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Henry Heath BATS

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The latest London styles, at priko Well dressed man

ranging from $5.00. $7.00 $8.50, 89:50 to $12.50 each are now belag shown by

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16. DES VŒUX ROAD..

:

FOR CIGARS SMOKE

EL PALACIO &

*Telephone. 38,

IMPERIO DEL MUNDO "

known to connoisseurs for their flavour and aroma.

Just Received Fresh Consignments of

EGYPTIAN

RUBBER INDU

THE WAGES QU

The following except is

of the Trade of the Straits

BESS, FRIDAY, JANUARY Idra, -1920

THE PRICE OF SILVER,

EFFECT ON TEXTILES,

In the House of Commons, on Novem- ber-20th, Sir Montague Barlow asked the

SHANGHAI CHINESE INFLAMMATURY PUSTER BY IN AND AGITATORS.4 GANNELS

Mr. F. C. Tong, of the Shanghai Com- Daily News as follows:

INTIMATIONS

for the year 1919, published in the Nortissa President of the Board of Trade whethe-mercial Federation, writes to the N.-C. this Country. Please apply by letter to

Times's

whether this demand from the East was due to the recent rise in the price of silver, and, in consequence, the increase in the purchasing power of silver in exchange with gold-using countries; and whether En could hold out any prospect of making provision to stabilise the ex- change with silver-using countrica in thè East

Art-Class London House desiree te take up SOLE AGENCY in England representing Cloth and Silk Manufacturers The attitude of the Shanghai Chinese Fhowhill, London, England.

Fax No. 836, 60. O. MITCHELE E CO., I over the question of the payment of the p municipal taxes stiffened considerably on

[174

distributed all over the International Settlement, and of which a translation MOORGATE TRADING COMPANY, LID follows:-

Pay Attention!:)

An Important Notice!! Gentlemen,-You must know we have not yet secured satisfactory" settlam in connexion with our demand for re- vision of Bettlement regulations. It is very proper, as the previous notice has said, that there must be no taxation

without representation. 10

To-day the S.M.C. sent man to warn 30, the various shops, to get ready with your moner to pay the rates for the present quarter to-morrow.

Intelligent shop-keepers know that the men from the Council are employ ed for the usual duty of warning people beforehand to pay tax. This is their duty. But a small number of ignorant shopkeepers are much frightened, and, not knowing what do, run about making inquiries This is not strange.

the rise in the price of cotton and woollen The year 1919 has been a quiet oge, manufactures was largely, attributable to comparatively speaking, in the rubber the demands of India and the East; iso, January 8th, as the result of a handbill industry. In 1918 the restriction of in- posts by America demoralised the market and there was a period during which rubber, was being given away at cost or less than cost price to anyone who would buy and store it, and give estates the wherewithal to pay thoir way. - Towards the end of that your prices hardened under expectations of peace and the open- ing of Continental markets, which had been closed during the war. Also, the Bir Auckland Geddes said the primary American umbargo was remored and trad causes of the rise in the prices of potton ing became free again, but the market and woollen mannfactures were a world was comparatively weak during the ear- lior balf of 1919. This was dug, no doubt, shortage due to the chief manufacturing in part to the release of stocks held up countries baving been at war, and a great spoca'atively in 1913, also to the very slow progress of the peace engotiations, and increase in the cost of production. It the general paralysis of all industry in was difficult to say to what extant tha Central Europe coinciding with a sudden normal heavy demand of India and the comaation of buying for war materialpur- poses by the Allied Governments: On the East bad been increased by the recent rise whole we are inclined to think that a in 'the price of silver. The problem of period of peculiar difficulty has been the exchange with these countries was a passed : over · in a fairly:sakisfactory manner, but we may again emphasise the very difficult one. He was not at present fact that rubber which is selling regard in a position to say whether it would be less of the fall in the purchasing value of possible or desirable for the Government currency is not selling well, and this is a problem that ought to be receiving to take any steps. most careful attention from the heads of Secretary to the Treasury if his attention * Mr. Raffan on November 25th asked the the industry. If estate inbour were being had been called, to the statement in the paid enough to compensate it for the fall Presa that on or about the 18th Nov. the in exchange value of our dollar in India price of bar silver had risen to 70d. and China, profit on the prices current per or, what was the highest price per during the past twelve months would be ounce at which the Mint authorities had vory small indeed. And if labour is not purchased it during the present month compensated for the fall in value of itsil the ounce was the troy ounce of silver, arninge, employment in Malays (will 37:40 fine, or what other waight and fine lose its popularity, and it will become ness; and whether the price was for pay extremely difficult to efficiently man the ment in actual gold coin or în instru estates. The danger is recognised by

