THE HONGKONG DAILY PRESS,
COMPLETE CHANGE OF PROGRAMME
TO-NIGHT
THE GLOBE
GLOBE TROTTERS"
V
ARE GIVING AT THE VICTORIA THEATRE TO-NIGHT AN ENFIRE CHANGE OF PROGRAMME. YOU CANNOT AFFORD TO MISS TUIS AS IT IS FAR SUPERIOR TO. THE FIRST PROGRAMME. THE LAST FEW NIGHTS. NOTE THE REDUCED PRICES: $2, $1 & 50 cents. BOOKING AT ANDERSON'S.
queur Scots Wes
HAIG & HAR
Draw the Cork and
Haig & Haig Five Stars Scots Whisky will sing its own praises.
The quantity is limited, The quality is rare. You cannot get it
everywhere:
101
The Unspoken Compliment
People of good taste feel that the quality of the Whisky they drink or offer to their friends should reflect favourably upon their judgment. No advertisement can do justice to this matchless Whisky. Draw the cork and the "Whisky will sing its own praises.
Haig &Haig Five Stars Scots Whisky
Place your orders in advance and make as sure as you can of getting your supply.
DISTRIBUTING AGENT
DONNELLY & WHYTE, HONGKONG
FOR
NERVOUS EXHAUSTION
We are
giving away free
WISEMAN, LTD.
LOSS
MEMORY
BAN DEBILITY
*AE
fue the
REAVES
CHAPOTEAUT'S PHOSPHO-CLYGERATE, OF LIME
It increases vital energy and nerve forca, cures Voorzetkenlä, Dyapansin, iammais, and kɩrebze diaraies in adulti and children.
IN CAPSULES, IN WWE, AND IN SYRUP
"HE NEW FRENCH REMEDY.
APION NO. 1 APION NO. 2 HONNO 3
ABION
“starck,... No. E for deed
PONY Elara, la Du,
TRIBUTION
151
LAST YEAR SEEDS
to make room.
for
NEW SEASON
SEEDS
expected shortly. GRACA & co.
No. 10, WYNDHAM STREET, HONGKONG.
P.O. Box 90
JUST ARRIVED!
CADBURY'S
and
FRY'S
CHOCOLATES
also.
173 ORANGE
HALF A CENTURY REPUTATIONS
~PTLLS—FOR-- THI" | LIVER & KIENETİ invaluable for disesses of them important organs Gravel, Pain the Back, Gout, Eheamazlami, a Price 35, leading Chemists, or post free. D. L CLI ME, ÚI, HIVIERTOJE, NW, London, EssLAND. Depots Paris, 11, Ber CASTIGLIONE; New York, 90, BEKMAN SYREST: "Joronto, Lamaze Lap Australia Fro Sydney and Erabane: Nw Zealand Daue Lim, Ancklund, Christchurch, Punedin, Wallirw taa; India, B, X, Paul & Co, Caleitta
DELE CLERC'SE
BLOSSOM
HUPSDAY SEPTEMBER 4Tя. 1919.
THE EXCESS PROFITS TAX. DISCUSSION IN THE COMMONS.
When the House of Commons went into Limmitter unerbe Finance Hill, on Fuly
13th.
Mr. Lockerstampon moved an amendment to Clause 24 providing that any excess profits" daty which hath been paid should Be refunded where it was shown that, in the whole perind of dura- tion of the tax, excess proâts had not. in fact, been earned.
Mr. A. Chamberlain Chancellor of the Exchequer admitted that the point would have to be dealt with, but the pro * time would he who the tax was Anally wound
11
PRESIDENT WILSON'S SPEECH TO THE SENATE. THE TREATY AND THE LEAGUE.
WANIANOTOS, July 10th. President Wilson in presenting the Cierraany to tha Peace Treaty with Senate, declared that the League of Na tions had become a practical necess and an indispensable instrumentality, for the maintenance of the new order which framers of the Treaty proposed to set then the world. The at that the {1} Covenant of the League of Nations was the to be worked out and agreed upon, ühila the first substantive part of the Treaty all be was in solution, helped to make The the formulation of the rest easier. President then reiterated the ideals for United States entered the war which
in
Describing
The amendment was withdrawn." Sir D. Maclean said, on the quastion that the part played by Americans in
seruring the final victory. the clause should stand part of the the efforts of the Penes Conference to that the excess profits' Lax was one which make the final
freedom, Aud should be strictly confined to the wae right Lasting triumph, he period. It was a tax which was not enn Old entanglements of
every kind ducise to the proper development of stond in the way-promises whi
which the it led い
great extravagance Governments made one another in the There was a unanimous
days when sight and right were confus ker of the Victor"was with out restraint, engagements which
dispositions t
of terr
and
in the entry that war
feeling
411d the
bear an adequate war LX.
