CORRESPONDENCE.

DANGEROUS

WALL?

RETAINING

ÌED THÙÈ CHETOR DE THE HONGKONG DAILY PREM. **]

INTERESTING SEQUEL TO

QUARREL.

me

THE HUNGKONG DAILY PRESS, TUESDAY, JUNE

MOTOR TRANSPORT. INTERVIEW WITH SIR RAYMOND DENNIS

On the 3th of November last Sir Eric Geddes, Minister of Transport, made the latement tha: the internal combustion: engine bad won the war in the Air, han

J5TH, - 1920.

THE DEPRESSION IN JAPAN. 17this forecast is entreet the next few Heavy losses, the Japan Advertier years will witness one of the stiffest struggles for premacy in the carrying says will be unavoidable hat for the pre

trad that has ever taken place, and the Feng there seems no reason to expect panties

dividends and used their profits to write ad crashes. The Cabinet's decision to panies that moderated their thirst for relieve the immediate doulty by pr.

off the cost of their fees will come önt ridine-cheaper money and assisting the

Theet For thomof-the-mail'inhabitants

with those current now;

Silk "Cotton

Rier

630.10 46.00

· 40.00

MARKETS DEMORALIZED.

EMPLOYEES DISMISSED BY

THOUSANDS.

be to call the attention of the been the heart and soul of the Tank and export trade confirm the opinion exprwho do not hold shipping shares. a rate authorities concerned to the dangerous had provided the all-important transported in the tertiarr son time age to the war has no errors, and cheap freights taken to ease the transition from war to conditions under which business is carried ondition of the retaining wail of the big on the roads. This truth was stated in that systematic mesures would be will unrestionably help to mitigate the

conditions. The Government's ba. block of houses in Sau Wa Fong and St. another form by B.R.H. Prince Arthur of peace

The complaint is sometimes made that Francis Street, facing Queen's Road East, Connaught, who was with our Armies in financial resources are greater than they

have ever been. The gold holdings of the the decline in wholesale prices is no r which has been greatly "weakened and France, when he declared his conviction Government and the Bank of Japanflected in the retail shops. More intel- endangered by the palling down of the row that without our wonderful system of amount to about Y. 1,800 millions of which ligent people than retail shopkeepers of uly! houses in Queen's Road East, This motor transport it is quite possibie that approximately Y.1.200 millions are held sometimes fail to realize that the market in Londen a New York This, reserve value of an article is not what it cost but of specie is being freely used to purchase what it will fetch; and the shopkeepers is a very vid retaining wah) and consista we never should have been able to win the

importers bills held by exchangu banks,irka buught when prices were high think of a loos mixture of rubblestone, war at all.""

It was in the above words that Sir Ray-It can be employed, at the Government that they must stick to their rates now and earth about 40, years old,

What a terrible disaster, and what would moud Dennis, K.B.E.. co-founder and joint discretion, for other alleviatory measures that prices have fallen. It is short-sight It is evident that the hoom perioded policy: an enterprising retailer who bethe loss of life and property should this Managing Director of Dennis Bro, Ltd. definitely over and that a slump of great would boldly mark down his stock and -old retaining wall midden,y cullapset of Guildford, who arrived in Hongkong severity has set in and may last for years, replace it at the new prices would find his yesterday, `emphasised the importance of It will involve heavy losses. Thousands sacrifice well rewarded by the increased Yours truly,

A WARNING. the industry, of which he is one of the of individuals are experiencing such loss business that it brought him. We are not now, and the circle will grow wider as likely to see so much enterprise displayed outstanding personalities, when seen by the depression extends. An idea of the big retail prices muy follow wholesale. Hongkong, June" {4th,

representative of the Hongkong Daily disturbance which has occurred may be Every kimono shop in Tokyo. from the Another correspondent wishes attention Frra. All the world knows," added Sir obtained from a comparison of the pries humblest to the most rxalted, appear to an effort to dispose of the dear stock. to be draws to the alterations made at the Raymond, that the taxicabs and omni-taining at the beginning of last month be having a cheap sale at present, It is

April 2nd. May 2nd.

before the market is swamped by the jold St. Joseph's College. Stones and earth-buses of Paris saved that city from the

193.60

176.00

cheap. If the public rush to buy they

·Weighing approximately 10 tons are being Hus in 1814, just as it was the carefully

380.00

will probably find that it would have paid thers better to wait, for we are dog at 1fd just over a small strip leading to a organised kysteni og motor transport that passage way between the Rohiuson Road rumbled the Government in England. to The process has now stopped by any me, the end of the decline yet, and it cannot

yet it has to be noted that this fall is

biz affect retail prices, and the Roman Catholje Cathedral: The resist successfully the lightning railway

still accompanied by a real and general correspondent states that the heavy and strike that so seriously menaced the life scarcity of commodities. With the exce

tion, perhaps, of shipping where very -continued rain of the past few days, may of the Basion last autuma.“

heary stump is imminent, many of the cause & landslip on account of this weight || H-ESTABLISHING OVERSEAS CONNECTIONS,

primary needs of the world are still far Imoter transport will play as im from being fully supplied. This, at first and the result may include los of life.

