Page
INTIMATIONS
NEW WEBER
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MODEL
THE HONGKONG DAILY PRESS, TUESDAY, APRIL 2ND, 1915.
PIANOS
Artistic in finish, and combine.
perfection of touch with un- equalled quality of tone.
DISCOUNT ALLOWED FOR CASH.
MOUTRIE'S
SOLE · AGENTS.
[26-9
Stop and Consider about Summer UNDERWEAR
MORAL CODE IN INDUSTRY
AN EMPLOYEN'S VIEWS.
LIMITATION" OF TROFITS:
An interesting sintement on some of
HONGKONG AND NEW TERRI TORIES EVANGELIZATION SOCIETY.
ANNUAL MEETING,
The Linual meeting of the Hongkong
COMPANY MEETING. BRITISH AMERICAN TOBACCO CO.
ANNUAL GENERAL MEETING,
At the 15th annual general meeting of
THE DEVELOPMENT OF CHINA AMERICAN MINISTER IN SHANGHAI
Speaking at a titin given in his honbur at the Carlton-Cafe, Shangtrii, on March
the problems which confront modern in and New Territories Evangelization dustry and a number of buld suggestions Society was held at the Union Church for dealing with them were made in the Hall on March 27th, when an unusually James Watt Anniversary Lecture for large gathering assembled to receive the 1819 delivery at Greenock by Mr. W. La report and balance sheet for the year Hichons, chairman of Messrs. Cammell, Laird & Co. (Limited): He called for the recognition of industry as primarily ▲ national service in which private gain should be subordinated to public good, and recommended that the principle of the profite tax should be retained after viewed the work of the last twelve month other organizations, and the Company's Allied nations that are now fighting
the British-American Tobacco Company 28th, the Hon. Paul B. Reinsch, American at Westminster, on January 24th, Minister to Peking, said that even while Jeseph Hood, the Chairman, said this great struggle is in progress to day will notice from the Directors Report on the continent of Europe, it is fittines that the output of the Company's goods that we should strengthen our purpose for has largely increased during the financial what is to follow after the war, for we The report presented by the Rev. J. year The English factories have been need not fear that the struggle in Europe. Kirk
of the Union principally engaged in sujos have been need not
is to wreak the world. The world will Church and president of the Society, was troops abroad through the War Office, stand the shock and there will be room It rethe Navy and Army Canteen Board and left for the peaceful, united efforts of the
Maconachie,
particularly encouraging one.
shoulder to shoulder in maintaining the commercial supremacy of the world.
Even if, as a result of the crucial straggle at this moment being endeted in Europe, the Central Powers should, in
own depots, so much so that about 80.per the war, that the State should have the
at the numerous stations within the sphere cent of our English manufactures reach of the Soctely's activity namely, Yun the Army and Navy We have laid our right of intervention in the settlement of
Long, San Tin, Ta'un Wan, Castle Peak, selves out to give as many supplies a wages, that labour should have an offee Tai Po, Lam Touen, Sheung Shui, unable to turn out anything like the quan possible to the troops, though we are tive voice in determining the general Cheung Chau, and Tai 0. At Yun tity uske of us We came early to the policy and conditions of industry, that Long, which hine always been considered conclusion that the war might be pro- an eight hours day should be established
the chief station of the Society, the pro American factories with the gratifying a temporary continental advantage, the longed, and made additions to our consequence of the Russian situation, guin... as a first instalment towards further
greas of the work has been so great as to result that the output in America is over mastery of the scan remains with tho raductions, and that everything should be render the present building accommoda three times that of the pre-war year. In
(Applause.) And the mastery done by the introduction of improved in utterly insufficient, and a scheme that way we have been enabled to continue Allies. mechanical device, by the provision of has recently been approved by the man supplica of our products throughout of the seas will be the dominant factor in
the world and thus maintain the profits aging committeo whereby the congrega cheap bransport, coal, and motive power, tion will soon become possessed of a which we should not have been able to do the development of the new and by other moans to secure greater church building consistent with their had we depended upon our English will evolve. He expressed extreme hope.
noods At Ts'un Wan, where out of a factories.
fulness of the ultimate, outcome of the and more economical production. In
population of about four thousand some EMPLOYEES AND MILITARY SERVICE, cidentally he suggested, in view of the two hundred are: Christians, the activity I drew your attention last year to the war he could not conceive an end of the lack of co-ordination between Govern and enthusiasm of the congregation are payments we were making to the oficinis struggle by which the Central Powers finding expression in various ways and employes in this country who had could gain anything at all commensurate. ment Departments, that the Labour De-There are already a Sunday school, and joined the Colours and of certain allow- partment only should deal with Jabour various women's classes, and a movement ances to supplement their Army and Navy to the loses that had been inflicted upon Even at the present moment he other interesting, though minor, station
could not is Cheung Chan, or Dumb-hell Island additional employés who have joined the foroes, now numboring in all between Here there is no official salaried preacher, 2,000 and 3,000, these payments have the enemy is making his supreme effort, but the Sunday services are kept going naturally increased. We are glad to be bat our lines will
new world that
questions, and that a Cabinet should Loon foot to establish a dispensary. An pay and allowances. By reason of the the sea any mason for despondency
defeat.
