THE HONGKONG DAILY PRESS, WEDNESDAY, AUGUST YH, 1920.
DODWELL & COMPANY.LD.
STEAMSHIP SERVICES.
Regular Sallingsto
NEW YORK
via Fanama Canal.
S.S. "EGREMONT CASTLE” on or about 12th Sept.
LLOYD. TRIESTINO
8.5.
Fox SHANGHAI & JAPAN "HUNGARIA**
FORTS,
on or about 31st August.
for BRINDISI VENICE & TRIESTE. Taking Cargo on through Bills of Lading for LEVANT, BLACK SEA & DANUBE SIA SINGAPORE, PENANG & COLOMBQ.
on or about 9th August..
S.S. "PILSNA 5.S. "INNSBRÜÜK '. 9.5. '"'HUNGARIA”
100
on or sodat ath September.
on or about 3rd October
NANYO YUSEN KAISHA," Ltd.
2 (SOUTH SEA MAIL S.S.' Co.)")
Regular Services betwear.
JAPAN, HONGKONG & JAVA.
FOR JAPAN
For JAVA
OCEAN TRANSPORT Co., Ltd.
(TAIFO KAIUN KAISHA) Steamship Service. Trana-Pacifo
Also to Australia, Europe, etc.
NATAL LINE OF STEAMERS.
TAKING Cargo on through Bills of Lading for SOUTH AFRICAN PORTS with transhipment at CALCUTTA.
in conjunction with the
INDO CHINA STRAM NAVIGATION CO. LTD.
"AND APCAR-LINES. connecting with
B.S."UMONA" sailing from CALCUTTA
Fer Fraight-or-Passage-on
an or about 20th August. any of the shore Jánes apply to:-
DODWELL & CO., LTD.
Agcabe
N. Y. K.
NIPPON YUSEN KAISHA
MAILINGS FROM 201GKONG SPRJEGA 20 ALTERATION.
110
NATION'S FINANCE.
MR. MOKENNA ON THE BUDGET.
**NOTICES TO CONSIGNEES
NOTICE TO CONSIGNEES
5.8. "WEST MONTOP" VOY, 2-OUT. From LOS ANGELES, via HONOLULU, JAPAN PORTE and SHANGHAL
Eאין
As the chief guest of the National Union of Manufacturers, at its anual dipaer at the Savoy Hotel on June 14th,' Mr. Reginald McKenna subjected the financial policy of the nation to a searching analysis. He argued that the country was being gravely over-taxed, and expressed the view that a Budget of one thousand millions wag za much as it could possibly carry. The Jinner was attended by upwards of 800 guests.
Mr. George Tarrell, M.P.. who presided, was supported by Mr. Reginald MeKenna, Mr. Robert B. Skinner (Consul. General for the U.S.A.). Sir Edward
Consignees of Carga are hereby notified Mackay kagat, de Edward Pallets (Consul-General for Belgium), and Mr. Wat they must produce an Import Permit C. Bridgeman, M.P. (Parliamentary Sand Rothe Superintendent of the Imports cretary to the Board of Trade).
the
Proposing the health of the guests, Chairman said that the trade community during the war accepted the excess profits tax is being necessary at the moment. Their only regres now W A that Alt, McKenna did, nos hold office today, so that h might have an opportunity of redeeming his, pledge as to its purely temporary character. (Cheers,)
Mr. McKenna, în reply, said there was some ground for legitimate satisfaction at the present state of trade: Though still much too slowly, output was steadily im- proving. There was a great demand for our principal products all over the world. demand we were still unable to meet. They hoped and believed that industrial unrest was gradually subsiding, and that labouri conditions would permit of more "fruitful; response to the vigor. enturprise, skill, i and knowledge which our manufacturers and traders ware ready to pur inte. their busi ness. There was, however, bas dark shadow finance. He could not help thinking we were suffering from over-indulgence in rirtue. No people could compare with us If in willingness to submit to taxation. men, however, could be got, to express their opinioon unhindered by the feeling that to shirk taxation was to look liko running! aware they, would say that, in the present condition of our industry and power at production, we were already gravely over taxed. (Cheers.)
above-mentioned vessel having arrived, from the above-mentioned. Forth, Consignees of Cargo are hereby. informed that their cargo will be landed at their risk into the hazardous and/or extrs hazardous Godowns of the Hongkong and Kowloon Wharf and Godown Company, Limited, at Consignees risk.
