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PRICES from $49.50

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THE RONGKONG DAILY PRESS. TUESDAY, JUNE 17TH, 1918.

S. Montrie & Co., Ltd.,

Exclusive Agents..

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The "EL PALACIO" CIGARS

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THE EGYPTIAN FAVOURITES

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Sole Agents:

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THE

CORONET

Presents

AMBASSADOR JAMES W. GERARD'S

MY FOUR YEARS IN

GERMANY'

FOR

TWO

NIGHTS

Prices

SILVER FLUCTUATION. EXPLANATION OFFERED.

Bar silver has fluctuated considerablý iately and has exerted a disquieting in- dence on the market in the East. In May's review of the commercial and finan-' cial situation the National City Bank gives an interesting account and predic

tion of the bar silver situation

It anys:

SHIPBUILDING."

GREAT GROWTH OF FOREIGN FIGURES.

BACIAL PREJUDICE AND ITS REMEDY. LECTURE BY DR. GORDON MUNRO

CANTON NEWS.

BY OUR CHINESE CORRESPONDENT. ]'

CANTON, June 16th, On "May 17th, Dr. Gurdan Munro le THE SITEATION IN KWANOTUNG.

Commander Lam-fu, who has been tured before the Historical Society of

The total amount of merchant shipping under construction in British. Allied. Associated, and Neutral countries at the Kyoto University, dealing with the sub-appointed Defence Commissioner of Shiu- from the direction of Samshui and Yeung- end of March was 7.796.250 tons, accord-ieet of Racial Prejudice from its scientific hing, is leading his forces to Shiu-hing ing to the returns of Lloyd's Register, and philosophie points of view. Dr. Of this amount 2,954,545 tons were, under Munro remarked that when two notes of kong. Lam reported his arrival at Sam. "The Treasury statement of monetary construction in the United Kingdom and music are strongly sounded on a violin or shui on the lith inst., and proceeded to

organ, a third note becomes audible to Shiu-bing the same day.

The Tuchun. has sent · Yau Wai- circulation indicates that approximately 8,311,41 tons were building abroad. 200,000,000 of silver dollars have been

The tonnage building in the United the attentive listener, the so-called Tartini

tope. This interpolated and formerly | nam to Shin-hing to re-organise the Shin- melted since the Pitman ace inaugurating Kingdom included sex steel steamers of this policy went into effect about a year 3.000,816 tons, 30 ferro-concrete barges of mysterious tone is now known to be a kind hing troops. Before the dispatch of the ago. This ballion has gone to India and $7.360 tons, one motor vessel of 200 tons of missing link between the two tones rendered a great service in meeting the and 49. steel sailing ships of 32,306, tons. trade balance which has existed in favor The total amount of tonnage under con actually sounded, for it contains a nun- of that country, and in enabling the struction at the end of March exceeded by ber of vibrations representing the differ. government there to supply the increased about 975,000 tons that in hand at the demands of the population for silver coin end, of the Deccriber quarter, and was ence between those of the two notes actu in circulation. The high prices of war more by about 35,000 tons than that ally produced. Here nature seemed to be time and the great demand for Inding building 12 months ago. In numbers the laying bare a secret of disparity and at products increased the trade balance, and vessels under construction exceeded by the same time hinting that disparity can the high prices and internal trade activi-3 those building at the end of December. be reconciled if the parties

difference will lead themselves to media- ty also increased the requirements for and by 959 those under construction a

tion. money in circulation. The British cam-year ago. paign in Mesopotamia, carried on mainly The work in hand in each of the prin- with Indian troops, also made a demand cipal shipbuilding districts of the United for silver rupees which have entered into Kingdom was as follows: The Clyde, circulation in that region. The rupee is 131,000 tons, the Tyne, 434,000 tons, the reaching a wide circulation outside of Wear, 930,000 tons, the Tres, 224.000 tons. India It has been for years in use oo and Belfast und Londonderry, 317,000 the East Coast of Africa and has lately tons. been made a legal tender in Egypt.