ed, and the aud profits ple lanked: to something being fentemplated any don.. fur getting a proper share of the gains of profiteers during the was
ritory and extensions of sovereignty that
1t was
Mr. J. E. Davison opposed the clans seem to be to the interest of thres
who had power to insist uput them had half of the Labour party, I was born entered into without thought of he said, sheer canting hypocrisy to talk what the peuplex concerned might wish about operatien between capital
by, and these could not always Late when ne ponenteral the more bebot
s profits made at the expense of and
not easy to graft new order The during the necessities of the nation. of ideas on the old, and some of the fruits total sams that had been paid or were
of the grafting mas.
I feary
for a tine assessed on excess pronts daty during the
The bitter, but with very few exceptions whole period of the war amounted to in the men who sat with us at the
Flix less as than £1,959,600.000.
table desired
od as sincerely as we did to Sextion was that the Changlor of the get away from the bad influengs, ülexi Exchequer should take the banking timate purposes. and demoralising nabi- acrumet of every person in the Thit tiens of international counsels and ex Kingdom, ant tax him the different patients out of which the sinister designs between the amounts standing to his of Germany had sprung. credit at the beginning and at the end President Wilson did not attempt to
explain the Mr. Rogge said he hoped the House address was al Prater terms, and his wholly devoted ta the would divide against the eique was League of Nations and American join
niquitous that the Government should tign. The President said: ok them to continue the conscription of to be a world-power. The only ques wh t. There ar b The question of our ceas period than the' cun- ing
of the war.
༔|
life for 2 modes. H. did not eation is whether we can refuse the inoral
seription of
defence which the Chancellor of the Exleadership that is offered us, whether
יאן
chaquer could It up against continuing we shall accept or reject the confidence at any rate for the same period that of the world. The war and the Pence the State continued the conscription of Conference have already answered that life the conscription of prifts
After
question, and nothing but our mistaken all, during the war only
30 cent. of
the excres prouts was taken. In his view 100tion can alter it. At the end of
,200, great war every enlightened judgment have been taken demanded that at whatever st aught to per cent.
of ince throughout the war. If they naked as pendant action every Government that for its people, or justice ur a man should give up his work and ordered ability to make more capital, his ability the now purpose utterly to
destroy the might see
the State did ask on the one hand; that took taFreedom, should lend itself
J:
V
ITCHING BURNING
CUTICURA HEALS
On Limbs, Body and Arms. Could Not Do Work.
"I broke out on my fimbe, body, and arms. It came like a red razb
and itched and burned t
T
loes a lot of rest and sleep. it made me feel poorly sa that I could not do my work. Then my head started itch. ing and burning and I had to have my hair cut off.
"I started to use Cuticura Soap and (Disiment, and after I had used two tablets of Soap and: one box of Dint- Iment I was healed." - (Signed) Mex A. Richardson, 165. Cromer St, Getrnethorpe, Yorka.... Eng.
Keep your skin healthy by using Cuticars Somp daily for the toilet, and |Cuticurs Ointment for first signs of {pimples, redness of roughness.
Soup to cleanse. Ointment to heal. Brube Depot: F. Nawkowcy di Smas, Lé! #7, Chan sevaman Suu kommen. Beid everywhere,
TRADE MARCA
FOUCAULD
BRANDY RUM
$ANS (900 LUCKER-FOXCAULD & E) EST: 1847 AT COGNAC-FRANCE
to live, they had the right to demand old order of international Pculties in DAIRY
caus
the MAT
kind
eculd
GOLD
PARIS
(31-2
MEDAL
1889
LIQUORS
[95.
FARM
NEWS
KIPPERS
Just Received
New Shipment direct trom
Scotland
from wealth and capital
the Presi of contributioerlain suggested that the dent continued but the people point to consider was what effect this taxe none and would brook no denial. The bad on industry at the present moment. League of Nations, be added, was not (Henr, Denr.) Was the tax harmless from merely an instrument to adjust and KIPPERS the point of view of industrial revival,
remedy old wrongs under a new treaty or was it one of those taxes which in of peace, but was the only hope of man-
times, when they wanted to get kind.
