overy day from Germany bearing the poor people taken froin the neoapied terri fories. The German-speaking native children of the Swiss capital have learned When the train halts at Berno. for an hour the children' certain French songs. sing them to the homeless travellers
It expresse Swiss sentiment.
NEW MEN AND OLD, The process still goes on, as it will to the day of the Hohenzollern's final doom, but its character is changing. Fighting, ça marche; and also there is now a broad- ly based maturely organized system ramifying down through every formation In June 2014, there was no country; by which steadily the fighter gains in except indeed the United States, where knowledge and in skill. That, again the Army was less considered than in though we have been dwelling beneath its Great Britain. Its work was aboost on branches, we of the New Army have bare- known and wholly misprized by the bulk ly recognized as a tree which needed to In war nothing, grows of of the nation. It Inboured patiently on, bo planted. sharpening to the keenness of a dagger itself except deicat. To us who offered the little weapon which was all it was ourselves, who studied, and later fought It knew was to come, crying the danger all things have been added, at first few The writes is essentially of the New in vain to deaf ears. It was not till the and slowly, and then in ever-increasing vits glory should be crowned; in the zone Army and intensely proud of his men-loud-burst fell and its years of patient quantities and rapi ity under the devoted now we have not been able to discover ang. A railway train comes through Berne
FOOD DIFFICULTJES. bit the nation realized that labour at To us an officer is first and foremost a where the stubborn valour of the fitte bership but that is the strongest reason labour were tested in streams of blood direction of the Old."
for owning to an intense, a filial, pride. It is only now when the wider labour fighter, because that is all that the vast The economic conditions are the same Old Army barred the road with its body, in the men who inthered it. Before the bus entised the stoutest defences scientific miss of us have ever been; we do not all over Switzerland. The great mini holding on day after day with no reserves war he had no connection, either past or Germain could build and trained German present, with the Regular Arms; but it
trainer. The officers of the Old no doubt offers some compensation in and almost un guns against the vastly has been his fortune to he brought, both could wan to fall like ripe plums that went into that really ho he first and for tions industry--the manufacture of fuses Aoutnumbering aansico Bung against it, it in a battalion of the New Army and else is possible really to estimate what the Army knew that, and now in the same certain quarters. Round Vallorbe, where
have a residence, there are mountains through sheer sympathy. where, into musually close touch with id Army was--the nursery not of heroespirit as they trained that incomparable is fitting that so clean-cut, so electric aer who umber years and tens of years only, but of the hardest workers and the Army, not in skill at arms alone, but in and pastores. A fortnight ago one of my victory should have been born, directed in the Service, and it is right that he finest organisers the world has ever seen every quality of manliness and honour servants went to five different stores in
should make infesta.
For nearly three years they have been also, so they and NCOs of the Old the district. yet he could not procure Bt.
GERMAN AFTER-WAR TRADE. by the remnant of the Old and acted by themselves and the work they have done making the New Army, it is not finished we must not omit our tribute to that glori- much as a single gramme of cheese, some The hosts of the New. The dead who sleep and are doing have been a revelation, nor ever will be but now it stands, ons, selfless band--are training the New thing which, in a country famous for its
its structures reared, its victory estel Army to-day. As they have created and inetic products, speaks for itself. Ing The German Economic Union for South Jished. moar, it may be, drentsed of such a day beyond all the revelations of the war.
Staff, winter the cows were poorly fed. Thon and Central America held meeting at What of the Sommel it may be organized, so are they training, asked. The Somme was the crucible in as they turned axious eyes to Britain
which the metal was tested; now it is cast metall odd buttery officers, N.C.Os, had been a bad crop, and the hay was poor. Hamburg recently under the presidency men today are formed from those in quality. The Allies had stopped of Herr Dernburg. It adopted a resolu- lowly, silly, dising and beginning, to They are in a senge, in which the New
It needs a never-ending labour to round arin becself; those who survived toiled one ever be a band of brothers off the corners, to work upon its attrice, trod staid ways in ofice, factory, or supplies of cattle food, particularly al tion proposing the foundation of an farm, just three yours ago.. It is the cakes, because of an accusation that wo export banking institution to mediate in they have soldiered one with another on for it warestingly, dropping one by one home stations, in India, in South Africa, efficiency-but it is there at Inst
to bring the whole of it to burnished same man!" the nation says in wonder were sending cattle to Germany. A few the participation of the Lerman capital us it casts its memory back. The nation weeks ago we reached an agreement which in business enterprises abroad, and to by the wayside, devoted to the last. Those wherever the Bag flies, and they are ment The New Army cannot realize the has every cause to wonder at the man; wag signed in Paris, with the Allies on support financially German export trade bers of one family. This is a perpetuai arvel of the achievement; like a young it has still more cause to wonder at the the subject of cattle and their fodder. Iafter the war, especially in Central of them who live to-day and how few marvel to the New, which is only gradual lion, it has come to its terrible strength, maker. Praise and honour to the hosts feel sure we shall now get the necessary America, the West Indies, the Far East, they are--begin to reap the fruits of their is learning that the purpose of every but how and why its mighty muscles work who came to be formed; in a thousand cattle food, especially oil cakes, for next and Australia.