-SITUATION IN INDIA,

-}

LARGE SHIPS ENDER: CONSTRUCTION. Although only five vessels of over 10.000 tons were launched in the United King dom during the whole of last year. there were, on March 31st, last. four vessels of between 10,000 and 12.000 tons under con struction, eight of between 12,000 and 14,000 tons, six of between 15,000 and 20,000 tons, and four of between 90.000 and 25.000 tons.

Ouring the past quarter work on 109 steamers of 421.570 tons was started, and steamers of 203,960 tons were launch

THE AMERICAN INCREASE, "

to the

Canton forces the Tuchun consulted the leaders. Commander Lamm Po-rik, "and others who do not wish to see a recurrence of the recent troubles assured the Tuchan. that they would not do more than prevent any appeal to force. Lam Po-yik announced that the officers and the staffs of the 1st

Squadron will not cooperate with Any party, and will fight against the party Dr. Munro did not claim ability to that causes trouble £fat. Lam Po-vik has represent an efficient mediating tone

also sent gunboats to Samahui and Shịu, between the discrepant notes of racial dis

of the parity now sounding so noisily in the hing to watch the movements world. But he came before them as one

Canton forces and the Shiu-hing troops. who bad EIVED

little attention to physical and mental traits of mankind, From this it appears that the crisis has one who loved humanity and found been tided over, and that Sighting is not no essential or serious difference between man and man. With real disparity.

to the ques- likely to occur. ton of

physical and embittered feeling was caused, not merely by the unquestionable fact that all indivi- duals and some groups of individuals were somehow unlike each other, but because this unlikeness was supposed to imply inferiority or superiority on one side or the, other.

COLOUR AND CHARACTERISTICS.

that

Reports from Shin-hing state the ex-Civil Governor Li Yew-bor, who had previously come back to Ship-bing, left Shin-hing on the 13th inst., baring learnt of the Tuchua's intention to arrest him. Most of the Shin-hing troops have evacuated the place.

Other reports state that the guards of the Sunning Railway have been demobilis ed as they were Shiu-hing troops. Shiu hing troops in other places were dis armed and these in Canton who are under the command of the Civil Governor, Chak Wong, are being strictly watched. THE CIVIL GOVERNOR..

This expanding demand drew down the rupee reserves of the Indian govern- ment in the early part of 1918 until the situation was serious. The amount of paper rupees in circulation was increns ed, but paper meney has never been ponular in the interior districts, and the attempt to force the circulation placed the notes at a discount. At this point the Pitman act was passed nuthorizing the Secretary of the Treasury to dispose of

Considering the question of colour, the silver dollars held in the Treasury re

lecturer pointed out that nothing more clearly revealed the immaturity of serves up to 350,000,000 st $1.00 per ounced.

civilisation than the common notion that a corresponding amount of silver carti,

absence of skin colour meant an absence ficates to be withdrawn from circulation Of the tonnag, building abroad 15 per of inferiority, whatever the darkness or vileness lay under and replaced with Federal reserve notes

Nothing

The Civil Governor, Chak Wong, who or 4, 185.593 tons were building fit. of small denominations. This made avail- gent..

In the British gnoranes more that the arrogant assump also the Chief Commander of the Shid- able a stock of silver bullion high could in the United States.

pigmentation of the skin brands hing troope, is very much excited by the Dominions, including the Great Lakes tion have been procure nowhere else, and re-canada, a33,098 tons were building, in its owner with obscurity of moral percep Tuchun's intention to distribute the Shiu- lieved the Indian situation.