Esports
ing can be signed.
before Bills of Lad-
INDO-CHINA
STEAM NAVIGATION COMPANY. LIMITED.
SAILINGS SUBJECT TO ALTERATION
SHANGHAI via SWATOW MANILA TIENTSIN SHANGHAI BANDAKAN
STRAITS & CALCUTTA... SERALS & JAVA
“KIFONGSANG The, anh ng. Dight LOONGSANG.Fri 6th Aug. 3 p.m. HEONGSHINGS 7th Aug Dilight
CHOY SA M**Surs; 8th Ang Dugos, INSANG Sun Aug. Noon "LAISANO" ...Tue 10th Agg.. 3 p.m.. CHUNSANG...Tue, 10th Aug, 3pm.
Singapore; returulag fra i Calcutta stomers pret via Strvita ALTTLIVE-This Lion affunds regular mailing to Cakutta Lesog and
and Hongkong to Japan, occasionally calling at Shanghai All steamers have excellent passenger Licom wulation, are. fitted with Electrin Light id Fans and carry a fally a talified Surgeon.
All broken, chafed sad damaged goods ara to be left in the Godowng, where they will SHANGHAI be examined on August & h.
All Claims must be presented within a werk of the Steamer's arrival here, after which they cannot be recognized.
No Claims will be admitted after the Goods Fave left the Clodowns and all goods remain- ing undelivered after Atg. 9th, will be subject to rent.
No Fire Insurance whatever will be ffected,
MANDA HAIPHONG
BORNEO
1...
be
LINE:-Sailings approximately svöry five daya between Canton and Shanghai, sometines calling at. Swatow. Through tickets can
obtained and through Bill of Lading are issued to all. Northern and Yangtze Porta cia Shanghai. Ankly gemeten i
LITE
with Manila by gula with good
passenger ring brith purta *vory Friday...
LINE-Sallings approx
iyor: padonger and cargo,
calling at Hoihow when indra offers.
LINE-One siling per innth between Hongkong and Sandakan by
a steamer having up to-date accommodation for passengers
Cargo taken on through Bill of Lading for Kaadas, Jessitur Labuan, Tawao and
Lahad
Data
Consignees are requested to read in their pilis of Lading for cunter-signature im- TIENTSINLINE:- regar service is run from March to November between
mediately LOS ANGELES PACIFIC NAVIGATION
COMPANY
As Operators, U.. Shipping Board, Hongkong, August 2nd, 1990."
NOTICE TO CONSIGNEES.
The Steamship “RIOJUN MARU
FROM JAPAN.
1280
NONSIGNEES of Cargo are hereby inform
that all Goods are being landed at their risk into the Godowns of the Hongkong and Kowloon Wharf and Godown Company, Ltd. at Kowloon, whence and or from the wharves palelivery may be obtained.
Optional Cargo be forwarded unless notice b the contrary be given before July 28th.
No claims will be admitted after the Goods have left the tndowns, and all Goods remaining delivered after Aug 4th. will be subject to rent.
All claims against the steiner must be pre- seated to the Undersigned on or before Aug." 14th, or they will not be recognized.
It was not a question of willingness to pay, but of capacity to find the money without drying up all the springs which fertilised industry. (Cheers.) In the year 1913-14 Government expenditure amounted to £200,000,000 and the estimated savings of the community were about £400,000,000, so that the total national income exceeded the total national expenditure ather Ali brokes, chafed and damaged Goods are to than the Government expenditure by be left in the Godowas where they will be £800,000,000. To-day, on the same basis of examined on Aug. 4th, it '10 .... individual consumption and of production that surplus of production over consumption would be the same, but measured in "money its present value would be £400,000.000," But he did not think he was over-stating the case when he played present-day output at 80 per cent. of that of 1913-14. (Cries of Too high.")
