THE HONGKONG DAILY PRESS, THURSDAY,

DODWELL & COMPANY, LD.

STRAMBHIP SERVICES.

Regular Sailings &

NEW LORK &/OR BOSTON

via Sies or Panama Canals at Owners' Option..

·EGREMONT CASTLE !!.. siling on or about tih Apri LLOYD

TRIESTINO

For BRINDISI VENICE

& TRIESTE.

faking Cargo on through Bill of Lading for LEVANT, BLACK BRA & DANUAR

*

PORTS,

"GERMANY CAN. PAT” PRIME MINISTER ON WAR REPARATIONS.

The Prime Minister received the free dom of the city of Birmingham on February ath.:

The Prime Minister, roplying to the honour conferred upon him, made an im portant speech, in the course of which he said:

restoration

MARCH - 31st,

1987

INDOCHINA

STEAM NAVIGATION COMPANY LIMITED.

SAILINGS "SUBJECT TO ALTERATION

SHANGHAI via Swatow"

"HANGSANG".

VALOONGSANG: **TEOPÃO":

CHAKBANG „Tuos,

TIENEKIN VIS WKInaiwzi & Chz700 “CHIPSHING" MANILA AN

BANGKOK via SWATOW STRAFTS & CALOUTTA

HAIPHONG via HOIROW "LOKSANG", Wod SHANGHAI & TUINOTAU VİS SWATOW," WINGSANG” KOBE VİD SHANGKATAN *FUOKSANG“ „„. Mon.

Thurs,

1st Apr., Dlight.

11 Apr., Dlight.

1st Apr. 3 p.m.

3rd Apr., D'light

6th Ap", " 3 km. 8th Apr....

9

7th Apr., D'ligns 11th Apr., Nov.

FIUME having been re-opened for trallo, cargo is also accepted for this port on through B/Lading pesce, of an attitude of peaceable frame a great difference, and this 1 tried to ALOUTTA LINE This Line affords regular mailings to Caloutta, Penang and -

asiling on or about April 19th.

saling on or about May 19th.

9.5.

"TRIESTE"! PERSIA***

For SHANGHAI

& JAPAN.

8.5. "PARSIATM-

miling on or about 15th April.

Passengers" Luggage can be insured at the Ofoe of the Agents,

NANYO YUSEN KAISHA, Ltd.

28.

(BOUTH SEA MĂIL: S.S. 00.)

Begalar Services between

JAPAN, HONGKONG

"CHERIBON MARU"

FOR JAVA JAVA.

sailing or or about 9th April.

FOR JAPAN

S.S. "HACASSAR MARU”

OCEAN

NATAL

sailing on or about 6th April

TRANSPORT Co., Ltd.

(TAIYO KAIUN KAISHA) Steamship Servion Trans-Pacie Also to Australia, Europe, etc.

LINE OF STEAMERS.

TAXING Cargo or through Bills of Lading for SOUTH AFRICAN PORTS with transhipman at CALCUTTA,

la confection with the

INDO CHINA STEAM NAVIGATION CO. LTD. AND, APCAB LINES.

for Freight of Passage on any of the above Lánas apply to:-

DODWELL & CO., LTD

Agente

N. Y. K.

NIPPON YUSEN KAISHA

SAILINGS FROM NONGKONG SUBJECT TO ALTERATION..

SEATTLE & VICTORIA or VANCOUVER vis Manila, Shanghai shells.

& Japan ports

Cargo to Overland Points US, in connection with Great Northern Northern Pacie hand Chlongo, Milwaukee & St. Paul-Ballways KASHIMA MARU (omitting Manila)

Wed

Friday,

Friday,

10th Apr. at 11 a

6th May, 11 .. 31st May, sa 11 am. 17th June, st 11 sin.

LONDON & ANTWERP, ris Singapore,

SUWA MARU

FUSHIMI MARU (omitting Manils)..

KATORI MABUA

Port Bald and Marvelles.

SADO MARU

141

KITANO MARU..

INAHA MABU

KANO MARU...

Monday:

Friday,

Friday,

Friday,

Pensny, Colombo, Bues

4th Apr. 11 km. 15th Apr., at-11 ani 29th Apr.at 11 am

HAMBURG, AMSTERDAM, LONDON & BOTTERDAM.

LIVERPOOL & MARSEILLEB via Sues.

MELBOURNE & SYDNEY vis Manila, Zamboanga, Thursda

Island, Townsville & Brisbane.

Tassday, Tuesday, Tuesday,

19th Apr., at 11 TEE 17th May, at 11 am. 21st June, as II 'mo

NIKKO MABU,

AKI HARU

TANGO HARU

NEW YORK vis Suez.