formed distinct from but subordinate to the War Cabinet, with a president whose
speak in turn. These zealous men also administration of domestic policy.
proclaim publicly the Gospel of Christce with your entire approval. Since
Referring to conditions in the Philip Mr. Hichem said that since the out throughout, the weak in the rented build our last heeting America bus joined the
war on the side of the Allies. That has pine Islands, From which he has inst
business it should be to co-ordinate the by four members of the congregation, whoable to make them, and I know that they the enemy will sold, and the, cost, to-
If you could but realise market con his been
ditions as they are now you would
purchase your underwear from
MACKINTOSH'S
without
delay.
The large selection to be seen there.
are all dependable, and as to the price,
at the figure we ask you to pay.
TINAT AZ
LTD..
& CO1T
Men's Wear Specialists,
Telephone 28.
[zes
16, DES VIEUX ROAD.
MINERVA
CIGAR FACTORY.
LA
MINISTROS
CIGARS.
in boxes of 25.
The great care excised in the choice of each single leat makes, these Cigars beyond all doubt the most perfect ever produced.
84 per box duty paid. R
had advanced by leaps and bounds, and have moves who are fighting for the coprican, he thought, who luad recently.
the report and balance-shect accepted by the
and
Kai Tak
mon cause, and again we are glad to make visited the Philippines could have left
tervention of America
the H. A being hot the payments We all hope that the in: without feeling pride in what had been
bren addresses Mr
Luk
now after many years we were back at theStato regulation policy of Elizabethan ord. For the past 400 years whose remarks were interpreted by un carly and victurion will ensure an accomplished there. The work done had certainly been admirable, a work unex Helical after another Wells, of the London Missionary Seciaty. We have to mourn the loss of a concelled in the annals of colonial achieve we had tried one expedient
State control of wages and prices, co- The speakers referred to the difficulties giderable number of our employer during ment. The islands had been raised to the operative guilds, the home industries vys experienced by them when the work was the yaar. The reath-roll has now reached American standard of things, which tem, economic industrialism only to end started some fourteen years ago, and the large total of 233 as compared with meant nothing less than the transferring
the dwelt upon the way in which they had 111 a year agogia a park where we began But the fact that th
of a people to a totally different channel.. experiments failed in the past was 00 been led and their efforts blessed over I'd show the gallantry, and courage of of thought, and activity.
dence that they would not succeed to since Sung, who is the Bible woman at age decorations had been given to ricana is on an excellent basis of friend poken our people, I may say that, whilst a year The feeling between Filipinos and Ante day. Might it not be that the solution Tua Wan, and has spoken at the annual them, they now number 80, and inchide liness and co-operation. The people were of the industrial problem lay beyond mera intellectual and legal formule, Loyond all meeting for overal years, bore witness to Military Cross 23, Military Medal, 28; prosperous and antisfied. The work dono
in the Philippines would be interesting.
f
or two ago
fartuarying and 510
After the war there must be a greater,
tion would be mide less intense.
18:
On
Popula
The
it is doubtful if we could buy to-day reconomic dawa and doctrines, and depend. the remarkable religious activity prevail DC.H., 9; Croix de Guerre, 3; Servial to China, as the islands are as a bridge cd on our attitude towards social existing ut, her station, where the Church Gold Medal 13 Legion of Honour, between China and America. There was ence in plain terms, our moral codel members were endeavouring to become Belgian Military Medal, Crown of
The god of industry (Mr. Hichens.com that while a year or tires and Threadaspatele need in China for the tropical products. tury 18 the golden calf, and an firesun Wan Christigas cold have bood employes are known to be prisoners of war islands 9th and the Chinese in the stricted semble for the good things of likened unto sin dried mud bricks, they in fermany, and to them we regularly. cessful. this world was what they set before each now more closely resembled hard-burnt send parcels of food and tobacco. During closer relationship between the countries individual da the law of life. Buch a clay bricks quaint simile that delight the year we have had the pleasure of con of the torrid and temperate climatca: doctrine strikes at the root of the socialed the audience.
gratulating one of our directors upon both sides of the world, and as a result organism. The higher and more elaborate A
new and pleasing feature of the the
meet the fact that the King has conferred upon of the war the peoples would be drawn our civilization bucuruci, the greater musting won the presence of the recently hits the dignity of a baronetey I refer closer together in a lasting unity that needs be the solidarity that welds it toge who contributed an appropriato musical is devoting his time and energies to the ing xonomic principles and processes.
formed Young People's Missionary Band. to Colonel Sir Arthur Churchman, w ther, the completer the subordination of
who would give rise to policies of coordinat individual to the community.