mante credit. and bills it, such as notes, cheques

planters, but naturally they are waiting for a lead from Government which alone can decide what is to be done about change. One suggestion worth consider ing is that, if Government decides not to change the value of the dollar, the estates should make up the loss on exchange on say one-third of the labourer's wage, as that was about the proportion sent to India by steady men before the present adverse conditions arose. The advantage of this system in that the estates would get the benefit of any fall in exchange, and the labour would be secured against its advance, who the permanent basis of wages would remain unaffected, as in the event of the rupee coming back to normal, the estates would sutomatically gain relief from the temporary import necessitated by the state of exchange Some of the long heads of the industry might ponder the matter with advantage We merely throw out a suggestion, be

the London price of silver on the date Mr. Stanley Baldwin: I am aware that mentioned was 70d an oz. The price is the sterling price for a troy ounce of standard silver, 37.40 fine. The Mint bas parchased no silver during the present month as it has sufficient stocks of bullion for present purposes.

COTTON MILL FALES,.

LANCASHIRE'S OBJECTION TO

SPECULATORS.

I

We have again to issue this argent notice to inform you that, as long as there is no representation, no tax abould be paid. If the Council send men to collect the rates, you, shop- keepers, should reply to them to this effect: Our representatives are ne gotiating with the Consular Body As soon as a settlement is arrived at the Spring tax will be paid."

If force is used, you, shopkeepers, Are to notify the Street Unions (Amalga mated Association of Street. Unions) who will jointly discuss measures to deal with the matter.

Anyhow we must act unanimously and we should not differ one from the other in order to prevent indignity (1).

As soon as our objects are attained we will issue a notice asking you-all to

pay.

All shop-keepers should wait patient ly. Very important notice. January 8th. 1920.

PABHIVE RESISTANCE.'

procedure, an attempt was made to collect On January 9th, following the usual the municipal tax in Honan and Fokien Roads, and with the exception of wall under a score of cases, the householder or shop-keeper concerned failed to pay As in July last, there was not in many cases a definite refusal to pay upon prin. ciple, but rather the usual prevarication Tha master is out" or "The master is ab Soochow In very few casm, if any, refused to pay until representation on did those in the places visited state, they the Council was granted them

STATEN OF THE LEADERS.

MOORGATE HALL, LONDON, EQAL Telegraphic Adders: "COLLESCENT, LONDON. Godes ----A.B.C. 8th. EDITION, BESTLAYS EXPORTERS of MANUFACTURED-: GOODS of EVERY description.

INDENTS EXECUTED. HIPPING, Forwarding and Insurance.

Business affected at lowest rates: dence invited.

Con.. signments sold on Commission. "Correspon-

WANTED.

[13]

NERTIFICATED MECHANICAL ENGINEER with long practical experience in Steam Eazines, Balfers. Combustion Motors, Electrical and Mining angines Seeks Situation. No objection to gatport.

Box No. 937, Care of Daily Prees" Office.

Beply

SSISTANT

WANTED.

A MAKER (British) for Shipbuilding FOREMAN BOILER- Worka. "Applications must state age, experi once, and salary required, in first instance- otherwise no notice tak

Apply-

MOZ 223, Care of "Daily Pro" Odor

TO LET

PAX from early March. ROOMED Furnished Bungalow at the- GODOWN, No. 15, Burrows Street, to let. from February 1st.

including taxes. middle February at 8:16-per month. No. 3 SEYMOUR TERRACE, from.

Apply to-

LINSTEAD & DAVIS.

188

TO, LET.

SHOP in Nathan Road, Kowloon,

Apply to

BUMPERRYS ESTATE & FINANCE:

CO. LTD.

Buildings

FOR SALE.

H Mou

'OUNT · GOUGH No. 131, THE

Apply

PEAL. 6-Boomed House with

JOLIEVE GO

York Buildings

115

FOR BALE

RAIGMIN WEST, No. 181, Tax Garden, Price Moderate.

ORD & CO.