abour; it their feet the glory is like branch is the same and not existing to with such effectual ease it can tell hardly ways big and little lat prais, and hon-winter, but all is dependent upon trans- The capital is to be rgized by small obstructs; and it makes for efficiency, more than a lion. It is only a handful, our be theirs! But let us in our hearts port facilities. Inadequate feeding last subscriptions in order to interest thi st wreath-offered to their fallen brothers. sooth and speedy co-operation, ja a way whose numbers are as nothing in this sen give the pals of victory to the silent few winter caused our cattle to consume fir general public, while the Reichsbank
And There is no Old Army to-day," so the the New can barely comprehend.
of men, who know, who have watched it who were working, discouraged vet tree foliage, with, the result that 20 per itself is prepared to buck the enterprise. tranger repeats with mingled sadness one, and all they are pre-eminently from its infancy, and have toiled night solute, before the war, who have laboured cent. of the beasts have been in a useless The first steps for the foundation of the
"gahibs, massuming, unselfish, working and day to feed its incessant hunger. The without rest, creating, teaching, leading condition ever since. As I have stated, new bank will shortly be taken.. kind pride: what is left of it in scattered not for their own advancement, bus
world at large only knows that it numbers during the past two and a half years of we are very aliort of milk all over Switzer. through the lions, indistinguishable, wholeheartedly for the honour of the millions now; it can hardly form a guess war too busy and too generous to say land; in the north-western districts the absorbed." That, like many a halftruth, Service and the success of our arms. The what that has entailed. An artey is We warned you, and you would not shortage is most acute. truth, lenda the mind to falsehood and to individual is nothing, and it in necessary mechanism, every screw of which must heed and when the mighty instrument injustice. A Tittle leaven enveneth the to state it clearly, for it is said too fre
bear its weight-and this war has called, of their forging has played its part in whole lump." The men who wrought the
as no war has called before, upon all the the enfranchisement of the earth and the transformation, who called mighty armies
engines of destruction's art. Whole new salvation of their country will continue into being, the men who took the nation's
sciences hare tame hodily into being, new with the same unfaltering devotion to manhood and forged it into power, train
hells have been invented by the German protect her interests and to safeguard her fing, leading, testing, waiting these are
first, for him to execrate the inventor honour.--Times,
I
Both the men
A BAND OF BROTHERS.
for
quently that the Old is jealous of the New and reserves the places of power in spirit of exclusiveness. It is the saying of those who have never been enabled to realize the organism above them or the
Herr Dernburg expressed the convic tion that Germany was approaching the end of the world war and that she must We are dependent upon the Allies for strive for a peace by understanding, not For the export food and upon Germany for coal and for a dictated peace. chemical fertilisers Our own products trade an open door Bust be demanded. are scarce, and we fear that an arrange and for both import and export tradis went with Germany for the supply of the an open sen, free from British dozi coal necessary for our national existence tion. International agreements would be will be difficult to negotiate. We are necessary for the German export trade.
A PATRIOTIC CALL.
THE HONGKONG STEEL FOUNDRY COMPANY, LIMITED.
PROSPECTUS
Inviting public subscription for 85,000 shares at par ($10 each), upon an increase of the Capital of the Company.
Tia vievire, and a resolution for that purpose has been passed, to increase the Capital of the Company to $1,000,000 by the issue of new shares, for the purpose of extending the business which is firmly believed will, if so extended, not only prove exceedingly profitable to all interested in the Company, but will also supply a want to Jocal concerns.
The Capital of the Company is now $1,000,000, of which only $78,080 has been paid up, and on this the Company last year made a net profit of 819,817 and paid a dividend of 10 per cent.at the end of the present financial year. It is anticipated that doubling the Capital will at least treble the profit; and, should this anticipation be realized, the Company could pay at least a abeady Twenty per cent..
Steel Castings are needed for numerous purposes by all. Railway Contractors, Engineering and Dock Companies overy- were in China, and by many small manufacturers. At present large portion of the Steel products which this Company is able to manufacture is obtained from abroad-at probably a great expense in consequence of the very limited capacity of this Company to carry out orders received. With an increased Capital, enabling more furnaces to be erected, and more labour employed, this Company would then be in a position to supply most of, if not all, the needs for steel castings in this part of the world; for, with the experience now acquired by the General pagora, and by their present lead workmen, there should be Do ditauity whatsoever in most satisfactorily fulfiling such requirements.
It is much desired that sufficient additional capital te ukserbed, beyond that which is required for the further development of the Steel Casting department, in order to enable plant to be obtained, and set up, for the purpose of rolling Steet Ingots into material for Engineering, Dock, and Building Jequirements; for which material there is now a great demand.
It is therefors trusted that many persons in the Colony be found ready to subscribe towards the increased capital desired, both for their own benefit, and for that of the community generally.