OSAKA, JUDA 7th." portant a part in industry and the peace-aight, seems to indicate a basic difference

between the present depression and the There is no improvement in, the general ful arts of commeres as in the stern co depressions that usually succeed periods business outlook and, if anything, it is flies of war is an accepted truth and the of over-production and speculation. but worse. Bankers clearings show a marked demand for motor vehicles at Home is such the difference is more apparent than real. decrease and on the other hand disbonoured not Over-production in the true sense has never bills are rapidly increasing. New enter that Messes Dennis Brothers need

There has never been a time prises and extensions have diminished con look elsewhere for a market for sometime existed, to come, in spite of the fact that their out when the civilized world has had too many kiderably, put is afty 3 ton lorries per week, to clothes, too much food, too abundant During May the excess of imports over

The over-exports wav,100,000,000 and the aggre FOUND ALIVE BY POLICE.

which will be added fifty 2 ou lorries as travelling facilities, and so on, soon as the White and Poppe factory at production from which long series of pastgate exccas since January amounted to Sume months ago il Chinese woman,

Coventry, which received the honour of a crisis have come has been a failure of Y.440,000,000. living in Wanchai, who was married when visit from the Queen-Empress and Princess credit, of purchasing power. Thig failure she was young, ran away from her husband Mary during the war, whea 14,500 hands of purchasing power is exactly what the and lived with a friend. The pair planned were employed, and which is the property world is suffering from to-day on a most

of Messrs. Dennis Brothers, has completed colossal scale.

peace conditions. How far it will go it is impossible, to lupa.znother man, as admirer of the its reorganisation to young woman and see about it in the with a view, however, to fostering over my In thinking of trade conditions seas trade and re-establishing those civilian after the war we usually assume that the eustomary way by hiring a go-between, connections that were ruptured by the war demand for goods will continue on the who arranged a marriage. The formali Messrs. Dennis Brothers have definitely

continental Earope is concerned that anti tie wern gone through and after the pur earmarked a large number of lorries for Pre-War scale. So far as the whole of export and some hundreds of the War

dreds of millions of highly civilized chase money had been paid, the woman Office 3 ton model, of which 7,000 were cipation may easily, be falsified. Hun A few days Inter supplied to the military authorities duris people, forming the most productive part went to live with him.

the war, will be shipped to Indin, Ceylon. the woman disappeared and the Police Burma the Straits Settlements and Java of the population of the earth and its

host market for all kinds of goods, are Unemployment both of labourers and salaried men is increasing while the retail

•were informed, resulting in the woman, during the current year.

The importance that Sir Raymond probably doomed to a lower standard of bing arrested on a charge of Aying the fenis attaches to the development of living than they ever experienced before prices of daily camaris ata stil high. It is impossible to suppose that: This is regarded as a most dangerous social white pigeon,

The wins was subse-trade-within the Evident from the war.

making this condition will not react on trade and autod, Strikes are now almost unheard fact that he is quently freed and went back to her

for the purpose of finance in every country, and impossible of because this is not the time for wage original husband. On Saturday she was investigating locur going along Wanchai when she met her of enabling him by enquiry on the spot, Within this great margin of uncertainty. and by biz qwn observation to select the boxever. Japanese industry has the advan whilom admirer who assaulted her.

suitable firm to act as sole agent fortage of producing for a market which stand in urgent need and which, becanee report made to the Police at the Dennis productions within its territory.

Sir Raymond very properly considers of these needs, will be forced to devise time, nothing serious had bappened goodservice" to be essential and to some means of credit. Further, a danger no step de taken. The following morn-secure this to users of his machines not which is foreseen is often overcome, The ing, however, the husband rushed into the only will very large stocks of spare parts risks inherent in the end of the war bom be held by all sole agents, but each will have long been foreseen in Japan, and the Police Station in an excited manner and have on his staff a fully qualifed Engineer Government's action, twice repeated, in- dicates that a policy has been framed to informed the Police that his wife was from the Dennis Factory.

meet them. Panics and crashes on a great dead

scale are therefore unlikely at present, and there is reasonable ground for ex- pecting that Japanese trade will safely

WOMAN REPORTED DEAD.

A

the

.

Stocks, sarp and rice are all depressed. Rice, which maintained comparative May rice futures were quoted at about strength, in nove demoralized. Early in Y:40 per koku and they are now Y.33- Yaras early in May were about Y.400 per bale but they now and at Y3 Stocks of the Nippon Yusen Kaisha are keeping were Y.250. Yokohama raw silk which at about the Y.150 level, which two months

about Y.130.