No item.
The Rev. J. Kirk Maconachie control of an important Government The countries now fighting shoulder to man can servo two mastera He cannot brought the proceedings to a close after department serve himself and the community. He the gathering had listened to an address
shoulder would, after the war continue to BALANCE SHEET FIGURES, cam only serve himself by serving the comfrom Mr. Wells, the inperintending mis
pect their interests to an even greater munity, and this is surely the only sound story who has recently returned from man went through the various assets and
Turning to the balance sheet, the Chair-extent the long The
One fact brought out by the war foundation on which industry can refurlough
pointed out that the stocks af loaf, manu If we are over to solve the great industrial
ingly was
the factured goods, and waterials, amounted supply must be added to and the use of world-importance of problem, it can only be by recognizing
supply and its husbanding. This that industry is primarily a nation (3.)-The workers are clearly entitled amounted to $1,002,513, the total, nesta such a tiegree that the pressure of
MALI PO 2 to 50,501,487, which showed an increase substitutes studied and understood to yaged in it is first and foremost the good general conditions under which their the directors recommended a final tropics, and the undeveloped régions of service, and that the object of those eit to have an effective voice in regard to the amounted to 421,562,513. of the community as a whole. No sensible work is carried on. The general accept dividend of 6 per cent. on the Ordinary Chinn, are great reservoirs of food supply. man would
suggest that all opportunity ance of the proposals for joint industrial shares, five from British Income-fax as yet untapped, and it was of interna for individual profit should be taken councils suggested in the Whitley Report (the tax being paid direct by the com- tional importance and interest that these away by legislation. It is only suggest is good evidence that pablic opinion will papy) and after referring to the reasons that the good of the individual shoul support the demand of labour for arm which influenced the directors in hot served. come after not before the good of the proved status. and special time rutes Chairman said AE be made a common graung for future
supplies should be developed and
.con. nity where the two conflict.
The responsibility for recommending a larger dividend, the thinks of making his pile by all the should rest not on individual firms but If we can secure the necessary leaf activities along lines
axing: picco ratos
It is particularly needful that China means that economia individualism allows," if class bands itself against class, the district councils linked up with and materials and the transport to enable fal to China as well as to the developers. that would be help volade
union against employers feder bodies should also determine the general rations to the full, we may look forward, principle that will protect China, and her
joint industrial Council
These us to continue our manufacturing ope. There must be a veneral agitement in tion, firm against firm, to secure the policy and conditions of industry, but when the horizon is a little clearer, to needs, by the concentration of greatest share of the world's goods in un subject to this each business should he or 181 blake capital, individually and collectively. restricted competition, social life must ganized on whatever lines seems best to Finevitably break down and anarchy reign those responsible for its direction muur distribution more commensurate with Wrist one country does for China accrues.
supreme PRACTICAL STEPS ployers should further retain the right
the earnings of the Company."
for the all to
China as a field for fruitful enterprise, The lecturer went on to indicate sewe selt their own employee, bat they, as the resolution was put to the meeting of the practical steps in the application lic, should contribute to
workers and the general pub
and carried ananimously.
continued the speaker, is unlimited. If of this principle to industrial problems ennemployment insurance benefit.
vident all the railways and drainage systems widel 2
extend of to-day
The following were his chief (4) The first step on the return of RATES FOR MONEY IN 1917 is any more. If the lands in this coun- planned and projected were completed 'points:
there would still be room and need for (1)-No business is entitled to make eight hours day as first instalment pence should be the establishment of an unlimited profits. Labour, the entre towards still further reductions if
try could be developed as such lande tre developed in western countries China preneur class, expital, and the consumer
experi are all partners in the business of the ence shows that this is: possible consistent
At the annual meeting of the National tion, and the world would heave a sigh
Could
support double the present popula comununity, and no ono class is entitled enge
ly with the requirements of civilized exist.
Discount Company, Mr. S. F. Mend of relief, for it would demonstrate that to benefit unduly at the expense of, in marker who has been with a arm a whole had again shown a remarkable contrast doubled the world had been
It should be arranged that each observed that the financial history of 117 the capacity of other. The principle of the profits tax year and has kept good time should be to that of the previous war years It Mr. Thomas Sammons, should, therefore, be retained after the given a holiday on full pay. The distine had been a humdruzi year from a financial sul-fieneral, said that recently he had war. Tho present tax, of course, was intion between a strike and a holiday should point of view: The year 1916 was one of occasion to prepare a report on the trade
American tended as a temporary measure, and be more marked than it is now.