impediment in President Wilson declared that as far way of enterprise, and one which as Germany was concerned the work of caused Cute people to re
hesitate about launching the Peace Conference stood complete. It was important The difficulties encountered were very that industry and production should be many he said, and sometinues they got into full blast, so that we might seemed insuperable. It was impossible to Sure the greatest output
It
accommodate the interest to great n industry and indirectly affected almost every n
in the world without many minar was not a tax which the House of Com
Trenty, as the result mons could have been induced to pass of this, is not exretly what we would have except in the duress of war. As to the written, and probably not what any one suggestion that they should find out what a man's banking account was prior to the war, compare it with what it was now, and tax the difference, the result of that would be that the man who had wasted his money in the meantime would go sent free. (Hear, hour.) He did not propose the reduction of the tax out of ang tenderness for profiteers or tender ness for high
and
extravagant profits in
was because the tax was considered a body of nations-interests whith directly
serious obstacle to the revival of
that it was proposed to reduce it. This miR-
nar
of the national delegations would have written. I think that it will be found. however, that the compromises which ware accepted as inevitable, nowhere cut to the heart of any principle. The work of the Conference squares as a whole. with the principles agreed upon as the husis of percs as well as with the practi cal possibilities of the international situa tion. which has
business. He did it beenuse he felt that with as fave to be faced and dealt
was a direct
the tax at the rate in
President Wilson was given an ovation resumption and
conclusion of his speech, which was close- ly followed by Senaturs, diplomats, and the crowded galleries.
It was not in the interest of class or Capital, but in the interest of trade and industry, and therefore in the interest of the nation as a whole, that he thought the Committee
te would be
wise sanction
the reduction. (Hear, hear.),
one or two
ivecofile
توراه
NO NATIONALISATION.
Fortunately for the Government and
Mr. Macruisten said it was a pity that the war should have produced a new class These of industry called profitrering. profters were buying the land of land with the hope that in the course of for the country, Ministers have yielded
her would
to the strong opposition on certain (Laughter.)
Shorn He nepects of the Transport Bill. country CONCLUSIONS they wit urger the Chancellor of the Exchequer to of its most dangerous features, the Bill ind some way by which those who had may now secure a safe passage, and by been guilty of scandalous profiteeringeordinating fort produce good results. would be made to pay their fair shareint la ben clearly shown is national to the Exchequer. At the same time, he determination not to touch nationalisa hoped the right hon. gentleman would tion. For such a step the country is not put out of his mind the thought that prepared, and an examination of nationa there was any support whatever in the lisation and Government control, so fur country for a general capital levy.
Mr. Mackinder pointed our
as they have gang, only increases hosti. that if pe
lity to further schemes. Experience has fts had gone up to the same extent us wages they would have doubled as com proved that Government control leads to pared with pre-war profits.
Mea cald nuddle, ineficiency; and political chica not be employed auless capital accummuner. The case of the telephones' is the lated, and that could not be done while a large part was being taken as excess
W. R. Smith said that he land yet to find any business in the country that had been reriously handicapped, so far its development was concerned, by this excess profits tax. He admitted that as
SK
was at pres And go hole to escape in
12
mvet ominous instance. Government supervision stands on a different level." There the new sense of the community approves a curtailment of the powers of private ownership. "Private enterprise and business management cannot be sur rendered. Daifi Express.
this was a war measure sume adjustment would be necessary at some time or other, but that time was not yet.
Mr. A. Chamberlain: Would my hon. Mr. France argued that there were cer-
arters
friend give the that gentleman's name? tain class of ગ
who had not (Laughter.) been touched by the
Major Wood: I will certainly place excess profits tax journalists and the like. who
hon. friend in communication had made my right
can take Large profits by writing about the war, with my informant, and he and who yet
aft scot-free. There whatever action he thinks fit.
Chamberlain said that he would glad. gladly
bow receive suggestions as to illegitimate profiteering should cease. It the clause were rejected there would be no excess Guy
Captain
Benn (L. Leith) said that he was not going to vote against the clause, because he was in favour of the excess profits tax. The dilemma re- ferred to by the right hon. gentlersan frequently faced people in that House who were called upon to express their opinion.
"On a division there voted; For the clauso...... Against
come tax for the man who sold nuda not in his ordinary line of business. That kind of ma Had been responsible tha any other for profitering,
Major E. Wood said that a friend had told him of a ship-owning profiteer who, CANDIES.When he had invited friends to dine with him, unlocked, as a special treat for them, wife which was full of Treasury not
WISEMAN, LTD.
that that gentleman had hoarded up in case he should have to pay excess profits When the door of the safe was opened the floor became covered with the notes. (Laughter.)
(Continued at foot of next column.)-
Government majority
294
37
65 cents per lb.
ROYAL
ROYAL
Compare the work and then compare the prices.
10' size $140
14"
18"
.
160
180
We guarantee satisfaction and will gladly send machines on approval to responsible parties.
ALEX ROSS & CO.,
Machinery Department, 4, Des Voeux Road Central,. Telephone 2487.