KAWACHI MABU (miling from Singapore) BOMBAY & COLOMBO vis Singapore.

WAKASA MARU

Wednesday, 11th May.

Friday,

2nd April

SOUTH AMERICAN PORTS via GAPE,

CALOUTTA & BANGOON via Singapore & Penang.

Tunday, 11th Apr, at 11 km

TUTTORI HARU

RANGOON MARU

AKI MABU

JAPAN POETS Naga

-

CHANGHAI, KOBE

Kobe

YOKOHAMA.

Wednesday, 6th April. "Sunday, 17th April.

Yokobama.

KAMAKURA MARU.

KAMO. MABU

DAKAR MARU, WA

Thursday, 31st Mar. at 11 am Tuesday 11th April Wednesdiny, 18th April. Friday

15th Apr. at 11. Tharaday, 28th Apr. at 11 am For further information apply to NIPPON YUSEN KAISHA.

BUE, YASUDA, Manager, Telephone Nos. 292 & 232, -

LIVO MABUN ATSUTA MARU.

[CAPACITY" TO "PAT. | The capacity to pay was, the second principle. What was the third 1: This is most important, and it is cae which is not realised · suficiently, that Germany must not be allowed to pay in a way which would inflict greater damage upon the country receiving the payment than not to pay at all For instance, Germany would that be to us it would throw could pay in cheap goods, but what good hundreds of thousands of workmen out of work here, in France, in Italy, in Ame rica, and every country receiving the in- demnity. Therefore, it was the essential condition Germany should not be allowed to pay in such a manner as would inflich greater injury on the country than even not receiving--an indemnity. There is impress upon my French fellow cond utors in Paris. There is a great dil- ference between paying the debt'inside a country and paying it across the frontier. Nobody has had to face that worry lika my friend the Chancellor of the SHANGHAI chequer. When he has got to pay in America it is a problem, which presents the greatest difficulty. There are the difficulties of exchange. It is no use MANILA saying you have railways in Germany, you have forests in Germany, you have HAIPHONG mines in Germany. You cannot transfer these across the German Ocean and plant BONNEU them here. If you did we should prob ably not want them. (Laughter.) But the problem of exchange is great. Ger many for the moment can pay consider- TIENTSIN able sums inside her own country, but the moment she tries paying inside an other country there are always the problems of exchange. That is ono oi the difficulties which has baffled experts when they came to consider this problem of indemnity.Z

PRESENTING THE BILL.

These are the principles which have, 1 think, been accepted by all the Allies, and at Bristol I emphasised these three principles. When we shall go into con. ference with our Allies we shall consider what Germany ought to pay, what she could pay, and how best she could pay without doing harm to the Allies. We came to certain conclusions, and last" week w

cwe put forward our bill-(laughter)

The Arst essential for the of the world to a healthy state of things is the restoration of real peace (cheers) the recreation of an atmosphere of

of mind, the restoration of real neigh bourliness among the nations. The first condition of that is the peace treaties must be respected (Cheers.) Wo enter ed into the war because a treaty was broken. Now it is over we mean to see that treaties are observed. (Cheers.) Unless it is recognised that treaties must stand, you will have nothing but a con- stant state of unrest in Europe. A chal fanged treaty is a war in suspense. The Allies may be able to adapt the condi- tions of the Treaty to any new circum stances that may arise, and circumstances which could not have been foreseen at the time the Treaty was signed. We have shown the utmost readiness to meet such conditions, but the Treaty must stand. (Cheers) There are notably two conditions that it is essential shall be respected by Germany. The first is the sapulation of the Treaty of Versailles with regard to disarmament. There can be.no peace without disarmament. (Hear, hear.) It is those gigantic armies, increasing their efficiency year by year swelling in numbers and adding to the terrible equipment of slaughter generation by generation, and year by year, that has precipitated the world into this horrible conflict. It is the first condition of peace that the machine must be broken up beyond repair-not merely broken up, but broken up beyond repair. (Cheers.) I have knowledge, on behalf of the British Government, that since the Armistice and Germany does not like it. (Re