Con standard of profits based on pre-war earn
abnormally high rates following a year of Shanghai for 1017 and he bad found inga is quite unsuited to permanent condi. Those reforms will require large of abnormally low rates; the year 1917 that this totalled in the neighbourhood tions: It would be necessary to fix Tittle
money, and will, moreover be of had been one of moderate rates and had of 100,000,000, or rougun This was standard rate of interest for the capital of wages is established. We shall not been a fair margin between rates for more than Balf of
Or no avail unless a high standard pursued an unruffled course. There had ber of
that num- invested in each class of trade or in be able to meet the bill unless we can money and rates for bills He ventured China, whereas in former years the trade
American dollars proportion (I suggest a efect drastic economies in production and to think that those facts were in them of Shanghai had averaged 40 to 45 per be entire trade of substantial ons) of any excess profits over largely increase compost amor Selve considerable evidence of the financent can the that standard should accrue to the State in this prontom is the prevention of cial strength of the country. If he might teresting to note that, dec In any such scheme it would be necessary strikes, another the abandonment of the single out one feature of the year 1917 to the Tls. 100.000.000 trade of Shanghai was Pas in to provide that adequate allowances are policy of restricting output of "slow distinguish it from previous war years, greater than that of any other one na that, America's share în made for depreciation and for reserves timing to secure the stability and development which will continue unless it is made credit of the
and indifferent workmanship it was the gradual restoration of the ion as a result of wartime conditiona of business
country to a 5 per cent. When trade with European countries Bad (B)-It follows that the reward of clear that industry run for the benefit basis, exemplified by the labour must in the last resort also be of the whole community and not for the present time the name fact that at the heen diverted to the United States
per cent enrichment of certain classes) a third bonds were being sold in considerable by the State representing the feetor is the substitution of up-to-date amounts and that the end of the year community. Labour has no more right machinery for old and the extension of saw a reduction of the rate on Treasury than capital to make a corner in its own labour saving devices and others are Bills to 4 per cent. The discount rates commodity and hold the community up cheap transport simple and chear in January, 1917, averaged little over to ransom. In practice it is clear that methods of land transfer, and cheap coal 5 per cent., in March they were the tendency will develop for wager to be and motive power. Wasteful competition about 6 per out, in April they dropped naked Japan for a supply of 500,000 tons settled by joint industrial boards repre-should be eliminater by greater standart to a little over 4 per cent they then of shipping, apart from the question of senting employers and workers organization of tynes and
cognize that a large section of the prosperity far in excess of what has goos Treasury Bills The average rat call State must have the right of intervention lies in our power to realize a material owing to the reduction of the rate on received by it. Jap the company, 0
allusion to exploit the community, the
out to the event of disagreement, solling combinations the promotion of burete They remainos, Mariscal, at which exchanging, aparees, bennige for a sup rate they practically constant ply of American shipbuilding materiais, halieve, acted Mr. Fichens
that it to the end of December, when they fell is corroborated by a New York dispatch munity is not preuared today to seca before, at a far smaller expenditure of terest, on deposits Tast year was for call tons of
reported that of the 500,000 the principle of State intervention, effort and without the crutches of is pro money, £4 28, 7d per cent, against £4 28. 9l Government will charter 200.000 tons
vessels asked for the Japanese Trecognize also that unless it appeals tective tarill Bat on tinkering when per cent. in 1916, and at notice, £478. Great Britain and 100,000 tons of the the moral judgment of the great maiorit piecemeal reborn will avail. The light 7d per cent, against £4 95. Od per cent, United States by requisitioning the neces of the nation it cannot be enforced, at must be let u op all dark plays at once, in 1918; and the average rate of discount sary vessels from Japanese owners. The ought not to be enforced. The important the muddy pools of class selfishness must for the year was £4 15s. 70 per cent reported proposal of the Government to thing to day is that the verdict of public he cleanse the Felf sacrifice of our sol against £5 48. Bd per cent, in 1815, and requisition vessels and regulate freight Kopinion should be sought
fiers and sailors must find its counterpart was evidence, he thought, of the financial rates is already affecting the shipping (Continued at foot of neat Column.)
in our industrial life.
strength which this country was showing. market-Japan Chronicle.
LANE, CRAWFORD & CO.,
*ZATO
AGENTS IN HONGKONG AND SOUTH CHINA
[1861
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For further information, rates, literature, Telephone 141 COMPANY'S OFFICE in Alexander Buildings, Chater Road
schedules, end
and
of
AND 1916.
SUPPLY OF JAPANESE TONNAGE
TO THE ALLIES The report that the United States has
to