The invasion of Lancashire by London financiers is creating a very uneasy feel ing among all classes in Manchester. It is held that the operations are not in the It is only fair to state that, the Chinese

CHAMBER OF COMMERCE O interest of the cotton industry, but con General Chamber of Commerce is using stitute a huge speculation which may do its influence to the best of its power o chuse we 300 many objections to a definito it irretrievable harm. Cotton spinnery increase of wages, although it is obvious regard the regotiations with respect to avert anything in the nature of violence. that something should be done i

the sale of the old established arm of But whether this applies to passive re The purely commercial outlook is pretty Horrockses, Crewdson, and Co., Lid-theistance to the payment of rates does not much what it was a year ago. If the purchase cannot, of course, be completed peace treaty is finally approved at an until it has been sanctioned by a meeting in today's paper you ask why I did early date, and if the Central European of shareholders as a very serious thing not sign the letter which was addressed Large Garden Powera can get credits, there may be a The general argument one bears among to the Chairman of the Municipal harp demand early in the year, But merchants is that these men are buying Council and which was signed by Mr. here again the exchange rises like a stone mills at vastly intiated prices, and that Chu Frosan and Mr. Chen Teze-uring. wall across the path. The German mark, they will not, when times become normal, I am in full agreement with the contents normally valued at the shilling, is now be able to compete with existing concerns of that letter and I am in full agrooment equal to about three peace. So if which will have cost perhaps only one with the activities of the League of German buys rubber ab 2/- per lb, he third of the price per spindle CIGARETTES will have to give eight marks to him the The cotton textile industry is supreme letter on behalf of my organizations be

Street Unions and I. did not sign that Com UX, FRAX & Roomed House with equivalent of 8/-to pay for his purly important to Lancashire, and it is a bad cause the Shangasi Commercial Federa chase. It seems rather rash to build high thing to allow any portion of it to pass tion entirely approves of the activities hopes of big trade on such a basis as under the control of London financiers of the League of Street Unions as stated. that, so we incline to the view, that the who know nothing about its technical in the documents which have been sent Kitchener, period to face. It must pay highse wages making a profitable investment at the and I personally am an officer of the

rubber industry has a somewhat anxious ties, and who are only concerned in

to the Commissioner of Foreign Affairs in one form or another, and it has no expense of the industry and the public. League of Street Unions. Therefore, it certainty of much higher prices to offset Mr. S. B. Joel, who is understood to be is altogether unnecesary to have either the charge.

at the head of the syndicats, has created ny signature or the name of the Shanghai PRODUCTION AND VALUE, SINCE 1905. much resentment by the saying attributed Commercial Federation attached to this

Malayan Avenage Total

to him that it is better that they (the document. Exports. Price per lb. value. ayndicate) should take the mills over than that a lot of old fogeye should have 430 tons 5/- £240,500

charge of them. The amount of the pro 4/6

446,040

pective deal for the cotton business of *129,893 Mesars Horrockess, Crewdson & Co is 2,618,560

said to be £5,500,000. 4,370,888 5,172,000 44. 0,548,001 3/ 11,872,224 -2/3

19,701,808 .8/0 18,180,315 2/0 25,938,360 9/- 28,091,182. 173. 19,000,000 **/= 35,84(1),000′′

THEODORO VAFIADIS & CO/S:

Extra Fine, Crown Prince, Non Plus Ultra, La France, Albion, Ghazee, Dames Superfine.

THE

MELACHRINO & CO.S

No. 4

No. 8 HONGKONG CIGAR STORE

CO. LTD.

Hotel Mansions.

IF YOU ARE A HAMMOND USER

you need not buy a new typewriter when the type get worn new sets of type ara inexpensive, and can be put on in 30 seconds.

Two sota of type are provided with each machine, others to any quantity may be purchased separately.

Simply by turning a wheel, you may change from English to Russian, from Gothic type to Copperplate, or a whole variety of others. There are over 200 varieties of type produced for use on the Hammond typewriter. All or any may be sued by any one machina.

This is but one of the many unique features of the HAMMO TYPEWRITER Low we demonstrate to you its further advantages.

100]

Messrs. BREWER

(Sole Agents: Hongkong).

TO MAKE A DAINTY MEAL

ROOSTER BRAND" Macaroni, Termicelli, Egg Noodler, Paste Stars and Buy other kinds of Boup Staffs from us. All our Paste Products, made in a new, well. ventilated and medeen style Factory, are pure, wholesome and of exo

Obtainable from all our Agents everywhere.

Samples and Price List will be given, free of charge, on application to our Head Office.

THE HING WAH PASTE MFG. CO., LTD.

HEAD OFFICE No. 47 & 48, Connaught Road Central, Hongkong, Tel. No. 22305

ANCH OFFICE ANos. 430 and 431, Nanking Road, Shanghai, Chine

1906 1507

885. 1908 1,020 22

-1909 1010

3,340 11 6,504

6/-

1911 11,500

1912. 21,305 1913 35,352 1014 50,404 1015 70,214 1916 '99,063

1917 130,000 1918 135,000 1913 +160,000

SUFFRAGE MOVEMENT IN

SMAARJAPANI

GERMANS IN INDIA.