There is one advan- Germany bas made very great progress newed laughter.) towards disarmament. I will give you & tage in the way in which that bill has few figures of what she has to surrender, been framed. It is. scaled according to And these figures will give you some German prosperity. If Germany is not notion of what a terrible machine she prosperous she cannot pay. If Germany possessed, and you can guess whether it is prosperous she can pay, and the must was built up for a good purpose. She pay(cheers) and the bill presented last has surrendered since the war in cannon, week is on a scale which varies according great and small will give you round to the prosperity of Germany, especially figures-31,000 10,000 trench mortars its prosperity in reference to exports, remember our little Army with its low and, after all, only through exports can hundreds. We had, I think, a few score she pay, because that is wealth that ie big guns, and even in 1918 we had only sold outside the country, and, therefore, a few score big guns. There are thou you are able to transfer the values to sands and thousands of the biggest guns the countries that receive a share of the ever forged here surrendered, broken, indenurity. We have started at a com smashed. I remember that we had about paratively low figure. Why? Because 100,000 shells. I think we had 80,000 in we realise Germany undoubtedly has reserve in June, 1915. Germany has sur great difficulties at the present moment. rendered since the Armistice 33,000,000 She has lost her colonies, all. (Cheers.) In the case of machine-guns She has lost Alsace-Lorraine, which was remember that we had, I think it was, a considerable source of wealth: She has two or three hundred. Germany has had generally taken away from her one surrendered 70,000 She surrendered great coalfield, the Saar Valley. It has 3,000,000 rifles and 411,000,000 cartridges, not yet been decided whether a second So that she has surrendered by far the and even richer coalfield-that of Silestu greater part of her equipment. When we shall be taken away from her, That! left Spa she had still got thousands of depends upon the people of Silesia Her guns and a very large number of rider.

mercantile marine has gone, and the Since Spa, alter a period of conver country is undoubtedly very demoralised, sations, Germany has accelerated the pro-and they have not yet pulled themselves gress of surrender, but she has still got together. Therefore, we recognises her too many. The process must be com- dificulties, and we say under present pleted. She has got large numbers of conditions Germany can only pay the men trained to the use of arms forming minimum, and we start there, but we sny irregular combinations throughout the it is a great people, an intelligent people. country. Her excuse. is, and there is an industrious people, and once you get something to be said for it, that she has their minds away from war on to peace had something like a revolution in her it will become a prosperous people. And own country, and that she cannot leave the population completely without pro- tection We are willing to make allow ances for that, but you do not want hundreds of thousands of armed men for that purpose, and, therefore, the Allies decided that Germany should be com pelled by July to conform more speedily with the Treaty of Versailles in respect of the machinery for the turning out of cannon, because we do not want any more trouble from that quarter.VATERA

Now I come to reparations. Before the last election I ventured to lay down principles, which I thought were sound ones, upon which a demand for repara tions should be framed. I am just going

There are some who say that it was to give you a summary of those prin- ciples because there are so many garbled the old regime that was responsible for extracts circulated, I am afraid, that all that. That is not so. The whole. think it is essential I should just remind German people were behind it, yea, even you of the three principles laid down by the Socialists. The Socialists of Ger- the Government before the last election, many, who pretended to be a bulwark of What were they? The first was this peace, supported every proposal, includ that Germany was morally bound to paying the invasion of Belgium. The only for all the damage inflicted by her one amongst them that protested was that by every principle of thrown into prison and afterwards assaë- wanton acts; jurisprudence in every civilised commusinated. The German people were solid nity in the world a country, just like an behind that enterprize in 1014, and if Andividual, is responsible for its own they had won would have gladly shared acts. That is a principle that nations the booty. Therefore, the German nation cannot get away from, that they ought is responsible morally by that and legally" to be just as responsible as an individual by its treaties. The burden imposed is for any damage which they indict upon not an extravagant one. For the first principle which I laid down. It is prin pension bill. of France or Great Britain their neighbours. Then comes the second two years it is not equal to the sonund ciple, not merely of law, but of common alone. For the first two years after sense that does not always mean the wards it increases but that is in pro- same thing. It is that you can only roportion to the increased prosperity, of at paying. You cannot get more out of ing econimic slavery upon the workmen him than he has got, and every wise of Germany. It is simply a proposal solicitor advising a client when he finds that the workmen of Germany, who sup a client is making a claim which is con ported the war, should take their share siderably larger than the debtor is cap of paying the damage for the wrong. able of paying, says to him, Well you which, they approved of and which, they had better get out of him as much as are inflicting on the workmen of other you can. If you wind him up you will countries at this present moment. Fare all the cost of liquidation, all the

SEMA SHEATING THE SWORD Worry You will have all the loss of The people are only anxious that the time, and, therefore, you had better tale sword should remain sheathed. There is what you can get. And then comes the nothing to induce the Allred peoples to question of how much you can get, and take strong action except the foching that wise solicitor at once says, You had you have the same Germany to deal with, better see an accountant and values" led by the same people, animated by the and beat once consults experts as to

samo purpose, waiting each time to what the debtor is capable of paying achieve the same end as in 1914--and the and having received his report, makes Treaty which has been signed is intend up his mind, and says: That, in my ed to deal with that The Allies-hard judgment, as all you can get, and I would the same just cause as ever. They will not worry about any more. That was proceed in the spirit of justice and mode- the second principle I laid down on beration, and they are united as over -half of the Government.