THE SAFETY LIMIT.
4
No. Fire Insurance has been effected. Bills of Luting will be countersigned by
DODWELL"& CO., LTD.,
Agenta...
[1269
Hongkong, July 28th, 1920,
NOTICE TO CONSIGNEES.
THE P. & O. 3. N. Co.'s Steanter
"DUNERA
Arrived Hongkong on Aug. 1st, 1920. FROM BOMBAY, COLOMBO (AND
STRAITS.
Chir losses of income on foreign investis ments which we had had to sell during the war were certainly over, £30,000,000, and he was certainty under-stating the estimate when he put the total loss, including that item and the amount we had now to pay on foreign indebtedness, at £100,000,000. These causes diminished production," in- kreased consumption amongst certain sec- tions, and lower revenue from foreign in- Consignees of Cargo by the above-named vestments, tended to reduce the surplus vessel are hereby informed that their goods are government of this country. He believed Hongkong and Kowloon Wharf and Godowa that examination would show that a Company's Godowns at Kowloon, where ench Budget of $1,000,000,000 was a large as Conmigament will be sorted out Mark by Mark. the nation could possibly carry at present, and delivery can be obtained as the Goods are find that even this figure would not leave landed. sufficient margin for the increase of capital
SKATTLE & VICTORIA, via Keelung, Shanghai & Japan port which the ration had to expend on the being landed and placed AT THEIR ROK in the
Cargo to Overland Points U.S. in connection with Great Northern Northern Pactás
and Chicago, Miiwanken & Bt. Paul Ballways. TOYOHASHI MARU (calling Manila) KASHIMA, MABU (calliop Manila) FUSHIMI MARU
*
Banday, 15th Aug,, at il am, Monday, 18th Aig, at (1 60, Saturday, 11th Sepk, at,il mw
LONDON & ANTWERP is Singapore, Penang, Colombo, Suez
Port Bald and Marseilles.
ATSUTA MABU... -. SEIDZUOKA MABU
Tuesday, Tutk Aug, at Noon.
Friday,
20th Aug. Naan. Friday, 3rd Sep, a Noon. HAMBURG, LONDON & JANTWERP vis Singapore, Colomb
KAGA, KARU-
Sues and Port Said.
LIVERPOOL & MARSEILLES via Siagipore, Colombo, Sass der
Port-Said. KANAGAWA MARU”
Friday, 20th August.
This vessel brings on Cargo —*
From Persian Gulf er 6. B. I. S. N. and
B. & F.S. N. Co.'s Steamers Optional Goods will be landed here unless instructions hare" been. given to the contrary six hours before arrival of the Steamer.
Goods not cleared within 8 days, including date of arrival, will be subject to rest.
No Fire Insurance will be effected by us in any case whatever must be left in the
Damaged (PodoWIN for
by the Consignees, and
ecessary for the recuperation and develop- ment of industry. Having noted tha Budget estimates, Mr. McKenna' said he was driven to the conclusion that we were being gravely over-taxed. (Cheers.) The result of over-caxation was that manufac "turers and traders were compelled to rely more and more upon their bankers for as sistance in amking needful expital outlay, In over-taxation they saw a direct stimulus to an increase of credit, and therefore, as the Company Surveyors, Mrs. GODDARN & the money was needed for capital purposes, Doratas, at 10 x on MORDAYS and THURSDATE, to an immediate rise in prices. (Cheers) { All Claims must be presented within ten days. It he was right in thinking the trade of of the Steamer's arrival here, after which date the country was being overburdened, one they cannot be recognised.