The action practically fixed the pries Japan 23,833 tons, and in Holland tion, or darkened intellect, or in any way bing troops in different places. Chak has implies the co-existence of inferior physi-announced that Li Yew-ho cannot be of silver at a minimum of 81 00 per cunce. 152 308 ton",

cal traits. Here we have to deal not only regarded as having any connection with and the Treasury later fixed the prie Il the figures for the end of Mar 14 with ignorance and the prejudice arising this officia hapa, u be no longer

holda of bar silver at 1.01) and tou. the entire compared with those for June 30th. 1814, wit

from it but with

up-surgings of the prior

Chak made up his export trade under control. The produce the last quarterly period before tire war, tive ancestor within us, reviving the to resign the Ciril Governorship and the and justice Commandership of the Shit-bing troops, in tion of silver in the United States last it is shown.. that an enormous increase savage conceit that equale all exhibiconsequence of the Tuchun's action, which year was about 70.000.000 ounces, and im has taken place in shipbuilding abroad. are confined to the tribe.

that of classification prejudice, the porta, mainly from Macao and Canada, While the figures for the United Kingdom tions of stricted the consumption of silverware before the war, the torinage building It does not realise that the pristine manufacturers to 15 per cent. of the broad has increased by more than precursors of man were necessarily colour normal business, but in fact their busi-4,000,000 tons. The increase is really ed, though probably less than the Negroid nese fell to about du per cent of normal greater than is shown in these agares type which ranges the tropics from the In the early part of the year considerable since the foreign figures for June, 1014, Guinea Coast of Africa to the Melanesian silver went to China but was resold to included 640.000 tons building in Ger Archipelago. It takes no account of the

rise of man by change of India. where the demand was insatiable, many and Austria, while the present re-

parts of world, due to the exclusion of sunlight ceptibly since the armistice was signed, great development due to the war in from the Feneral surface of the body by and herding in caves and for several reasons. Victory in the war American shipbuilding is indicated by skin has had an effect upon boarding, busines the fact that tonnage under construction underground, and roof

roofed shelters. during activity has slackened, and exports have in the United States is more than 28 times the frigid winters and raw IDDERS OF THE DEPORTATION OF ANEXY BEBJECTA. fallen off. Crops are not so good this the amount building there in June, 2014. Glacial Europe.. year and the Government has put an At the end of June, 1014. the new ton-ignorance is excusable, but few

nage under the embargo upon exports of wheat.

1,565,337 tors, modern civilisation was founded and in "When the urgent demand for silver is Register amounted to over, importations will have to continue which was considered a very large figure, great part erected by coloured folk. Our in large amounts, particularly if ship-but the present total is not less than art, science, and philosophy were funda ments of gold to India, which were large 4.507.615 tons, an increase of 150 per rent mentally created by the brunette and swar thier people of Chaldea, Egypt, India, before the war, are not resumed. As geld on the 1914 tonnage.

and the Mediterranean region, culminat will be in strong demand elsewhere, it seems probable that the burden of settle-

ing in the master culture of Greece and its quickening

ning influence on the thought ment with India will remain upon silver.

of Italy. During the Cark ages of white

when

minds were

by

enco.com ounces.

Chak says is a reflection on him.

It is reported that the Treasurer, Yeang'

The Government re- are about 500,000 tons higber than those by skin colour is illogical and inconsist Wing-tai, will be appointed as Chak's

ent.

successor.

THE FANTAN KONOPOLY,

"The Indian demand has lessened peritur do'not include enemy country. The subsequent bleaching in cate and his } Li Yew-bon has great interests in "the

FUTURE UNCERTAIN.

survey

01

Such anthrow person F

We learn from a reliable source that the authorities,,in view of the fact that syndicate running the Fantan monopoly in Canton, propose to cancel the agree ment with the syndicate and to hand over the monpoly to other merchanta under official supervision.

Referring to the deportation of enemy

of Lloyd's of ordinary education are unaware that subjects in the Province, the Director of

THE CLYDE OUTPET IN APRIL.

The Clyde shipbuilding output for April is the highest recorded for the month except for April, 1913 when the "Whether this government will con-Aquitania sad Culyaring were launched.

tion and t tinue to dispose of silver dollars up to The past month's output amounts to 34 power, Arabian civilisation preserved the the full amount fixed by the Pitman act, vessels, with an aggregate tonnage of gains of intellectual thought from

priestly

daved

and

hope-

the Deportation Bureau has reported that Us were deported altogether. The Bureau was closed on June 1st by order of the Military Government,

CIGARETTE SMOKING IN

CHINA.