in their purpose. (Cheers.)-

having inflicted this damage they can pay, and must pay (Cheers.) Germany can pay if she means to. She has not yet taxed herself to the levelf-loud cheers) of Great Britain or France. It is intoler able that the country that inflicted the damage, and that whilst it was indicting the damage was escaping damage itself, should escape with a lighter burden, less taxation, than the two countries that were the victims of this wanton "attack. And we cannot allow it. (Loud cheers.) We cannot allow it

(The rest of the sentence was lost in the uproarious cheers with which this part of the speech was greeted.)

GERMAN. SOCIALISTS.

PRINCE LINE FAR EAST SERVICE cover from a debter what he is capable Germany. It is not a question of impos

Regular Sailings

steamers

Boston and/or New York by

For BOSTON and

NEW YORK

6.8. ““ MONGOLIAN PRINCE”

For Freight and fall particulare apply tom

Telephone 9765.

Telegrami lasivuprine

FURNESS,

15th April, (via Saez).

(FAR EAST LIMITED 8% Gearren Balding

Singapore returning from Calouste steamers proceed, vís Strait and Hongkong to Japan, doesalonally calling at Shanghal

All steamers have excellent passenger accommodation, are filled with Electric Light and Fans and carry a fully-unalfiled Surgeon. LINE:-Sailings approximately every Avo days botwaen Canton and Shanghal, sometimes calling as Swatow. Through tickets can be obtained and through Bill of Lading are Issued to a!} Northern and Yangtzo Porte via Bhanghal, LINE --A weekly service is maintained with Mania by vessels with good

passenger accommodation, calling us both ports every Friday, LINE:-Sallings approximately weekly for passengers and cargo,

calling at Holhow when Indnowmeni affers, dig. LINK-One sailing per mouth between Honglong, and Sandakan, by

a steamer having up-to-date soxmodailon for passengers. Cargo taken on through Bill of Lading for Kasday, Joszalion Labuan, Tawao and Lahad Datu

IJNE-A regular service is run from March to November between

Hongkong and Tiemizin, calling at Wolhalwek,and Chatoo,

CALCUTTA

LINE

"CHAKSANG" will be despatched on or about Tuesday, Apr., 5th, 3 p.m., for SINGAPORE, PENANG and

CALCUTTA,

Through Bills of Lading issued to RANGOON, MADRAS, and DUTCH EAST INDIES.

For Fraight or Passage apply

EKORT NO. 911.

Jardine, Matheson & Co., Ltd.,

GLEN

GENERAL MANAGERS

SHIRE

Joint Service of Steamers.

U.K.-STRAITS, CHINA & JAPAN SERVICE.

De Vessal

8.8. "GLENIFFER' 8.8. "GLENGYLE

Vessel

SB. "CARNARVONSHIRE”

OUTWARDS.

HOMEWARD'S, Lowven Hongkong

Sith Apt.

Dae Hongkong

14th April. 28th Ap

Discharges

Guroa, Lonson à Bor

Movements are subject to changs wilkout notion Fox height or further partloglars please apply to

Jardine, Matheson & Co., Ltd. The Glen Line, Ltd.,

Tel No 21 mb 5 er 23 and 2894,

Cable Addres

Kawakisen, Köbe.

Bentley's A.3.0.5th

and Boott's Coden.

KAWASAKI

KISEN

WAGENTS,

Telephons Barism)

2246, 3955,

(KAWASAKI STEAMSHIP CO.)

CAPITAL FAID-UP

ים

Y20,000,000.

Prezident 1 Mr.-Y. KAWALAKL Vice-Promident: Mr. E. MarEZKATA. Managing Directors Mr. Malaya Am

The Company has on hand a Large Humber, of

NEW

AISHA

CARGO STEAMERS

JALWAYS SHADY FOR CHARTERS of allødescriptions.

The following are comprised in the Company's Finet me

Eleven steamers of 9,100 tons each deadweight

And under the Company's management some in Twenty steamers of about 8,100 tons deadweight each. Two steamers of about 8,400 tons deadweight szon.

(Belonging to the Karstad Dooryand Co. Zád.):

For: Char

and all other portionlars apply to the m

KAWASAKI KISEN KAISHA!

“Ha“ByBumn, Bost,

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