"PEACEFUL PENETRATION ”

LANE CRA

A. G. DA ROCHA. IS THE AUCTIONEER

AUCTIONEER,

A. G. DA ROCHA,

SURVEYOR GENERAL BROKER

Queen's Road Central, Telephone No. 93

the Canton Guild, may I say that I also With regard to your question as to represent the Canton Guild in my cap city of Vice-Chairman of the Shanghai Commercial Federation of which the Guild is a member. With regard to the Shanghai Students Union and the National Organizations Union, they have

erer participated in the conference with AVOURED ith instructions from regard to Chinese representation in the ill sell by Pablie Anotion, on MONDAY,

Mr. B. H. JOSEPH, Municipal Council and therefore they January 19th, 1990, at 330 v.x, at No could not have signed the letter. The roRoso Torrace (ground floor) Nathan Road, porter who two or three days are in Kowloomy and ope dicator that these two organiastions were formed. The point that I wish to make attending the confererico wa misin alolately clear is that there is no dis Double

am, etc.,

ZE C. Tora. January 9th, b Shanghai Commercial Federation,

The N-0 Daily News comments on the

EXCELLENT HOUSEHOLD

FURNITURE, Comprising

Bram Bedsteads Ornaments,

Tazz-Cash on Delivery,

Philippine Co., Ltd.

83

"ATTEMPTED.

Speaking at the annual meeting of the Madras Chamber of Commerce Sir Gordon Fraser referred to the German efforts to resume trade with India. Hession in the ranks of the Chinese and Chairs, Dining Table, Tea Bookcases, Din had seen letters written from Germany hare existel between the Chamber of Curtains, Steel Cooking Stove Marble Top

no matter what difference of ominion may ner and Crockery Ware, Glasswares Picture The Reconstruction Union of Japan is tone, with personal compliments to those hai Commercial Federation, we are work. Sundries

to pre-war clients in s most friendly Commerce, for instance, and the Bhangathetand, Dreming Table, Toilet Sets and determined to leave no stone unturned in with whom they came in touch in pre-war ing harmoniously on these questions for order to secure the immediate adoption days. He reiterated the hope he had the welfare of the Chinese people of the universed suffrage system." It has pressed last year that such precautions for some time beer devoting its attention will be taken by the Government to in- to the enlisting of the support of as many sure that Germany never again obtains members of the House of Represents the influence within the British tives se possible for its cause. At a that she enjoyed at the time of the out- meeting of the Union, which was called break of hostilities. He looked forward at the Matsumoto-ro, Hibiya Fark, ou for some definite promuncement from December 27th a resolution was adopted Government as to the course of action to that any member of the House of Bebe taken. He regretted that the Socre presentatives supporting the cause who tary of State and the Government of might by any chates ignore the previous India are taking so long to define their resolution of the Union in favogz of the fature policy in regard to enemy aliens. immediate adoption of the univerish auf. Unless some definite line of policy was frage system and allow himself to be wand- laid down. India would be inundated with od by his party's resolution of a different German traders before they quite knew MODEL HOUSES FROM A LOTTERY nature should be dismissed from the whore they were ad Union. It is expected that the Recon Mr. J. E. Simpson, the newly elected struction Union in concert with similar Chairman of the Chamber, also dealt with organisations with the same end in view, this subject He said that he had recent will start a big movement in the early ly beard of a German dye factory quoting nart of this month, including the hold prices to Madras, but as the quotation ine of a big, public meeting in Tokyo, in was for delivery in the North Sea and assets and taxed as war profit, in which order to arouse public opinion in support for cash to socompany order through a case it would dwindle to one fifth of the of its cause, In case a majority vote for. Dutch bankrit fell through. Hessid their sumi It appears more likely however, Universal Saffrage is not obtained, the feelings had been too much outraged and that the Treasury will levy pitao pf Baion proposca to start a big demon their hearts were too more to have them per cent. In any case, the firm irtend stration with the popular support with them yet awhile, and that they must to erect model dwellings for it or playden Against the

ature

wait till time had bealed the wounde out of the proceed

above letter as follows: We are bound to say that we think the explanation of the attitude of the Canton Guild is rather wenke important a body does not seem likely to come in on the skirts of a very. junior asociation

PRIZE.

The winner of the big lottery prize in Paris is not a private individual hot the The questions arises whether the million textile company of Flers in the Orne. will be regarded as part of the company's

IN LIQUIDATION.

third and final dividend

is now payable upon pro of liquidators

duction

receipt

R. E. HUMPHREYS,

Liquidator.

158 Juan Luna,

Manila,

Dec 15th gr

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