SOME ARRESTING FIGURES. Mr. H. Y. Lee, MA, barrister-in-law,

so long as the price of silver remains 85,774. In April, 1913, the figures were less disintegration. Ces in the delivered, an address on cigarette smoking"

above $1.00 per ounce, bae not been stated. 27 launches. with a total of tonnage of There is no reason why it should not do 119,303. The next highest output for the so. The Federal Reserve notes are us month was in April, 1912, when 32 vessels satisfactory as silver certificates in cir were launched, aggregating 63,764 tons. culation, and the silver dollars were dead. The cutput fer the four months to date capital in the Treasury vaults. More is 88 vesela of 163,455 tons. The output over, as the Pitman act, contemplates that for the year to date has been steadily the Secretary of the Treasury shall re-progressive, and prospects indicate that place the silver dollars whenever silver be Clyde will soon Teach a higher bullion can be purchased at $1.00 per standard than in pre-war days.

ounce, the melting of dollars creates deferred demand for silver at that price which will stabilize the market until the meltings are made good. It would seem to be good policy therefore to dispose of the full $380,000,000 if the market will take that amount at the price.

OMSK GOVERNMENT'S FINANCIAL CONDITION. SPECIAL FOREIGN CURRENCY FUND.

owes. its.

COMMON ANCESTET OF ALL HUMAN BEINGA.

momentum to pioneer Mediterranean area, to minds open to at the Y.M.C.A. of Canton, on Saturday humanity hbred within coloured last.

He said that the Chinese people who adhere to the tradi- tional accounts of Christianity must be are spending at the present time, în a lieve that the founder and his disciples were of dark complexion. The sublimeingie year, about 880,000,000 to $80,000.com monism of ancient India, the saving grace on cigarettes. of future humanity, came from a people "The significance of these figures," he bronzed by the sun, but bright in soul. Yet colour is a stigma of inferiority! In remarked, can best be appreciated if we India there is every kind of human stock, compare them with other items in our just as in Europe, where there is also national budget. To put the matter con- nearly every shade of colour.

cretely, cigarette smokers spend in single year about one-fourth the amount spent by the Chinese Government exclud- Bumming up the data ascertained by ing extraordinary expenditure, or about anthropologists, it is undeniable that all half the amount which China apends on "The production of silver in this coun-

human stocks have a common ancestry, maintaining the Chinese army; they pay try is mainly as a by-product from cop-

Batisfactory information has been that all are intermixed, are hybrids and out annually about three times the entire per and lead ores, and as the demand for

the descendants of hybrids. The Eseum D cost of the Chinese Navy and twice the these metals has fallen off the produc- received concerning the financial policy tion that hybride are infertile or inferior cost of the Canton-Kowloon Hailway: tion of silver has declined also. The pro balance of the State Bank, which w's only that mankind has evolved and has

of the Oak Government.

spend about five times more than the duction of the world in 1913 was about!

reached present status through bybridity. It "chews" cost them 224,900,000 ounces and last year probably 213,000,000 roubles when the Bolshevist ita

about two- or thirds what China about 180,000,000 ounces. The production control was overthrown in Siberia last would be

gets from land taz CDL of

has produced some four-fifths from customs revenue and more of Mexico may be increased, but that of summer, has been increased more than international to show that intertribal or

of the greatest

the world.

than half from salt tax revenue. If the Canada has latterly been declining: On sevenfold. The new paper issue plán, the whole the outlook for the silver pro strictly co-ordinated with the Snancial Humanity is not a jumble of mere hetero- Chinese people could save the money they ducers is more encouraging than for position, has only been utilized to helt geneous characters but, an interwoven pro spend on cigarettes and hand over and ences fame to the Chinese Government, China in individuals can never be entirely and silver reserve of the Oak Govern

for ali are diverse expressions

ssions in five years or the Boxer Outbreak ment is being increased through the pro-

Thought. But grouped differ- lndemnity in ten years. With one year' duction of precious metals in Biberia. of

tend to level up as the tide saving from cigarettes, they could build special attention being given to platinum, en

ences

intercourse

our two and a half dreadnoughts or five which is a Government monopoly and is of evolution conduces to closer being disposed of largely by the Governed differences are but as islands in a sea,

and further miscegenation. These battle-cruisers, or numerous smaller craft

стопр

or a fleet of ships of an aggregate of inent

Reliable information has been received connected inseparably beneath its surface to appear in due course The Directors of the Nippon Yusen that the Bolshevists have only been able as

is far from civilised.