The General Manugers are ready and willing to enter into aby reasonable agreement desired by the Company to continue their services for lengthy a pericd. Also, if desired by the Company, they are fully prepared to transfer the control to a Beard of Directors, comprised of such persons who are in a position to introduce business, as the Company thinks advisable.
The minimum subscription for the new shares now offered so the public, upon which the General Managers may proceed to allotment, is $200,000.
Mr. C. BERNARD Brows, of the firm of Messrs. LINSEAD DAVIS, Hongkong, is the Auditor of the Company.
A copy of this prospectus has been duly filed for registra
tion 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 Managers.
Dated this 22nd day of August, 1917;
REPORT AND STATEMENT OF ACCOUNTS FOR 1916-17.
Report prosented 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 &.M.
The General Managers have now the pleasure to submit their annual report and statement of the Company's accounts made up to 31st May, 1017.
The not profit for the year ended 31st May, 1917, after allowing for interest, Auditor's Fees, and writing off depreciation on Company's Plant, Macluiuery, Launches and Stock, is 319,817.93. This amount together with the sum of 810,548.62 undistribute profit brought forward from last year makes an available balance of 339,366.55, which it is resolved to appropriate as follows :-To place to Reserve Fund $10,000.00. To pay a dividend of 81.00 per share $7,808.00. To carry forward to credit of next year's account $21,598.55.
Dr.
BALANCE SHEET AT 31sr MAY, 1917.
LIABILITIES.
Authorized 100,000 shares
SPARK CAPTAI
t
فان
ASSETS. Machinery, Welting Yarances, FoundĖ).
Piant and Tools, including Anvesti ing and Freheating Chambers and alkanli rights to sseret processed as pre inst acessat.
Les vold, 2.
$10 each
....$1,000,000 beard 1,804 shame st $10 each, jako n ∙Koera,um acOUNT *****
78,050
5,000
SUNDRY CIKDITOR &
including cudia? Naungers.
-$19,19.02 12.517.08
29,360
Adiiitoas during the year ...
63
ProPit And LoBE ACCOUNT.
Dotarena per last perount Trefl for the year
Tu Interest Artovat
Less Depreciation
MiCount
Valme, of 2 Launches as per last"
Less Depreciation
-- Offre Furniture sud fixtures,. Includ
ing valusbis drawings as per fast
· Less Depraefation
accarat DOTI
Slack fatenda
Kess Depreciatin
Amounts Keivabl:
Woch-is ProgrNA
Chat Bend and in hand
Back 7,271.54
¡P;Csak 187.20
145,2027
PROFIT AND LOSS ACCOUNT.
For the year ending 31st May, 1917.
430 00
Auditor's Fer
Depreciation on Machy, Fiat, Stock, Ac Writing of old Linery Proton the year.
BUD 00
10
By Balance Working Accinat
10,417
| 26,117
Ꮳ .
3
$115
$58,646.47 0,227,72
$72,420.16
1,986.33
88,756
$800.00
£50.00
·4,010
$ 20.00.
81,00
$22,040,700,
6.000
15,874
1,439
119,209
27:
GORDON & Co,
339
General Managers.
I report that I have audite the above Enes Shoot with the books and vouchers of the Cyapny and have found it to be in scordance therewith.
เ
I have received all the information and explanations I have requires No depreciation has been ten off Steel Process Fatent Rights which appear in the books at their original cost, namely, $21,369.66. Sabject 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 au the explanations given be sad as shown by the books of the Company.
C. BERNARD BROWN, ACA
____¦ Hongkong, 6th August, 1917.
Auðnir
To be returned to the applicant.
To be retained by the Bankers..
This form should be sent entire, with a cheque for the deposit of $10 on each share to the
bankers of the Company, namely, the
CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
HONGKONG STEEL FOUNDRY CO., LTD.
Form of application for Shares.
To the General Managers of
HONGKONG STEEL FOUNDRY COMPANY, LIGHTED,
Gentlemen,
Having paid tothe Company'sbankers the sum of s.......... being a deposit of $10 per share for...hares of $10 each of the above-named Company I (or wo) request you to allot to me (or uş) ..........................shares on the terms of the Company's Memorandum and Articles of Association and I' (or we) agree to accept the same or any less number that you may allot to me (or us) and I (or we) authorise you to
register me (or in) as the bolder (a) of the said shares.
Name in full.
The Register for application of Shares will be closed on Thursday, 1st November, 1017 at 3 o'clock,
Address
Description
·Date...
Signature
Receipt for Application Money.
Received this..
„day of.
the amount subscribed by each subscriber will be returned without interest,
Should the amount of $200,000 not be subscribed to enable the General Managers to proceed with the allotment,
ou account
of the Hongkong Steel Foundry Co, Ltd, from..
the eam of B..
$10 per share upos
bring deposit of shares of $10 each of the
For the
above-named Company.
Chartered Bank of India, Australia and China.
Cashier
"N.3--This receipt, when returned to the applicant must be "ruseman, and it accompanied by receipt for ti e smonnt du en
alletwitt, wil le celerged in Ene course for mati lisata.