Yarious price indexes show that com- early in May stood at about Y.200, is now

modities fell shout 10 per cent. during May."

.47

tour of the #onditions and needs and et predict how-far-its-reactions will go. | advances. The South Mauchuria. Railway

Ingst

THE TURBINE FIRE ENGINE.

shoot the rapids into smooth water at, a lower level...

is reilucing its staff to the extent of 10,000 employees.

June 8th. Investigations made by the Osaka Pre- fectural Office show that during the past three months 357 factories were closed and 8.500 workers were discharged, of whom 6,500 secured new employment,

The above only covers Osaka. Figures for the whole of Japan are not yet avail- able.

GIVING WRONG NAME..

INDIAN PASSENGER EINED.

Messrs. Dennis Brothers, who were the pioneers of the worm-drive, were the first to adapt the turbine to motor fire engines of which they are the biggest manufac turers in the world. Very large numbers

With the hom market deranged by of these machines were supplied to the Imperia! authorities during the war for successive slump, Japanese industrialists the protection of munition factories, docks must seek to increase their export trade, and stores, such as Gretna, Avonmouth, and every method which can stimulate ex with giving a wrong name in connection The fall in with registering his arrival in the Colony. Richborough, Vladivostock, Archangel, ports should be employed.

At the Magistracy. yesterday, an Indian, named Kirber Singh, was charged

The Folice immediately proceeded to the house with a coffin, intending to remove the body to the martuary. The woman was lying on a bed apparently dead, hat when the Police examined her she made s movement, raising her hand "horself and placing it on her breast. An ambulance was then telephoned for and the was removed to hospital. Here she was Basra, Baghdad, etc, and at the great prices will be the most powerful single. U. Buriingham, A.B.P., said that Salonika fire two of these machines, 153 factor ja that process. A glance at the defendant, who was on his way to join the found to be in a perfectly healthy, condi- of which are in use by the Leadoo Fire prices quoted above will show how far Macan Police, registered himself as Bhagat tion. Her assailant was charged at the Brigade, established a record by operating the decline bas gone. Those figures amply Singh, though the name in his Indian

continously for 11 days and 9 days respec- Magistracy with assault, and said that tively without a stop. Dennis fro engines explain the collapse; but the shearing of Army discharge certificate was the one a revival of exports will presently begin. cutta Police sated application forms to when he went to collect some money from are already installed in Tientsin and Han the speculator helps the manufacturer and under which he was charged. The Cal- kaw they are to be found at Calcutta, whether the steps contemplated by the those who wished to leave India and evi- the woman he was set upon, by complain- Colombo, Singapore, Ipoh, Kuala Lumpur, Geramant include the provision of dently, defendant, who must ant and another woman. In defence he Penang, Shanghai, and other cities in the hits for countries like Germany and aware that another person by the name of strack the complainant,

The far-sighted policy of Bir Raymond, Russia remains to be seen. The American Bhagat Singh had applied for a pormit, "Defendant said that be was known in The parties, wore bound over to keep the Dennis in dealing personally with the silk trade will ravive automatically now gave his name as such to enable him to immensely important problem of overseas that prices have fallen; but not much cat trade and local representation is well be hoped for in regard to European trade worthy to be followed by other leaders of until the Financial Conference of the

Allies has met. AMERICAN BEGS IN PUBLIC the British motor industry.

peace,

STREET.

CHARGED WITH BEING A VAGRANT.

.

An American named O. T. Thomson was charged at the Magistracy, yesterday, with being a vagrant and with begging in the public street

Defendant: I was drunk at the time. I had sufficient money to buy drinks. was feeling tonesome and caly-looked for

company.

1

Brot

EURASIAN LAD AS

STOWAWAY. FOUND HIDING ON THE

NILE."

John Oswald, Eurasian lad, was charged at the Magistracy, yesterday, with stowing away on the Vil, between. Bingapore and Hongkong,

Defendant said that he had no work in Singapore and was proceeding to Seattle He was an orphan to work or a farm.

and hat boen, educated in an orphanage

Mr. Hutchison remarked that if the boy **Inspector Sullivan: He had $2.55 with were sent back to Singapore be would probably stow away again. He remanded him.

the case and ordered the boy to be taken Defendant said the he was staying at to the Captain Buperintendent of Police the Seaman's Institute, the fees being to see what could be done. paid by the American Consulate. He came

down from Shanghai, to join a Greek ship BUSINESS DEAL IN OPIUM, but as the conditions he had stipuisted for were not adhered to be refused to work DRUG GIVEN AS SECURITY FOR

LOAN. He expected to proceed to Manila or Shanghai in a few days time."