No Claims will be admitted after the Goods tax sprang to the mind as first choice for
have left the Godown
MELBOURNE & SYDNEY via Manila, Zamboanga, Thurids repen the excess profits tax. As anything
Island, Townsville & Brisbane.
AKI MABULA
TANGO MARU
NEW YORK via Suez Canal.
AKITA MARU
#Wednesday, 18th. Aug 11 am .... Wednesday, 2nd Sept, at II
Thursday, 28th August.
SOUTH AMERICAN PORTS ris Singapore, Ringson Calcutta
Durban & Cape Town.
PENANG MALU-
Monday, ath Augant. BOMBAY & COLOMBO vis Singapore.
Friday, 20th Aug ist. TENSHİN HARU ALCUTTA & BANGOON ris. Singapore & Penang.
Monday, JAPAN PORTS-Nagasaki, Kobe & Yokohams.
TANGO MARU
8th Aug
Saturday,
Sist Aug, 1 m
SHANGHAI, KOBE & YOKOHAMA,
SHINGO MARU
CALCUTTA MARU
NAGATO MARU...
Friday, Friday, Thursday,
6th August 6th "August. 12th August
more than a temporary war tox it was essentially bad. In framing it he had no onception of its continuing beyond the period of the war, and he frequently pledged himself, he believed with the full concurrence of all his then colleagues, that. it should not be continted in peace. de understood that the only ground on which
MACKINNON, MACKENZIE & CO,"
·Agents. Hongkong, August 1st, 1920.
it was continued wax that no substitute could be found. That very fact was proof positive that the nation had exhausted its Fox TRIESTE, taxable capacity. (Cheers.)
OUR BEST DUTY. [
(1270
NOTICE TO CONSIGNEES. The Steamship * INNSBRUCK.*
VENICE, ADEN COLOMBO, PENANG & SINGAPORE, CONSIGNEEB of Cargo are hereby He spoke as a businessman, with so
that all Goods are being thought of politics or economic theory. Our landed at their risk into the Godowns of the firat duty was to increase production. We Hongkong sad Kowloon Wharf and Godown must raise in taxation enough to pay our Company, Ltd at Kowloon, whence and/or way. We must not borrow to meet Corn from the wharves delivery may be obtained. ment expenditure or to pay interest on Optional Cargo will be forwarded unices, before 2nd given debt, but we must so limit our expenditure
No claims will be admitted after the could be imposed without injury to the development of production. They must nos Goods have left the Godowns, and alls be pas off with the inquiry as to which Goods remaining undelivered after the eth items of expenditure could be cut down.int will be subject to rent
All
as not a require heavier taxation than ice to the contrRE SA
claims against the steamer must be fedded" on" ita, merite. The reply to the presented to the Undersigned on or before
the 16th inst, or they will not be recognized. question was that we had so much and no All broken, thufed, and damaged Goods more money to ipend A-selection must-be). are to be left in the Godowns, where they
He had no doubt each item could be de-A
For further information apply to NIPPON YUSEN KAISHA made, therefore, among these most desirable will be examined on the 6th inst at 10 AM.
Telephone Nos. 249 & 293.
8. YASUDA," Manager.
AUSTRALIAN ORIENTAL LINE. HONGKONG TO PHILIPPINES AND AUSTRALIAN PORTS. -Steamer
· TAIYUAN "···
Am. Hongkong from Australia | Lv. Hongkong for Australie
6th Ang
SAILING BUBIZOT TO ALTERATION,
10th Aug.