Is

The cash is triumphantly controverted by the fact of Education. Their smokes

just

many years. The price can hardly fall the extent originally proposed, The gold duct of evolution: the present differences could pay off the Japanese war indemniy

below $1 per qunce for a good many years, and there is a fair probability that with a removal of control it may go higher."

N.Y.K. DIVIDEND.

200,000 to 300,000 tons or 500 to 600 miles

Kaisha bave decided to pay a dividend to appropriate about one-seventh of

the seat 2 levation.

For the pre-number of universities or colleges. ar

We

of railways or a big national bank or & workshops or docks or munition works or provide an army of several hundred thousand men."

Mr. Lee urged the Chinese people to economical as well as from & moral, physical, intellectual and political point

at the rate of 50 per cent for the first Bussian State Gold fund, the greater are all fill in the state of savagery, with half of the present fiscal year, from part of which is in the hands of the Omsk the prejudices of the savage covered by of civilians October, 1918, to, March, 1913 Compared Government, while a smaller portion is no more than an incipient coat of with the previous year, the net profit of deposited abroad, partly as the result of tion. All nations still see humanity af abstain from cigarette smoking roo the last term was decreased by about financial transactions during the war and in a glass, darkly. All nations and in

dividuals perceive difference more than 18,000,000 you, but the Company possessed partly through the surrender to the Allies & reserve fund of 200,000,000 yen. The by the Germans of the gold received by the real unity underlying it. earnings and dividends of the Company them from the Bolshevista. since 1915 are assunder :-

per

dividend pent, 1,100,000 (10 1,650,00016 8,014,000 1,638,000-20 17,244,000 3,850,000

MORE

1916 first half last

profit 2,388,000 5,345,000

1918 first

last

27

M

1917 first,

last... 1918 first Inst 1919 Erst

at 5.15 and 9.15 p.m.

$1.00 & 60 cents 5.15 pm 9.15 pm. $2.00 & 81.00

Booking for 9.15 p.m. at ROBINSON'S.

38

40 50

10,817,000 8,560,000 18,983,000 47,190,000 33,828,000. 8,398,000 50 52,683,000% 16,794,000 60 31,588,000 14,500,000 30

Tetal.....200,000,000 $1,818,000

All peoples

indulge in racial prejudice, the Japanese not at all excepted. It is only by fuller knowledge of our essential unity that this arrogant and pernicious, discrimination will cease to afflict mankind.

The collection of taxes has increased twelvefold in Bibería, compared with the corresponding period of last year.

With a view to improving the value of the rouble, apart from foreign export operations (the scheme for which has been nublished) the Omsk Government has idertaken (in addition to the with

Thus, notwithstanding the general con- drawal of the 20 and 40 rouble "Kerendition of crisis in the Russian financial ky" notes the constitution of a special market and the vast expenditure neces foreign currency fund. with the assistsitated by military operations, reconstruc- ance of foreign banks and under the tion, etc., the restoration of financial guarantee of special metallic resources set balance is being steadily approached aside for that purpose. |

without awaiting the resources of Euro (Continued at fønt of next column) pean Rumia.--Fechange.

of view.

HONGKONG POLICE RESERVE.

ORDERS ISSUED BY MIL J, W. FRANKS, D.B.P. (RESERVE).

BEARCH SUPERVISIONE.

2.

Juse 20th to June 28th-inclusive-No. June 29th to Jaly Sist-inclusive-No. 2

Platoon.jp Company

July 22nd to July 20th-inclusive-No. 7

Platoon. *

Hongkong, June 18th, 1919.

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