Another factor in favour of the expon trade is the certainty of low freights. Mears. Donald Macleod & Co., a Landon shipping firm, describe the outlook as follows in their weely circular of March. 17th-

receive one.

his village as Bhagat Singh.

Defendant was hued $5

have been

UNLAWFUL POSSESSION OF

AMMUNITION. JAPANESE SEAMAN ABSCONDE. The past week has been the most critical that foreign shipowners, have

A Japanese samão of the Shingo 1⁄4lary experienced since 1914, as the events of was arrested on Saturday for the unlaw the week must have convinced them th the war boom in freights has now de fal possession of thirteen revolvers and The 'con- finitely Faded and that they must face 1,250 rounds of ammunition.

the near future similar rates of traband was concealed in a trunk. freight to those being earned by British Police allowed the man bail on $1,000 with Ha failed tonnage Foreign countries, are, of instructions to attend court. course, hastening this end-themselves by to do so and his bail, was estreated. their tremendous output of new ton nage.

The

MARIE TEMPEST OPENING THURSDAY

In the United States, exclusive of ton- Age building for the Shipping Board, there are at present in hand 283 moel? steamers, aggregating 1,250,000 gross ions, and if the present rate of progreHE. THE GOVERNOR AND LADY is maintained the 2,000,000 tone mark STUBBS WILL BE PRESENT. will soon be reached."

Another important factor is the fact Mim Marie Tempest and, hor.comedy that the Canadian Government, have company are due here to-day from 8hang- contracted for sixty-throb vessels, re hai and their opening play at the Theatre presenting 383,000 tonn, if building in Royal on Thursday evening will be Capt. Cabadian yarils. Add to this about Robert Marshall's "The Duke of Killicran- at which His Excellency the output of Japanese yards, 600,000 tons Governor and Lady Stubbe have signified from European yards, and 2,000,000 tons their intention of being presentz. -Friday's from British yards, and it is apparent. performance will be The Marriage of that the world's shipping is face lace Kitty" at which their Excellencies will in the near future with a freight his be present, and for the final and sch as has never been expfi in fairwell performance on Saturday even- history, and it will indeed be a cale of ing Hubert Henry Davis' great sociologi-

Outers is being presented: the survival of the attest,

At the Magistracy, yesterday, Inspector Bullivan said that several Chinese was charged with being in anlar-700,000 tong dead weight, the estimated kie" complaints had been received from people fal possession of five taels of opium

Mr. C. F. Manon, for the defence, said to the effect that Europeans were begging that the opium was given his client - an The accused asked the sergeant for money security for loan. The drug was car- ried openly by defendant who held a very dire responsible position in the Wing On Insur

MrBaith wamed-dese

to buy a drink.

charged him,

Mr. Hutchison Ened defendant #900/-

LANE, CRAWFORD & CO.

RAINCOATS

BLACK

THE

ZAMBRENE

WATERPROOF

IN.

QUALITY, CUT, AND MAKE LEAVE

NOTHING TO BE DESIRED. THEY

RETAIN THEIR SHAPE' AND GOOD,

APPEARANCE TO "THE LAST,

Price from $30.00 to $35.00

RUBBER

OVER SHOES.

CAN ALWAYS BE RELIED UPON TO KEEP BOOTS AND SHOES. DRY IN WET WEATHER.

ENGLISH

UMBRELLA'S

STOCKED IN SEVERAL DIFFERENT MAKES AND

PRICES:

HAVANA CIGARS

JUST RECEIVED

PETIT FANCY TALES

CAPRICHOS

REGENTS

STANFORDS

EPICURES

PER BOX OF 50-$11.00.

-10.50-

17

10.00

9.50′′

9.00

LANE, CRAWFORD & CO.

A5772

COLUMBIA

DANCE

RECORDS

FOX TROT PRINCE'S BAND ONE STEP

ON THE SHORE AT LE LEI WI FOX TROT

(ST. LOUIS BLUES

HESITATION BLUES

A5701

LADDER OF ROSES

A5817

SOUTHERN, ROSE

WALTZ

{

WINE, WOMEN & SONG

.

A5838

MISSOURI WALTZ

THE WALTZ WE LOVE

$9

**

ORCHESTRA

Che Anderson Music Co., Ltd.,

16, Des Voeux-Road.

Tel. 1322.

Powell

Wm

TELEPHONE 346

17

Ltd.

GENTLEMEN'S HIGH CLASS SILK. HALF HOSE.

PRICE

$1.50

PER PAIR

$8.00

FER HALF DOZEN.

PRICE

$1.50

PER PAIR

$8.00

FER HALF DOZEN.

PHOENIX SILK SOCKS

GUARANTEED PURE SILK WITH REINFORCED TOE HEEL AND FEET,

$1.50- PER PAIX

$8.00

FER HALF DOZEN.

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