This Steamer is fitted with Refrigerating Machinery, sosuring « plentiful supply. Ice, Fresh Provisions, etc, and have superior scootumodatira with Electric Light roughout and Electric Fans in the State Rooms. A duly qualified Doctor is carri
nood Fares. Cargo booked through to all Australian, New Zealand & Tasmanian Porta, For Freight and passage apply to BUTTERFIELD & BWIRE, Agente
objects, and some curtailed, rome postponed, and some absolutely cut off. (Cheers,). Every individual confronted with the sante problem in his private expenditure, They should keep their attention on the immediate need of increased production, and when that was reccnplished revenue could flow and feel
a
Mr. McKenna-expressed the view, that, the policy of "dear money" in present circumstances was a mistake. It was pos sible, he declared, in conclusion, that brave and honest bus theafetic and unprze-| tical financial policy might have a moze harmful effect than a salutary neglect which would lenge the price of money to find itar own level (Choers.)
de
No Fire Insurance has been affected. Bill of Lading will be countersigned by tatten und DODWELL & Co. LTD. !!
Agents. Hongkong, August 2nd, 1810
1281
THE NEW FRENCH REMEDY...... THERAPION NO. THERAPION NⱭ.2 THERAPION No3
· SOLOWY UZANING CHEMISTS, FRIOS DE RWD Std yo
FREE TRADE MAREED WOOD TREBAPION
Hongkong and Tientsin, calling at Weihaiwei and Cheroo
CALCUTTA
LINE.
S.S. “LAISANG”.
will be despatched on or about Aug, 10th, at 3° p.m. for SINGAPORE, PENANG and CALCUTTA.
Cargo accepted on Through Bills of Lading (Transhipment at Singapore) to KANGOON, PUK SWETTENHAM MADRAS and DUTCH EAST INDIES. ·
The s.s.
JAVA SERVICE
CHUNSANG "will be despatched on or about August 10th, 1920, at 3 pm. for SINGAPORE, PENANG,
BATAVIA, SAMARANG and SOURABAYA.
Cargo accepted for RANGJON, PORT SWETTENHAM, MADRAS and CALCUTTA (via singapore) at current rates freight
For Freight or Passage apply to-
Tamarkons No. 315
Jardine, Matheson & Co., Ltd
GLEN
GENERAL MANAGERS'
AND
SHIRE
Joint Service of Steamers.
U.K.-STRAITS, CHINA & JAPAN SERVICE.
Verwal
·"GLENARIFFE* **DARNARVONSHIRE
'GLENAVY"
Versel
OUTWARDS.
HOMEWARDS. Leaves. Hongkong
about 11th Aug.
25th Aug. 8th Sept.
M/V. "GLENTARA” M/V. "GLENA MOY' 8/8" GLENSANDA' M/V. "GLENARIFFE ** Middle of September
CARNARVONSHIRE
Dae Hongkong
12th Aug.
19th. Ang.
30th Aug
Dischargon
GERA, LornON & ANTWERP, LONDON & BOITERDAM LONDON & ANTWERP, Gros, London & Antwaar "GENCA & LONDON...... Movements are subject to change withoxi notion.. For freight or further partienises please apply to:---
Tel. No. 21 mbs.
Cable Addrem
End of Sept.
Jardine, Matheson & Co., Ltd.
(The Glen-Line-Ltd:- AGENTS: The Royal Mail Steam Packet Cof
Owners of Shire ** Line:
Kavakles," Kobe.
Bentley's, ABC 116 Ea
"and Boow's Codes.
¿Telephone : Sennom
KAWASAKI KISEN KAISHA
(KAWASAKI
CAPITAL PAID-UP
STEAMSHIP
Presidens:-Mr. Y. KawasaKİ.
$20.000.000
Vice-President:" ME."K. MATSUKANA. Managing Director: -Mr. MasaraƑÂKE.
The Company has on hand a Large Humber of
NEW CARGO
STEAMERS
ALWAYS READY - FOR-
"GHARTERS_of_all_descriptions,
The following are comprised in the Company's Fleet Eleven steamers of 9,100 tons each
And. under the 'Goespany's maza
de-dweight.
Twenty steamers of about 9,100 tons deadweight each" Twe steamers of about 6,300 tons deadweight such Balearing to the Kawasaki Dockyard Co., La
all other pariiculori opply to the
KAWASAKI KISEN KAISHA,
No. 8. Bura, Koza.